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Results: 1-10 of 200

SEC charges Citigroup and two executives in connection with misleading information regarding exposure to subprime assets
  • Alston & Bird LLP
  • USA
  • July 30 2010

Yesterday, the Securities and Exchange Commission ("SEC") charged Citigroup with misleading investors concerning the company's exposure to subprime mortgage-related assets


Individual members of LLC personally liable for torts committed in furtherance of the LLC’s business
  • Alston & Bird LLP
  • USA
  • June 20 2012

In the South Carolina case of 16 Jade Street, LLC v. R. Design Construction Company, the court wrestled with the scope of protection from tort liability provided to individual members of a limited liability company


Proxy challenge for Barnes & Noble falls short of needed votes
  • Alston & Bird LLP
  • USA
  • September 28 2010

Barnes & Noble issued a press release announcing preliminary results of shareholder voting at today's annual meeting


Sixth Circuit locks the door on ERISA class action in Taylor v. Keycorp
  • Alston & Bird LLP
  • USA
  • June 6 2012

On May 25, 2012, the United States Court of Appeals for the Sixth Circuit affirmed the dismissal of a class representative’s putative ERISA class action against KeyCorp and related defendants because the proffered “class representative” could not demonstrate that she suffered any actual injury from the alleged breach of fiduciary duty and, therefore, lacked standing


Year-end dividends
  • Alston & Bird LLP
  • USA
  • October 16 2012

Dividends received by December 31, 2012, may be the last dividends in decades to be taxed at a rate as low as 15 percent


Third Circuit decision addresses New Jersey gift card questions
  • Alston & Bird LLP
  • USA
  • January 24 2012

On January 5 the U.S. Court of Appeals for the Third Circuit issued its opinion in N.J. Retail Merchants Association v. Sidamon-Eristoff, a case involving the constitutionality of 2010 N.J. Laws Chapter 25 (the New Jersey Act), New Jersey’s recently enacted unclaimed property legislation affecting the treatment of stored value cards (SVCs


Cybersecurity: what directors need to know in an era of increased scrutiny
  • Alston & Bird LLP
  • USA
  • August 6 2014

"Boards that choose to ignore, or minimize, the importance of cybersecurity responsibility do so at their own peril." SEC Commissioner Luis A


ZIP, Zilch, Nada New Jersey repeals its requirement to collect ZIP codes from gift card purchasers
  • Alston & Bird LLP
  • USA
  • February 10 2015

Is the loss of major gift card distributors worth $17.5 million? Governor Chris Christie of New Jersey says no. On February 5, 2015, Governor


Policing breach of contract with fraud: Fourth Circuit adopts implied certification theory of liability under the FCA
  • Alston & Bird LLP
  • USA
  • May 18 2015

As every government contracts lawyer knows, the False Claims Act (FCA) was originally passed in the midst of the American Civil War to combat


The cloudy status of a “profits interest” holder as an LLC member
  • Alston & Bird LLP
  • USA
  • March 24 2015

The existence of federal jurisdiction in this case turned on whether an individual who held an unvested profits interest in a limited liability