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SEC Getting Serious About Related Party Transaction Disclosures

Intelligize Blog

In fact, according to the SEC , the actions that landed Skechers in trouble started well before Stewart became one of the company’s endorsers. Earlier this month, the agency announced it had settled with the company over charges that Skechers failed “to disclose payments for the benefit of its executives and their immediate family members.”

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More Than 60 Cos. Say Reversing Roe Is 'Against Our Values'

Law 360

and Ben & Jerry's Homemade Holdings Inc. are among the dozens of companies that signed a statement saying abortion restrictions "go against" their values and "are bad for business," as the fate of the constitutional right to abortion established nearly 50 years ago remains in question. Levi Strauss & Co.

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Lyft Inks $25M Deal To End Investor Suit Over Post-IPO Drop

Law 360

A class of investors in ride-hailing company Lyft Inc. asked a California federal judge for preliminary approval of a $25 million settlement that will resolve claims the company concealed sexual assault allegations against drivers ahead of its 2019 initial public offering.

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Lyft Taps Associate GC And Litigator To Take Over Legal Dept.

Law 360

has promoted its associate general counsel and leader of its litigation team to the ride-hailing giant's top legal post, a move that comes as its outgoing general counsel shifts into a newly created president of business affairs position, the company announced Wednesday.

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Rideshare companies ask justices to reexamine California worker-protection law

SCOTUSBlog

In Uber Technologies, Inc. Gregg , the rideshare company asks the justices to reverse the state court’s ruling. This Court should grant review,” the company writes, “and put a stop to the California courts’ end-run of the FAA and Viking River.” In Lyft, Inc. Uber Technologies, Inc. PSA Airlines, Inc.

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Top Four Artificial Intelligence Risks on SEC’s Radar

Intelligize Blog

According to Bloomberg Law , roughly 40% of Standard & Poor’s 500 companies mentioned AI in their most recent annual reports. Some companies, such as CarMax Inc. Some companies, such as CarMax Inc. Analysts were quick to warn that the Lyft incident could spur regulatory scrutiny.) Call it AI washing.

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The Supreme Court can transfer to itself a case pending in the Court of Appeal, but the power is mostly theoretical

At the Lectern

Lyft, Inc. ) California Mutual Insurance Company ). Transfer petitions are thus long shots. Relatively recently, the court turned down requests to transfer an employment classification case ( Rogers v. and a Covid insurance appeal ( The Inns by the Sea v.

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