May 10, 2024 | New York Law Journal
SEC's Crackdown on AI Washing Has Broad ImplicationsThe SEC has now announced that it has settled its first enforcement actions involving AI. Two investment advisors recently agreed to pay civil fines to the SEC for misstatements about AI technology. This signals a new era of SEC enforcement.
By Benjamin Daniels, Jennifer Driscoll and Sabrina Galli
7 minute read
May 15, 2023 | New York Law Journal
Delaware Courts Rejecting SPAC DefensesOne year into this litigation boom, plaintiffs continue to sue SPAC management, founders, and sponsors for various alleged breaches of fiduciary duties. A recent decision—Delman v. GigAcquisitions3—could accelerate that trend and portend a narrowing of available defenses.
By Benjamin M. Daniels, Arila Zhou and Sabrina Galli
9 minute read
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