"But love is blind and lovers cannot see the pretty follies that themselves commit"
Semper Midas Fund, Ltd was formed for to invest primarily in mortgage-related instruments. Five months after investing over $300,000 in the fund, the Alan Kalin was told that that the fund had lost over 50% of its value. Mr. Kalin filed a lawsuit...
Goldfield, Nevada exploded into Nevada's largest city in the first decade of the Twentieth Century. It supported two stock exchanges - the Goldfield Mining Stock Exchange (which began in the Northern Saloon) and the Goldfield Stock and Exchange...
Many law firms will undoubtedly publish alerts on yesterday's decision by the Ninth Circuit Court of Appeals in Pirani v. Slack Techs., 2021 U.S. App. LEXIS 28319. The court held that issue arose from the New York Stock Exchange's rule allowing...
Section 25400(d) of the California Corporations Code declares it is unlawful for any person, directly or indirectly, in this state:
It seems that there are now podcasts for every taste and interest. Earlier this month, the North American Securities Administrators Association announced the introduction of Real Life Regulators a podcast series that brings "true crime stories...
Last August, Nevada Secretary of State Barbara Cegavske issued a Summary Order to Cease and Desist on Thomas Becker and Wellington Sports Club, LLC, Einstein Sports Advisory, Ltd., and Welscorp, Inc. The gist of Secretary of State's allegations is...
When disclosure is not mandated, companies must confront the question whether to disclose or not disclose. Some may hold that issuers minimize the risk of securities litigation by making early and voluntary disclosures. By doing so, they cabin a...