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IBM Retirees Filed Shorted Pension Suit Too Late, Judge Says
by Gunnar Larson 08 Apr '24

08 Apr '24

IBM Retirees Filed Shorted Pension Suit Too Late, Judge Says <https://www.law360.com/technology/articles/1821591?nl_pk=2bd720dd-746c-4744…> By Grace Elletson IBM escaped a proposed class action alleging it stiffed workers on pension payments by using outdated mortality data to calculate their benefits when a New York federal judge ruled that their claims timed out under the plan's limitations on when its participants could sue. 2 documents attached | Read full article » <https://www.law360.com/technology/articles/1821591?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1821591?nl_pk=2bd720dd-746c-4744…>

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UBS Beats Blockchain Co.'s Spoofing Suit, For Now
by Gunnar Larson 08 Apr '24

08 Apr '24

UBS Beats Blockchain Co.'s Spoofing Suit, For Now <https://www.law360.com/banking/articles/1821370?nl_pk=feb6bbba-7878-4d39-be…> By Katryna Perera UBS Securities LLC has, for now, escaped a suit accusing it of a so-called spoofing campaign against blockchain company Phunware's stock, with a New York federal judge saying that while Phunware has adequately alleged the spoofing scheme took place, it has failed to show how it was impacted or injured by it. Order attached | Read full article » <https://www.law360.com/banking/articles/1821370?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1821370?nl_pk=feb6bbba-7878-4d39-be…>

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NBC Defeats Trump's Subpoena Of 'Stormy' Documentary Info
by Gunnar Larson 08 Apr '24

08 Apr '24

NBC Defeats Trump's Subpoena Of 'Stormy' Documentary Info <https://www.law360.com/newyork/articles/1822506?nl_pk=ac5a3855-e47c-4403-be…> By Frank G. Runyeon A New York judge on Friday rejected Donald Trump's attempt to subpoena records from NBC linked to Stormy Daniels, a central figure in the Manhattan district attorney's hush money charges, finding that the ex-president's request was overbroad and barred by civil rights laws. Read full article » <https://www.law360.com/newyork/articles/1822506?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1822506?nl_pk=ac5a3855-e47c-4403-be…>

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Intent-Based Theory Of Liability In Hwang Creates Ambiguity
by Gunnar Larson 08 Apr '24

08 Apr '24

Intent-Based Theory Of Liability In Hwang Creates Ambiguity <https://www.law360.com/banking/articles/1819890?nl_pk=feb6bbba-7878-4d39-be…> A case against Archegos Capital founder Bill Hwang alleging that he participated in a securities manipulation scheme, which goes to trial next month in New York federal court, highlights the need for courts to clarify the legal standard defining "market manipulation," says Edward Imperatore at MoFo. Read full article » <https://www.law360.com/banking/articles/1819890?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1819890?nl_pk=feb6bbba-7878-4d39-be…>

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Med School Ex-CEO Sues For Legal Fees In Del. After Fraud Suit
by Gunnar Larson 08 Apr '24

08 Apr '24

Med School Ex-CEO Sues For Legal Fees In Del. After Fraud Suit <https://www.law360.com/health/articles/1822227?nl_pk=6422bbc2-a823-4be5-9a9…> By Jeff Montgomery A company controlled by the former chief executive of a Grand Bahama-based medical school has sued the school's developers and indirect owner for legal fee advancements in Delaware's Court of Chancery, citing a federal suit accusing the ex-officer of selling undocumented stakes in the business. Read full article » <https://www.law360.com/health/articles/1822227?nl_pk=6422bbc2-a823-4be5-9a9…> | Save to favorites » <https://www.law360.com/health/articles/1822227?nl_pk=6422bbc2-a823-4be5-9a9…>

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Firefighters Union's Finance Firm Can't Spike Whistleblower Claim
by Gunnar Larson 08 Apr '24

08 Apr '24

Firefighters Union's Finance Firm Can't Spike Whistleblower Claim <https://www.law360.com/compliance/articles/1822347?nl_pk=ab5ce197-c1fb-4d8e…> By Brian Dowling A finance firm set up for the nation's largest firefighters' union can't escape a whistleblower retaliation claim from the investment adviser it fired after he reported concerns to the U.S. Securities and Exchange Commission, a Boston federal judge has ruled. Order attached | Read full article » <https://www.law360.com/compliance/articles/1822347?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1822347?nl_pk=ab5ce197-c1fb-4d8e…>

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Justices Urged To 'Shut The Door' On Meta Disclosure Suit
by Gunnar Larson 08 Apr '24

08 Apr '24

Justices Urged To 'Shut The Door' On Meta Disclosure Suit <https://www.law360.com/technology/articles/1822452?nl_pk=2bd720dd-746c-4744…> By Jessica Corso The U.S. Supreme Court should "shut the door" on private securities lawsuits that could create a bloated disclosure regime and hurt businesses and investors alike, the U.S. Chamber of Commerce said Friday in a brief backing Meta Platforms Inc.'s call for the justices to hear a shareholder proposed class action over the Cambridge Analytica data abuse scandal. Brief attached | Read full article » <https://www.law360.com/technology/articles/1822452?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1822452?nl_pk=2bd720dd-746c-4744…>

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Inside the push to make intellectual property work for African pharma (GO.MYDR.co)
by Gunnar Larson 08 Apr '24

08 Apr '24

Upgrade to a smarter Gmail Secure, fast & organized email OPEN <https://mail.google.com/mail/mu/mp/27/#> Inbox Africa forges ahead with its pharma revolution Devex Newswire to me 1 hour ago Details Bridging the growing gap in climate finance. Problems reading this email? Try opening the web version <https://t.devex.com/v/Njg1LUtCTC03NjUAAAGSXFpFpOFJcBXqIYg-32kTFYLOT-UQFbJyN…> <https://t.devex.com/Njg1LUtCTC03NjUAAAGSXFpFpT8FX80-ZAWjYfbwCdVVDeVF3tqBNuk…> <https://t.devex.com/Njg1LUtCTC03NjUAAAGSXFpFpXWxNdfUJzZBtW83mNIw6uWm4NFCy_E…> *PRESENTED BY THE MASTERCARD CENTER FOR INCLUSIVE GROWTH <https://t.devex.com/Njg1LUtCTC03NjUAAAGSXFpFpcj4R7KkP5l74jjCcN1yVIzjkXV8MkL…>* APRIL 8, 2024 BY HELEN MURPHY <https://t.devex.com/Njg1LUtCTC03NjUAAAGSXFpFpOGaNo-_nhH1o8DRwu2WfluR4-EtRBz…> Africa’s leaders want pharmaceutical autonomy. The continent is crafting a different vision for how innovation, intellectual property, and access to pharmaceutical products will play out. *Also in today’s edition:* Climate adaptation finance must urgently increase — but how? And we explain how to wow recruiters at Tetra Tech. Going it alone Africa's leadership has embarked on *a bold endeavor to ramp up pharmaceutical manufacturing* on the continent. The aim? To create health security for its people that’s sturdy enough to withstand the many challenges ahead. But establishing autonomy is no easy feat, and *one big hurdle looms large* : access to manufacturing licenses <https://t.devex.com/dc/kyXVoDpAY__Vu56MNr4POpCphgeXlcwK-5u_CbLr-mMOu1sC6zYz…>. With pharmaceutical patent holders mostly overseas, securing permissions is a complex task, and there aren’t enough partnerships with foreign entities to guide local producers. On top of that, there’s a scarcity of trained personnel, inadequate infrastructure, a dearth of local research and development initiatives, feeble regulatory frameworks, and financial risks to potential investors. The *tides are slowly turning*, however, and a lot of effort is being funneled into making this happen, writes Devex Senior Reporter Sara Jerving. As part of the push, experts gathered in Addis Ababa, Ethiopia, for the first International Conference on Innovation, Intellectual Property and Technology Transfer in Africa’s Pharmaceutical Sector — hosted by the new African Pharmaceutical Technology Foundation, which was launched by the African Development Bank. But there are no panaceas, and *numerous barriers must be dismantled* for things to fall into place, participants said. While power predominantly lies outside the continent — in the hands of multinational pharmaceutical giants — African nations have levers capable of reshaping the status quo. “We are in a defining moment. We really need to make sure that we will not miss the opportunity,” says Michel Sidibé, the African Union special envoy for the African Medicines Agency. “We really need a paradigm shift … from a privilege-centered approach to a people-centered approach.” Sara lays out just *what’s needed to transform issues around intellectual property* and technology transfer in Africa’s pharmaceutical manufacturing and gives the lowdown on the difficulties ahead. *Read:* Inside the push to make intellectual property work for African pharma <https://t.devex.com/dc/kyXVoDpAY__Vu56MNr4POpCphgeXlcwK-5u_CbLr-mMOu1sC6zYz…>

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Feds Say Bombing Survivors' Suit Is Outside Court's Authority
by Gunnar Larson 08 Apr '24

08 Apr '24

Feds Say Bombing Survivors' Suit Is Outside Court's Authority <https://www.law360.com/governmentcontracts/articles/1822373?nl_pk=4126fe73-…> By Alyssa Aquino The Biden administration is again pushing to escape survivors' efforts to hold it accountable for U.S. allies' airstrikes in Yemen, telling a Washington, D.C., federal court it had no authority over the executive branch's foreign arms dealing. 1 document attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1822373?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1822373?nl_pk=4126fe73-…>

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Meta Looks To Nix FTC's Antitrust Case Over Acquisitions
by Gunnar Larson 08 Apr '24

08 Apr '24

Meta Looks To Nix FTC's Antitrust Case Over Acquisitions <https://www.law360.com/mergersacquisitions/articles/1822518?nl_pk=a34c25b5-…> By Matthew Perlman Meta Platforms urged a D.C. federal court on Friday to toss the Federal Trade Commission's antitrust case against it, saying the agency has found no evidence showing its acquisitions of Instagram and WhatsApp hurt competition or consumers. Brief attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/1822518?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1822518?nl_pk=a34c25b5-…>

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