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22 Jun 2023, 12:28 pm by Eugene Volokh
The Court credits the sincerity of Respondents when they described their embarrassment and remorse. [read post]
15 Jun 2023, 1:09 pm by John Elwood
SuperValu, Inc., holding that the False Claims Act’s scienter element — which asks whether a defendant “knowingly” submitted a fraudulent claim to the government — refers to a defendant’s knowledge and subjective beliefs, not to what an objectively reasonable person may have known or believed. [read post]
6 Jun 2023, 8:38 am by Kevin LaCroix
The recent, ongoing developments regarding the survival of certain banks, and perhaps even the future shape of the banking industry as a whole, stand as a testament to the fact that the CEO, CFO, and the general counsel (“GC”) and CLO must join with the board and others in focusing on operational and capital cash flows. [read post]
3 Jun 2023, 6:37 pm by Ben Vernia
Comment: Overall, this is a surprisingly good result for whistleblowers and their counsel. [read post]
24 May 2023, 6:37 am by Paula Junghans
” The indictment and its accompanying “statement of facts” accuse Trump of orchestrating a “catch and kill” scheme with his fixer Michael Cohen, American Media, Inc. [read post]
9 May 2023, 9:01 pm by renholding
There is reason to believe the SEC’s new universal proxy Rule 14a-19 will result in more stockholder nominees being elected to the boards of public companies. [read post]
5 May 2023, 4:00 am by Robert McKay
More objective observers might keep their own counsel on the scale and impact of any challenge, for the present, but the direction of travel is clear, and it may be that they are now at an optimum size to compete effectively, and possibly even with honour and integrity. [read post]