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March 06, 2024 | National Law Journal

Sharply Divided SEC Approves Climate Disclosure Rule

"The SEC has no role as to climate risk itself, but we do have a role with regard to disclosures," SEC Chair Gary Gensler said.
4 minute read
March 06, 2024 | New York Law Journal

SEC 'Neither-Understands/Nor-Cares' About Realities of Settlement Gag Rule

This article examines the SEC's no-admit/no-deny rule through the lens of the SEC's recent denial of a request to modify the rule filed by an external advocacy organization and concludes that the SEC should have given more consideration to amending the rule.
16 minute read
March 05, 2024 | National Law Journal

5th Circuit Seems Wary of Challenge to SEC Influence Over Shareholder Proposals on Proxies

Under the Securities Exchange Act, the SEC takes enforcement actions against companies that keep proposals off ballots without adequate justification.
4 minute read
March 05, 2024 | Litigation Daily

Dorsey & Whitney Hits Back Against Complaint Claiming Firm Dragged Its Feet on Malpractice Suit Against Fellow Big Firm

Michael Reger claims his lawyers at Dorsey & Whitney admitted their reluctance to sue Faegre Drinker over a steakhouse lunch in September 2022.
5 minute read
March 04, 2024 | The Recorder

Former Twitter Legal Chief, General Counsel and Other Executives Sue Elon Musk for Severance

"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
March 04, 2024 | National Law Journal

Former Twitter Legal Chief, General Counsel and Other Executives Sue Elon Musk for Severance

"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
March 04, 2024 | Delaware Business Court Insider

Elon Musk Faces Suit Over Severance Pay From Former Twitter Legal Chief, General Counsel and Other Executives

"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
March 04, 2024 | New York Law Journal

NYC's Fact-Finding Process Steers Toward In-House Agency

Ex-federal prosecutor Aaron Mendelsohn said the OID is an apolitical, yet essential function of Council that goes out into the streets, or makes requests for information directly to city agencies, to uncover facts that support Council's legislative and budget decisions.
4 minute read
March 04, 2024 | Corporate Counsel

ESG Schism Breaks Out at Trucking Company as Board Member Quits

"I'm not surprised. I think you very well will see more of that. I doubt this will be the only one," corporate governance expert Charles Elson said.
6 minute read
March 01, 2024 | The Recorder

On the Move: Tracking the Ins and Outs of California Lawyers

New hires, promotions and awards from across the California legal market.
5 minute read

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