By Michael A. Mora | August 2, 2024
U.S. District Judge Mark Pittman previously expressed apprehension over entering a ruling and setting a "moving target precedent."
The Legal Intelligencer | Commentary
By Katayun I. Jaffari and John Crozier | August 1, 2024
On June 24, the Securities and Exchange Commission (SEC) issued new compliance and disclosure interpretations (C&DIs) providing additional guidance on cybersecurity incident reporting pursuant to Item 1.05 of Form 8-K.
By Ellen Bardash | July 31, 2024
The latest batch of changes—which take effect on Thursday—has seen less unanimous support from the corporate bar than the amendment process usually does.
By Katie Hall | July 31, 2024
The lawsuit was filed by the Plymouth County Retirement Association, which is represented by New York-based Labaton Keller Sucharow.
By Ross Todd | July 31, 2024
In its latest report released this morning, Cornerstone Research says total class action securities filings are essentially on pace with last year. We take a look at the numbers with Robbins Geller's Darren Robbins and Simpson Thacher's Jonathan Youngwood.
By Maydeen Merino | July 30, 2024
The agency "could increase enforcement actions based on the rules that they already have on their books," said Teresa Goody Guillen, a partner at Baker & Hostetler.
The American Lawyer | Analysis
By Maydeen Merino | July 30, 2024
The agency "could increase enforcement actions based on the rules that they already have on their books," said Teresa Goody Guillen, a partner at Baker & Hostetler.
By Michael A. Mora | July 30, 2024
"The SEC has gone beyond what people traditionally think of as investment contracts or securities, and they have now started encroaching into the art world, just because the art in their previous cases happened to be digital," Jason Gottlieb, a partner at Morrison Cohen, said in an interview.
By Mason Lawlor | July 26, 2024
"We need more accountability for the organization instead of focusing on the security leaders of these companies who, in many instances, have their hands tied by execs and the board," said George Gerchow, faculty of cybersecurity consulting firm IANS Research. "We are becoming scapegoats. If this trend continues, you will see an even larger gap in security talent willing to put their credibility on the line, as well as facing charges by the SEC and DOJ."
By Ellen Bardash | July 24, 2024
Plaintiffs' theories of scienter were backed by vague and speculative claims, U.S. District Judge Paul A. Engelmayer said.
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