JD Supra: Mergers

APRIL 22, 2024

On April 5, 2024, a jury found Matthew Panuwat civilly liable for insider trading in violation of federal securities laws in a first-of-its-kind “shadow trading” case (also referred to as “sympathy trading”), which was commenced by the U.S. Securities and Exchange Commission (SEC) on August 17, 2021.

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Trading Securities IT 177

JD Supra: Mergers

APRIL 12, 2024

Proskauer’s Hedge Fund Trading Guide offers a concise, easy-to-read overview of the trading issues and questions we commonly encounter when advising hedge funds and their managers.

Trading 171

Trading Funds Investment Management 171

JD Supra: Mergers

APRIL 17, 2024

On April 5, 2024, the Securities and Exchange Commission (the “SEC”) obtained a verdict after an eight-day civil jury trial in SEC v. Panuwat”), in which the SEC alleged shadow insider trading, in violation of the federal securities laws. Pfizer”) to trade ahead of the news for his own enrichment. Matthew Panuwat (“SEC v.

Trading 183

Trading Acquisitions Securities 183

JD Supra: Mergers

SEPTEMBER 10, 2024

To date, 2024 has not yet seen the type of mega-merger (Pfizer/Seagen) or level of agency enforcement (Sanofi/Maze or Amgen/Horizon) as 2023. But two notable investigations — one still active — show the Federal Trade Commission (FTC) is continuing to closely examine life sciences transactions for both horizontal and vertical concerns.

Mergers 197

Mergers Trading 197

JD Supra: Mergers

APRIL 25, 2024

On April 5, 2024, a federal jury in the Northern District of California found defendant Matthew Panuwat liable for insider trading in the Securities and Exchange Commission’s (“SEC”) first-ever case involving the so-called “shadow trading” theory of insider trading. By: Paul Hastings LLP

Trading 183

Trading Securities 183

The TRADE

JANUARY 4, 2024

Institutional investors, asset managers and hedge funds are invited to rate the service, features and capabilities of their algo providers in The TRADE’s 2024 Algorithmic Trading Survey. We encourage providers of algorithmic trading to support client participation. To participate in the survey, please click here.

Trading 111

Trading Funds Asset Management Equities 111

JD Supra: Mergers

OCTOBER 2, 2024

Ninth Circuit Affirms Dismissal of Insider Trading Claims Against Satellite Operator Investors Based on Stock Sales After FCC Chairman Vote - In re Silver Lake Grp.,

Securities 192

Securities Investors Stock Trading 192

TechCrunch: M&A

JUNE 6, 2024

Stock-trading app Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crypto exchange Bitstamp. © 2024 TechCrunch. All rights reserved. For personal use only.

Acquisitions 316

Acquisitions Stock Trading Mergers and Acquisitions 316

JD Supra: Mergers

JULY 23, 2024

After a 5-0 vote, on July 2, 2024, the U.S. Federal Trade Commission sought to block mattress manufacturer (the “Manufacturer”) contemplated $4 billion acquisition of a mattress retailer (“Retailer”) by filing both an administrative complaint and a complaint in the U.S.

Trading 188

Trading Retail Manufacturing Mergers 188

JD Supra: Mergers

APRIL 17, 2024

On April 5, 2024, a jury in California federal court found a former corporate executive liable for insider trading in SEC v. Panuwat, a novel enforcement action involving a theory known as “shadow trading.” In Panuwat, the U.S. By: Morrison & Foerster LLP

Trading 192

Trading Trading Securities Corporation Securities 192

JD Supra: Mergers

MARCH 3, 2025

This edition of the Conyers SGX & Catalist Public Companies Report summarises selected key transactions involving companies listed on the Main Board and Catalist Board of the Singapore Exchange Securities Trading Limited (SGX-ST) in the second half of 2024. By: Conyers

Trading 177

Trading Securities 177

TechCrunch: M&A

OCTOBER 17, 2024

Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6

Private Equity 316

Private Equity Acquisitions Public Trading Valuation 316

JD Supra: Mergers

JUNE 11, 2024

China’s foreign direct investment (FDI) in Mexico has seen substantial growth in recent years, reflecting a strategic alignment with global economic shifts and regional trade dynamics.

Trading 171

Trading Manufacturing Economics Investment 171

JD Supra: Mergers

FEBRUARY 15, 2024

On January 22, 2024, the Federal Trade Commission (the “FTC”) announced revised statutory thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “Hart-Scott-Rodino Act” or “HSR”). By: Hinckley Allen

Trading 177

Trading 177

The TRADE

DECEMBER 28, 2023

Duncan Trenholme and Simon Forster, global co-heads of digital assets, TP ICAP We expect 2024 to see the wholesale cryptoasset market professionalise and become increasingly serviced by traditional brands and providers. Spot  Tokenisation has been a key narrative over the last 12 months, and we expect more of the same from banks in 2024. On

Trading 121

Trading Investors Valuation Broker 121

JD Supra: Mergers

MAY 28, 2024

Beginning May 28, 2024, the new T+1 settlement cycle will apply to most routine securities transactions, which means that the settlement period for most securities issuances and trades will shorten from two business days after the trade date to one business day after the trade date.1

Trading 165

Trading Business Securities 165

JD Supra: Mergers

JANUARY 24, 2024

As required by the HSR Act, on January 22, 2024, the U.S. Federal Trade Commission (“FTC”) released its annual adjustments to the reporting thresholds and filing fees. The key number to remember is now $119.5 By: Goodwin

Trading 171

Trading IT 171

JD Supra: Mergers

NOVEMBER 13, 2024

Democratic Commissioners Swung for the Fences, but FTC Settles for Unanimous Revisions, Still Increasing Burden on Filers - On October 10, 2024, all five Federal Trade Commission (“FTC”) Commissioners, with concurrence from the Antitrust Division of the U.S.

Mergers 177

Mergers Trading 177

JD Supra: Mergers

JANUARY 26, 2024

Seyfarth Synopsis: On January 22, 2024, the Federal Trade Commission (FTC) announced that the 2024 threshold for applying the size-of-parties test of the Hart-Scott-Rodino (HSR) Act will increase from $111.4 million to $119.5 Deals that exceed this $119.5 million threshold may need to be reported to the FTC and U.S.

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Sale Trading 188

TechCrunch: M&A

OCTOBER 17, 2024

It’ll take Zuora, which is currently publicly traded, private. Tien […] © 2024 TechCrunch. The all-cash deal is expected to close in Q1 2025, subject to approvals and customary closing conditions. All rights reserved. For personal use only.

Management 321

Management Private Equity Public Trading Equities 321

JD Supra: Mergers

NOVEMBER 8, 2024

On October 24, 2024, the District Court for the Southern District of New York granted the Federal Trade Commission (“FTC”)’s request for a preliminary injunction to halt the merger between Tapestry, Inc. Tapestry”) and Capri Holdings Limited (“Capri”) (collectively the “Parties”).

Mergers 171

Mergers Trading 171

JD Supra: Mergers

JANUARY 26, 2024

The Federal Trade Commission (FTC) announced on Monday, January 22, 2024 that the jurisdictional thresholds for filings under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) will increase in 2024, including an increase in the size-of-transaction threshold from $111.4 million to $119.5

Trading 171

Trading 171

JD Supra: Mergers

OCTOBER 15, 2024

More than a year after the US Federal Trade Commission (FTC) first proposed far-reaching changes to Hart-Scott-Rodino Act (HSR) pre-merger notification rules, the FTC—via a unanimous and therefore bipartisan vote of its commissioners—issued on October 10, 2024 a new final set of HSR Rules along with a new HSR form.

Mergers 171

Mergers Trading IT 171

JD Supra: Mergers

JANUARY 26, 2024

On January 22, 2024, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Because of this year's adjustments, transactions valued at more than $119.5 million may trigger an HSR filing. By: Venable LLP

Trading 171

Trading IT 171

JD Supra: Mergers

JANUARY 24, 2024

On January 22, 2024, the Federal Trade Commission (FTC) published new, higher notification thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”). The HSR Act requires the FTC to adjust the thresholds annually to reflect changes in U.S. gross national product. By: Morrison & Foerster LLP

Trading 171

Trading 171

JD Supra: Mergers

JUNE 5, 2024

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements, recap select enforcement actions, and preview upcoming deadlines and events.

Trading 205

Trading 205

The TRADE

DECEMBER 27, 2023

Market participants need global data-driven content to enhance their own products and gain deeper understanding of market shifts and liquidity dynamics, and to identify opportunities for better trading outcomes. Michelle Tran, president, TMX Datalinx Demand for high-quality and differentiated data products will intensify in 2024.

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Trading Investment Engineering Asset Management 122

JD Supra: Mergers

JANUARY 24, 2024

The Federal Trade Commission (FTC) announced on January 22, 2024 that it will increase the Hart­-Scott­Rodino Act (HSR Act) jurisdictional filing thresholds and fees, which will go into effect 30 days after the pending publication in the Federal Register in the upcoming days. By: Morgan Lewis

Trading 171

Trading IT 171

JD Supra: Mergers

MAY 8, 2024

In the April edition of our Public Company Watch, we cover key issues impacting public companies, including the SEC’s recent enforcement action regarding “AI Washing,” the SEC’s recent shadow trading case, proposed amendments to the DGCL in response to recent decisions in the Delaware Chancery Court, the ban on non-compete agreements issued by the (..)

Trading 188

Trading 188

JD Supra: Mergers

JANUARY 24, 2024

On January 22, 2024, the Federal Trade Commission (FTC) announced new jurisdictional thresholds for the Hart-Scott-Rodino Act (HSR). FTC adjusts the Hart-Scott-Rodino Act size thresholds, raising the minimum size for reportable acquisitions to $119.5

Trading 171

Trading Acquisitions 171

JD Supra: Mergers

FEBRUARY 29, 2024

On February 26, 2024, the Federal Trade Commission (“FTC”) issued an administrative complaint and authorized a lawsuit in federal court to block Kroger Company’s proposed $24.6 billion acquisition of the Albertsons Companies, Inc. The acquisition would be the largest supermarket merger in United States history.

Mergers and Acquisitions 309

Mergers and Acquisitions Acquisitions Mergers Trading 309

JD Supra: Mergers

NOVEMBER 3, 2023

As discussed here, on August 1, the two major national credit union trade associations — the National Association of Federal Credit Unions (NAFCU) and the Credit Union National Association (CUNA) — announced plans to merge and create a new organization called America’s Credit Unions. By: Troutman Pepper

Trading 177

Trading Mergers 177

JD Supra: Mergers

OCTOBER 25, 2024

Federal Trade Commission (FTC) and U.S. Roxane Hicheri (counsel based in Paris) and Mark Steenson (counsel based in London) are our editors this month. They have selected: Changes to U.S. Hart-Scott-Rodino rules and merger notification forms increase burden on filers - This month the U.S. By: A&O Shearman

Mergers 188

Mergers Trading Business 188

JD Supra: Mergers

FEBRUARY 6, 2024

The Federal Trade Commission (FTC) recently announced revisions to the thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR), which will apply to all transactions closing on or after March 6, 2024.

Trading 171

Trading 171

JD Supra: Mergers

JANUARY 24, 2024

22, 2024, the Federal Trade Commission (FTC) announced new premerger filing thresholds under the Hart-Scott-Rodino Act (HSR Act) and new filing fee thresholds under the Merger Filing Fee Modernization Act of 2022.

Mergers 171

Mergers Trading 171

JD Supra: Mergers

FEBRUARY 14, 2024

In June 2023, the Federal Trade Commission (“FTC”) issued a proposed rule that would dramatically change, and increase the burden of, Hart-Scott-Rodino Act (the “HSR Act”) pre-merger antitrust filings. Many observers expect these rules to become effective by summer of 2024.

M&A 188

M&A Mergers Trading 188

JD Supra: Mergers

JANUARY 17, 2024

The Federal Trade Commission recently announced revised thresholds (“2024 Thresholds”) applicable to Section 8 of the Clayton Act, 15 U.S.C. § The thresholds are adjusted annually based on changes in gross national product.

Trading 171

Trading 171