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20 Apr 2023, 9:05 pm by renholding
Such knowledge that has not been publicly disclosed is highly valuable price-sensitive information that may be exploited by the issuer’s management and other insiders for financial benefit.[9] In its key phases, a buyback program involves material non-public information, including (a) the size, form, duration, and impact on the issuer’s financial position of the buyback program, (b) the transaction prices and the rate of reduction in the issuer’s capital;… [read post]
19 Apr 2023, 12:42 pm by Josh Blackman
S. ___, ___–___ (2018) (GORSUCH, J., concurring in part and concurring in judgment) (slip op., at 4–5); Nestlé USA, Inc. v. [read post]
12 Mar 2023, 9:01 pm by News Desk
U-Can Food Trading Inc.Los Angeles, CA A food firm in California is on notice from the FDA for serious violations of the seafood Hazard Analysis and Critical Control Point (HACCP) regulation In a Jan. 23 warning letter, the FDA described a Nov. 30, 2022, inspection of U-Can Food Trading Inc. [read post]
6 Mar 2023, 9:59 am by Josh Blackman
Americans United for Separation of Church and State, Inc., 454 U. [read post]
23 Feb 2023, 2:56 pm by Holman
As noted above, Chisum’s authoritative treatise on U. [read post]
13 Feb 2023, 4:55 am by Franklin C. McRoberts
“Failing to pay tax liabilities is corporate mismanagement,” ruled the Court in Fernandes v Matrix Model Staffing, Inc. (2022 NY Slip Op 31317(U) [Sup Ct, NY County 2022]), “which defeats a petitioner’s reasonable expectations sufficient to constitute oppression” under Section 1104-a of the Business Corporation Law (the “BCL”). [read post]
12 Feb 2023, 9:01 pm by News Desk
In a June 1, 2022, warning letter, the FDA described a Feb. 14-16, 2022, Foreign Supplier Verification Program (FSVP) inspection of S&S Quality Wholesale Inc. in El Cajon, CA. [read post]
7 Feb 2023, 12:00 pm by Bernard Bell
This post explores the Third Circuit’s decision, Sanofi Adventis v. [read post]
3 Feb 2023, 9:30 pm by Public Employment Law Press
[FN1] It is well settled that, "[u]nder FOIL, agency records are presumptively available for public inspection" (Matter of Empire Ch. of Associated Bldrs. and Contractors, Inc. v New York State Dept. of Transportation, ___ AD3d ___, ___, 2022 NY Slip Op 06852, *1 [3d Dept 2022] [internal quotation marks and citations omitted]). [read post]