The Law of the Financial Markets from Top Securities Lawyers
Thursday, April 25, 2024
In a landmark settlement, Skechers U.S.A. Inc., the renowned California-based footwear giant, has agreed to pay a $1.25 million civil penalty following charges by the SEC. The SEC’s allegations centered on the company’s failure to adequately disclose certain payments and loans benefiting its executives and their family members. Unveiling Undisclosed […]
The Securities and Exchange Commission today adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings. The final rules reflect the Commission’s efforts to respond to investors’ demand for more… SEC Press Release
The Securities and Exchange Commission today adopted rule amendments that update the disclosure required under Rule 605 of Regulation NMS for order executions in national market system stocks (NMS stocks), which are stocks listed on a national securities… SEC Press Release
For investors aiming to understand or invest in U.S. public companies, the annual reports on Form 10-K and the quarterly reports on Form 10-Q are invaluable resources. These documents offer an in-depth view of a company’s operations, the challenges it faces, and its financial performance over the year or quarter. […]
Lawyer Form 8-K: A Comprehensive Guide for Investors In the realm of finance, staying abreast of the latest corporate developments is crucial for investors aiming to make well-informed decisions. Whether it’s a company unveiling its quarterly earnings, another grappling with auditor concerns that might signal trouble, or a third navigating […]
On March 1, 2024, the Securities and Exchange Commission (SEC) announced that it has brought an enforcement action involving HG Vora Capital Management LLC, a New York-based investment advisory firm. This case underscores the critical importance of timely and transparent ownership disclosures in the financial world, especially in the context […]
SEC Charges Lordstown Motors with Misleading Investors Regarding Flagship Electric Vehicle Washington D.C., Feb. 29, 2024 —The Securities and Exchange Commission (SEC) has taken action against Lordstown Motors Corp., alleging that the company misled investors regarding the sales prospects of its flagship electric pickup truck, the Endurance. Lordstown, which underwent […]
From our friends at New Edge Wealth – “A Required Minimum Distribution (RMD) mandates that individuals who reach a certain age are obligated to start taking minimum distributions from their tax-advantaged retirement accounts. The RMD provision was put into place to ensure funds within retirement accounts are used for their […]
The SEC has taken legal action against Paul A. Pereira, the former CEO and co-founder of Alfi, Inc., for allegedly disseminating false and misleading information via social media platforms to artificially inflate the company’s stock price. Alleged Misrepresentation of Financial Performance Under the pseudonym “Uptix12,” Pereira purportedly made statements shortly […]
Spouse purchased stock using non-public information about planned merger Feb. 22, 2024 — The Securities and Exchange Commission today charged Tyler Loudon of Houston, Texas, with insider trading ahead of a February 2023 announcement that London-based oil and gas company BP p.l.c. agreed to acquire TravelCenters of America Inc., a […]
