Mike LaSusa
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Dell Inc. has agreed to pay $21 million to resolve a shareholder suit over the events leading up to a one-day, 17% drop in the computer company’s stock price in 2012 after it reported quarterly cash flow that was nearly a half-billion dollars below expectations… Read this piece in its entirety at Law360.
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The U.S. Commodity Futures Trading Commission on Monday announced that a precious metals trader and his former company will pay more than $1.1 million to resolve charges the trader manipulated gold and silver markets by “spoofing” them with fake orders… Read this piece in its entirety at Law360.
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Two members of an immigrant advocacy group on Monday became the first individuals to join a raft of governments and institutions challenging a recent Trump administration rule that makes it harder for immigrants who may need public benefits to get legal status in the U.S… Read this piece in its entirety at Law360.
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A New York judge refused to greenlight a proposed settlement in a case challenging Xerox Corp.’s abandoned merger with Fujifilm Holding Corp., which was once valued at $6.1 billion, saying the investors leading the suit aren’t fit representatives for the proposed class… Read this piece in its entirety at Law360.
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The rights holder to the works of a renowned composer called Apple and two other companies “modern tape pirates” in a copyright suit filed Friday in California federal court, saying the iTunes store sources music from distributors and record companies that don’t own the rights… Read this piece in its entirety at Law360.
Mike LaSusa 