US District Judge Edward Chen has ruled that Tesla CEO Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit that claims he defrauded Tesla shareholders by tweeting about taking his EV company private back in 2018. Judge Chen agreed with Musk and Tesla that the proposed temporary restraining […]
On Tuesday, US law firm Boies Schiller Flexner announced it has added a partner to its international arbitration group in London. The hire follows the departure of London leader Natasha Harrison who moved on to establish a rival firm. Timothy Foden is the first partner to join Boies Schiller’s London office since Harrison’s January departure. […]
On Monday, Johnson & Johnson announced it had agreed to pay $99 million to settle claims by West Virginia that it had contributed to an opioid addiction crisis in the US state. The settlement removes Johnson & Johnson from an ongoing trial that commenced earlier this month. Johnson & Johnson did not admit liability or […]
In San Francisco on Wednesday, US District Judge William Orrick ruled Tesla Inc was liable to a Black former employee who said the EV company ignored racial abuse at the factory where he worked. However, the judge reduced a nearly $137 million jury award to just $15 million. Judge Orrick made his decision after jurors […]
If you are opening a trucking company, you are probably up to your ears in permit applications. Trucking is a highly regulated industry, and managing all the permits you will need is a full-time job in itself. According to Simplex Group, there are certain circumstances where you will need an oversized load permit. A load […]
The complaint, filed on behalf of investor Marc Bain Rasella, accuses Musk of violating a regulatory deadline to disclose his stake in Twitter when it was at least 5%. Instead, Musk allegedly announced details of his Twitter shares only after they almost doubled. Under US Securities law, investors are required to disclose their shares within […]
A jury trial accusing Walgreens Boots Alliance of contributing to Florida’s opioid crisis began on Monday after the pharmacy store chain decided not to join a multimillion-dollar settlement by other defendants. Florida claims that Walgreens acted with poor oversight in its dispersal and distribution of opioids across the state and allowed the drugs to be […]
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