| Remedies for Dissenting Shareholders and the Deadlocked Corporation |
|
| Dissenting shareholders in a publicly-traded corporation may sell or otherwise dispose of their shares and seek as damages any lessening of value of the shares prior to the sale resulting from the matter causing the dissension. However, shareholders in a closely held corporation may not have a reasonable way to dispose of their shares and avoid dissension. Deadlocks among shareholders or directors of closely held corporations thus may result more often in litigation than such conflicts within publicly held corporations. More... |
|
|
| Securities Law> Additional Offerings, Disclosure & the Securities Exchange Act of 1934> Tender Offers |
|
| (Going Private Reporting Requirements for Public Companies) More... |
|
|
| Sales of Foreign Options and Futures to U.S. Customers |
|
| The United States Commodity Futures Trading Commission regulates the offer and sale of foreign futures and options contracts to customers in the United States. Part 30 of rules of the Commission requires that sellers of such contracts must register with the Commission or seek an exemption from registration and that any seller, whether or not registered, must not engage in fraudulent activities. More... |
|
|
| Independent Director Requirements for Nasdaq Listed Companies |
|
| The Nasdaq Stock Exchange, Inc., has adopted Rule 4350(c)(1), which requires that every company listed on Nasdaq must have independent directors as the majority of the company's board of directors. Each listed company must publicly disclose which of its directors are considered independent by identifying the independent directors in the company's annual meeting proxy statement or in the company's annual report on Securities and Exchange Commission Form 10-K. More... |
|
|
| Restrictions on Short Sales of Securities |
|
| A short sale of a security is a sale of the security by an investor before the investor actually owns the security being sold. The investor profits if the value of the security declines between the time of the sale and the time of delivery of the security. Short sales may also allow an investor to lock in changes in value shares already held or to hedge against significant changes in value in securities. More... |
|
|