On July 17, the Ninth Circuit issued a decision holding that an overseas company with unsponsored ADRs trading in the United States on the over-the-counter market can be liable for violat...
An initial public offering is a key inflection point for a company, not least because it often triggers the opportunity to review and replace the company’s corporate governance structur...
As part of the SEC’s continuing effort to streamline disclosure for smaller companies, the Securities and Exchange Commission announced on June 28 that it had adopted a final rule to re...
On 8 June 2018 the UK Financial Conduct Authority announced that it is taking forward its proposals to establish a new premium listing category exclusively for sovereign-controlled commer...
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...
