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3 Mar 2024, 9:01 pm by renholding
On February 20, the Delaware Court of Chancery refused to enjoin the conversion of a Delaware corporation, TripAdvisor, Inc. [read post]
3 Mar 2024, 6:52 am by Kevin LaCroix
WAUs; (e) that, as a result of (a)-(d) above, Nextdoor’s revenue guidance for fiscal year 2022 had not reasonable basis in fact and the Company was tracking tens of millions of dollars below the revenue trajectory provided to investors. [read post]
1 Mar 2024, 12:30 pm by John Ross
For example, instead of a promised Mastercard linked to MBC, investors simply received a plastic card embossed with "preferred customer. [read post]
1 Mar 2024, 7:28 am by Patricia Salkin
Although 31FO attempted to demonstrate standing through its associations with an Indian investor, the court emphasized that this investor was not a member of the LLC and the alleged investment relationship was too vague to establish independent standing for 31FO’s discrimination claims. [read post]
22 Feb 2024, 1:03 pm by Yosi Yahoudai
., another relatively new player in the EV market, also let down investors with its outlook for the year ahead. [read post]
Where e-money tokens (EMT) issued by an electronic money institution are classified as significant under MiCAR the EBA is to supervise the issuer of the EMT. [read post]
19 Feb 2024, 8:52 pm by Jacob Sapochnick
Having Form I-94 with an ADIT stamp is helpful because it enables an individual to travel outside of the United States and is also an acceptable List A receipt for Form I-9 and E-Verify employment authorization. [read post]
16 Feb 2024, 6:00 am by Michelle
The goal is not one that simply is an e-commerce or in-store experience, “not a siloed experience,” he says. . . . [read post]
The firm’s goal was 100% compliance of investor onboarding to mitigate regulatory risk, compliance violation, and exposure from fines.It soon became clear that the team could only monitor 15% of the processes, leaving them open to possible litigation and risk. [read post]
9 Feb 2024, 6:30 am
Skinner, Ropes & Gray LLP, on Monday, February 5, 2024 Tags: Activism, anti-ESG, ESG, ESG investing, ExxonMobil, GHG, proxy statements, SEC 2024 Proxy Season Considerations: Officer Exculpation for Delaware Corporations Posted by Andrew Allen, Karen Dempsey, and Bobby Bee, Orrick Herrington & Sutcliffe LLP, on Tuesday, February 6, 2024 Tags: delaware, Delaware Supreme Court, Duty of care, Fiduciary duties, officer exculpation, officers, Proxy season, S&P 500, stockholders 2023… [read post]
9 Feb 2024, 6:30 am
Skinner, Ropes & Gray LLP, on Monday, February 5, 2024 Tags: Activism, anti-ESG, ESG, ESG investing, ExxonMobil, GHG, proxy statements, SEC 2024 Proxy Season Considerations: Officer Exculpation for Delaware Corporations Posted by Andrew Allen, Karen Dempsey, and Bobby Bee, Orrick Herrington & Sutcliffe LLP, on Tuesday, February 6, 2024 Tags: delaware, Delaware Supreme Court, Duty of care, Fiduciary duties, officer exculpation, officers, Proxy season, S&P 500, stockholders 2023… [read post]
7 Feb 2024, 6:30 am by Kevin LaCroix
The complaint purports to be filed on behalf of a class of investors who purchased NYCB’s securities between March 1, 2023, and January 30, 2024. [read post]