Remove 2024 Remove Litigation Remove Malfeasance
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Shareholder Litigation To Watch: A Midyear Report

Law 360

Supreme Court arguments, the fate of a new wave of lawsuits against special purpose acquisition companies and the future of shareholder claims of artificial intelligence malfeasance are among the issues that securities practitioners are following as the second half of 2024 unfolds in the courts.

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Watchdog agency head tells justices to stay out of firing dispute

SCOTUSBlog

Dellinger had served as head of the agency since 2024, when he was appointed by then-President Joe Biden to serve a five-year term. Under the 1978 federal law creating the Office of Special Counsel , Dellinger could be removed from his position only for inefficiency, neglect of duty, or malfeasance in office.

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Trump asks court to allow firing of watchdog agency official

SCOTUSBlog

Dellinger was appointed by then-President Joe Biden and confirmed by the Senate for a five-year term beginning in 2024. Under the federal law creating the Office of Special Counsel, Dellinger could be removed by the president from his job only for inefficiency, neglect of duty, or malfeasance in office. to challenge his firing.

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Injunction Junction And Circuit Splits Too

Above The Law

1211(b), which allows the President to remove the Special Counsel only for specific reasons (inefficiency, neglect of duty, or malfeasance). The case has gone through multiple rounds of litigation, including a prior en banc decision by the Ninth Circuit, a remand from the U.S. Dellinger argued that his termination violated 5 U.S.C.

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Orders to reinstate agency heads on hold as court considers Trump’s appeal

SCOTUSBlog

Trump, Sauer wrote, should not be forced to delegate his executive power to agency heads who are demonstrably at odds with the Administrations policy objectives for a single day much less for the months that it would likely take for the courts to resolve this litigation. She became the chair of the agency in 2024.

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Supreme Court sidesteps Trump’s effort to remove watchdog agency head

SCOTUSBlog

Under the federal law creating the agency, the president can only remove the head of the office, who serves a five-year term, for inefficiency, neglect of duty, or malfeasance in office. Hampton Dellinger was appointed to serve as the head of the Office of Special Counsel in 2024 by then-President Joe Biden. declined to intervene.

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