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Fiduciary Duty › Stock Trades

BCLP

A few lessons for internal and outside counsel from the WorldCom collapse - 20 years later

BCLP on

It has now been 20 years since the historic collapse of WorldCom, Inc. (“WorldCom” or the “Company”). A review of the WorldCom collapse yields some continuing lessons for corporate counsel....more

Wilson Sonsini Goodrich & Rosati

Coronavirus Update: Frequent Questions We Are Receiving

Wilson Sonsini Goodrich & Rosati on

The novel coronavirus (COVID-19) is affecting all aspects of our clients' businesses, not to mention their personal lives. We are fielding numerous legal and practical questions in many different substantive areas and will...more

Proskauer - Employee Benefits & Executive...

Second Circuit Dismisses Lehman Brother’s ERISA Stock-Drop Action

Proskauer - Employee Benefits & Executive... on

The Second Circuit recently affirmed the dismissal of former Lehman Brothers employees’ fiduciary breach claims relating to their investment in the Lehman Brothers stock fund through their 401(k) plan. Rinehart v. Akers, 2013...more

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