In this edition of Thompson Hine's Business Law Update, we include the first installment of a two-part article featuring a guest co-author, in which
Since 1998, Rule 701 has provided an exemption from securities registration requirements. That exemption permits companies to issue stock-based
SEC SEC Staff Issues 45 New Proxy C&DIs The Staff recently provided updated guidance relating to the proxy rules and disclosure requirements for the
Ensuring that your employee benefits plans comply with the Employee Retirement Income Security Act of 1974 (“ERISA”) just became more important. That
The Financial Accounting Standards Board (FASB) recently released Accounting Standards Update No. 2011-09 (the Update), requiring significant additional financial-statement disclosure by employers contributing to multiemployer plans.
Final Department of Labor regulations impose new disclosure requirements on participant-directed individual account plans, such as profit sharing, 403(b) and 401(k) plans.
Judge Lewis A. Kaplan of the United States District Court for the Southern District of New York recently granted in part and denied in part a motion to dismiss federal securities law claims brought on behalf of a putative class of purchasers of securities issued by Lehman Brothers Holdings Inc. (“Lehman”) prior to its September 2008 collapse.
St. Vincent Health operates a number of hospitals and health care facilities in central Indiana and employs thousands of people.
On July 27th, the Southern District Court of New York ruled that purchasers of Lehman Brothers' debt and equity securities stated claims under the Securities Act and Securities and Exchange Act against Lehman Brothers, its former officers and directors, and its underwriters.
The Department of Labor has issued final regulations under ERISA Section 404(a) that impose a fiduciary duty on administrators of participant-directed individual account plans (e.g., 401(k) plans and other plans that allow participants to choose among investment alternatives) to regularly disclose plan-related information and investment-related information to participants and certain beneficiaries.