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April 12, 2024 | National Law Journal

In Win for Securities Industry, Justices Curb Investor Suits Over 'Pure Omissions'

Investors can bring such suits only when such omissions create "misleading half-truths," Justice Sonia Sotomayor wrote for a unanimous court.
4 minute read
Macquarie Infrastructure Corp. v. Moab Partners, L. P.
Publication Date: 2024-04-12
Practice Area: Securities Litigation
Industry: Energy
Court: U.S. Supreme Court
Judge: Judge Sotomayor
Attorneys:
For plaintiff:
For defendant:
Case number: 22-1165

Pure omissions not actionable under Rule 10b5(b)

Appellate Division, Second Department: April 12, 2024
Publication Date: 2024-04-12
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, Second Department, Hand Down List
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Handdown List released on:April 10, 2024

April 11, 2024 | Corporate Counsel

ADM Emptied the Silo to Lure Aboard New General Counsel

Archer-Daniels-Midland says Regina Bynote Jones forfeited $3.95 million in cash and unvested equity by resigning from her last job. It removed those golden handcuffs, agreeing to make her whole.
2 minute read
April 11, 2024 | Law.com

Pinterest's Wanji Walcott Returns to the $10M Pay Club, Thanks to Sweeteners in First Contract

Walcott jumped aboard Pinterest in November 2022, enticed by CEO Bill Ready, a former colleague, to join the effort to turbocharge the image-sharing platform's performance.
4 minute read
April 10, 2024 | National Law Journal

GOP Lawmakers Seek to Block SEC's Climate Disclosure Rule Via Legislation If Not Litigation

"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.
4 minute read
April 10, 2024 | Corporate Counsel

HubSpot Legal Boss Poised for Big Payout as Acquisition Speculation Swirls

Just 15 months into Alyssa Harvey Dawson's tenure as legal chief of HubSpot, Reuters is reporting that Alphabet is considering making an offer for the fast-growing competitor to Salesforce.
3 minute read
April 10, 2024 | Delaware Business Court Insider

Terra Luna—Marking the Beginning and the End of the 'Crypto Winter'?

Does Terra's bankruptcy mark the end of the "Crypto Winter"? The recent rebound of the cryptocurrency market seems to suggest so, particularly with Bitcoin setting a new all-time high of $73,805.27 on March 14, 2024.
5 minute read
April 09, 2024 | Texas Lawyer

Newsmakers: Bracewell Expands Energy Practice With Addition of Parker Lee in New York

Also: Moves at Sargent Law, Hilgers Graben and Baker Donelson.
6 minute read
April 09, 2024 | New York Law Journal

Foreign Extortion Prevention Act: What US Entities Should Know and Why It's Relevant Today

This article discusses the recently enacted Foreign Extortion Prevention Act, which—unlike the Foreign Corrupt Practices Act—focuses on the demand-side of bribe payments. But will FEPA also create more potential exposure for U.S. entities? What should U.S. companies do today to prepare?
8 minute read

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