Supreme Court Will Resolve Split Over Regulation S-K Item 303, SEC Rejects Another Proposed Bitcoin ETF Listing, and California Federal Court Grants SEC Preliminary Injunction in Connection with Fraudulent EB-5 Scheme

by Shudan Zhou and Jeanne Solomon

This week’s corporate law news roundup includes discussions of the Supreme Court’s grant of certiorari to resolve a circuit split over whether Regulation S-K Item 303 may give rise to a Section 10(b) securities fraud claim; the SEC’s rejection of a proposed bitcoin ETF listing for a second time in a one-month period; and a California federal court’s grant to the SEC of a preliminary injunction in connection with a fraudulent EB-5 scheme claim.

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September 19, 2016 Corporate News Update: SEC Penalizes Advisory Firms; NYSE Revises Equity Compensation Plan FAQs; Delaware Courts Dismiss Fiduciary Duty Claims; and Federal Court Allows Third Parties To Raise “Work for Hire” Defense

by Joseph Morales

This edition of the Corporate news roundup features penalties imposed by the SEC against multiple investment advisory firms, the NYSE revising its Equity Compensation Plan FAQs for the first time in nearly a decade, Delaware courts dismissing stockholders’ claims for post-closing damages, and a federal court’s decision that a third party has standing to raise a “work for hire” defense in connection with a copyright infringement claim:

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