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New York Law Journal

Scope of the Dodd-Frank Act's Whistleblower Protection

Joseph M. McLaughlin and Yafit Cohn of Simpson Thacher & Bartlett discuss a question generating dispute: Is a corporate employee who reports an employer's possible violation of the securities laws to a supervisor or internal compliance officer—but not to the SEC—considered a "whistleblower" entitled to protection from retaliation under Dodd-Frank? Courts that have considered this question have reached differing conclusions.
19 minute read

New York Law Journal

Carothers v. Progressive Ins. Co.

By | April 12, 2017
Professional Corporation Was Fraudulently Incorporated, Is Not Entitled to No-Fault Benefits
3 minute read

New York Law Journal

Shearman Snags Two Equity Partner Hires in New York

After making cutbacks to its equity partnership last year, Shearman & Sterling has recruited two corporate equity partners to its ranks in the Big Apple. One new addition is returning to the firm after a nearly two-year stint at Bridgewater Associates LP, the world's largest hedge fund.
52 minute read

The American Lawyer

Shearman Snags Two Equity Partner Hires in New York

After making cutbacks to its equity partnership last year, Shearman & Sterling has recruited two corporate equity partners to its ranks in the Big Apple. One new addition is returning to the firm after a nearly two-year stint at Bridgewater Associates LP, the world's largest hedge fund.
5 minute read

Daily Business Review

Wells Fargo Board Claws Back $28 Million More From Ex-CEO

Wells Fargo & Co.'s board clawed back an additional $28 million from former Chief Executive Officer John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt's stock options after determining they were among senior managers who failed to heed warnings of spreading sales abuses for more than a decade.
8 minute read

Corporate Counsel

Managers Are Failing to Foster Ethical Conduct: Report

A new survey by consultant EY finds that more than three-quarters of board directors and senior managers in Europe, the Middle East, India and Africa who responded to a survey said they could justify unethical behavior if it would help their businesses survive.
6 minute read

Delaware Business Court Insider

Judge Tosses Derivative Suit Over 'Excessive' Director Compensation

The Delaware Court of Chancery has dismissed a derivative suit accusing Investors Bancorp Inc. directors of giving themselves a "grossly excessive" compensation hike following the firm's mutual-to-stock public offering.
7 minute read

Delaware Business Court Insider

Judge Tosses Derivative Suit Over 'Excessive' Director Compensation

The Delaware Court of Chancery has dismissed a derivative suit accusing Investors Bancorp Inc. directors of giving themselves a "grossly excessive" compensation hike following the firm's mutual-to-stock public offering.
7 minute read

New Jersey Law Journal

Justices Find 'Constructive Fraud' in Relieved $600K Loan From Bankrupt Co.

The loan of $600,000 from a bankrupt company to a contractor that did not repay the debt and was relieved of its obligation amounts to a fraudulent conveyance, the New Jersey Supreme Court ruled on Thursday.
10 minute read

Legaltech News

Finding the Right Balance Between Tech Knowledge and Confidence in a Rule 30(b)(6) Deposition

EDI's upcoming California Spring Meeting will look at perspectives and considerations for witness selection.
8 minute read

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