Legal Archives - Page 13 of 258

1 minute read

Indian Rival Meril Accuses Edwards Lifesciences Of Anti-Competitive Behavior In EU Antitrust Complaint

May 14, 2:33 PM

Edwards Lifesciences faces EU antitrust complaint from Meril over patent disputes, intensifying regulatory scrutiny. Recent actions aim to ensure fair competition, affordability, as Meril alleges patent abuses and obstruction to innovation.

2 minute read

Tesla Sued In California For Environmental Violations

By Shivani Kumaresan

May 14, 2:28 PM

Tesla Inc (NASDAQ:TSLA) faces mounting legal woes as an environmental nonprofit, the Environmental Democracy Project, files a lawsuit alleging violations of the Clean Air Act. The suit accuses Tesla's Fremont plant of emitting harmful pollutants, endangering residents and workers. With potential fines of up to $121,275 per day per violation, Tesla's regulatory challenges escalate amid increased scrutiny over its environmental practices.

FDIS

2 minute read

Philips Sues SoClean Alleging Ozone Exposure Risks Over Injuries Related To Breathing Devices

By Vandana Singh

May 14, 1:44 PM

Legal battle ensues between Philips and SoClean post $1.1 billion settlement over CPAP device recall. Lawsuit alleges SoClean's ozone exposure led to injuries. Philips targets DWHP, alleging SoClean as an "alter ego." FDA warns against ozone cleaners.

PHG

1 minute read

Scilex Holding Announce Final Court Approval Settlement Agreement With Takeda Pharmaceuticals To Resolve The Paragraph IV Patent Infringement Lawsuit

By Benzinga Newsdesk

May 14, 9:03 AM

Scilex Holding Company (NASDAQ:SCLX, "Scilex" or "Company")))), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute

SCLX

3 minute read

“Fat Brands, Chair Andy Wiederhorn Indicted In $47M ‘Sham’ Loan Scheme” – CNBC

By Benzinga Newsdesk

May 10, 11:44 AM

https://www.cnbc.com/2024/05/10/fat-brands-chair-andy-wiederhorn-indicted-in-47-million-loan-scheme.html#:~:text=Fat%20Brands%20and%20its%20chair,Exchange%20Commission%20was%20investigating%20him. Fat Brands and its

FAT

2 minute read

Australia Calls For Inquiry Into Meta’s Facebook, Elon Musk’s X, TikTok To ‘Make These Platforms Accountable For Their Decisions’

By Benzinga Neuro

May 9, 11:45 PM

The Australian government has expressed concerns over the lack of regulation and oversight on social media platforms, which have a significant impact on the content viewed by Australians. The inquiry will specifically focus on the platforms' handling of violent content and their withdrawal from paying for news in Australia.

Earlier Reported, “Trump Media Investor Convicted Of Insider Trading, Helped Others Make $22M Before Merger” – NY Post

By Benzinga Newsdesk

May 9, 8:31 PM

Trump Media investor Bruce Garelick convicted of insider trading (nypost.com) A financial executive was convicted Thursday of enabling his boss and others to make over $22 million illegally by trading off his tips

DJT

2 minute read

Tesla Cybertrucks Stopped At Border On Suspicion Of Being Smuggled Into Russia: Report

By Chris Katje

May 9, 7:05 PM

Two Cybertrucks were blocked from entering Russia by Lithuanian customs officials. The vehicles are believed to have been heading to Russia.

TSLA

3 minute read

TILT Holdings’ Bold Financing Move: How This Cannabis Company’s Escalating Interest Rates Impact Its PA Operations

By Nicolas Jose Rodriguez

May 9, 5:19 PM

TILT Holdings Inc. (OTC: TLLTF) has secured a financing arrangement with an experienced retail operator for its subsidiary, Standard Farms, to expand in Pennsylvania.

TLLTF

4 minute read

Google Stares Down Largest Tech Antitrust Ruling In 2 Decades — Is AT&T-Style Breakup Next?

By Natan Ponieman

May 9, 2:21 PM

Closing arguments in largest antitrust trial against Google have ended, awaiting ruling from Judge Amit Mehta that could change big tech industry.

AAPL