Subsequently, in February 2017, Weil secured the affirmation by the Delaware Supreme Court of the Delaware Court of Chancery's dismissal of a stockholder derivative action alleging that lululemon's board of directors failed to investigate
alleged insider trading by Dennis J. Wilson, the founder and then - chairman of the board of lululemon.
Not exact matches
The practice has long been somewhat controversial, but has been catapulted to the forefront
by a recent book that
alleges it is, in effect,
insider -
trading.
The Statement of Allegations
alleges that legal assistant Donna Hutchinson tipped stock trader Cameron Cornish
by providing him with confidential information about a series of takeover offers between October 2011 and April 2016, all in contravention of the
insider trading and tipping provisions in the Ontario Securities Act.
One of our partners represented the former public company IDB Communications in U.S. Department of Justice and Securities and Exchange Commission investigations for
alleged financial accounting fraud and
insider trading by senior officers.
Cryptocurrency exchange Coinbase has been hit
by a class action lawsuit over
alleged insider trading during its launch of bitcoin cash
trading.
Cryptocurrency exchange Coinbase has been hit
by a class action lawsuit over
alleged insider trading during its launch of bitcoin cash.
Coinbase is currently willing to play it completely safe especially after the cryptocurrency exchange facing multiple lawsuits from its customers with
alleged charges of
insider trading by Coinbase during the surprise launch of Bitcoin Cash on its platform on December 19, 2017.