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19 Apr 2021, 11:16 am
These new designations include sovereign debt prohibitions, as well as sanctions on companies and individuals connected to the Russian intelligence services and cyber activities, Russian illicit financial networks, Russian disinformation outlets and Russians involved in the occupation of Crimea. [read post]
19 Apr 2021, 10:56 am
History of the Zantac Mass Tort Claim In September 2019, an online pharmaceutical company called Valisure informed the FDA that it had found concerning levels of NDMA in ranitidine. [read post]
19 Apr 2021, 4:03 am
The plaintiff argued in opposition that the defendant offered no evidence of needed repairs and improvements or any other legitimate reason for amassing over $2 million in cash reserves and withholding distributions while the company was realizing over $600,000 annual net income on its rental apartment building. [read post]
18 Apr 2021, 3:01 pm
” The complaint alleges that the defendants violated Section 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
17 Apr 2021, 2:04 pm
The sentences fell short of the maximum of five years in prison the defendants had faced. [read post]
16 Apr 2021, 1:00 pm
The post Defending Department of State Grant Awardees Against Proposed Suspension and Debarment and the Critical Importance of an Effective Mitigation Case appeared first on Dunlap Bennett & Ludwig. [read post]
16 Apr 2021, 1:00 pm
You can decide for yourself by watching the security footage here. [read post]
16 Apr 2021, 7:55 am
The complaint said that a SPAC overstated the value of two target companies to secure approval of a merger and continued to inflate estimates afterwards. [read post]
15 Apr 2021, 9:58 pm
These agreements were termed "reverse payment" settlements because unlike in most patent suits, the defendant secured a payment... [read post]
15 Apr 2021, 2:35 pm
The costs of defending claims and responding to regulatory investigations could be substantial. [read post]
15 Apr 2021, 11:17 am
According to the department, “These companies provide a range of services to the FSB, GRU, and SVR, ranging from providing expertise, to developing tools and infrastructure, to facilitating malicious cyber activities. [read post]
15 Apr 2021, 10:51 am
Retroactive Application of IPRs: Security People, Inc. v. [read post]
15 Apr 2021, 7:32 am
Dudenhoeffer, the Supreme Court held that plan fiduciaries (typically company insiders) are not entitled to any special presumption of prudence when they invest in the company’s own stock, but rather are held to the same standards as ERISA fiduciaries in general. [read post]
15 Apr 2021, 3:04 am
They just had to provide a ticket that gave customers access to both companies' existing areas. [read post]
14 Apr 2021, 8:00 am
The Mother with an Edward Jones Account and Her Daughter the Edward Jones Branch Administrator (BrokeAndBroker.com Blog)Maryland Financial Advisor Facing Federal Charges for Stealing a Client's Life Savings / Defendant Allegedly Stole Thousands of Dollars from the Victim and Used the Funds for His Personal Benefit; As a Result of the Fraud, Victim's House Went Into Foreclosure and He Owed the IRS $63,000 (DOJ Release)High-Level Organizer of Notorious Hacking Group Sentenced… [read post]
14 Apr 2021, 7:02 am
Broudo, where it held that plaintiffs in a securities fraud case must plead and prove that there was a causal connection between the alleged misrepresentations and the subsequent decline in the company’s stock price. [read post]
13 Apr 2021, 1:57 pm
First, the policies under the RSUI layer paid out an astonishing $75 million in defending the securities fraud claims. [read post]
13 Apr 2021, 1:57 pm
First, the policies under the RSUI layer paid out an astonishing $75 million in defending the securities fraud claims. [read post]
12 Apr 2021, 4:59 pm
As discussed here, in February 2021, the defendants’ motion to dismiss the securities suit that had been filed against Inovio Pharmaceuticals was largely denied. [read post]
12 Apr 2021, 9:29 am
A standard FINRA disclaimer in the report that HCW would seek compensation from companies in the report within three months did not add to the inference of scienter, especially since there were two companies mentioned in the report.Finally, the panel rejected arguments under the core operations theory and a failure to correct the report. [read post]
