New England Biz Law Update

In its August 2023 decision, Robinhood Financial LLC v. Galvin, the Massachusetts Supreme Judicial validated the Secretary of the Commonwealth of Massachusetts’ 2020 regulation to mandate a fiduciary duty standard of care for Massachusetts broker-dealers when they provide investment advice ...

For years, courts in all jurisdictions across the United States wrestled with what constitutes a “deadlock” for a privately-held company, but without attempting to fashion an overall framework for evaluating claims of deadlock. That changed with the Massachusetts Supreme Judicial ...