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7 Sep 2020, 2:06 pm
Among many other things, investors and activists are raising concerns about the lack of racial diversity on corporate boards. [read post]
6 Sep 2020, 6:04 pm
Mullen filed a qui tam complaint under seal in federal district court in New York on October 21, 2010, but no remedial action was taken against any employee for the misconduct identified in Mullen’s qui tam complaint, and appears not to have even been discussed by the board, the vice chancellor said. 4. [read post]
3 Sep 2020, 8:21 am
Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. [read post]
1 Sep 2020, 12:00 pm
Statewide, the state of New York’s most recent amendment to its data breach notification law, the “Stop Hacks and Improve Electronic Data Security Act”, and its corresponding data security requirements, went into effect despite it being the epicenter of the pandemic. [read post]
31 Aug 2020, 3:00 pm
-listed corporations and their insurers. [read post]
28 Aug 2020, 3:00 am
The tensions date back to April, when eight progressive groups wrote a letter calling on Joe Biden to vow not to appoint any “current or former Wall Street executives or corporate lobbyists, or people affiliated with the fossil fuel, health insurance or private prison corporations” to his transition team, Cabinet, or as top aides. [read post]
27 Aug 2020, 8:07 am
Once people were using Alipay to stash their cash and pay for online purchases, Ant could begin offering them other kinds of services through the app, including personal loans and insurance policies. [read post]
19 Aug 2020, 2:52 pm
It is important to note that that lawsuit recently survived the defendants’ motion to dismiss; however, as discussed here, on December 10, 2019, New York (New York County) Supreme Court Justice Barry Ostrager ruled in a lengthy and detailed post-trial opinion that the New York Attorney General (NYAG) had failed to establish in a separate action against ExxonMobil that the company had made material misrepresentations in its public… [read post]
17 Aug 2020, 7:44 pm
Overall, LII received significant numbers of referrals from news sources such as the New York Times, CNN, and Fox News. [read post]
17 Aug 2020, 4:50 pm
Indeed, an August 10, 2020 New York Times article (here) notes that “The lawsuit represents an extraordinary departure from the traditional disclose-it-and-move-on decorum that American corporate executives have often embraced when confronted with allegations of wrongdoing by senior executives. [read post]
17 Aug 2020, 4:36 am
But this shelter-at-home year we find ourselves living and working in profoundly different circumstances, so I’ll skip the usual pleasantries and get straight to the subject matter consisting of short summaries of five recent decisions of interest involving disputes between business co-owners, four by New York courts and one from Mississippi. [read post]
14 Aug 2020, 3:00 am
The Kamala Harris Pick: Geographic balance takes back seat to gender, race New York Times – Shane Goldmacher, Adam Nagourney, and Jennifer Medina | Published: 8/12/2020 Joe Biden’s selection of U.S. [read post]
12 Aug 2020, 8:59 am
In doing so it becomes the second state after New York to require certain operators of virtual currency businesses to obtain a virtual currency license in order to conduct business in the state. [read post]
11 Aug 2020, 9:55 pm
Income taxes (both corporate and individual) took much longer to recover and were impacted more severely than consumption taxes and taxes that fund social insurance programs.[6] By 2013, only consumption tax revenues had regained their previous level (albeit only for 2011). [read post]
10 Aug 2020, 2:24 am
Starting in 1964, Johns-Manville Corporation, the major manufacturer of asbestos-containing insulation, started warning. [read post]
7 Aug 2020, 7:47 pm
After much well curated public and private activity, the Open Ended Inter-Governmental Working Group on TNCs and Other Business Enterprises With Respect to Human Rights has released its Second Draft of a Legally Binding Instrument to Regulate, in International Human Rights Law, the Activities of Transnational Corporations and Other Business Enterprises. [read post]
7 Aug 2020, 3:00 am
At least ten current corporate lobbyists and one major former lobbyist – as well as three corporate consultants, four corporate lawyers, and five corporate executives – were among the members who voted against the proposal. [read post]
5 Aug 2020, 8:30 am
Businesses in states such as California, Pennsylvania and New York, should look to the “gold standard” state for incorporation, which is Delaware. [read post]
3 Aug 2020, 1:20 pm
Gerald Dewes’ FINRA BrokerCheck report states in the “Other Business Activities” section that he is an owner and investment adviser at Sunbridge Management in East Amherst, New York. [read post]
1 Aug 2020, 4:01 pm
In her latest New York Law Journal International Banking column, “Volcker Rule covered funds revisions finalized: Impact on non-US banks,” Kathleen A. [read post]