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22 Apr 2024, 1:11 pm by Kevin LaCroix
” The court further recognized that, even assuming Rule 9(b)’s heightened pleading standard applies to the control person claim under Section 20A, the indicia of control alleged in the complaint (i.e., significant ownership stake in the issuer and corresponding influence on the board) satisfied that standard. [9] The GoHealth and Oak Street rulings enabled the plaintiffs to move past the pleading stage, which is a very significant milestone in the securities class… [read post]
22 Apr 2024, 4:28 am by Andrew Lavoott Bluestone
Co., 5 NY3d 561, 572; Yenrab, Inc. v 794 Linden Realty, LLC, 68 AD3d 755, 758; see also Donenfeld v Brilliant Tech. [read post]
8 Apr 2024, 4:22 am by Peter Mahler
Historically there have been significant differences in the statutory and case law of the 50 states that limit the utility of cross-border research and citation in disputes between co-owners of partnerships, close corporations, and LLCs. [read post]
18 Mar 2024, 6:00 am by Sherica Celine
The Final Rule specifically identifies and describes the following factors as relevant to the economic reality standard: 1. [read post]
4 Mar 2024, 5:56 pm
Pix credit here In a 53 page opinion, the United States District Court for Northern Alabama has ruled, in National Small Business Association v. [read post]