District Court Denies Payday Lender's Bid To Dismiss SEC Enforcement Action; Delaware Chancery Court Dismisses Camping World Insider Trading Derivative Suit; California Federal Judge Certifies Class Of Apple Common-Stock...more
3/14/2022
/ Apple ,
Cease and Desist Orders ,
Class Certification ,
Common Stock ,
Cryptocurrency ,
Derivative Suit ,
Dismissals ,
Enforcement Actions ,
Fines ,
Insider Trading ,
Investment Company Act of 1940 ,
Investors ,
iPhone ,
Lenders ,
Misleading Statements ,
Misrepresentation ,
Payday Loans ,
Penalties ,
Promissory Notes ,
Proposed Amendments ,
Publicly-Traded Companies ,
Registration Requirement ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Transactions ,
Securities Violations ,
Stock Options ,
Whistleblower Awards ,
Whistleblowers
Ninth Circuit Holds that Purchasers of Unregistered Shares in Slack’s Direct Listing May Bring Securities Act Claims; Small Class of Crypto Purchasers Recommended for Certification; Tether to Pay $41 Million to Settle...more
11/18/2021
/ Cease and Desist ,
CFTC ,
Commodities ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
Direct Listing ,
Disgorgement ,
Enforcement Actions ,
Investors ,
Mergers ,
Music Streaming ,
Putative Class Actions ,
Section 11 ,
Securities Act of 1933 ,
Securities Fraud ,
Securities Litigation ,
Securities Violations ,
Settlement Agreements ,
Slack ,
Stablecoins ,
Standing ,
Unregistered Securities ,
Virtual Currency
Delaware Court of Chancery Dismisses Stockholder Derivative Suit for Failure to Allege Demand Futility; Connecticut Jury Finds for Defendant in Crypto Currency Fraud Case; Northern District of Illinois Allows Claims...more
11/17/2021
/ Attorney's Fees ,
Board of Directors ,
Cryptocurrency ,
Delaware General Corporation Law ,
Demand Futility ,
Derivative Suit ,
Dismissals ,
False Statements ,
Investment Contract ,
Jury Verdicts ,
Mergers ,
Misleading Statements ,
Mootness ,
Public Statements ,
Section 203 ,
Securities Fraud ,
Securities Litigation ,
Securities Violations ,
Shareholder Litigation ,
Stock Repurchases ,
Summary Judgment ,
Walgreens
Delaware Court of Chancery Dismisses Marriott Data Breach Derivative Suit; DOJ Announces Creation of National Cryptocurrency Enforcement Team; Fifth Circuit Applies New Standard for Disgorgement Orders In Securities Cases to...more
10/20/2021
/ Breach of Duty ,
Cryptocurrency ,
Data Breach ,
DE Supreme Court ,
Department of Justice (DOJ) ,
Derivative Suit ,
Disgorgement ,
Dismissals ,
Duty of Loyalty ,
Fiduciary Duty ,
Fund Managers ,
Investment Funds ,
Marriott ,
Securities and Exchange Commission (SEC) ,
Securities Litigation ,
Securities Violations ,
Statute of Limitations
Northern District of California Dismisses Traders’ Suit Against Bitmex Crypto Exchange with Prejudice; Delaware Supreme Court Upholds Chancery Court Ruling That Stockholder Appraisal Rights Can Be Waived by Contract;...more
9/22/2021
/ Appraisal Rights ,
Article III ,
Civil Monetary Penalty ,
Cryptocurrency ,
DE Supreme Court ,
Delaware General Corporation Law ,
Derivatives ,
Dismissal With Prejudice ,
Material Misrepresentation ,
Rule 10b-5 ,
Section 262 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Fraud ,
Securities Litigation ,
Securities Transactions ,
Securities Violations ,
Settlement ,
Shareholder Rights ,
Standing ,
Stockholder Agreements ,
Waiver of Rights