Vice Chancellor Laster Extends This Fiduciary Duty, Previously Recognized only as to Corporate Directors -
On January 25, 2023, the Delaware Court of Chancery answered an important question of officer liability, holding...more
1/31/2023
/ Class Action ,
Compliance ,
Corporate Misconduct ,
Corporate Officers ,
DE Supreme Court ,
Delaware ,
Derivatives ,
Duty of Loyalty ,
Duty of Oversight ,
Fiduciary Duty ,
Harassment ,
Motion to Dismiss ,
Shareholders
On March 27, 2019, the U.S. Supreme Court issued its decision in Lorenzo v. SEC,[i] affirming the expansive view of the U.S. Securities and Exchange Commission (“SEC” or “Commission”) that, under the right circumstances,...more
4/5/2019
/ Appeals ,
Corporate Officers ,
Directors ,
Enforcement Actions ,
False Statements ,
Fines ,
Intent to Defraud ,
Investment Banks ,
Janus Capital Group Inc v First Derivative Traders ,
Lorenzo v SEC ,
Material Dissemination ,
Misleading Statements ,
Publicly-Traded Companies ,
Reaffirmation ,
Rule 10b-5 ,
Scienter ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Violations ,
Suspensions