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9 Mar 2022, 2:06 pm by Kevin LaCroix
  The largest 2021 settlements included one settlement in excess of $1 billion (the $1.21 billion settlement in the Valeant Pharmaceuticals International case) and four in excess of $100 million (Snap, Inc.: $187.5 million; DaVita, Inc.: $135 million; Allergan plc: $130 million; and GCI Liberty $110 million). [read post]
3 Mar 2022, 12:25 pm by News Desk
Wegmans Food Markets Inc. is recalling Wegmans brand Roasted Garlic hummus because the product may contain plastic pieces. [read post]
21 Feb 2022, 6:59 am by Chris Castle
And some firms [Snap, Inc. and Google Class B shares] have recently issued shares that give ordinary public investors no vote at all.For most of the modern history of American equity markets, the New York Stock Exchange did not list companies with dual-class voting. [read post]
17 Feb 2022, 1:28 pm by Kristi L. Wolff and Jaclyn M. Metzinger
Barilla America, Inc., the Northern District of Illinois denied a motion to dismiss various state law consumer fraud and express warranty claims alleging that Barilla deceptively labeled its pasta sauces as containing no preservatives, even though the products contain the known preservative citric acid. [read post]
25 Jan 2022, 3:11 pm by Kevin LaCroix
  Two of the 2021 settlements were large enough to qualify for ISS SCAS’s list of the Top 100 securities class action lawsuit settlements of all time: Valeant Pharmaceuticals, Inc., $1.21 billion, which is the 9th largest of all time; and Snap, Inc. $187.5 million (inclusive of both federal and state settlements), which is the 97th largest settlement. [read post]
7 Jan 2022, 10:47 am by Brett Trout
Brett TroutSnap, Inc., the owners of Snapchat and Bitmoji, are also a the self-styled “camera” company, and have been selling augmented reality (AR) glasses under the name “Spectacles” since 2016. [read post]
5 Jan 2022, 4:00 am by Kari D. Boyle
This initiative designs tools that will support evaluation on an ongoing basis, rather than using a snap-shot approach. [read post]
14 Dec 2021, 2:00 pm by Kevin LaCroix
(Note: in July 2018 – almost three years after the shareholder class actions commenced – the company changed its name to Bausch Health Companies, Inc.) [read post]
5 Nov 2021, 3:40 am
In re Snap Inc., Serial Nos. 87177292 and 87211997 (November 3, 2021) [not precedential] (Opinion by Judge Michael B. [read post]
25 Oct 2021, 1:20 pm by Emily Dai
The committee will hear testimony from Jennifer Stout, vice president of global public policy at Snap Inc.; Michael Beckerman, vice president and head of public policy in the Americas at TikTok; and Leslie Miller, vice president of government affairs and public policy at YouTube. [read post]
24 Oct 2021, 4:17 pm by INFORRM
Shares in Snap Inc, owner of the social media site SnapChat, plunged on Friday and dragged down other ad-dependent tech firms, after the photo messaging app owner warned of a prolonged hit from Apple Inc’s privacy changes on iOS devices. [read post]