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Tax season is upon us, and that means one thing for the FTC—another flurry of activity in its ongoing action against Intuit, Inc., one of the largest online tax-filing services. [read post]
14 Feb 2023, 9:05 pm by renholding
Thus, peer insiders exploit their information advantage over other market participants before the market learns about target firms’ news. [read post]
14 Feb 2023, 10:58 am by Dennis Crouch
  The problem though is that VMWare’s accused product was on the market more than one-year before Zeidman’s application priority filing date. [read post]
14 Feb 2023, 9:52 am by Kevin LaCroix
However, Judge Chen refused to hold on summary judgment that Musk’s tweets affected Tesla’s share prices, leaving the jury to decide whether the tweets were material to the market and caused investors’ economic losses. [read post]
13 Feb 2023, 7:28 am by Unknown
First, she said the definition of holder of record, which the JOBS Act increased, may obscure the true number of shareholders in private funds because a single intermediary can hold shares for many investors.Thornton also explained that in private markets, there often is not much disclosure by companies to investors, information that is available may be untimely, and financials are not always subject to independent audits. [read post]
13 Feb 2023, 5:59 am by Kevin LaCroix
As noted above, Mathur did not hold any formal position with P3, but the court found that he nonetheless was an “acting manager. [read post]
Flo Rida, whose real name is Tramar Dillard, and his production company, Strong Arm Productions brought suit against Celsius Holdings Inc. [read post]
10 Feb 2023, 6:12 am by Unknown
A rewrite of Section 11 has no support at law and is even more inappropriate when the matter could be addressed by market practice, administrative action, or legislation, they said.Cato Institute brief. [read post]
8 Feb 2023, 10:11 am by Kevin LaCroix
Background National Vision Holdings, Inc. is an optical retailer that provides eye exams, eyeglasses, and contact lenses. [read post]
7 Feb 2023, 8:24 pm by Sabrina I. Pacifici
– Tuesday, February 7, 2023 – FiscalNote Holdings, Inc. [read post]
6 Feb 2023, 12:56 pm by The White Law Group
GWG Holdings Inc., which sold $1.6 billion in bonds backed by life settlements filed for Chapter 11 bankruptcy protection last April. [read post]
5 Feb 2023, 3:10 pm by Rob Robinson
District Court for the Southern District of Iowa (“Aérospatiale”), the Supreme Court addressed blocking statutes, holding that they “do not deprive an American court of the power to order a party subject to its jurisdiction to produce evidence even though the act of production may violate that statute,” and laid out a balancing test for courts to use in determining whether to order cross-border discovery.[3] (The factors in this balancing test are also… [read post]
4 Feb 2023, 11:02 am by Bill Marler
“The Department is committed to holding accountable those who fail to meet this obligation. [read post]
2 Feb 2023, 12:32 am by D. Daxton White
  The Problem with Alternative Investments and FINRA Rule 12206  Unlike a stock or mutual fund that is sold on an exchange, there is no market for private placements. [read post]
1 Feb 2023, 9:05 pm by renholding
 Technology will continue to revolutionize the market for products and threaten existing business models, which may create opportunities for M&A and other corporate transactions. [read post]
1 Feb 2023, 9:01 pm by renholding
First, investors are simply not protected in the same ways in the private markets as they are in the public markets. [read post]