On October 1, 2019, the Delaware Court of Chancery applied the Delaware Supreme Court’s recent decision on Caremark board oversight claims in the context of operating in a highly regulated industry to allow derivative claims...more
On October 6, 2015, the U.S. House of Representatives unanimously approved the Reforming Access for Investments in Startup Enterprises Act of 2015 (H.R. 1839), also known as the RAISE Act of 2015. The RAISE Act has been...more
11/5/2015
/ Accredited Investors ,
Congressional Committees ,
Disclosure Requirements ,
Financial Statements ,
GAAP ,
Pending Legislation ,
RAISE Act ,
Registration Requirement ,
Reporting Requirements ,
Resale Exemption ,
Securities Act of 1933 ,
Sellers ,
Startups
On October 22, 2015, the staff of the SEC Division of Corporation Finance issued Staff Legal Bulletin No. 14H (SLB 14H), which provides significant guidance for companies about the Staff’s views on the scope and application...more
11/5/2015
/ Management Proposals ,
New Guidance ,
No-Action Letters ,
Ordinary Business Exception ,
Proxy Materials ,
Publicly-Traded Companies ,
Rule 14a-8 ,
Rule 14a-8(i)(7) ,
Rule 14a-8(i)(9) ,
Securities and Exchange Commission (SEC) ,
Shareholder Activism ,
Trinity Wall Street ,
Wal-Mart ,
Whole Foods