TroyGould PC

SEC Lifts Ban on General Solicitation for Rule 506 Offerings

On July 10, 2013, the SEC amended Rule 506 of Regulation D as required by Section 201(a) of the JOBS Act, allowing companies to openly advertise the sale of their securities in private offerings. Under new Rule 506(c), an…more

| Business Organizations, Finance & Banking, Securities Law

Supreme Court Narrows Another Loophole for Escaping Arbitration

The U.S. Supreme Court holds that arbitration provisions waiving class actions must be rigrorously enforced, even when the cost of arbitrating on an indivdidual basis far exceeds the potential recovery…more

| Alternative Dispute Resolution (ADR), Business Organizations, Commercial...

New Seven-Hour Deposition Time Limits in California

On January 1, 2013, new rules imposing a time limit on oral depositions in California took effect. The passage of AB 1875, codified at Code of Civil Procedure Section 2025.290, limits depositions to seven hours per witness in a…more

| Civil Procedure

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