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Seventh Circuit Rules Aerospace Company Cannot Use Bylaws To Avoid Federal Securities Claims | Shearman & Sterling LLP - Vimarsana News

Seventh Circuit Rules Aerospace Company Cannot Use Bylaws To Avoid Federal Securities Claims | Shearman & Sterling LLP

On January 7, 2022, a split panel of the United States Court of Appeals for the Seventh Circuit reversed the dismissal of claims under Section 14(a) of the Securities Exchange Act of...

Seventh Circuit Rules Aerospace Company Cannot Use Bylaws To Avoid Federal Securities Claims - Corporate/Commercial Law - Vimarsana News

Seventh Circuit Rules Aerospace Company Cannot Use Bylaws To Avoid Federal Securities Claims - Corporate/Commercial Law

Plaintiff's derivative suit alleged that Defendants made false and misleading statements in proxy materials from 2017 through 2019 in violation of Section 14(a) of the Exchange Act.

Source: mondaq.com