July 08, 2014 | The American Lawyer
Big Shareholder Cuts Stake in American ApparelCiting the ouster of CEO Charney, FiveT Capital reduces its holding to 3.19 percent.
By Jamille Sutton
2 minute read
July 08, 2014 | The American Lawyer
Two Companies Adopt "Loser Pays" BylawsThey may be the first to do so after the Delaware Supreme Court appeared to give a green light to such rules.
By Jamille Sutton
1 minute read
July 04, 2014 | The American Lawyer
SEC Investigates Cyberattacks at CorporationsThe securities regulator is scrutinizing how several companies, including Target Corporation, handled recent hacking incidents.
By Jamille Sutton
2 minute read
July 04, 2014 | The American Lawyer
Bids to Build Stock Tracking System Are Cut to SixRegulators released a short list of companies competing to build an ambitious audit trail system for U.S. stock markets.
By Jamille Sutton
2 minute read
July 03, 2014 | The American Lawyer
Ex-Noble Corp. Officials and SEC Settle Bribery CaseTwo former executives of the Noble Corporation, an offshore drilling contractor, have agreed to settle civil charges with the U.S. Securities and Exchange Commission that they allegedly bribed Nigerian officials in exchange for oil rig permits.
By Jamille Sutton
2 minute read
July 03, 2014 | The American Lawyer
Proxy Firms Must Reveal Potential Conflicts, SEC SaysCritics have noted that the same firms that advise investors how to vote in corporate elections also sometimes consult for those companies.
By Jamille Sutton
2 minute read
July 03, 2014 | The American Lawyer
Mergers Increase in 2014, Reaching a Seven-Year HighThe volume of deals in the first half of 2014 hit $1.77 trillion, Reuters reported.
By Jamille Sutton
2 minute read
July 03, 2014 | The American Lawyer
HSBC to Pay $10 Million to Settle Fraud ChargesThe bank also admitted misconduct in passing along inflated foreclosure fees.
By Jamille Sutton
2 minute read
July 02, 2014 | The American Lawyer
With Workload Up, SEC Expands Administrative Law UnitThe agency brings on two new judges and three additional lawyers.
By Jamille Sutton
1 minute read
July 02, 2014 | The American Lawyer
Report: Blackstone to Unveil Hedge Fund This FallThe private equity shop would compete with Och-Ziff, Millennium and Citadel, among others.
By Jamille Sutton
1 minute read