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Publications & Interviews

  • May 2019

    California’s New Privacy Law Has Teeth: Civil Penalties, a Private Right of Action for Consumers, Statutory Damages, and Voiding of Consumer Arbitration Agreements

    Association of Business Trial Lawyers Orange County Report Volume XXI No.1; Spring 2019
    Travis Brennan, Chair of Stradling’s Privacy & Data Security practice, and Katie Beaudin, an associate in the firm’s Business Litigation practice, authored an article regarding the California Consumer Privacy Act (“CCPA”), which is slated to take effect on January 1, 2019, for the ABTL Orange County Report Spring 2019 edition.
  • May 2019

    DOJ Sheds New Light On Corporate Compliance Evaluation

    Law360
    John Cannon, chair of Stradling's Securities Litigation and Enforcement practice group, was quoted in an article published on May 1st by Law360, “DOJ Sheds New Light on Corporate Compliance Evaluation.” The U.S. Department of Justice recently released an 18-page guidance document that details how prosecutors examine compliance programs when deciding whether to monitor, fine or file criminal charges against a company.
  • May 2019

    Private Briefing: Young PE Firms Double Down On Entrepreneurship

    The Street
    Tom Waldman, Shareholder in Stradling’s Corporate practice group, was quoted in an article published on May 1st by TheStreet, “Private Briefing: Young PE Firms Double Down on Entrepreneurship”. As private equity flourishes, more VPs are spinning off from their larger firms and starting their own shops. “You start out as a smaller business and the first thing you and your team do is find attractive deals,” Waldman said. “You’re doing all the legwork yourself. You’re doing business development and deal execution and management of your portfolio companies all with a small team”.
  • April 2019

    Lawmakers Reintroduce Bill To Exclude Digital Currencies From Definition of Security

    Stradling Startup Blog
    Federal lawmakers are re-upping efforts to exclude digital currencies from the definition of a security.
  • April 2019

    SEC Provides Clarity For Digital Token Sales

    Stradling Startup Blog
    The Securities and Exchange Commission earlier this month issued detailed guidance to companies that want to sell digital tokens, providing clarity on the application of federal securities laws to digital assets.
  • April 2019

    SEC Issues First-Ever No Action Letter For Digital Token Sales

    Stradling Startup Blog
    The Securities and Exchange Commission, in an unprecedented move, has given its blessing to a private jet startup to sell digital tokens without SEC oversight.
  • March 2019

    Delaware Supreme Court Upholds Dismissal of Trade Secrets Case Against PR Fund

    Preferred Returns Newsletter by the ABA’s Private Equity and Venture Capital Committee
    Amit Singh, a shareholder in Stradling’s Corporate and Securities practice group, authored an article for Preferred Returns Newsletter, the ABA’s Private Equity and Venture Capital Committee’s publication, regarding the Delaware Supreme Court’s recent dismissal of a trade secrets case against a private equity fund. Alarm.com brought suit against ABS Capital alleging the firm has misused confidential information by investing in its competitor.
  • March 2019

    SEC’s Effort to Exempt More Companies From Audits of Financial Controls Likely to Face Investor Resistance

    Reuters Accounting & Compliance Alert and Thomson Reuters News & Insight
    In an effort to encourage more companies to go and stay public, the SEC staff has been drafting a proposal that would exempt more public companies from audits of financial controls. However, moving forward with this agenda will not be easy.
  • March 2019

    Founder's Stock: Should You Subject It To Vesting Before A Venture Financing?

    Stradling Startup Blog
    When the founders of a company invest in their business - either with money or their intellectual property - they get in return what is known as “founder’s stock,” a form of stock in the company that comes with voting rights.

    Founder’s stock is often subject to a vesting schedule. That means if the founder leaves the company before the stock is fully vested, the company has the right to buy back unvested shares either at cost or at fair market value, whichever is lower.
  • March 2019

    Putting A Cap On Participating Preferred Stock

    Stradling Startup Blog
    Participating preferred stock - which entitles the investor to a preferential payment upon liquidation, as well as a share of the remaining liquidation proceeds with common stockholders - has some critics, namely those who say it allows the holder to double-dip into the company gains. A common way to limit the dilution of value caused by participating preferred stock is to set a cap on the participation amounts.