New York Paralegal Blog

A new Advanced Paralegal Certification (APC) course in Commercial Bankruptcy under Chapters 7 and 11 of the United States Bankruptcy Code is now available to paralegals seeking advanced certification in this specialty practice area.

Washington, D.C., May 26, 2011 — The Securities and Exchange Commission today charged a former managing director of The NASDAQ Stock Market with insider trading on confidential information that he stole while working in a market intelligence unit that communicates with companies in advance of market-moving public announcements. Additional Materials Litigation Release No. 21981 SEC Complaint The SEC alleges that Donald L. Johnson traded in advance of such public announcements as corporate leadership changes, earnings reports and forecasts, and regulatory approvals of new pharmaceutical products. He often placed the illegal trades directly from his work computer through an online brokerage account in his wife’s name. Johnson obtained illicit trading profits of more than $755,000 during a three-year period. Johnson also has been charged in a parallel criminal action announced by the U.S. Department of Justice today. “This case is the insider trading version of the...

PROVIDENCE, RI—The founder and president of a technology services company with offices in Rhode Island and Georgia has agreed to plead guilty in U.S. District Court in Providence to bribery of a public official in connection with an alleged kickback scheme of more than $9 million of naval funds. United States Attorney Peter F. Neronha today announced that Anjan Dutta-Gupta, 58, of Roswell, GA, founder and president of Advanced Solutions for Tomorrow (ASFT), with offices in Middletown, Rhode Island and Roswell, Georgia, has agreed to plead guilty to paying bribes to a civilian program manager and senior systems engineer with the United States Navy’s Naval Sea Systems Command (NAVSEA) who maintained offices in Newport, R.I. and Washington, D.C., and to others, to ensure payment and additional funding to existing Naval contracts and work orders for work purportedly to be performed at ASFT. According to an information and a statement of facts attached to the plea agreement signed by th...