Corporate

Recent Posts

Cybersecurity Disclosure Under Scrutiny
Posted on 6 Nov 2013 by Kevin M. LaCroix

The threat of a cybersecurity breach is unfortunately one of the ongoing business risks companies face in the current operating environment. For that reason, corporate disclosures of cyber-breach related risks have been a priority of the SEC’s Division... Read More

Data Breach-Related Derivative Lawsuit Filed against Home Depot Directors and Officers
Posted on 10 Sep 2015 by Kevin M. LaCroix

In early 2014, when plaintiffs initiated data breach-related derivative lawsuits against the boards of Target Corp. ( here ) and Wyndham Worldwide ( here ), there was some speculation that these cases might be the first of what could become a wave of... Read More

Assessing U.S. Public Company Cyber Risk Disclosure Practices-X
Posted on 30 Sep 2013 by Doug Esten

It has been nearly two years since the SEC Division of Corporate Finance issued its Disclosure Guidance on cybersecurity risks. During this period reporting companies have had the opportunity to incorporate disclosures in their reporting documents about... Read More

Will Investors Sue Over the Sony Hack Attack?
Posted on 7 Jan 2015 by Kevin M. LaCroix

As I noted in my recent rundown of the top D&O stories of 2014, one of the most important developments during the year just finished was the emergence of cyber security as a D&O liability concern. During 2014, plaintiff shareholders launched cyber... Read More

Assessing U.S. Public Company Cyber Risk Disclosure Practices
Posted on 30 Sep 2013 by Kevin M. LaCroix

It has been nearly two years since the SEC Division of Corporate Finance issued its Disclosure Guidance on cybersecurity risks. During this period reporting companies have had the opportunity to incorporate disclosures in their reporting documents about... Read More

  • Blog Post: Assessing U.S. Public Company Cyber Risk Disclosure Practices

    It has been nearly two years since the SEC Division of Corporate Finance issued its Disclosure Guidance on cybersecurity risks. During this period reporting companies have had the opportunity to incorporate disclosures in their reporting documents about the cybersecurity risks they face. To develop a...
  • Blog Post: Cybersecurity Disclosure Under Scrutiny

    The threat of a cybersecurity breach is unfortunately one of the ongoing business risks companies face in the current operating environment. For that reason, corporate disclosures of cyber-breach related risks have been a priority of the SEC’s Division of Corporate Finance as well as the agency’s...
  • Blog Post: Will Investors Sue Over the Sony Hack Attack?

    As I noted in my recent rundown of the top D&O stories of 2014, one of the most important developments during the year just finished was the emergence of cyber security as a D&O liability concern. During 2014, plaintiff shareholders launched cyber breach-related derivative lawsuits against the...
  • Blog Post: Data Breach-Related Derivative Lawsuit Filed against Home Depot Directors and Officers

    In early 2014, when plaintiffs initiated data breach-related derivative lawsuits against the boards of Target Corp. ( here ) and Wyndham Worldwide ( here ), there was some speculation that these cases might be the first of what could become a wave of data-breach related D&O lawsuits. But then the...