Photograph of skyscrapers with glass windows from the ground facing up to a blue sky
three distinct buildings

Companies Take Three Approaches to Tariff-Refund Disclosures

three distinct buildings

The Supreme Court decision nixing tariffs imposed under the International Emergency Economic Powers Act (IEEPA) created an immediate question: who gets the money back? The Court stayed away from that thorny issue, and later rulings from the...

Read More
five takeaway food bags

Five Takeaways from the SEC’s Revised Enforcement Manual

five takeaway food bags

The SEC doesn’t update its Enforcement Manual very often. So, when it does, people notice––securities lawyers in particular. That has certainly been the case with the agency’s just-released update, its first since 2017. Even so, it’s worth...

Read More
Hollywood street sign

Shareholder Activism Takes the Stage in Key Entertainment Deal

Hollywood street sign

The latest real-life drama dominating the Hollywood headlines has seen more plot twists than anything available on your favorite streaming service. The saga kicked off in December when Netflix announced an $82.7 billion deal to acquire Warn...

Read More
wooden pegs lining up

Regulators and Companies Lining Up Against DEI, ESG Programs

wooden pegs lining up

It wasn’t long ago that “DEI” and “ESG” were standard acronyms in the corporate lexicon. Major institutional investors prodded companies to commit to sustainability initiatives. Brand names amplified messages to the public about their dedic...

Read More
rope barricade on red carpet limiting entry

SEC Sets New Limits on Exempt Solicitations

rope barricade on red carpet limiting entry

Activist investors have seen better days. In the latest policy shift affecting shareholder activists, new guidance indicates the Securities and Exchange Commission now opposes publishing so-called exempt solicitations from stockholders who...

Read More