Securities law
Ropes and Gray, a leading international law firm, recently issued an update on the Securities and Exchange Commission's (SEC) new guidance on compliance for Rule 506(c) and exemptive relief for exchange-traded funds (ETFs). This new framework aims to reduce compliance uncertainty and operations complexity for asset management
Securities law
A recent securities fraud lawsuit against Talphera, Inc. (formerly AcelRx Pharmaceuticals) and two top executives has been upheld by the United States Court of Appeals for the Ninth Circuit. The Ninth Circuit ruled that a company slogan, "Tongue and Done," used in investor presentations was not misleading to
Securities law
Erayak Power Solution Group Inc., a leading manufacturer and exporter of power supply industry products, has received a notification from The Nasdaq Stock Market LLC stating that the company's securities will be delisted from the Nasdaq Global Market due to non-compliance with Nasdaq Listing Rules. The company'
Securities law
Coherus Oncology, Inc., a biopharmaceutical company, has regained compliance with the continued listing standards of the Nasdaq Global Market. The company received a deficiency notice from the Listing Qualifications Department on June 30, 2025, due to its common stock price falling below the minimum required bid price of $1.00
Securities law
Capricor Therapeutics, Inc. (NASDAQ: CAPR) is facing a class action securities lawsuit alleging the company provided false and misleading statements to investors about its lead cell therapy candidate drug deramiocel for the treatment of cardiomyopathy associated with Duchenne muscular dystrophy (DMD). The lawsuit claims that defendants concealed material adverse facts
Securities law
On September 5, 2025, Wells Fargo Commercial Mortgage Trust 2020-C55 filed a FORM 8-K Current Report with the U.S. Securities and Exchange Commission, announcing changes in the servicing of the 650 Madison Avenue Mortgage Loan. The loan, constituting approximately 4.2% of the asset pool, is part of a
Securities law
Investors who purchased shares of Cybin Inc. (NYSE: CYBN) may have suffered losses due to allegations of securities fraud. The law firm Pomerantz LLP is investigating claims on behalf of investors, with concerns that the Company and its officers may have engaged in unlawful business practices. This investigation comes after
Securities law
Investors who purchased or otherwise acquired Semler Scientific Inc. ("Semler" or the "Company") securities between March 10, 2021, and April 15, 2025, inclusive, must file a lead plaintiff motion in the class action filed on their behalf by October 28, 2025. The lawsuit alleges that Semler
Securities law
A securities class action has been filed against CTO Realty Growth, Inc. ("CTO" or the "Company") (NYSE: CTO) alleging false and/or misleading statements and/or failing to disclose that the Company's dividends were less sustainable than Defendants had led investors to believe, and
Securities law
Cerence Inc., a leading artificial intelligence technology company, has recently announced a restructuring plan aimed at further reducing operating expenses and positioning the company for profitable growth. As part of this plan, the company will incur cash restructuring charges of approximately $7.2 to $7.9 million, primarily consisting of
Securities law
The Benchmark 2020-B16 Mortgage Trust, a Delaware-based entity, has filed a FORM 8-K (Current Report) with the U.S. Securities and Exchange Commission on September 5, 2025. The report outlines changes in the servicing and administration of the 650 Madison Avenue Mortgage Loan, which constitutes approximately 5.0% of the
Securities law
Aimei Health Technology Co., Ltd., a Cayman Islands-based company, has announced the extension of its initial business combination with United Hydrogen Group Inc. The company has filed a Form 8-K with the U.S. Securities and Exchange Commission, disclosing that it has received an aggregate of $150,000, which enables
