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Tesla Wins Chancery Suit Dismissal After Move To Texas
By Sarah Jarvis
A consolidated Delaware Chancery Court suit leveling breach of fiduciary duty claims against Elon Musk and Tesla Inc. directors belongs in Texas, a vice chancellor said Monday, finding that a forum selection bylaw applies retroactively even though the conduct at issue occurred before the company reincorporated in the Lone Star State.
Order attached |
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Citron's 'Shadowy Gang' Sued Over Short Selling Campaign
By Katryna Perera
Shareholders of PolarityTE have alleged in a new suit that "members of a shadowy gang of short sellers" conspired to short the biotechnology company's stock through targeted negative media attacks with Citron Research to enrich themselves at the expense of the shareholders, and that they ultimately caused the company's bankruptcy.
Complaint attached |
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Morgan & Morgan Sued Over Firing Amid Nevada Expansion
By Emily Sawicki
Personal injury titan Morgan & Morgan is facing allegations from a former firm attorney in California state court alleging the Golden State lawyer was pressured to file suits in neighboring Nevada despite having an inactive law license and no experience practicing there, and was then harassed and wrongfully fired over the filings.
Complaint attached |
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