California Public Employees’ Retirement System v. ANZ Securities, Inc.: Clarifying Investors’ Opt-Out Rights Authors of this newsletter: Ryan Degnan On June 26, 2017, the Supreme Court of the United States issued a landmark decision in California Public Employees’ Retirement System […] Read More
California Federal Court Issues Breakthrough Ruling In Multibillion Dollar Insider Trading Action Authors of this newsletter: Joshua Materese On March 15, 2017, the District Court for the Central District of California issued a momentous ruling in the Basile v. […] Read More
Delaware Appraisal Litigation: Recent Decisions Suggest That Only Cases Where There Is A Related-Party Acquirer Make Sense Authors of this newsletter: Geoffrey Jarvis Delaware appraisal litigation occurs where shareholders are deprived of their ownership interest in a corporation for cash consideration (or a […] Read More
Second Circuit announces rule for evaluating materiality of interim financial results, rejects First Circuit’s “extreme departure” test Authors of this newsletter: Richard Russo, Jr. , Jonathan Neumann The federal securities laws require companies to disclose their operating results and other financial information to investors on a quarterly […] Read More
Rethinking Traditional Notions of Fair Play and Substantial Justice Authors of this newsletter: Tyler Graden Over the last several terms, the Supreme Court has decided a series of cases reshaping the answer to a basic […] Read More
Kessler Topaz Secures $86.5 Million Settlement Challenging Management-Led Buyout of ExamWorks Group, Inc. Authors of this newsletter: J. Daniel Albert Paul Hastings LLP, Legal Counsel for ExamWorks Group, Inc., Contributes $46.5 Million Towards Settlement Kessler Topaz, serving as co-lead counsel […] Read More
