First Solar: Corrective Disclosure Keeps Its Flare, As the Supreme Court Declines to Review the Ninth Circuit’s Broad Interpretation Authors of this newsletter: “Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of […] Read More
In Alon Litigation, Delaware Courts Clarify Standard of Review for Controller Squeeze-Outs Authors of this newsletter: Grant Goodhart III Kessler Topaz recently defeated efforts to dismiss litigation filed on behalf of the Arkansas Teachers Retirement System regarding Delek US […] Read More
Delaware Chancery Court Says Stockholders Were Misinformed When Approving Buyout of KCG Holdings Authors of this newsletter: J. Daniel Albert Since 2017, Kessler Topaz has been pursuing claims on behalf of Chester County Employees’ Retirement Fund (“Chester County”) and KCG […] Read More
SEC Proposes Rule Changes to Eliminate Auditor Review for Smaller Companies Authors of this newsletter: On May 9, 2019, the Commissioners of the U.S. Securities and Exchange Commission (the “SEC”) voted to propose amendments that […] Read More
Back to Normal: the Ninth Circuit Revives Settlement Standard in Multi-State Class Actions Authors of this newsletter: Ryan Degnan In In re Hyundai & Kia Fuel Economy Litigation, 926 F.3d 539 (9th Cir. 2019) (“Hyundai & Kia”), the Ninth […] Read More
Court Certifies Direct Purchaser Class Claims That Pharmaceutical Companies Unlawfully Sought to Delay and Suppress Generic Competition for the Oral Contraceptive Loestrin 24 Fe Authors of this newsletter: Terence Ziegler On July 2, 2019, Chief Judge William E. Smith of the United States District Court for the District of Rhode […] Read More
