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Ninth Circuit Affirms In Part And Reverses In Part Decision Dismissing Section 16(b) Complaint - Shareholders - Vimarsana News

Ninth Circuit Affirms In Part And Reverses In Part Decision Dismissing Section 16(b) Complaint - Shareholders

On November 16, 2023, the United States Court of Appeals for the Ninth Circuit affirmed in part and reversed in part a motion to dismiss a derivative action brought by a shareholder of a publicly traded biotechnology...

Source: mondaq.com
Ninth Circuit Affirms In Part And Reverses In Part Decision Dismissing Section 16(b) Complaint | Shearman & Sterling LLP - Vimarsana News

Ninth Circuit Affirms In Part And Reverses In Part Decision Dismissing Section 16(b) Complaint | Shearman & Sterling LLP

On November 16, 2023, the United States Court of Appeals for the Ninth Circuit affirmed in part and reversed in part a motion to dismiss a derivative action brought by a shareholder of...

Ninth Circuit Provides Guidance On SEC Rule 16b-3 Short-Swing Profit Liability Exemption - Shareholders - Vimarsana News

Ninth Circuit Provides Guidance On SEC Rule 16b-3 Short-Swing Profit Liability Exemption - Shareholders

In Roth v. Foris Ventures, LLC, Nos. 22-16632, 22-16633, 2023 U.S. App. LEXIS 30081 (9th Cir. Nov. 13, 2023), the United States Court of Appeals for the Ninth Circuit partially reversed the dismissal of a shareholder derivative suit.

Source: mondaq.com
Ninth Circuit Provides Guidance on SEC Rule 16b-3 Short-Swing Profit Liability Exemption | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

Ninth Circuit Provides Guidance on SEC Rule 16b-3 Short-Swing Profit Liability Exemption | Sheppard Mullin Richter & Hampton LLP

In Roth v. Foris Ventures, LLC, Nos. 22-16632, 22-16633, 2023 U.S. App. LEXIS 30081 (9th Cir. Nov. 13, 2023), the United States Court of Appeals for the Ninth Circuit partially reversed...

Amyris files for bankruptcy and sells consumer brands to focus on ingredients - Vimarsana News

Amyris files for bankruptcy and sells consumer brands to focus on ingredients

Amyris and certain of its U.S. subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. The company said the decision was taken in order to facilitate its business and financial reorganization. Amyris intends to streamline its business portfolio to focus on its core competencies in R&D and the scale-up, commercialization, and applications development of its sustainable ingredients derived through biofermentation. The...