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5 Aug 2008, 3:44 pm
This undoubtedly represents significant relief to the company and the other defendants, in addition to the sense of vindication the company likely feels following the court's ruling. [read post]
5 Oct 2017, 12:00 am
The complaint alleged on August 20, 2014, two semi-conductor companies, International Rectifier and Infineon, publically announced that Infineon would acquire International Rectifier. [read post]
7 Apr 2022, 7:00 am
(“Who Defends Your Data). [read post]
18 Jan 2011, 8:34 am
If, on the other hand, the insider simply steals a few million dollars from the corporate safe, with the immediate effect of harming the company, the employee would have totally abandoned the interests of the company, the adverse interest exception would apply, the wrongful acts would not be attributed to the corporation, and the outside security firm charged with guarding the safe could be sued for negligence. [read post]
20 Aug 2010, 9:38 am
Recently, a defendant sought to have the enhanced level of proof applied in a conventional securities fraud case, but the court declined to do so. [read post]
30 May 2007, 4:57 pm
Securities and Exchange Commission granted Tenet Healthcare Corp. an unusual break: The company will be given protection against shareholder lawsuits even though it is being punished for fraud. [read post]
5 Sep 2010, 5:52 am
Here is the professors’ response: The comments seem to have concentrated on the possible alternative causation of the underperformance of defendant companies involved in securities class actions, i.e., these companies had financial problems prior to the lawsuit and it was likely that these pre-existing problems prompted the companies’ management to lie, and thus, it should not be surprising to see that these… [read post]
30 Jul 2018, 9:04 am
The gold standard is to tell users before a company surrenders the data, with enough time that the user can secure legal counsel and challenge the request in court. [read post]
28 Apr 2016, 1:21 pm
In “extraordinary circumstances,” a concerned company can petition a federal court to order the seizure by federal marshals, without notice to the defendant, of “property necessary to prevent the propagation or dissemination” of the stolen trade secrets. [read post]
28 Apr 2016, 1:21 pm
In “extraordinary circumstances,” a concerned company can petition a federal court to order the seizure by federal marshals, without notice to the defendant, of “property necessary to prevent the propagation or dissemination” of the stolen trade secrets. [read post]
8 Feb 2023, 7:08 am
He said “Democrats and Republicans came together, came together to defend a strong and safer Europe. [read post]
19 Dec 2018, 6:03 am
Findings on public company and subsidiary defendants are based on data from the Securities Enforcement Empirical Database (SEED), a collaboration between the NYU Pollack Center for Law & Business and Cornerstone Research. [read post]
18 Nov 2020, 6:41 am
The complaint alleges that the defendants made false and misleading statements about the company’s business, operational and compliance policies, specifically that defendants misrepresented or failed to disclose that Zoom had inadequate data privacy and security measures and practices in place. [read post]
27 Apr 2010, 6:07 am
” The defendant also argued that any losses had been repaid to the funds under a settlement with the SEC, but the court found that the record was not sufficiently developed on this point.The court upheld dismissal of the investors’ direct claim under Section 36(b) of the Investment Company Act, however. [read post]
27 Apr 2010, 6:07 am
” The defendant also argued that any losses had been repaid to the funds under a settlement with the SEC, but the court found that the record was not sufficiently developed on this point.The court upheld dismissal of the investors’ direct claim under Section 36(b) of the Investment Company Act, however. [read post]
19 May 2024, 6:51 am
This operation involved a reinforced company-sized force equipped with two tanks and 21 infantry fighting vehicles (IFVs). [read post]
3 Dec 2012, 12:39 am
That is, they are filed at a time when the defendant company is under time pressure that motivates the company to settle quickly rather than deal with the lawsuit. [read post]
12 Oct 2023, 9:16 am
Indeed, and as discussed here, in April 2021, the court in the securities suit largely denied the defendants’ motion to dismiss. [read post]
17 Jul 2024, 12:08 pm
_________________________________________________ Nessim Mezrahi is co-founder and CEO of SAR LLC, a data analytics company specializing in securities litigation risk management solutions [read post]
3 Oct 2022, 6:00 am
Defendants sought to dismiss all claims. [read post]
