LexisNexis Overview: Florida public policy that would invalidate waivers
of class actions in cell phone customers' contracts was an obstacle to the
Federal Arbitration Act's objective of enforcing arbitration agreements
according to their terms...
LexisNexis Overview: There was no allegation that an investment advisor
filed prospectuses and falsely attributed them to a mutual fund, nor did the
prospectuses indicate that they came from the advisor instead of the fund;
thus, the advisor did not...
fiduciary duty, shareholder, redemption, mandatary, rescission, merger, summary
judgment, disclose, material fact, tire, prescriptive period, fiduciary, choice
of law, acquisition, disclosure, investor, minority shareholder, duty...
Core Terms: stock,
fiduciary, disclosure, prudence, invest, disclose, probable, securities-fraud,
invested, fiduciary duties, breached, stock price, misleading, investing,
amend, diversify, risky, drop, plan's assets, duty of loyalty...
Overview: Demand futility under Del. Ch. Ct. R. 23.1 was not excused as to
derivative claims where a majority of the board was disinterested, independent,
and not subject to personal liability due to an exculpatory provision under
Core Terms: fiduciary's, stock's, imprudent, prudence,
fiduciary duty, auction, discretionary authority, loyalty, stock prices, common
stock, duty to investigate, disclose, misrepresentation, nondisclosure,
investor, receiver, winning, partnerships, individualized, receivership,
discovery, good faith, red flags, defrauded, invested, winner's, fraudulent
transfer, partners, approve, intend, fair value, inquiry notice, depositions...
Overview: Where foreign shareholders alleged that respondents violated § 10(b) of
the Securities and Exchange Act of 1934 and SEC Rule 10b-5 regarding
securities traded on foreign exchanges, dismissal was warranted because §...
Lexis.com subscribers can view the enhanced version of Siegel v. SEC
Non-subscribers can use lexisOne’s Free Case Law search to view the free, un-enhanced version of Siegel v. SEC
Securities and Exchange Commission's action against the chief financial officer of a corporation who devised fraudulent accounting strategies was timely filed pursuant to 28 U.S.C.S. § 2462 because it was brought within five years of the officer's...
Core Terms: investor, escrow agent, aiding and abetting, escrow, scienter,
broker-dealer, issuer, broker, aider and abettor, disclose, Exchange Act,
stock, certificate, registration, negotiations, register, securities law,
CORE TERMS: intervene, movant, ability to protect, impair, impede, matter of right, practical matter, adequately represented, permissive, lawsuit, inspection
Lexis.com subscribers can view the enhanced version of SEC v. Provident Royalties, LLC
Core Terms: exposure,
write-down, mortgage, billion, subprime, mortgage-backed, scienter, portfolio,
stock, counterparty, hedge, hedged, press release, citation omitted, securities
fraud, class action, disclosure, announced, investors,...
Corporate bylaws obligated plaintiffs, the selling shareholders of a pharmacy corporation, to give defendant written notice of any intent to sell or transfer their shares. Bylaws also gave defendant a right of first refusal. Therefore, plaintiffs had...
Lexis.com subscribers can view the enhanced version of Lone Star Fund V (US), LP v. Barclays Bank PLC
Non-subscribers can use lexisOne’s Free Case Law search to view the free, un-enhanced version of Lone Star Fund V (US), LP v. Barclays Bank...
lease payments, directed verdict, billboard, omission, unregistered, securities
fraud, deceive, purchaser, invested, disclose, new trial, net worths,
misrepresentation, sales agents, material fact, selling, fraud claims, review...
CORE TERMS: investor, receiver, broker, long-term, short-term, standing to bring, custodian, warehousing, helped, mismatching, maturity, fake, matter of law, receivership, supervision, issuing, selling, owed, claims presented, certificates, deposit, maturity...
Lexis.com subscribers can view the enhanced version of In re Rackable Sys.
CORE TERMS: stock, summary judgment, repayment, misrepresentation, statute of limitations, misstatements, rescission, securities fraud, security interest, prepayment, fraud-based, damaged, repaid, notice, stock purchase, per share, condition precedent...
releases, personal jurisdiction, service of process, particularity, nationwide,
participated, misleading, long-arm, corporate officers, fair play, substantial
justice, conducting, wireless, haled, physical presence, day-to-day, cell...
Lexis.com subscribers can view the enhanced version of Nickell v. Shanahan
CORE TERMS: proxy statement, media reports, bonuses, opined, shareholder, materiality, warning, mix, media, purported, investor, briefing, disclose, paying, year-end, Law School, misrepresentations, methodological, inadmissible, immaterial, depositions...
Lexis.com subscribers can view the enhanced version of SEC v. Shanahan
prostreammedia, moxiesearch, stock, declaratory relief, confidential,
trade-secret, proprietary, unfair competition, correctly, wrongful use, leave
to amend, trade secrets, trade dress, unincorporated, declaration, domain,