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31 Jan 2024, 9:01 pm by renholding
Securities and Exchange Regulation S-K[2] can support a securities fraud claim under Section 10(b) of the Securities Exchange Act, even absent an otherwise misleading statement.[3] The plaintiffs alleged that Macquarie had issued material misstatements and omissions concerning the potential impact of new international fuel regulations on the company’s fuel storage business, in violation of both the Securities Act and the Exchange Act. [read post]
16 Jan 2024, 1:19 pm by Kevin LaCroix
Nessim is co-founder and CEO, and Stephen Sigrist is a senior vice president, at SAR LLC. [read post]
24 Nov 2023, 12:46 pm by Petrelli Previtera, LLC
Common types of retirement accounts in Colorado include: 401(k): Employer-sponsored retirement plans that allow employees to contribute a portion of their salary to a tax-advantaged investment account. 403(b): Similar to a 401(k) but offered by certain non-profit organizations, such as schools and hospitals. [read post]
20 Nov 2023, 9:01 pm by renholding
Madoff Investment Securities LLC (BLMIS) was a Ponzi scheme led to its liquidation under the Securities Investor Protection Act (SIPA).1 A SIPA liquidation is designed to collect “customer property” for ratable distribution among customers based on their “net equity” — investments minus withdrawals (i.e., loss of principal).2 SIPA largely incorporates the Bankruptcy Code and allows the SIPA trustee to recover property transferred by… [read post]
10 May 2023, 9:01 pm by renholding
Some Chapter 11 proceedings yield a stand-alone restructuring where either (1) existing equity interests are eliminated and creditors emerge as the debtor’s new equity owners in exchange for their pre-bankruptcy claims or (2) a “plan sponsor” injects new capital in to the debtor in exchange for equity in the reorganized entity. [read post]
9 May 2023, 9:01 pm by renholding
The current disclosure obligations set forth in the Schedule 14A form of proxy statement are designed almost exclusively to elicit disclosure from a nominating corporation, not a nominating stockholder.[2] These disclosure rules, even after Rule 14a-19’s adoption, fail to address the fundamental difference between a stockholder nominating a director to the board, and a corporation nominating a director to the board. [read post]
22 Feb 2023, 1:07 pm by Dennis Crouch
Patent TPLF funds generally promise roughly 20% internal rates of return to funders (IRR) year-over-year, or about a 2x to 2.5x return on investment over generally four- or five-year investment cycles, suggesting, at least at the pitch level, that these investments are lucrative for the funders.[15]  The biggest (or at least most well-known) players—Magnetar Capital, Burford Capital, Fortress Investment Group, Omni Bridgeway, and Curiam Capital, to name… [read post]
15 Apr 2022, 6:24 am by Silver Law Group
Lighthouse pays a 10% commission (8% + 2% O&O fee)” O&O stands for organizational and offering. [read post]
11 Apr 2022, 7:51 am by Nicole Pottroff
The adjustment typically excludes: (1) funds invested in an IRA, 401(k), or other official retirement account; (2) income received from an S corporation, LLC or partnership, if that income was reinvested in the company or used to pay company taxes, (3) the equity interest in the applicant company, and (4) equity in the individual’s primary residence. [read post]
5 Oct 2021, 6:36 am by Dennis Crouch
, venture capital, investment bank, fund, etc.); (2) licensees or users of patented technology; (3) entities that represent inventors or patent owners (e.g. [read post]
27 Sep 2021, 12:59 pm by Emily Dai
Alvarez, managing principal at BridgeCounsel Strategies LLC. [read post]
3 Sep 2021, 5:46 am
Furman, John Wilson and Doug Elsbeck, King & Spalding LLP, on Sunday, August 29, 2021 Tags: Incentives, Investment advisers, Investment Advisers Act, SEC, SEC rulemaking, Securities regulation 2021 Say on Pay and Proxy Results Posted by Todd Sirras, Justin Beck, and Austin Vanbastelaer, Semler Brossy LLC, on Monday, August 30, 2021 Tags: Executive Compensation, Institutional Investors, Proxy advisors, Say… [read post]