Law
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A former executive of a Bank of New York Mellon Corp. investment unit was fired based on a “transparent pretext” after he flagged potentially unlawful business activities at the financial services company, according to a $15 million lawsuit filed Wednesday in New York federal court… Read this piece in its entirety at Law360.
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Presumptive Democratic presidential nominee and former Vice President Joe Biden has been tapped to give this year’s graduation speech at Columbia Law School, which will be streamed online rather than being held in person, the university announced Wednesday… Read this piece in its entirety at Law360.
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The Delaware Chancery Court on Tuesday refused to dismiss a derivative suit against Investors Bancorp Inc. over the bank’s handling of hefty stock awards for two top officers, with the judge saying the stockholders had enough of a case to survive Investors Bancorp’s initial challenge… Read this piece in its entirety at Law360.
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California’s utility regulator is seeking to force PG&E Corp. to make changes to its plans to emerge from Chapter 11 in addition to proposing a record-setting penalty of nearly $2 billion for PG&E’s role in contributing to deadly wildfires in recent years in the Golden State… Read this piece in its entirety at Law360.
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Technology giants Amazon, Facebook, Hewlett Packard Enterprise Co., IBM, Microsoft and Sandia National Laboratories have joined other prominent institutions in pledging to refrain from enforcing patent protections for uses of their intellectual property aimed at combating the COVID-19 pandemic… Read this piece in its entirety at Law360.
Mike LaSusa 