Janet Spreen

Jan 10, 2025 | mondaq.com | Janet Spreen |Eric B. Gyasi |Craig Hoffman

B BakerHostetler More Recognized as one of the top firms for client service, BakerHostetler is a leading national law firm that helps clients around the world address their most complex and critical business and regulatory issues. With five core national practice groups — Business, Labor and Employment, Intellectual Property, Litigation, and Tax — the firm has more than 970 lawyers located in 14 offices coast to coast.

Jan 7, 2025 | jdsupra.com | Eric B. Gyasi |Craig Hoffman |Janet Spreen

Key Takeaways: Impact Assessment Process – Verify that there is an internal protocol and process for (1) detecting cybersecurity incidents, (2) classifying incidents by potential impact (e.g., low, medium, high, critical), (3) escalating incidents based on severity classification to a committee that evaluates disclosure obligations (e.g., escalate all high and critical incidents), (4) assessing impact based on applicable qualitative and quantitative factors, (5) determining and documenting...

Nov 10, 2023 | jdsupra.com | Jennifer Rodriguez |Janet Spreen

Key Takeaways A federal appeals court reviewed enhanced share repurchase disclosure requirements adopted by the SEC in May 2023 and determined that they were “arbitrary and capricious,” in violation of the Administrative Procedure Act. The court has given the SEC 30 days to address deficiencies in the amendments implementing the disclosure requirements, after which time the amendments will either survive or be invalidated.

Nov 9, 2023 | lexology.com | Jennifer Rodriguez |Janet Spreen

Key TakeawaysA federal appeals court reviewed enhanced share repurchase disclosure requirements adopted by the SEC in May 2023 and determined that they were “arbitrary and capricious,” in violation of the Administrative Procedure Act. The court has given the SEC 30 days to address deficiencies in the amendments implementing the disclosure requirements, after which time the amendments will either survive or be invalidated.

Nov 1, 2023 | jdsupra.com | Janet Spreen |Samuel Toth

Key Takeaways The U.S. Securities and Exchange Commission (SEC) adopted amendments that will accelerate the filing deadlines for (i) Schedule 13D to five business days from 10 calendar days for initial filings, with amendments due within two business days, and (ii) Schedule 13G to five business days from 10 calendar days for initial filings by passive investors and other changes for initial filings and amendments depending on the type of filer.