Stay updated with breaking news from துறைமுகம் விதிகள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
To embed, copy and paste the code into your website or blog: On April 20, 2021, the United States District Court for the Southern District of Florida dismissed a securities class action complaint against Norwegian Cruise Lines (“NCL”) relating to the company’s disclosures made as the coronavirus pandemic was starting to unfold in the United States. In Douglas v. Norwegian Cruise Lines, et al., the court found the plaintiff failed to plead actionable misstatements or omissions and scienter for a claim of securities fraud under Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 promulgated thereunder. Thanks to the court’s thorough analysis, this decision serves as a useful overview to those wishing to cruise through the sea of corporate puffery, forward-looking statements, and scienter in the federal securities laws. ....
Tuesday, May 4, 2021 On April 20, 2021, the United States District Court for the Southern District of Florida dismissed a securities class action complaint against Norwegian Cruise Lines (“NCL”) relating to the company’s disclosures made as the coronavirus pandemic was starting to unfold in the United States. In Douglas v. Norwegian Cruise Lines, et al., the court found the plaintiff failed to plead actionable misstatements or omissions and scienter for a claim of securities fraud under Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 promulgated thereunder. Thanks to the court’s thorough analysis, this decision serves as a useful overview to those wishing to cruise through the sea of corporate puffery, forward-looking statements, and scienter in the federal securities laws. ....
Single default accounts On or after 1 July 2021, in the absence of a new employee choosing a superannuation fund, an employer must determine whether that new employee has a stapled fund and, if a stapled fund exists, contributions should be paid into that stapled fund instead of paying into the employer s chosen default superannuation fund. Underperformance in superannuation The Bill proposes a new Annual Performance Assessment , requiring APRA to action annual performance tests each year for MySuper products and other products set out by the yet to be drafted regulations. Under the rules, if a fund fails the annual performance assessment, the trustee must notify all members and if ....