Brenda R. Sharton

Apr 5, 2024 | legal.thomsonreuters.com | Brenda R. Sharton |Gerard Stegmaier |Goodwin Procter

Corporate directors and officers may increasingly be targets of shareholder derivative lawsuits in the wake of the surge of regulatory actions and private litigation around data breaches. While no individual directors and officers have been held liable for the costs of a data breach to date, such lawsuits have been filed. Signals from plaintiffs' attorneys indicate that, if they have their way, the wave will break soon. Corporate leaders need not be caught off guard.

Aug 16, 2023 | lexology.com | Ralph R. Mazzeo |Andrew P. Pontano |Brenda R. Sharton |Timothy Spangler |Georgina McLeod

BackgroundIn March 2022, the SEC issued a proposed rule (the “Proposed Rule”) to expand and standardize disclosure and reporting requirements for public companies regarding cybersecurity risks, incidents and management.2 The SEC issued the Proposed Rule in response to a perceived rise in cybersecurity risks, the severity in cost and impact to companies experiencing cybersecurity attacks and the lack of standardization regarding disclosure.

Aug 2, 2023 | law360.com | Brenda R. Sharton |Benjamin Sadun |James Smith

By Brenda Sharton, Benjamin Sadun and James Smith (August 2, 2023, 2:02 PM BST) -- The exponential advancement and increased deployment of artificial intelligence technologies, including generative AI applications such as ChatGPT, have revolutionized various sectors across the global economy.... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.

Aug 2, 2023 | law360.co.uk | Brenda R. Sharton |James Smith |Benjamin Sadun

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Apr 17, 2023 | lexology.com | Timothy Blank |Kevin Cahill |Brenda R. Sharton |Hilary Bonaccorsi |James Smith

IntroductionAt an open meeting on March 15, 2023, the U.S. Securities and Exchange Commission voted unanimously to propose rule amendments to Regulation S-P (Proposed Rule) and published an accompanying release (Release).1 The Proposed Rule would apply to investment advisers registered with the SEC, broker-dealers and investment companies (collectively, Covered Institutions). Certain provisions also would apply to transfer agents.