Legal Archives - Page 47 of 258

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Johnson & Johnson Shareholders’ Class Action Lawsuit Gets Nod from Federal Judge

January 2, 3:01 PM

A federal judge's ruling in Trenton, New Jersey, has paved the way for Johnson & Johnson (NYSE: JNJ) shareholders to collectively proceed with a lawsuit alleging the company concealed information about asbestos

JNJ

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E-Cigarette Maker Juul’s Financial Rescue Marred by Allegations Against Key Directors’ Self-Interest

By Vandana Singh

January 2, 2:57 PM

Two longstanding figures on Juul Labs Inc.'s board, Nick Pritzker and Riaz Valani, played pivotal roles in bailing out the troubled e-cigarette maker, ensuring the preservation of their equity investments while steering clear of liability in thousands of

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Setback Strikes Alabama’s Medical Cannabis Industry, Licenses On Hold Yet Again

By Jelena Martinovic

January 2, 12:33 PM

The issuance of licenses for medical cannabis businesses in Alabama has been temporarily halted by a judge. Montgomery Circuit Judge James Anderson issued a temporary restraining order on Thursday, preventing the Alabama Medical Cannabis Commission (AMCC) from granting licenses for dispensaries. The order followed a legal battle brought by a group of medical cannabis operators against the AMCC. The operators accused the commission of procedural violations and failing to follow its own grading and ranking guidelines when awarding licenses. The AMCC had previously granted 20 licenses for the production and distribution of medical marijuana on 1 December, part of an attempt to establish a medical cannabis industry in the state. However, Anderson's ruling upheld a request by Yellowhammer Medical Dispensaries to halt issuance of licenses in the dispensary category.

VRNOF

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McDonald’s Malaysia Takes Legal Action Against Israel Boycott Movement For Defamation: Report

By Shivani Kumaresan

January 2, 12:06 PM

Gerbang Alaf Restaurants Sdn Bhd (GAR), which is the licensee of McDonald's Corporation (NYSE: MCD) in Malaysia, has reportedly initiated a legal action against the Boycott, Divestment and Sanctions (BDS) Malaysia movement.

MCD

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Consulting Firm McKinsey Concludes Opioid Litigation Settlement With $78M Agreement

By Vandana Singh

January 2, 8:56 AM

Consulting giant McKinsey & Co, on Friday, agreed to a settlement of $78 million to resolve allegations tied to the opioid epidemic, as disclosed in federal court papers filed in San Francisco.

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$500M Lawsuit: Cannabis Payment Processor Accuses Global Payments Subsidiary Of Breach Of Contract

By Maureen Meehan

January 1, 3:33 PM

FP Omni Technologies, a Georgia-based company that has provided dispensaries and their customers with a compliant way to process legal cannabis transactions since 2020, is throwing in the towel.

GPN

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Mickey Mouse Goes Public: Disney Icon Enters Domain, Sparks Creative and Legal Buzz

By Anusuya Lahiri

December 29, 12:55 PM

Walt Disney Co (NYSE: DIS) faces a new era as Mickey Mouse,

DIS

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Alibaba Hit with Billion Yuan Fine: JD.com Triumphs in Landmark Monopoly Lawsuit

By Anusuya Lahiri

December 29, 10:48 AM

Alibaba Group Holding Limited (NYSE: BABA), along with Zhejiang Tmall Network Co and Zhejiang Tmall Technology Co, was fined 1 billion yuan ($140.68 million) for monopolistic practices, as ruled by the High People's Court of Beijing.

BABA