Alert – Nasdaq Adopts Diversity Rules

August 17, 2021

To our clients and friends:

Nasdaq's proposal to adopt new listing rules related to board diversity requirements and disclosure has been approved by the SEC.

Our Alert regarding the new rules is available here.


Potential E-Mail Scam Regarding Insider Trading Claim

June 4, 2021

We have become aware of a potential scam in which an e-mail is being sent by an anonymous employee to a company’s Ethics Committee identifying a potential insider trading violation by the employee’s superior at the company. This e-mail has been received by several clients through their whistleblower procedures. Please note that we believe this to be a phishing scam. As a result, before you respond to the e-mail or further engage with this party, we would recommend that you notify your IT department and discuss with us whether the potential claim is valid.

The contact information for our partners is contained below:


Agata S. Troy Joins Luse Gorman, PC

April 19, 2021

Washington, DC, April 19, 2021. For Immediate Release. Luse Gorman, PC is pleased to announce that Agata S. Troy has joined the Washington, DC law firm as a partner. Ms. Troy was most recently a partner at Manatt, Phelps & Phillips, LLP. With her addition to the partnership, Luse Gorman builds upon its unparalleled experience in the financial services industry, including FinTech and specialty finance.


Early 2021 Sees a Significant Increase in Mutual-to-Stock Conversion Activity

March 17, 2021

The number of conversion transactions announced in the first quarter of 2021 has already exceeded the total number of transactions for all of 2020. Currently, there are 11 mutual-to-stock conversions, second-step conversions and mutual holding company minority stock issuances pending, with two conversions already completed in January. Luse Gorman is counsel in nine of these transactions.