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.
July 15, 2024 | Law.com
Report: Securities Fraud Losses Claimed Balloon in First Half of 2024The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.
By Ellen Bardash
3 minute read
July 03, 2024 | Delaware Business Court Insider
Novo Nordisk Seeks Patent Litigation Barrier to Ozempic GenericThe Ozempic manufacturer, represented in both cases by Fenwick & West, filed one complaint on Wednesday in the District of Delaware, then filed a nearly identical one in the Northern District of West Virginia.
By Ellen Bardash
2 minute read
July 02, 2024 | Delaware Business Court Insider
Mike Huckabee Targets Meta With Lawsuit Over Unauthorized Ads for CBD GummiesThe lawsuit, filed July 1 by Poynter Law Group and Bellew LLC, alleges Meta profited from ads that falsely stated Huckabee—an opponent of legalized cannabis—was struggling with health issues and using Fortin CBD products for his symptoms.
By Ellen Bardash
2 minute read
June 28, 2024 | Delaware Business Court Insider
Supreme Court Reinstates Early Voting Laws, Finding Lack of Standing for ChallengersThe decision, written by Justice Gary Traynor and released on June 28, is a win for the Munger, Tolles & Olson team that worked with the Delaware Department of Justice.
By Ellen Bardash
3 minute read
June 27, 2024 | Delaware Business Court Insider
Jennings Announces DOJ Promotions, Including New Chief Deputy AGDelaware Attorney General Kathy Jennings named state prosecutor Dan Logan to the post of chief deputy attorney general.
By Ellen Bardash
3 minute read
June 25, 2024 | Delaware Business Court Insider
FTX Creditors to Vote on Plan Liquidating 'Mind-Boggling' AssetsSeveral parties argued the disclosure statement that's part of the plan didn't meet the legal standard for approval, but Judge John T. Dorsey overruled their objections.
By Ellen Bardash
3 minute read
June 21, 2024 | Law.com
Lawsuit Says Nike Officers Misled Shareholders Over Direct-to-Consumer Sales StrategyThe shareholder proposes a class of those who purchased Nike Class B stock between March 2021, when Nike announced its third quarter financial results, and March 2024, when it was announced Nike would be scaling back on its direct-to-consumer strategy.
By Ellen Bardash
2 minute read
June 18, 2024 | Delaware Business Court Insider
Rare Opposition to Proposed Del. Corporate Law Changes Is Voiced to House CommitteeThe current proposal has spurred pushback well beyond the norm, with 50 law professors sending a letter to legislators urging them to reconsider passing the bill and instead leave the questions raised by Moelis to be addressed on appeal by the Delaware Supreme Court.
By Ellen Bardash
5 minute read
June 14, 2024 | Delaware Business Court Insider
Court Battle Over Musk's Compensation Is Far From Over, Even After Ratification Vote, Experts SayThe vote doesn't negate the Delaware Chancery Court's decision faulting the process by which Tesla's board originally approved the CEO's pay package.
By Ellen Bardash
3 minute read
June 13, 2024 | Delaware Business Court Insider
'The Preposterous Has Become Reality': Chancery Filings Continue to Target Musk, Tesla BoardComplaints in Delaware court allege that Elon Musk sought to take AI-related projects elsewhere if he could not maintain a 25% equity stake in the electric car manufacturer.
By Ellen Bardash
3 minute read