Dodd-Frank Public Companies and Securities
SEC Sends Another Message on Section 16 Filings
Litigation, Public Companies and Securities In connection with a partial settlement of alleged fraudulent activities, the SEC charged three directors of a company associated with the fraud, but who did not participate in the fraud,with failing to make Section 16 filings. Two of the directors, one of which is a former Governor of the State of New York, settled the […] Read more →
OSHA Addresses Sarbanes-Oxley Whistleblower Releases
Employment, Litigation, Public Companies and Securities We have written about SEC enforcement actions related to severance and confidentiality agreements that restrict reporting matters to the SEC. OSHA has also issued guidance... Read more →
SDNY Awards Front Pay in Sarbanes-Oxley Whistleblower Retaliation Case
Employment, Litigation, Public Companies and Securities Perez v. Progenics Pharmaceuticals, Inc., involved a case where Plaintiff Perez drafted a memo to Progenics’ general counsel and his department head, accusing Progenics of... Read more →
SEC Suspends Regulation A+ Offering
Litigation, Public Companies and Securities In the first action of its kind, the SEC has temporarily suspended the Tier 2 Regulation A+ offering of Med-X, Inc. The $15 million continuous offering of common stock was... Read more →