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27 Jan 2022, 9:03 pm by Katelynn Catalano
Halbhuber argued that the SEC should regulate holdings in a SPAC merger like it would the purchase of stock in the target company. [read post]
26 Jan 2022, 3:35 pm by INFORRM
Riley v Murray, then, sits uncomfortably with the Court of Appeal’s decision in Miller v College of Policing [2021] EWCA Civ 1926,  which was handed down on the same day. [read post]
26 Jan 2022, 3:30 am by John Jenkins
Here’s the intro to Cleary’s memo on the decision: On January 14, 2022, the United States District Court for the Northern District of California issued a decision in SEC v. [read post]
25 Jan 2022, 5:32 am
DocName=075000050HPt%2E+V&ActID=2086&ChapterID=59&SeqStart=6200000&SeqEnd=8675000  https://www.naspp.com/Blog/February-2016/Dividing-Stock-Compensation-in-DivorceRead More [read post]
24 Jan 2022, 2:27 am
Matthew Connolly and Gavin Campbell Black, Defendants-Appellants-Cross-Appellees (United States Court of Appeals for the Second Circuit, 19-CR-3806 / January 27, 2022)New York Stock Promoter Sentenced to Prison for “Pump and Dump” Securities Fraud Scheme (DOJ Release)... [read post]
24 Jan 2022, 12:23 am by Jan von Hein
Supreme Court has answered various questions regarding the applicability and scope of § 1782(a) in its Intel Corp. v. [read post]
21 Jan 2022, 3:00 am by Jim Sedor
Abigail Spanberger first put forth legislation that would ban members of Congress from trading stock, a flurry of action in the Senate has injected some momentum into the proposal. [read post]
18 Jan 2022, 1:55 pm by Kevin LaCroix
Solid-state batteries are thought to be safer than lithium-ion batteries. [read post]
13 Jan 2022, 11:05 am by Kevin LaCroix
[iii] Notably, under Delaware law and the law of other states, directors may have personal [indemnifiable] liability for an unlawful share repurchase. [read post]
4 Jan 2022, 8:12 am by John Jascob
A stock price drop followed, and this suit was filed soon after, seeking recovery under the antifraud provisions of the Exchange Act. [read post]
3 Jan 2022, 12:39 pm by Kevin LaCroix
For example, nine of the 31 SPAC-related securities suits filed during 2021 (21%) involved companies in the electric vehicle industry. 14 of the 31 SPAC-related lawsuits (45%) involved companies that had experienced stock price drops following the publication of short-seller reports. [read post]
3 Jan 2022, 12:58 am by Peter Mahler
As stated by the Appellate Division, First Department in Yudell v Gilbert, borrowing from the Delaware Supreme Court’s Tooley formulation, the determination depends on “(1) who suffered the alleged harm (the corporation or the stockholders); and (2) who would receive the benefit of any recovery or other remedy (the corporation or the stockholders individually). [read post]