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7 Jan 2022, 6:51 am
The Cyberspace Administration of China (CAC) cracked down on data privacy violations, disrupting Didi’s planned initial public offering (IPO) in New York for failing to comply with a cybersecurity review for sensitive data. [read post]
3 Jan 2022, 12:39 pm
For example, nine of the 31 SPAC-related securities suits filed during 2021 (21%) involved companies in the electric vehicle industry. 14 of the 31 SPAC-related lawsuits (45%) involved companies that had experienced stock price drops following the publication of short-seller reports. [read post]
3 Jan 2022, 12:58 am
In Gentile v Rossette, decided in 2006 only two years after Tooley, the Delaware Supreme Court carved out a narrow exception to the Tooley test for what came to known as the dual-natured claim, described by the court as “a species of corporate overpayment claim” that was “both derivative and direct in character,” where a controlling stockholder causes the corporation to issue excessive shares of its stock in exchange for assets of the controlling… [read post]
1 Jan 2022, 12:23 pm
Today things are different in New York. [read post]
30 Dec 2021, 1:36 am
The company listed its shares on the New York Stock Exchange on October 5, 2021 under the ticker CION after a 2-to-1 reverse stock split on Sept. 21. [read post]
29 Dec 2021, 5:35 am
The Securities and Exchange Commission today charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two schemes in an…Read the Full Press ReleaseHave a securities law question? [read post]
23 Dec 2021, 1:02 pm
On December 22, 2021, a plaintiff shareholder filed a securities class action lawsuit in the Eastern District of New York against the company and certain of its directors and officers. [read post]
17 Dec 2021, 11:17 am
And they’re set up technologically differently than traditional stock exchanges. [read post]
17 Dec 2021, 11:17 am
And they’re set up technologically differently than traditional stock exchanges. [read post]
16 Dec 2021, 1:50 am
New York New York was one of the rare states to raise taxes in 2021, citing revenue concerns. [read post]
10 Dec 2021, 12:05 pm
Call New York Securities Lawyers at 212-509-6544.Visit The Securities Law Home Page - news and tips from securities regulators and top securities attorneys [read post]
7 Dec 2021, 12:50 pm
In July, the e-discovery company DISCO became one of just a handful of legal technology companies ever to go public, listing on the New York Stock Exchange. [read post]
7 Dec 2021, 12:50 pm
In July, the e-discovery company DISCO became one of just a handful of legal technology companies ever to go public, listing on the New York Stock Exchange. [read post]
7 Dec 2021, 12:02 pm
In July, the e-discovery company DISCO became one of just a handful of legal technology companies ever to go public, listing on the New York Stock Exchange. [read post]
3 Dec 2021, 9:49 am
” The company’s ticker symbol on the New York Stock Exchange will remain “SQ” for now, it said, though its legal name will change from “Square, Inc. [read post]
3 Dec 2021, 9:49 am
” The company’s ticker symbol on the New York Stock Exchange will remain “SQ” for now, it said, though its legal name will change from “Square, Inc. [read post]
3 Dec 2021, 3:00 am
Transcripts from the New York attorney general’s office showed the cable television host was far more involved in the ex-governor’s crisis-management efforts than the younger Cuomo had previously acknowledged. [read post]
2 Dec 2021, 9:45 am
Call New York Securities Lawyers at 212-509-6544.Visit The Securities Law Home Page - news and tips from securities regulators and top securities attorneys [read post]
1 Dec 2021, 11:53 am
” Reports also emerged on Nov. 26 that the Cyberspace Administration of China, China’s central internet regulator, asked top executives at the ride-hailing giant Didi Chuxing to propose a plan for delisting the company from the New York Stock Exchange over data security concerns. [read post]
1 Dec 2021, 11:39 am
The European Union’s executive arm, the European Commission, proposed on Wednesday that member states bordering Belarus should be allowed to suspend some protections for asylum seekers, reports the New York Times. [read post]
