Galia Porat

Galia Porat

Dechert LLP

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Second Circuit Court of Appeals Issues Significant Insider Trading Ruling in U.S. v. Newman

Earlier today, the Second Circuit Court of Appeals issued its most significant ruling in an insider trading case in more than a decade. That opinion is available here. The Second Circuit vacated the criminal convictions of...more

12/11/2014 - Appeals Dell Indictments Insider Trading Nvidia Reversal US v Newman

City of Pontiac Policemen's and Firemen's Retirement System v. UBS AG: The Second Circuit Court of Appeals Further Limits the...

Last week, the U.S. Court of Appeals for the Second Circuit issued its opinion in City of Pontiac Policemen's and Firemen's Retirement System v. UBS AG, No 12-4355, slip op. (2d Cir. May 6, 2014) ("City of Pontiac"), further...more

5/12/2014 - Extraterritoriality Rules Securities Exchange Act Securities Litigation

The First Circuit Court of Appeals Articulates a Stricter Independence Standard for Fund Directors When Evaluating Demand...

The U.S. Court of Appeals for the First Circuit, in Unión de Empleados de Muelles de Puerto Rico PRSSA Welfare Plan, v. UBS Financial Services Inc. of Puerto Rico, No. 11-1605, --- F.3d ----, 2013 WL 49818 (1st Cir. Jan. 4,...more

1/23/2013 - Appeals Board of Directors Demand Futility Derivative Suit Investment Adviser Pensions Shareholder Demands Shareholder Litigation

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