Oyster Bay notified of possible civil enforcement by SEC
July 13, 2017
Media Coverage
Newsday
July 13, 2017
"Oyster Bay notified of possible civil enforcement by SEC"
Jessica Nall, chair of Farella's White Collar Crime & Internal Corporate Investigations practice, commented on the SEC investigation of Oyster Bay. In the article, Ms. Nall said, "what typically happens in cases like Oyster Bay’s is the SEC will make a settlement offer in lieu of filing a lawsuit. Penalties in such cases are almost always in the hundreds of thousands of dollars or millions, even in smaller cases just because these are pretty serious violations. Settlements can take years to resolve.”
