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Dec 30, 2024 | 
jdsupra.com | Jonathan Wolfman
As previously reported, on December 23, 2024, a motions panel of the U.S. Court of Appeals for the Fifth Circuit grants the government’s emergency motion in the Texas Top Cop Shop matter to stay the preliminary nationwide injunctive relief from Corporate Transparency Act (“CTA”) filing obligations that had been granted on December 3, 2024, by the U.S. District Court for the Eastern District of Texas.
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Dec 27, 2024 | 
jdsupra.com | Jonathan Wolfman
December 27, 2024 To embed, copy and paste the code into your website or blog: On December 23, 2024, a panel of the U.S. Court of Appeals for the Fifth Circuit granted the government’s emergency motion in the Texas Top Cop Shop matter to stay the injunctive relief from Corporate Transparency Act (“CTA”) filing obligations granted earlier this month by Judge Mazzant of the U.S. District Court for the Eastern District of Texas. As a result, the beneficial ownership information (“BOI”) reporting...
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Dec 18, 2024 | 
jdsupra.com | Jonathan Wolfman
December 18, 2024
To embed, copy and paste the code into your website or blog:
Form 8-K requires public companies to make prompt disclosures about a large number of specified events. Although Form 8-K does not mandate current reporting of all material events, it goes a long way toward requiring public companies to keep the markets informed of material developments on a day-to-day basis.
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Aug 12, 2024 | 
lexology.com | Meredith B. Cross |Stephanie Avakian |Benjamin Powell |Joseph K. Brenner |C. Alex Bahn |Lillian Brown | +6 more
On July 18, 2024, the U.S. District Court for the Southern District of New York dismissed most of the claims brought by the Securities and Exchange Commission (the “Commission”) against SolarWinds Corp. (“SolarWinds”) and its Chief Information Security Officer (“CISO”) in SEC v. SolarWinds Corp. et al.
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Aug 9, 2024 | 
wilmerhale.com | Meredith B. Cross |Stephanie Avakian |Benjamin Powell |Joseph K. Brenner |C. Alex Bahn |Lillian Brown | +6 more
On July 18, 2024, the U.S. District Court for the Southern District of New York dismissed most of the claims brought by the Securities and Exchange Commission (the “Commission”) against SolarWinds Corp. and its Chief Information Security Officer in SEC v. SolarWinds Corp. et al. in connection with the SUNBURST attack.
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May 22, 2024 | 
wilmerhale.com | C. Alex Bahn |Lillian Brown |Meredith B. Cross |Jenna El-Fakih |Gregory Wiessner |Jonathan Wolfman
On May 21, 2024, Erik Gerding, Director of the SEC’s Division of Corporation Finance, issued a statement regarding the disclosure of cybersecurity incidents on Form 8-K. In his statement, Director Gerding encourages companies that voluntarily choose to disclose a cybersecurity incident that has not been determined to be material, or for which no materiality determination has yet been made, to make that disclosure using a Form 8-K item other than Item 1.05 (Material Cybersecurity Incidents).
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Mar 21, 2024 | 
wilmerhale.com | Molly Fox |Stephen M. Babendreier |Christopher Barnstable-Brown |Jenna El-Fakih |Stephanie Leopold |Connor McRory | +5 more
The 2024 IPO Report offers a detailed IPO market review and outlook, plus useful market metrics and need-to-know information for pre-IPO companies on the following topics: A review of EGC election practices and how they continue to evolve; How the duty of oversight applies to directors and officers, too; Reverse mergers as an alternative to an IPO; How recent SEC enforcement actions highlight the importance of D&O questionnaires; The pros and cons of an Employee Stock Purchase Plan (ESPP);...
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Jan 16, 2024 | 
mondaq.com | Lillian Brown |Meredith B. Cross |Jonathan Wolfman
While the Securities and Exchange Commission's (SEC) new
climate-related disclosure rules remain pending, recent comment
letters show that the SEC staff is not waiting for the rules to be
finalized in order to seek more detailed disclosures from public
companies around environmental issues.
In August and September 2023, staff in the SEC's Division of
Corporation Finance sent comment letters to over 12 companies
relating to their fiscal year 2022 Form 10-K (the 2023 Letters).
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Jan 12, 2024 | 
jdsupra.com | Lillian Brown |Meredith B. Cross |Jonathan Wolfman
While the Securities and Exchange Commission’s (SEC) new climate-related disclosure rules remain pending, recent comment letters show that the SEC staff is not waiting for the rules to be finalized in order to seek more detailed disclosures from public companies around environmental issues. In August and September 2023, staff in the SEC’s Division of Corporation Finance sent comment letters to over 12 companies relating to their fiscal year 2022 Form 10-K (the 2023 Letters).
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Nov 20, 2023 | 
mondaq.com | Jonathan Wolfman |Lillian Brown
Public companies are required to make prompt public disclosures
on Form 8-K about a large number of specified events. While Form
8-K does not mandate current reporting of all material events, it
goes a long way toward requiring public companies to keep the
markets informed of material developments on a day-to-day basis. Beginning December 18, 2023 (or June 15, 2024 for smaller reporting
companies), the list of events reportable on Form 8-K will grow to
include material cybersecurity incidents.
