Attorneys in Goodwin’s Securities + Shareholder Litigation and White Collar Defense practices have extensive experience before federal and state courts, legislative bodies, and regulatory and enforcement agencies. We continually monitor notable developments in these venues to prepare the Securities Snapshot — a bi-weekly compilation of securities litigation news delivered to subscribers’ via email. This publication summarizes news from the civil and criminal securities law arenas in a succinct, easy-to-read format. Topics covered include litigation and enforcement matters, legislation, rulemaking, and interpretive guidance from regulatory agencies.
May 19, 2020
U.S. Bankruptcy Court for District of Delaware Refuses to Dismiss Debtor’s Pending Bankruptcy Case Despite Debtor’s Failure to Seek Consent of Stockholder With Blocking Rights; New York State Court Dismisses Securities Class Action Against AT&T Arising From Time Warner Merger; Court of Chancery Determines That Shareholder Representative is Real Party in Interest and Shareholders are Not Subject to Party Discovery in Post-Closing Dispute; Delaware Supreme Court Affirms Chancery Court’s Limited-Stay Order Requiring Production of Certain AmerisourceBergen Books and Records Relating to Opioid Crisis in Response to Stockholders’ Section 220 Demand.