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6 May 2024, 9:05 pm
In contrast, more than 90 percent of defendants facing securities class action lawsuits disclose the litigation. [read post]
1 Dec 2016, 5:22 pm
The plaintiffs also alleged that the defendants wasted corporate assets and that the defendants violated Section 14(a) of the Securities Exchange Act in their 2014 and 2015 proxy filings. [read post]
14 Aug 2012, 5:00 am
The SEC alleged that the defendants committed securities fraud, books and record-keeping violations, and aided and abetted their former company’s securities law violations. [read post]
25 Jun 2010, 8:00 am
"Likewise, a company that allows consumers to designate their information as private must use reasonable security to uphold such designations. [read post]
14 Aug 2019, 5:18 pm
The defendants include the company, its executives, and underwriters of the IPO. [read post]
5 Mar 2014, 9:42 am
The settlement requires AvMed to implement increased security measures, such as mandatory security awareness training and encryption protocols on company laptops. [read post]
19 Oct 2022, 5:16 am
At the time of the CSO’s actions, there was no generally applicable statute requiring companies to disclose data security incidents to the federal government. [read post]
31 May 2024, 11:27 am
Defendants also agreed that the court will determine whether they will be required to pay disgorgement, prejudgment interest, and civil penalties and, if so, in what amounts. [read post]
7 Dec 2018, 5:00 am
Security Coordinator (USSC) in charge of the endangered Israeli-Palestinian security cooperation program, to Capitol Hill in order to push for a legislative fix that will allow that program to continue. [read post]
30 Nov 2011, 5:00 am
In the new decision, National Security Fire & Casualty Company v. [read post]
25 Oct 2019, 6:56 am
The SEC’s complaint charges defendants with violating the antifraud provisions of the federal securities laws and seeks injunctive relief, disgorgement, and civil penalties. [read post]
6 Oct 2016, 10:54 am
The injured plaintiff also sued the restaurant, the security guard, and the company for which he worked. [read post]
6 Oct 2016, 10:54 am
The injured plaintiff also sued the restaurant, the security guard, and the company for which he worked. [read post]
26 Nov 2018, 3:30 am
Or, you can do nothing, clutch your pearls, maybe suffer a big data breach, and defend a class action lawsuit. [read post]
21 Oct 2013, 6:43 am
For example, a securities reform statute provides for a stay of discovery when the defendant files a motion to dismiss a securities class action, but, importantly, the statute also imposes upon the defendant an attendant obligation to preserve discoverable information during the time discovery is stayed—which can be a lengthy period, especially if there is an interlocutory appeal.[1] Inside counsel will also want to have discussions with outside counsel… [read post]
21 Oct 2013, 6:43 am
For example, a securities reform statute provides for a stay of discovery when the defendant files a motion to dismiss a securities class action, but, importantly, the statute also imposes upon the defendant an attendant obligation to preserve discoverable information during the time discovery is stayed—which can be a lengthy period, especially if there is an interlocutory appeal.[1] Inside counsel will also want to have discussions with outside counsel… [read post]
4 Jan 2011, 1:02 am
The individual defendants had served as directors both of the holding company and of the operating bank. [read post]
3 Mar 2015, 7:18 am
[This story previously appeared in Securities Regulation Daily.]By Joanne Cursinella, J.D.Only a biological person can be an expert witness in Delaware under its Rules of Evidence, so the defendants in a shareholder litigation could not designate a corporation as their expert witness on the subject of a company’s value at the time of the transaction in question (In re Dole Food Co. [read post]
5 Aug 2007, 11:16 am
To aid class action defense attorneys in defending against securities class action lawsuits, we provide the text of the Private Securities Litigation Reform Act of 1995 (PSLRA). [read post]
27 Jun 2021, 6:50 am
The Smilovits action complaint named as defendants the company itself and certain of its directors and officers. [read post]
