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FACTBOX-U.S. SEC suffers string of losses in the courtroom

Started by riky, March 10, 2014, 08:00:22 AM

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FACTBOX-U.S. SEC suffers string of losses in the courtroom

By Aruna Viswanatha and Sarah N. Lynch WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has suffered a string of recent losses in the courtroom, dragging down what had been a consistently high trial success rate. Since the start of the SEC's fiscal year on October 1, the agency's win rate has dropped to 58 percent, from about 80 percent in recent years. Below are 12 trials that have produced a verdict or ruling since October 1. 1. ...

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