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FINRA’s Ex-Enforcement Chief Joins Law Firm
Legal Careers News |
2010/04/15 02:22
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Susan Merrill, FINRA's former head of enforcement, has landed a new job as a partner at the New York office of the law firm Bingham McCutchen LLP. Susan Merrill, the former head of enforcement at the Financial Industry Regulatory Authority ( FINRA ), has landed a new job as a partner at the New York office of the law firm Bingham McCutchen LLP. In March, FINRA announced that Merrill was stepping down at an undetermined date to return to private practice. The agency has yet to name her replacement. At Bingham, Merrill will join the firm's broker-dealer group and will lead its enforcement practice and advise financial industry clients on regulatory and securities enforcement issues. |
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website and help you redesign your existing law firm site to secure your place in the internet. |
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