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2 Apr 2018, 4:03 pm by Kevin LaCroix
In the following guest post, David Fontaine, CEO of Kroll, Inc. and its parent, Corporate Risk Holdings, and John Reed Stark, President of John Reed Stark Consulting and former Chief of the SEC’s Office of Internet Enforcement, take a look at the SEC’s guidance, with a particular focus on what the agency’s statement has to say about the duties of corporate directors. [read post]
22 Mar 2018, 8:04 pm by David B. Kopel
Worse, the biggest of the gun control groups, Handgun Control, Inc. [read post]
Background “Marcus” sued his employer, Kent Security of New York, Inc., for untimely payment of wages. [read post]
Background “Marcus” sued his employer, Kent Security of New York, Inc., for untimely payment of wages. [read post]
23 Feb 2018, 10:03 am by Amy Howe
Perez (Tuesday, April 24) Animal Science Products, Inc. v. [read post]
1 Feb 2018, 5:55 pm by Kevin LaCroix
Historically, the greatest threats to companies in the securities litigation context have been financial restatements and “missed quarter” cases. [read post]
10 Jan 2018, 2:17 pm by John Elwood
Animal Science Products, Inc. v. [read post]
2 Jan 2018, 5:08 pm by Kevin LaCroix
For example, in February 2017, the New York Appellate Division, First Department, applying New York law, reversed a lower court’s rejection of the disclosure-only settlement of a suit that had been filed in connection with Verizon’s proposed acquisition of Vodafone subsidiaries holding ownership interests in Verizon Wireless, as discussed here. [read post]
26 Dec 2017, 7:08 pm by Ben Vernia
In addition to the judgment against Allied, the Department secured a settlement with PHH Mortgage for $65 million and Financial Freedom for $89 million. [read post]
24 Dec 2017, 6:54 pm by Omar Ha-Redeye
This decision relied substantially on its previous holding in Peoples Department Stores Inc. [read post]
21 Dec 2017, 9:22 pm by Dan Flynn
When the Walt Disney Co., which owns ABC, later reported financial information to the Securities and Exchange Commission (SEC). [read post]
12 Dec 2017, 4:36 pm by Kevin LaCroix
The company, Munched, Inc. halted its ICO after being contacted by the SEC, and agreed to an order in which the Commission found that its conduct constituted unregistered securities offers and sales. [read post]
6 Dec 2017, 1:19 pm by ligitsec
On appeal, the Second Circuit reversed the lower court’s finding of infringement, holding that The Nation’s act was sanctioned as a “fair use” of the copyrighted material. [read post]
28 Nov 2017, 11:46 am by Eugene Volokh
But American civil litigation is supposed to be a publicly open process, and there is no exception to that for libel cases. [read post]
21 Nov 2017, 11:23 am by Theresa Gabaldon
Thar she blows In 2010, Congress was all about reforesting the new wasteland of American finance created by the 2008 financial crisis; the result was the Dodd-Frank Wall Street Reform and Consumer Protection Act, which transformed the banking and financial-services industry. [read post]