Teva Pharmaceutical Industries on Wednesday agreed to pay Nevada $193 million to settle claims that its marketing practices fueled opioid addiction, the state announced.
Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S. regulators alleging crypto platforms Coinbase and Binance violated the law by failing to register as a securities exchange, broker and clearing agency.
– Barber Ranen changed its name after the publication of racist, antisemitic, homophobic and violently misogynistic emails written by its founding partners John Barber and Jeffrey Ranen prompted their exit.
– Davis Polk & Wardwell is the latest law firm to adopt a 4-day office work-week for its lawyers.
– Freshfields Bruckhaus Deringer hired former Weil, Gotshal & Manges partner Damian Ridealgh in its U.S. finance practice in New York.
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E-commerce company Shopify on Monday asked a federal judge in West Texas to force a patent owner suing it for infringement to reveal its financial backers, arguing the disclosures are necessary to prevent potential conflicts of interest.
Law firm Davis Wright Tremaine on Tuesday was denied a bid to seek more than $306,000 in legal fees, after a California federal judge found the effort was "untimely" based on a deadline that had long passed.
Acting U.S. Labor Secretary Julie Su, whose nomination for the permanent job has stalled, pushed back on Wednesday against Republican lawmakers' pointed attacks on a slew of issues including her agency's response to reports of rampant child labor violations involving young migrants.
Coinbase Chief Executive Brian Armstrong on Wednesday hit back at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler over the agency's lawsuit against the crypto exchange, calling him an "outlier," while also reassuring customers that their funds were safe.
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