When a public company maintains a defined contribution plan that includes a company stock fund as a permissible participant-directed investment, ERISA requires certain disclosures to be made. Read this practice note for information on what is required and the pros...
The Securities Act and the Exchange Act each have liability provisions that affect the control persons of entities that violate securities laws. Use this practice note to understand how liability is treated under each act. READ NOW » Related Content ...
Only misrepresentations or omissions of material facts are actionable in securities fraud cases. Use this practice note to examine this critical concept in an Exchange Act Section 10(b) fraud claim. READ NOW » Related Content Reliance in Securities...
Interim final rules promulgated under the HFCAA require certain issuers to disclose to the SEC information regarding foreign jurisdictions identified by the Public Company Accounting Oversight Board. Read this client alert digest to understand which companies will...
Review these 10 practice points that can help you, as counsel to a special purpose acquisition company (SPAC) or its placement agent, execute a private investment in public equity (PIPE) transaction alongside a SPAC business combination transaction. READ NOW...
In a debt exchange offer, an issuer will offer new debt securities in exchange for previously issued debt securities. Draft an acceptance order for a debt exchange offer with this template to notify the exchange agent to accept the debt securities on behalf of...
Consult this practice note for guidance relating to the rules and procedures governing the drafting, solicitation, and distribution of the proxy statement and annual report in anticipation the annual meeting. READ NOW » Related Content Proxy Card...
The Securities Exchange Commission made many changes, large and small, to the securities laws in 2020, and is likely to maintain a similar pace this year. Use this tracker to stay on top of proposed and adopted rules with summaries, effective dates, and evolving...
A proxy statement is required to be filed under Section 14A of the Securities Exchange Act of 1934 for a public company within 120 days after its fiscal year end. Use this checklist to make sure your clients’ proxy statement is in top shape. READ NOW »...
The New York Stock Exchange extended through March 31, 2021 the waiver of certain shareholder approval requirements applicable to related-party issuances and private placements of more than 20% of a listed company’s common stock. It has also proposed amendments...
Transactions in restricted or control securities are subject to Rule 144. Review this article to get up to speed on the SEC’s proposed amendments to the scope of, filing process for, and other amendments relating to, Form 144. READ NOW » Related...
Foreign Private Issuers (FPIs) use Form 20-F to make their annual report to shareholders in the United States. Use this checklist as a quick reference to which reporting requirements apply to FPIs and which do not. READ NOW » Related Content Foreign...
Section 16 insiders, (officers, directors, and principal stockholders of companies) are required to file Forms 3, 4, and 5 disclosing their holdings in each company. Use this template to draft a memorandum explaining these obligations to a company’s Section...
Short selling is a highly regulated practice used by many types of investors. Use this practice note to learn about Regulation SHO, Regulation M, Rule 10b-21, and other rules governing short sales. READ NOW » Related Content Regulation of Hedge Funds...
Public companies may use this form in a registered offering of securities under an employee benefit plan. Use this checklist to keep your clients’ filings compliant. SEE FULL CHECKLIST » Related Content Board Resolutions: Non-Employee Director...