Stephenj Easterbrook News Today

The Nutter Securities Enforcement Update is a periodic update of noteworthy recent securities enforcement activity, settlements, decisions, and charges. We provide brief summaries that...

This is the third segment of a four part series on trends in SEC Enforcement during the first quarter of 2023. The first part of the series was…

On March 1, 2023, in In re McDonald's Corporation Stockholder Derivative Litigation, Vice Chancellor Travis Laster of Delaware's Court of Chancery granted a motion to dismiss derivative claims...

Key Points - On February 3, 2023, Activision Blizzard settled charges with the SEC, agreeing to pay $35 million to resolve novel claims that the company failed to maintain...

In re McDonald’s Corporation Stockholder Derivative Litigation, plaintiff-stockholders of McDonald’s asserted claims for breach of fiduciary duty against McDonald’s, its Board of Directors, certain officers for alleged corporate culture of sexual harassment and misconduct.

Last year, we discussed how stockholder complaints concerning environmental, social, and governance (“ESG”) issues were making their way to the courtroom and, specifically, how  the...

Delaware Court of Chancery Clarifies That Fiduciary ‘Duty of Oversight' Applies to Officers and Extends Fiduciary Duty Claims to Include Sexual Harassment.

On January 25, 2023, in In re McDonald’s Corporation Stockholder Derivative Litigation, Vice Chancellor Travis Laster of Delaware’s Court of Chancery denied a motion to dismiss a...

SEC seeks enhanced disclosures regarding inflation impact - On December 8, 2022, Intelligize reported on the Securities and Exchange Commission’s recent comment letters re...

McDonald's Corp.'s former CEO Stephen J. Easterbrook on Monday agreed to a $400,000 fine and a five-year officer and director bar to settle the U.S. Securities and Exchange Commission's claims he lied about the circumstances leading to his termination, while the company avoided a fine in its own settlement.