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22 Jul 2022, 3:39 am
The complaint alleges the company disseminated proxy statements that contained false and misleading statements, and that the director defendants breached their fiduciary duties, and the proposed internalization transaction will unjustly enrich certain directors and officers of the company. [read post]
28 Nov 2018, 12:37 pm
In fact, securities offering cases made up the plurality of SEC actions, accounting for approximately 20% of the SEC’s 409 stand-alone actions. [read post]
8 Sep 2008, 11:00 am
LaCroix, Esq. will identify the causes of action, plaintiffs and defendants. [read post]
31 Jul 2019, 3:00 am
The trucking company, however, had initially denied that fact. [read post]
28 Dec 2013, 9:30 am
Section 240.10b-5-securities fraud, is 20 years in prison and a fine of $5 million, plus restitution. [read post]
20 Apr 2010, 5:16 am
But it is possible that in the foreseeable future we will also be witnessing the creation of a new form of securities—legal claims-backed securities. [read post]
5 Feb 2010, 6:04 am
As business lawyers, our first instinct often is to deal with the tasks immediately at hand for clients across a broad range of needs and disciplines – such as protecting a challenge to a client’s intellectual property, defending a mass tort or securities class action lawsuit, implementing a needed capital raise in the most efficient and effective manner, defending or pursuing an unsolicited takeover, just to name a few. [read post]
29 Jun 2007, 10:04 am
" Securities Litigation The lawmakers expressed widely divergent opinions on securities class-action lawsuits. [read post]
12 Nov 2018, 6:30 am
The CFTC sued a virtual currency company and several affiliated companies and individuals alleging fraud and misappropriation in the sale of the virtual currency “My Big Coin. [read post]
1 Nov 2015, 5:44 pm
To be sure, some complaints name individuals as defendants, but the settlement with the individuals typically will be restricted to “the limits on their company-paid insurance. [read post]
12 Feb 2013, 6:50 am
(magistrate judge) This “garden variety false advertising and patent infringement case” is of interest because of Aviva’s nearly 4-year battle to secure defendant Manley’s compliance with American rules. [read post]
29 Jun 2019, 5:54 am
” Cat & Cloud also filed a motion to consolidate their case with numerous other opposition and cancellations initiated by Caterpillar; the Interlocutory Attorney replied, denying the motion, [T]he plaintiff’s claims against one defendant have little to no bearing on the claims plaintiff may have against another defendant – each defendant will rely on facts and evidence unique to that defendant. [read post]
27 Apr 2021, 8:28 am
Securities and Exchange Commission (SEC) prosecutors. [read post]
28 Jun 2022, 7:01 am
Therefore, they argue, controlling such technology is critical to defending and promoting the national interest. [read post]
24 Nov 2015, 8:59 am
The FTC’s case was built around information provided to it by a company affiliated with Tiversa, a business involved in finding security vulnerabilities in companies’ computer networks and then selling remediation services to the companies to prevent similar infiltrations. [read post]
14 Nov 2011, 12:38 am
The complaint alleges that the defendants’ misrepresented the holding company’s financial condition throughout the class period in violation of the Sections 10 and 20 of the Securities Exchange Act of 1934. [read post]
2 Aug 2010, 6:34 am
The defendants Moody’s Corp., Moody’s Investors Service, Inc., The McGraw-Hill Companies, Inc., and Fitch, Inc., Fitch Group, Inc., and Fitch Ratings, Ltd. [read post]
11 Feb 2021, 10:12 am
Why aren’t these companies suing Trump? [read post]
12 Sep 2022, 9:01 pm
Settling defendants include the company and two former executives: Richard Costolo – Chief Executive Officer of Twitter from August 2009 to July 2015 Anthony Noto – Chief Financial Officer of Twitter from July 2014 to August 2017 According to ISS Securities Class Action Services, this will become the 19th largest U.S. shareholder class action settlement of all-time, surpassing the 2010 settlement with HealthSouth Corp. valued at $804,500,000. [read post]
7 Aug 2015, 11:14 am
My guess is that ISIS will be the first to guide its people to the most secure platforms. [read post]
