A coalition of business leaders, investors and organizations sent a letter on February 8, 2018, to President Donald Trump in support of the International Entrepreneur Rule, which is in effect following a court order.
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By Wayne W. Carlson, Michael S. Raum & Elizabeth L. Alvine
North Dakota law broadly prohibits non-compete and non-solicitation provisions in contracts, particularly between employer and employee, but also for anyone entering into such an agreement outside of the employment context. The North Dakota Supreme Court’s recent opinion takes this prohibition one step further
On February 21, the SEC issued a statement and interpretive guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents.
Reprimands of Big Banks Highlight Importance of Effective Oversight by Boards, Board Chairs and Lead Directors
In addition to imposing strong sanctions on Wells Fargo, the Federal Reserve Board has publicly posted letters of reprimand issued to the bank’s former CEO/board chair (in his capacity as chair), former independent lead director and current board, criticizing their ineffective oversight.
Might the SEC require sunsetting of dual-class shares listed on stock exchanges?
Small public companies may soon find life easier when it comes to filing forms and accessing capital, thanks to pending initiatives in Congress and at the SEC.
Is relief on the way for defendants targeted in state court class actions based on alleged violations of the Securities Act of 1933?
In-house compliance programs suffered a blow by the U.S. Supreme Court’s recent decision in Digital Realty Trust, Inc. v. Somers.
By Marc J. Ward
Shareholder value in a bank is enhanced when the individuals who manage and operate the bank have an incentive to maximize profitability.
On February 21, the SEC adopted new interpretive guidance (the Guidance) to assist public companies in preparing disclosures about cybersecurity risks and incidents.