Recently by Gregory S. Bruch
SEC Announces Measures To Encourage Cooperation And Names Specialized Unit Chiefs
On January 13, 2010, the Securities and Exchange Commission announced a new initiative directed at encouraging cooperation by individuals and entities during the course of SEC enforcement investigations. The initiative, which is documented in the SEC's revised Enforcement Manual, provides the SEC...
Read MoreSpecial Committees Must Be Fully Independent And Demonstrate A "Vigorous" Commitment To Protecting The Interests Of The Corporation
A recent ruling by the Appellate Division in New York's First Department reversed the dismissal of a derivative action in the high-profile Comverse Technology, Inc. ("Comverse") options backdating matter. The court ruled that the derivative action should be allowed to proceed after finding that...
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