The battle over whether ESG belongs in investment decision-making, and whether failure to adhere to ESG principles can lead to litigation against companies, has created some very curious legal situations. The two below are wholly unrelated, but also illustrative of … Continue reading
Stephen Honig
For a long time, it has been settled law that if you bought shares on a public offering and if the prospectus was materially deficient, and if then the price of the shares you purchased fell, then you the investor … Continue reading
I am not making this up. It was reported two days ago that two Ivy League student athletes, a male and a female it seems, have sued all eight Ivy League schools, asserting a class action on behalf of more … Continue reading
Everyone seems to know that VC financing in the current environment has dried up to a material extent. The statistics demonstrating this fact, as set forth in the current issue of Economist magazine, are startling in confirmation, with the greatest … Continue reading
The National Labor Relations Board ten days ago declared it an unfair labor practice, when offering a severance agreement to an employee, to include in that offer either a broad confidentiality provision or a broad non-disparagement agreement, which terms have … Continue reading
Bing’s Chatbox has been much in the news and much reviled on several levels; the New York Times a few days ago did quite a number on its allegedly dangerous functionality. To me, there was an eerie similarity to the … Continue reading
Add a social dimension to the interaction of board members; in your annual survey of board members, ask them to comment on the performance not only of themselves but also of other board members. Reduce the size of your board … Continue reading
A couple of weeks ago I posted about a new Federal Trade Commission initiative to toughen the anti-trust laws by proposing to ban all non-comps, even those previously executed. Now the FTC proposes to begin enforcing the now-obscure Robinson Patman … Continue reading
The FTC on January 5 issued a stunning proposed rule that wipes out all employment noncomps for all employees and consultants, including those that comply with State laws and those that are currently in existence. The theory is that non-comps … Continue reading
Officers and directors of public companies run a risk, in trading their company shares, that they will be liable to injured buyers or sellers of their shares if, shortly after the trade, the stock price moves and makes clear that … Continue reading