Section 16 Reporting and Liability


We assist our public company clients and their directors and officers in complying with the rules under Section 16 of the Securities Exchange Act of 1934. We also assist institutions holding more than ten-percent of a class of equity security registered under such act. We advise with respect to the obligations of these directors, officers and more than ten-percent holders to report transactions in the equity securities of such companies. We also assist these clients in avoiding liability for short-swing profits that could arise from such transactions and to comply with the prohibition on short sales. We focus in particular on the reporting and liability issues that could arise in connection with transactions under stock-based incentive plans of our public company clients.
We assist our public company clients and their directors and officers in complying with the rules under Section 16 of the Securities Exchange Act of 1934. We also assist institutions holding more than ten-percent of a class of equity security registered under such act. We advise with respect to the obligations of these directors, officers and more than ten-percent holders to report transactions in the equity securities of such companies. We also assist these clients in avoiding liability for short-swing profits that could arise from such transactions and to comply with the prohibition on short sales. We focus in particular on the reporting and liability issues that could arise in connection with transactions under stock-based incentive plans of our public company clients.