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6 May 2020, 9:12 am
Northern Security Insurance Company, Inc., 167 N.H. 544 (N.H. 2015) (holding that physical loss includes “not only tangible changes to the property that can be seen or touched”, but also “changes that are perceived by the sense of smell and that exist in the absence of structural damage); Motorists Mutual Ins. [read post]
5 May 2020, 2:47 pm
” The audit committee met only when required to do so by federal securities laws and their “abbreviated meetings suggest that they devoted patently inadequate time to their work. [read post]
5 May 2020, 3:32 am
The loan was secured by a first mortgage on both vessels and by a deed of assignment that included an assignment on the insurances on the vessels. [read post]
5 May 2020, 3:00 am
The blog goes on to provide some insights about how companies can best position themselves to defend both securities class action lawsuits & shareholder derivative actions based on disclosures and alleged governance lapses associated with the Covid-19 crisis. [read post]
4 May 2020, 2:32 pm
A representative of the insurance company will also be in attendance with their lawyer. [read post]
4 May 2020, 3:00 am
” “Funding Secured”: Tesla Can’t Shake Lawsuit Over Last Batch of Musk’s Tweets I know some of you may be scratching your heads about the Tesla board’s willingness to sign-off on the company’s – ahem – “unorthodox” D&O liability protection arrangements. [read post]
3 May 2020, 12:08 pm
The plaintiff is effectively alleging that this requirement is part of the defendants’ fiduciary duties. [read post]
1 May 2020, 6:46 pm
SCWorx shareholder Daniel Yannes filed a securities class action complaint against the company and its CEO and interim CFO Marc S. [read post]
1 May 2020, 12:14 pm
The securities fraud prosecutions resulted in the main defendant, the former CEO of a publicly traded company, being sentenced to 10 years in jail, and it is one of the first successful prosecutions for securities fraud alleging violations of the Sarbanes-Oxley Act. [read post]
1 May 2020, 11:29 am
The case is Defender Security Company, dba Defender Direct v. [read post]
1 May 2020, 9:18 am
What to Do if Your Credit Card Company Sues You Do NOT ignore it! [read post]
1 May 2020, 9:08 am
In each case, the defendants allegedly lied about their inventory of N95 respiratory masks to defraud customers and investors. [read post]
1 May 2020, 3:05 am
The Audit Committee only met when spurred by the requirements of the federal securities laws. [read post]
30 Apr 2020, 10:46 pm
The coalition defending the .ORG domain was as diverse as .ORG registrants themselves, encompassing all areas of public interest: aid organizations, corporate watchdogs, museums, clubs, theater companies, religious organizations, and much, much more. [read post]
30 Apr 2020, 4:19 pm
The US government informed the company that the information contained in the report was “classified” and cannot be publicly released due to its failure to comply with Government’s pre-approved framework for reporting data about government requests in national security investigations. [read post]
30 Apr 2020, 2:27 pm
In what is the fifth coronavirus outbreak-related securities class action lawsuit to date, a plaintiff shareholder has filed a securities class action lawsuit against a healthcare information software services company. [read post]
30 Apr 2020, 8:43 am
WeRide secured a preliminary injunction from the Court, directing AllRide not to use or disclose WeRide’s confidential information and trade secrets, and specifically directing defendants not to destroy evidence. [read post]
29 Apr 2020, 6:17 pm
The three court complaint asserts that the defendants violated federal securities laws and the plaintiff seeks class certification, compensatory damages against all defendants, jointly and severally for all damages in an amount to be determined at trial, an award of rescission or a rescissory measure of damages, to the extent available, and payment of reasonable costs and expenses. [read post]
29 Apr 2020, 2:56 pm
The complaint alleges that the defendants’ actions violated Section 10(b) of the Securities and Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
29 Apr 2020, 2:53 pm
To address that gap and for other reasons, the parent company opened 124 Target Canada stores, and developed the supply chain and infrastructure to support them. [read post]
