The first binding Codes of Practice under the UK’s Online Safety Act 2023 (OSA) have now been published, requiring those in scope to take immediate action to become compliant.
In re: CCIV / Lucid Motors Sec. Litig., 110 F.4th 1181 (9th Cir. 2024), the Ninth Circuit affirmed dismissal of a securities fraud class action brought by investors under Sections 10(b) and 20(a) of the Exchange Act and Rule 10b-5 against Lucid Motors and its Chief Executive Officer. ...
A complaint was recently filed by 18 state attorneys general and the DeFi Education Fund against the US Securities and Exchange Commission (SEC), alleging that the agency is exceeding its authority by attempting to regulate the digital asset industry under existing federal securities laws.
Two more chlorinated solvents have been wholly or partially banned by the U.S. Environmental Protection Agency (EPA) under the Toxic Substances Control Act (TSCA).
Canada’s federal government announced it intends to remove the “30 percent rule” for investments by domestic pension funds in Canadian entities. The change is part of the Fall Economic Statement that was released on December 16, 2024.
California recently passed AB 2426, a new law amending California’s existing false advertising laws to target various false or misleading digital advertising claims.
On Friday, Dec. 20, 2024, the House and Senate advanced the American Relief Act, 2025 (H.R. 10545), a continuing resolution (CR) that funds the federal government until March 14, 2025.
The Virginia Court of Appeals has held that the Department of Taxation (“Department”) cannot require a corporation to include the income and factors of a 17% owned limited liability company with its own income and factors, demonstrating that entities taxed as partnerships are not always unitary r
As we recently blogged about, the US Court of Appeals for the Fifth Circuit vacated the SEC’s approval of Nasdaq’s board diversity disclosure rules last week. As a result, these rules no longer apply to proxy and information statements filed by Nasdaq-listed companies....
