Apple in Talks to Buy Beats Music Brand for $3.2 Billion
Apple is in discussion to buy Beats Electronics, according to sources briefed on the talks. Beats Electronics, the company that…
Legal News
Lawyers for Boston Bombing Suspect Ask Court to Dismiss Hospital Statements
In Federal Court, lawyers for Dzhokar Tsarnaev, the suspected Boston bomber, have asked a federal court to strike comments…
Vermont Becomes First U.S. State to Mandate Labeling of GMO Foods
A bill signed by Vermont Governor Peter Shumlin on 8 May gives Vermonters the right to be informed about genetically…
LightSquared Inc. Won Approval to Marginalize $1 Billion Debt Claim by Dish Network
Philip Falcone's LightSquared Inc. won approval for the disclosure statement of its reorganization plan. According to Reuters, Dish Network Corp…
Illinois Appellate Court “State Farm Not Responsible for $4.9 Million TCPA Judgment
On May 2, 2014, the Second District Appellate Court in Illinois issued a unanimous opinion in favor of Dykema client…
The Bubble for Lawyers in the Country Has Popped
It's not just law schools that are facing a downturn with reduced applicants, but the legal industry is facing the…
Samuel Israel Seeks Prison Release
Samuel Israel, Bayou Group LLC co-founder who faked his suicide and fled after pleading guilty to a $400 million fraud,…
New England Compounding Pharmacy Inc. Agreed to Settlement
The owners of New England Compounding Pharmacy Inc., the drug supplier blamed for a nationwide meningitis outbreak that killed 64,…
New York Jets Sued by Former Cheerleader Over Low Wages
A fourth team in the National Football League, the New York Jets, has been sued and accused of paying cheerleaders…
SEC Charges Five for Scheming to Make Chinese Companies Public in U.S.
A Toronto-based consultant and four associates were charged this week by the U.S. Securities and Exchange Commission with engaging in…
U.S. Attorney General Eric Holder, No Company “Too Big to Jail”
The United States Justice Department is pursuing criminal investigations of financial institutions that could result in action in the coming…
Credit Suisse Group Close to Resolving U.S. Tax Evasion Probe
Credit Suisse Group AG is close to resolving a U.S. tax-evasion probe with an agreement that might include a penalty…