In a decision that could upend shareholder protections when U.S. companies go public, the Supreme Court June 1 held that plaintiffs suing under Section 11 of the Securities Act of 1933 must trace their shares to a registration statement that they allege was defective even when they acquired the shares in a direct listing.

A bipartisan group of Senators introduced legislation June 1 that would require the Federal Deposit Insurance Corporation (FDIC) to recoup up to three years of compensation from top bank executives, board members, controlling shareholders and others in the event of a bank collapse.

Gensler Pledges to Allow No-Action Relief for SIFMA to Expire, Uyeda Renominated to Serve at SEC Until 2028

Highlights from the Netflix, McDonald's and Meta annual meetings.

Retiree Sues Pension Plan Over ESG Investing, Shareholder Proposal Asks that Directors Stop Serving on Other Boards and Acting Labor Secretary Probed about DOL Rule on ESG Investing

This proxy season is expected to be a busy one for Japanese companies, which face unprecedented pressure from investors in the form of shareholder proposals and vote-no campaigns against corporate directors.