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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.