A Massachusetts federal jury on Thursday decided that electronic companies Epistar Corp., Everlight Electronics Co. Ltd. and Lite-On Inc. owe almost $13.7 million to Boston University for willfully infringing a patent for semiconductor technology.
Massachusetts Attorney General Maura Healey on Thursday proposed sweeping consumer protection-oriented regulations for the highly scrutinized, fast-growing daily fantasy sports industry, where the leading companies have already been deemed illegal gambling operations by Healey's New York counterpart.
A Massachusetts federal judge on Wednesday appointed Labaton Sucharow LLP and Bronstein Gewirtz & Grossman LLC lead counsel in a shareholder suit accusing Biogen Inc. of misleading investors over its revenue forecasts.
A Lynnfield, Massachusetts, man accused of insider trading on information obtained from a friend about the acquisition of Cooper Tire and Rubber Co. by India-based Apollo Tyres Ltd. has settled the claims with the U.S. Securities and Exchange Commission, according to filings Tuesday.
The U.S. Securities and Exchange Commission on Monday defended its new capital-raising rules, which are being challenged by Massachusetts and Montana in the D.C. Circuit, saying its Regulation A-Plus guidelines reflect Congress’ intent and adequately protect investors.
The attorney general of Massachusetts urged the First Circuit on Tuesday to side with a group of FedEx drivers fighting to revive their proposed class action, backing the workers’ arguments that the shipping giant misclassified them as independent contractors and that the drivers should not have to pay certain expenses associated with their work.
Massachusetts Attorney General Maura Healey on Friday said that her office had indicted 33 people in connection with an illegal sports betting ring that allegedly generated $3 million in annual profits, and used an offshore website to keep the books.
Grocery store chain operator Supervalu Inc. is not an insurer and thus was not contractually obligated to settle the personal injury claims of a woman hit by a motorized cart at one of its subsidiary stores, the First Circuit ruled Friday.
A Native American tribe’s bid to build a casino on Martha’s Vineyard was quashed on Friday when a Massachusetts judge ruled that the tribe had not established enough governmental authority over its settlement lands on the island.
A Massachusetts federal judge on Friday ruled that Sovereign Bancorp can recover some $234 million that it paid in taxes, interest and penalties to the federal government over an international securities transaction, finding the deal had a business purpose outside its tax benefits.
Pfizer’s Wyeth Pharmaceuticals Inc. on Thursday told a Massachusetts federal court that a whistleblower can’t prove the drugmaker encouraged physicians to prescribe its acid reflux drug off label, as part of a larger False Claims Act suit accusing the company of overcharging Medicare and Medicaid.
The Massachusetts securities regulator has accused a broker-dealer affiliated with American Realty Capital of faking proxy votes ARC needed ahead of a planned $378 million deal with Apollo Global Management LLC that fell apart earlier in November.
The indictment charging a former Warner Chilcott president with conspiring to pay kickbacks to physicians is too general, barring him from preparing a proper defense, he told a Massachusetts federal court Thursday.
Goodwin Procter LLP has brought a transactional pro back to the firm as a partner on its team serving institutional investors and asset managers after her stint with the corporation responsible for managing Harvard University’s endowment.
A Massachusetts federal judge on Tuesday approved Pomerantz LLP as lead counsel and Block & Leviton LLP as liaison counsel for a putative investor class accusing artificial-joint maker ConforMIS Inc. of hiding problems with its knee joint replacement systems ahead of its $121 million initial public offering.
Danish energy giant DONG Energy AS confirmed Monday that it plans to build a wind farm off of Massachusetts' coast capable of generating up to 1,000 megawatts of electricity, putting to use the offshore wind leasing rights it purchased earlier this year.
A Massachusetts judge on Wednesday temporarily blocked Sprint Corp. from shutting down at midnight on Thursday a network that services as many as 300,000 low-income and disadvantaged users across the country, ruling that a group of nonprofits challenging the shutdown had shown that it will likely succeed.
EMC Corp. on Wednesday told a Massachusetts federal court that it should stay or dismiss a pair of proposed class actions filed by shareholders over the company’s $67 billion sale to Dell, saying there are nine cases pending in state courts already.
Holland & Knight has reclaimed a partner with 15 years of experience in tax credit transactions and who has been involved, often as lead transaction counsel, in investment projects involving multiple sources of equity and debt, such as schools, supermarkets and other community facilities, the firm said on Wednesday.
A coalition of states, cities and counties looking to defend the U.S. Environmental Protection Agency's Clean Power Plan on Wednesday intervened in a D.C. Circuit case challenging the agency action, arguing they have an interest in preventing climate change from hurting their residents.