On November 29, 2017, Deputy Attorney General Rod Rosenstein announced a new Department of Justice FCPA Corporate Enforcement Policy, in his remarks at the 34th International Conference o...
On November 21, 2017, the Ninth Circuit issued a decision in Curry v. Yelp, Inc., No. 16-15104, affirming the district court’s dismissal with prejudice of a securities fraud action agai...
On October 26, 2017, Stephanie Avakian and Steven Peikin, Co-Directors of the U.S. Securities and Exchange Commission’s Division of Enforcement, provided remarks at the 2017 Securities ...
We previously highlighted the increased activity and some emerging patterns in securities litigation against life sciences companies during the first half of 2017. This report, the first...
On October 6, 2017, Deputy Attorney General Rod Rosenstein provided remarks at the NYU Program on Corporate Compliance & Enforcement on Department of Justice (“DOJ” or the “Departme...
On September 26, 2017, the U.S. Department of Justice filed a federal antitrust complaint seeking partially to unwind Parker-Hannifin Corporation’s $4.3 billion acquisition of CLARCOR, ...
By a vote of 73-21, the Senate this evening confirmed Makan Delrahim to head the Antitrust Division of the U.S. Department of Justice. We expect him to assume his role as Assistant Attor...
In a recent column for the Daily Journal, Davis Polk partners Neal Potischman and Brian Weinstein discuss the flood of securities class action litigation in the life sciences sector and m...
In United States v. Martoma
,a divided U.S. Court of Appeals for the Second Circuit overturned a key holding of its previous decision in United States v. Newman and significantly loosene...
The Delaware Supreme Court, in an opinion by Chief Justice Strine, recently reversed and remanded the Chancery Court’s ruling in DFC Global Corporation v. Muirfield Value Partners, L.P....