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Nelson Mullins COVID-19 Resources

Nelson Mullins is continuing to monitor developments related to COVID-19, including guidance from the Centers for Disease Control (“CDC”); World Health Organization; various health officials; and federal, state, and local government authorities. The firm is taking appropriate precautionary actions and has implemented plans to ensure the continuation of all firm services to clients from both in office and remote work arrangements across in our 25 offices.

Nelson Mullins COVID-19 Resources

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March 20, 2020

Senators’ Stock Sales Raise Corporate Insider Trading Concern

In the News

March 4, 2020

SEC Offers Filing Relief to Companies Hit by Coronavirus

Law 360

The U.S. Securities and Exchange Commission on Wednesday said publicly traded companies affected by the coronavirus can have an additional 45 days to file regulatory disclosures that would have been due between March 1 and April 30.

The announcement applies to a range of materials covered by the Exchange Act and associated regulations. For example, it could apply to annual reports for companies with different financial calendars, as well as the 6-Ks filed by certain foreign companies and 8-Ks, which signal notable events, New York partner Adele Hogan told Law 360.

The SEC guidance says companies must explain why the relief is needed. “It’s important that companies think through the implications of taking this relief,” she said. “Whatever reason they give for needing an extension or conditional relief, they should make sure they have adequate evidence to back it up.”

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