Allison Kernisky

Allison Kernisky

Holland & Knight LLP

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SEC Requires First Admission of Wrongdoing Under Revised Settlement Policy

On August 19, 2013, the SEC announced that it settled with a hedge fund and its manager (the defendants) and required them to admit wrongdoing. In the consent, the defendants admit to a series of facts, including that the...more

9/11/2013 - Admissions of Liability Disclosure Fraud Investment Funds Investors Loans Managers SEC Settlement

Company's Forward-Looking Statements Protected by the PSLRA's Safe Harbor

On January 2, 2013, the U.S. District Court for the Southern District of New York dismissed a securities class action complaint filed against an online provider of medical information and three of its directors and officers,...more

1/9/2013 - Class Action PSLRA Rule 10b-5 Safe Harbors Securities Exchange Act WebMD

New York Sees Slight Rise In Bench Representation

The number of women judges in New York has increased 6 percent over the last 10 years, according to a Law360 article on a study conducted at the Albany Law School. The decade-long study, titled Women in Federal and...more

11/5/2012

Delaware Chancery Court Dismisses Merger Litigation Suit

The Delaware Court of Chancery recently ruled that a company's board of directors is vested with discretion to choose between competing buyout offers — even if the ultimate choice is favorable to the personal interests of the...more

9/10/2012 - Acquisitions Business Judgment Rule Fiduciary Duty Revlon Standard Shareholder Litigation

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