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22 Apr 2021, 3:04 pm by Kevin LaCroix
The complaint alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. [read post]
22 Oct 2014, 1:43 pm by William Gaskill
Headwaters Resources, Inc. v Illinois Union Insurance Company Headwaters sued Company seeking reimbursement for expenses arising from defense of a pollution damage case in Virginia which Company had denied citing the applicable policies’ pollution exclusions. [read post]
4 Mar 2020, 2:18 pm by Kevin LaCroix
  In that case, a group of Australian investors who had purchased shares of National Australia Bank on the Australian Stock Exchange claimed that an executive of the bank’s Florida-based subsidiary had made false and misleading statements, which were repeated in the bank’s securities filings in violation of Section 10(b) of the Securities Exchange Act of 1934. [read post]
20 Jun 2007, 1:14 pm
Insurance companies/juries don’t pay for the chiropractic bills. [read post]
29 Apr 2008, 11:20 am
Diana Bright, a 5-page opinion, Judge Sharpnack writes:General Casualty Insurance Company ("General Casualty") appeals the trial court's grant of Diana Bright's motion to dismiss. [read post]
31 Jan 2007, 8:44 pm
Unlike the Bank Holding Company Act, the Federal Deposit Insurance Act has no specific prohibitions on commercial ownership. [read post]
27 Jun 2021, 6:50 am by Kevin LaCroix
The Smilotvits action plaintiffs alleged that the defendants had violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. [read post]
12 Jul 2013, 9:07 am by Adam Kielich
In the mid 1990s mutual fund companies and insurers, who make up the majority of 401k plan administration service providers, pushed for the Department of Labor to approve revenue sharing as a permissible form of payment for plan services. [read post]
6 Nov 2015, 4:41 pm by Altman & Altman
In most cases, patients are required by their insurance companies to take cheaper, generic versions of prescription drugs if and when they are available. [read post]
7 May 2008, 10:31 pm
Answer: Based upon the facts presented, such a payment would not be a rebate within the meaning of Insurance Law § 2324 because: (1) there is no apparent relationship between the automotive repair shop and any insurance company; and (2) the automotive repair shop is neither a licensee under the Insurance Law, nor acting on the part of a licensee. [read post]
12 Jan 2009, 7:00 am
This author has found Settlement Capital to be one of the more ethical factoring companies when it comes to advertising, in addition to enjoying the occasional debate with its General Counsel. [read post]
26 Aug 2018, 2:05 pm by Giles Peaker
Here is a very interesting case involving just such a company and in which their actions were a central issue. [read post]
1 Mar 2017, 4:49 pm by Kevin LaCroix
  In other words, regulators’ growing willingness to take on corruption in their respective countries has several very significant implications for the companies involved – and for their D&O insurers. [read post]
11 Nov 2010, 10:51 am by Mark S. Humphreys
Here is some background: Essex Insurance Company (Essex) had issued a policy of insurance to Michael Clark (Clark), d/b/a Ace Construction Company (ACC). [read post]
3 Jan 2011, 9:45 pm by Law Lady
The civil and criminal cases were based on violations of the Food, Drug and Cosmetic Act, 21 U.S.C. 351(a)(2)(B), at SB Pharmco's now-closed plant in Cidra, Puerto Rico. [read post]
1 Aug 2023, 8:00 am by Sherica Celine
A recent ERISA Advisory Council report explores how employee benefit plans can insure against cybersecurity risks. [read post]