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24 Jun 2008, 12:36 am
District Court for the Southern District has dismissed a securities fraud lawsuit filed by investor Nicholas Vale against ex-Merrill Lynch Internet Group head Henry Blodget on the grounds that Vale failed to factually show how the defendant's fraud caused his investment losses. [read post]
7 Jun 2023, 5:01 am
” Or as cyber defenders say now, we need security by design, baked in from the beginning, not bolted on later. [read post]
23 Jan 2015, 8:17 am
Plaintiffs alleged the company spent significant sums on data security before the attack and made significant efforts to fix the security issues after the attack. [read post]
15 Aug 2011, 8:54 am
Today, the Federal Securities Law Blog takes a look back at the last 30 days in the world of securities-related litigation in a new regular feature, which will appear on approximately the 15th of each month.DC Circuit Strikes Down SEC Proxy Rule. [read post]
12 Mar 2020, 1:00 pm
In addition, according to the complaint, the defendants created websites with false information about the company meant to induce consumers to contact the companies about their “missed delivery. [read post]
6 Jan 2010, 12:47 pm
Marion, the receiver of Bentley’s companies in Paoli, Pennsylvania, says the Ponzi scam would have fallen apart much sooner without the defendants’ help. [read post]
7 Jul 2021, 3:11 pm
The complaint alleges that the defendants violated Sections 11, 12(a)(2), and 15 of the Securities Act of 1933. [read post]
9 May 2008, 8:35 am
Investors will be able to make comparisons of companies operating in different jurisdictions more easily. [read post]
7 Dec 2020, 9:33 am
From cruise lines to molecular diagnostics companies, we have reported at length about the new D&O liabilities companies will face as the novel coronavirus results in a surge of “event-driven” claims alleging that companies and their directors and officers and other executives and employees breached their duties to the company or violated securities laws in the context of COVID-19 exposure. [read post]
23 Apr 2019, 12:49 pm
According to an article on thediwire.com, the complaint alleges that “the company disseminated proxy statements that contained false and misleading statements, that the director defendants breached their fiduciary duties, and the proposed internalization transaction will unjustly enrich certain directors and officers of the company. [read post]
18 Jul 2018, 4:28 pm
” The Lawsuit On July 17, 2018, a National Beverage shareholder filed a securities class action lawsuit in the Southern District of Florida against the company, Caporella, and George Bracken, the company’s Executive Vice President for Finance. [read post]
7 Nov 2020, 8:33 am
Certainly credit goes to CISA’s impressive work in defending and securing election infrastructure more broadly and to U.S. [read post]
22 Aug 2022, 5:56 am
Particularly in the Bajo Aguán Valley, where Guapinol is located, local communities found themselves under attack from both public security forces and private security officers employed by the companies. [read post]
15 Nov 2018, 8:30 am
Louis auto accident lawyer you can trust to defend you against getting taken advantage of, understand what these companies care about most, and what you need to watch out for as a result. [read post]
16 Aug 2019, 11:48 am
The defendants, led by Israeli company Yukom Communications Ltd. [read post]
29 Mar 2016, 5:50 pm
Similarly, in settlements in cases in which offering underwriters were named as additional defendants settled for 5.0% of estimated damages, compared to 2.7% in cases without offering underwriter defendants. [read post]
26 Dec 2011, 10:21 am
Neither defendant was held responsible. [read post]
30 Aug 2007, 9:33 am
Under the new measure, which was announced by the Department of Homeland Security earlier this month, companies that hire undocumented workers will be heavily fined and criminally prosecuted. [read post]
22 Nov 2022, 3:49 pm
Per the company’s recent 8-K SEC filing, the securities class action now appears to have been resolved with the company and the other named defendants including – CEO Kevin B. [read post]
1 Mar 2010, 2:39 pm
Reynolds Tobacco Company and Brown & Williamson Holding Company v. [read post]
