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April 17, 2024 | Delaware Business Court Insider

JPMorgan Wins Dismissal in Chancery Case Over Zelle Compliance

Chancellor Kathaleen St.J. McCormick concluded that shareholder plaintiffs failed to adequately plead that JPMorgan's directors knew of and ignored concerns about the bank's compliance with reimbursement laws.
3 minute read
February 26, 2024 | Texas Lawyer

DENIED: No New Trial as Munsch Hardt Lawyers Preserve $8.25M Award

The Dallas Appeals Court upheld an $8.25 million judgment in a securities fraud case where the solicitor and seller of stocks was found to have misrepresented the investment plan.
4 minute read
October 27, 2022 | Delaware Law Weekly

Superior Court Rules Verizon to Recover $120M From Insurers

"The securities claim definition at issue here is in a standard form that is used by policyholders across the country," said Keith McKenna, a partner at Cohen Ziffer Frenchman & McKenna.
4 minute read
September 01, 2022 | The American Lawyer

Brown Rudnick Supercharges Digital Commerce Offering With 5-Lawyer Anderson Kill Team

"We have a need for a firm with tech M&A, cross-border deal experience, and also nuanced regulatory experience to advise on securities law issues, Bank Secrecy Act issues, and Office of Foreign Assets Control sanctions," said Stephen Palley, the new co-chair of Brown Rudnick's digital commerce practice.
4 minute read
April 28, 2022 | Delaware Business Court Insider

'Far From Perfect': While Elon Musk Was Overly Involved, Court Says Tesla Board Assured SolarCity Deal Was Fair

Any sway Musk may have had over the deal process was canceled out by chair Robyn Denholm acting as an "indisputedly independent" director guiding the board's decision, Vice Chancellor Joseph Slights found.
4 minute read
Law Journal Press | Digital Book Anatomy of a Merger: Strategies and Techniques for Negotiating Corporate Acquisitions Authors: James C. Freund View this Book

View more book results for the query "Anderson Group Inc"

July 27, 2021 | Delaware Business Court Insider

After Tesla Trial, Attorneys in Case Over SolarCity Deal Prepare for Next Steps

Claims that have now been pending for nearly five years still aren't expected to be resolved with a court decision for months.
3 minute read
July 27, 2021 | Delaware Law Weekly

After Tesla Trial, Attorneys in Case Over Challenged SolarCity Deal Prepare for Next Steps

The claims that have now been pending for nearly five years still aren't expected to be resolved with a court decision for months.
3 minute read
June 14, 2021 | Delaware Business Court Insider

Executives Resign as Lordstown Securities Cases Are Consolidated in Delaware

U.S. District Judge Leonard P. Stark is presiding over the now-consolidated action in which Lordstown shareholders have claimed the Ohio-based company is far from meeting the benchmarks it's been touting for the production of the Endurance, the first electric full-size pickup truck.
3 minute read
June 09, 2020 | The Recorder

'Cynical Multimillion-Dollar Hoax': DOJ Charges Medical Tech Company With Fraud Amid COVID-19

Arrayit Corp. has been charged with the DOJ's first criminal securities fraud prosecution related to the COVID-19 pandemic.
3 minute read

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