Admissions of Guilt in SEC Settlements

Admissions of Guilt in SEC Settlements

On December 17, 2021, the SEC announced a $125 million settlement with JPMorgan Chase & Co., disposing of allegations that the bank failed to properly monitor and retain its employees’ work-related communications.[1] Pursuant to the settlement, JPMorgan admitted...
Diversity, Discrimination, and Derivative Suits

Diversity, Discrimination, and Derivative Suits

Shareholder derivative suits are brought by an investor on behalf of the corporation itself. In a derivative case, the plaintiff alleges that the actions of the defendants, typically the company’s officers and directors, have harmed the company and reduced the price...