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16 Jun 2024, 9:01 pm by News Desk
In a May 29 warning letter, the FDA described Big Island Candies Inc. [read post]
6 Jun 2024, 2:03 pm by John Elwood
The plaintiffs in the case, shareholders in Facebook, allege that the company defrauded them by its description of “risk factors” in their annual Form 10-K and quarterly Form 10-Q filings. [read post]
19 May 2024, 4:01 am by Administrator
By arranging the issuance of this letter of credit, Bombardier sought to facilitate a complex transaction for the supply of aircraft to the Hellenic Ministry of Defense, or “HMOD”. [read post]
15 May 2024, 9:05 pm by Coral Beach
  The action by the Food and Drug Administration on May 15 comes after a letter from a toxicologist at the agency’s Center for Food Safety and Applied Nutrition (CFSAN) was sent to a CFSAN division director on April 10 this year that outlines problems with tara flour. [read post]
3 Apr 2024, 9:03 pm by renholding
Rulemaking designed to engage the public takes time, something that is in short supply for an industry inundated with new rules and rule proposals from the SEC and other regulators. [read post]
8 Mar 2024, 5:06 am by centerforartlaw
Each year, the 10 artists shown in the previous year nominated the next year’s participants. [read post]
2 Jan 2024, 12:56 pm by Kevin LaCroix
High interest rates caused many of the issues at the banks; as discussed in the third section below, high interest rates and other macroeconomic factors (including economic inflation and supply chain and labor supply disruption) were generally significant factors in the total number of securities suits filed overall in 2023. [read post]
13 Sep 2023, 6:00 am by Tad Lipsky
Arnold, who served until 1943, had the leading role in establishing the sound institutional structure of the Antitrust Division and in making the division a credible enforcer. [read post]
”[10] When an investigation or examination reveals a company is failing to meet the promises it makes to investors and consumers in the form of greenwashing or other types of deceptive disclosures, the SEC may initiate an enforcement action. [read post]
8 Jul 2023, 4:33 pm by Barry Barnett
By one measure, while the U.S. economy grew almost 10 times over from 1979 to 2022,[11] the FTC’s and Antitrust Division’s budgets increased fewer than seven times—a loss equal to 34 percent of the enforcers’ total resources.[12] Just to return the agencies to their appropriation levels of 45 years ago, Congress would need to add almost $340 million to the 2023 fiscal year appropriation of $655 million—a whopping 50+ percent rise over an… [read post]
24 May 2023, 3:55 pm by Keith Szeliga and Katie Calogero
  Fourth, while the Government must prove it relied on the defective cost or pricing data, . 5here is a rebuttable presumption that the Government relied on data.[10] A contractor can rebut the presumption by showing that the Government never reviewed the defective data,[11] or that the Government relied on other data, such as its own independent estimate, instead of the contractor’s data.[12]  Fifth, the Government must prove its reliance on the defective data caused… [read post]
24 May 2023, 6:37 am by Paula Junghans
” The indictment and its accompanying “statement of facts” accuse Trump of orchestrating a “catch and kill” scheme with his fixer Michael Cohen, American Media, Inc. [read post]
27 Mar 2023, 9:01 pm by renholding
This figure is significantly lower than in 2016, when the Delaware Court of Chancery effectively put an end to the practice of disclosure-only settlements in In re Trulia Inc. [read post]
1 Feb 2023, 9:05 pm by renholding
  The overall number of megadeals decreased, however, with only six $25 billion-plus deals and thirty $10 billion-plus deals announced in 2022, compared to 10 and 53, respectively, during 2021, likely reflecting greater reluctance to pursue large transactions in the current regulatory environment as well as valuation gaps between buyers and sellers and more challenging financing markets than in the previous year. [read post]
3 Jan 2023, 1:47 pm by Kevin LaCroix
There were 196 federal court securities class action lawsuits filed in 2022, representing about a 10% decline in the number federal court securities suits compared to 2021 (when there were 218 securities class action lawsuits filed). [read post]