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Meredith Defeats Securities Class Action in Eighth Circuit

USA - October 29 2021 Litigators secured a victory in the US Court of Appeals for the Eighth Circuit for long-time client Meredith Corporation and four of its senior…

Aaron Binstock, Michael D. Basile, Brian M. French, Kathleen Hartnett, Sarah Lightdale, Kevin Mills, David E. Mills, Julie Veroff, Bingxin Wu

SEC Enforcement Director Sets Aggressive Tone

USA - October 14 2021 Gurbir Grewal, the recently-appointed Director of the Securities and Exchange Commission’s Division of Enforcement, comes from a law enforcement…

Luke Cadigan, Julianne Landsvik, Randall Lee, Walker Newell

Ninth Circuit Rejects ‘Direct Listing’ Carve-Out from Securities Act Liability

USA - October 6 2021 On September 20, 2021, the United States Court of Appeals for the Ninth Circuit issued its much anticipated decision in Pirani v. Slack Technologies…

Jeff Lombard

SEC Charges Alternative Data Provider With Misrepresenting Data Sources

USA - September 23 2021 Last week the SEC brought securities fraud charges against App Annie and its co-founder and former CEO and Chairman Bertrand Schmitt…

Luke Cadigan, Nicolas Dumont, Randall Lee, Amie Simmons, Elizabeth Skey

Early SEC Enforcement Trends from Chairman Gary Gensler’s First 100 Days

USA - July 27 2021 Gary Gensler was sworn in as chair of the Securities and Exchange Commission on April 17, 2021. Chairman Gensler has promised to strengthen…

Luke Cadigan, Julianne Landsvik, Randall Lee, Walker Newell, Michael Welsh