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SEC Pauses Climate Disclosure Rule Amid Legal Challenges
"[T]he Commission will continue vigorously defending the Final Rules' validity in court and looks forward to expeditious resolution of the litigation," the SEC said.
Massachusetts Court: 'Real Time' Clinical Trial Data Not Needed to Avoid Securities Claims
U.S. District Judge Angel Kelley wrote that Latham & Watkins-repped Homology Medicines Inc. "had no duty to disclose data in real time."
'Failure Is Not Fraud': Dentons Partner, SEC Make Closing Arguments in Terraform Civil Fraud Trial
After hearing nearly two weeks of evidence in the civil fraud case, jurors in the Southern District of New York on Friday began deliberating on whether cryptocurrency company Terraform Labs and its founder Do Kwon defrauded investors by lying about the company's success.
'Failure Is Not Fraud': SEC, Dentons Partner Make Closing Arguments in Terraform Civil Fraud Trial
Jurors have begun deliberating on whether the cryptocurrency company and its founder defrauded investors by lying about the company's success.
SEC Lacks 'Genuine Engagement' With Public, Commissioner Peirce Says
"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."
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Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition
Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner
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Sullivan & Cromwell Wins Dismissal of Hedge Fund Case Against Argentina in U.S. Court
Six investment groups had sought payment on securities that were linked to the South American country's economic growth.
Uber's 'Superficial Safety Efforts' Called Out in Derivative Suit
The lawsuit alleges that if Uber's board members and executives had made a point to implement safety measures like screening drivers more carefully, the company might not now be facing liability in the hundreds of cases in which riders, primarily women, say they were sexually assaulted.
Gibbons' Securities Team Co-Chair to Defend The Children's Place Specialty Retailer
Attorney Donald A. Ecklund, a partner with Carella, Byrne Cecchi, Brody & Agnello in Roseland, New Jersey, filed the suit on behalf of Randeep Singh Khalsa against The Children's Place, and its top leaders, on Feb. 28 in the U.S. District Court for the District of New Jersey after the company announced its preliminary fourth-quarter fiscal year 2023 financial results.
Guggenheim Securities Sues Over Alleged $11 Million Contract Breach
Plaintiffs claim entertainment firm Falcon's Beyond Global–which designs and operates experiences for venues like theme parks, zoos, and museums–has failed to pay them anything following a successful merger.
9th Circuit Rejects Securities Allegations Against Biotech Company's COVID-19 'Cure' Claim
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.TRENDING STORIES
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