By Ross Todd | July 17, 2018
A federal judge in San Francisco has certified a class of investors in a lawsuit accusing the company of misleading investors about key user metrics. They allege Twitter's stock price slid 40 percent after its struggles became public in 2015.
By Colby Hamilton | July 11, 2018
According to federal regulators, a Virginia engineer was part of a scheme to file fake documents through the SEC's public filing website that claimed a fake company was going to buy premium Fitbit stock at a big price markup.
By C. Ryan Barber | July 3, 2018
We've got a good dialogue going on the role of lawyers on compliance teams, and scroll down to check out some of the law firms on the big new cases making headlines.
By Rhys Dipshan | July 3, 2018
The latest suit, filed by law firm Robbins Arroyo, goes into greater detail in its claims that Ripple Labs promotes and manages XRP to boost the cryptocurrency's price.
By Scott Flaherty | June 29, 2018
After a special master tapped to review overbilling in a $75 million legal fee award in a securities class action settlement faulted Labaton Sucharow and its co-counsel, the firm fired off criticisms of its own.
By R. Robin McDonald | June 28, 2018
Federal authorities contend that an Equifax software engineering manager, who has since been fired, learned of Equifax's massive 2017 data breach before it went public. Federal prosecutors in Atlanta contend he then bought Equifax put options—and sold them at a profit when news of the data breach went public and Equifax's stock price plummeted.
Delaware Business Court Insider | Commentary
By Lewis H. Lazarus | June 27, 2018
When friends go into business, their ties may fray if the business experiences difficulty and the parties have different views of how to proceed and who is responsible.
New Jersey Law Journal | Analysis
By Margaret A. Dale and Mark D. Harris | June 27, 2018
The SEC has taken steps to demonstrate its increased focus on cybersecurity matters, and specifically on companies' disclosure obligations relating to cybersecurity risks and incidents.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | June 27, 2018
In Official Committee of Unsecured Creditors v. Constellation Enterprises (In re Constellation Enterprises), Judge Andrews held that a creditors' committee automatically dissolved when a Chapter 11 case was converted to a Chapter 7 case and as a result it lacked the capacity or authority to pursue appeals that had been filed from orders of the bankruptcy court, including the order converting the case.
By Colby Hamilton | June 26, 2018
Federal authorities say the analyst provided nonpublic information about Sherwin-Williams' upcoming acquisition of Valspar to two associates, neither of whom had ever traded on securities before.
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