California Corporate & Securities Law

Crowdfunding Caveats Issued

Supreme Court says "no" to Bulldog

In yesterday's post, I mentioned the very recent decision by the U.S. Supreme Court in U.S. v. Home Concrete & Supply, LLC (April 25, 2012). The underlying fight was about a tax deficiency, but the legal question was whether the Internal Revenue...

Consider a board with a total of five authorized members but with only three members in office. The board is facing a various contentious decision on whether to engage in a transaction. Two of the board members favor approval and one opposes. All...

In 1996, the California legislature enacted SB 261 (Beverly) which established an exemption, Corporations Code Section 25102(o), for the offer or sale of securities by a corporation pursuant to an option plan or agreement provided that specified...

Last June, reporters Charles Piller and Robert Lewis wrote this story about "hard-money" lending abuses in Nevada County. One might expect that they were writing about high interest rates and harsh loan terms. It turns out that the victims in the...

Last month the Securities and Exchange Commission announced the formation of a new Investor Advisory Committee.  Section 911 of the Dodd-Frank Act created the committee to advise the SEC on:

Do deadlines really matter?  The answer is - "it depends".

Recently, I wrote about a bill, SB 1208 (Leno), that would require disclosure of total compensation information with respect to each of a corporation’s five most highly compensated retirees. This requirement would be imposed on publicly traded...