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14 May 2024, 9:05 pm
It is based on their recent article, “Board Observers,” forthcoming in the Illinois Law Review and available here. [read post]
14 May 2024, 6:31 am
The announcement comes just as the Illinois legislature is considering a similar bill and the Federal Trade Commission looks into a regulation against junk fees after Biden mentioned them again in his 2024 State of the Union address. [read post]
10 May 2024, 6:45 am
The automobile manufacturer and energy company intervenors that supported the waiver included Ford Motor Company, Volkswagen Group of America, BMW of North America, American Honda Motor Co., Volvo Car USA, the National Coalition for Advanced Transportation, Advanced Energy Economy, Calpine Corporation, National Grid USA, the New York Power Authority, and the Power Companies Climate Coalition. [read post]
8 May 2024, 7:20 pm
Unsuitable Sales of Exchange Traded Funds (ETFs) July 2016 – FINRA fined Oppenheimer & Co. [read post]
8 May 2024, 12:47 pm
Deceptive practices can include deceptive advertising or violations of the Illinois Consumer Fraud Act and the Illinois Uniform Deceptive Trade Practices Act (People of State of Ill. ex rel. [read post]
7 May 2024, 10:47 am
See San Diego Building Trades Council Local 2620 v. [read post]
2 May 2024, 1:20 pm
In the context of LLC members, the Illinois Limited Liability Company Act (805 ILCS 180/35-1) provides for the dissolution of the company upon the application by a member or transferee of a distributional interest, upon entry of a judicial decree that the managers or those members in control of the company have acted or are acting in a manner that is oppressive and was, is, or will be directly harmful to the applican]. [read post]
1 May 2024, 10:16 pm
FINRA also reported LPL’s failure to establish and enforce a proper supervisory system for recommending publicly traded securities of business development companies from May 2017 to November 2022. [read post]
29 Apr 2024, 10:04 am
There may also be legal theories where presumptions of reliance may be established without the need for a showing that the defendant company’s shares traded in an efficient market. [read post]
26 Apr 2024, 10:47 am
MV Realty, a company that operated in several states, including Illinois, recently came under scrutiny for such practices. [read post]
26 Apr 2024, 6:30 am
Proxy Season Posted by Heidi Welsh, Sustainable Investment Institute, on Wednesday, April 24, 2024 Tags: anti-ESG, Corporate governance, ESG, Proxy season Issuers see former directors take on activist role Posted by Will Arnot, Diligent Market Intelligence, on Thursday, April 25, 2024 Tags: Activism, Activist, Board of Directors, directors Unicorn Shareholder Suits Posted by Verity Winship (University of Illinois Urbana-Champaign), on Thursday, April 25, 2024 Tags: corporate law,… [read post]
26 Apr 2024, 6:30 am
Proxy Season Posted by Heidi Welsh, Sustainable Investment Institute, on Wednesday, April 24, 2024 Tags: anti-ESG, Corporate governance, ESG, Proxy season Issuers see former directors take on activist role Posted by Will Arnot, Diligent Market Intelligence, on Thursday, April 25, 2024 Tags: Activism, Activist, Board of Directors, directors Unicorn Shareholder Suits Posted by Verity Winship (University of Illinois Urbana-Champaign), on Thursday, April 25, 2024 Tags: corporate law,… [read post]
18 Apr 2024, 1:23 pm
Importantly, covered company executives would be individually liable for violations. [read post]
16 Apr 2024, 12:03 pm
In fact, Clearview AI previously argued it was exempt from Illinois’ strict biometric law using a similar contractor exception. [read post]
12 Apr 2024, 6:00 am
” The Democratic senator from Illinois and a Republican colleague, Sen. [read post]
9 Apr 2024, 11:08 am
Narrowly tailor the scope.The restricted territory in a sale-related noncompete should generally be limited to the jurisdictions in which the target company does business. [read post]
5 Apr 2024, 7:50 am
That’s exactly what oil and gas companies want. [read post]
5 Apr 2024, 6:34 am
Illinois U.S. [read post]
19 Mar 2024, 12:10 pm
It is especially significant that the Humane Cosmetics Act has the endorsement of the Personal Care Products Council, the trade association representing 90% of the U.S. cosmetics industry, in addition to more than 400 companies that have individually signed on to support this legislation. [read post]
18 Mar 2024, 6:00 am
In addition, not all of these laws will be applicable to every company. [read post]