Deals
Atrinsic Raises $3M
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Atrinsic (OTC:ATRN) announced that it has raised $2,968,750 in a Convertible Preferred Stock transaction.
Legal
Caledonian Bank Shareholder Seeks to Block Settlement With SEC
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A shareholder in Cayman Islands-based Caledonian Bank is seeking to block a legal settlement between Caledonian and the Securities and Exchange Commission over the bank’s alleged involvement in a series of pump-and-dump schemes.
Legal
Fenwick’s Graham, CrowdCheck’s Hanks Named Co-Chairs of SEC Advisory Committee
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The SEC named law firm Fenwick & West’s Seattle managing partner Stephen Graham and CrowdCheck Inc. CEO Sara Hanks as co-chairs of the commission's Advisory Committee on Small and Emerging Companies.
Executive Moves
Securities Lawyer Emmanuel Leaves Sichenzia, Joins McDermott
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Securities lawyer Gary Emmanuel, who has advised U.S. and Israeli life science companies on public offerings and private placements, has left Sichenzia Ross Friedman Ference and joined McDermott Will & Emery. The move to McDermott’s Corporate Advisory Practice Group was announced Tuesday, Feb. 2. The firm said that Emmanuel’s skills and knowledge of sectors including life sciences and biotech make him an “excellent complement” to its healthcare deal team. McDermott also said that Emmanuel’s experience advising Israeli companies could help bring deal flow to the firm.
