16Nov
When Do M+A Discussions Constitute MNPI? Recent SEC Guidance May Shed Some Light
Last month, the SEC announced that a public company had agreed to pay a $20 million penalty to resolve charges related to its repurchase of stock while supposedly in possession of material, non-public information (“MNPI”) that it might be acquired by another company. The SEC’s cease and desist order offers important lessons for assessing whether a company is in possession of MNPI in the context of ongoing M&A discussions....
By:
Goodwin
Related
In this episode I visit with podcast favorite Jim Murphy, who is the VP of Products at Hanzo. We dis...
Read More >
The Second Circuit sent shock waves through the community of ERISA stock-drop practitioners late las...
Read More >
The EAT upheld an Employment Tribunal (ET) decision that the dismissal of a Probation Service Office...
Read More >
Given the recent tropical systems that have hit Texas including Laura and Beta (who still has not de...
Read More >
Last month New York Governor Cuomo approved amendments to the state’s election laws that provide em...
Read More >
It is well established that welfare plans are not subject to the vesting requirements of ERISA. Ther...
Read More >