LexisNexis® Legal Newsroom
Surge of Securities Litigation Against U.S.-Listed Chinese Companies Raises Critical D&O Insurance Issues

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services and Peter M. Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP One of the most distinctive U.S. litigation trends over the last twelve months has been the surge of securities class action lawsuits filed against...

SEC Provides Guidance on “Super” Forms 8-K

The SEC's Division of Corporation Finance issued some guidance with the staff's observations in its reviews of "super" Forms 8-K filed following reverse mergers. As we know, in 2005 the SEC adopted a rule requiring the filing within four business days after a merger with a reporting...

For the SEC, 2013 Was a Very Good Year for Targeting Financial Fraud

The Securities and Exchange Commission had a very good year targeting financial fraud. Those who commit fraud, not so much. In fiscal year 2013, the SEC’s enforcement actions resulted in a record $3.4 billion in monetary sanctions ordered against wrongdoers. The SEC filed 686 enforcement...