The Legal Intelligencer | Commentary
By Robert L. Hickok and Gay Parks Rainville | March 14, 2018
Earlier this year, a panel of the U. S. Court of Appeals for the Second Circuit issued an opinion in the securities fraud action, Arkansas Teachers Retirement System v. Goldman Sachs Group, 879 F.3d 474 (2d. Cir. 2018), that provides district courts with long-overdue guidance for assessing a defendant's rebuttal evidence at the class certification stage.
By Ben Hancock | March 14, 2018
CEO Elizabeth Holmes has agreed to pay a $500,000 penalty, return the remaining 18.9 million shares she obtained during the fraud, and relinquish her voting control of Theranos.
Delaware Business Court Insider | Commentary
By Robert B. Little and Eric B. Pacifici | March 14, 2018
The Delaware Court of Chancery recently issued an opinion that offers useful guidance for parties seeking to draft joint venture exit provisions.
By Jennifer Schwartz, Tammy Marzigliano and Amy Biegelsen | March 14, 2018
Employees must report to the Securities and Exchange Commission to state a retaliation claim under Dodd-Frank, internal reporting alone is no longer sufficient.
By Ross Todd | March 13, 2018
San Francisco-based Credit Karma, a pre-IPO financial technology company, agreed to pay a $160,000 penalty after the SEC found that it failed to offer employees financial statements and risk disclosures in conjunction with company-offered stock options.
By MP McQueen | March 13, 2018
The lawsuit, filed in federal district court in Miami on behalf of the estate of David Kleiman, a paralyzed IT security expert who died in 2013, may incidentally establish whether Craig Wright is, in fact, the pseudonymous Satoshi Nakamoto, said to be the inventor of bitcoin.
By Scott Flaherty | March 12, 2018
A little less than a year after his retirement as a Bank of America executive and top in-house counsel, Gary Lynch is back at Davis Polk, where he once spent a dozen years as a partner.
By Andrew Denney | March 9, 2018
Former pharmaceutical executive Martin Shkreli has been sentenced to seven years in prison after his conviction on three securities fraud counts.
By Jenna Greene | March 9, 2018
One, they say, is the loneliest number. It's even lonelier when you're facing treble damages topping $1.7 billion.
By Colby Hamilton | March 9, 2018
What's left of the former investment bank Lehman Brothers will be responsible for $2.38 billion in compensation to hedge funds and institutional investors who were hurt by the bank's actions leading up to the financial crisis a decade ago.
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