Search for: "DEFENDER SECURITY COMPANY"
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9 Feb 2016, 4:25 pm
Public company D&O insurance provides coverage for “Securities Claims. [read post]
14 Apr 2016, 8:20 am
By Jay Levine In defending against a class action case where patient information was found online for months without being secured, the insurance company was found to have a duty to defend the defendant, who held an insurance policy that covered the publication of patient information. [read post]
24 May 2023, 2:59 pm
Even though the policy would directly cover the company, not the individual equity owners, the insurer would defend any suit that attempts to name passive investors as co-defendants. [read post]
25 Jun 2013, 8:53 am
It's not just rich countries who defend investor-state. [read post]
3 Jan 2016, 4:33 pm
The companies named as defendants in these lawsuits represented 99 different Standard Industrial Classification (SIC) code categories. [read post]
3 Jun 2022, 1:33 am
The parties to the securities suit later reached an agreement to settle the action in exchange for the defendants’ agreement to pay $3.3 million, consisting of $2.7 million in cash, and securities worth $600,000 at the time of issues. [read post]
15 Sep 2011, 11:07 am
prior victims, witnesses) that are motivated to talk to plaintiff’s attorneys to force defendants to finally take action to prevent the offending activity to occur in the future [read post]
21 Apr 2020, 2:04 pm
” While the company typically hires outside counsel with experience defending the potential claims, one area that is sometimes overlooked is whether the employees involved in the investigation need their own lawyers. [read post]
4 Sep 2009, 5:31 am
McLaughlin dismissed the the complaint filed in the In re Nutrisystem Securities Litigation, No. 07-4215 (E.D. [read post]
16 Jan 2023, 8:01 am
Engelmayer granted the defendants’ motions to dismiss. [read post]
8 Sep 2021, 6:54 am
” That last sentence is important and tells the defendants what they have to prove—essentially that they were not selling securities so did not have to comply with the registration and disclosure requirements of federal securities law. [read post]
2 Jan 2023, 1:17 pm
The corporate defendants in the cases were members of the IPO class of 2019 (1); 2020 (8); 2021 (22); and 2022 (1). [read post]
2 Dec 2016, 11:21 am
Lundberg, November 28, 2016).The defendants in the case were members or sponsors of four Kansas limited liability companies that owned real property and had “substantial operations” in Kansas. [read post]
22 May 2009, 2:34 am
Among other things, the complaint alleges that: (a) The Company's assets, including loans and mortgage-related securities were impaired to a greater extent than the Company had disclosed; (b) Defendants failed to properly record losses for impaired assets; (c) The Company's internal controls were inadequate to prevent the Company from improperly reporting its impaired assets; and (d) The Company's capital base… [read post]
27 Mar 2013, 1:12 am
-Listed Chinese Company Settles: In 2010 and 2011, plaintiffs’ lawyers rushed to file securities suits in U.S. courts against Chinese companies with shares listed on the U.S. securities exchanges. [read post]
7 Jan 2011, 1:27 am
On November 15, 2007, the company issues an unscheduled "Trading Update" in which it disclosed the company’s exposure to U.S. subprime mortgages and mortgage backed securities. [read post]
12 Jan 2022, 11:39 am
The FTC announced last week that it has entered into a settlement with ITMedia Solutions LLC, a lead generation company, and a group of affiliated companies (collectively, ITMedia), and several individuals who served as officers of ITMedia, to resolve a complaint filed by the FTC in a California federal district court alleging that the defendants’ conduct violated the FTC Act and FCRA. [read post]
30 Jul 2013, 1:45 am
The authors found that independent directors that are named as securities suits defendants are more likely to lave the board of the sued company within two years of the lawsuit than other directors in the same firm. [read post]
23 Jun 2021, 3:15 am
” In addition, defendant companies in event-driven securities cases are larger on average ($29.6 billion in total assets), compared to regular securities class actions on average ($8 billion in total assets). [read post]
2 Jan 2022, 7:24 am
The Companies That Were Targeted: The 2021 securities suits were filed against a wide variety of kinds of companies. [read post]
