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April 24, 2024 | New York Law Journal

Supreme Court Confirms 'Pure Omissions' Cannot Support Securities Fraud Liability

In a significant decision regarding the scope of the federal securities laws' anti-fraud provisions, the U.S. Supreme Court held that "pure omissions" are inactionable under Section 10(b) of the Securities Exchange Act and its enabling rule, SEC Rule 10b-5.
9 minute read
January 18, 2024 | Corporate Counsel

IT and Engineering Giant Hires Former Employee as GC

Leidos, once known as SAIC, has hired a top in-house attorney at Rolls-Royce to serve as its legal chief.
2 minute read
November 15, 2023 | New York Law Journal

The Supreme Court Considers Item 303

On Sept. 29, 2023, the U.S. Supreme Court granted certiorari in 'Macquaire Infrastructure v. Moab Partners' to consider whether the failure to make disclosures required under Item 303 of the SEC's Regulation S-K can support an action for securities fraud under Rule 10b-5.
9 minute read
September 02, 2022 | Law.com

Skilled in the Art With Scott Graham: Don't Say 'Invalid.' Apple Faces Gag in $576M Patent Appeal + If an RFID Patent Goes Down, Will a $20M Discovery Sanction Go With It?

WilmerHale, MoloLamken and Paul Hastings will square off at the Federal Circuit next week over a $576 million patent infringement judgment. The USPTO has ruled the patents invalid, but that might not do Apple any good.
8 minute read
March 03, 2021 | National Law Journal

Compensation Snapshot: Richard Sauber, Biden's Pick for VA General Counsel

Veteran trial lawyer and investigations specialist Richard Sauber's financial disclosure showed he provided legal services to Robbins Russell clients including Carlyle Capital Independent Directors; McKinsey & Co. Inc.; PricewaterhouseCoopers; and Northrop Grumman.
5 minute read
March 04, 2020 | Law.com

Inside Track: Being In-House Amid the Coronavirus Outbreak. Plus, More CLOs Saying Goodbye to Their CEOs.

The COVID-19 coronavirus outbreak has hit in-house legal departments as they help guide their companies through the rapidly developing public health crisis. Also, several companies saw their CEOs step down in recent weeks, so we explore how chief legal officers can step up during the transition.
7 minute read
February 26, 2020 | Law.com

Inside Track: How Fashion Law Is Evolving. Plus, New Rules for Influencers.

Lawyers at Rent the Runway and Louis Vuitton discuss how brand protection is a major part of their jobs now. Also, the Federal Trade Commission plans to update its endorsement guidelines, which will impact in-house counsel who work with advertisers and social media influencers.
5 minute read
February 19, 2020 | Law.com

Inside Track: Diversifying the Legal Department. Plus, How Big Tech Antitrust Investigations Can Spill Over to Other Industries.

The U.S. Bank general counsel describes his company's efforts into hiring more diverse lawyers. Also, the antitrust investigations into Alphabet, Amazon, Apple, Facebook and Microsoft may impact companies outside of big tech.
6 minute read
February 12, 2020 | Law.com

Inside Track: Using Legal Department Data. Plus, How Relocation Impacts Diverse In-House Job Candidates.

Where legal departments are analyzing data for better efficiency. Also, when legal departments try to increase diversity and inclusion in the workplace, relocation may be a hurdle to getting the candidates they want.
6 minute read
February 05, 2020 | Law.com

Inside Track: The Buyer Has The Power. Plus, Meet The GC Of The Year.

The power that law firms once had over in-house legal departments has shifted to the buyer, according to a panel at ALM's annual Legalweek conference. Also, Anat Hakim, formerly the top lawyer at WellCare and now at Eli Lilly, was named 2019 General Counsel of the Year.
6 minute read

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