California News December 15, 2021
California reimposes indoor mask mandate as COVID-19 cases increase
California is reimposing its statewide indoor mask mandate in response to the increase in COVID-19 cases and hospitalizations over the…
Business December 9, 2021
Allergan to pay $200M to settle New York State’s lawsuit over deceptive marketing of opioids
Allergan Finance LLC (formerly known as Actavis Inc) agreed to settle New York State’s lawsuit alleging that the company helped…
Business December 8, 2021
Vyera Pharmaceuticals to pay $40 million for illegally monopolizing Daraprim; Pharma Bro Martin Shrekli to face trial
Vyera Pharmaceuticals and its parent company Phoenixus AG (formerly Turing Pharmaceuticals) agreed to a $40 million settlement for illegally monopolizing…
Business November 19, 2021
McKinsey Affiliate MIO Partners to pay $18 million to settle compliance failure
MIO Partners, a subsidiary of McKinsey and a registered investment adviser, settled an enforcement action by the U.S. Securities and…
Business November 17, 2021
BlockFi reportedly under SEC investigation over its high-yield crypto accounts
BlockFi is reportedly under investigation by the U.S. Securities and Exchange Commission (SEC) over its high-yield, interest-bearing cryptocurrency accounts. On…
Business November 15, 2021
Amazon settles California lawsuit over its inadequate COVID-19 notifications
Amazon reached an agreement with the California Attorney General’s Office in connection with the lawsuit alleging that its COVID-19 notifications…
High Profile Court Cases November 15, 2021
Steve Bannon surrenders after indictment of two counts of contempt of Congress
Steve Bannon, an ally of former President Donald Trump, surrendered to the Federal Bureau of Investigation (FBI) on Monday after…
Business November 13, 2021
SEC stops American CryptoFed from registering Ducat, Locke digital tokens as equity securities
The Securities and Exchange Commission (SEC) halted the registration of American CryptoFed DAO LLC for its two digital tokens as…
Business November 12, 2021
Uber faces DOJ lawsuit for overcharging people with disabilities
Uber Technologies Inc (NYSE: UBER) is facing a lawsuit filed by the Department of Justice (DOJ) alleging that the company…
Business November 10, 2021
McKinsey partner Puneet Dikshit charged with insider trading
Puneet Dikshit, a partner in a global consulting management firm McKinsey, has been charged with insider trading in connection with…
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