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1 Dec 2021, 10:30 am
Some of the factors the Court considered were: (1) a previous license to the ‘460 Patent to a company that provided carts and trays to the government for use in the checkpoints; (2) benefits to the government in the form of reduced injuries to TSA agents from carrying trays, as well as enhanced security due to a more efficient process, and passenger time savings resulting from shorter security lines; (3) reduced staffing needs due to fact that TSA agents no… [read post]
1 Dec 2021, 7:55 am
” “The settlement leaves outstanding ‘garden variety’ bankruptcy claims against the defendants and claims against legal services provider UnitedLex, the article reports. [read post]
1 Dec 2021, 3:55 am
In March, OSHA launched a national emphasis program focusing enforcement efforts on companies that put the largest number of workers at serious risk of contracting the coronavirus. [read post]
30 Nov 2021, 1:22 pm
First, the complaint alleges that the defendants violated Section 14(a) of the Securities Exchange Act of 1934, based on allegations that in the company’s 2021 proxy statement the defendants misrepresented the company’s internal controls and state of cybersecurity preparedness. [read post]
30 Nov 2021, 11:47 am
District Court for the Eastern District of Kentucky in Lexington has certified a statewide class and entered judgments totaling $4,696,124 against Defendant The Aliera Companies, Inc., the creator and marketer of purported “health care sharing ministry” (“HCSM”) products. [read post]
29 Nov 2021, 7:58 pm
District Court for the Eastern District of Kentucky in Lexington has certified a statewide class and entered judgments totaling $4,696,124 against Defendant The Aliera Companies, Inc., the creator and marketer of purported “health care sharing ministry” (“HCSM”) products. [read post]
29 Nov 2021, 11:53 am
The Delaware action asserted common law claims; the Southern District of New York alleges that the defendants violated Section 10(b) of the Securities Act of 1934 and Rule 10b-5. [read post]
29 Nov 2021, 5:01 am
It is unusual for the Bureau of Industry and Security to target companies headquartered in U.S. [read post]
29 Nov 2021, 4:04 am
Everyone gets the same JD, regardless of whether they plan to be a public defender making $50,000 or a Biglaw attorney making $200,000-plus. [read post]
28 Nov 2021, 1:01 pm
In securities class actions, plaintiffs often take a shotgun approach and allege that the defendants made numerous false statements throughout the putative class period. [read post]
27 Nov 2021, 2:16 am
The sole issue raised by the claimants/respondents is therefore resolved in their favour against the defendant/applicant. [read post]
26 Nov 2021, 4:00 am
” Yet the stories of Canadian companies being victims of commercially-driven IP theft are legion. [read post]
24 Nov 2021, 1:11 pm
Under German stock corporation law, the liability settlements that the company concludes with the defendant executive board members and the coverage settlements that the company concludes with the consortium of D&O insurers are, according to legal requirements, subject to the condition precedent of the annual general meeting approving the settlements and no objection from minority shareholders whose shares together constitute 10% of the company’s… [read post]
24 Nov 2021, 7:51 am
(See previous Securities Regulation Daily coverage for more details on the SPAC boom.).Share value dilution. [read post]
23 Nov 2021, 1:23 pm
Matt Pottinger, deputy national security adviser during the Trump administration, told the Wall Street Journal that “Taiwan badly neglected its national defense for the first 15 years or so of this century, buying too much expensive equipment that will get destroyed in the first hours of a conflict, and too little in the way of cheaper but lethal systems—antiship missiles, smart sea mines and well-trained reserve and auxiliary forces—that could seriously complicate… [read post]
23 Nov 2021, 6:00 am
And, in some cases, filing a lawsuit will be enough to push the trucking company and other defendants into settling before the case goes to trial. [read post]
23 Nov 2021, 5:01 am
Israeli companies have sold hacking tools used to target the family members of Gulf rulers, as well as journalists and dissidents. [read post]
23 Nov 2021, 3:19 am
Nuix disputes the allegations and will be defending the claim. [read post]
23 Nov 2021, 3:15 am
On January 21, 2019, Redman completed the D&O Questionnaire but did not submit Schedule B, “Security Ownership and Recent Transactions in Company Securities,” which should have described his ProPetro equity ownership including his stock pledges. 25. [read post]
22 Nov 2021, 12:48 pm
The complaint 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]
