The COVID-19 Pandemic Does Not Suspend Obligations Under the Federal Securities Laws Authors of this newsletter: Karissa Sauder , Ryan Degnan Significant structural strains on equity markets often expose undisclosed risk lurking in investors’ portfolios. The bursting of the dot-com and […] Read More
U.S. Supreme Court to Weigh in on Rebutting the Fraud on the Market Presumption Authors of this newsletter: On December 11, 2020, the Supreme Court granted certiorari in Goldman Sachs Group Inc. v. Arkansas Teacher Retirement System, a recent […] Read More
Trying Times For Trials: Delaware Chancery Court Adapts to the Pandemic Authors of this newsletter: Matthew Benedict On Friday, March 13, 2020, attorneys from Kessler Topaz huddled with co-counsel in Wilmington, Delaware, making final preparations for a […] Read More
KTMC Secures Major Legal Victory in CBS Merger Litigation Authors of this newsletter: Grant Goodhart III On January 27, 2021, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery issued an opinion in In […] Read More
Delaware Supreme Court Affirms Stockholders’ Rights to Investigate Amerisourcebergen’s Opioid Distribution Practices Authors of this newsletter: On December 10, 2020, the Supreme Court of Delaware issued a landmark ruling affirming the rights of AmerisourceBergen Corp. stockholders […] Read More
Revisions to Chinese Securities Laws Include More Robust Disclosure Requirements and a Mechanism for Representative Opt-out Shareholder Litigation Authors of this newsletter: Emily Christiansen On March 1, 2020, China’s revised Securities Law went into effect. The revised Securities Law is a major revision to […] Read More
The Eastern District of Virginia Denies State Farm’s Motion to Dismiss Business Interruption Claims Resulting from Orders Shutting Down Businesses Due to COVID-19 Authors of this newsletter: Jordan Jacobson Kessler Topaz recently achieved a rare success, overcoming efforts by State Farm[1] to dismiss a complaint filed on behalf of Virginia […] Read More
