Topic
Disclosure
830 published works
Securities Law Prof Blog
SEC’s Atkins on Materiality
SEC Commissioner Paul S. Atkins, at the SEC Speaks in 2008 conference, chided the agency for its failure to achieve predictability. Here is an excerpt on his discussion of the…
Delaware Corporate & Commercial Litigation Blog
Chancery Rejects Disclosure and Fiduciary Claims in Exchange Offer between Viacom and Blockbuster
In Pfeffer v. Redstone, 2008 WL 308450 (Del. Ch., Feb. 1, 2008), read opinion here, the Chancery Court provides a treasure trove of the applicable standards used to review the conduct…
Securities Law Prof Blog
SEC Criticizes Disclosure on Executive Pay Policies
As the SEC has increased its scrutiny of how corporations describe their executive compensation policies, it has expressed dissatisfaction at how many companies describe the role of individual performance in…
Delaware Corporate & Commercial Litigation Blog
Chancery Approves Class Action Fees For Settlement Resulting in Revised Proxy Disclosures Only
In re: James River Group, Inc. Shareholders Litigation, 2008 WL 160962 (Del. Ch., Jan. 8, 2008), read letter decision here. This Chancery Court decision addresses the request for attorneys' fees based on a…
M & A Law Prof Blog
Reg FD and SLM
So, I took a break from grading papers today to listen to Albert Lord's conference call (you can access it here). Lord took back the CEO position of SLM earlier…
Legal Profession Blog
Disclosure Rule Not Ready For Prime Time
An article in this month's California Bar Journal reports that the effort to adopt a rule requiring an attorney to disclose to a prospective client that he or she does…
Securities Law Prof Blog
SEC’s Proposal for Better Disclosure in Fund Prospectuses
The SEC recently released for public comment a proposed rule dealing with Enhanced Disclosure and New Prospectus Delivery Option for mutual funds. The SEC forthrightly acknowledges that mutual fund prospectuses…
Securities Law Prof Blog
SEC Adopts New Rules for Smaller Businesses
The SEC voted to adopt three measures to modernize and improve its capital-raising, reporting and disclosure requirements for smaller companies. These measures address some of the key recommendations made by…
Securities Law Prof Blog
SEC Proposes New Rules for Mutual Fund Disclosure
Chair Cox continues his dual quests for "plain English" disclosure and increased use of the internet, as the SEC voted to propose rule changes to improve mutual fund disclosure, requiring…
M & A Law Prof Blog
In re Checkfree Corp.: Delaware vs. the SEC
On Nov. 1 the Delaware Chancery Court issued an opinion in In re Checkfree Corp Securities Litigation. The case is yet another in the recent line of Chancery Court opinions…