Even as California’s courts block the state’s landmark pieces of legislation, the push for board diversity persists.
Over the last four years, California has enacted two landmark pieces of legislation regarding the...more
Financing terms in the VC market are tightening in a hurry.
As valuations of public company comparables crumble and VCs engage in stricter price discipline, startups able to raise money may only be able to do so at...more
Board diversity may become not just a requirement but smart business as many corporations seek to maintain relevance and purpose.
Nasdaq’s proposal would require most Nasdaq-listed companies to have, or explain why they do...more
Pending legislation would require public companies in California to have at least one director from an underrepresented community by the end of 2021 and would mark the second instance of California seeking to force the...more
Companies will need to address these amendments when preparing their future SEC reports to reflect the SEC’s changes to certain long-standing disclosure requirements.
Items 101 (Description of Business), 103 (Legal...more
As venture-backed companies increasingly face the prospect of a down round, directors, management and controlling shareholders must understand the lurking liabilities and follow appropriate procedures.
Corporate boards...more
COVID-19 has brought back financing terms not seen in the VC market since the last financial crisis.
As valuations of public company comparables crumble and VCs engage in stricter price discipline, start-ups able to raise...more
The SEC has provided conditional regulatory relief regarding filing deadlines and has issued guidance regarding annual meetings to assist public companies impacted by COVID-19. This alert addresses some of the most frequently...more
Legislation requires California public companies to have at least one woman director by the end of 2019.
Applies to public companies with a principal place of business in California as disclosed on Form 10-K....more
Pending legislation would require California public companies to have at least one woman director by the end of 2019.
Would apply to public companies with a principal place of business in California as disclosed on Form...more
Preliminary trends are emerging from the pay ratio disclosures filed by U.S. public companies in 2018.
Few companies use statistical sampling to identify their median employees and, instead, companies rely on a...more
3/22/2018
/ CACM ,
CEOs ,
Cost-of-Living Adjustment (COLA) ,
Disclosure Requirements ,
Executive Compensation ,
Item 402 ,
Median Employee ,
Pay Ratio ,
Proxy Season ,
Publicly-Traded Companies ,
Regulation S-K ,
Securities and Exchange Commission (SEC)
On May 25, 2018, the European Union’s data privacy regime is getting an upgrade and like many operating system upgrades, the EU’s new approach (the General Data Protection Regulation, or GDPR) is designed to improve...more
1/17/2018
/ Breach Notification Rule ,
Cybersecurity ,
Data Controller ,
Data Processors ,
Data Protection ,
Data Protection Officers (DPOs) ,
EU ,
EU Data Protection Laws ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Personal Data ,
Personally Identifiable Information
The California Department of Business Oversight has enacted final rules to implement an exemption from broker-dealer registration licensing requirements in California for individuals acting as “finders” in securities...more
8/10/2017
/ Broker-Dealer ,
Exceptions ,
Finder's Fees ,
Finders ,
Licensing Rules ,
New Rules ,
Registration Requirement ,
Securities ,
Securities Transactions ,
State and Local Government ,
Statement of Information