Jamille Sutton

July 22, 2014 | The American Lawyer

In its effort to ward off a $53 billion hostile takeover, Allergan Inc. allegedly made false and misleading statements about Valeant Pharmaceuticals International Inc.'s business over the past few months, Valeant reported to the Securities and Exchange Commission and regulators in Canada.

By Jamille Sutton

2 minute read

July 22, 2014 | The American Lawyer

Newell Rubbermaid agreed to buy Chicago-based Ignite Holdings LLC, which produces reusable water bottles and travel mugs, from private equity firm North Castle Partners, the company announced on Monday.

By Jamille Sutton

2 minute read

July 22, 2014 | The American Lawyer

Hedge fund Elliot Management Corporation has taken a $1 billion stake in EMC Corp. and is now pushing the computer storage company to spin off software maker VMware, people familiar with the matter told The Wall Street Journal.

By Jamille Sutton

2 minute read

July 21, 2014 | The American Lawyer

The Securities and Exchange Commission has charged the chief executive officer of a penny stock biopharmaceutical company with deceiving investors by publishing press releases about the success of a vaccine development company that was actually tanking, the agency said Friday.

By Jamille Sutton

2 minute read

July 21, 2014 | The American Lawyer

Forbes Media LLC announced Friday that it will sell a majority stake in the company to Hong-Kong based Integrated Whale Media Investments, a group of international investors, Forbes reports.

By Jamille Sutton

3 minute read

July 21, 2014 | The American Lawyer

The Financial Industry Regulatory Authority will form an arbitration task force of 13 lawyers, academics, industry officials and investor advocates in order to enhance the transparency, objectivity and efficiency of the agency's securities arbitration forum, FINRA announced on Thursday.

By Jamille Sutton

2 minute read

July 18, 2014 | The American Lawyer

Although some had expected the much-anticipated initial public offering of Alibaba Group to happen in the first week of August, the Chinese e-commerce company is now planning to go public sometime after Labor Day, a person briefed on the matter told The New York Times reports.

By Jamille Sutton

2 minute read

July 18, 2014 | The American Lawyer

International cable company Liberty Global said on Thursday it has purchased a 6.4 percent stake in the British free-to-air commercial broadcaster ITV.

By Jamille Sutton

2 minute read

July 18, 2014 | The American Lawyer

The House of Representatives approved a spending bill on Wednesday that falls short of the funding request for Securities and Exchanges Commission to improve its investment adviser oversight, Investment News reports.

By Jamille Sutton

2 minute read

July 17, 2014 | The American Lawyer

Alibaba Group Holding Ltd. agreed to reduce the number of shares that Yahoo Inc., one of its biggest stakeholders, is required to sell in the Chinese e-commerce company's initial public offering, The New York Times reports.

By Jamille Sutton

2 minute read