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Buxton Helmsley insights

How the Court of Chancery Valued the Activision Sellers’ Federal Securities Claims

The Court of Chancery approved the $250 million Activision Blizzard settlement and a release, for no consideration to the Seller Class, of federal securities claims filed for stockholders who sold while the Microsoft merger was pending. Buxton Helmsley reads the opinion, the federal complaint, and the 2022 proxy statement against four questions that any valuation of a securities claim has to answer.
November 4, 2026
17 min read
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Buxton Helmsley insights

The Dig - What do Anthropic’s audit-related disclosures tell us about IPO rediness?

Francine McKenna, one of the leading journalists covering audit and accounting for more than fifteen years (Forbes, MarketWatch, and now her newsletter The Dig), wrote about Buxton Helmsley’s work at Daily Journal Corporation in her October 31 edition. She first reported on Daily Journal’s auditor changes under Charlie Munger for MarketWatch in 2016, and writes that she will be returning to the company soon. Her section runs under “The Daily Journal and Buxton Helmsley,” ahead of the paywall. Read the piece on The Dig Buxton Helmsley holds a long position in Daily Journal Corporation common stock.
November 1, 2026
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Buxton Helmsley insights

The Record Daily Journal Filed Against Itself

What Daily Journal Corporation (DJCO) told shareholders, set beside its own SEC filings: software R&D disclosure, ASC 985-20, Section 16, and the CFO’s pay.
October 31, 2026
30 min read

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