Securities
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Executives at Owlcam shortchanged investors with help from Amazon in a scheme to sell the dashboard camera maker’s intellectual property to the tech titan in exchange for a $1 million kickback and promises of future employment, according to a lawsuit in Delaware court… Read this piece in its entirety at Law360.
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A South Dakota federal judge said Monday that the U.S. Department of Health and Human Services owes some level of health care to the Rosebud Sioux Tribe, though his order did not go as far as the tribe wanted… Read this piece in its entirety at Law360.
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A group of firms led by Schlichter Bogard & Denton LLP has renewed a $6 million fee bid previously rejected by a Boston federal judge, arguing the request is fair given the firms’ work helping Massachusetts Institute of Technology workers and retirees reach an $18 million ERISA settlement… Read this piece in its entirety at
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The U.S. Securities and Exchange Commission urged a New York federal court on Friday to grant it a quick win in a case accusing Kik Interactive Inc. of conducting an unregistered initial coin offering of $100 million worth of its Kin cryptocurrency in 2017, $55 million of which was bought by U.S. investors… Read this
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The U.S. Securities and Exchange Commission has scored an early victory in a case against a Florida investment adviser accused of running a $39 million fraud scheme, with a Sunshine State federal court freezing the adviser’s assets and putting the firm into receivership… Read this piece in its entirety at Law360.
Mike LaSusa 