SEC Staff Issues Report on the Cross-Border Scope of Private Rights of Action for Securities Fraud by Sheppard Mullin Richter & Hampton LLP on 5/10/2012 The staff of the Securities and Exchange Commission (“SEC”) recently released a study on the cross-border scope of the private right of action under Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”),...more
Open Letter from Senate Finance Committee Seeks Fraud-Fighting Input by Mintz Levin - Health Law on 5/3/2012 Yesterday the Senate Finance Committee posted an open letter on its website to the health care sector soliciting industry stakeholder insights on ways to combat fraud, waste, and abuse in the Medicare and Medicaid programs. ...more
Senate Passes House-Amended Insider Trading Legislation by Patton Boggs LLP on 3/27/2012 On Thursday, March 22, the Senate cleared the House version of the Stop Trading on Congressional Knowledge Act (STOCK Act) by unanimous consent. The legislation will now head to the President’s desk to be signed into law. The...more
Federal Court Rejects Shareholder “Say-on-Pay” Suit by Dechert LLP on 3/15/2012 The U.S. District Court for the Northern District of California on March 7, 2012 dismissed a derivative suit brought by shareholders of Intersil Corporation for breach of fiduciary duty premised on shareholders’ disapproval...more
Congress Finally Addresses Insider Trading. . . For Itself by Fox Rothschild on 2/16/2012 Insider trading has been of great attention over the last few years, resulting in some high profile prosecutions and large fines. Yet, until very recently, Congress has been immune from the constraints against insider...more
This Week in Washington - February 12, 2012 by Patton Boggs LLP on 2/15/2012 In This Issue: - DOMESTIC POLICY MATTERS Budget. Next Monday, President Obama will release his Fiscal Year 2013 budget proposal. On Wednesday, the House passed “The Expedited Legislative...more
The Legacy Of The Commissioner Who Was Indicted by Allen Matkins Leck Gamble Mallory & Natsis... on 12/20/2011 In an earlier post, I wrote about Edwin M. (“Mike”) Daugherty who served as California’s Commissioner of Corporations from 1922 until 1926 and then from 1931 to 1954. He was succeeded by interim Commissioner Clifford J....more
A Friday Video And Former Board Member Sues CalPERS by Allen Matkins Leck Gamble Mallory & Natsis... on 10/21/2011 19th Annual NASPP Conference in San Francisco. We all have a sense of how voting should work. Voting, however, is a very complicated subject and one in which errors are frequently made. Companies may incorrectly describe...more
Tort Reform Won’t Address Huge Regional Disparities in Malpractice Insurance Fees by Patrick Malone & Associates P.C. | DC Injury... on 6/15/2011 Physician groups and health insurers often blame excessive malpractice settlements for the high rates that doctors have to pay to obtain malpractice liability insurance. But a recent analysis indicates that regional...more
CalPERS’ Annus Horribilis: How Much Worse Will It Get? by Allen Matkins Leck Gamble Mallory & Natsis... on 6/13/2011 The news keeps getting worse for the nation’s largest public pension fund – the California Public Employees Retirement System. On Saturday, Los Angeles Times reporter Marc Lifsher reported in this story that CalPERS has...more
New Hampshire Governor Fights Subpoena Over Efforts to Dip Into Malpractice Fund to Reduce Budget Deficit by Patrick Malone & Associates P.C. | DC Injury... on 4/14/2011 The governor and attorney general of New Hampshire are fighting a subpoena to testify about state efforts to take $110 million from a malpractice fund to plug a budget hole. Policyholders of the medical malpractice Joint...more
Responding to a business need, or an excuse to change the Bribery Act? by PHILIP HENSON on 3/25/2011 Responding to a business need, or an excuse to change the Bribery Act? An announcement in January that the UK government will review the Bribery Act may indicate that No.10 intends to reverse the trend towards tackling...more
Smith v. Trailer Estates Park and Recreation District Final Judgment in favor of Trailer Estates Park and Recreation District by Kurt Lee on 11/4/2010 The attached Final Judgment in favor of my client, Trailer Estates Park and Recreation District, was entered by the Court following a seven (7) day non-jury trial. The Court found in favor of Trailer Estates Park and...more
Newsletter of the Advertising, Marketing & Media Practice Group of Manatt, Phelps & Phillips, LLP by Manatt, Phelps & Phillips, LLP on 11/14/2008 IN THIS ISSUE: *Reminder ? We?ll See You in Chicago on November 20 at the 30th Annual PMA Law Conference *Obama, Democrat Win Could Mean More Ad Rules *After Warning, Starbucks Alters Election Day Promo *Brand Owners...more