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14 Feb 2017, 12:00 am by proliability13
As the Second Circuit recently indicated in the case of In re Puda Coal Securities Inc., an accountant’s potential liability for its audit statements can largely come down to the fact that such statements … are nothing more than an opinion. [read post]
18 Jan 2010, 1:02 pm by Page Perry LLC
Two months ago we reported that Citigroup Global Markets, Inc. had asked a New York court to dismiss a $72 million lawsuit filed against it by KV Pharmaceutical Co. [read post]
10 Aug 2021, 12:15 am by John Jenkins
We’ve previously blogged about Covid-19 related securities litigation, but this Proskauer blog flags something a little different – derivative litigation targeting comp awards that the plaintiffs essentially claim were “spring loaded” due to the pandemic-related market volatility: While we are growing accustomed to pandemic-based shareholder actions relating to improper health and safety disclosures or misrepresentations relating to COVID-19 treatments and… [read post]
16 Feb 2011, 5:33 pm by Bankruptcy Attorney
Mega book retailer Borders Group, Inc. commenced a chapter 11 bankruptcy case today in the United States Bankruptcy Court for the Southern District of New York (Case No. 11-10614). [read post]
29 Nov 2017, 12:13 pm
 You just send in a postcard and you get the subscription essentially forever. [read post]
28 Jun 2022, 2:52 pm by Meri Baghdasaryan
While encryption has been under attack in recent days, it’s still essential for private and secure electronic communications, especially for human rights defenders and journalists. [read post]
1 Apr 2015, 5:57 am by John Jascob
[This story previously appeared in Securities Regulation Daily.]By Matthew Garza, J.D.A shareholder proposal, which requests that the management of Caterpillar Inc. review its policies related to human rights to assess areas in which the company may need to adopt and implement additional policies, and report its findings, may not be excluded from the company's proxy materials under Rule 14a-8(i)(10). [read post]
20 Jul 2012, 8:15 pm by Cynthia Marcotte Stamer
Unlike insured health plans, self-insured health plans generally are exempted from the obligation to comply with mandated benefits requirements of state insurance laws pursuant to the preemption provisions of the Employee Retirement Income Security Act (ERISA). [read post]
14 Nov 2006, 4:54 am
Adding fuel to the fire, the National Securities Markets Improvement Act of 1996 essentially told the states that their non-uniformity would be punished by federal preemption; the 1999 Gramm Leach Bliley Act evidenced the need to regulate the securities, insurance and banking industry altogether because of each industry's escalating cross-over activities into the others' territory; and globalization of the world economy came to prominence at the dawn of the… [read post]
17 Jan 2013, 4:12 pm by Cynthia Marcotte Stamer
Nationally recognized for her extensive work, publications and leadership on HIPAA and other privacy and data security concerns, Ms. [read post]