Can an advisor be held liable for the false statements in a prospectus made by another?

October 30, 2014 on 1:14 pm | In Business Planning, Contributors, General Interest, Merger & Acquisition, Neal J. Robinson, State & Federal Litigation | No Comments
Williamsburg Virginia Business Lawyers

United States Supreme Court

Previously we blogged about a pending case before the Supreme Court that had the possibility to significantly increase the liability of persons for assisting in the preparation of a “prospectus.” As of June 13, 2011, the Supreme Court handed down an opinion in that case, styled as Janus Capital Group, Inc. v. First Derivative Traders, No. 09-525 (S. Ct.).

The determination of this case is relevant to accountants and business lawyers who assist in the preparation of documents for the purpose of raising money for investment. The Janus Capital Group, Inc. case presented the question of who may be deemed to have “made” an untrue statement for the purposes of Rule 10b-5, and specifically whether someone who assisted in the preparation of a prospectus could “make” a statement through such assistance. As the result of a 5-4 decision, accountants and business attorneys may breathe a little easier. Continue reading “Can an advisor be held liable for the false statements in a prospectus made by another?”

Republished by Blog Post Promoter

No Comments »

Tarley Robinson April 2011 Newsletter

April 7, 2011 on 8:45 am | In General Interest, HOA, HOA litigation, John Tarley, Merger & Acquisition, Neal J. Robinson, Real Estate Litigation, Susan B. Tarley, Weekly Tweets | No Comments

Check out our April 2011 Newsletter that includes the details of our new location! We completed our move to New Town and have unpacked “most” of the boxes. Our blogging output has been a bit light the past couple of weeks as we prepared to move, but we’ll be back at it next week!

No Comments »

Tarley Robinson February 2011 Newsletter

February 9, 2011 on 12:57 pm | In Common Interest Community, HOA, HOA litigation, John Tarley, Merger & Acquisition, Neal J. Robinson, Susan B. Tarley, Unit Owners Association, Weekly Tweets | No Comments

February Tarley Robinson Newsletter

Topics include a discussion of email scams. Also, we’re sure that you have already made your diet or exercise New Year’s Resolutions. Hopefully you are still on track! For your homeowners association, here’s a simple, but effective and invaluable list of suggested New Year’s Resolutions.

No Comments »

The Proposed Tax Legislation and You

December 12, 2010 on 3:17 pm | In Business Planning, Neal J. Robinson, Real Estate Strategies, Weekly Tweets | No Comments

In S8721, S. Amend.4753 amending H.R.4853, there is some good news with respect to the long in limbo future of federal estate and gift tax legislation for taxable years beginning after December 31, 2010.   Further, it appears that the estate and gift tax amendments are likely to pass both houses of Congress this year, though nothing is certain in the current legislative environment.

Under the proposed legislation, the amount of a decedent’s taxable estate excludable from estate tax would be $5 million.  For years beginning in 2012, the exclusion amount would be indexed for inflation.  While the provisions of the proposed legislation will sunset with the entirety of the proposed tax package, this time as of December 31, 2012, the inflation index provisions as to these provisions may be an indication that there exists some consensus that the estate and gift tax components of the current tax bill may represent appropriate long-term policy.

Continue reading “The Proposed Tax Legislation and You”

No Comments »

Tarley Robinson November Newsletter

November 4, 2010 on 6:35 am | In Common Interest Community, HOA, John Tarley, Neal J. Robinson, Real Estate Strategies, State & Federal Litigation, Susan B. Tarley, Weekly Tweets | No Comments


Tarley Robinson November Newsletter

No Comments »
Previous 1 2 Next
« Previous Page
  • Phone Numbers

    (757) 229-4281- Office

    (757) 229-7439 - Fax
  • Address

    4808 Courthouse Street Suite 102 Williamsburg, Virginia 23185
  • Subscribe to the Blog

  • Tarley Robinson Twitter Feed

Web Development by OneWaveMedia.Com