L&K Insights
Dive deep into the world of securities and class action law with expert commentary, analysis, and updates from the seasoned professionals at Levi & Korsinsky LLP
Required Field
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Would the SEC’s New SPAC Rules Change the Outcome for Lucid Motors?
April 17, 2025
On August 8, 2024, the 9th Circuit Court of Appeals issued its ruling in Max Royal LLC v. Atieva, Inc. (In re CCIV / LUCID Motors Sec. Litig.), 110 F.4th 1181 (9th Cir. 2024) (“Atieva”), which affirmed a lower court’s dismissal of securities fraud claims brought under §§10(b) and 20(a) of the Securities Exchange...
By Amanda Foley
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Stockholder Considerations Following SB 21
April 4, 2025
Delaware has long been the state of choice for companies seeking to attract investment because of its savvy judiciary and its stable, predictable, and fair corporate law. As a result of this status, more than 20% of the state’s tax revenue comes from corporate franchise fees. But if companies start to prefer incorporation in states...
By Brian Stewart
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Fraudulent Financial Projections: Even If Financial Projections Are Protected by the PLSRA’s Safe Harbor Provisions, Statements and Omissions That Mislead Investors About the Bases of Projections Can Be Actionable
March 5, 2025
2nd Circuit Court of Appeals: “[A] projection is not a magic wand that immunizes all statements that relate to that projection” Quick Summary: Financial projections are forward-looking statements of opinion and are often protected by the PSLRA’s safe harbor provisions. Statements about the reasonableness of the methods employed, the quality of the data used, or...
By David C. Jaynes
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