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
Delaware Court of Chancery Finds that Director’s Email on Outside Email System Remains Confidential; Delaware Supreme Court Overrules Longstanding Precedent Regarding Derivative Versus Direct Standing; SEC Files Crowdfunding...more
10/8/2021
/ Anti-Fraud Provisions ,
Attorney-Client Privilege ,
Board of Directors ,
Cannabis-Related Businesses (CRBs) ,
Class Action ,
Crowdfunding ,
DE Supreme Court ,
Demand Futility ,
Derivative Suit ,
Dilution ,
Dismissals ,
Email ,
Enforcement Actions ,
Facebook ,
Failure To Disclose ,
FDA Approval ,
Investors ,
Mark Zuckerberg ,
Minority Shareholders ,
Misleading Statements ,
Omissions ,
Putative Class Actions ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Fraud ,
Securities Litigation ,
Securities Violations ,
Unregistered Securities
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