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18 Apr 2024, 9:01 pm by renholding
Every day, we see individuals, corporations, analysts, and others touting these developments. [read post]
Innodata, the complaint alleges, did not have a viable AI technology and was investing poorly in AI-related research and development, which made certain statements about its use of AI false or misleading. [read post]
15 Apr 2024, 9:01 pm by renholding
Custodia has a Special Purpose Depository Institution (SPDI) charter from the State of Wyoming that allows it to take deposits but does not require it to obtain insurance from the Federal Deposit Insurance Corporation (FDIC). [read post]
14 Apr 2024, 9:05 pm by renholding
Rather, he purchased shares in Incyte Corporation, which was a firm arguably occupying the same market space as Medivation. [read post]
14 Apr 2024, 4:46 pm by Steve Bainbridge
In 2021, the SEC brought a case against an employee of Medivation, Inc., alleging Panuwat had engaged in insider trading under the so-called misappropriation theory: Matthew Panuwat, the then-head of business development at Medivation, a mid-sized, oncology-focused biopharmaceutical company, purchased short-term, out-of-the-money stock options in Incyte Corporation, another mid-cap oncology-focused biopharmaceutical company, just days before the August 22, 2016… [read post]
7 Apr 2024, 9:05 pm by renholding
Even though business laws, including corporate and securities laws, have been heavily influenced in the last several decades by what can fairly be called an ideology of profit maximization, much of the law has in practice withstood efforts to reduce business law’s prescriptions to this single objective.[2] In the American Law Institute’s Principles of Corporate Governance, for example, the objective of business corporations to act “with a view to… [read post]
6 Apr 2024, 4:42 pm by Donald Clarke
It’s an incorporeal piece of knowledge developed and operated by a transnational corporate group. [read post]
3 Apr 2024, 9:03 pm by renholding
The Commission should think about each rule proposal as an opportunity to foster a public discussion with the goal of developing the best solution to a carefully identified problem, not as the opening bid in a hard-driving negotiating strategy designed to force a cowed public to accept a slightly less onerous—though perhaps still unworkable—final rule. [read post]
The Delaware Supreme Court has held that Delaware corporations and their insured officers and directors should be able to get the benefit of Delaware law applying in coverage disputes. [read post]
31 Mar 2024, 9:01 pm by News Desk
In a Jan 23 warning letter, the FDA described an Aug. 29-31, 2023, Foreign Supplier Verification Program (FSVP) inspection of Mexpobaja Corporation in Oakland, CA. [read post]