The settlement resolves a case that had been close to heading to trial, with jury selection scheduled to begin on Monday. However, at a September 17 hearing in California, US District Judge Jon Tigar postponed it until November. The social media platform’s former CEO Richard Costolo and former COO Antony Noto denied wrongdoing in agreeing […]
Eight years later, on Friday, Gangakhedkar was testifying at the criminal trial of her former employer, Elizabeth Holmes, the CEO and founder of Theranos Inc. Gangakhedkar’s testimony is so far the strongest testimony connecting Elizabeth Holmes’ actions to charges that she lied to investors and patients about the accuracy of Theranos’ blood-testing machines. Holmes has […]
On Wednesday, an unanimous three-judge panel of the 1st US Circuit Court of Appeals said it was ambiguous whether employee Margaret Benson’s attendance lapses were excusable under Walmart policy because they were a result of a pelvic injury which she sustained whilst working at the store. The panel said that a Maine district court judge […]
The SEC claims that, between 2017 and 2019, SHE Beverages Co raised over $15 million from more than 2,000 investors in unregistered stock sales by falsely touting its business plans and showcasing its success. The SEC says that the company overstated revenue, made deceptive claims that it had received takeover bids of up to $500 […]
Managed healthcare company Aetna Inc has been sued for allegedly discriminating against beneficiaries within the LGBTQ+ community by requiring them to pay more out of pocket for fertility treatments. In a proposed class action, plaintiff Emma Goidel claimed she and her spouse were forced to pay out nearly $45,000 for fertility treatments due to Aetna’s […]
Burnes Libman Law Group explore the question “what is a commercial vehicle?” When we think of the term “commercial vehicle”, 18 wheeler or semi-truck comes to mind. The shocking truth is the number of large trucks and buses in fatal crashes has increased by 48% from 2009 to 2018 and is continuing to grow every […]
Times may be tough, especially since the pandemic has negatively impacted many businesses. However, regardless of your situation, not paying employees or delaying payments is never a good decision. First, you are endangering the livelihood of your staff and their families. Plus, in many situations, the employee working for you may be the sole breadwinner. […]
However, Endo said that the settlement includes no admission of wrongdoing by Endo or its subsidiaries. The settlement will remove Endo from an ongoing trial in lawsuits by New York Attorney General Letitia James and Suffolk and Nassau counties, though claims against Teva Pharmaceutical Industries and AbbVie Inc remain unresolved. The deal, which excludes Dublin-based […]
Northwestern University had accused Mitsubishi of infringing patents related to collaborative robots that can safely interact with humans in a shared workspace. Northwestern University says its professors Michael Peshkin and Edward Colgate invented these collaborative robots, known as “cobots” for short. According to a court document filed on Tuesday, the university also settled related claims […]
Emerging investment advisory and wealth management firms often find themselves in a challenging position — on their “compliance heels” — when they begin operations or first become registered with the Securities and Exchange Commission. Below, Eugenie Warner discusses the obstacles facing these start-ups and offers three tips to help them add value for clients while meeting ever-greater regulatory demands.
Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.
We use cookies to ensure that we give you the best experience on our website. By continuing to use this site you consent to the use of cookies. Privacy PolicyOkI do not consent
