July 10, 2024 | Corporate Counsel
Harvard Hires Ex-Defense Department GC as Legal Chief at Tumultuous TimeJennifer O'Connor also was a former deputy White House counsel under President Barack Obama.
By Chris O'Malley
3 minute read
July 08, 2024 | Corporate Counsel
As Organ-Transplant Industry Draws Scrutiny, FDA Alleges Eye Bank Accepted Donors With SepsisThe Food and Drug Administration said five donors either had a sepsis diagnosis or showed clinical signs of sepsis. But the Indiana Lions Eye Bank countered that blood cultures from all five tested negative. "There is still only one gold standard for the diagnosis of sepsis, and that is a positive blood culture," it said.
By Chris O'Malley | Greg Andrews
6 minute read
July 03, 2024 | Corporate Counsel
Ex-Senior Apple Lawyer Fined $1.6M for Trading on Inside InformationGene Levoff ended up with a harsher fine in the SEC's civil case than he did in a parallel DOJ criminal case that wrapped up last year with no prison time.
By Chris O'Malley
2 minute read
July 02, 2024 | Corporate Counsel
FTC Says $4B Mattress Merger Would 'Kneecap Competitors'"This deal isn't about creating efficiencies; it's about crippling the competition," said Henry Liu, director of the Federal Trade Commission's Bureau of Competition.
By Chris O'Malley
3 minute read
July 01, 2024 | Corporate Counsel
737 Max Crash Victims' Families Blast Proposed Boeing Punishment as 'Sweetheart Deal'"The plea deal is a complete slap in the face to the victim families," said Peter Reilly, a Texas A&M law professor who is representing families.
By Chris O'Malley
5 minute read
July 01, 2024 | Corporate Counsel
Workers Have New Incentives to Snitch to Feds, Skipping Internal Ethics Hotlines"Could there be certain employees who choose not to report internally because they have a prospect of a whistleblower award at DOJ--yes," said Steve Fagell, a Covington & Burling partner.
By Chris O'Malley
7 minute read
June 28, 2024 | Corporate Counsel
Tractor Supply Abruptly Dumps DEI Programs After Conservative Backlash"We have heard from customers that we have disappointed them. We have taken this feedback to heart," Tractor Supply said in a statement.
By Chris O'Malley
3 minute read
June 27, 2024 | Corporate Counsel
Tractor Supply Co.'s Stock Takes Hit After Activists Bash Its Embrace of DEIRecent attacks on the Brentwood, Tennessee-based retailer underscore the risks faced by companies that seek to cast themselves as champions of diversity, equity and inclusion.
By Chris O'Malley
6 minute read
June 25, 2024 | Corporate Counsel
Financial Firms Hindering Growth by Keeping In-House Lawyers Out of Strategy Meetings, Study Finds"Today's accelerated speed of regulatory and legal change means that business leaders need to boost their ability to track market forces and lean on legal advisers to look ahead," said Raj De, a Mayer Brown partner.
By Chris O'Malley
3 minute read
June 25, 2024 | Corporate Counsel
Ex-SEC Commissioners Fear Agency's AI Regulation Will Be Ham-Handed"Let's not try to use enforcement to cause folks to pull back and not offer these services. I think that's the challenge," said Robinhood Markets legal chief Dan Gallagher, an SEC commissioner from 2011 to 2015.
By Chris O'Malley
6 minute read
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