We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 39

SEC gets five years to seek civil penalties for fraud

  • Holland & Knight LLP
  • -
  • USA
  • -
  • March 18 2013

On February 27, 2013, the U.S. Supreme Court decided that if the SEC wants to bring civil penalties against an investment adviser for fraud, there is

Federal Court keeps FHFA's mortgage-backed securities case against UBS alive

  • Holland & Knight LLP
  • -
  • USA
  • -
  • May 22 2012

On May 4, 2012, the United States District Court for the Southern District of New York rejected UBS Americas, Inc.'s motion to dismiss federal securities claims brought against it by the Federal Housing Finance Agency

Delaware Court of Chancery upholds confidentiality agreements and temporarily enjoins hostile bid

  • Holland & Knight LLP
  • -
  • USA
  • -
  • May 22 2012

In a recent case, the Delaware Court of Chancery upheld a pair of confidentiality agreements and temporarily enjoined an acquiror from prosecuting a proxy contest and proceeding with a hostile bid for its industry rival

Cornerstone Research releases report on securities class action settlements in 2011

  • Holland & Knight LLP
  • -
  • USA
  • -
  • March 26 2012

Cornerstone Research recently released its annual report on securities class action settlements for 2011

Delaware Chancery Court addresses indemnification and advancement of legal expenses

  • Holland & Knight LLP
  • -
  • USA
  • -
  • March 26 2012

A recent opinion from the Delaware Chancery Court addresses directors' and officers' indemnification and advancement rights

Two say-on-pay related derivative suits recently dismissed

  • Holland & Knight LLP
  • -
  • USA
  • -
  • March 26 2012

Recently, two say-on-pay related derivative suits were dismissed by courts in California and Maryland

Federal court holds that stock trades pursuant to 10b5-1 plans are evidence of scienter

  • Holland & Knight LLP
  • -
  • USA
  • -
  • February 7 2012

On November 23, 2011, the U.S. District Court for the Southern District of California denied a motion for summary judgment made by defendants in a securities fraud class action based, in part, on the grounds that the defendants' 10b5-1 trading plans were evidence of scienter

Southern District of New York dismisses Madoff suit by foreign investors under SLUSA

  • Holland & Knight LLP
  • -
  • USA
  • -
  • December 12 2011

On November 29, 2011, the Southern District of New York (SDNY), dismissed claims by a class of foreign plaintiffs who invested in foreign feeder funds that invested in the ponzi scheme orchestrated by Bernard L. Madoff ("Madoff") and Bernard L. Madoff Investment Securities LLC ("Madoff Securities"

Delaware court refuses to enjoin merger despite lack of typical fiduciary safeguards due to board's expertise in corporation's business

  • Holland & Knight LLP
  • -
  • USA
  • -
  • November 7 2011

Under Delaware law, a board of directors entering into a change of control transaction involving the sale of a company must secure the best value reasonably attainable for the company's stockholders

Supreme Court rules loss causation need not be proven at class certification

  • Holland & Knight LLP
  • -
  • USA
  • -
  • June 20 2011

On June 6, 2011, the U.S Supreme Court ruled that plaintiffs in securities fraud actions do not need to prove loss causation at the class certification stage