Thu.Aug 17, 2023

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Securities and Derivative Litigation: Quarterly Update

Harvard Corporate Governance

Posted by Rick S. Horvath, Angela M. Liu, and Stuart T. Steinberg, Dechert LLP, on Thursday, August 17, 2023 Editor's Note: Rick S. Horvath , Angela M. Liu, and Stuart T. Steinberg are Partners at Dechert LLP. This post is based on a Dechert memorandum by Mr. Horvath, Ms. Liu, Mr. Steinberg, Michael S. Doluisio , Joni S. Jacobsen , and Neil A. Steiner.

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Tech Startup Survival Guide: Raising Cash When Funding Dries Up

Lighter Capital

You’ve launched your startup, you have a solid leadership team, you have some incoming revenue, and the future looks promising. It feels like the right time to raise some cash. There’s a problem, though. Funding deals and deal values are a fraction of what they had been. When startup funding dries up , what do you do? Every founder must play the tricky game of timing, even when funding isn’t scarce.

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How To Prepare for Cyber Disclosures In a New Era of Transparency

Harvard Corporate Governance

Posted by Matt Gorham, Barbara Berlin, and Kevin Vaugh, PricewaterhouseCoopers LLP, on Thursday, August 17, 2023 Editor's Note: Matt Gorham is a Partner and US Cyber & Privacy Innovation Institute Leader, Barbara Berlin is a Managing Director at the Governance Insights Center, and Kevin Vaughn is a Partner at the National Office at PricewaterhouseCoopers LLP.

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Cannabis, Psychedelics Use And Binge Drinking At All-Time High Among Adults, Teens Remain Stable, Fed Study Finds

Benzinga

Cannabis and psychedelics consumption continued on a long-term upward trajectory to reach all-time highs in 2022, according to a Monitoring the Future (MTF) study. Although teenage marijuana use showed a year-over-year decline per last summer’s survey. Past-year hallucinogen use reached a historically high prevalence among adults between 35 and 50.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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2023 Proxy Season Briefing: Key Trends and Data Highlight

Harvard Corporate Governance

Posted by Aaron Wendt and Krishna Shah, Glass, Lewis & Co, on Thursday, August 17, 2023 Editor's Note: Aaron Wendt is Director of U.S. Governance Policy and Krishna Shah is Director of North American Executive Compensation Research at Glass, Lewis & Co. This post is based on a Glass Lewis memorandum by Mr. Wendt, Ms. Shah, Brianna Castro, Courteney Keatinge, and Maria Vu.

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iMedia Brands Gets OK For $40M Ch. 11 Sale To IV Media

Law 360 M&A

Home shopping business iMedia Brands Inc. got approval from a Delaware bankruptcy court Monday to sell all its assets to IV Media LLC for $40 million, resolving a compressed sale process the court reluctantly allowed given the company's dwindling cash reserves.

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More Trending

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Aldi to Buy 400 Winn-Dixie and Harveys Supermarket Stores

NYT M&A

The German supermarket chain said that it would convert some of the Winn-Dixie and Harveys stores acquired in the deal, which is expected to close in early 2024.

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Grant Management & Compliance

Machen McChesney

Charging Personnel Costs to Federal Awards Salary costs represent the bulk of dollars from federal grants and often pose compliance risks and challenges to new and experienced recipients alike. One question we are often asked by clients is, "how can we maintain compliance with federal regulations regarding accurately supporting and recording personnel costs when not all of our employees complete and submit timesheets?

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Yes, you can measure software developer productivity

Mckinsey and Company

Measuring, tracking, and benchmarking developer productivity has long been considered a black box. It doesn’t have to be that way.

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Comment on Appraisers Pressured to Inflate Values Based on Race by Baggins

Appraisers Blog

In reply to Eric Kennedy. Do you want to play a game? Just kidding. I liked this article because this provides reference to how egregious the appraisal modernization schemes have become, just another iteration of external pressure trying to force appraisers to report something other than true market value. And of course as is entirely predictable and expected, the amc’s are front and center with the applied pressure.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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The real global EV buzz comes on two wheels

Mckinsey and Company

While making strong inroads among passenger cars and trucks, electric-vehicle technology is also transforming the two-wheeled world.

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Comment on The Unbiased Reality of Census Tract Data Dump… Open Letter to FHFA by Baggins

Appraisers Blog

In reply to Seneca. Reasons why lenders and gse’s outward messages about helping the people ring hollow. When the rubber hits the road, investors call the shots. Plunge protection team is hard at work assuring the market deflation which should be happening right now, with county treasurer default notices jumping to levels not seen in over a decade, causing plentiful discounted foreclosure sales are funneled to the investor groups upstream of regular citizens.

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3 Ways Justices' Disclosure Defenses Miss The Ethical Point

Law 360 M&A

The rule-bound interpretation of financial disclosures preferred by U.S. Supreme Court Justices Samuel Alito and Clarence Thomas — demonstrated in their respective statements defending their failure to disclose gifts from billionaires — show that they do not understand the ethical aspects of the public's concern, says Jim Moliterno at the Washington and Lee University School of Law.

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Could AI Technology Replace Internal Audit?

Internal Audit 360

GUEST BLOG POST W ith the rise of artificial intelligence and ChatGPT, sometimes I think that we internal auditors will all soon be out of a job. But then I have a very boring task to do, and I wonder why I can’t just ask a machine to do it! Just recently, for example, we had the task of comparing a 900-page PDF document to an Excel document that was in a slightly different format.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Gamers Ask 9th Circ. To Pause Microsoft-Activision Deal

Law 360 M&A

Gamers who are hoping to convince the Ninth Circuit to press pause on Microsoft's $68.7 billion deal with Activision Blizzard while they continue to challenge it in court made a fervent final written argument for why the acquisition is "striking and dangerous.

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Socially Acceptable Securities Fraud

Reynolds Holding

In the 90 years since the passage of the Securities Exchange Act, the number of ways market participants can publicly disseminate statements to investors has skyrocketed. Yet no regulator, legislator, or judge has answered a fundamental question: Should the law distinguish between a company’s statements in a tweet and in a press release? In a new article, I present an empirical analysis of 2022 10b-5 class action lawsuits and 10b-5 enforcement actions by the SEC and find that social media state

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Microsoft Can Hurt Rivals In Different Ways, 9th Circ. Told

Law 360 M&A

A group of law professors backed the Federal Trade Commission's Ninth Circuit appeal against Microsoft's planned $68.7 billion purchase of Activision Blizzard, arguing in an amicus brief that a district court wrongly equated "total" foreclosure of access to Activision games with only "partial" foreclosure.

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BAE agrees to buy Ball’s aerospace business for $5.6bn

Financial Times M&A

UK’s largest defence company expands further into US with acquisition of Colorado-based unit

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BAE agrees to buy space technology firm Ball Aerospace for $5.6bn

The Guardian M&A

Weapon maker’s takeover of US firm comes amid global surge in spending on military and spying technology Britain’s biggest weapons manufacturer, BAE Systems, has agreed to buy the US space technology company Ball Aerospace for $5.6bn (£4.4bn), in one of the largest takeovers by a UK company this year. The FTSE 100 defence company said the purchase of the Colorado-based business would help it to expand in technologies that were US defence priorities.

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Bid for US Steel promises national security through consolidation

Financial Times M&A

Cleveland-Cliffs’ $10bn proposal would build scale but raise competition worries

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How to Value a Financial Advisory

Peak Business Valuation

Financial advisories provide a range of services related to personal finance, investments, and financial planning. They primarily help individuals, families, businesses, and institutions make informed financial decisions. As such, the financial advisory industry plays a crucial role in the economy. We can expect this industry to retain high demand for the next several years.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Spotlighting Donald W. Osborne, ASA Editor’s Note: When it comes to valuing an asset, there’s no room for error. Qualifications matter. Nobody understands this more than ASA , and member Donald W. Osborne, ASA. Learn more about Osborne below. Donald is a classic car historian, consultant, accredited appraiser, author, curator and the CEO of the Audrain Group in Newport, Rhode Island, where he guides the Audrain Automobile Museum , Audrain Motorsport and the Audrain Newport Concours & Motor W

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Paramount Global Walks Away From BET Stake Sale: Report

Benzinga

Mass media and entertainment conglomerate Paramount Global (NASDAQ: PARA ) reportedly has let go of its plan to sell its majority stake in BET Media Group. The group includes the VH1 and BET cable networks and BET+ streaming service. The move to end the sale comes as Paramount felt that it would not harbor any meaningful deleveraging of its balance sheet, the Full story available on Benzinga.

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Ncontracts Strengthens Cybersecurity Posture with Best-in-Class Certifications

N Contracts

BRENTWOOD, Tenn., August 17, 2023 -- Ncontracts , the leading provider of integrated compliance and risk management solutions to the financial industry, has successfully completed its Statement on Standards for Attestation Engagements (SSAE) 18 audit, distinguishing its adherence to the latest standards for Service Organization Controls (SOC) 1 Type II and SOC 2 Type II.

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Emerson Electric To Acquire Afag Holding: 'Ideally Suited To Provide Improved Energy Efficiency'

Benzinga

Emerson Electric Co (NYSE: EMR ) penned a deal to acquire Afag Holding AG for an undisclosed amount. Afag deals in electric linear motion, feeding, and handling automation solutions. Post closure, Afag will be included in Emerson's Discrete Automation segment. The transaction will boost Emerson's factory automation capabilities and create a leading motion portfolio that combines Afag's electric linear motion solutions with Emerson's pneumatic motion technology.

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Mastering Constructive Feedback: Essential Tips for New Leaders

Rhythm Systems

As new leaders, we often navigate the complexities of team management and relationship building. One of the most crucial skills in this journey is effectively giving feedback. This blog post, inspired by an insightful article by Patrick Thean in Harvard Business Review, offers a comprehensive guide on providing input and handling these "spicy" conversations.

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Piedmont Reveals Development Funding For Ewoyaa Lithium Project

Benzinga

Piedmont Lithium Inc (NASDAQ: PLL ) plans to increase its stake in Atlantic Lithium Limited's Ewoyaa Lithium Project as part of a staged investment agreement to earn a 50% equity interest in the Ghanaian lithium portfolio. Under the project agreement with Atlantic Lithium, Piedmont has exercised its option to acquire a 22.5% interest in Ewoyaa. Piedmont also plans to provide a.

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Ray Oral

M&A Leadership Council

Ray Oral Partner, Fortium Partners Ray Oral has 30+ years of experience leading technology integration and transformation efforts. This includes the Chicago Board Options Exchange where he led the effort to establish standalone trading and network technology as a spin-off from the Chicago Board of Trade. At ABN AMRO, Ray held multiple leadership positions including Retail Divisional COO and U.S.

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Bruker Enters Functional Single-Cell Biology Research Solutions With PhenomeX Acquisition

Benzinga

Bruker Corporation (NASDAQ: BRKR ) has agreed to acquire PhenomeX Inc (NASDAQ: CELL ) for $1.00 per share in an all-cash transaction. The proposed acquisition values PhenomeX at a total equity value of approximately $108 million. PhenomeX is a functional cell biology company that provides single-cell biology research tools to deliver deep insights into cellular function and new perspectives on phenomes and.

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Armin Roeseler

M&A Leadership Council

Armin Roeseler Partner, Fortium Partners Armin Roeseler is an innovative change agent who creates value by delivering technology that implements business strategies and resolves business challenges. In M&A situations, he applies a proven methodology to address issues at both the corporate and divisional level, and crafts practical solutions that improve technology operations.

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UK startup essentials: business bank accounts explained

Vested

Welcome to UK startup essentials, where we focus on the key tasks and tedious admin that (like it or not) you need to take care of when launching a new business.

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Grab your popcorn: the Sculptor hedge fund saga continues

Financial Times M&A

Plus, a private equity investor looks to sell its stake in scandal-hit UK children’s care homes and Soho House makes a play in Washington

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Sustainability is hard. Which makes doing what matters more essential

Avanade

Explore how digital transformation offers agility, insight, and security for more sustainable operations for the public sector.

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Dan Och is not done with Jimmy Levin yet

Financial Times M&A

One man’s quest to surpass the plot twists of Billions

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