IN THIS ISSUE
Biogen Inc. Wins Some, Loses Some, In Delaware Chancery Court Corporate Records Suit; Southern District of Florida Dismisses Securities Fraud Class Action Against Norwegian Cruise Lines Stemming From Alleged Impacts of Covid-19; Ninth Circuit Affirms Dismissal of Securities Fraud Class Action Against Investment Bank; In SEC Enforcement Action Against Ripple Labs, Inc., S.D.N.Y. Court Orders Government To Turn Over Documents Discussing Whether Bitcoin, Ether, or XRP Are “Securities”; In Unusual About-Face, Federal Prosecutors Drop Securities Fraud Case Against Former Brixmor Property Group Inc. Executives.
On April 14, 2021, in
Melvin Gross v. Biogen Inc., C.A No. 2020-0096 (Del. Ch), Vice Chancellor Paul A. Fioravanti issued a post-trial opinion granting Biogen Inc. (“Biogen”) stockholder, Melvin Gross (“Gross”), the ability to inspect a wide range of the company’s books and records, while denying him access to others. Specifically, the court held
Ex-Brixmor Executives Win Rare Dismissal of U S Fraud Case
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U S prosecutors drop accounting fraud case against ex-Brixmor executives
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U S prosecutors drop accounting fraud case against ex-Brixmor executives
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