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Iowa Appeals Schwab Antitrust Deal After Objections
By Sarah Jarvis
Iowa's attorney general has appealed to the Fifth Circuit a Texas federal judge's final approval of a settlement ending an antitrust class action suit over The Charles Schwab Corp.'s merger with TD Ameritrade, following the Hawkeye State's previous objection claiming the deal offered class members insufficient relief.
Notice attached |
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PRODUCT LIABILITY
CYBERSECURITY & PRIVACY
CONSUMER PROTECTION
IP & TECHNOLOGY
AstraZeneca Unit Ducks Patent Fraud, Not Sham Suit Claims
By Bryan Koenig
A Massachusetts federal judge spared AstraZeneca unit Alexion on Friday from half of a nonprofit insurer's proposed class action, finding the plaintiff too far removed from anticompetitive patent fraud that allegedly propped up blood disorder treatment Soliris, while preserving accusations that Alexion brought sham infringement allegations against would-be rivals.
Opinion attached |
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IMMIGRATION
SPORTS & BETTING
COMPLIANCE
PEOPLE
EXPERT ANALYSIS
LEGAL INDUSTRY
Catching Up With Delaware's Chancery Court
By Jeff Montgomery
Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.
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