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High Court: Section 11 Securities Plaintiffs Must Trace Shares to Challenged Registration Statement
The court's opinion endorses a large body of lower court authority that had come to the same conclusion, and it also makes clear that this tracing requirement applies with full force to Section 11 suits arising from "direct" listings.
Sharpening Old Tools: NY Prosecutors Drop the Hammer on Crypto in Innovative Ways
Although government enforcers plainly remain undeterred, reckoning with these thorny legal issues introduces additional complications to any enforcement action. To cut the Gordian knot, New York prosecutors increasingly take a different tack: charging defendants in the cryptocurrency space under neutral statutes that do not require the government to prove that the asset in question is a security or commodity.
Generative AI and Patent Considerations
A patent strategy informed by the unique considerations raised by generative AI will optimize protections for innovations in the field. Patent strategies should reflect the current legal landscape as well as anticipate potential future legal developments.
Decision of the Day: Court Declines to Disqualify Attorney; Facts in Case Differ From Previous Cases
This ruling was selected and summarized by the New York Law Journal's decision editors.
Farewell, Judge: This Fulton County Jurist Is 'Seeking to Get an "A" in Retirement'
Effective June 1, the Fulton County Superior Court judge's retirement leaves a vacancy in the Family Division.
Law Journal Press | Digital Book
Pennsylvania Causes of Action, 12th Edition
Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN
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Small Connecticut Law Firm Is Challenging a Statute That Blocks 3 Class Actions
"The restaurants continued their practices, and because class certifications were denied, they were not held responsible," attorney Richard Hayber claimed.
Controlling Person Liability: Circuit Split Increasingly Relevant
"Controlling person liability" claims have become increasingly common in securities litigation. Due to a circuit split in how these claims can be established, plaintiffs have taken advantage of the relatively low threshold required in some jurisdictions to establish a prima facie case of controlling person liability.
Customer-Care Giant Hires San Diego-Based Outside Counsel as Legal Chief
Teri O'Brien, a fixture of the San Diego legal scene for two decades, is becoming the top lawyer for Teleperformance, which has 410,000 employees in 91 countries.
Paris-Based Customer-Care Giant Hires US Outside Counsel as Legal Chief
Teri O'Brien, a fixture of the San Diego legal scene for two decades, is becoming the top lawyer for Teleperformance, which has 410,000 employees in 91 countries.
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