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6 Jun 2008, 5:16 pm
CJ Roberts, after pushing for a 2006 tax change that eases the tax burden on judges when they sell stock, dumped between $50,000 and $100,000 worth of Citigroup stock a week before the court heard arguments in Credit Suisse Securities v. [read post]
15 Aug 2014, 10:37 am by John Jascob
The Commission sought to permanently bar Powers from participating in penny stock offerings, but the court concluded that an injunction against such participation that was already in place was sufficient (SEC v. [read post]
24 Sep 2010, 7:18 am by Stephen D. Rosenberg
In an amicus brief filed before the Second Circuit in the case of Gearren v. [read post]
19 Dec 2007, 5:34 am
Yesterday the Appellate Division, First Department reversed a lower court ruling and dismissed a breach of fiduciary duty claim against the New York Stock Exchange and its Chief Executive Officer John Thain - Hyman v New York Stock Exch., Inc., 2007 NY Slip Op 09909. [read post]
1 Oct 2018, 3:40 am by Franklin C. McRoberts
In Matter of Yu v Bong Yu, 2018 NY Slip Op 32009(U) [Sup Ct, NY County Aug. 15, 2018], the court considered the important but novel question of what impact, if any, does a shareholder’s assignment of voting rights under a stock pledge agreement have on his or her standing to sue for statutory dissolution of the business as well as under the common law. [read post]
7 Feb 2007, 3:23 am
Stock Options: Chancellor Chandler Delivers Backdating and Springloading Decisions Yesterday, Delaware Chancellor Chandler delivered two opinions in declining to dismiss complaints alleging backdating of options (in Ryan v. [read post]
15 Feb 2007, 9:39 pm
The Delaware Chancery Court, in two opinions, In re Tyson Foods and Ryan v Gifford, ruled against motions to dismiss in derivative actions based on improperly granted compensatory stock options. [read post]
2 Aug 2007, 8:42 am
Delaware Chancery Court Addresses Cancellation Value of Stock Options in Mergers A few weeks ago - in Lillis v. [read post]
2 Nov 2017, 2:37 pm by James Kachmar
The Ninth Circuit recently addressed an issue as to who may pursue claims for copyright infringement concerning stock photos in the case DRK Photo v. [read post]