Page 7 - Litigation Risks News Today

As a result of Brexit, UK-regulated firms will already have grappled with loss of passporting and equivalence measures, and the need to navigate national regimes and relocate staff. As...

How to Manage Social Media Liability in the Workplace: RIMS “I remember when the worst thing you had to worry about at work was a misdirected reply-to-all on an email.” Joann Lytle, a partner with the law firm McCarter & English in Philadelphia, knows things have changed and there are many ways for employees and businesses to get caught up in legal trouble these days using electronic communications and social media from Facebook to Twitter to YouTube to LinkedIn and more. Jennifer Reno, ris...

The SEC’s Division of Examinations is prioritizing exams of ESG-focused strategies, and will use the U.S.’s existing regulatory framework to review ESG-related disclosures.

To embed, copy and paste the code into your website or blog: In 2021, the global impact of environmental, social and corporate governance (“ESG”) investing will continue to grow, with key implications for the asset management industry. The new European regime on sustainability-related disclosures in the financial sector will roll out in March 2021, affecting both European and non-European asset managers alike. In the U.S., where there is no dedicated ESG-related regulatory structure in plac...

To embed, copy and paste the code into your website or blog: Under the Biden Administration, we expect the Department of Justice to reinvigorate the policies aimed at increasing coordination between the criminal and civil divisions.  In a 2015 Memorandum – the “Yates Memo” – former Deputy Attorney General Sally Yates pushed for “early and regular communication” between civil and criminal division attorneys in their pursuit of corporate investigations.  Current conditions, includin...

To embed, copy and paste the code into your website or blog: Over the past year, the use of Special Purpose Acquisition Companies, or SPACs, to go public has skyrocketed.[1] As The Wall Street Journal explained, “With interest rates on the floor and investors chasing young companies, this is a dream scenario for SPACs.”[2] As the SPAC boom continues, it is important to understand that SEC guidance on SPACs is evolving. The SEC’s statements on SPACs have quickly progressed from a short bu...

5 and even The World Health Organization, 6 it seems that no one is beyond of the reach of the class action, especially in the wake of the coronavirus pandemic. But have the plaintiffs in these cases suffered a bona fide injury caused by the defendants conduct? Many contemporary class actions exhibit features of what one legal scholar of past mass tort waves dubbed the "entrepreneurial model" 7 of lawyer-driven litigation. This article examines those features and the problems they present, and ...

“ -William Shakespeare, The Tempest, Act 2, Scene 1. The meteoric rise in class actions over the past decade has been well-documented.  Nowadays even mac & cheese is under attack, with two proposed nationwide class actions filed this month alone claiming labels such as “The Taste You Love”[1]  and “Made with Goodness!”[2] are false and misleading. Hair care products are also in the crosshairs.  This month a plaintiff and her lawyers filed their second class action in a year allegin...

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File a motion to quash. that is filed with the district court and court of appeals. a subpoena for live testimony has never been tested in court as to a president of the united states. there is a lot of language, articles and precedent against that. >> so he could do it, mueller. he could fail. it would take a lot of time and that really hurts mueller if he loses. >> i think it does because as long as the subpoena battle is open he will not want to say i closed the investigation. it will take a ...