Panel stresses "open courts" principle in denying closed door hearing
Normally, major frauds should carry disgorgement orders, Tribunal says
Concerns about company were raised by short sellers in 2022
Courts awards plaintiffs' costs, criticizes effort to force foreign arbitration
Rising geopolitical risk threatens to undermine rules-based economic system
Adjudicator rejects $213M claim against Bridging flagship fund
Preventing communication with clients could harm regulatory compliance
Class action brought on behalf of full-service clients with funds that paid trailers
Notes must meet two-part test to count as evidence
Market more important than experts in establishing materiality, court says