By Maydeen Merino | March 18, 2024
"Our Constitution empowers only Congress to make the law and importantly to take responsibility for the consequences," said Rep. Andy Ogles.
Delaware Business Court Insider | News
By Ellen Bardash | March 15, 2024
A motion to dismiss filed by the private equity firm's Debevoise & Plimpton attorneys argued a liquidation trustee for a soap and hair care product distributor didn't have standing to bring fraud claims and hadn't adequately pled them in the complaint.
By Maydeen Merino | March 7, 2024
Supporters cite the SEC's string of disclosure requirements for public companies, while opponents say none of those other mandates addresses environmental oversight.
By Jimmy Hoover | March 7, 2024
Both cases involve the plaintiffs' heightened pleading requirements that resulted from the 1995 Private Securities Litigation Reform Act.
By Jane Wester | March 7, 2024
New York's Southern District continued to be the leading destination for cases, with Delaware second. The Brooklyn-based Eastern District was third and the Northern District of California fourth, the study said.
By Maydeen Merino | March 6, 2024
"This is yet another attempt to advance an agenda without statutory authority," West Virginia Attorney General Patrick Morrisey said.
By Maydeen Merino | March 6, 2024
"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.
By Ross Todd | March 6, 2024
Among last year's settlements, the median time from when a case was filed to a settlement hearing date was 3.7 years, the second-highest for any year in Cornerstone Research records going back to 1996.
Delaware Business Court Insider | News
By Ellen Bardash | March 5, 2024
The SEC's case against Terraform is scheduled to go to trial March 25, and the debtors' counsel moved last week for the bankruptcy court to allow Dentons to serve as special counsel.
By Avalon Zoppo | March 5, 2024
Under the Securities Exchange Act, the SEC takes enforcement actions against companies that keep proposals off ballots without adequate justification.
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