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Counsels' Withdrawal Letter Motions Granted; Inability to Pay Fees 'Satisfactory Reason'
Report: Securities Fraud Losses Claimed Balloon in First Half of 2024
The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.Court dismissed former stockholder's fiduciary duty claim arising from breach of merger agreement leading to reduced merger consideration where the reduced price still provided a premium over the stock price and the stockholders approved the merger in an informed vote.
Documents Denied Seal; Interests in Confidentiality Do Not Overcome Those for Disclosure
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Court Battle Over Musk's Compensation Is Far From Over, Even After Ratification Vote, Experts Say
The vote doesn't negate the Delaware Chancery Court's decision faulting the process by which Tesla's board originally approved the CEO's pay package.Court Battle Over Musk's Compensation Is Far From Over, Even After Ratification Vote, Experts Say
The vote doesn't negate the Delaware Chancery Court's decision faulting the process by which Tesla's board originally approved the CEO's pay package.Court denied plaintiff's motions to expedite resolution of post-trial issues based on defendants' assertion that an upcoming shareholder proxy vote would not affect the litigation.
Supreme Court Takes Up Facebook's Appeal of Investors' User Data Scandal Suit
The question before the justices is whether public companies must disclose on Form 10-K to the U.S. Securities and Exchange Commission any risk that has occurred even if that event "presents no known risk of ongoing or future business harm."Trending Stories
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State Lawmakers Targeting Plastic Pollution in 2024
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