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5 May 2009, 5:34 am
Example #2- 50% Wages and 50% Shareholder Distributions   Same facts as Example #1 except that Capone, Inc. pays $40,000 of wages to its sole shareholder and $40,000 of shareholder distributions. [read post]
8 Jun 2017, 11:56 am by Renae Lloyd
Investor Update The board of KBS Strategic Opportunity REIT II Inc., approved an estimated net asset value of the company’s common stock of $9.05 per share, according to a filing with the Securities and Exchange Commission. [read post]
5 Mar 2021, 8:15 am by John Jascob
At issue is whether a defendant in a securities class action may rebut the presumption of classwide reliance recognized in Basic Inc. v. [read post]
28 Feb 2013, 6:52 am by Andrew Trask
Amgen opposed, arguing in part that the plaintiffs had not shown that the alleged misstatements were material (a requirement the Supreme Court appeared to impose in Basic, Inc. v. [read post]
4 Feb 2021, 8:28 am by John Jascob
At issue is whether a defendant in a securities class action may rebut the presumption of classwide reliance recognized in Basic Inc. v. [read post]
24 Feb 2009, 8:00 am
The district court held that under Rule 23(b), the requirement that all class members prove reliance may be presumed under the fraud-on-the-market doctrine of Basic Inc. v. [read post]
23 Jun 2009, 4:31 am
As such, the FINRA Code of Arbitration Procedure is basically binding on investors who bring suits against brokers-dealers.Under the current FINRA Code of Arbitration Procedure, arbitration claims which exceed $100,000.00 must be heard by a panel of three arbitrators. [read post]
27 Jan 2009, 2:05 pm
This Rueters piece provides the basics on a notable white-collar sentence handed down today: A former executive at American International Group Inc  was sentenced to four years in prison on Tuesday for his role in a reinsurance deal that prosecutors said misled AIG investors. [read post]