Topic: Disclosure Requirements

Target’s Data Breach, Cyber Risk Insurance, Privacy Legislation, and Other Cybersecurity Developments You Should Know

The theft of personal financial information from shoppers at Target Corp – involving as many as 110 million consumers – has dominated privacy and data security headlines of late. But it’s far from the only issue we’re following in the cybersecurity and data protection space. Also on our list: cyber risk insurance, breach disclosure requirements,… Read more »

Why Comparing CEO Pay to Employee Salaries Might Not Be As Bad As Business Leaders Think

“The pay ratio disclosure would be required in annual reports on Form 10-K, registration statements and proxy and information statements. […] Pay ratio disclosure would be considered ‘filed’ not ‘furnished,’ and, therefore, would be subject to liability under the Securities Act and Exchange Act.” (Dechert) On September 18, a divided Securities and Exchange Commission proposed… Read more »

SEC Clarifies Conflict Mineral Disclosure Rules: What You Need to Know

“Payments made to majority-owned government transportation services to supply people or materials to an extractive job site are considered ancillary or preparatory and not subject to disclosure.” (Holland & Knight) Late last month, the Securities and Exchange Commission published a set of Frequently Asked Questions on the agency’s conflict mineral and resource extraction disclosure requirements.… Read more »

JD Supra Corporate Brief: Workplace Harassment, Vicarious Liability, Resource Nationalism, Wild Kingdom

To go with today’s JD Supra Corporate Brief, we’d recommend a nice, full-bodied 2013 Arabica-Robusta blend from Brazil… How are companies responding to workplace harassment, discrimination and retaliation? Read this benchmark survey… (NAVEX Global) The European Union is on the cusp of implementing new rules that will require greater transparency on payments made in the… Read more »

SEC Fraud Charges Against Harrisburg, Pa, Send Warning to All Municipalities

“What we’ve got here is failure to communicate” (The Captain, Cool Hand Luke) Earlier this month, the Securities and Exchange Commission charged Harrisburg, Pennsylvania, with securities fraud for public statements made by municipal officials. Attorneys Robert Feyer and Todd Scott of Orrick explain: “… the SEC found that the City had violated the securities laws… Read more »

Preparing your 2012 Annual Report? Read This First…

From the attorneys at Skadden Arps, a comprehensive overview of corporate governance and disclosure matters that public companies should consider as they prepare their annual and other reports for this year’s proxy season. It’s our latest corporate law need-to-know. Here’s a preview: “Based on the insights gleaned from the 2012 proxy season, we have a… Read more »