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Securities Law Exchange Blog

Articles: 1-10 of 47

COVID-19: Mitigating Enforcement and Litigation Disclosure Risks for Public Companies

USA - March 25 2020 The COVID-19 pandemic has created a disclosure nightmare for public companies. The Securities and Exchange Commission (SEC) has recognized this…

SEC Staff Provides Relief to “Manual Signature” Retention Requirement in Light of COVID-19 Concerns

USA - March 25 2020 The Staff of the various Securities Exchange Commission (SEC) divisions, including the Division of Corporation Finance, issued an announcement on…

States Remove Barriers to Virtual Annual Meetings in Light of COVID-19 Pandemic

USA - March 23 2020 In a previous blog post, we discussed the availability of virtual shareholder meetings (i.e., “virtual-only” and “hybrid” meetings) as a potential…

Senior Management and Boards in the Time of Social Distancing

USA - March 18 2020 The ongoing fallout from the pandemic associated with the novel coronavirus (COVID-19) continues to challenge companies, boards and management teams…

COVID-19 and Material Adverse Change: M&A and Financing Considerations

USA - March 16 2020 The novel coronavirus (COVID-19) has already proven to have profound social, political and economic effects on the world, impacting nearly every…

COVID-19 Pandemic Causes Public Companies to Reevaluate Virtual Meetings

USA - March 13 2020 Across the globe, the coronavirus pandemic (COVID-19) is causing governments, companies, associations and colleges and universities to take…

SEC Staff Comments on Chegg’s Data Breach Disclosure and Response; A Real Life Example

USA - February 18 2020 One thing I appreciate about the SEC comment letter process is that it gives real life examples to what is often discussed hypothetically. Take, for…

Proxy Statement Rule Change Reminders for 2020

USA - February 3 2020 With many year-end companies working on initial drafts of their 2020 proxy statements, we thought it might be worth sending a quick reminder of two…

Advance Notice Bylaw Provisions Upheld by Delaware Supreme Court

USA - January 31 2020 In a previous blog post, we discussed the Delaware Chancery Court’s decision in Saba Capital Master Fund, Ltd. v. Blackrock Credit Allocation Income…

House Passes Bill to Limit Trading by Insiders around Form 8-K Filings

USA - January 23 2020 Earlier this month, in a bipartisan vote of 384 to 7, the U.S. House of Representatives passed the 8-K Trading Act of 2019. A similar bill has been…