The Legal Intelligencer | Commentary
By Katayun I. Jaffari, Mehrnaz Jalali and Rikisha Collins | April 25, 2024
While the status of the final rules remains uncertain, the SEC's 2010 climate guidance continues to apply. Companies should continue to consider providing more robust disclosure on climate-related risks and their impact on the company's business, results of operations and financial condition in response to demands from investors and to comply with rules and guidance set forth by the SEC, states, other regulatory agencies and other advisory bodies.
New York Law Journal | Analysis
By James J. Beha II and Brendan F. Quigley | April 24, 2024
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.
Delaware Business Court Insider | News
By Ellen Bardash | April 23, 2024
Vice Chancellor Morgan Zurn said she'll hear argument April 30 on whether to continue handling the case on an expedited basis.
By Ellen Bardash | April 17, 2024
The three-judge panel ruled that the shareholders hadn't provided adequate facts to support their claims that Skillz, represented by Latham & Watkins, misled them.
By Ellen Bardash | April 17, 2024
The three-judge panel ruled that the shareholders hadn't provided adequate facts to support their claims that Skillz, represented by Latham & Watkins, misled them.
By Avalon Zoppo | April 16, 2024
"It seems to us that, as an investor in Akorn whose shares' value was affected by the merger and the mootness fees, Frank has a claim in common with the main action; how could it be otherwise?" Judge Frank Easterbrook wrote for the court.
By Mason Lawlor | April 12, 2024
This case was first surfaced by Law.com Radar, ALM's source for immediate alerting on just filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
By Mason Lawlor | April 12, 2024
Due to growing concerns of infiltration by sexual predators, Meta shareholders included a proxy proposal that would require the company to implement more protections for minors on its social media platforms.
By Jimmy Hoover | April 12, 2024
Investors can bring such suits only when such omissions create "misleading half-truths," Justice Sonia Sotomayor wrote for a unanimous court.
By Maydeen Merino | April 10, 2024
"When you hear Democrats accuse Republicans of being 'anti-science,' they are proving our point that this rule is about the left's climate-policy agenda, not simply standardizing disclosures," said House Financial Services Committee Chair Patrick McHenry, R-North Carolina.
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