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Prospectus Criminal Liability

Allen Matkins

When Signing A Subscription Agreement Is A Crime

Allen Matkins on

Chapter 22 of the California General Corporation Law is devoted to crimes and penalties. Some of these crimes are surprising. Section 2252, for example, imposes criminal liability on every person who "signs to any...more

Jones Day

Australian IPOs and Takeovers: Liability Has Increased, Defences Are Eroded - Civil penalty liability now affects prospectuses and...

Jones Day on

Liability for companies launching an Australian IPO or takeover changed significantly this year—with not so much as a murmur of protest from the market. Due diligence just got more important, but the reason may surprise you. ...more

Allen Matkins

Are Felonious Statements Under The General Corporation Law Actionable?

Allen Matkins on

Section 2254 of the California Corporations declares it a felony for a director, officer or agent of any corporation, whether domestic or foreign, to knowingly concur in making, publishing or posting either generally or...more

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