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Bankrupt 23andMe To Delist Stock After Regeneron Deal

Law 360

Bankrupt genetic testing provider 23andMe Inc. said Tuesday it will delist its stock from the Nasdaq exchange, following Regeneron Pharmaceuticals Inc.'s s agreement last week to buy the defunct company.

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The SEC Approves Nasdaq’s Rule Requiring Companies to Disclose Board-Level Diversity (or Lack Thereof)

The Fashion Law

The Securities and Exchange Commission (“SEC”) has given the green-light to a proposal from Nasdaq that will refashion the public disclosure requirements for companies listed on the stock exchange. Specifically, Rule 5605(f) generally requires companies listed on Nasdaq’s U.S.

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Intapp, Tech Provider to Legal and Financial Firms, Files Papers for IPO

LawSites

Although it is becoming increasingly common for legal technology companies to talk of plans for future IPOs, few have actually completed them. In 2019, KLDiscovery became a public company. With regard to Intapp, the number of shares to be offered and the price range for the offering have not yet been determined, the company says.

Legal 140
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Is the Ticker Symbol the New Social Media Handle? VSCO Seems to Suggest So

The Fashion Law

The split does away with the formerly public L Brands, and puts BBWI and VSCO, which are the individual companies’ respective tickers (i.e., the symbols used to uniquely identify the publicly traded shares of the companies), in its place on the New York Stock Exchange. not copy another company’s stock ticker symbol) and appropriate.”.

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Virtu Pushes For SEC Crackdown On 'Penny Stock' Listings

Law 360

Virtu Financial Inc. Securities and Exchange Commission to force Nasdaq and other exchanges to crack down on so-called penny stocks, petitioning the agency to initiate rulemaking that would stop companies struggling to stay above $1 per share from continuing to trade on the exchanges. is pressing the U.S.

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Mobbing Red Wing: Federal Circuit Eases Declaratory Judgment Personal Jurisdiction against Patent Holding Companies

Patently O

The Federal Circuit’s new decision in Trimble Inc. Trimble is traded on NASDAQ and has a current market cap of $18.75 Rather than choosing Iowa or Colorado, the companies chose the Northern District of California, which is Trimble’s home court. Still, the company has repeatedly filed lawsuits in Texas. Sunnyvale).

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The RealReal is Close to Settling Shareholder Stock-Drop Suit Over the Company’s Authentication Claims

The Fashion Law

In her September 2020 complaint , TRR shareholder Iwona Grzelak accused an array of individuals tied to the company of intentionally or recklessly breaching their fiduciary duties as directors and/or officers, and violated the U.S. The Realreal, Inc., Securities Exchange Act in the process. The case is Michael Sanders, et al.

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