Search for: "Stocking v. Ives"
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4 Apr 2022, 1:48 pm
The complaint alleges that the defendants made false and materially misleading statements and/or failed to disclose that: “(i) the Company had performed inadequate due diligence into Legacy Embark; (ii) Legacy Embark and the Company following the Business Combination held no patents and an insignificant amount of test trucks; (iii) accordingly, the Company had overstated its operational and technical capabilities; (iv) as a result of all of the foregoing, the Company had… [read post]
28 Mar 2022, 7:30 am
The State's immunity waiver applies equally to its municipal subdivisions, including cities (see Valdez v City of New York, 18 NY3d 69, 75 [2011]; Florence v Goldberg, 44 NY2d 189, 195 [1978]). [read post]
28 Mar 2022, 7:30 am
The State's immunity waiver applies equally to its municipal subdivisions, including cities (see Valdez v City of New York, 18 NY3d 69, 75 [2011]; Florence v Goldberg, 44 NY2d 189, 195 [1978]). [read post]
22 Mar 2022, 3:08 am
Against this backdrop, the application of § 319b will be examined (V.). [read post]
2 Mar 2022, 8:08 am
(Superior) v. [read post]
17 Feb 2022, 12:43 pm
The complaint alleges that during in the proxy documents in connection with the merger and during the class period, the defendants made false and/or misleading statements and/or failed to disclose that: “(i) Butterfly had overstated its post-Merger business and financial prospects; (ii) notwithstanding the ongoing COVID-19 pandemic, Butterfly’s financial projections failed to take into account the pandemic’s broad consequences, which included healthcare logistical… [read post]
15 Feb 2022, 2:05 pm
For example, in Camelot Event Driven Fund v. [read post]
18 Jan 2022, 1:55 pm
As later summarized by the court in the securities lawsuit, the amended complaint alleges that during the class period, the defendants made a series of misrepresentations about the company’s battery technology, including with respect to the batteries: “(i) power, (ii) range, (iii) low temperature operation, (iv) low temperature life, and (v) energy density,” and omitted material information related to “(vi) dendrites, (vii) safety and (viii) cost. [read post]
18 Jan 2022, 12:04 am
CIM Real Estate Finance Trust reportedly acquired the two REITs in separate stock-for-stock, tax-free merger transactions. [read post]
13 Jan 2022, 11:05 am
For additional discussion on D&O Governance Exposure see Guest Post: As Equity Markets Surge, Carriers Need to Examine D&O Governance Exposure | The D&O Diary (dandodiary.com) [iv] Questions Surrounding Share Repurchases (harvard.edu) [v] The board will usually approve a repurchase amount and the company will spend up to that amount over the next several quarters. [read post]
1 Jan 2022, 12:23 pm
The "information and documentation" that must be disclosed under this new are (verbatim from the act): (i) all primary, excess and umbrella policies, contracts or agreements issued by private or publicly traded stock companies, mutual insurance companies, captive insurance entities, risk retention groups, reciprocal insurance exchanges, syndicates, including, but not limited to, Lloyd's Underwriters as defined in section [6116] of the insurance law, surplus line insurers… [read post]
28 Dec 2021, 9:42 am
Buyer v. [read post]
17 Dec 2021, 12:30 pm
Institute for Justice (2011): Your summarist is asked by his boss for an opinion on the then-recently-filed case Kerr v. [read post]
10 Dec 2021, 7:54 am
In August, we reported that, in CVR Refining, LP v. [read post]
8 Dec 2021, 11:27 am
Those CA RIAs that do not engage an auditor must, among other things: (i) provide notice of such custody on the Form ADV; (ii) maintain client assets with a qualified custodian; (iii) engage an independent party to act in the best interest of investors to review fees, expenses, and withdrawals; and (iv) retain an independent certified public accountant to conduct surprise examinations of assets. [read post]
8 Dec 2021, 7:27 am
Those CA RIAs that do not engage an auditor must, among other things: (i) provide notice of such custody on the Form ADV; (ii) maintain client assets with a qualified custodian; (iii) engage an independent party to act in the best interest of investors to review fees, expenses, and withdrawals; and (iv) retain an independent certified public accountant to conduct surprise examinations of assets. [read post]
1 Dec 2021, 1:29 pm
Arch Insurance Company[iv] highlights the concerns outlined above. [read post]
1 Nov 2021, 1:04 am
CIM Real Estate Finance Trust reportedly acquired the two REITs in separate stock-for-stock, tax-free merger transactions. [read post]
11 Oct 2021, 8:16 am
While you may have noticed how expensive your recent trips to the supermarket have become, have you thought about why? [read post]
11 Sep 2021, 8:16 am
The Complaint and Injunction Motion Ostensibly forced out of the business he helped found, Peter sued Anthony and Zachary in Brooklyn Supreme Court alleging five claims: (i) a declaratory judgment that Section 10.1 of the Operating Agreement prohibited amendment without unanimity of the Class A members, (ii) breach of the Operating Agreement, (iii) breach of the implied covenant of good faith and fair dealing, (iv) violation of Section 409 of the Limited Liability Company Law requiring LLC… [read post]
