Ellen Bardash is ALM's reporter covering Delaware litigation for Delaware Law Weekly and Delaware Business Court Insider. She can be contacted at [email protected], on Twitter @Dellenware or on Threads @ellenbardash.
February 24, 2021 | Delaware Business Court Insider
Twitter Shareholder Suit Slams CEO for Conflict of Interest, Privacy ConcernsThe complaint filed by attorney P. Bradford deLeeuw and with Berman Tabacco attorneys of counsel accuses Jack Dorsey, who is CEO of both companies, of giving Square and other advertisers access to data Twitter users thought was private with the aim of generating revenue for both Twitter and Square.
By Ellen Bardash
4 minute read
February 23, 2021 | Delaware Law Weekly
Revived Case of Insurance CEO Alleging Tax Scheme Losses Sent to DelawareAn Illinois federal judge sided with a bank defendant in finding the case couldn't move forward there, but found there were jurisdictional reasons to aallow the case to be transferred to the District of Delaware.
By Ellen Bardash
4 minute read
February 19, 2021 | Delaware Law Weekly
Legal Changes Aimed at Curbing Gun Violence High Priority in Delaware LegislatureTwo bills and one resolution have been proposed so far, and earlier this week, Delaware Attorney General Kathy Jennings released a list of legislative priorities, nearly half of which involves regulating gun possession.
By Ellen Bardash
4 minute read
February 16, 2021 | Delaware Business Court Insider
Kidney Drug Developers Should Have Warned Investors of FDA Issues, Shareholder SaysA complaint filed against Tricida Inc. and its directors Monday in the District of Delaware says the company touting its drug candidate as likely to be approved in August, then giving word parts of the drug application were deficient, led to share prices dropping from over $26 to less than $4 in the span of a few months.
By Ellen Bardash
3 minute read
February 16, 2021 | Texas Lawyer
Sutarwalla Named by Paxton to Serve as Texas' Deputy Attorney General for Legal CounselAfter earning two undergraduate degrees from the University of Texas and graduating from the University of Chicago's law school, business-focused attorney Murtaza Sutarwalla was an associate with both Clifford Chance and Latham & Watkins before founding his own firm.
By Ellen Bardash
2 minute read
February 12, 2021 | New York Law Journal
Amazon Fires Back at NY AG James in Complaint, Saying Health Precautions Exceeded State StandardsThe complaint, filed in the Eastern District of New York in response to James' list of demands sent after an investigation and two Amazon employees' claims that they were retaliated against, claims federal regulators have authority over workplace safety and retaliation claims, respectively—not the attorney general's office.
By Ellen Bardash
5 minute read
February 11, 2021 | Delaware Business Court Insider
Following Bias Accusations, Lawsuit Seeks Corporate Policy Changes at PinterestA shareholder plaintiff alleged that CEO and President Benjamin Silbermann, CFO Todd Morgenfeld and seven other board members kept company leadership an all-white "boy's club." The lawsuit demanded extensive changes to company bylaws.
By Ellen Bardash
7 minute read
February 10, 2021 | The Recorder
California Attorney Accused in SDNY of Defrauding Investors Out of $4.5 MillionThe lawyer, according to the criminal complaint, allegedly maintained a facade to defraud investors by coming up with excuses not to meet with them and using other peoples' names without permission, in order to give the appearance that his businesses had other employees.
By Ellen Bardash
3 minute read
February 10, 2021 | Delaware Business Court Insider
Shareholders Say Auto-Racing Video Game Developer Played Them in Deal Before IPOIn a complaint filed Monday in the District of Delaware, HC2 Holdings 2 Inc. and Continental General Insurance Co. allege majority shareholder Motorsport Games Inc. portrayed 704Games Company as being unprofitable and bought out their shares for $1.2 million, then months later went public with shares trading at more than 170 times that buyout value.
By Ellen Bardash
3 minute read
February 05, 2021 | Delaware Business Court Insider
Robinhood Isn't Expected to Be Sued In Delaware Court Soon, if EverRobinhood's customers, not shareholders, are currently the ones upset with the company to the point of taking legal action over January's run on GameStop and other stocks.
By Ellen Bardash
5 minute read
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