Establishing personal jurisdiction may seem mundane, but without it a plaintiff may soon find itself out of court, as did the plaintiff in Marshall v. Galvanoni, 2017 U.S. Dist. LEXIS 185530.
California Securities Law Claims Founder On Personal Jurisdiction
Posted on November 15, 2017
Does The SEC Have Exposure For Tipping Inside Information?
Posted on September 29, 2017
Yesterday, I discussed the recent hack of the Securities and Exchange Systems' electronic filing and retrieval system commonly referred to as EDGAR. In a written statement disclosing the hack, Chairman Jay Clayton speculated that the incident may...
Scienter In The News Again
Posted on September 01, 2017
In May, I wrote about Judge Gonzolo P. Curiel’s decision to grant the defendants’ motion to dismiss federal and state securities law claims in Mueller v. San Diego Entm’t Partners, LLC, 2017 U.S. Dist. LEXIS 77643 (S.D. Cal. May 22, 2017). I...
Scienter Requirement May Be A Question Of Timing
Posted on May 31, 2017
On several occasions, I have written about whether scienter is required under Corporations Code Section 25401. That question surfaced again last week in Judge Gonzolo P. Curiel's ruling on the defendants' motion to dismiss federal and state...
What Do You Know? Bill Proposes To Eliminate Scienter
Posted on February 21, 2017
Corporations Code Section 25401 is California's basic securities antifraud statute:
