Proposed Bill Threatens Innovation in New York
- Jun 29 2018
Traveling is an amazing way to see the world. New York is an amazing place in the world to see. As the global capital of fashion, art, finance, and more, …
Category: Business Law
Marijuana And The Sec: Alleged False Statements Result In Enforcement Action
- May 28 2018
In the United States, support for legalizing marijuana has been growing. Thirty states and the District of Columbia have enacted legislation that legalize marijuana in some form. Eight states and …
Sec Enforcement News: Disclosure Violations And Insider Trading
- May 16 2018
The Securities and Exchange Commission (“SEC”) has been busy so far this month. In the latest roundup, this Blog looks at three enforcement actions taken by the SEC against hedge …
What Rights Do I Have As A Shareholder In A Private Company?
- May 7 2018
A shareholder is a part owner of a company. While many people understand this very basic concept in business matters, they may not realize what kinds of rights and responsibilities …
Sec Enforcement News: In First Of Its Kind, Sec Imposes Penalty On Company Over Data Breach Disclosures
- Apr 30 2018
On April 24, 2018, the Securities Exchange Commission (“SEC” or “Commission”) announced that Altaba, Inc. (“Altaba”), the successor in interest to Yahoo! Inc. (“Yahoo”), agreed to pay $35 million to …
Fraudulent Conveyance Claims Dismissed For Failure to Plead Fraud With Particularity
- Apr 23 2018
New York creditors often look to the Debtor and Creditor Law (the “DCL”), as well as the common law, to recover assets that have been (or may be) transferred by …
Despite The Festive Use Of Colorful Felt, Pine Cones And A Glue Gun, Martha Stewart Living Omnimedia, Inc. Is Denied Summary Judgment – Implied Covenant Of Good Faith And Fair Dealing Be Damned
- Apr 12 2018
Sometimes in litigation, the facts get in the way of the desired results. Such was the case for the defendant in Age Group, Ltd. v. Martha Stewart Living Omnimedia, Inc. …
Barclays Agrees To Pay $2 Billion To Settle Claims Related To The Issuance Of Residential Mortgage-Backed Securities
- Apr 2 2018
On March 29, 2018, the Department of Justice (“DOJ”) announced (here) that it had reached agreement with Barclays Capital, Inc. and several of its affiliates (together, “Barclays” or the “Bank”) …
Cyan V. Beaver County Employees Retirement Fund: Supreme Court Affirms State Court Jurisdiction Over Securities Act Class Actions
- Mar 26 2018
On March 20, 2018, the United States Supreme Court decided Cyan, Inc. v. Beaver County Employees Retirement Fund, No. 15-1439, in which it unanimously held that the Securities Litigation Uniform …
Is The Dol Fiduciary Rule Dead Or Alive?
- Mar 19 2018
Since the summer of 2016, this Blog has written about the Fiduciary Rule (the “Fiduciary Rule” or the “Rule”), which the Department of Labor (“DOL”) promulgated in April 2016. (See, …
