Peter Morrison on Securities and Exchange Commission (SEC)

Inside the Courts – An Update From Skadden Securities Litigators - December 2024

Key Points - - During its 2024 term, the U.S. Supreme Court is poised to provide important guidance on the Private Securities Litigation Reform Act’s (PSLRA’s) particularity requirement in NVIDIA Corp. v. E. Ohman J:or...more

Inside the Courts – An Update From Skadden Securities Litigators - October 2024

Ninth Circuit Affirms Dismissal of Insider Trading Claims Against Satellite Operator Investors Based on Stock Sales After FCC Chairman Vote - In re Silver Lake Grp., LLC Sec. Litig. (9th Cir. July 24, 2024) What to...more

Inside the Courts – An Update From Skadden Securities Litigators - May 2024

Spotlight - Macquarie Ruling Raises the Bar for Securities Fraud Claims - Key Points - - On April 12, 2024, the U.S. Supreme Court unanimously reversed and vacated the Second Circuit’s decision in Macquarie...more

5/23/2024 / Acquisitions , Commercial Litigation , Cryptocurrency , Entertainment Industry , Financial Institutions , Healthcare , Life Sciences , Macquarie Infrastructure Corp v Moab Partners LP , Media , Mergers , Publicly-Traded Companies , Real Estate Market , Retail Market , SCOTUS , Securities and Exchange Commission (SEC) , Securities Litigation , Securities Regulation

Inside the Courts – An Update From Skadden Securities Litigators - February 2024

Securities Class Actions Show No Signs of Slowing in 2024 - Key Points - While the volume of securities class actions filings has remained consistently elevated over the past several years, the composition of the class...more

3/5/2024 / Class Action , Corporate Governance , Digital Assets , Educational Institutions , Energy Sector , Entertainment Industry , Financial Services Industry , Healthcare , Life Sciences , Macquarie Infrastructure Corp v Moab Partners LP , Media , Publicly-Traded Companies , Retailers , SCOTUS , Securities and Exchange Commission (SEC) , Securities Exchange Act , Securities Litigation , Securities Regulation

Inside the Courts – An Update From Skadden Securities Litigators - December 2023

The U.S. Supreme Court will likely decide before the end of its current term whether the failure to make a disclosure pursuant to Item 303 of Regulation S-K can serve as the basis for a securities fraud claim under Section...more

Inside the Courts – An Update From Skadden Securities Litigators - September 2023

Two Sides of the Same Coin: Analyzing the Recent Ripple and Terraform Decisions - Key Points - - In July 2023, Judges Torres and Rakoff in the Southern District of New York issued rulings on whether digital asset sales...more

9/15/2023 / Acquisitions , Enforcement Actions , Entertainment Industry , Financial Institutions , Healthcare , Life Sciences , Media , Mergers , Securities and Exchange Commission (SEC) , Securities Litigation , Technology Sector

Inside the Courts – An Update From Skadden Securities Litigators - May 2023

Supreme Court Hears Argument on Traceability Requirement in Circuit-Split Slack v. Pirani - Key Points - - Before the end of June, the U.S. Supreme Court is expected to issue a decision in a high-profile securities case...more

Inside the Courts – An Update From Skadden Securities Litigators - March 2023

Circuits Split Over Whether Targeting Is Necessary for Seller Liability - Key Points - - While courts have long held that solicitations must be tailored to a particular audience to precipitate statutory seller liability,...more

Rise in Crypto Securities Filings Could Persist

Increased regulatory oversight and recent turmoil in the digital asset market have led to a rising number of securities litigations focusing on cryptocurrencies. Sixteen cryptocurrency-related class actions have been filed...more

12/19/2022 / Class Action , Cryptoassets , Cryptocurrency , Digital Assets , Enforcement , Regulatory Oversight , Securities , Securities and Exchange Commission (SEC) , Securities Litigation

Skadden’s 2023 Insights – Five Critical Areas for the Year Ahead

The pandemic’s impact may be subsiding, but businesses are encountering new challenges across the globe, including the potential for an economic retrenchment, rising interest rates, shifting regulatory and litigation...more

12/14/2022 / Acquisitions , Anti-Corruption , Antitrust Division , Banking Sector , Big Tech , Board of Directors , Bonds , Borrowers , Capital Markets , Capital Raising , China , Climate Change , Convertible Notes , Corporate Counsel , Corporate Governance , Corporate Restructuring , Creditors , Cross-Border , Cryptocurrency , Digital Assets , Due Diligence , Economic Sanctions , Enforcement , Environmental Social & Governance (ESG) , EU , Executive Compensation , Financial Services Industry , Forum Selection , Investigations , IRS , Lenders , Mergers , Money Laundering , Partnerships , Publicly-Traded Companies , Recessions , Repurchases , Russia , Securities , Securities and Exchange Commission (SEC) , Securities Litigation , Shareholders , Special Purpose Acquisition Companies (SPACs) , Taxation , Technology , UK , Vertical Mergers

Inside the Courts – An Update From Skadden Securities Litigators - December 2022

Cornerstone Research reports that during the first six months of 2022, plaintiffs filed 110 securities class actions, a pace that is generally in line — 2.8% higher — with what we saw in the second half of 2021. Looking...more

12/5/2022 / Class Action , Coronavirus/COVID-19 , Corporate Counsel , Corporate Sales Transactions , Cybersecurity , Enforcement Actions , FinTech , Futures , Healthcare , Initial Public Offering (IPO) , Life Sciences , Popular , Securities and Exchange Commission (SEC) , Securities Fraud , Securities Litigation , Stock Options

15th Annual Securities Litigation and Regulatory Enforcement Update: State of the Cryptocurrency Market

On October 11, 2022, Skadden held the first program, “State of the Cryptocurrency Market,” in our 15th Annual Securities Litigation and Regulatory Enforcement Update series. The panelists for this presentation were Alex...more

11/16/2022 / Blockchain , Cryptocurrency , Enforcement Actions , Initial Coin Offering (ICOs) , Securities and Exchange Commission (SEC) , Securities Litigation

Inside the Courts – An Update From Skadden Securities Litigators - September 2022

Derivative Litigation Eighth Circuit Affirms Dismissal of Derivative Securities Action - Carpenters’ Pension Fund of Ill. v. Neidorff, No. 20-3216 (8th Cir. 2022) - Following Centene Corporation’s merger with Health Net,...more

9/12/2022 / Board of Directors , Breach of Duty , Corporate Counsel , Derivative Suit , Fiduciary Duty , Materiality , Securities Act of 1933 , Securities and Exchange Commission (SEC) , Securities Exchange Act , Shareholder Litigation , Shareholders , SLUSA

Inside the Courts – An Update From Skadden Securities Litigators - May 2022

This quarter’s issue includes summaries and associated court opinions of selected cases principally decided between February and April 2022. Cryptocurrency Derivative Litigation Fiduciary Duties – Bylaws Material...more

5/24/2022 / Acquisitions , Coronavirus/COVID-19 , Material Misstatements , Mergers , Pleading Standards , PSLRA , Scienter , Securities and Exchange Commission (SEC) , Securities Exchange Act , Securities Fraud , Securities Litigation

Cryptocurrency Regulation and Enforcement at the US Federal and State Levels

In recent months, the increased focus on cryptocurrency regulation and enforcement at both the federal and state levels demonstrates the digital currency’s place as an established component of the financial landscape. At the...more

10/1/2021 / Anti-Money Laundering , Bank Secrecy Act , BitMEX , Blockchain , CFTC , Cryptocurrency , Decentralized Finance (DeFi) , Department of Justice (DOJ) , Digital Assets , Digital Currency , FinCEN , Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) , IRS , Office of Foreign Assets Control (OFAC) , Ransomware , Reporting Requirements , Securities and Exchange Commission (SEC)

Ruling on Issue of First Impression, Ninth Circuit Issues Decision on Statutory Standing in Direct Listing Cases

On September 20, 2021, in the first case by a U.S. Court of Appeals to have considered the issue, the Ninth Circuit U.S. Court of Appeals held that a shareholder plaintiff had statutory standing to pursue claims under...more

9/24/2021 / Capital Markets , Direct Listing , Initial Public Offering (IPO) , NYSE , Publicly-Traded Companies , Registration Statement , Securities and Exchange Commission (SEC) , Standing

Inside the Courts - June 2021

Books and Records - Court of Chancery Orders Production of Emails, Denies Production of Privileged Communications in Books and Records Action - Emps.’ Ret. Sys. of R.I. v. Facebook, Inc., C.A. No. 2020-0085-JRS (Del. Ch....more

6/9/2021 / Board of Directors , Books & Records , Breach of Duty , Fiduciary Duty , Pleading Standards , PSLRA , Putative Class Actions , Scienter , Securities and Exchange Commission (SEC) , Securities Exchange Act , Securities Fraud , SLUSA

Inside the Courts – An Update From Skadden Securities Litigators

This quarter’s issue includes summaries and associated court opinions of selected cases principally decided between July and October 2020. Class Certification - Cryptocurrency – Definition of a Security - Derivative...more

Ninth Circuit Finds That Information Obtained Through FOIA Requests May Constitute Corrective Disclosure

On November 3, 2020, in the second decision addressing the standards for pleading loss causation under the Securities Exchange Act of 1934 in the last month, the Ninth Circuit reversed in part the dismissal of a securities...more

11/9/2020 / Class Action , FOIA , Investors , Loss Causation , Money Laundering , Public Disclosure , Securities and Exchange Commission (SEC) , Securities Fraud

The Distributed Ledger: Blockchain, Digital Assets and Smart Contracts - October 2020

Recent and significant regulatory and legislative events in the digital asset space demonstrate the evolving and expanding approach by U.S. and international regulators to the burgeoning digital asset markets. These...more

Inside the Courts – An Update From Skadden Securities Litigators - April 2020

This issue includes summaries and associated court opinions of selected cases principally decided between October 2019 and January 2020. ...more

4/6/2020 / Aiding and Abetting , Books & Records , Breach of Duty , Bylaws , CEOs , Civil Liability , Collateral Estoppel , Criminal Convictions , DE Supreme Court , Demand Futility , Derivative Suit , Dismissals , Enforcement Actions , Exchange-Traded Products , False Statements , Federal Pleading Requirements , Fiduciary Duty , Initial Public Offering (IPO) , Injunctions , Investment Adviser , Item 303 , Lack of Particularity , Mergers , Misleading Statements , Misrepresentation , Notice Requirements , Price-Fixing , PSLRA , Pyramid Schemes , Registration Statement , RICO , Scienter , Scope of Discovery Requests , Section 11 , Section 220 Request , Securities and Exchange Commission (SEC) , Securities Exchange Act , Securities Fraud , Securities Litigation , Securities Violations , Shareholder Litigation , Shareholder Votes , Summary Judgment

4/30/2019 / Blockchain , Corporate Counsel , Cryptocurrency , Digital Assets , Enforcement Actions , FinHub , Howey , Initial Coin Offering (ICOs) , No-Action Letters , Popular , Proposed Legislation , Securities , Securities and Exchange Commission (SEC) , Securities Exchange Act , Securities Tokens , Settlement Agreements

Peter Morrison

Skadden, Arps, Slate, Meagher & Flom LLP

Popular Topics by This Author

Latest Posts › Securities and Exchange Commission (SEC)