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Delaware Chancery Court rejects allegations assailing independence of VC directors in dismissing derivative suit

USA - September 4 2015 A recent Delaware Chancery Court decision dismissing derivative fiduciary duty claims has significance for public companies with board members who...

Susan S. Muck, Dean Kristy.

SEC announces $30 million whistleblower award to non-U.S. resident

USA - September 27 2014 On Monday, September 22, 2014, the SEC announced that it expected to award between $30 and $35 million to a non-U.S. whistleblower who provided the...

Catherine Kevane, Susan S. Muck, Alexis I. Caloza.

Ninth Circuit issues key ruling on pleading of loss causation in securities class actions

USA - August 8 2014 On August 7, 2014, the Ninth Circuit issued a key opinion on the pleading of loss causation in securities class actions, ruling for the first time...

Felix S. Lee, Susan S. Muck, Marie Bafus.

Securities litigation alert: In re Pacific Pictures: new Ninth Circuit decision may be kryptonite to claims of privilege under the selective waiver doctrine

USA - April 20 2012 Corporations subject to criminal and civil regulatory investigations have long grappled with the highly charged decision over whether to provide the government with privileged communications and attorney work product or whether to maintain those materials as privileged despite a governmental inquiry....

Christopher J. Steskal, Susan S. Muck, Alexis I. Caloza.