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22 Apr 2024, 2:04 pm by John Stigi and Kristin Housh
Although the Court in MIC declined to opine on whether the other two subsections of Rule 10b-5 — Rules 10b-5(a) and 10b-5(c) — may support liability for pure omissions, in Affiliated Ute Citizens of Utah v. [read post]
However, a September 2019 New York State intermediate appellate court decision – Vega v. [read post]
22 Apr 2024, 4:21 am by Franklin C. McRoberts
., Inc. v Sturm, ___ AD3d ___, 2024 NY Slip Op 01864 [1st Dept Apr. 4, 2024]), a bombshell decision for already anxious accountants at the height of tax season. 1650 Broadway is a warning to accountants of closely-held businesses that where they allegedly acquire knowledge or information of an owner’s financial improprieties, New York common law may now impose upon them an affirmative duty to make disclosure to a co-owner with whom the accountant has an accountant-client… [read post]
22 Apr 2024, 4:01 am by Deanne Sowter
The mother stated that in the first incident, the father “became angry, called her demeaning names, threw objects at her, and headbutted her while the child was at her feet” (BCCA at para 10). [read post]
22 Apr 2024, 1:06 am by INFORRM
” A further High Court hearing is scheduled on 20 May 2024 to determine the value of the assurances. [read post]