By Steve Lash | June 5, 2024
The U.S. Securities and Exchange Commission exceeded its statutory authority, the appeals court says.
Delaware Business Court Insider
By Jane Wester | June 4, 2024
"However, it is black letter law that the board of directors of a Delaware corporation—not individual shareholders—determines executive compensation."
By Jane Wester | June 4, 2024
Skadden, Arps, Slate, Meagher & Flom partners Scott Musoff, Lauren Aguiar and Paul Lockwood represent the defendants, Coty Inc., whose brands include Covergirl, Philosophy and Sally Hansen, and its board of directors.
By Kat Black | June 3, 2024
The complaint, filed on Friday in the Central District of California, claims that Rivian made "materially false and misleading statements."
By Maria Dinzeo | June 3, 2024
"There are very powerful tools out there that the government is using, and they're clearly going to get better and better," said Shannon Eagan, a partner at Cooley.
By Adolfo Pesquera | May 31, 2024
The complaint alleges the new 2023 rule is repeating the errors of the Labor Department's 2016 failed rule.
By Michael A. Mora | May 30, 2024
The fallout from the litigation led to two U.S. Securities and Exchange Commission attorneys resigning from the agency.
The Legal Intelligencer | Commentary
By Jay A. Dubow, Joanna Cline and Connor B. DeFilippis | May 28, 2024
Judge Frank Easterbrook, disenchanted with the current "federal practice" of plaintiffs attorneys extorting fees in disclosure cases without conferring a meaningful benefit on stockholders, penned the opinion for a two-judge panel rejecting such fee agreements and empowering shareholders and federal courts alike to scrutinize these fees going forward.
By Brian Lee | May 23, 2024
A unanimous Court of Appeals said the plaintiffs sufficiently pleaded causes of action for breach of fiduciary duty under Scottish law.
By John Moon and Lori Marks-Esterman | May 23, 2024
An overview of why checks and balances of the courts, as well as SEC enforcement, are critical to maintaining disclosures that are needed to maintain the strength of the U.S. markets.
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