SEC Agrees to Dismiss Civil Suit Against Former Pharma CIO Over Alleged Insider Trading
"We are delighted that Ram has been fully vindicated of these meritless allegations," former Mylan executive Ramkumar V. Rayapureddy's lead counsel, Adam Lurie, a partner at Linklaters, said of the outcome. "He has shown remarkable courage and resilience throughout this long injustice and is looking forward to moving on with his life and his career."
The Future Viability of 105(a) Injunctions Following the Supreme Court's Decision In 'Purdue Pharma'
Until now, a successful reorganization assumed the debtor could confirm a plan with nondebtor releases and injunctions based on less than full creditor consensus. Now that nonconsensual releases in Chapter 11 plans are no longer permitted, will debtors have a more difficult time obtaining a 105(a) injunction?
'Irreversible Suffering': Apple Hit With Class Action Over Lack of Safety 'Guardrails' for Children
The suit, filed Tuesday in the U.S. District Court for the Northern District of California by the Buche Law Firm and Eisenberg & Baum, claims that Apple has escaped accountability for the proliferation of CSAM on iCloud by engaging in "privacy-washing," which it defines as "a deceptive marketing tactic where Apple touts its commitment to protect the privacy of its consumers but neglect[s] to meaningfully implement its stated ideas to practice."