The message from Nasdaq as the Black Lives Matter movement exploded across the US: push for diversity – or prepare to explain. Four years later, a federal appeals court has struck down an attempt by Nasdaq’s US exchange – home …
A U.S. appeals court on Wednesday ruled that Nasdaq could not impose rules designed to increase diversity in corporate America by requiring companies listed on the exchange to have women and minority directors on their boards or explain why they …
Nasdaq Inc. is pushing back against the US Securities and Exchange Commission’s plans to make publicly traded companies reveal detailed information about their greenhouse gas pollution. The stock-exchange operator urged the SEC to shelve its plans to require businesses to …
Exchange operator Nasdaq has proposed new rules for listed companies around board diversity and disclosure. According to a filing with the Securities and Exchange Commission (SEC), the new listing rules, approved by Nasdaq directors on Nov. 5, would require all …
Sirius International Insurance Group, Ltd., a global multi-line insurance and reinsurance group, has closed the previously announced business combination with the special purpose private asset management company Easterly Acquisition Corp. As a result, a wholly owned subsidiary of Sirius Group …
Dozens of lawsuits against Facebook Inc., the NASDAQ exchange and various underwriters will be centralized before a federal judge in New York, who must sort through the legal aftermath of Facebook’s botched initial public offering. A panel of federal judges …
Nasdaq OMX Group Inc. said it will offer cash and rebates totaling $40 million to compensate clients affected by the problems with Facebook Inc.’s initial public offering, an amount well short of the losses claimed by top market makers for …
Facebook’s initial public offering has sparked lawsuits and investigations after a botched trading debut on the Nasdaq stock market delayed the completion of many orders and questions arose about selective disclosures of the company’s financial prospects. Facebook’s shares closed on …
Claims by four of Wall Street’s main market makers against Nasdaq over Facebook’s botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical glitch delayed …
