Delaware Business Court Insider
By Ellen Bardash | February 10, 2021
In a complaint filed Monday in the District of Delaware, HC2 Holdings 2 Inc. and Continental General Insurance Co. allege majority shareholder Motorsport Games Inc. portrayed 704Games Company as being unprofitable and bought out their shares for $1.2 million, then months later went public with shares trading at more than 170 times that buyout value.
Daily Business Review | Commentary
By Bryan Wells and Peter Rahaghi | February 9, 2021
On Jan. 18, the Biden administration announced the nomination of Gary Gensler as the next chairman of the U.S. Securities and Exchange Commission (the SEC). Gensler succeeds Jay Clayton, a prominent Wall Street lawyer who reduced regulation of the financial services sector and was generally perceived to be a friend of the financial industry.
By Ross Todd | February 9, 2021
In the case of the $1.21 billion settlement Valeant Pharmaceuticals reached with investors, the number beat analyst expectations, especially since the company only had $825 million in cash on-hand at the time the deal was announced in late 2019.
By Ellen Bardash | February 5, 2021
Robinhood's customers, not shareholders, are currently the ones upset with the company to the point of taking legal action over January's run on GameStop and other stocks.
Delaware Business Court Insider | News
By Ellen Bardash | February 5, 2021
Robinhood's customers, not shareholders, are currently the ones upset with the company to the point of taking legal action over January's run on GameStop and other stocks.
By Ellen Bardash | February 5, 2021
Robinhood's customers, not shareholders, are currently the ones upset with the company to the point of taking legal action over January's run on GameStop and other stocks.
The Legal Intelligencer | Commentary
By Sozi Pedro Tulante and Joshua Drew | February 5, 2021
Prosecution of bribery of foreign public officials, under the U.S. Foreign Corrupt Practices Act (FCPA) and other similar laws, has been rising globally for some time.
By Ross Todd | February 5, 2021
Jim Barz and Darren Robbins of Robbins Geller Rudman & Dowd got sign-off this week on the ninth-largest PSLRA settlement ever.
By Ross Todd | February 5, 2021
Jim Barz and Darren Robbins of Robbins Geller Rudman & Dowd got sign-off this week on the ninth-largest PSLRA settlement ever.
By Suzette Parmley | February 5, 2021
The 83-page complaint filed in Essex County Superior Court "involves a massive securities fraud that has affected approximately 17,000 investors in New Jersey and across the United States."
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