JOBS Act: Pathway for Emerging Growth Companies 09/21/2012
Posted by Morse, Barnes-Brown Pendleton in Events, Legal Developments.Tags: emerging growth, IPO, JOBS Act, mbbp, MFA, public companies, public filing
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On Tuesday, October 16th Morse, Barnes-Brown & Pendleton, PC and Moody, Famiglietti & Andronico, LLP are holding an informational seminar to discuss the economic basis behind the JOBS Act as well as the specific changes instituted by it. A panel of experts will delve into recent data indicating who is taking advantage of the Act’s provisions and why, and describe the ways in which the new legislation has impacted public filings since its inception.
This seminar will examine the following topic areas:
- Economic and regulatory drivers that set the stage for the JOBS Act
- Goals of the JOBS Act in terms of job creation and IPO revitalization
- Major regulatory changes established by the Act
- The new concept of the “emerging growth company”
- Confidential public filing
- Benefits of going public in today’s market
For more information, directions, or to register, please visit the event page: Exclusive Event – JOBS Act: Pathway for Emerging Growth Companies.
Action Item for Public Companies: Disclosing Cybersecurity Risks 11/14/2011
Posted by Morse, Barnes-Brown Pendleton in Attorney News, Legal Developments, Public Companies.Tags: cybersecurities, public companies, SEC
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By: Daniele Levy
The U.S. Securities and Exchange Commission (SEC) recently issued guidance to help public companies assess what, if any, disclosure should be provided regarding cybersecurity risks or incidents. While federal securities laws do not specifically require companies to disclose cybersecurity risks, the SEC’s guidance makes it clear that a number of existing disclosure requirements may impose obligations to disclose cybersecurity matters.
The SEC specifically stated that its guidance and the federal securities laws should not be interpreted to require disclosure that would compromise a company’s cybersecurity efforts.
As an action item, companies should consider whether cybersecurity risks and incidents may affect their risk factor disclosure, MD&A, description of the company’s business and operations, legal proceedings disclosure and financial statements.
Disclosure committees, in their periodic review of the effectiveness of disclosure controls and procedures, will want to consider cybersecurity matters as well.
For more information on this topic, please feel free to contact Daniele Levy.
MassChallenge Awards Therapeutic Systems with $50,000 Gold Prize 11/14/2011
Posted by Morse, Barnes-Brown Pendleton in Client News.Tags: cybersecurities, public companies, SEC
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On October 24th, MassChallenge held a ceremony to announce the winners of the $1 million 2011 MassChallenge Startup Competition and Accelerator. Three companies were awarded the $100K Diamond Prize and fourteen were awarded the $50K Gold Prize. MBBP client Therapeutic Systems, LLC were selected as one of the $50K Gold Prize winners for the design and development of their product, the Vayu Vest, which is a new and innovative medical device that uses deep pressure to adderss the unique sensory needs of people with autism and related disorders.
Congratulations Therapeutic Systems!
Please visit MassChallenge for more information on the competition.
Securities Regulation and the Use of Social Media by Public Companies 09/10/2009
Posted by Morse, Barnes-Brown Pendleton in Corporate, Legal Developments, Public Companies.Tags: public companies, SEC, securities, social media
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Public companies today, more than ever, disseminate corporate communications to their constituents (shareholders, customers, prospective investors) by means of a variety of social media platforms (corporate web sites, blogs, Twitter). In so doing, companies should consider whether the disclosure of corporate information runs afoul of the federal securities laws. To guard against federal securities law violations, public companies should implement policies to regulate such disclosures by company representatives.
To read more, click on: SEC’s Regulation FD on Fair Disclosure.
