21Jan
Southern District of New York Dismisses Section 14(a) Claim Arising Out Of Packaging Companies’ Merger
On January 12, 2021, the United States District Court for the Southern District of New York dismissed a putative class action complaint against Bemis Company Inc. and members of its board of directors (collectively, “Bemis”) that alleged materially misleading statements in connection with a merger, in violation of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in In re Bemis Co. Sec. Litig.[1] This decision is significant because it provides favorable...
By:
Seyfarth Shaw LLP
Related
In the aftermath of the killing of George Floyd and the resulting Black Lives Matters protests, many...
Read More >
Over the next year, the Department of Labor (DOL) will likely be issuing guidance in a number of are...
Read More >
Noteworthy – no holiday pro-rating for "part year" music teacher - In The Harpur Trust v Brazel th...
Read More >
On July 1, the US Department of Education released a final rule that rescinds the entirety of the Ob...
Read More >
In late March, the Treasurer of Australia announced temporary changes to Australia's foreign investm...
Read More >
The U.S. Supreme Court ruled on February 26, 2020 that ERISA plaintiffs do not gain “actual knowled...
Read More >