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2 Jun 2024, 9:01 pm by renholding
They include disciplining or dismissing the actors responsible for the violations; strengthening relevant internal controls and policies and procedures; conducting training – or re-training – on the conduct at issue; hiring personnel with relevant expertise; clawing back or recovering certain executive compensation; and repaying harmed investors.[15] The bottom line here is that the remediation has to be proactive and not undertaken solely because it’s been ordered as part… [read post]
13 May 2024, 6:41 am by Dan Bressler
Nonlawyer employees of lawyers can be paid a share of the firm’s profits, so long as they are not paid a share of fees on individual cases or specific groups of cases. [read post]
10 May 2024, 6:00 am by Michelle
The wide-ranging group of plaintiffs, led by 7-Eleven, includes chain retailers like Barnes & Noble Inc., Dick’s Sporting Goods, Starbucks, The Gap Inc. and Ralph Lauren Corp. [read post]
8 May 2024, 6:00 am by Public Employment Law Press
The G&T test, plaintiffs assert, disproportionately benefits "privileged" white students and their "in-the-know" parents, who have the "navigational capital" to understand the admissions process and the economic capital to pay for expensive test preparation. [read post]
8 May 2024, 6:00 am by Public Employment Law Press
The G&T test, plaintiffs assert, disproportionately benefits "privileged" white students and their "in-the-know" parents, who have the "navigational capital" to understand the admissions process and the economic capital to pay for expensive test preparation. [read post]
2 May 2024, 12:35 pm by The White Law Group
  He was affiliated with firms like RBC Capital Markets, UBS Financial Services Inc., and Citigroup Global Markets Inc. [read post]
3 Apr 2024, 9:03 pm by renholding
It is driving broker-dealers to allocate significant capital to their crypto custody businesses or to avoid the business altogether. [read post]
29 Mar 2024, 6:00 am by Michelle
Ian Katz of Capital Alpha Partners says regulators are keeping a watchful eye on the expanding connections between banks and the alternative asset management sector. [read post]
29 Feb 2024, 2:29 pm by Keith Szeliga and Emily Theriault
Second, the total compensation for individual employees or job classes of employees must be reasonable for the work performed.[8] The Government typically analyzes reasonableness by individual employee for owners, executives, and other “high risk compensation categories” and by job class for other employees. [read post]
22 Feb 2024, 1:03 pm by Yosi Yahoudai
Lucid Group Inc., another relatively new player in the EV market, also let down investors with its outlook for the year ahead. [read post]
22 Jan 2024, 3:32 am by Peter J. Sluka
  Consider that a trap for the unwary, because the members’ capital accounts might have little relation to the actual value of the business (especially if many years have passed between the execution of the operating agreement and the capital call). [read post]
2 Jan 2024, 12:56 pm by Kevin LaCroix
By my tally, there were twelve federal court securities class action lawsuits filed in 2023 against companies in the 602 SIC Code Industry Group (Commercial Banks). [read post]
18 Dec 2023, 2:48 pm by CFM Admin
The National Venture Capital Association Revises its Model Legal Documents. [read post]
17 Dec 2023, 9:03 pm by renholding
It is important that the Commission maintain discretion to direct focus to whichever parts of the capital markets need updated regulation. [read post]