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Ex-MoviePass Executives Win Dismissal of Some SEC Claims in Material Misstatements Suit
MoviePass enjoyed a spike in popularity among movie fans around 2017, when it was acquired by the publicly traded consumer technology-focused company Helios and Matheson Analytics Inc. and lowered its price for its subscription to $9.95 per month.
Major Pension Funds Are Going After Fox for Election Coverage Accountability
There are more than a dozen institutional shareholders and a handful of individuals who are pursuing claims against Fox and its directors in the Delaware court
Here's Why a Delaware Judge Says TransPerfect's 14th Deal-Protesting Case Should Be Dismissed
Martin Russo, an attorney for TransPerfect, said he believes U.S. Magistrate Judge Jennifer L. Hall took months to come to an "erroneous reasoning" because TransPerfect had the better arguments on the merits.
Report on Lead Cables Sparks Litigation Surge Against Verizon—and Other Companies Could Be Next
The lawsuits draw on reporting from the Wall Street Journal asserting that lead-sheathed cables that various telecom companies inherited from Bell System are leaching lead into the environment.
LifeWallet Intends to Fight Nasdaq Delisting With Reverse Stock Split as Shares Trade Below 10 Cents
The company, founded by plaintiffs lawyer John Ruiz, received notice this week of an impending delisting determination due to its low stock price, according to a Friday afternoon SEC filing.
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District of Columbia Legal Malpractice Law 2024
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iRobot Board Accused of Underselling Company to Amazon for Personal Gain
"While they initially agreed to sell the company for $61 per share, less than a year later they hastily acceded to Amazon's demand to reduce the price to $51.75 per share, which represents a mere 2% premium to iRobot's hugely depressed trading price in August 2022, before Amazon's proposal," the complaint said.
Nikola Oversight 'in Shambles' With Convicted Founder's Fraud, Newest Derivative Suit Claims
The complaint brings breach of fiduciary duty, unjust enrichment and contribution and indemnification claims against current and former Nikola management.
Will Cahill's Brand Save It From the Modern Big Law Environment?
The firm is smaller in partnership than most of its peers and lacks extensive practice diversification. "Is there a place for a 400-person firm in Big Law?" said an Am Law 50 chair.
Facing Falling Profits, Cahill Seeks to Adjust Amid Drop in Leveraged Finance Market
This slowdown "is the longest since leveraged finance has been around," said Cahill executive committee co-chair William Hartnett.
Former NFT Exchange Employee Sentenced to Three Months in Prison in First-of-Its-Kind Case
U.S. District Judge Jesse Furman said he saw a need for a sentence that amounted to "more than a slap on the wrist" in the case.TRENDING STORIES
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