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Johnson Fistel is pleased to announce the addition of Attorney Bryan M. Wyman to its San Diego office.  Mr. Wyman will focus his practice on complex commercial litigation with an emphasis on shareholder derivative actions. Mr. Wyman graduated of the University of San Diego School of law in May 2022. While in law school, Mr.…

This article is reprinted with permission from Esq. Wealth Management, Inc. Embarking on retirement isn’t just about reaching the finish line; it’s about ensuring your financial well-being for the journey ahead. While the accumulation phase demands disciplined savings and savvy investments, the transition into retirement necessitates a shift in focus towards intelligent withdrawal strategies. At…

This article is reprinted with permission from Esq. Wealth Management, Inc. Embarking on the journey of financial success demands meticulous planning and informed decisions. Despite the universal desire for prosperity, many individuals overlook the crucial step of creating a comprehensive financial plan. Engaging with a skilled financial advisor becomes pivotal in crafting a personalized strategy…

Goldstein v. Denner, C.A. No. 2020-1061-JTL (Del. Ch.).  Johnson Fistel serves as additional counsel in a securities class action involving allegations that former officers and directors of Bioverativ breached their fiduciary duties in the sale of Bioverativ to Sanofi S.A. in 2018. The settling defendants agreed to have $84 million paid to former Bioverativ shareholders…

This article is reprinted with permission from Esq. Wealth Management, Inc. To combat inflation, the Federal Reserve increased interest rates by 5.25 percentage points since March 2022. The recent hints from the Fed about potential rate cuts in 2024 suggest a significant shift in interest rate expectations. As the Fed forecasts a possible reduction of…

Steve Wynn, a prominent Las Vegas casino magnate, has reached a $10 million settlement with the Nevada Gaming Commission over employee allegations of sexual misconduct. Under the terms of the settlement, Mr. Wynn—who has denied any wrongdoing—is also prohibited from any direct or indirect involvement in the state’s gambling industry. Mr. Wynn resigned from his…

This article is reprinted with permission from Esq. Wealth Management, Inc. As the market expected, the Federal Reserve held interest rates steady at its final two-day meeting of 2023 this week, marking the third consecutive meeting without a raise in rates. This increases the chances that the Fed has finished its tightening cycle, which took…

This article is reprinted with permission from Esq. Wealth Management, Inc. As we approach the end of the year, Esq Wealth is committed to helping you navigate strategic financial moves that can profoundly impact your financial future. This guide outlines ten strategies covering diverse aspects of financial planning, ensuring a holistic approach to your year-end…

On June 1, 2023, the United States Court of Appeals for the Ninth Circuit issued the decision Lee v. Fisher[1], which held that forum selection clauses in the bylaws of Delaware corporations were not void under the Securities Exchange Act’s (“Exchange Act”) anti-waiver provision[2].  However, tucked away in Lee is a discussion about whether a…