On Monday, Theranos founder and former CEO Elizabeth Holmes testified that she was abused by her former romantic partner and Theranos executive Ramesh Balwani. She said the relationship had a pervasive impact on her during the period when she is accused of committing fraud. There were moments during Holmes’ fourth day on stand when she […]
The lawsuit was filed in a Manhattan federal court last Wednesday, almost three months after Peloton launched its apparel brand. The launch marked an “amicable” end to a five-year co-branding partnership between the two companies. Peloton has said that Lululemon’s claims that five of its bra and legging products infringed six Lululemon design patents lack […]
Richard Cannon, partner at Stokoe Partnership, takes a look at the SFO's handling of the Amec Bribery Case. The SFO recently dropped its investigation into individuals being investigated for allegedly being involved in bribery at Amec Foster Wheeler Plc. Amec’s new parent company had agreed to a $177 million global agreement in June 2021. The […]
A Competent Authority Agreement (CAA) between the UK and US was published on 28 July. The CAA confirms that despite the UK no longer being a member state of the EU, it will be treated as such for the purposes of applying paragraph 7(d) of Article 23 of the UK/US double taxation agreement (DTA). The […]
Mitchell Kossoff, a New York real estate lawyer accused by creditors of misusing client funds, has reached a plea agreement and is expected to surrender for arrest next month.
The move marks a sharp U-turn for Apple and emphasises the growing concern among tech companies about the proliferation of attacks on customers. Apple had previously downplayed the threat by the spyware. In its complaint, Apple alleges that NSO’s Pegasus had been used to “attack a small number of Apple users worldwide with malicious malware […]
Jurors in Cleveland federal court concluded that actions by the pharmacies led to an oversupply of addictive painkiller drugs and thus the diversion of those drugs to the black market. Mark Lanier, a lawyer for the two Ohio counties, has labelled the verdict a “landmark decision” that will pave the way for the counties to […]
DoorDash will pay approximately $5.3 million under the agreement, with the bulk of the money going to the firm’s delivery workers, San Francisco City Attorney David Chiu said in a statement. Out of the $5.3 million, almost $5.1 million will go to the nearly 4,500 DoorDash workers who made deliveries in the city between 2016 […]
Holmes is accused of making false claims about Theranos, including that its blood-testing devices could run a wide range of diagnostic tests more quickly and accurately than conventional laboratory testing with just a finger prick of blood. Stepping forward to testify on Friday, Holmes said that her work at Theranos led her to believe in […]
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