The Eighth Circuit on Thursday upheld a 46-month sentence against a man convicted of defrauding a federally licensed grain operator in Iowa through bribery, threats and deception, saying lies he told during his prosecution warrant the enhanced penalty.
Dollar General suffered a blow on Thursday when Family Dollar Stores Inc. rejected its $9 billion bid amid concerns about an antitrust review, but the wannabe buyer's willingness to stage the high-stakes play in the first place spotlights a certain boldness that comes with a robust M&A marketplace.
Whole Foods Market Inc. was hit with a $5 million putative class action Thursday in Florida federal court for allegedly misleading hundreds of thousands of purchasers into believing their products effectively treat the flu as well as coughing and other symptoms in adults and children, when the products are actually "worthless."
Cargill Inc. slapped a former employee with a trade secrets suit in Colorado federal court Thursday, claiming he pocketed highly confidential and proprietary information on his way out the door that he'll inevitably disclose in his new position with Cargill competitor JBS USA.
Shake Shack, the fast-food chain that grew from a Manhattan hot dog stand, is said to be eyeing an initial public offering as soon as this year and has chosen JPMorgan Chase & Co. and Morgan Stanley to lead the way, according to a Thursday report.
Ghirardelli Chocolate Co. will fork over $5.25 million to end a putative class action accusing the famed San Francisco chocolatier of improperly advertising certain products as containing natural white chocolate when instead they contain white chocolate-like artificial flavoring, according to documents filed on Wednesday in California federal court.
GrubHub Inc. has agreed to pay $2 million to settle a class action alleging it sent unsolicited fax advertisements in violation of the Telephone Consumer Protection Act, according to documents filed Wednesday in Illinois federal court.
Russia has suspended operations at four McDonald's Corp. restaurants in Moscow, citing "numerous sanitary violations," amid the country's ongoing sanctions battles with the U.S. and the European Union.
The Russian government announced on Wednesday that it is easing its recently enacted ban on food imports from countries that have handed down sanctions in response to the Ukraine crisis by exempting certain items that may benefit its own domestic food production.
A creditor of bankrupt frozen vegetable producer Allens Inc. on Tuesday is pursuing sanctions against the Freeborn & Peters LLP attorney overseeing the company’s Perishable Agricultural Commodities Act claims, arguing that the attorney delayed payment of its $3.5 million allowed claim by filing a "frivolous" objection.
Nestle SA unit Nestle Waters North America Inc. on Wednesday was hit with an antitrust suit in a New York state court by an upstate natural spring bottler who accused the beverage giant of engaging in an anti-competitive scheme to squeeze it out of the bottled water business.
New York-based flavor giant International Flavors and Fragrances Inc. won a jury verdict Tuesday in Iowa federal court, defeating an injury suit that claimed its butter flavoring, which contains the compound diacetyl, caused a man to develop a serious lung condition from microwaving popcorn containing that flavoring.
A joint venture between television investment guru Marcus Lemonis and the owner of ice cream chain Dippin’ Dots is poised to buy Crumbs Bake Shop Inc. out of bankruptcy with a $6.5 million bid, after the shuttered cupcake chain said on Wednesday that no competing suitors had emerged.
The Equal Employment Opportunity Commission on Wednesday slapped Food Lion LLC with a federal employment discrimination suit alleging the North Carolina-based grocery retailer fired an employee because he was unavailable to work on days he had to attend Jehovah's Witness services and meetings.
The Second Circuit on Wednesday stood by its April opinion holding that Racketeer Influenced and Corrupt Organizations Act claims can apply to conduct outside the U.S., leaving intact a decision to revive a European Union suit alleging a criminal money-laundering and cigarette-smuggling scheme run by R.J. Reynolds Tobacco Co.
Shareholder activist firm Sandell Asset Management Corp. on Wednesday said that it expects to gain at least five seats on Bob Evans Farms Inc.'s board of directors once the total vote is tallied, potentially setting up changes at the company.
Changes caused by the increase in the cost of money and the increase in the mobility of the service workforce are two trends that I see combining to change future deal activity, says Samuel Dibble of Farella Braun & Martel LLP.
The parent of the Bi-Lo and Winn-Dixie grocery store chains on Tuesday disclosed that it is pulling its plans for a $500 million initial public offering, without offering any explanation.
A New Jersey federal judge on Tuesday allowed a proposed class action to proceed against "superfood" juice maker MonaVie Inc. a year after a previous, nearly identical company was shut down, ruling that the plaintiff had sufficiently pled her claims that the company promotes bogus health drinks through a predatory pyramid scheme.
The beer, wine and spirits industries are no strangers to trademark law, but some trademark practitioners might be strangers to the highly complex world of booze. Here are four tips for the uninitiated from a few alcohol trademark pros.