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Second Circuit Stresses Control, Not Attribution, In Applying Janus’s “Ultimate Authority” Test, And Also Allows Expert Testimony...

In Janus Capital, the Supreme Court established the “ultimate authority” test to determine who may be liable under Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) as a “maker” of a materially misleading...more

In re General Motors Company Derivative Litig., C.A. No. 9627-VCG (Del. Ch. June 26, 2015) (Glasscock, VC)

In this memorandum opinion, the Court of Chancery dismissed a derivative complaint under Rule 23.1, finding that plaintiffs failed to show that the board of directors (the “Board”) of General Motors Company (“GM”) acted in...more

An Overview of the 2014 Class Action Survey [Video]

To read the full 2014 Class Action Survey report, please visit Fifty-two percent of major companies are currently engaged in class action litigation. This percentage has remained fairly consistent...more

Automotive Quarterly - 3rd Quarter 2012

In This Issue: - VOLVO AGREES TO $1.5 MILLION LATE DEFECT REPORTING PENALTY. LARGER PENALTIES ON THE HORIZON. by Richard A. Wilhelm: NHTSA’s safety defect reporting regulations require manufacturers of motor...more

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