Last June, we wrote a Legal Update on Recent Developments in Securities Litigation: The "Event Driven" #MeToo Lawsuit. Event driven securities litigation is where negative events, instead of financial misstatements or...more
2/14/2020
/ #MeToo ,
CBS ,
CEOs ,
Class Action ,
Corporate Counsel ,
Corporate Culture ,
Investors ,
Misrepresentation ,
Securities Litigation ,
Sexual Harassment ,
Shareholder Litigation
The #MeToo movement has had an enormous impact on corporate America. Workplace harassment and sexual misconduct are not new concepts and have been the focus of litigation for many years. However, the power of the #MeToo has...more
6/12/2019
/ #MeToo ,
CBS ,
Class Action ,
Corporate Counsel ,
Corporate Culture ,
Derivative Suit ,
Diminution in Value ,
Employee Retention ,
Employer Liability Issues ,
Hostile Environment ,
Negligence ,
Non-Disclosure Agreement ,
Policies and Procedures ,
Publicly-Traded Companies ,
Risk Management ,
Securities Litigation ,
Sex Discrimination ,
Sexual Harassment
In a case likely to have ongoing ramifications, the Second Circuit recently upheld the conviction of Matthew Martoma, a former portfolio manager for Stephen Cohen’s SAC Capital. In so doing, the court clarified, at least for...more
9/11/2017
/ Criminal Convictions ,
Dirks v SEC ,
Illegal Tipping ,
Insider Trading ,
Martoma ,
Personal Benefit ,
Pharmaceutical Industry ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Litigation ,
Special Relationship ,
US v Newman ,
US v Salman