With
Suzette Pringle,
James Thompson
On August 23, 2016, the SEC entered into a settlement that reflects a continuation of its recent trend of increasingly active pursuit of private equity firms, particularly for failing to disclose conflicts of interests and other material information to investors.
With
Gregory Beaman
The Vice Chancellor did not address the claims against CAS because CAS did not move to dismiss the plaintiffs' claims.
With
Gregory Beaman
On June 30, 2016, the Delaware Chancery Court extended the Supreme Court's holding in Corwin v. KKR Financial Holdings LLC, 125 A.3d 304 (Del. 2015), to two-step mergers under DGCL § 251(h).
With
Bronwyn James,
Katherine Maco,
Paul F. Rugani
The result of the decision is that Tilton's challenge must be reviewed in the first instance by the very judges whose legitimacy she challenges.
With
Gregory Beaman
In March 2015, VSI and Uroplasty combined to form Cogentix, a specialty medical device manufacturer.
With
Robert Loeb,
Paul F. Rugani,
Marc Shapiro,
Robert Stern,
Katie Lieberg Stowe
Spokeo concerns a representative plaintiff—Thomas Robins—whose biographical information was inaccurately reported by Spokeo Inc.
With
Gregory Beaman
On May 6, 2016, the Delaware Supreme Court affirmed the Delaware Chancery Court's ruling that Zale Corporation's sale to Signet Jewelers withstood scrutiny under the business judgment rule...
With
Jennifer Poer,
Danielle Van Wert
On April 13, 2016, the SEC published a concept release discussing and seeking public comment on modernizing certain business and financial disclosures required by Regulation S-K...
In August 2015, the SEC adopted its final pay ratio disclosure rules, implementing the pay ratio disclosure requirement in the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Rules").
With
Suzette Pringle,
Paul F. Rugani
The first Circuit Court of Appeals decision applying the Supreme Court's landmark 2014 decision in Halliburton Co. v. Erica P. John Fund Inc., 134 S. Ct. 2398 (2014) ("Halliburton II"), favored the defendants...
With
William Foley Jr
We have previously written about how, over the past few years, the SEC and other regulatory agencies have devoted substantial resources to investigations regarding allegations that public companies have inadequate internal controls and/or a system for reporting those controls.
With
Robert Loeb,
Marc Shapiro
On March 28, 2016, the Supreme Court denied a petition for certiorari review brought by Laurie Bebo, who challenged the constitutionality of proceedings conducted in an SEC administrative tribunal.
With
Robert Loeb,
Marc Shapiro
Before the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank"), the SEC was forced to bring enforcement actions in district court.
With
William Foley Jr,
Robert Loeb
On March 22, 2016, the Supreme Court issued a decision permitting class plaintiffs to rely on "representative" or "sample" evidence to satisfy the prerequisites to class certification and certain elements of their claims.
With
Gregory Beaman,
Peter Rooney
On February 29, 2016, the Delaware Court of Chancery denied a motion to dismiss fiduciary duty claims against certain current and former directors of Halt Medical and a 26% stockholder...
