• Posts by Elizabeth R. Gonzalez-Sussman
    Elizabeth Gonzalez-Sussman
    Partner

    Elizabeth possesses a clear understanding of market practices, deep knowledge of the law, and extensive experience in advising clients on all aspects of shareholder activism. A talented lawyer and an excellent negotiator, she ...

Certain of the new rules governing beneficial ownership reporting on Schedule 13D and 13G take effect on Monday, February 5, 2024. Please refer to our Client Alert discussing in detail the new rules. The new filing deadlines that you should begin to take into consideration with respect to your ongoing securities acquisition programs are as follows:

Olshan provides key takeaways for Schedule 13D and 13G reporting updates adopted by the U.S. Securities and Exchange Commission.

On December 1, 2020, Nasdaq filed Proposed Rule 5605(f) with the U.S. Securities and Exchange Commission (“SEC”) to adopt new listing rules related to board diversity. If approved by the SEC, Proposed Rule 5605(f) would require all companies listed on Nasdaq’s U.S. exchange to publicly disclose their diversity statistics regarding their board of directors. Proposed Rule 5605(f) would also require all Nasdaq-listed companies to include a minimum number of individuals on their board of directors who self-identify in one or more of the following “Diverse” categories: female, underrepresented minority or LGBTQ+.

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