Tenth Circuit Affirms Dismissal of Securities Class Action for Failing to...
The US Court of Appeals for the Tenth Circuit recently affirmed the dismissal of a class action by investors in Gold Resource Corp. (GRC) alleging that the company and four of its officers violated...
View ArticleGeorgia Complaint Challenges Constitutionality of SEC Administrative Proceedings
A complaint filed in the Northern District of Georgia on February 19 alleges that the Securities and Exchange Commission brings claims in administrative courts that are unconstitutional. The plaintiffs...
View ArticleDelaware Court Grants Petition to Dissolve Joint Ventures
Earlier this month, the Delaware Chancery Court offered further guidance on 8 Del. C. § 273, which establishes a mechanism for the dissolution of a joint venture corporation with two 50 percent...
View ArticleDistrict Court Holds Individual Issues of Fact Predominate in Unjust...
The US District Court for the Eastern District of Pennsylvania recently denied class certification to a proposed class of third-party payors of prescription drugs. The plaintiffs brought a class action...
View ArticleSEC Brings First Action Against Company for Potentially Stifling...
The Securities and Exchange Commission recently charged KBR, Inc., a Delaware corporation specializing in technology and engineering, with a Rule 21F-17(a) violation for using language in employee...
View ArticleDistrict Court Denies Motion to Dismiss Securities Class Action Against Urban...
The US District Court for the Eastern District of Pennsylvania recently denied a motion to dismiss filed by Urban Outfitters, Inc. and its senior executives in a securities fraud class action. The...
View ArticleDistrict Court Dismisses Securities Class Action Against Electronic Arts
The US District Court for the Northern District of California recently dismissed with prejudice a securities fraud class action against Electronic Arts, Inc. (EA) and its officers, holding that the...
View ArticleFourth Circuit Affirms Conviction in Virginia Bank Fraud Case
The US Court of Appeals for the Fourth Circuit recently affirmed convictions for conspiracy to commit bank fraud and other related charges against three former executives of the Bank of the...
View ArticleDistrict Court Dismisses Data Breach Class Action Against GameStop, Inc.
The US District Court for the District of Minnesota recently dismissed a data breach class action against GameStop, Inc. and Sunrise Publications, Inc. (d/b/a Game Informer) for lack of constitutional...
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