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Katryna Perera

Katryna Perera

Reporter at Law360

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53
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Location
United States
Languages
  • English
Covering topics
  • Finance & Banking Services
  • Compliance

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Recent Articles

law360.com

FTX Trust Fights To Claw Back $650K Charity Donation

FTX Recovery Trust has urged a Delaware bankruptcy judge to reject an FTX angel investor's bid to block the trust from clawing back a $650,000 charitable donation, saying a related sanctions motion by the investor is a litigation tactic to deter the trust from pursuing its claims over the donation.
law360.com

FTX Trust Fights To Claw Back $650K Charity Donation

FTX Recovery Trust has urged a Delaware bankruptcy judge to reject an FTX angel investor's bid to block the trust from clawing back a $650,000 charitable donation, saying a related sanctions motion by the investor is a litigation tactic to deter the trust from pursuing its claims over the donation.
law360.com

SEC Extends Fee Cap Compliance Dates After DC Circ. Ruling

The U.S. Securities and Exchange Commission on Friday extended the compliance deadlines for new rules that will cap the fees that exchanges can charge investors and allow exchanges to quote stock prices in half-penny increments after the D.C. Circuit rejected calls to overturn the rules.
law360.com

Opendoor Investors Ask For Final OK Of Reforms Settlement

Investors of Opendoor Technologies Inc. have asked an Arizona federal judge to give the final OK to a settlement that includes corporate governance reforms and $1.9 million in attorney fees, to end a derivative suit that claimed they were misled about the efficacy of Opendoor's artificial intelligence pricing algorithm used to buy and sell homes.
law360.com

Minerals Co. Brass Settles Investor Suit Over Gov't Contract

Compass Minerals International's leadership has reached a settlement in a shareholder derivative suit accusing them of hiding signs that the company would not be able to renew a lucrative supplier relationship with the U.S. Forest Service.
law360.com

Rio Tinto Investors Get Final OK On $139M Deal, Atty Fees

A New York federal judge on Thursday awarded $17.7 million in attorney fees and granted final approval for a $139 million settlement reached in a securities class action that accused mining giant Rio Tinto of concealing delays and cost overruns in a $7 billion copper-gold mine development in southern Mongolia.
law360.com

UBS Urges Justices Not To Revive Retaliation Case Again

UBS Securities is urging the U.S. Supreme Court not to revive, for a second time, a fired worker's whistleblower retaliation lawsuit, arguing that lower courts should be allowed to consider questions about jury instructions regarding the meaning of "contributing factor" in the Sarbanes-Oxley Act before the high court weighs in.
law360.com

RELX Escapes Ex-Employee's Greenwashing, Retaliation Suit

A Massachusetts federal judge has tossed a suit accusing RELX PLC of retaliating against a former employee and committing securities fraud by making business decisions that contradicted environmentally minded pledges made to investors, ruling that the employee missed the window to file a charge related to his termination.
law360.com

Acadia Investors Score Partial Win In Fraud Class Action

A Tennessee federal judge has granted a proposed class of Acadia Healthcare Co. investors a partial early win in their suit claiming the company misled them about the strength of its United Kingdom operations, finding that the investors have presented genuine issues of material fact and that Acadia failed to properly rebut their claims.
law360.com

3rd Circ. Clears Cannabis REIT In Investor Fraud Suit

The Third Circuit on Wednesday affirmed the dismissal of a securities fraud class action against a cannabis-focused real estate investment trust that alleged the trust violated securities laws by ignoring red flags about a tenant, with the panel finding that investors failed to show they were intentionally misled.
law360.com

Musk, Twitter Investors Denied Early Wins In Fraud Suit

Elon Musk and investors of X, formerly known as Twitter, are headed toward trial in a class action suit accusing the billionaire of intentionally tanking the social media platform's stock price, after a California federal judge denied the parties' cross-motions for an early win in the case.