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  • June 8, 2015

    Iron Mountain Adds Cash Component To $2.1B Recall Buy

    Storage and information management company Iron Mountain Inc. on Monday sweetened its deal to buy Recall Holdings Ltd., adding 50 cents in cash per Recall share to its previous $2.1 billion all-stock offer.

  • June 4, 2015

    Nexium Buyers Say Namenda Ruling Supports Injunction Bid

    Nexium purchasers told a Massachusetts federal court Thursday that the Second Circuit's recent ruling upholding an injunction requiring Actavis PLC to keep an Alzheimer's drug on the market supported their own bid for an injunction in pay-for-delay litigation against Ranbaxy Inc. and AstraZeneca PLC.

  • June 3, 2015

    Cooley Beats DQ Bid In Suit Over Exercise Machine Patent

    A prolific patent litigant can't disqualify Cooley LLP from representing a health club franchiser in litigation over an exercise machine patent, a Massachusetts federal judge ruled Wednesday, saying the attorney didn't show Cooley's obligations to its clients are compromised.

  • June 3, 2015

    Contractor Law Can’t Cover Real Estate Reps: Mass. Court

    Massachusetts’ high court ruled Wednesday that the state’s independent contractor statute does not apply to real estate sales workers, affirming a decision to toss a suit brought against real estate brokers by sales staff who claimed they were employees under the statute.

  • June 3, 2015

    Private Equity Partner Joins Choate Hall From DLA Piper

    Choate Hall & Stewart LLP has added a former DLA Piper LLP partner to its private equity group who brings 35 years of experience advising venture capital and private equity firms, as well as emerging growth companies.

  • June 3, 2015

    Mass. Court Revives Utility's Cleanup Coverage Claims

    The Massachusetts Appeals Court on Wednesday reversed decisions granting summary judgment to insurers seeking to avoid covering Narragansett Electric Co. for damages associated with pollution dating back to the mid-19th century, finding that a jury should have been allowed to weigh in.

  • June 2, 2015

    NLRB Slams Ikea For Union Interference

    Ikea North America LLC interrogated employees at a Massachusetts store about their union activity and restricted their access to social media, according to a complaint and notice of hearing filed by the National Labor Relations Board.

  • June 2, 2015

    Ex-Telecom Head Asks 1st Circ. For IRS Evidentiary Hearing

    The former head of defunct telecommunications company Global NAPs Inc. urged the First Circuit on Monday to reverse a lower court order upholding an IRS summons in his tax case, saying he should have received an evidentiary hearing in line with U.S. Supreme Court precedent.

  • June 2, 2015

    Warren Blasts White’s 'Disappointing' Tenure Atop The SEC

    Sen. Elizabeth Warren, D-Mass., on Tuesday blasted Mary Jo White’s work as chair of the U.S. Securities and Exchange Commission, saying in her latest high-profile fight that White’s tenure has been “extremely disappointing.”

  • June 1, 2015

    Investment Adviser Hit With $1M Punishment In SEC Cases

    A Massachusetts federal judge imposed a $1 million punishment on Sage Advisory Group LLC and its owner Friday after they were found to have misled numerous clients of a brokerage to bring them to the firm.

  • June 1, 2015

    1st Circ. Asks Mass. Justices To Set Insurance Split Rule

    The First Circuit asked the Massachusetts Supreme Judicial Court in a ruling Friday in a workers' compensation dispute to clarify state law on splitting the bill between two insurers when the policyholder has filed claims with only one of them.

  • June 1, 2015

    State Street Told To Improve Anti-Money Laundering Guards

    The Federal Reserve on Monday ordered State Street Corp. to improve its compliance with anti-money laundering regulations, making the bank the latest to be tagged by the Fed over such issues.

  • May 29, 2015

    Cape Wind Deadline Halted While Mass. Mulls Extension

    Massachusetts has temporarily extended the construction deadline for a $2.6 billion offshore project known as Cape Wind, giving the state's energy siting board more time to consider the embattled project's request for a two-year extension, officials said Friday.

  • May 29, 2015

    Tribe Moves For Quick Win In Martha's Vineyard Gambling Row

    A Native American tribe on Thursday urged a Massachusetts federal judge to shut down the commonwealth’s suit over a gambling project the tribe is pursuing on Martha’s Vineyard, arguing it doesn’t need state government approval now that it has the federal go-ahead on the project.

  • May 28, 2015

    GLPI, KG Given 2 Weeks To Finalize $650M Casino Deal

    Massachusetts gaming regulators on Thursday gave Gaming and Leisure Properties Inc. and KG Urban Enterprises LLC a hard deadline just shy of two weeks away to ink a final deal to fund the developer's $650 million casino or KG Urban will be kicked out of the license bidding process.

  • May 28, 2015

    Internal Microbe Ecology Biotech Seres Eyes $100M IPO

    Seres Therapeutics, a microbiome biotech developing therapies to replace beneficial bacteria in the gut, is looking to raise up to $100 million in an initial public offering as it jumps into a hit-or-miss biotech IPO market.

  • May 28, 2015

    Judge Slams 'Mind-Numbingly Verbose' Fraud Complaint

    A Massachusetts federal judge on Wednesday came down hard on plaintiffs in a suit accusing an asset manager, law firm, hospital and the commonwealth of a far-reaching scheme embezzling from elders and the recently deceased, calling the 293-page amended complaint nearly unreadable.

  • May 26, 2015

    Mass. Suit Over Zogenix Painkiller Restrictions Paused

    A Massachusetts federal judge Tuesday stayed Zogenix Inc.’s suit against the state over its regulatory restrictions on the company’s controversial pure-hydrocodone drug Zohydro, awaiting the U.S. Food and Drug Administration’s final action on the drug’s labeling expected later this year.

  • May 26, 2015

    Mass., Montana Sue SEC To Block New Capital-Raising Rules

    Massachusetts and Montana have both asked the D.C. Circuit to toss portions of the U.S. Securities and Exchange Commission's new capital-raising rules, arguing that they unduly limit the states’ ability to register and review offerings made under the scheme.

  • May 26, 2015

    3 Firms Cry Foul Over Audi Sludge MDL's $15M Fee Award

    Three law firms representing individual class members in multidistrict litigation over oil sludge in Volkswagen AG and Audi AG engines are attempting to reopen a $15.5 million attorneys’ fees award, saying the class's lead counsel should be censured for hiding a fee agreement from the court.