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Inside the Courts – An Update From Skadden Securities Litigators - September 2023 | Skadden, Arps, Slate, Meagher & Flom LLP

Two Sides of the Same Coin: Analyzing the Recent Ripple and Terraform Decisions - Key Points - - In July 2023, Judges Torres and Rakoff in the Southern Distr. ....

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4th Circuit Case Alleging Misled Shareholders Offers Legal Boost For Merger-Interested Corporations - Shareholders

The 4th U.S. Circuit Court of Appeals on June 1, 2023, issued a strong defense opinion in Karp v. First Connecticut Bancorp, a case involving allegations under Section 14(a). ....

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Law Digest — 4th Circuit, Md. Supreme Court, Appellate Court — June 8, 2023

Law Digest — 4th Circuit, Md. Supreme Court, Appellate Court — June 8, 2023
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First Connecticut Defeats Appeal Over Cash Flow Non-Disclosure

An appeal over First Connecticut Bancorp Inc.'s non-disclosure of rosy cash-flow projections during a merger failed because there was no evidence that the projections impacted its share price. ....

United States , Selwyn Karp , People United Financial Inc , First Connecticut Bancorp Inc , First Connecticut Bancorp , First Connecticut ,

Two Connecticut credit unions plan 2023 merger

The $104 million-asset Finex Credit Union in East Hartford plans to partner with the $52 million-asset First Connecticut Credit Union in Wallingford. ....

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