SEC Eases Path for Companies to Nix Shareholder Proposals February 18, 2025 By Lydia Beyoud The Securities and Exchange Commission released new guidelines making it easier for corporations to block votes on shareholder proposals at...
Target Must Face Shareholder Lawsuit Over Pride Backlash, Judge Rules December 5, 2024 By Mike Scarcella Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders...
Facebook, Nvidia Ask Supreme Court to Spare Them From Securities Fraud Suits November 4, 2024 By John Kruzel The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to...
Dish Network in Talks With Investors to Settle Lawsuit September 6, 2024 Dish Network Corp., the ailing satellite-TV provider with more than $20 billion in debt, is in talks with a group...
Tesla’s Elon Musk Found Not Liable in Trial Over 2018 ‘Funding Secured’ Tweets February 6, 2023 By Jody Godoy A U.S. jury on Friday found Tesla Inc. CEO Elon Musk and his company were not liable for misleading investors...
‘Wave’ of Lawsuits Over FTX Expected, but Investors Will Face Legal Hurdles November 18, 2022 By Jody Godoy A lawsuit by FTX account holders in the United States is likely the first of many that will be brought...
Investors’ Suit Alleges Firm Inflated Stock with Misleading Claims About Its Covid Test June 17, 2020 By Andrew G. Simpson An investor lawsuit against a Utah company alleges its principals falsely claimed its coronavirus diagnostic test was “100% accurate” and...
Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon June 8, 2020 By Andrew G. Simpson There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival...
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...
AIG Responds to Supreme Court ‘Fraud on the Market’ Ruling with D&O Endorsement June 27, 2014 American International Group, Inc. (AIG) insurers have introduced a new policy endorsement that ensures primary directors and officers (D&O) policy...