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Results: 1-10 of 237

The Looming Specter: Post-Closing Fraud Claims in Private Company M&A Litigation
  • Winston & Strawn LLP
  • USA
  • June 22 2017

So-called “reliance disclaimers” and “fraud carve-outs” in private company purchase agreements - designed, respectively, to preclude and preserve


California Court Nixes Class Action Regarding Gap Factory Stores
  • Winston & Strawn LLP
  • USA
  • April 4 2016

A class action lawsuit was recently filed against Gap Inc. alleging that Gap violated California consumer laws by misleadingly suggesting that the


On the Hook: Private Equity Funds Potentially Liable for Unpaid Wages in New York
  • Winston & Strawn LLP
  • USA
  • March 1 2017

Effective January 19, 2016, New York's amendment to Section 630 of its Business Corporation Law (NYBCL) makes the 10 largest shareholders of any


Facebook Settles Lawsuit Over Directors’ Compensation
  • Winston & Strawn LLP
  • USA
  • January 27 2016

We have previously blogged on the lawsuit filed against the directors of Facebook (including employee directors Mark Zuckerberg and Sheryl Sandberg


The Delaware quarterly October - December 2014
  • Winston & Strawn LLP
  • USA
  • January 8 2015

It was a busy final quarter of 2014 for the Delaware Court of Chancery. Of particular note: (i) three decisions on aiding and abetting breach of


Accounting fraud verdict is partially affirmed
  • Winston & Strawn LLP
  • USA
  • August 5 2013

On July 29th, the Eighth Circuit affirmed, in part, a jury's accounting fraud verdict in the SEC's enforcement action against former infoUSA CFO


Supreme Court issues significant decision on “relation back” doctrine
  • Winston & Strawn LLP
  • USA
  • June 30 2010

Earlier this month, the Supreme Court issued a civil procedure decision that could have a significant impact on lawsuits against corporations, particularly where the plaintiff's complaint asserts claims against the wrong member of a corporate family


Copycat Say on Pay lawsuits quickly follow unfavorable votes
  • Winston & Strawn LLP
  • USA
  • April 23 2012

It took only four days after approximately 55 of voting stockholders voted against Citigroup’s Shareholder Say on Pay resolution last week for the strike suit lawyers to file a lawsuit against Citigroup's board of directors and certain current and former executive officers and directors


Contract formation and arbitration
  • Winston & Strawn LLP
  • USA
  • March 5 2012

On February 28th, the Eleventh Circuit held that when a party challenges both the formation of a contract containing an arbitration clause and the contract itself, courts must conduct a two-step analysis


Executive Compensation Litigation Update - Judge Posner Gives Compensation Committee a Mulligan
  • Winston & Strawn LLP
  • USA
  • December 14 2015

Judge Richard Posner of the Seventh Circuit Court of Appeals is one of the most published and widely quoted judges. Those unfamiliar with his