Massachusetts

  • August 26, 2014

    Market Basket Worker Files NLRB Complaint Amid Protests

    A Market Basket employee has hit the New England supermarket chain with unfair labor practices claims, alleging in a complaint with the National Labor Relations Board that the company interfered with workers' rights during protests that followed a shake-up in company leadership in June.

  • August 26, 2014

    Zuckerberg Classmate Defends Random House Sanctions Bid

    A former classmate of Mark Zuckerberg on Monday defended his sanctions bid against Random House Inc. and author Benjamin Mezrich in a First Circuit appeal over his false-advertising and defamation suit, saying the publisher and author are refusing to address his allegations of vexatious misconduct.

  • August 26, 2014

    Teva, AstraZeneca Say Court Rulings Kill Nexium Delay Suit

    Drugmakers Teva Pharmaceutical Industries Ltd. and AstraZeneca PLC on Monday asked a Massachusetts federal judge to toss claims that Teva purposely delayed marketing a generic version of Nexium by two years, saying the judge’s recent rulings blow a hole in a class of drug buyers’ antitrust suit against the companies.

  • August 25, 2014

    Mass. Appeals Court Certifies Class In TCPA Fax Blast Suit

    A Massachusetts state appeals court on Friday certified a class in a suit claiming travel agency Around The Globe Travel Inc.’s use of marketing services provided by fax broadcaster Business to Business Solutions violated the Telephone Consumer Protection Act, reversing a lower court decision. 

  • August 25, 2014

    Boston's One Channel Center Snags $240M In Financing

    The newly built Boston office complex One Channel Center and the Channel Center Garage in the city's bustling Seaport District has snagged $240 million in permanent financing, capital markets adviser HFF LP said Monday.

  • August 25, 2014

    Deals Rumor Mill: China Network Systems, Comtech, Hootsuite

    Taiwan's wealthy Wei family is on the verge of acquiring a majority stake in cable television operator China Network Systems from a private equity firm for about $2.4 billion including debt, while Comtech Telecommunications Corp. may be exploring a possible sale of the business.

  • August 25, 2014

    Massachusetts Sets Dates For Tax Amnesty Program

    The state of Massachusetts’s Commissioner of Revenue on Monday announced its tax amnesty program allowing certain delinquent taxpayers, including businesses like hotels and convention centers, to pay their overdue obligations within a two-month period starting on Sept. 1, according to a statement released by the state’s tax commissioner.

  • August 25, 2014

    Calpine Pays Exelon $530M For New England Power Plant

    Calpine Corp. said Monday it has agreed to buy the Fore River Generating Station, near Boston, from Exelon Corp. for $530 million cash, expanding its presence in New England’s deregulated power market.

  • August 25, 2014

    Lockheed Martin Buys Energy Storage Co. Sun Catalytix

    Lockheed Martin Corp. has purchased energy storage and renewable fuels technology company Sun Catalytix Corp. for an undisclosed amount, Lockheed said Monday.

  • August 22, 2014

    Jury Finds App Security Co. Infringed Rival's Patent

    A Massachusetts federal jury on Friday found that a company that provides security for mobile applications ripped off some of the functionality covered in a patent licensed by its rival, but let it off the hook on another patent in a two-year battle over mobile device protection technology.

  • August 21, 2014

    Dick’s Assistant Managers Win Conditional Cert. In OT Suit

    A Massachusetts federal judge on Wednesday conditionally certified a class of Dick's Sporting Goods Inc. assistant managers in a collective action alleging the company stiffed them of overtime wages.

  • August 20, 2014

    Deals Rumor Mill: Mylan, Lear, Iliad

    Mylan is among several companies that have made it to the second round of bidding for a mature drug portfolio GlaxoSmithKline is offering, which could be worth as much as $3 billion, while Lear is on the verge of buying premium automotive leather supplier Eagle Ottawa for more than $800 million.

  • August 20, 2014

    Carlyle Fights To Nix Experts In PE Antitrust Case

    The Carlyle Group LP on Wednesday told a Massachusetts federal court that its objections to the plaintiffs' expert testimony in an antitrust suit accusing it of colluding with other private equity firms go far beyond technical concerns.

  • August 20, 2014

    Nexium Buyers Say Ranbaxy Should Turn Over Docs In MDL

    Direct-purchaser plaintiffs in the pay-for-delay multidistrict litigation involving the heartburn drug Nexium on Tuesday asked a Massachusetts federal judge to compel generic-drug maker Ranbaxy Inc. to carry out supplemental production of documents ahead of an October trial, saying that the request is not burdensome.

  • August 19, 2014

    Goodwin Procter Guides TA Associates' SkinnyPop Deal

    SkinnyPop Popcorn LLC is bringing in Boston-based private equity shop TA Associates as a key investor as the company looks to fatten up its business, TA Associates said Tuesday.

  • August 18, 2014

    Mass. Judge Won't Revive Trimmed FCA Claims Against BAE

    A Massachusetts federal judge on Friday refused to reconsider a decision trimming claims brought by a former employee of BAE Systems Inc. who accused a company subsidiary of violating the False Claims Act, rejecting the plaintiff’s argument that the judge made an "error of apprehension."

  • August 18, 2014

    Carlyle Must 'Live With' November Trial, Plaintiffs Say

    Plaintiffs in a long-running private equity collusion suit hit back at the Carlyle Group LP, the only defendant still standing, on Monday, arguing the private equity giant shouldn't be allowed to attempt to delay a trial with its motion to dismiss a slate of expert witnesses put forward by the plaintiffs.

  • August 18, 2014

    Ex-Bank Exec Charged With Handing Inside Info To Golf Buddy

    A former Eastern Bank Corp. executive was arrested Monday and hit with criminal charges in Massachusetts federal court accusing him of slipping insider information on the bank’s acquisition of another firm to his golfing buddy, the U.S. Department of Justice said.

  • August 15, 2014

    Venture-Backed Wayfair Eyeing $350M Public Debut

    Web-based furniture retailer Wayfair Inc. on Friday filed to raise $350 million in its long-awaited public debut after expanding its operations around the globe and raking in substantial support from venture capitalists since its 2002 launch.

  • August 15, 2014

    EEOC Asks Court to Sanction Chipotle In Firing Suit

    The U.S. Equal Employment Opportunity Commission on Friday urged a Massachusetts federal court to sanction Chipotle Mexican Grill Inc., saying the company failed to save a surveillance video it claims provides a legitimate reason for termination of an employee the agency says was fired because of her cystic fibrosis.