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Keep Your Unreasonable Opinions to Yourselves: The Supreme Court Hears...
On November 3, 2014, the U.S. Supreme Court held oral argument in Omnicare v. Laborers District Council Construction Industry Pension Fund. As discussed in earlier posts, from March 18, 2014 and July...
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The Supreme Court’s Omnicare Decision: Implications And Remaining Questions...
On March 24, 2015, the Supreme Court issued its much anticipated decision in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, No. 13-435, 2015 WL 1291916 (Mar. 24, 2015)....
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Pay Ratio Rule Continues Down Slow Road After Public Senatorial Scolding
On Friday June 5, 2015, the SEC made incremental progress toward finalizing the “pay ratio” rule required by the 2010 Dodd-Frank Act by publishing a memo from the Division of Economic and Risk Analysis...
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Second Circuit Applies Omnicare to Affirm Dismissal of Securities Fraud Actions
On March 4, 2016, the Second Circuit affirmed the dismissal of two related securities actions against Sanofi Pharmaceuticals, its predecessor Genzyme Corporation, and three company executives...
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Equity Trust Notches a Rare Defense Win in SEC Administrative Proceedings
On June 27, 2016, SEC Administrative Law Judge Carol Fox Foelak dismissed the Division of Enforcement’s charges against IRA custodian Equity Trust Company in connection with the company’s processing of...
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