Legal Archives - Page 9 of 258

2 minute read

Biden Administration Urges Supreme Court Review in Terrorism Funding Lawsuit Against Pharma Companies

May 23, 2:00 PM

U.S. Supreme Court urged by Biden administration to reconsider terrorism funding ruling involving major pharmaceutical and medical equipment companies accused of supporting terrorism in Iraq.

AZN

2 minute read

Apple Supply Chain Includes ‘Blood Minerals’ From Congo: Lawyers

By Stjepan Kalinic

May 23, 11:52 AM

In an April notification to Apple CEO Tim Cook, the lawyers outlined concerns regarding this supply chain in the eastern DRC. They allege that armed groups are mining conflict minerals, including tin, tantalum, tungsten, and gold.

AAPL

2 minute read

US DOJ Sues Ticketmaster Parent In New Antitrust Suit, Live Nation Responds: ‘It Ignores Everything That Is Actually Responsible’

By Adam Eckert

May 23, 11:51 AM

Live Nation shares traded down in early trading on reports suggesting the DOJ and a group of states were preparing to file an antitrust lawsuit against the entertainment giant. The lawsuit has now officially been filed.

LYV

2 minute read

Johnson & Johnson’s Bankruptcy Tactics Are Fraudulent, Plaintiffs Accuse Company Of Defrauding Cancer Victims

By Vandana Singh

May 23, 11:26 AM

Cancer victims have filed a lawsuit against Johnson & Johnson, accusing the company of fraudulently using a shell company's bankruptcy to evade lawsuits. The plaintiffs claim the "Texas two-step" maneuver was designed to protect J&J's assets from litigation.

JNJ

1 minute read

Legal
News

Live Nation Issues Statement Regarding The DOJ Lawsuit

By Benzinga Newsdesk

May 23, 10:54 AM

https://www.livenationentertainment.com/2024/05/breaking-down-the-doj-lawsuit/THIS LAWSUIT AGAINST LIVE NATION AND TICKETMASTER WON'T REDUCE TICKET PRICES OR SERVICE FEES.THERE IS MORE COMPETITION THAN EVER IN THE LIVE

LYV

1 minute read

Exxon Wins Round One in Lawsuit Against Climate Activist Investor: Report

By Lekha Gupta

May 23, 9:06 AM

US judge allows Exxon's lawsuit against activist shareholder group seeking to bar climate resolution, raising concerns about stifling debate.

IYE

1 minute read

Legal
News

‘DOJ To Announce Antitrust Action Against Live Nation As Soon As Thursday’ – WashingtonPost

By Benzinga Newsdesk

May 22, 6:44 PM

https://www.washingtonpost.com/business/2024/05/22/live-nation-doj-antitrust/he Ticketmaster parent company also owns concert venues and promotes showsThe Justice Department plans to announce an antitrust enforcement

LYV

3 minute read

$514M Tax Breaks Await This Marijuana Company With Rescheduling, Market Cap Set To Soar

By Nicolas Jose Rodriguez

May 22, 3:27 PM

Jushi Holdings Inc. (OTC: JUSHF) is poised for substantial growth with potential adult-use cannabis legalization in Ohio and Pennsylvania as well as continuous expansion in Virginia’s medical market.

CURLF

2 minute read

Hawaii Court Rules Against Bristol Myers, Sanofi In Blood Clot Drug Case, Increases Liability To $916M

By Vandana Singh

May 22, 1:25 PM

A Hawaii judge has ordered Bristol Myers Squibb and Sanofi to pay $916 million for not warning non-white patients about the health risks of their blood thinner Plavix. The ruling follows a previous $834 million judgment

BMY

3 minute read

Cannabis Rescheduling Signals Strong Returns, Tax Breaks Could Increase This Stock’s Market Cap By 170%

By Nicolas Jose Rodriguez

May 22, 12:50 PM

According to a recent report by Pablo Zuanic of Zuanic & Associates, MariMed (OTC: MRMD) a multi-state cannabis operator (MSO) is positioned for significant stock gains.

MRMD