Securities And Exchange Commission Amends Rules For Share Repurchase Disclosures
Posted on May 04, 2023

The Securities and Exchange Commission yesterday adopted amendments to its rules governing share repurchase disclosures.  The SEC first proposed changes to its rules in December 2021. The SEC twice reopened the comment period for different reasons in...

Could The SEC Have Made A Weaker Case For Mandating Enhanced Repurchase Disclosures?
Posted on December 27, 2021

Earlier this month, the Securities and Exchange Commission proposed rule amendments that would require an issuer, including a foreign private issuer and certain registered closed-end funds, to report any purchase made by or on behalf of the issuer...

Failure To Return Shares Subject To Repurchase Right Supports Conversion Claim
Posted on April 18, 2017

Closely held issuers often include a repurchase right in their equity award agreements. I expect that in most cases, shareholders will comply with these provisions. When a shareholder doesn't, the company's most obvious cause of action will be for...

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