Maria Dinzeo

September 20, 2024 | Corporate Counsel

Consumers "do not understand how much privacy they are giving up, largely to facilitate targeted advertising," the Federal Trade Commission said in a report on the data practices of social media and video streaming companies.

By Maria Dinzeo

8 minute read

September 18, 2024 | Corporate Counsel

By March 2018, Ryan Cohen had amassed more than $100 million in Wells Fargo shares, the threshold for disclosure under the Hart-Scott-Rodino Act. But he didn''t submit the required filing until January 2023.

By Maria Dinzeo

3 minute read

September 18, 2024 | Corporate Counsel

"We believe—and evidence shows—that the SEC's new rule sets a high bar that most companies and their investors cannot achieve today," the report says.

By Maria Dinzeo

6 minute read

September 11, 2024 | Corporate Counsel

The company dismissed Nabanita Nag, effective immediately. She joined the rail giant in 2020 and received a major promotion two years later.

By Maria Dinzeo

3 minute read

September 11, 2024 | Corporate Counsel

The Securities and Exchange Commission said that in the three years after Deere bought Wirtgen Thailand, the unit plied government officials with cash, massage parlor visits and lavish sightseeing trips to Europe. regulator found Illinois-based John Deere failed to integrate Wirtgen Thailand, a former German outfit into its existing compliance and controls environment after acquiring Wirtgen Group in 2017, resulting in "bribery schemes going unchecked for several years," the SEC's FCPA division enforcement chief Charles Cain said in a statement. "This action is a reminder for corporations to promptly ensure newly acquired subsidiaries have all the necessary internal accounting control processes in place."

By Maria Dinzeo

4 minute read

September 09, 2024 | Corporate Counsel

Sean Edgett had been at Twitter a decade when Elon Musk bought it for $44 billion in 2022 and immediately fired him and the rest of the leadership team.

By Maria Dinzeo

3 minute read

September 09, 2024 | Corporate Counsel

PNC Financial's Gregory Jordan is retiring as legal chief but will stay with the bank as vice chair, a role that will focus on advising the CEO and board.

By Maria Dinzeo

2 minute read

September 06, 2024 | Corporate Counsel

For years, China has employed AI agents as online "robot judges." Could that happen here?

By Maria Dinzeo

6 minute read

September 06, 2024 | Corporate Counsel

AI adoption has risen so much so quickly that the average knowledge worker puts more corporate data into AI tools on Saturday or Sunday than the middle of the workweek a year ago, a Cyberhaven study found.

By Maria Dinzeo

4 minute read

September 05, 2024 | Corporate Counsel

The company, which also is facing a U.S. Securities and Exchange Commission inquiry, finds itself in regulators' crosshairs despite legal chief Dan Gallagher's pledge to improve the company's compliance culture and work collaboratively with regulators.

By Maria Dinzeo

3 minute read