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Corporate Officers › 16(b)

Skadden, Arps, Slate, Meagher & Flom LLP

Executive Compensation and Benefits Alert: Nuisance Plaintiffs Pursue Novel Theories to Exact Section 16 Settlements

Skadden, Arps, Slate, Meagher & Flom LLP on

The so-called “short-swing profit rule” under Securities Exchange Act Section 16(b) generally prohibits officers and directors as well as 10 percent shareholders of a U.S. public company from profiting from any purchase or...more

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