Topic
Securities
6,683 published works
The D&O Diary
Rite Aid Hit with Opioid-Related Securities Suit
The opioid crisis in the United States is not a new development; sadly, it has been around for years, as has D&O litigation relating to the crisis. Indeed, more than…
SEC Actions
This Week In Securities Litigation (Week of March 20, 2023)
The Commission continued to revamp its rules last week. This time the focus was on cybersecurity and the markets. The agency proposed a new Rule 10 as the centerpiece of…
The D&O Diary
Ripped from the Headlines: Norfolk Southern Hit with Securities Suit
The securities class action lawsuits filed last week against failing or troubled banks felt as if the plaintiffs’ attorneys filing the suits were typing their complaints directly from the…
The D&O Diary
Now It’s Credit Suisse’s Turn: Swiss Bank Hit with Securities Suit
Earlier this week, securities class action lawsuits were filed against the recently failed U.S. banks, Silicon Valley Bank and Signature Bank. The turmoil that surrounded those banks’ failure sent ripples…
Gadgets, Gigabytes & Goodwill Blog
Can an NFT Be a Security? The Dapper Labs Decision Provides a Cautionary Tale
By Matthew Catalano, Puya Partow-Navid
We have previously discussed the thorny intellectual property implications of non-fungible tokens (“NFTs”), units of data stored on a blockchain that signify ownership of a unique digital media item. But…
The Securities Law Blog
SEC Proposes to Expand and Update Regulation SCI
The Securities and Exchange Commission today proposed amendments to expand and update Regulation Systems Compliance and Integrity (SCI), the set of rules adopted in 2014 to help address technological vulnerabilities…
Corporate Defense and Disputes
Virginia Federal Court Finds Insufficient Connection Between Alleged Misstatements and Issuer of Unsponsored ADRs
A federal district court in Virginia recently held that the federal securities laws can apply to transactions in a foreign issuer’s unsponsored American Depositary Receipts (“ADRs”) that traded over the…
Global Regulation Tomorrow
ESMA updates Q&As on the implementation of the CSDR
On 13 March 2023, the European Securities and Markets Authority (ESMA) updated its Q&As on the implementation of the Central Securities Depository Regulation (CSDR). In its Q&As ESMA has provided…
Inside Class Actions
A Closer Look: Federal Court Concludes that Certain NFTs May Be Securities: Preliminary Determination in Ongoing NBA Top Shot Litigation
By William Mastrianna, Charlotte May, Mike Nonaka, Adrian Perry, Brian Rosenzweig
On February 22, 2023, a federal judge in the Southern District of New York issued a first-of-its-kind order allowing a securities class action lawsuit to proceed against the issuer of…
The D&O Diary
Well, That Didn’t Take Long: SVB’s Holdco and Execs Hit with Securities Suit
In my post yesterday discussing the implications of Silicon Valley Bank’s failure, I discussed the likelihood that D&O claims could arise in the wake of the failure. It has not…