Ninth Circuit Holds Loss Causation May Be Predicated on Information Potentially Available Under Freedom of Information Act; D.C. Circuit Upholds FINRA’s Permanent Ban of Broker Accused of Misconduct After Finding SCOTUS...more
11/20/2020
/ Aiding and Abetting ,
Banks ,
Breach of Duty ,
Broker-Dealer ,
Class Action ,
Dismissals ,
Enforcement Actions ,
Fiduciary Duty ,
Financial Industry Regulatory Authority (FINRA) ,
FOIA ,
Fraud ,
Investors ,
Loss Causation ,
Money Laundering ,
Petition for Review ,
Ponzi Scheme ,
Public Disclosure ,
Putative Class Actions ,
Reversal ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Fraud ,
Securities Violations ,
Shareholders ,
Unjust Enrichment ,
Whistleblowers
Delaware Supreme Court Holds Appraisal Action is Not “Securities Claim” Covered by D&O Insurance Policy; Delaware Supreme Court Affirms Dismissal of Derivative Claims Against Life Sciences Company For Failure to Plead Demand...more
11/9/2020
/ Appraisal ,
Covered Claims ,
Cryptocurrency ,
D&O Insurance ,
DE Supreme Court ,
Denial of Insurance Coverage ,
Derivative Suit ,
Dismissal With Prejudice ,
Dismissals ,
Enforcement Actions ,
Initial Coin Offering (ICOs) ,
Initial Public Offering (IPO) ,
Insurance Claims ,
Popular ,
Proposed Legislation ,
Publicly-Traded Companies ,
Securities Act ,
Securities Exchange Act ,
Securities Litigation ,
Token Sales
California State Court Upholds Exclusive Federal Forum-Selection Charter Provision for 1933 Act Suits; California District Court Dismisses Fraud-Related Claims Against AT&T; Third Circuit Holds Challenge to SEC’s Decision to...more
9/24/2020
/ Administrative Procedure Act ,
Breach of Duty ,
Broker-Dealer ,
Certificates of Incorporation ,
Class Action ,
Constitutional Challenges ,
Cryptocurrency ,
Data Breach ,
Data Security ,
Delaware General Corporation Law ,
Dismissal With Prejudice ,
Dismissals ,
Duty of Care ,
Duty of Loyalty ,
Duty to Disclose ,
Enforcement Actions ,
Exclusive Forum ,
Fiduciary Duty ,
Forum Selection ,
Good Faith ,
Hackers ,
Investigations ,
Misrepresentation ,
Motion to Dismiss ,
Popular ,
Punitive Damages ,
Reversal ,
Securities Act of 1933 ,
Securities Exchange Act ,
Securities Fraud ,
Securities Litigation ,
Sovereign Immunity ,
Subject Matter Jurisdiction ,
Subpoenas ,
Tender Offers ,
Unenforceable Contract Terms
The emergence of COVID-19 has led to increased litigation and government activity across all industries, and this trend is only likely to accelerate. To assist you in better understanding your risk, we have examined matters...more