JPMorgan’s Settlement Demonstrates Dodd-Frank’s Bite
Christopher J. Frisina On October 16, 2013, JP Morgan Chase Bank NA (“JPMorgan”) settled with the U.S. Commodities and Futures Trading Commission (“CFTC”) for $100 million.[1] JPMorgan admitted to...
View ArticleA Setback for Cable Streaming Start-Ups in the Fight Against FOX
Ryan Van Olst In Fox Television Stations, Inc. v. FilmOn X LLC,[1] the D.C. District Court granted Fox Television Stations and several other television network providers a preliminary injunction...
View ArticleSecurities and Exchange Commission v. Mark Cuban, No. 3:08-cv-02050 (N.D. TX...
Anna Cloeter In Securities and Exchange Commission v. Cuban, a jury in the U.S. District Court for the Northern District of Texas found Mark Cuban not guilty on charges of securities fraud for insider...
View ArticleFederal Jury Finds Bank of America’s Countrywide and one of its Former...
Lara Samuels On October 23, 2013, a federal jury in the Southern District of New York returned a guilty verdict for Bank of America and one of Countrywide’s former executives, Rebecca Mairone, for...
View ArticleMerger Agreements and the Importance of Contract Language: An Analysis of...
Dylan Mooney In Winshall v. Viacom Int’l. Inc.,[1] the Delaware Supreme Court held that in corporate mergers, a parent company is not guaranteed indemnification from its selling shareholders for all...
View ArticleThe Government Settlement Transparency & Reform Act: Clarity and Nothing More
Addison Pierce In December of 2009, Attorney General Eric Holder announced a precedent-setting $335 million settlement with Bank of America.[1] The deal settled claims that Countywide Financial,...
View ArticleTVI Corporation, et al. v. Gallagher, et al.
Chris O’Mahoney The Delaware Court of Chancery has shown a renewed interest in holding corporate founders also serving as directors subject to shareholder derivative actions when the founders engaged...
View ArticleSEC Approves Crowdfunding for Internet Stock Sales
Danielle Hartl Crowdfunding is “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.”[1] Companies in need of...
View ArticleHayes v. Activision Blizzard Inc.
Harini Kidambi In the fast-tracked case Hayes v. Activision Blizzard Inc.[1], the Delaware Supreme Court unanimously reversed the lower court’s injunction and allowed Activision Blizzard, Inc., a...
View ArticleSAC’s Insiders: Indicting Financial Institutions
Vesna Harasic On November 8th, 2013, billionaire Steven A. Cohen’s Connecticut-based hedge fund, SAC Capital Advisors (“SAC”), pled guilty to criminal fraud charges, after allowing—if not...
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