
David A. Sakowitz
Articles
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1 month ago |
mondaq.com | David A. Sakowitz |Gregory Garcia |Ashley Barnett
On May 19, 2025, the Texas Governor Greg Abbott signed SenateBill 1057 (SB 1057), a law that heightens the threshold forshareholder proposals at certain Texas-based public companies. Thelaw is set to take effect on September 1, 2025. The law is part ofa larger effort to position Texas as a competitive place forcorporate domicile.
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Jan 8, 2025 |
mondaq.com | David A. Sakowitz |Michael Blankenship |Ben Smolij |Kamil Turkmani
The Electronic Data Gathering System Analysis, and Retrieval(EDGAR) system will be closed on Thursday, January 9, 2025 inobservance of a federal holiday honoring the thirty-ninth Presidentof the United States, James Earl Carter, Jr., pursuant to President Biden's December 30, 2024 executiveorder. Additionally, the New York Stock Exchange and Nasdaqwill suspend trading on January 9, 2025, as a mark of respect.
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Nov 19, 2024 |
mondaq.com | Michael Blankenship |David A. Sakowitz |Drew Pierce |Jeremy Spankowski
On September 16, 2024, the Securities and Exchange Commission (SEC) filed securities fraud charges (the Enforcement Action) against the former chief executive officer (CEO), former chief financial officer (CFO), and former audit committee chair (the AC Chair) of Kubient Inc.
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Nov 6, 2024 |
mondaq.com | Michael Blankenship |David A. Sakowitz |Emily Semon |Robert Allan Oakes
On September 27, 2024, the Securities and Exchange Commission (SEC) adopted rule and form amendments intended to enhance the security of its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system and improve filers' access and account management capabilities. These changes are being referred to as EDGAR Next.
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Nov 1, 2024 |
mondaq.com | David A. Sakowitz |Ben Smolij |Emily Semon |Megan Thomas
On October 22, 2024, the Securities and Exchange Commission (the SEC) announced charges and million-dollar penalties against four companies for allegedly making materially misleading disclosures regarding cybersecurity risk and intrusions relating to SolarWinds' Orion software hack. SolarWinds provides an IT performance and monitoring product called Orion, which issued a routine software update in March 2020.
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