By Ellen Bardash | April 17, 2024
The three-judge panel ruled that the shareholders hadn't provided adequate facts to support their claims that Skillz, represented by Latham & Watkins, misled them.
By Avalon Zoppo | April 16, 2024
"It seems to us that, as an investor in Akorn whose shares' value was affected by the merger and the mootness fees, Frank has a claim in common with the main action; how could it be otherwise?" Judge Frank Easterbrook wrote for the court.
By Mason Lawlor | April 12, 2024
Due to growing concerns of infiltration by sexual predators, Meta shareholders included a proxy proposal that would require the company to implement more protections for minors on its social media platforms.
By Jimmy Hoover | April 12, 2024
Investors can bring such suits only when such omissions create "misleading half-truths," Justice Sonia Sotomayor wrote for a unanimous court.
By Maydeen Merino | April 10, 2024
"When you hear Democrats accuse Republicans of being 'anti-science,' they are proving our point that this rule is about the left's climate-policy agenda, not simply standardizing disclosures," said House Financial Services Committee Chair Patrick McHenry, R-North Carolina.
By Ellen Bardash | April 5, 2024
U.S. District Judge Angel Kelley wrote that Latham & Watkins-repped Homology Medicines Inc. "had no duty to disclose data in real time."
By Jane Wester | April 5, 2024
Jurors have begun deliberating on whether the cryptocurrency company and its founder defrauded investors by lying about the company's success.
By Maydeen Merino | April 2, 2024
"The commission should think about each rule proposal as an opportunity to foster a public discussion with the goal of developing the best solution to a carefully identified problem," Hester Peirce said at "SEC Speaks 2024."
By Amy Guthrie | April 1, 2024
Six investment groups had sought payment on securities that were linked to the South American country's economic growth.
By Riley Brennan | March 28, 2024
The plaintiff "does not allege any particular improper or inflated sales. Indeed, as defendants note, Zenoff identifies no individual stock sales at all," Judge Consuelo Callahan wrote on behalf of the court.
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