EFTA00032901.pdf
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From: Securities Law360 <newsgi3law360.com>
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Subject: Citing COVID-19, SEC Eases More Filing Requirements
Date: Mon, 30 Mar 2020 07:19:42 +0000
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Securities
SECURITIES
Monday, March 30, 2020
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Citing COVID-19, SEC Eases More Filing Requirements
The U.S. Securities and Exchange Commission has further extended its
guidance and relief to companies grappling with the fallout from the spread of
the novel coronavirus, temporarily easing certain compliance requirements
for corporations, municipal advisers and crowdfunded groups.
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YRC Slips Investor Suit Alleging It Overcharged DOD
YRC Worldwide escaped a proposed securities class action Friday after a
New York federal judge found that the freight shipping company had no duty
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allegedly fraudulent overbilling.
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Intercept Beats Investor Suit Over Liver Disease Drug Deaths
Intercept Pharmaceuticals Inc. on Thursday exited a proposed securities
class action accusing it of covering up reports of fatalities and injuries caused
by a liver disease drug, after a New York federal judge found the
shareholders failed to prove the existence of those reports was "material."
Order attached I Read full article »
NY Justices Take Up JP Morgan's $140M Coverage Battle
New York's highest court on Thursday agreed to review a lower court's ruling
that J.P. Morgan Securities Inc. is not entitled to insurance coverage for a
$140 million chunk of a settlement that Bear Stearns paid to the U.S.
Securities and Exchange Commission because that sum is an uninsurable
penalty.
Order List attached I Read full article »
Coronavirus Litigation: The Week In Review
Multiple public officials have been hit with lawsuits over their actions
surrounding the C0VID-19 pandemic, vendors are facing allegations of price-
gouging, and a proposed class has accus…
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