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Patent Partner Moves From King & Spalding To Steptoe
by Gunnar Larson 30 Oct '24

30 Oct '24

Patent Partner Moves From King & Spalding To Steptoe <https://www.law360.com/competition/articles/2253445?nl_pk=6416fd97-1dc4-4e0…> By Adam Lidgett A former King & Spalding LLP partner has made the jump to Steptoe LLP, filling out the firm's team of California-based litigators who take on patent cases. Read full article » <https://www.law360.com/competition/articles/2253445?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/2253445?nl_pk=6416fd97-1dc4-4e0…>

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Senate Panel Targets 'Clever' Pharma Pricing
by Gunnar Larson 30 Oct '24

30 Oct '24

Senate Panel Targets 'Clever' Pharma Pricing <https://www.law360.com/competition/articles/2062462?nl_pk=6416fd97-1dc4-4e0…> By Mark Payne The Senate Judiciary Committee on Tuesday railed against drugmakers and pharmacy benefit managers for allegedly causing the high cost of prescription drugs, arguing that "Big Pharma" has used anticompetitive tactics through patenting to fleece American patients. Read full article » <https://www.law360.com/competition/articles/2062462?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/2062462?nl_pk=6416fd97-1dc4-4e0…>

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Circuit Judge Rips Atty's 'Unearned Windfall' In Liability Case
by Gunnar Larson 30 Oct '24

30 Oct '24

Circuit Judge Rips Atty's 'Unearned Windfall' In Liability Case <https://www.law360.com/capitalmarkets/articles/2252984?nl_pk=abe82add-2a33-…> By Rose Krebs Although the Sixth Circuit has affirmed a decision awarding roughly $353,000 to a Texas attorney in a decadelong fee dispute over his representation of a client in a product liability case, one circuit judge expressed "extreme disapproval" over the lawyer's conduct in the matter. Decision attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2252984?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2252984?nl_pk=abe82add-2a33-…>

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Short-Seller Implications Of 10th Circ.'s Overstock Decision
by Gunnar Larson 30 Oct '24

30 Oct '24

Short-Seller Implications Of 10th Circ.'s Overstock Decision <https://www.law360.com/capitalmarkets/articles/2251895?nl_pk=abe82add-2a33-…> The Tenth Circuit's Oct. 15 decision in Overstock Securities Litigation provides clarity on the pleading standard for a market manipulation claim under the Exchange Act, and suggests that short sellers might not be able to rely on the fraud-on-the-market presumption typically invoked by securities plaintiffs, say attorneys at Paul Weiss. Opinion attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2251895?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2251895?nl_pk=abe82add-2a33-…>

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Oil Trader's Brother Gets Probation, Fine For Brazilian Bribes
by Gunnar Larson 30 Oct '24

30 Oct '24

Oil Trader's Brother Gets Probation, Fine For Brazilian Bribes <https://www.law360.com/capitalmarkets/articles/2253430?nl_pk=abe82add-2a33-…> By Brian Steele An ailing Connecticut man who admitted to helping his brother pull off a scheme to bribe officials at Brazil's state-owned oil company has been sentenced to probation, a fine and asset forfeiture, federal court records showed Tuesday. 2 documents attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2253430?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2253430?nl_pk=abe82add-2a33-…>

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Crescent Inks Oncology Merger With $200M In Private Funding
by Gunnar Larson 30 Oct '24

30 Oct '24

Crescent Inks Oncology Merger With $200M In Private Funding <https://www.law360.com/capitalmarkets/articles/2253271?nl_pk=abe82add-2a33-…> By Al Barbarino Crescent Biopharma Inc. has agreed to take fellow cancer-focused biotech GlycoMimetics Inc. private in a deal that includes $200 million of investments from well over a dozen firms to help fund the combined company's operations through 2027, GlycoMimetics revealed Tuesday. Read full article » <https://www.law360.com/capitalmarkets/articles/2253271?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2253271?nl_pk=abe82add-2a33-…>

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NFT Platform OpenSea Taps Consensys Atty To Be Deputy GC
by Gunnar Larson 30 Oct '24

30 Oct '24

NFT Platform OpenSea Taps Consensys Atty To Be Deputy GC <https://www.law360.com/capitalmarkets/articles/2253702?nl_pk=abe82add-2a33-…> By Aislinn Keely Blockchain software developer Consensys' head of litigation has departed the firm amid its fight with the U.S. Securities and Exchange Commission to step into a deputy general counsel role at OpenSea, another crypto firm facing scrutiny from the securities regulator. Read full article » <https://www.law360.com/capitalmarkets/articles/2253702?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2253702?nl_pk=abe82add-2a33-…>

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Crypto Co. Consensys CEO Slams SEC In Announcing Layoffs
by Gunnar Larson 30 Oct '24

30 Oct '24

Crypto Co. Consensys CEO Slams SEC In Announcing Layoffs <https://www.law360.com/capitalmarkets/articles/2253451?nl_pk=abe82add-2a33-…> By Aislinn Keely Blockchain software firm Consensys on Tuesday announced a round of layoffs affecting 20% of its staff that it says was driven in part by a costly legal battle with the U.S. Securities and Exchange Commission, but a spokesperson confirmed to Law360 that the firm's legal department wasn't part of the reduction. Read full article » <https://www.law360.com/capitalmarkets/articles/2253451?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2253451?nl_pk=abe82add-2a33-…>

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'In-And-Out' Trades Don't Doom Lead Plaintiff Bid, Judge Says
by Gunnar Larson 30 Oct '24

30 Oct '24

'In-And-Out' Trades Don't Doom Lead Plaintiff Bid, Judge Says <https://www.law360.com/capitalmarkets/articles/2253552?nl_pk=abe82add-2a33-…> By Emilie Ruscoe A Manhattan federal judge appointed a Pomerantz LLP client as lead plaintiff in a shareholder suit against Nano Nuclear Energy Inc., rejecting arguments that the investor's handful of so-called in-and-out trades in the company's stock should preclude her from representing the proposed class in securities fraud allegations against the company. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2253552?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2253552?nl_pk=abe82add-2a33-…>

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2nd Circ. Revives Investor Suit Against Chinese News App
by Gunnar Larson 30 Oct '24

30 Oct '24

2nd Circ. Revives Investor Suit Against Chinese News App <https://www.law360.com/capitalmarkets/articles/2253406?nl_pk=abe82add-2a33-…> By Katryna Perera The Second Circuit has revived a securities class action alleging that Chinese news aggregation app Qutoutiao hid changes in its advertising policies that allegedly spurred fraudulent advertisements on the app and eventually caused its share price to decline, finding that the lower court erred in determining that the suit's claims sound in fraud. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2253406?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2253406?nl_pk=abe82add-2a33-…>

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