Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Litigation

Fintech Company Subject to SEC Enforcement Action for Exceeding Rule 701 Option Grant Limit

Employment, Executive Compensation, Litigation, Public Companies and Securities Subject to its limits, Rule 701 permits non-reporting companies to grant employees equity without registration under the Securities Act of 1933.  One component of Rule 701 requires certain disclosure materials to be delivered to employees if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $5 million.  Rule 701 […] Read more →

by   |   March 17, 2018

Director Discretionary Compensation Awards Tested by Entire Fairness Standard According to Delaware Supreme Court

Employment, Executive Compensation, Litigation, Public Companies and Securities In a recent decision by the Delaware Supreme Court in In re Investors Bancorp Stockholders Litigation, the court found that director equity grants based on director discretion are... Read more →

by , and   |   December 14, 2017

SEC Brings Enforcement Action for Inadequately Documented Perks but Does Not Impose Penalty

Litigation, Public Companies and Securities The SEC charged a biopharmaceutical company with committing a series of accounting controls and disclosure violations, including the failure to properly report as compensation... Read more →

by   |   December 12, 2017

Stacks of Coins

SEC Busts Fraudulent Initial Coin Offerings

Litigation The SEC charged a businessman and two companies with defrauding investors in a pair of so-called initial coin offerings, or ICOs, purportedly backed by investments in real estate... Read more →

by   |   September 29, 2017