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The lawsuits contend that half the loans were inaccurately described in disclosure materials filed with the Securities and Exchange Commission.
Outcome 3.1: Investors have access to high-quality disclosure materials that are useful to investment decision making.
The reason Mr. Stoker and no one else was charged is that he appears to be the only Citigroup executive who had any responsibility for the disclosure materials who also knew enough about the deal to ensure their accuracy.
Johnson himself has invested in in four limited liability corporations that in 2016 threw off pass through income of at least $250,000 and as much as $2 million, according to his financial disclosure materials.
Rule 56(c) provides that summary judgment is warranted when the "pleadings, the discovery and disclosure materials on file, and any affidavits show that there is no genuine issue as to any material fact and that the movant is entitled to judgment as a matter of law". We review a district court's award of attorney's fees under 17 U.S.C. § 505 for an abuse of discretion.
DOL's reasoning is that service providers "are in the best position to identify the location of information that otherwise may be difficult for a responsible plan fiduciary to find in multiple, highly technical or lengthy disclosure materials".
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The West believes in instant access, full and neutral disclosure; material first, spiritual second.
Moreover, the required disclosure material accompanying the transactions was subject to Securities and Exchange Commission preapproval.
For example, in Notice to Members 03-71, the NASD (now FINRA), explained: "[M]embers should provide investors with any prospectus and other disclosure material provided by the issuer or the sponsor.
The draft criticizes Rosenstein's disclosure of materials related to a classified surveillance warrant application and subsequent renewals targeting former Trump campaign adviser Carter Page.
Full disclosure: The materials in the exhibition have been donated to Princeton by Sidney Lapidus, who happens to be a trustee of the New-York Historical Society.
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CEO of Professional Science Editing for Scientists @ prosciediting.com