Monthly Archives: August 2018

Investors Filed GDPR-Related Securities Suit Against Nielsen Holdings | The D&O Diary

Earlier this year when I questioned whether or not privacy-related issues might represent an important emerging area of corporate liability, I was thinking we might see privacy claims emerge over time. I was thinking a longer time frame, over the course of years. What has happened is that the privacy-related claims are materializing now. As I previously noted, in July…

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S.E.C. Will Rehear Dozens of Cases After Supreme Court Ruling – The New York Times

The Securities and Exchange Commission said it would rehear dozens of cases recently brought before its in-house judges, in response to the Supreme Court’s ruling that the judges had not been properly appointed. Lawyers for the commission said in a court filing late Wednesday that the agency had reaffirmed the appointments of the same five administrative law judges who had…

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Tezos ICO Securities Suit Dismissal Motion Denial Addresses Key Threshold Issues | The D&O Diary

As I have previously noted, the dramatic recent rise in Initial Coin Offerings (ICOs) and in transactions involving cryptocurrencies generally has been accompanied by a number of securities class action lawsuits alleging, among other things, that the digital currencies’ issuers or sponsors failed to register the coins or tokens as securities with the SEC as required by the federal securities…

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Banker’s Phone Tapped in French Crackdown on Insider Trading – Bloomberg

Neither of them knew it, but police were listening to those November 2015 phone calls. French authorities had been seeking evidence in a sprawling inquiry into suspicious trades in more than a dozen securities, including ad agency Publicis Groupe, automaker Peugeot, and cement producer Lafarge. The investigation, France’s biggest-ever probe of insider trading, marks a major departure in a country…

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