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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
BH
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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Buxton Helmsley
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Under the SEC’s Cross-Trading Proposal, a Fund’s Own Valuation Could Set the Price
October 23, 2026•10 min read
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Under the SEC’s Cross-Trading Proposal, a Fund’s Own Valuation Could Set the Price
Oct 23, 2026•10 min read
BH
Buxton Helmsley
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Reading Travel + Leisure’s Loan Loss Ratio Against the SEC’s Complaint
October 21, 2026•18 min read
BH
Reading Travel + Leisure’s Loan Loss Ratio Against the SEC’s Complaint
Oct 21, 2026•18 min read
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Buxton Helmsley
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Optimum’s Rate Reconciliation Treated a Franchise Impairment the Way It Treated Goodwill
October 15, 2026•20 min read
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Optimum’s Rate Reconciliation Treated a Franchise Impairment the Way It Treated Goodwill
Oct 15, 2026•20 min read
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Buxton Helmsley
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The SEC Would Stop Asking Whether a Private Fund’s Auditor Is Subject to PCAOB Inspection
October 8, 2026•22 min read
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Buxton Helmsley
Insights
The Repurchase Safe Harbor and a Trading Day That Begins the Night Before
October 1, 2026•22 min read
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The Repurchase Safe Harbor and a Trading Day That Begins the Night Before
Oct 1, 2026•22 min read
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Buxton Helmsley
Insights
Overnight Exchange Trading Is Set to Begin December 6, and the Disclosure Rules Still Assume a Close
September 28, 2026•19 min read
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Buxton Helmsley
Insights
When a Shareholder Proposal Is Left Off the Proxy Card
September 23, 2026•24 min read
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When a Shareholder Proposal Is Left Off the Proxy Card
Sep 23, 2026•24 min read
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Buxton Helmsley
Insights
Anebulo’s Reverse Split Was Optional From the Start
August 28, 2026•20 min read
BH
Anebulo’s Reverse Split Was Optional From the Start
Aug 28, 2026•20 min read
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