The first quarter of 2018 saw continued significant securities-suit filing activity against life sciences companies with more than 10 actions filed, including several filed by some of the...
Yahoo! Order Is SEC’s First Cyber-Disclosure Enforcement Action
On April 24, the Securities and Exchange Commission charged Altaba Inc., formerly Yahoo! Inc., with misleading sharehold...
On February 21, the Securities and Exchange Commission released updated interpretive guidance on cybersecurity disclosure, reaffirming staff guidance issued in 2011, providing more detail...
On February 2, the SEC approved the New York Stock Exchange’s proposal to facilitate “direct listings” by companies that do not intend to sell shares in an initial public offering. ...
Starting February 1, a NYSE-listed company must notify NYSE at least ten minutes before making a public announcement, at any time, of a dividend or other stock distribution. This includes...
As part of a series of regular updates on developments in life sciences securities litigation (see Q3 2017 Quarterly Report), this report addresses recent activity in securities actions a...
On Friday, January 19, 2018, the Securities and Exchange Commission (SEC) announced that “should there be a federal government shutdown after January 19, the SEC will remain open for a ...
The Tax Cuts and Jobs Act has now passed both houses of Congress and is expected to soon be signed into law. In this memo we address disclosure considerations for public companies that co...
Under a rule change that is effective immediately, a NYSE listed company is prohibited from issuing material news after the NYSE trading session ends until the earlier of (a) five minutes...
Bills Would Expand Testing the Waters, Codify Confidential Submission of Draft Registration Statements and Modify Accredited Investor Definition
On November 1, the House passed two bills...
