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7 Apr 2024, 9:05 pm by renholding
For many business economists and legal academics, the purpose of any business organization is simply stated: to maximize profits. [read post]
6 Apr 2024, 4:42 pm by Donald Clarke
It’s hard to see what the legal basis would be for (a) forbidding the sale, and (b) exercising jurisdiction over ByteDance CI in the first place. [read post]
6 Apr 2024, 8:07 am by Ediberto Roman
It is fair to worry that the company will do the same with its Gemini AI chatbot. [read post]
5 Apr 2024, 8:00 am
Sunshine Raisin Corporation, d/b/a National Raisin and Real Time Staffing Services, LLC, d/b/a Select Staffing, Case No. 1:21-cv-01424-JLT-HBK) in U.S. [read post]
5 Apr 2024, 6:44 am by Daniel M. Kowalski
The court decisions are likely to serve as blueprints for additional companies to litigate rather than feel pressured to pay settlements when civil rights enforcers accuse them of denying jobs to refugees or Homeland Security agents allege they’ve committed employment verification errors, multiple immigration attorneys said. [read post]
4 Apr 2024, 9:00 pm by Meredith Ervine
Yesterday, the SEC posted this notice & request for comment for a proposed NYSE rule change that would amend Section 102.06 of the NYSE Listed Company Manual to extend the period for which a SPAC can remain listed if it has signed a definitive agreement with respect to a Business Combination. [read post]
4 Apr 2024, 8:25 am by Matthew Dochnal
Actually exists and was legally formed in Delaware, and  B.) [read post]
3 Apr 2024, 9:05 pm by renholding
Dombalagian (who did not participate in In re Apple Securities Litigation), the John B. [read post]
3 Apr 2024, 9:03 pm by renholding
Since I gave that speech, a particularly pernicious weed has sprung up in the secret garden: Staff Accounting Bulletin (“SAB”) 121 and related guidance.[2] The Office of the Chief Accountant (“OCA”) prepared the SAB without the input of the full Commission, but, as with other SABs, staff follows SAB 121 in administering the disclosure requirements of the federal securities laws.[3] SAB 121 directs public companies that safeguard crypto assets for clients to put a… [read post]
3 Apr 2024, 9:01 pm by renholding
Whether you’re here in person or participating virtually from around the country, or even overseas, I thank you for joining us. [read post]
3 Apr 2024, 1:28 pm by Kevin LaCroix
The plaintiffs allege that the defendants violated Sections 11 and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
3 Apr 2024, 1:14 pm by Angela Alloju
Given his significant contributions to the company, the court found the reduced salary to be consideration for the RTP agreements and therefore not any testamentary gift, holding Section 2703(b)(2) satisfied. [read post]
3 Apr 2024, 10:04 am by Ben Jumonville and Mikha Romero
[1] National Small Business United, d/b/a the National Small Business Association v. [read post]