Earlier this year, the U.S. Court of Appeals for the First Circuit vacated and remanded a $93 million district court judgment entered against a broker-dealer and investment adviser for allegedly inadequate disclosures of...more
7/31/2025
/ Appellate Courts ,
Broker-Dealer ,
Disclosure Requirements ,
Disgorgement ,
Form ADV ,
Investment Advisers Act of 1940 ,
Judicial Review ,
Jury Trial ,
Legal History ,
Materiality ,
Remand ,
Reversal ,
Securities and Exchange Commission (SEC) ,
Securities Litigation ,
Summary Judgment
Last week, the U.S. Court of Appeals for the Fifth Circuit upheld Nasdaq's board diversity rule, which the SEC first approved in August 2021 and was then challenged as unconstitutionally discriminatory and an improper...more
10/24/2023
/ Administrative Procedure Act ,
Anti-Discrimination Policies ,
Appellate Courts ,
Board of Directors ,
Constitutional Challenges ,
Corporate Governance ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
Free Speech ,
Nasdaq ,
Publicly-Traded Companies ,
Securities Exchange Act