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Food and Drug Administration (FDA) Financial Markets

Robins Kaplan LLP

Biggest US Banks Sail Through Latest Round of Fed Stress Testing

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Fed officials released the results of the latest round of big-bank stress tests conducted by the central bank, and it found “the largest banks in the United States are well capitalized and could weather a severe economic...more

Robins Kaplan LLP

Powell Admits Recession Possible, Sees Tricky Path to Soft Landing

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In closely watched testimony before the Senate Banking Committee, Fed Chair Powell acknowledged on Wednesday that the central bank faced a perilous situation in trying to “lower rapid inflation without tipping America into a...more

Robins Kaplan LLP

China Unexpectedly Cuts Key Benchmark Rate in Attempt to Jump-Start Flagging Economy

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Chinese central bankers unexpectedly cut a benchmark interest rate today, an “unexpected policy shift” in an era of rate hikes that “economists said would likely help the country’s moribund housing market but bring only...more

Robins Kaplan LLP

Abbott Labs Strikes Deal with FDA to Resume Baby Formula Production in U.S.

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Abbott Laboratories, the maker of Similac baby formula and the company at the heart of America’s current formula shortage, has reportedly “reached an agreement with U.S. health officials to restart production at its largest...more

Robins Kaplan LLP

Financial Daily Dose 8.24.2021 | Top Story: Full FDA Pfizer Vax Approval Buoys Markets

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Markets used news of the FDA’s full approval of the Pfizer BioNTech coronavirus vaccine as the excuse they needed to jump back up after a few days of losses. All three major indices were up near the 1% range, with the Nasdaq...more

Hogan Lovells

Coronavirus: The Hill and the Headlines, November 2020 # 11

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In Washington: Sen. Chuck Grassley (R-IA) said on Tuesday that he would quarantine after exposure to COVID-19. Grassley added that he was "feeling well" and asymptomatic but that "it’s important we all follow public health...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – July 2020 #7

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In Washington: Sens. Ben Cardin (R-MD) and Marco Rubio (R-FL) led a letter from a group of 31 senators calling on Senate leadership to include an international response to COVID-19 in the next coronavirus package....more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – June 2020 #6

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In Washington - On the next coronavirus relief package, White House economic adviser Larry Kudlow told CNN that “the negotiations for the next package would probably be after July 4th weekend.” This comes after a...more

The Volkov Law Group

Delaware Court Increases Scrutiny of Corporate Board Oversight and Monitoring of Compliance Programs

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On October 1, 2019, in In re Clovis Oncology, Inc. Derivative Litigation, a Delaware Chancery Court denied a motion to dismiss the plaintiffs’ claims under the Caremark decision against individual directors for failing to...more

Mayer Brown Free Writings + Perspectives

SEC Brings Regulation FD Action

On August 20, 2019, the SEC charged a pharmaceutical company with violations of Regulation FD based on its sharing of material, nonpublic information with sell-side research analysts on two separate occasions without also...more

Kramer Levin Naftalis & Frankel LLP

SEC Brings Enforcement Action against TherapeuticsMD for Violations of Regulation FD

On Aug. 20, 2019, the Securities and Exchange Commission (SEC) announced that it had charged public pharmaceutical company TherapeuticsMD, Inc. for violations of Regulation FD and Section 13(a) of the Exchange Act related to...more

Ballard Spahr LLP

SEC Signals New Phase of Regulation FD Enforcement

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The United States Securities and Exchange Commission (SEC) announced yesterday, August 20, 2019, that it charged TherapeuticsMD, Inc., a pharmaceutical company headquartered in Boca Raton, Florida, with violations of...more

Pierce Atwood LLP

First Circuit Affirms Tough Standard for Alleging Securities Fraud; Revives One Claim Against Local Drug Maker

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On November 28, 2016, the First Circuit upheld the dismissal of all but one of the class action securities fraud claims against Cambridge, MA drug company, ARIAD Pharmaceuticals, Inc., reaffirming the exacting pleading...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 6.16.16

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As expected, the Fed announced yesterday that it was holding current interest rates steady and would be slow to push rates up while the economy tiptoes toward stability. Much more from Chair Yellen and economists’ reaction...more

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