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FCPA Compliance Report-Episode 320, John Hanson on the IAICM [Video]

by Thomas Fox on

In this episode I visit with John Hanson (AKA ‘the Fraud Guy’) who is also the founder of the International Association of Independent Corporate Monitors (IAICM). He discusses why he founded the group, the needs it hopes to...more

Biogen to Pay Forward $1.25 Billion in Settlement

Forward Pharma A/S (“Forward”) recently announced that a necessary super majority of its shareholders have approved a settlement of various patent disputes with two wholly-owned subsidiaries of Biogen Inc. (“Biogen”) in which...more

Intellectual Property Newsletter - November 2016

by Shearman & Sterling LLP on

Patent Venue at the Supreme Court - If TC Heartland has its way, patent venue law is about to fundamentally change. Factual Background - Kraft sued TC Heartland, a limited liability company organized...more

District Court Denies Apple's Request to Add Acacia into Patent Infringement Lawsuit as Alter Ego of Plaintiff

In this patent infringement action, Apple filed a motion to add additional Acacia entities as plaintiffs in the action. Apple's primary argue was that the Acacia entities were the alter egos of the plaintiff and that the...more

Federal Judge Dismisses Target Directors from Data Breached Related Derivative Suit After Special Litigation Committee Recommends...

The hurdles for claims against directors for failed oversight in connection with data breaches continue to increase. On July 7, 2016, District of Minnesota Judge Paul Magnuson released derivative claims against top Target...more

The High Stakes Poker of Playing Fast and Loose with Federal Laws and Regulations Just Got More High Stakes: US Civil Penalties...

Though corporate compliance programs can be expensive, companies that fail to implement such programs are about to double down on their gamble as a result of a newly imposed increase in civil fines. Prior to this increase,...more

Target Corp. Shareholders Walk Away from Derivative Lawsuits

The leadership team at Target Corp. has one less legal claim to worry about today from the company’s headline-making 2013 data breach. And in an unusual turn, the shareholders who filed a series of derivative actions against...more

SEC Charges Biotech Company and Its Officers with Misleading Investors by Failing to Disclose FDA Concerns and Recommendations

by Arnall Golden Gregory LLP on

On March 29, 2016, the Securities and Exchange Commission (SEC) announced charges against a biotech company and three of its officers for securities fraud. The company has agreed to pay $4 million to resolve the charges...more

Merck Resolves Investors’ Class Action Lawsuit Related To Vioxx

by Arnall Golden Gregory LLP on

In 2004, Merck pulled its painkiller, Vioxx, from the market after a study linked the drug to increased risks for heart attack and strokes. On Friday, January 15, 2016, Merck announced that it had agreed to pay $830 million...more

Director Cybersecurity Risk Oversight and Actions

by Dorsey & Whitney LLP on

This article begins by providing an overview of the duty of directors to oversee risk, including cybersecurity risk, in the cyberattack context and then outlines actions that board of directors are taking as reported by...more

Infringement Case Shows Difficulty of Protecting Intellectual Property

KFx Medical Corp. filed its patent applications like any startup would and with the same goal: protecting its intellectual property. Sometimes, that’s not an easy thing to do, especially if the infringing company is...more

What Does the Supreme Court Ruling in Alice v. CLS Mean to a Software Entrepreneur? [Video]

by Fenwick & West LLP on

The Supreme Court’s ruling against broadly claimed software patents in Alice Corp. v. CLS Bank leaves many questions on patent eligibility unanswered, which means the controversy and confusion over the scope of patent...more

US v. Pokerstars, et. al. (Absolute Poker)

STIPULATION AND ORDER OF SETTLEMENT WITH RESPECT TO ABSOLUTE POKERNew York

by Ian Imrich on

STIPULATION AND ORDER OF SETTLEMENT WITH RESPECT TO ABSOLUTE POKER: IT IS HEREBY STIPULATED, ORDERED AND AGREED, by and between Plaintiff United States of America, by its attorney Preet Bharara, United States Attorney,...more

Court Rules on What is “Commercially Reasonable” Bank Security

Small business owners have new hope that they may be on the same footing as individuals when it comes to cybertheft from their bank accounts. ...more

G2 Compliance Report -- Keeping the Whistle Away From the Whistleblower: The Laboratory Compliance Officer’s Role in Qui Tam...

by Mintz Levin on

Do you, as a laboratory compliance officer, want to spare your employer the disruption, expense, and burden of a government enforcement action? The answer, of course, is “yes.” The most effective and efficient way of doing so...more

Siegler v. Best Buy- USD Florida, West Palm Beach, Filed November 2011

Siegler v. Best Buy Class Action Complaint- Drivers' Privacy Protection ActFlorida

by Leiva Law, P.A. on

The class action arises out of Best Buy's alleged practice of swiping Drivers' Licenses of customers without prior authorization, resulting in possible unauthorized disclosure of restricted personal information to Best Buy or...more

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Cybersecurity

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