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1 week ago | 
mondaq.com | Lillian Brown |Alan Wilson |Noah Levin
Global events over the past quarter have had and continue tohave a variety of disparate impacts on public companies. Below aresome selected disclosure reminders to keep in mind for the upcomingquarterly reporting season, which is likely to play out against thebackdrop of a volatile and uncertain market environment.
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1 week ago | 
jdsupra.com | Lillian Brown |Noah Levin |Alan Wilson
Global events over the past quarter have had and continue to have a variety of disparate impacts on public companies. Below are some selected disclosure reminders to keep in mind for the upcoming quarterly reporting season, which is likely to play out against the backdrop of a volatile and uncertain market environment.
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2 weeks ago | 
wilmerhale.com | Lillian Brown |Alan Wilson |Noah Levin
Global events over the past quarter have had and continue to have a variety of disparate impacts on public companies. Below are some selected disclosure reminders to keep in mind for the upcoming quarterly reporting season, which is likely to play out against the backdrop of a volatile and uncertain market environment.
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Sep 12, 2024 | 
jdsupra.com | C. Alex Bahn |Lillian Brown |Meredith B. Cross
[co-author: Amy O'Connell]While the Securities and Exchange Commission’s (SEC) new climate-related disclosure rules remain stayed, the SEC has not abandoned its focus on sustainability-related issues. On September 10, 2024, the SEC charged Keurig Dr Pepper Inc. (“Keurig”) with making inaccurate statements regarding the recyclability of its K-Cup single use beverage pods.
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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 23, 2024 | 
jdsupra.com | C. Alex Bahn |Lillian Brown |Meredith B. Cross
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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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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Apr 25, 2024 | 
jdsupra.com | C. Alex Bahn |Lillian Brown |Jenna El-Fakih
On April 15, 2024, Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, spoke at a compliance and enforcement conference regarding the challenges and potential missteps associated with the increased use of artificial intelligence (AI).
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Apr 15, 2024 | 
mondaq.com | Lillian Brown |Meredith B. Cross |Liz Graffeo |Jenna El-Fakih
On April 4, 2024, the SEC issued a stay of its final
climate-related disclosure rules. The SEC adopted the long-awaited
final rules in March after receiving more than 24,000 comment
letters. WilmerHale's summary and analysis of the final rules
can be found on the
Keeping Current: Disclosure and Governance Developments
blog.
While the final rules were scaled back in many respects from the
proposed rules, several entities and states filed a flurry of
petitions in multiple circuit courts of appeal.
