Legal Opinion
Official Committee of Unsecured Creditors of WorldCom, Inc. v. Securities & Exchange Commission
Court of Appeals for the Second Circuit
Decided October 2, 2006No. Docket No. 04-4710-cvPublishedCited by 93 opinions
1Opinion of the Court
SOTOMAYOR, Circuit Judge.
Appellant Official Committee of Unsecured Creditors of WorldCom, Inc. (“the Committee”) appeals from an order of the United States District Court for the Southern District of New York (Rakoff, J.) approving a plan by the Securities and Exchange Commission (the “SEC”) to distribute money to the victims of WorldCom, Inc.’s (“WorldCom”) securities fraud. The SEC prepared a distribution plan pursuant to the “Fair Funds for Investors” provision (the “Fair Fund provision”) of the Sarbanes-Oxley Act of 2002 (“Sarbanes-Oxley”), Pub.L. No. 107-204, § 308(a), 116 Stat. 745, 784…
2Cases cited23 opinions
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- Friends of the Earth, Inc. v. Laidlaw Environmental Services (TOC), Inc.Supreme Court of the United States · 2000
- United States v. Mead Corp.Supreme Court of the United States · 2001
- Devlin v. ScardellettiSupreme Court of the United States · 2002
- Hampton v. Mow Sun WongSupreme Court of the United States · 1976
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3Cited by93 opinions
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- Kass v. City of New YorkCourt of Appeals for the Second Circuit · 2017
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