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Recognizing the need for more clarity, Erik Gerding, Director of the Division of Corporation Finance of the Securities and Exchange Commission (the "SEC"), issued statements in May and June, providing guidance...

The amendments are intended to enhance transparency, enable investors to better assess the purpose and effects of issuer share repurchases and reduce information asymmetry.

In this client alert, Lewis Rinaudo Cohen, Samson Enzer, Gregory Strong, Gary Kalbaugh, Brian Farber, and Edward Leaf examine the SEC's key positions in an interpretive release titled...

Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis") have each issued their respective proxy voting policy guidelines for 2024...

The Public Company Accounting Oversight Board has released proposed Rule 6100 to establish a framework for determining if it "is unable to inspect or investigate completely registered public accounting firms located in a foreign jurisdiction ...

To establish jurisdiction over a defendant that is not domiciled in the forum, plaintiffs must generally demonstrate a substantial relationship between that forum and the defendant's conduct giving rise to the suit.

Throughout the rule notice, Nasdaq underscores that "diversity in the boardroom is good corporate governance."

In December 2022, the Securities and Exchange Commission ("SEC") unanimously voted to adopt final amendments to Rule 10b5-1 under the Securities Exchange Act of 1934...

On August 6, 2021, the Securities and Exchange Commission ("SEC") made history when it issued its order (the "Approval Order") approving the Nasdaq Stock Market LLC's ("Nasdaq") board diversity rule request...

In June 2023, the Securities and Exchange Commission ("SEC") announced a settlement of charges against Stanley Black & Decker, Inc. ("SBD") for failure to make necessary...

New York's anti-Strategic Lawsuit Against Public Participation ("SLAPP") statute provides an accelerated dismissal procedure for claims that discourage participation in matters of public interest.

In May 2020, a prominent media and entertainment law firm fell victim to a ransomware attack, risking the widespread release of sensitive, valuable, and potentially damaging information belonging...

Artificial intelligence (AI) is rapidly changing the world, with seemingly limitless potential to streamline and improve productivity and our daily lives.

Parties asserting claims for securities fraud under Section 10(b) of the Securities Exchange Act must satisfy the dual pleading requirements of both Federal Rule of Civil Procedure Rule 9(b) and...

The securities industry is rapidly adopting artificial intelligence ("AI") and algorithmic technologies for a wide range of functions.

On February 10, 2022, the SEC proposed amendments to its rules governing beneficial ownership reporting that would (1) accelerate the filing deadlines for beneficial ownership reports on Schedule 13D and Schedule 13G, ...

On July 3, 2024, the U.S. District Court for the Northern District of Texas, in a challenge to the validity of the Federal Trade Commission's...

On March 8, 2017, the United States Court of Appeals for the Ninth Circuit ruled, in a 2-1 decision, to affirm a district court's denial of defendant-employer's motion to dismiss a whistleblower...