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Fifth Circuit Affirms Dismissal of Derivative Suit Against Mutual Fund Adviser and Trustees

The Fifth Circuit Court of Appeals recently affirmed the dismissal of a shareholder derivative suit filed against the manager and trustees of a Massachusetts business trust and SEC-registered investment company. In doing so,...more

2021: A New Year, the Same Fear - Why Companies Should Expect a Wave of PPP Investigations

Four months after the expiration of the $659 billion forgivable loan relief program established by the CARES Act, the federal government has disbursed approximately 5.2 million Paycheck Protection Program (PPP) loans....more

SEC Speaks 2020: Enforcement and Examination Highlights

On October 8 and 9, the Securities and Exchange Commission (SEC or Commission) held its annual “SEC Speaks” program in partnership with the Practicing Law Institute, this year in a virtual format and after a several-month...more

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