ROBERT M DECHICK (ROBERT MICHAEL DECHICK) is currently registered, since 2012, with D.H. HILL SECURITIES, LLLP of Clemont, Florida.  Soreide Law Group is currently investigating claims of alleged sales of GWG L Bonds to clients. In April of 2022, GWG Holdings, Inc. filed for Chapter 11 bankruptcy. GWG had issued $1.6B of life settlement-backed bonds […]

In Cantor Fitzgerald, L.P. v. Ainslie (Del. Jan. 29, 2024), the Delaware Supreme Court reinforced the principle of “freedom of contract” by upholding a “forfeiture for competition” clause in a limited partnership agreement. This ruling, significant given Delaware's traditionally non-compete friendly stance, signals a shift in favor of enforcing sophisticated contractual agreements between parties.  Case […]

Delaware Corporations Must Employ Procedural Safeguards When Approving a Reincorporation That Could Benefit a Controlling Stockholder to Avoid Entire Fairness Standard of Review In Palkon v. Maffei (Del. Ch. Feb. 20, 2024), the Delaware Court of Chancery addressed whether the “entire fairness” standard of review applies to a controlling stockholder’s approval of reincorporation transactions that […]

Delaware Court Ruling in Ap-Fonden v. Activision Blizzard, Inc. and Implications for Corporate Law In Ap-Fonden v. Activision Blizzard, Inc., the Delaware Court of Chancery, under Judge McCormick, ruled on the adequacy of a merger agreement approved by Activision Blizzard’s Board of Directors. The decision has significant implications for how merger agreements must be presented […]

Supreme Court Rules on SEC Rule 10b-5(b) in Macquarie Infrastructure Corp. v. Moab Partners In the recent decision of Macquarie Infrastructure Corp. v. Moab Partners, No. 22-1165, 2024 WL 1588706 (U.S. Apr. 12, 2024) (“MIC”), the U.S. Supreme Court unanimously held that “pure omissions” in SEC filings do not support liability under SEC Rule 10b-5(b). […]

SEAN J FIELDS (SEAN JEFFEREY FIELDS), previously registered as a broker and investment advisor with PFS INVESTMENTS INC of Concord, California was suspended by FINRA for 6 months with a start date of 3/18/2024 and an end date of 9/17/2024, and fined $5,000.00.  Without admitting or denying FINRA’s findings, SEAN J FIELDS consented to the […]

In the ever-changing landscape of mergers and acquisitions (M&A), Delaware courts remain at the forefront, setting influential legal precedents. Recent decisions from Delaware courts offer critical insights into various aspects of M&A transactions, from fiduciary duties to the impact of stockholder votes. Here’s a closer look at some notable cases from the past year and […]

DAN E DROEG (DAN EDWARD DROEG, DAN DROEG) was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm in March of 2022. Without admitting or denying FINRA’s findings, DAN E DROEG consented to the sanction and to the entry of findings that he allegedly “converted assets of a […]

In a significant development, the U.S. Department of the Treasury has announced plans to introduce new anti-money laundering (AML) and countering the financing of terrorism (CFT) regulations for investment advisers. This initiative aims to address concerns that without consistent AML/CFT requirements, hedge funds and private equity firms could be exploited by corrupt officials and illicit […]