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5 Aug 2021, 9:40 am
The company does make a general observation about the direction of litigation that is worthy of note: any time something bad happens to a public company, a class action is filed against the company for a securities law misstatement harming stockholders. [read post]
4 Aug 2021, 2:30 pm
The complaint alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
4 Aug 2021, 9:07 am
Once this is agreed upon, the defendant gives the qualified assignee money to buy the plaintiff an annuity.The representative purchases an annuity from an insurance company and sets it up.The insurance company then pays the plaintiff the agreed amount in a stretched period as agreed in the compensation settlement contract. [read post]
4 Aug 2021, 8:54 am
Judgement was handed down for the defendants. [read post]
3 Aug 2021, 6:59 pm
In addition to making restitution, the company will have a court-appointed corporate monitor at company expense monitor it’s compliance while serving its probation. [read post]
3 Aug 2021, 2:46 pm
The Relevant Policy Language The primary policy defines the term “Securities Claim” to mean “any Claim, other than a civil, criminal, administrative or regulatory investigation of a Company, which, in whole or in part, is: brought by one or more securities holders of the Company, in their capacities as such, including derivative actions brought by one or more shareholders to enforce a right of the Company. [read post]
3 Aug 2021, 2:06 pm
Losing your IoT account can render your whole home uninhabitable, freezing the door locks while bricking your thermostat, burglar alarm and security cameras. [read post]
2 Aug 2021, 1:16 pm
This is the largest fine that has ever been issued, although regulators are allowed to issue fines up to four percent of a company’s revenue. [read post]
2 Aug 2021, 8:22 am
News of the SolarWinds hack emerged with reports the incident had triggered an emergency Saturday meeting at the National Security Council. [read post]
2 Aug 2021, 6:02 am
Companies studied that adopted a zero trust security approach were better positioned to deal with data breaches. [read post]
1 Aug 2021, 7:26 am
By my count, of the 18 SPAC-related securities class action lawsuits that have been filed so far this year, nine arose after the defendant company was the subject of a short-seller report. [read post]
30 Jul 2021, 3:47 pm
The advocacy groups seek to intervene as defendants with a direct interest in defending the final rule. [read post]
30 Jul 2021, 1:07 pm
Defendant: Yes. [read post]
30 Jul 2021, 1:00 pm
Indeed, the SEC has charged companies for violating this rule even when the company did not otherwise violate the securities laws. [read post]
30 Jul 2021, 10:15 am
The e-sports industry is not prepared to defend itself against these threats. [read post]
30 Jul 2021, 9:10 am
Recovering Damages From Personal Injury Caused by Negligent Security Depending on the situation, there are various parties that may be held liable for security negligence, some of which are the property owner, the security company, the property management company, and the state or municipal government. [read post]
30 Jul 2021, 4:00 am
Justice Department Declines to Defend Rep. [read post]
29 Jul 2021, 2:05 pm
Milton has also been named as a defendant by the SEC in a separate civil enforcement action accusing Milton of securities fraud. [read post]
29 Jul 2021, 7:32 am
One defendant, Tu Lan, is a prosecutor for the Hunyang People’s Procuratorate. [read post]
29 Jul 2021, 6:27 am
Willing to serve as an advocate – You do not want to do is hire a lawyer who has a practice that defends drivers who have failed to obey Missouri laws. [read post]
