United States District Court for the District of New Jersey

Riot Announces August 2023 Production and Operations Updates

Retrieved on: 
Wednesday, September 6, 2023

⁵ The Company discloses this figure in its monthly updates if it exceeds $1 million for the current month.

Key Points: 
  • ⁵ The Company discloses this figure in its monthly updates if it exceeds $1 million for the current month.
  • ⁶ Power Credits and Demand Response Credits for July and August 2023 are estimates.
  • “August was a landmark month for Riot in showcasing the benefits of our unique power strategy,” said Jason Les, CEO of Riot.
  • Riot is pleased to announce that on August 25, 2023, the New Jersey District Court dismissed Creighton Takata’s shareholder class action against Riot with prejudice resulting in the final dismissal of all claims.

Aquestive Therapeutics Reports First Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Tuesday, May 2, 2023

“Our first quarter 2023 results continue to drive the Company towards important upcoming inflection points,” said Daniel Barber, Chief Executive Officer of Aquestive.

Key Points: 
  • “Our first quarter 2023 results continue to drive the Company towards important upcoming inflection points,” said Daniel Barber, Chief Executive Officer of Aquestive.
  • Total reported revenues were $11.1 million in the first quarter 2023, compared to $12.3 million in the first quarter 2022.
  • Non-GAAP Adjusted EBITDA loss was $3.9 million in the first quarter 2023, compared to an adjusted EBITDA loss of $8.1 million in the first quarter of 2022.
  • Aquestive is updating its full-year 2023 financial guidance based on first quarter results and updated outlook for the remainder of 2023.

HEALTHIER CHOICES MANAGEMENT CORP. ANNOUNCES SUCCESS IN ITS APPEALS OF THE RULINGS IN PATENT INFRINGEMENT ACTION AGAINST PHILIP MORRIS

Retrieved on: 
Wednesday, April 12, 2023

In the first appeal, HCMC appealed the ruling of the District Court dismissing HCMC’s patent infringement action and denying HCMC’s motion to amend its pleading.

Key Points: 
  • In the first appeal, HCMC appealed the ruling of the District Court dismissing HCMC’s patent infringement action and denying HCMC’s motion to amend its pleading.
  • In the second appeal, HCMC appealed the District Court’s award of attorneys’ fees to Philip Morris.
  • We are looking forward to having our day in court.”
    The case is Healthier Choices Management Corp., v. Philip Morris USA, Inc., Philip Morris Products S.A., case no.
  • The full opinion of the U.S. Court of Appeals for the Federal Circuit can be found on HCMC’s website at https://www.healthiercmc.com/s/2023-04-12_HCMC_v_PM_Appellate_Decision.pdf

Seoul Semiconductor Files Patent Infringement Lawsuits Against Philips TV and Filament LED Bulbs in Europe and U.S.

Retrieved on: 
Friday, April 29, 2022

Seoul also sought a recall of infringing products as well as the destruction of those products in the German case.

Key Points: 
  • Seoul also sought a recall of infringing products as well as the destruction of those products in the German case.
  • In these lawsuits, Seouls patents cover phosphor technology for high-quality color gamut and WICOP technology.
  • Seoul has already successfully obtained permanent injunctions against various infringing products several times in Europe and the U.S.
  • Seoul Semiconductor is the worlds second-largest global LED manufacturer, a ranking excluding the captive market, and has more than 10,000 patents.

Freshpet, Inc. Settles Shareholder Derivative Litigation

Retrieved on: 
Friday, May 22, 2020

In exchange for dismissing and releasing the Released Claims against the Defendants, the proposed Settlement requires the Company to adopt and continue certain corporate governance measures and procedures, as outlined in Exhibit A to the Stipulation.

Key Points: 
  • In exchange for dismissing and releasing the Released Claims against the Defendants, the proposed Settlement requires the Company to adopt and continue certain corporate governance measures and procedures, as outlined in Exhibit A to the Stipulation.
  • This notice is a summary only and does not describe all of the details of the Stipulation.
  • The objector must file such objections and supporting documentation with the Clerks Office, U.S. District Court for the District of New Jersey, Martin Luther King Building & U.S.
  • Courthouse, 50 Walnut Street, Newark, NJ 07102 not later than fourteen (14) days prior to the Settlement Hearing, and, by the same date, copies of all such papers must also be received by each of the following persons: