The Situation: California's governor recently signed into effect a new law requiring public corporations whose principal executive offices are located in California to have a certain minimum
The Situation: The term "accredited investor" under the Securities Act of 1933 ("Securities Act") is used to establish the eligibility of investors to participate in offerings conducted
The Situation: A number of shareholder derivative lawsuits in federal court have been filed seeking to hold directors and officers of major companies accountable for alleged failures
The Situation: Companies facing the twin prospects of a significant Department of Justice ("DOJ") settlement and financial distress have historically had little insight into how the DOJ
The Situation: For many years, various groups have urged the Securities and Exchange Commission ("SEC" or "Commission")
The Situation: In an effort to update the rules to improve disclosures for investors and to simplify compliance efforts for registrants, the U.S. Securities and Exchange Commission ("SEC")
The Situation: The Division of Trading and Markets (the "Division") of the U.S. Securities and Exchange Commission ("SEC") approved a proposed rule change by the New York Stock Exchange ("NYSE")
The Situation: In November 2019, the U.S. Securities and Exchange Commission ("SEC") proposed certain amendments to Rule 14a-8 of the Securities Exchange Act of 1934
Federal court grants summary judgment to the SEC on its claim that sales of digital tokens constitute investment contracts under the Securities Act.
For over a year, the SEC, credit rating agencies, investors, the Big Four accounting firms and other interested parties have been sounding the alarm about a popular financing technique called...
The past five years have seen a major uptick in FTC enforcement against alleged charity fundraising scams, along with increased multi-state coordination in this space.
"In times of unprecedented disruption, business owners should ensure that they have carefully documented agreements that govern their business and what happens next."
The Situation: In Australia, the Takeovers Panel ("Panel") is the primary forum for hearing disputes in relation to takeover bids and other corporate control transactions
Courts sometimes disagree over whether provisions in a borrower's organizational documents designed to prevent the borrower from filing for bankruptcy are enforceable as a matter of federal
Environmental, social, and governance ("ESG") investing has captured the attention (and dollars) of more institutional investors each year and continues to grow exponentially
The Securities and Exchange Commission announced an open meeting will be held on October 28, 2020 during which the SEC will consider whether to adopt rules and related amendments...
Proskauer Rose LLP
On October 21, 2020 the U.S. Department of Labor's Office of Federal Contract Compliance Programs ("OFCCP") held a stakeholder call regarding the agency's implementation of Executive Order 13950...
Proskauer Rose LLP
During an October 21, 2020 "stakeholder" call, Director Leen took the opportunity to laud the agency's accomplishments over the past four years, including record financial recoveries.
Global Advertising Lawyers Alliance (GALA)
In China, data held by companies is not clearly protected as "property" under relevant laws. Instead, when pursuing litigation or administrative claims related...
Fenwick & West LLP
The order also applies limits to purportedly divisive DEI training within the military and federal agencies, and with respect to federal grant recipients.