Legal action

Hagens Berman: Expanded Class-Action Lawsuit Against the NCAA Seeks Broader Damages for College Athletes Denied Name, Image and Likeness Rights

Retrieved on: 
Wednesday, July 28, 2021

We think its important for the court to be aware that the NCAA has abruptly changed its public stance on NIL rights.

Key Points: 
  • We think its important for the court to be aware that the NCAA has abruptly changed its public stance on NIL rights.
  • NCAA athletes are already reaping the benefits, which only makes our case stronger.
  • The NCAA has changed its tactics after college athletes won in Alston, and only then was the NCAA forced to make concessions.
  • The lawsuit seeks to hold the NCAA accountable to college athletes via injunction and damages for the NCAAs antitrust violations regulating the profits gained from the use of college athletes names, images and likenesses, specifically:
    An injunction voiding rules prohibiting compensation to college athletes for use of their name, image and likeness.

Statement of FTC Acting Bureau of Competition Director Maribeth Petrizzi on Bureau’s Motion to Dismiss Request for Preliminary Relief in Illumina/GRAIL Case

Retrieved on: 
Thursday, May 20, 2021

Acting Bureau of Competition Director Maribeth Petrizzi issued this statement on the Commissions action:

Key Points: 
  • Acting Bureau of Competition Director Maribeth Petrizzi issued this statement on the Commissions action:

    The FTC sought preliminary relief in federal court to prevent Illumina and GRAIL from merging while the case is being decided on the merits in administrative court.

  • At the time, a district court order was necessary to prevent the parties from consummating their merger.
  • Dismissing the complaint for Preliminary Injunction and Temporary Restraining Order when preliminary relief is no longer necessary would conserve FTC and judicial resources, Acting Director Petrizzi added.
  • The FTC filed an administrative complaint to block Illuminas $7.1 billion proposed acquisition of GRAIL on March 30, 2021.

Statement of FTC Acting Bureau of Competition Director Maribeth Petrizzi on Bureau’s Motion to Dismiss Request for Preliminary Relief in Illumina/GRAIL Case

Retrieved on: 
Thursday, May 20, 2021

Acting Bureau of Competition Director Maribeth Petrizzi issued this statement on the Commissions action:

Key Points: 
  • Acting Bureau of Competition Director Maribeth Petrizzi issued this statement on the Commissions action:

    The FTC sought preliminary relief in federal court to prevent Illumina and GRAIL from merging while the case is being decided on the merits in administrative court.

  • At the time, a district court order was necessary to prevent the parties from consummating their merger.
  • Dismissing the complaint for Preliminary Injunction and Temporary Restraining Order when preliminary relief is no longer necessary would conserve FTC and judicial resources, Acting Director Petrizzi added.
  • The FTC filed an administrative complaint to block Illuminas $7.1 billion proposed acquisition of GRAIL on March 30, 2021.

Educational Publishers Obtain Preliminary Injunction Against 77 Websites Illegally Selling Test Answers and Solutions Manuals

Retrieved on: 
Thursday, May 20, 2021

The test banks and solutions manuals are for teaching professionals' use and are not sold to students or made publicly available by the publishers.

Key Points: 
  • The test banks and solutions manuals are for teaching professionals' use and are not sold to students or made publicly available by the publishers.
  • The unauthorized sale of these materials not only violates the publishers' intellectual property rights but undermines academic integrity and pedagogy.
  • On the same date, the publishers obtained a Temporary Restraining Order that required the immediate shutdown of the infringing activity on the websites, as well as the cessation of services provided by intermediaries that support the websites.
  • Withthe Preliminary Injunction, that injunctive relief has now been extended through thedurationof the litigation.

Have You Suffered Losses Greater Than $100,000 Investing In Danimer Scientific? Kehoe Law Firm, P.C. Securities Class Action Investigation

Retrieved on: 
Monday, May 17, 2021

b'PHILADELPHIA, May 17, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C.

Key Points: 
  • b'PHILADELPHIA, May 17, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C.
  • Specifically, the Danimer Defendants, allegedly, made false and/or misleading statements and/or failed to disclose that (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations\xe2\x80\x99 size and regulatory compliance; (iii) the Danimer Defendants had overstated Nodax\xe2\x80\x99s biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company\xe2\x80\x99s public statements were materially false and misleading at all relevant times.\nINVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, DANIMER\xe2\x80\x99S SECURITIES DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\xe2\x80\x99S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT KEVIN CAULEY, DIRECTOR, CLIENT RELATIONS, (215) 792-6676, EXT.
  • 802, [email protected] , [email protected] , [email protected] , TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.\nKehoe Law Firm, P.C.
  • , with offices in New York and Philadelphia, is a multidisciplinary, plaintiff\xe2\x80\x93side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.\xc2\xa0 Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.\nThis press release may constitute attorney advertising.\n'

Luokung Announces Receipt of Nasdaq Notification Letter and a Request for Emergency Court Relief

Retrieved on: 
Friday, April 30, 2021

The Court will hold a hearing regarding this motion on May 3, 2021, after which the Court will decide whether to issue a preliminary injunction.

Key Points: 
  • The Court will hold a hearing regarding this motion on May 3, 2021, after which the Court will decide whether to issue a preliminary injunction.
  • The Company has notified the Court that, if it does not issue a preliminary injunction, the restrictions will go into effect on May 8, 2021.
  • However, the Company cannot predict when the Court will issue its decision or whether the Court will grant the motion.\nThis press release contains certain forward-looking statements.
  • As a result, you are cautioned not to rely on any forward-looking statements.\n'

Investors of Neptune Wellness Solutions With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C.

Retrieved on: 
Tuesday, March 16, 2021

is investigating potential securities claims on behalf of investors of Neptune Wellness Solutions Inc. (Neptune or the Company) ( NASDAQ: NEPT ) to determine whether the Company engaged in securities fraud or other unlawful business practices.

Key Points: 
  • is investigating potential securities claims on behalf of investors of Neptune Wellness Solutions Inc. (Neptune or the Company) ( NASDAQ: NEPT ) to determine whether the Company engaged in securities fraud or other unlawful business practices.
  • According to the class action complaint, throughout the Class Period, the Neptune Defendants made materially false and misleading statements regarding the Companys business, operational and compliance policies.
  • INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, NEPTUNE SECURITIES DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $50,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRMS SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT KEVIN CAULEY, DIRECTOR, CLIENT RELATIONS, (215) 792-6676, EXT.
  • Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

Luokung Announces Filing of Motion for Temporary Restraining Order Seeking To Enjoin the U.S. Government from Enforcing Executive Order Restrictions

Retrieved on: 
Monday, March 8, 2021

As part of that case, Luokung has filed a motion for temporary emergency relief asking the Court to enter a TRO and enjoin the application or enforcement of the prohibitions in EO 13959 as they apply to Luokung.

Key Points: 
  • As part of that case, Luokung has filed a motion for temporary emergency relief asking the Court to enter a TRO and enjoin the application or enforcement of the prohibitions in EO 13959 as they apply to Luokung.
  • Luokung's business is providing spatial-temporal big data processing technology that we are developing for use in such applications like autonomous driving in China.
  • Luokung looks forward to defending its and its U.S. shareholders' interests in the Court, but notes there is no guarantee that its claims will prevail.
  • Luokung is also seeking a declaration from the Court that General License 1A applies to Luokung, including as part of its TRO request to the Court.

Federal Court Awards $2.3 Billion to USS Pueblo Crew Members and Their Families in Terrorism Case Against North Korea

Retrieved on: 
Thursday, February 25, 2021

After more than 50 years, USS Pueblo crew members and their families are finally being recognized for what they have endured.

Key Points: 
  • After more than 50 years, USS Pueblo crew members and their families are finally being recognized for what they have endured.
  • A federal district court has awarded compensatory damages in the amount of $1.15 billion and additional punitive damages in the same amount.
  • Todays decision follows a 2019 default judgment that held North Korea liable for taking the crew hostage in 1968.
  • The damages awarded today are among the largest ever awarded in a state-sponsored terrorism case.

Have You Invested In bluebird bio, Inc.? - Class Action Lawsuit Filed On Behalf Of BLUE Investors – Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C.

Retrieved on: 
Monday, February 15, 2021

is investigating potential securities claims on behalf of investors of bluebird bio, Inc. (bluebird or the Company) ( NASDAQ: BLUE ) to determine whether the Company engaged in securities fraud or other unlawful business practices.

Key Points: 
  • is investigating potential securities claims on behalf of investors of bluebird bio, Inc. (bluebird or the Company) ( NASDAQ: BLUE ) to determine whether the Company engaged in securities fraud or other unlawful business practices.
  • INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, BLUEBIRD SECURITIES BETWEEN MAY 11, 2020 AND NOVEMBER 4, 2020, BOTH DATES INCLUSIVE (THE CLASS PERIOD), AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRMS SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT.
  • On February 12, 2021, a class action lawsuit was filed against bluebird in United States District Court, Eastern District of New York.
  • Throughout the Class Period, according to the class action complaint, the bluebird Defendants made materially false and misleading statements regarding the Companys business, operations, and compliance policies.