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3 Jan 2022, 12:39 pm
And in 20 of the 31 SPAC-related suits (61.7%) the defendants named in the complaint included not only the post-merger company and certain of its officers and directors, but also former directors and officers of the SPAC itself. [read post]
3 Jan 2022, 7:02 am
’” David Chase added that whistleblowers may also be insiders at public or private companies that are raising funds, or anyone with knowledge of violations of the federal securities laws, such as “illegal, fraudulent acts like Ponzi schemes or market manipulation…or even insider trading. [read post]
2 Jan 2022, 7:24 am
The Companies That Were Targeted: The 2021 securities suits were filed against a wide variety of kinds of companies. [read post]
2 Jan 2022, 4:05 am
Too bad that Spotify's top lawyer is now working for a company that is on pretty friendly terms with Apple. [read post]
2 Jan 2022, 4:00 am
Here, it is undisputed that, when RSA defended, it did not know of the fact of consumption of alcohol prior to the accident, which fact, if known, would have demonstrated policy breach. [read post]
31 Dec 2021, 12:42 pm
Augustin from Coral Springs, Florida obtained PPP loans for Augustin’s company, Clear Vision Music Group LLC. [read post]
30 Dec 2021, 3:52 pm
The defendants appealed the denial of their motion. [read post]
30 Dec 2021, 4:01 am
It remains to be seen whether this reform to military justice will meet expectations, including those of President Biden—who said this would be among the “most significant reforms to our military undertaken in recent history”—or be remembered instead as “hobbling” a military commander’s ability to discipline troops, leading to what some commentators consider to be a regrettable, preventable, natural and foreseeable consequence: degraded national… [read post]
29 Dec 2021, 12:00 pm
In the US, for example, the Securities and Exchange Commission has flagged it is likely to introduce new rules on climate-risk disclosures for companies in the second half of 2021. [read post]
29 Dec 2021, 7:52 am
The anonymous jury deliberated for more than 10 hours over two days, and without asking the judge a single question, filed back into the Hennepin County Government Center on Tuesday afternoon to a courtroom under tight security and Covid-19 restrictions. [read post]
28 Dec 2021, 10:57 pm
It is true that source code review by developers can identify security issues Apple's app review would fail to find. [read post]
28 Dec 2021, 6:00 am
The Loading or Shipping Company Semi-trucks must be properly loaded to ensure that the cargo is balanced and secured. [read post]
27 Dec 2021, 9:53 am
By my count, ten of the 31 companies (roughly a third) named as defendants in SPAC-related lawsuits this year are EV companies (as is Nikola, which was named as a defendant in a high-profile securities suit in 2020). [read post]
27 Dec 2021, 7:02 am
According to prior WNN reporting, “Arriva was the largest Medicare mail-order diabetic testing supplier until the company shut down in December of 2017. [read post]
27 Dec 2021, 3:49 am
Human rights defenders, researchers from the Inter-American Commission on Human Rights, and journalists were not spared on Mexico’s list. [read post]
26 Dec 2021, 9:05 pm
Securities Market? [read post]
26 Dec 2021, 9:01 pm
Against InterDigital, however, there is no way to assert patents as the company doesn't make products a patent holder could target.While it's clearly a quantitative challenge to fend off dozens of Nokia lawsuits and defend against InterDigital in several jurisdictions at the same time, OPPO ships tens of millions of smartphones every quarter (with a global market share of now 10% according to Counterpoint Research) and manages thousands of patent applications per year. [read post]
26 Dec 2021, 7:41 am
The defendants filed motions to dismiss. [read post]
24 Dec 2021, 12:30 pm
Plaintiff: But what if the officer violates my rights under the Americans with Disabilities Act (by, among other things, failing to adequately secure my wheelchair on the ride to jail)? [read post]
24 Dec 2021, 7:57 am
” The plaintiff alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
