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Chris O'malley

Chris O'malley

August 15, 2024 | Corporate Counsel

$2.6M FTC Settlement With Auto Dealer Accused of Racial Bias Reveals Rift Among Commissioners

"By seeking to ... transform the agency into a general civil rights regulator, the commission risks further politicizing the agency's mission," GOP Commissioner Melissa Holyoak wrote.

By Chris O'Malley

5 minute read

August 14, 2024 | Corporate Counsel

More CEOs May Unleash Buyout Offers, Creating Hornet's Nest of Challenges for Boards

23andMe set up an independent board committee and hired legal and financial advisers to work with it after CEO Anne Wojcicki offered to take the company private.

By Chris O'Malley

6 minute read

August 13, 2024 | Corporate Counsel

Longtime Lawyer Lands Front Man Role in Hard Rock's Legal Dept.

Frank Chesky continued to climb the ladder after joining Hard Rock in 2017 to help open the company's Atlantic City casino.

By Chris O'Malley

2 minute read

August 09, 2024 | Corporate Counsel

Fusion Unicorn Hires Legal Chief Once a Dealmaker for Ron Perelman

Edward Taibi spent nearly 17 years at Perelman's MacAndrews & Forbes Inc., leading more than 20 acquisitions and numerous divestitures.

By Chris O'Malley

3 minute read

August 09, 2024 | Corporate Counsel

Disclosure Flip-Flop by Nuclear Reactor Firm Powers Debate Over SEC Reporting Obligations

NuScale Power found itself having to explain why it stated that it did not believe it was under SEC investigation, even though it had been contacted by the agency seven months earlier and asked to provide a trove of information.

By Chris O'Malley | Greg Andrews

6 minute read

August 07, 2024 | Corporate Counsel

Exiting Kraft Heinz Legal Chief Lands at Estée Lauder, Fulfilling Wish for NYC Post

Rashida La Lande will help the 78-year-old cosmetics giant execute a restructuring plan aimed at rebuilding profits following a dismal 2023.

By Chris O'Malley

3 minute read

August 06, 2024 | Corporate Counsel

Hyper-Aggressive FTC Turns High Beam on Auto Industry's Sales Culture

The agency's latest target is vehicle-service-contract marketer CarShield, which agreed to pay $10 million to resolve allegations of deceptive sales practices.

By Chris O'Malley

5 minute read

August 02, 2024 | Corporate Counsel

Fast-Growing Madrigal Pharma Names Veteran Health Care Lawyer Legal Chief

The Pennsylvania-based company promoted Shannon Kelley to her first general counsel post, just months after the successful launch of a drug to treat liver disease

By Chris O'Malley

3 minute read

August 01, 2024 | Corporate Counsel

Employers Race to File NLRB Petitions to Gain Upper Hand in Union Organizing

The number of so-called RM petitions filed by employers rocketed 2,089%, to 416 petitions, in the last 10 months.

By Chris O'Malley

5 minute read

July 30, 2024 | Corporate Counsel

Conservative Groups Challenge Corporate DEI Initiatives With Recent Success

"It is to be hoped that corporations that enacted illegal and polarizing DEI policies during the last few years will end those policies before they are sued," said Ed Blum of the American Alliance for Equal Rights.

By Chris O'Malley

7 minute read