Topic
Securities
6,683 published works
The D&O Diary
Geopolitical Issues and D&O Risk Exposure
Here at The D&O Diary, we cover the liabilities of corporate directors and officers. Geopolitical concerns are not typically part of our beat. But as we all finish up the…
The D&O Diary
Securities Suit Alleges “Macroeconomic Headwinds” Undercut IPO Company
Throughout 2023, I have noted examples of securities class action lawsuit filings involving companies whose operations or financial results were undercut by adverse macroeconomic conditions. The specific adverse economic conditions…
SEC Actions
Argument Before The Supreme Court on Jarkesy: No Change?
In a lengthy session, the Supreme Court heard oral argument in SEC v. Jarkesy, No. 22-859, a case that many suggested could spell the end of the SEC’s enforcement program…
The D&O Diary
Short-Seller Reports and Securities Class Action Lawsuits
You all know the pattern: a short seller publishes a splashy report with attention-grabbing revelations about the operations or financial results of a listed company; the company’s shares decline; and…
Federal Regulatory & Enforcement Insider
SEC Releases Enforcement Highlights for Fiscal Year 2023
By Brooke Conner, Rachel Copenhaver, Junaid A. Zubairi, Nitya Bhardwaj
On November 14, 2023, the Securities and Exchange Commission (the “SEC” or the “Commission”) announced its enforcement results for fiscal year (“FY”) 2023, which ended on September 30, 2023. The…
Securities Law Prof Blog
New Securities Law Article in Print
The following law review article relating to securities regulation is now available in paper format:Anna Bailey, Note, Disclosing ESG Matters: Advance Nonfinancial Policy through the SEC, 47 Wm. & Mary…
Cleary Enforcement Watch
SEC Announces FY 2023 Enforcement Results with Second-Highest Penalties on Record
By Robin M. Bergen, Matthew C. Solomon, Tom Bednar, Sarah Choi, Andrea Trespalacios, Justin M. McCoy
On November 14, the Securities and Exchange Commission announced its enforcement results for the 2023 fiscal year,[1] with case numbers up from fiscal year 2022 and monetary sanctions at the…
Securities Law Prof Blog
New Securities Law Articles in Print
The following law review articles relating to securities regulation are now available in paper format:Tanner Gattuso, Comment, The Panuwat Snowball: Correlation Does Not Equal Materiality, 72 Cath. U. L. Rev.…
The D&O Diary
High Interest Rates Undercut Consumer Demand, Leads to Securities Suit Filing
Throughout the year, macroeconomic considerations have been an important factor in the number of securities class action lawsuit filings, including economic inflation, and supply chain and labor supply disruption. Another…
Corporate Defense and Disputes
SEC Defeats Summary Judgment in Insider-Trading Suit Alleging “Shadow Trading”
The SEC defeated a motion for summary judgment brought by a defendant whom the SEC accused of engaging in insider trading based on news about a not-yet-public corporate acquisition when…