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What Is A Special Litigation Committee?

What Is A Special Litigation Committee?

A special litigation committee (“SLC”) is a committee appointed by a corporation’s Board of Directors when challenged by a shareholder derivative action and is tasked with considering whether it is in the corporation’s best interest is to pursue or...

Investigation of Portola Pharmaceuticals

Portola Pharmaceuticals, Inc. (PTLA) Accused of Misleading Shareholders According to the complaint for alleged violations of the Securities Exchange Act of 1934 between November 5, 2019 and January 9, 2020, throughout the relevant period, Portola Pharmaceuticals, Inc....