In the first test outside of Delaware, a California court ruled that federal forum selection provisions enacted by Delaware corporations should be enforced so long as they are not unreasonable, meaning they do not alter...more
Key Takeaways -
Salzberg, et al. and Blue Apron Holdings, Inc., et al. v. Sciabacucchi, Case No. 346, 2019, 2020 WL 1280785 (Del. Mar. 18, 2020), is a landmark decision critically important to companies preparing...more
In a ruling of potential importance for investment advisers and directors/trustees of registered investment companies, a California appellate court affirmed a lower court ruling on January 23, 2020 in Garth Jensen, et al. v....more
2/19/2020
/ Appeals ,
Asset Tracing ,
Board of Directors ,
ETFs ,
False Statements ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Judgment on the Pleadings ,
Misleading Statements ,
Offering Statements ,
Registered Investment Companies (RICs) ,
Registration Statement ,
Retail Investors ,
Secondary Markets ,
Securities Act of 1933 ,
Securities Fraud ,
Securities Litigation ,
Standing ,
Trustees