Legal Archives - Page 7 of 258

2 minute read

Boeing Busted For Stealing Trade Secrets? Jury Awards $72M To Electric Aircraft Startup, Troubled Planemaker To Contest Judgment

June 3, 3:17 AM

The jury awarded $72 million to Zunum after agreeing Boeing copied the startup's tech and drove it out of the market after investing in the company.

2 minute read

Getty Images Takeover Bid Was ‘Old-Fashioned Pump-And-Dump Scheme,’ Finds SEC: Massachusetts Man Pleads Guilty

By Anan Ashraf

June 1, 4:36 AM

SEC charged Robert Scott Murray and Trillium Capital LLC with fraud for manipulating Getty Images' stock price through false buyout offers, leading to criminal charges and penalties.

GETY

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Elon Musk Faces $7.5B Insider Trading Allegation From Tesla Shareholder

By Anan Ashraf

May 31, 11:52 PM

Tesla Inc. shareholder Michael Perry on Thursday filed a lawsuit against Elon Musk alleging insider trading when the CEO sold shares worth over $7.5 billion in the last two months of 2022.

TSLA

2 minute read

Novartis Sues to Block Maryland’s New Drug Discount Law

By Vandana Singh

May 31, 2:12 PM

Novartis has filed a lawsuit to block a Maryland law requiring drugmakers to offer discounts on drugs through third-party pharmacies contracting with hospitals and clinics.

NVS

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Novo Nordisk Sues Additional US Clinics Against Fake Semaglutide Products Used For Weight Loss, Diabetes

By Vandana Singh

May 31, 2:08 PM

Novo Nordisk has filed lawsuits against nine additional U.S. medical spas, wellness clinics, and pharmacies for selling impure or falsely labeled semaglutide products.

LLY

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Hush Money Trial Done By ‘Biden And His People,’ Trump Says Without Proof: ‘It Was A Rigged Trial’

By Chris Katje

May 31, 11:18 AM

Donald Trump said the hush money trial was rigged after being found guilty on all 34 counts.

DJT

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ConocoPhillips Squeeze: Trinidad Court Reportedly OKs $1.3B Claim Against Venezuela

By Lekha Gupta

May 31, 6:10 AM

ConocoPhillips has reportedly won the right to enforce a $1.33 billion claim against Venezuela for past expropriations. They are also involved in a court case to recover money owed for the expropriation of their assets.

3 minute read

Trump Proclaims Innocence After Guilty Verdict On All 34 Counts In Criminal Trial: ‘Real Verdict Will Be Nov. 5 By The People’

By Chris Katje

May 30, 6:25 PM

Donald Trump and several of his supporters have spoke out about the guilty verdict reached in his criminal trial.

DJT

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Trump Found Guilty On All 34 Counts In Hush Money Criminal Trial: Here’s What Happens Next

By Chris Katje

May 30, 5:14 PM

Here is the final verdict in the criminal trial against former President Donald Trump related to falsified business records and what comes next.

DJT

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Medical Marijuana Giant Trulieve Resolves Legal Dispute In Ohio As Recreational Cannabis Rules Go Into Effect

By Jelena Martinovic

May 30, 2:41 PM

As rules to guide recreational marijuana program in Ohio are taking effect these days, Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) opted to resolve its legal dispute with Harvest of Ohio LLC that's been ongoing for nearly a year.

CSE:TRUL