Citing “true contingency risk,” a Delaware Court of Chancery judge on Wednesday OK’d a $72.5 million attorney’s fees payment to two small law firms that represented the plaintiffs in a…
Counsel for a former Wall Street trader convicted of lying to customers about how much he paid for securities argued in federal appeals court Wednesday that he was simply following…
Defense lawyers for three former leaders of Dewey & LeBoeuf probably won’t want school teachers and administrators on the jury in the trial that is set to begin today.
Public interest groups have cast Securities and Exchange Commission chair Mary Jo White as a superhero with special powers in a series of comic-book style posters backing disclosure of corporate…
A process created in 2011 to help companies fight patent trolls is being used by a hedge fund manager who contests patents and bets against the targeted company’s stock through…
Among a number of proposed changes in Delaware corporate law, a bill that would ban companies from enacting fee-shifting bylaws is the most controversial.
In what is being hailed as a landmark federal enforcement action protecting the rights of whistleblowers, the Securities and Exchange Commission on Wednesday announced a settlement with a major…
Companies that make misleading statements of opinion in federal registration statements with the Securities and Exchange Commission may be liable in investor suits, even if the beliefs are sincerely held,…
The Oregon Supreme Court has found two Stoel Rives lawyers did not violate ethics rules when they represented a company and some of its employees in a securities fraud investigation.
A legal assistant who complained to her long-time boyfriend about extra work required for an impending merger thought her remarks would be kept confidential, according to the Securities and Exchange…
Standard & Poor’s has agreed to pay $1.375 billion to resolve allegations that it inflated ratings of mortgage securities before the 2008 financial crisis.
In another sign that the times are changing, as far as legalization of marijuana is concerned, the U.S. Securities and Exchange Commission has approved a share registration by a company…
Standard & Poor’s has agreed to pay nearly $80 million to resolve claims that it failed to disclose a loosened approach to rating commercial mortgage-backed securities after the 2008 financial…
A fired former managing clerk for Simpson Thacher & Bartlett is now front and center in a federal insider-trading case over a scheme that allegedly earned $5.6 million in illegal…