More Securities & Exchange Commission (SEC) Articles

Finance

Delaware Supreme Court Affirms $2 Billion Damages Award For Controlling Stockholder Transaction Found To Be Unfair

In October 2011, Chancellor Leo Strine of the Delaware Chancery Court awarded more than $1.2 billion in damages and interest to Southern Peru Copper Corp. ("Southern Peru") after determining at trial that in a "manifestly unfair transaction," it had substantially overpaid for...

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Finance

The Many Forms Of Foreign Trade

Editor: Please describe your practice areas, particularly those in which you concentrate most heavily. Richards: I am a member of the firm’s Corporate and Financial Institutions practice group and have an extensive background in structuring, negotiating and documenting financial...

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Finance

Supreme Court To Address Standards For Class Certification In Securities Fraud Actions And Contours Of The “Fraud On The Market” Doctrine

For over 20 years, the “fraud on the market” theory, which the Supreme Court endorsed in Basic Inc. v. Levinson, 485 U.S. 224 (1988), has been a key tool for plaintiffs in class action securities fraud litigation under Section 10(b) of the Securities Exchange Act and SEC Rule 10b-5....

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