United States district court

FTC Obtains $195 Million Judgment, Permanent Ban on Telemarketing and Selling Healthcare Products Against Simple Health Over Charges It Sold Sham Health Insurance

Retrieved on: 
Friday, February 9, 2024

In granting the FTC’s motion for summary judgment, the Federal District Court in the Southern District of Florida also banned Simple Health, five related entities and Dorfman from telemarketing and from marketing, promoting, selling or offering any healthcare products.

Key Points: 
  • In granting the FTC’s motion for summary judgment, the Federal District Court in the Southern District of Florida also banned Simple Health, five related entities and Dorfman from telemarketing and from marketing, promoting, selling or offering any healthcare products.
  • “Simple Health preyed on consumers by selling them bogus health care insurance that cost them thousands of dollars for ‘benefits’ that in fact left consumers unprotected,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • The court found that Dorfman and Simple Health, along with Health Benefits One LLC, Health Center Management LLC, Innovative Customer Care LLC, Simple Insurance Leads LLC, and Senior Benefits One LLC violated the FTC Act and the agency’s Telemarketing Sales Rule.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Belgravia Hartford Provides Legal Update

Retrieved on: 
Friday, February 9, 2024

Toronto, Ontario--(Newsfile Corp. - February 9, 2024) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) ("Belgravia Hartford", "Belgravia" or the "Company") is providing an update on the litigation vs PolyNatura Corp. in United States District Court for the District of New Mexico Case No.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - February 9, 2024) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) ("Belgravia Hartford", "Belgravia" or the "Company") is providing an update on the litigation vs PolyNatura Corp. in United States District Court for the District of New Mexico Case No.
  • Belgravia is seeking to recover $12.2M USD plus additional damages arising from breaches of the Royalty Agreement it signed in 2017 with Cartesian Capital LLP.
  • January 11, 2024, Magistrate Judge Jerry H. Ritter entered a Memorandum Opinion and Order Denying PolyNatura's Request to Stay Discovery.
  • This is an important step for Belgravia as it overruled PolyNatura's request to halt depositions.

BioVie Sued By Block & Leviton LLP for Securities Law Violations

Retrieved on: 
Wednesday, February 7, 2024

BOSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) --  Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against BioVie, Inc. (NASDAQ: BIVI) and certain of its executives, for securities fraud.

Key Points: 
  • BOSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) --  Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against BioVie, Inc. (NASDAQ: BIVI) and certain of its executives, for securities fraud.
  • The complaint was brought in United States District Court for the District of Nevada and is captioned Olmstead v. BioVie, Inc., et al., No.
  • 3:24-cv-00035 (D. Nev.) and is brought on behalf of investors that incurred damages on their purchases in BioVie, Inc. securities between August 5, 2021 and November 29, 2023, inclusive.
  • Block & Leviton is widely regarded as one of the leading securities class action firms in the country.

Greenberg Traurig Adds Veteran Intellectual Property Litigator David Magee to Growing Boston Office

Retrieved on: 
Monday, February 5, 2024

BOSTON, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP expands its Intellectual Property (IP) & Technology and IP Litigation practices with the addition of David Magee as a shareholder in Boston. With over two decades of experience, Magee is an experienced commercial attorney with a particular emphasis on representing technology and life science clients in IP matters, including patent litigation, licensing, and counseling.

Key Points: 
  • Global law firm Greenberg Traurig, LLP expands its Intellectual Property (IP) & Technology and IP Litigation practices with the addition of David Magee as a shareholder in Boston.
  • BOSTON, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP expands its Intellectual Property (IP) & Technology and IP Litigation practices with the addition of David Magee as a shareholder in Boston .
  • "Greenberg Traurig's award-winning IP practice has a reputation as one of the premier practices in the country," Magee said.
  • Prior to joining Greenberg Traurig, Magee was in private practice at another Boston area law firm.

Carl Zeiss Meditec AG Reaches Favorable Legal Settlement with Topcon

Retrieved on: 
Thursday, February 1, 2024

DUBLIN, Calif., Feb. 1, 2024 /PRNewswire/ -- Carl Zeiss Meditec AG announced today that it has reached a favorable resolution with Topcon to settle its lawsuit against the Japanese company's U.S.-based subsidiaries that had been pending in U.S. federal court for the Northern District of California. The settlement reinforces the protection of ZEISS's trade secrets and restores a level playing field for fair competition. The lawsuit asserted that Topcon had illicitly obtained stolen ZEISS files that included highly confidential information. Previously, the court had issued a preliminary injunction against Topcon, and more recently denied Topcon's motion for summary judgment on ZEISS's claims of trade secret misappropriation. Jury trial had been set to begin in February 2024.

Key Points: 
  • Landmark legal settlement protects customers, patients and the company's extensive digital innovation in ophthalmology
    DUBLIN, Calif., Feb. 1, 2024 /PRNewswire/ -- Carl Zeiss Meditec AG announced today that it has reached a favorable resolution with Topcon to settle its lawsuit against the Japanese company's U.S.-based subsidiaries that had been pending in U.S. federal court for the Northern District of California.
  • The lawsuit asserted that Topcon had illicitly obtained stolen ZEISS files that included highly confidential information.
  • According to the lawsuit filed by Carl Zeiss Meditec AG's U.S. subsidiary, beginning in 2018 Topcon illegally obtained stolen ZEISS files.
  • The case is Carl Zeiss Meditec, Inc. v. Topcon Medical Systems, Inc., Topcon Healthcare Solutions, Inc., et al., United States District Court, Northern District of California, Oakland Division (case no.

Archer-Daniels-Midland Sued By Block & Leviton LLP for Securities Law Violations

Retrieved on: 
Wednesday, January 24, 2024

BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against Archer-Daniels-Midland Company (NYSE: ADM) and certain of its executives, for securities fraud.

Key Points: 
  • BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against Archer-Daniels-Midland Company (NYSE: ADM) and certain of its executives, for securities fraud.
  • A class has not yet been certified, and until certification occurs, you are not represented by an attorney.
  • Block & Leviton is widely regarded as one of the leading securities class action firms in the country.
  • You can learn more about us at our website, www.blockleviton.com , or call (617) 398-5600 or email [email protected] with any questions.

BioVie Sued By Block & Leviton LLP for Securities Law Violations

Retrieved on: 
Saturday, January 20, 2024

BOSTON, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against BioVie, Inc. (NASDAQ: BIVI) and certain of its executives, for securities fraud.

Key Points: 
  • BOSTON, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against BioVie, Inc. (NASDAQ: BIVI) and certain of its executives, for securities fraud.
  • The complaint was brought in United States District Court for the District of Nevada and is captioned Olmstead v. BioVie, Inc., et al., No.
  • 3:24-cv-00035 (D. Nev.) and is brought on behalf of investors that incurred damages on their purchases in BioVie, Inc. securities between August 5, 2021 and November 29, 2023, inclusive.
  • Block & Leviton is widely regarded as one of the leading securities class action firms in the country.

Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution

Retrieved on: 
Friday, January 26, 2024

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

U. S. Steel Reaches Agreement for Clairton Plant Incidents; Includes Significant Funding to Support Local Communities

Retrieved on: 
Friday, January 26, 2024

We regret that these accidental incidents occurred and believe this Consent Decree greatly benefits Mon Valley communities.

Key Points: 
  • We regret that these accidental incidents occurred and believe this Consent Decree greatly benefits Mon Valley communities.
  • Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
  • Permanently idle Battery #15 at Mon Valley Works - Clairton Plant, which has been on hot idle.
  • U. S. Steel also agreed to a lower hydrogen sulfide limit in coke oven gas and other environmentally beneficial changes to facilities at the Clairton Plant.

Novo Integrated Sciences Reports Fiscal Year 2024 First Quarter Financial Results

Retrieved on: 
Monday, January 22, 2024

Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of multiple patient and consumer touchpoints for services and product innovation, today reported its financial results for the first fiscal quarter ended November 30, 2023.

Key Points: 
  • Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of multiple patient and consumer touchpoints for services and product innovation, today reported its financial results for the first fiscal quarter ended November 30, 2023.
  • Revenues were $3,891,218, representing an increase of $471,938, or 14%, from $3,419,280 for the same period in 2022.
  • Revenue from our healthcare services increased by 1.2% when comparing the revenue for the same period in 2022.
  • Upon closing of the acquisition of the Ophir Collection, the Company intends to monetize the Ophir Collection.