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29 Mar 2024, 10:03 am by Eugene Volokh
From yesterday's decision by Judge Gregory Woods (S.D.N.Y.) in Cassava Sciences, Inc. v. [read post]
24 Mar 2024, 9:01 pm by renholding
” In 1933, the year the Securities Act was enacted, Roosevelt said, “It changes the ancient doctrine of caveat emptor to ‘let the seller beware,’ and puts the burden on the seller rather than on the buyer. [read post]
29 Feb 2024, 3:23 pm by Audrey A Millemann
The court applied the two-part test for subject matter eligibility under the Supreme Court’s 2014 decision in Alice Corp. v. [read post]
26 Feb 2024, 4:37 am by Peter Mahler
The First Department also invalidated a self-interested director transaction in Sardanis v Sumitomo Corp. [read post]
15 Feb 2024, 9:05 pm by renholding
On January 24, 2024, the Securities and Exchange Commission (SEC) adopted final rules that impose significant additional procedural and disclosure requirements on initial public offerings (IPOs) by special purpose acquisition companies (SPACs) and in business combination transactions involving SPACs (de-SPACs). [read post]
11 Feb 2024, 10:52 pm by Rethabile Shabalala
Case: Rabinowitz v Levy and Others Others (1276/2022) [2024] ZASCA 8 (26 January 2024) This blog post was co-authored by Ngarothe Netshipale, Candidate Attorney. [read post]
23 Jan 2024, 9:01 pm by renholding
Shareholders were represented by co-lead counsel firms Bernstein Litowitz Berger & Grossmann and Cohen Milstein Sellers & Toll. 2.) [read post]
16 Jan 2024, 1:19 pm by Kevin LaCroix
First, an activist short-seller’s work product is an unreliable source of new information about an issuer because the short-seller has an economic interest in driving down the stock price. [read post]
11 Jan 2024, 9:05 pm by Gianna Hill
Supreme Court’s decision in West Virginia v. [read post]