William Prickett Quoted in Law360
“SEC Political Spending Rule Could Spur Investor Suits”

Seyfarth Shaw Securities & Financial Litigation partner William Prickett is quoted in a January 18 Law360 article discussing a proposal to the Securities and Exchange Commision that would force publicly traded companies to disclose their political spending to shareholders, which can lead to corporate waste claims or break fiduciary claims. According to Will, “If the amount is large enough and the shareholders’ political ideology is different enough, you can see that risk out there.”