Clint Foss

Dorsey & Whitney LLP

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Washington State to Require Gender Diversity on Public Company Boards or Board Diversity Disclosure

Effective as of June 11, 2020, the Washington State legislature has amended the Washington Business Corporation Act (“WBCA”) to require public companies to either have a gender-diverse board of directors by January 1, 2022 or...more

5/18/2020 / Board of Directors , Corporate Governance , Diversity , Publicly-Traded Companies , State and Local Government , Woman Board Members

SEC Updates Guidance on Shareholder Meetings Affected by COVID-19

On April 7, 2020, the SEC updated its prior guidance for conducting shareholder meetings in light of COVID-19 concerns to address delays in printing and mailing of proxy materials and clarify that its guidance applies for...more

4/15/2020 / Annual Meeting , Coronavirus/COVID-19 , Corporate Governance , Guidance Update , Proxy Materials , Publicly-Traded Companies , Securities and Exchange Commission (SEC) , Shareholder Meetings

House Overwhelmingly Passes Bill to Address 8-K Trading Gap

On January 14, 2020, the U.S. House of Representatives passed HR 4335, the “8-K Trading Gap Act of 2019” (the “Act”) by a bipartisan vote of 384 to 7. The Act is designed to stop company insiders from trading during the 8-K...more

1/30/2020 / Corporate Governance , Disclosure Requirements , Form 8-K , Insider Trading , Pending Legislation , Publicly-Traded Companies , Regulation FD , Securities and Exchange Commission (SEC)

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