ASIC's case centred around the CEO and General Counsel who it claimed "manifestly let Star's Board down" by failing to inform the directors of issues that could affect Star's suitability to hold ...
When you’re launching a startup, it’s easy to blur the lines between owners, decision-makers and doers—especially when you’re all three. But as soon as you raise money, add a co-founder, or bring on ...
Earlier this year, the FDIC, acting as receiver for Silicon Valley Bank (“SVB”), filed a breach of fiduciary duty lawsuit against six officers and eleven directors of the bank. The FDIC alleged that ...
Corporate officials are exposed to significant legal risk for decisions and actions they take within the scope of their regular duties. For example, shareholders might sue the company and its leaders ...
D&O insurance is required wherever individuals make decisions on behalf of an organization. Directors and officers insurance exists because leadership authority creates personal legal exposure. When ...
Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Cogent Communications Holdings, Inc. (NASDAQ: ...
The U.S. Court of Appeals for the Fourth Circuit handed a win to insurers, when it found allegations against Under Armour Inc.—for misleading financial statements and accounting practices—are one ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Horizon Quantum Holdings Ltd. (“Horizon Quantum”), which will become the holding company of Horizon Quantum Computing Pte. Ltd., a pioneer of software infrastructure for quantum applications, today ...
Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Cogent Communications Holdings, Inc. (NASDAQ: ...