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29 Jul 2013, 7:45 am
Harkonen[24], the government turned the law of statistical analyses in securities fraud on its head, when it prosecuted a pharmaceutical company executive for his role in issuing a press release on clinical trial data. [read post]
3 Apr 2019, 7:18 am
Join us as Professors Vladeck and Chesney discuss and debate the latest national security law news! [read post]
29 Apr 2010, 12:24 pm
All four defendants agreed to settle the Commission's charges against them. [read post]
15 Jul 2013, 2:18 am
Among other things, the plaintiffs alleged that the defendants had misrepresented the company’s prospects and financial results. [read post]
12 Apr 2024, 3:15 am
” The Court rejected defendants’ argument that these statements were too “simple and generic” to be actionable, explaining that, according to the complaint’s allegations, the company allegedly did not have any control mechanism in place to prevent the over-issuance of securities and the supposed omission of this lack of a control system was adequately alleged to be material. [read post]
25 Aug 2012, 3:04 pm
The defendants claim that they never struck the security guard. [read post]
30 Sep 2020, 8:58 am
“To recover damages after securing a default judgment, a plaintiff must prove the relief it seeks through testimony or written affidavit. [read post]
23 Jan 2017, 11:02 am
The advocacy group Cause of Action has stepped in to help defend electronics maker D-Link in a suit brought by the Federal Trade Commission over the company’s purportedly insufficient protection of customers’ privacy. [read post]
23 Jan 2017, 11:02 am
The advocacy group Cause of Action has stepped in to help defend electronics maker D-Link in a suit brought by the Federal Trade Commission over the company’s purportedly insufficient protection of customers’ privacy. [read post]
18 Jul 2011, 1:05 am
American Security is the sole named defendant in the action. [read post]
21 Oct 2009, 3:03 am
These categories included defendants’ statements regarding the adherence to underwriting standards; the defendants’ statements about the reasons for the deterioration in the collateral performance; and the defendants’ statements about the adequacy of the company’s loan loss reserves and internal controls. [read post]
4 Nov 2021, 8:59 pm
Slaughter defended the amendments to the rule. [read post]
17 Jul 2017, 9:00 pm
When critics suggested that the transaction would raise national security concerns, the government defended its position by saying that the transaction was reviewed under the Investment Canada Act. [read post]
7 Sep 2018, 11:58 am
In 2014 the UN Working Group on the use of mercenaries urged[JURIST report] stronger global and regulation of private security companies. [read post]
16 Jan 2024, 9:01 pm
Securities Litigation issued a decision on two matters of first impression relating to falsity in the securities fraud context. [1] First, the court held that statements in which a securities-fraud defendant asserts in “general and inherently subjective terms” that its scientific studies complied with a “published and internationally recognized” standard should be analyzed as statements of opinion, not fact.[2] Second, the court… [read post]
30 Oct 2011, 9:48 pm
On Friday they announced the following on their website: A former investment representative of a securities firm has been charged by the ICAC with accepting bribes totalling over $1.1 million from a businessman as rewards for assisting the latter in selling 50 million shares of a listed company. [read post]
22 Apr 2010, 6:37 am
When the defendants moved to dismiss the complaint, the district court allowed the defendants to depose these confidential witnesses to determine if they had made the statements attributed to them in the complaint. [read post]
15 May 2007, 9:45 am
Investor advocates defended non-binding shareholder proposals as a useful tool of engagement with companies and urged the Securities and Exchange Commission not to scale back the ability of investors to file those resolutions. [read post]
30 Apr 2020, 8:43 am
WeRide secured a preliminary injunction from the Court, directing AllRide not to use or disclose WeRide’s confidential information and trade secrets, and specifically directing defendants not to destroy evidence. [read post]
19 Mar 2020, 4:00 am
Companies tend these days to mention information security risks among their statements of material risks that could affect future performance of the company (and its shares). [read post]