Allianz in Talks to Transfer Block of Life Assets to Free Up Regulatory Capital: Sources September 28, 2021 By Jan-Henrik Förster and Stephan Kahl Allianz SE is in advanced talks to transfer a block of Swiss life insurance assets to Resolution Life, people with...
Judge Rules Boeing Directors Must Face Shareholder Claims Over 737 MAX September 8, 2021 By David Shepardson, Tom Hals and Jonathan Stempel A Delaware judge ruled on Tuesday that Boeing’s board of directors must face a lawsuit from shareholders over two fatal...
German Regulators Begin Investigation Into Allianz U.S. Investment Funds September 7, 2021 By Tom Sims German regulators have launched an investigation into the country’s biggest financial company, Allianz, after the demise of some of its...
Trump’s SEC Considering Shielding Companies from Investor Class Action Suits January 29, 2018 By Ben Bain In its determination to reverse a two-decade slump in U.S. stock listings, a regulator might offer companies an extreme incentive...
Why Not Much Change in Securities Class Actions? July 30, 2015 Plaintiffs brought 85 federal class action securities cases in the first half of this year, or seven fewer than they...
IPO-Seeking China Companies Pay More to Avoid Boards Going Naked June 18, 2013 By Noah Buhayar Stephen Markscheid holds one of the riskiest jobs in the world — or so say directors and officers liability insurers....
Activist Chairmen, Independent Directors Challenge CEOs, ‘Country Club’ Boards October 24, 2012 By Lauren Tara LaCapra, Ernest Scheyder and Nadia Damouni In the summer of 2011, Yahoo Inc.’s board decided enough was enough. Directors had seen the Internet giant’s stock languish,...
Judge Allows Investor Lawsuit Over Goldman CDO Conflicts June 22, 2012 By Jessica Dye A federal judge said on Thursday that shareholders can proceed with a lawsuit accusing Goldman Sachs Group Inc. of concealing...
Many Gray Areas in Legal Arguments Over Botched Faceook IPO May 30, 2012 Facebook’s initial public offering has sparked lawsuits and investigations after a botched trading debut on the Nasdaq stock market delayed...
Wall Street Fights Back vs. Expert Witness in Lawsuits February 14, 2012 By Suzanne Barlyn For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of...