By William Manierre
As of January 1, 2012, two new subtypes of traditional business corporations may be organized under the California Corporations Code – benefit corporations (§§14600-14631) and flexible purpose corporations (§§2500-3503). Both free their directors from having to manage strictly for the economic benefit of shareholders, enabling them to address social objectives such as preserving [...]

In Lawson v. FMR LLC, No. 10-2240, 2012 U.S. App. LEXIS 2085 (1st Cir. Feb. 3, 2012), the United States Court of Appeals for the First Circuit, in a case of first impression, held that the whistleblower provision in Section 806 of Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1514A (“SOX”), applies only to employees [...]

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Sheppard Mullin’s capital markets lawyers practice from all eight major legal markets in California as well as New York, Washington, D.C., Europe and Asia. Our lawyers participate in every stage of capital formation, from incorporation to financing, to growth capital, to the public markets, and from the public markets to leveraged finance to private equity. [...]