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5 Dec 2022, 11:25 am by Picl Guest Blogger
It also means that Lucas was able to strip a great deal of wealth out of the company before its stock price declined since he was not paid in the form of stock. [read post]
2 Dec 2022, 12:03 pm by Unknown
Because the SEC has not submitted a single record since the initial request in June 2022, the plaintiff claims the Freedom of Information Act (FOIA) has been violated and demands the SEC: (1) conduct a reasonable search for all non-exempt records; (2) be enjoined from continuing to withhold non-exempt records; (3) be provided a reasonable deadline to comply with the records request; and (4) award the plaintiff reasonable attorneys’ fees and costs (Virtu Financial, Inc. v. [read post]
2 Dec 2022, 6:30 am
Kidd, Morrison & Foerster LLP, on Tuesday, November 29, 2022 Tags: Corporate governance, DOJ, Insider trading, Rule 10b-5-1, SEC, SEC enforcement The Attack on Share Buybacks Posted by Harry DeAngelo (University of Southern California), on Tuesday, November 29, 2022 Tags: Cash flows, Congressional investigations, Share Buybacks, Shareholders, Stock performance, Taxation Understanding the Role of ESG and Stakeholder Governance Within the Framework of Fiduciary Duties Posted by… [read post]
2 Dec 2022, 6:30 am
Kidd, Morrison & Foerster LLP, on Tuesday, November 29, 2022 Tags: Corporate governance, DOJ, Insider trading, Rule 10b-5-1, SEC, SEC enforcement The Attack on Share Buybacks Posted by Harry DeAngelo (University of Southern California), on Tuesday, November 29, 2022 Tags: Cash flows, Congressional investigations, Share Buybacks, Shareholders, Stock performance, Taxation Understanding the Role of ESG and Stakeholder Governance Within the Framework of Fiduciary Duties Posted by… [read post]
1 Dec 2022, 1:58 pm by Kevin LaCroix
Class V stock was a publicly traded “tracking stock” that tracked the performance of VMware, Inc. [read post]
30 Nov 2022, 8:26 am by Unknown
The district court's dismissal of the plaintiff's claims was accordingly affirmed (Boykin v. [read post]
28 Nov 2022, 8:26 am by James Kwong
Even Elton Musk’s own company Tesla was not off the hook:-While the above posts could be considered to be more on the satirical side, there are instances where Twitter Blue has caused damage to brand owners such as Eli Lilly and Lockheed Martin Corp, with significant drop in stock value after posts from fake Twitter Blue verified accounts:-Potential actions? [read post]
24 Nov 2022, 9:07 am by Russell Knight
The value of a publicly listed company can be determined at any given moment based on the traded price of the stock. [read post]
21 Nov 2022, 2:28 pm by centerforartlaw
By Atreya Mathur Credit: DALL·E 2; text prompts (left to right): painting of a robot holding justice scales; painting of a robot-artist painting flowers; painting of a robot reading a law bookWhat does it take to be an artist in the 21st century? [read post]