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Proxy Statements Material Disclosures

A&O Shearman

Delaware District Court Allows Shareholder Class Action Suit To Proceed

A&O Shearman on

On March 13, 2017, the United States District Court for the District of Delaware rejected LRR Energy L.P. (“LRR”) and Vanguard Natural Resources, LLC’s (“Vanguard”) motion to dismiss, allowing the putative shareholder class...more

Latham & Watkins LLP

Recommended Proxy Disclosure for Director Elections and Other Proposals

Latham & Watkins LLP on

Tips and forms you can use for drafting your proxy statement to increase clarity and avoid pitfalls. In February 2016, the SEC warned that among a broad selection of companies, poorly-drafted, ambiguous and sometimes...more

Morris James LLP

Court Of Chancery Explains When Disclosures Required Absent A Stockholder Vote

Morris James LLP on

This is an interesting decision for two reasons. First, it explains when directors might have a duty to cause the company to make disclosures to the stockholders about transactions that do not require the stockholders’ vote....more

Stinson - Corporate & Securities Law Blog

Say-On-Pay Vote Did Not Create Disclosure Obligation

In Liang v. Berger, the plaintiff in a derivative action alleged the officers and directors of ARAID Pharmaceuticals failed to disclose material negative information about a drug under development in a timely manner. Among...more

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