A group representing nearly 800 licensed taxicabs in Boston argued Friday that Uber Technologies Inc. should not be able to escape antitrust claims from before last year by pointing to a 2016 state law that differentiates mobile-hailed car services.
The U.S. Securities and Exchange Commission asked a Massachusetts federal judge Friday to levy a $13 million penalty on the ex-CEO of defunct stock-picking company F-Squared after a jury found him liable for lying about his company’s flagship investment product’s actual track record.
Senate Minority Whip Dick Durbin, D-Ill., ranking member of the immigration subcommittee, and 19 other Senate Democrats sent a letter Thursday to Secretary of Homeland Security nominee Kirstjen Nielsen asking if she’d advocate for legislation that protects young immigrants living in the country illegally from deportation.
Shares of venture-backed e-commerce startup Stitch Fix Inc. barely gained on Friday after pricing a downsized $120 million initial public offering, making it one of five issuers spanning the technology, real estate, banking and life science sectors to debut on public markets.
A Massachusetts federal judge greenlit a deal Friday resolving the U.S. Securities and Exchange Commission’s allegations that a former NFL player, his business partner and three companies they founded together ran a $31.7 million Ponzi scheme that involved convincing investors they were helping provide short-term loans to professional athletes.
Two men have admitted to running a sports betting, money laundering and loan sharking setup out of a Springfield, Massachusetts, sports bar, the state attorney general said Friday.
Fifteen states and the District of Columbia urged the Fourth Circuit to preserve a Maryland federal court’s block on President Donald Trump’s travel ban preventing nationals of several predominantly Muslim countries from entering the U.S., saying the restrictions hurt tourism and recruitment of international talent.
The Children’s Hospital Association urged the First Circuit on Thursday to uphold several New Hampshire hospitals’ win in a dispute over the alteration of a Centers for Medicare & Medicaid Services reimbursement policy, saying a reversal would have “far-reaching and harmful impacts” to children’s health organizations.
A transgender woman sued the Massachusetts Department of Correction on Wednesday to seek a transfer out of a men's prison, saying that her gender dysphoria has been inadequately accommodated and she has been subjected to discrimination and harassment.
Insys Therapeutics Inc. founder John N. Kapoor pled not guilty on Thursday to orchestrating a national scheme to bribe doctors to needlessly prescribe his company’s unique and powerful opioid painkiller that is sprayed under the tongue.
A Massachusetts federal judge on Thursday refused to trim a lawsuit alleging insider trading by two former employees of Akebia Therapeutics Inc. and Merrimack Pharmaceuticals Inc.
Online financial planning platform Jianpu Technologies Inc. said Thursday it raised $180 million after pricing 22.5 million shares at $8 each — below its projected range of $8.50 to $10.50 — representing the latest Chinese financial technology firm to complete a U.S. IPO.
The National Football League urged a Massachusetts federal court Wednesday to pause a lawsuit filed by Aaron Hernandez’s daughter over his late-stage chronic traumatic encephalopathy pending a panel decision about whether to transfer the case to multidistrict litigation.
VisionAid Inc.'s insurance carrier doesn't have to pay for a lawyer of the company's choice to handle its defense of a fired executive's discrimination suit, the First Circuit ruled on Wednesday, rejecting VisionAid's contention that the attorney previously appointed by the insurer has a conflict of interest.
The Trump administration on Wednesday launched its latest salvo in its bid to challenge so-called sanctuary cities, sending warning letters to communities in states including California, Massachusetts and New York that it suspects are violating federal immigration law.
A woman was arrested on Tuesday on newly unsealed charges that she made false statements on her naturalization application, which she denied at a subsequent arraignment.
A Massachusetts federal judge on Tuesday granted class certification to a group of investors claiming Aveo Pharmaceuticals Inc. misled them about concerns the U.S. Food and Drug Administration had about the company’s kidney cancer drug.
A company that operates a website allowing consumers to review auto dealers launched a lawsuit in Massachusetts federal court Tuesday seeking to block another company from using a mark it calls “confusingly similar” to its own DealerRater mark.
NFS Leasing Inc. has won $5.7 million in damages from an executive whose Wi-Fi supply company defaulted on a lease agreement for supplying Wi-Fi to sports arenas, according to filings in Massachusetts federal court Wednesday that show the company owes nearly $8.1 million as well.
A veteran organizer of Boston’s service industry union agreed on Wednesday to plead guilty to embezzling more than $170,000 over five years.
A Massachusetts federal judge's recent decision in Singer v. Newton showed substantial deference to Federal Aviation Administration regulations, highlighting the tension between local, state and federal governments over drone regulation. It may impact the consideration of bills pending before Congress, say attorneys with Baker McKenzie.
Financial Crisis Anniversary
After nearly a decade of recession-accelerated change in the legal industry, “merit-based” compensation has largely come to mean measuring attorney success using some combination of origination and working attorney hours metrics. However, there are signs that the real impact of the recession is still around the corner, and that building a book isn’t enough, says Peter Zeughauser of Zeughauser Group.
New legislation aimed at closing the pay gap between men and women may undo business practices that, even if benevolently motivated, result in disparate pay. Despite this laudable objective, these laws create a litany of challenges for employers and may necessitate a wholesale revision of policies and practices related to employee compensation, says Charles Thompson of Polsinelli.
Critics of legal tech companies will often say, “Trust a reputable attorney that understands you, your situation and the law.” As an attorney, I wholeheartedly agree. But from the consumer’s perspective, the message seems out of touch with the digital age, says Jeff Unger, founder of the law firm eMinutes.
Life sciences and health care companies nationwide are being sued by shareholders far more frequently this year, but the good news for such companies in Massachusetts is that after several years of issuing no significant decisions in securities class actions, the First Circuit has now issued several favorable dismissals, say Caroline Bullerjahn and Deborah Birnbach of Goodwin Procter LLP.
Financial Crisis Anniversary
State attorneys general have worked with the Consumer Financial Protection Bureau, other federal agencies and each other to take on issues deemed to be the fallout of the financial crisis that started 10 years ago. But unlike the CFPB, the jurisdiction of which is limited, the AGs have assumed a wider reach, say former Maryland Attorney General Douglas Gansler and Michelle Rogers of Buckley Sandler LLP.
True pharmaceutical innovation that results in improved clinical outcomes may be cost-increasing in terms of budget impact, while still providing great value in terms of cost effectiveness. Massachusetts policies should find ways to pay for the pharmaceutical innovation instead of forcing manufacturers to accept lower prices for cost-effective innovations, says Noam Kirson of Analysis Group Inc.
If Superstorm Sandy had coincided with Boston’s high tide by a mere five hours, many neighborhoods in Boston and Cambridge would have flooded. As we approach the fifth anniversary of Superstorm Sandy and reflect on the devastating impacts of recent hurricanes, it is critical to understand what would have happened if one of those storms had taken a slightly different route, says Ruth Silman, managing partner of Nixon Peabody LLP's Boston office.
The recent enactment of laws permitting the cultivation and sale of recreational marijuana in Massachusetts commencing in July 2018 have created great opportunities for real estate owners and developers, and also great risks. By including certain provisions in their leases, landlords can at least mitigate many of those risks, says William Moorman Jr. of Patridge Snow & Hahn LLP.
Looking at academic research and the impact of marijuana legalization on opioid use, adolescent marijuana use and crime in other states may hint at what effects recent changes in Massachusetts' marijuana laws will have, say analysts with Analysis Group Inc.