A Boston jury returned a verdict in favor of law firm Ropes & Gray LLP on Thursday in a lawsuit brought by a former associate alleging the firm retaliated against him for filing a racial discrimination complaint with the U.S. Equal Employment Opportunity Commission.
Hologic Inc., a maker of cancer-screening tools, acted fast on Wednesday to adopt a poison pill plan to protect itself against unwanted buyout campaigns, after activist investor Carl Icahn disclosed a sizable minority stake in the company.
A Massachusetts federal judge has rejected competing bids for summary judgment in a defibrillator patent dispute between Philips Electronics North American Corp. and Zoll Medical Corp., finding in an order published Tuesday that remaining issues of fact should be left to a jury to decide.
American Superconductor Corp. agreed Wednesday to pay $10 million to settle a proposed investor class action alleging the company inflated its stock price by hiding a fallout with its largest client, a Chinese wind turbine manufacturer.
LeClairRyan's Boston office has coaxed a former Murphy & Riley PC attorney well-versed both in insurance coverage litigation surrounding environmental and real estate matters and in defending professional liability claims, the firm announced Tuesday.
Despite scoring an eleventh-hour financing deal with Penn National Gaming Inc.'s newly spun-off real estate investment trust, the tribal owners of Foxwoods casino were forced out of the running for a $1 billion casino resort by voters in a Massachusetts town on Tuesday.
JPMorgan is in talks to unload $4 billion in private equity stakes to a group of big-name investors, while T-Mobile is eyeing a $3 billion acquisition of airwaves currently held by outsize rival Verizon Wireless.
Payless Shoesource Inc. urged a Massachusetts district court on Friday to chuck a putative class action accusing the retailer of improperly recording customer ZIP codes, arguing that it lawfully stores personal identification information separately from credit card information.
Fresh off of its split from Penn National Gaming Inc., casino real estate investment trust Gaming and Leisure Properties Inc. inked a tentative deal late Friday to financially back an embattled $1 billion Massachusetts project proposed by the tribal owners of Foxwoods Resort Casino.
Dutch software company Unit4 will go private in a €1.2 billion ($1.6 billion) sale to Boston investment firm Advent International Corp., it said Monday, touting the plan as a way for the company to escape shareholder pressure to accelerate growth plans.
Despite concerns about the financial stability of a venture backed by the tribal owners of Foxwoods Resort Casino, the Massachusetts Gaming Commission on Friday gave a conditional approval to allow the company to push forward with its $1 billion bid for a gambling license.
A Massachusetts federal judge on Thursday ruled that Cisco Systems Inc.’s Nexus 5000 switches and Unified Computing System do not infringe a patent held by T.M. Patents LP, holding that the accused devices don’t correspond to all of the patent’s claim limitations.
Trian Fund Management LP, run by activist investor Nelson Peltz, sold its $121.5 million stake in State Street Corp., according to a Thursday filing with the U.S. Securities and Exchange Commission.
Transatlantic Reinsurance Co. and its parent Alleghany Corp. on Thursday beat two Berkshire Hathaway Inc. companies' lawsuit claiming they had used deceptive practices to rid themselves of "crippling" asbestos liabilities.
A Massachusetts federal judge on Wednesday refused to reconsider allowing Silver Lake Partners to individually defend itself against a putative antitrust class action accusing it and several other private equity firms of plotting to hold down prices of companies they targeted for purchase.
A Massachusetts federal judge certified a class of Nexium end-buyers on Thursday who accused AstraZeneca PLC and others of violating antitrust laws by delaying a generic version of AstraZeneca’s heartburn drug, ruling the class met adequacy and predominance requirements.
The Suffolk Downs racetrack owner, which is spearheading an embattled bid to snag one of Massachusetts' new gambling licenses, is in negotiations with the city of Revere to keep its $1 billion casino resort project alive after suffering a recent setback, according to a Thursday statement by the city.
A Massachusetts Native American tribe has won federal approval to build a gaming facility on the exclusive Martha’s Vineyard, it announced Tuesday, setting off a potential fight with state lawmakers who have previously opposed such efforts.
The First Circuit on Tuesday partially reversed the decision of a Massachusetts state court awarding Orix Capital Markets the environmental testing costs on a foreclosed property, finding no chemical liability that violates the property's environmental indemnity agreement.
The commercial lending arm of Prudential Financial Inc. has approved a $114 million construction loan to help fund Apartment Investment and Management Co.’s development of a 12-story luxury apartment building in Boston, the company said Tuesday.