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Court Clarifies Record Date and Indicates Willingness to Approve Proposed Settlement in Renren Derivative Litigation

USA - May 25 2022 In our recent article What Rejected Renren Settlement Means for Investor Suits, we analyzed Justice Andrew Borrok's decision rejecting a proposed…

Muhammad U. Faridi, Peter Y. Shakro

Delaware Court Holds that SPAC Sponsor’s “Founder Shares” Created a Conflict of Interest with Public Stockholders

USA - February 1 2022 In 2021, there were 613 initial public offerings (“IPOs”) of Special Purpose Acquisition Companies (“SPACs”), after 248 SPACs went public in 2020 and…

H. Gregory Baker

The Minted Complaint: Another Case Brought Under the CCPA’s Private Right of Action

USA - July 23 2020 Well before the California Attorney General’s power to enforce the California Consumer Privacy Act (CCPA) commenced on July 1, 2020, as we have…

Michael F. Buchanan, Patricia S. Kim, Peter A. Nelson

Privacy Suits Against Zoom and Houseparty Test the CCPA’s Private Right of Action

USA - April 28 2020 Over the past month, many have discovered video chat and conferencing apps such as Zoom and Houseparty, using them for both business and to keep…

Alejandro H. Cruz, W. Scott Kim

Consumer Reports Opposes Efforts to Delay CCPA Enforcement Due to COVID-19

USA - March 25 2020 Businesses, consumers, and regulators continue to grapple with balancing privacy, cybersecurity, and the response to the COVID-19 pandemic. Last week…

Alejandro H. Cruz, Peter A. Nelson