Ann Lipton

@annmlipton@esq.social
3.2K Followers
541 Following
9K Posts

Law prof at Colorado Law, business and securities. Profile pic for the job you want, ... etc

@annmlipton.bsky.social

You can find my papers here: https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=2365170

I also blog regularly at https://www.businesslawprofessors.com/

- on the ground that the parking lot owner was clearly an agent of the event organizers.

Del SCt reverses; just because the plaintiff was directed to park in this lot does not mean the parking lot owner was an agent of the organizers:
https://courts.delaware.gov/Opinions/Download.aspx?id=382790

ISS filed their own complaint:
like newsom's tweet, only subtler

A little easter egg here in the opinion:

ISS is registered as an investment adviser but is well aware that its major competitor Glass Lewis is not a registered investment adviser and afaik does not concede that it acts as an investment adviser

This is new. Alleging actual emails to top executives telling them why their statements were false are not, apparently, enough to plead intent for the purposes of a securities fraud complaint:
Because later in the charter, it talks about "Class G" directors. Except there are no Class G directors. It reads like a prior draft once had Class G directors - i.e., designated by the holder of the golden share - and they forgot to take it out.
×
Motions to dismiss in securities cases are so weird, man.
Consolidated SVB Class Action Survives 3 Dismissal Bids - Law360

A California federal judge has rejected three bids to dismiss a proposed shareholder class action against Silicon Valley Bank's brass, underwriters and auditor stemming from the bank's 2023 failure, finding the plaintiffs' "well-pleaded" allegations can continue.

@annmlipton that spread sheet is an abomination