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Slack Wins: Section 11 Claims Require TracingA recent Supreme Court ruling held that to bring a Section 11 claim, plaintiffs must be able to trace the shares they purchased to the registration statement they are alleging is deficient. For direct listings, this is virtually impossible.View Insight
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Compliance Alert: Reminder PCORI Fees Due By July 31, 2023Employers that sponsor self-insured group health plans must for report and pay their Patient-Centered Outcomes Research Institute (PCORI) fees by July 31, 2023.View Insight
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News ArticleDelaware Signs Law Allowing Companies to Use Captives to Cover D&O liability
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News ArticleShareholders Accuse Seattle Health Startup of 'Misleading Investors' After IPO
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News ArticleGaps in Insurance for SPAC Directors Expose Risks for Deals in Hong Kong
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News ArticleAs Commercial Property Rates Climb for CAT-Exposed Zones, Brokers Counsel Clients
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News ArticleWhat’s in Store for SPACs in 2022: Woodruff Sawyer Interviews Attorney Doug Ellenoff | DealFlow's SPAC News
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News ArticleActivists Went After Principal, AIG. That May Be Only the Beginning
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News ArticleThe Other SPAC Boom: Lawsuits Against Sponsors Surge as Deals Fizzle
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The Supreme Court's Section 230 Decisions: A Win for Tech CompaniesThe Supreme Court recently made two decisions related to Section 230 of the Communications Decency Act, which shields tech companies from liability for what is said on their platforms.View Insight
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A ‘$300 Million Bar Tab to Hang Out with Jay-Z’: Bad M&A Deal Wins a Motion to Dismiss in a Derivative Class ActionDespite numerous red flags, Jack Dorsey’s company Block Inc (formerly Square) acquired Jay-Z’s failing music-streaming company, TIDAL. The controversial deal led a shareholder to launch a derivative class action against Block’s directors.View Insight
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News ArticleNew Delaware Law Allows Captives to Write Side A D&O Insurance