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Nike co-founder puts $1.32 billion into trusts
ATLANTA AP - Nike chairman and co-founder Phil Knight placed about $1.32 billion in stock in three trusts, according to a filing with the Securities and Exchange Commission Wednesday.Knight placed 20 million shares into the trusts. He still has about 65.7 million shares, worth about $4.35 billion, according to the filing.Yale Honors BigLaw Pamjamdrum With Honorary Degree
Citi Inks $590 Million Settlement over CDO Disclosures
Just when we were getting used to a trickle of relatively anemic securities class action settlements tied to the mortgage meltdown, U.S. District Judge Sidney Stein in Manhattan preliminary approved a $590 million class settlement for investors that bought Citi shares between February 2007 and April 2008.
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New Jersey Business Litigation 2025
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Enforcing a Claimant's Right to Medical Benefits
Section 306(f.1) of the Pennsylvania Workers' Compensation Act provides rules for the submission of medical expenses that need to be followed by medical care providers, claimants and insurance carriers. Unfortunately, the statutory requirements of Section 306(f.1) are frequently used by carriers to make it difficult for injured workers to receive necessary medical care.Madness over a Muncie, Ind., museum jars the senses
William W. Bedsworth Henry David Thoreau once said, "It is not worthwhile to go around the world to count the cats in Zanzibar." It's a good thing Thoreau didn't know my mother. If he had, he never would have spent all that time hanging out at Walden Pond. He would have gone to Zanzibar, seen the cats, and dropped the writing thing like a hot rock.
Alleging Facebook Bullying, Lawyer Files Libel Suit on Behalf of Daughter
Houston lawyer Jason M. Medley has filed a libel suit on behalf of his daughter against three middle-school students who allegedly posted a "derogatory" video of her on the social networking site Facebook. Medley had this to say about the suit: "My goal to protect my daughter, not to make greater publicity over an event that was harmful to her."Guidant Subsidiary to End Production of Aortic Graft
A subsidiary of medical device manufacturer Guidant Corp. is ending production of an aortic abdominal graft, only days after the unit pleaded guilty to criminal charges for covering up problems involving the product that may have led to 12 deaths. Endovascular Technologies pleaded guilty to 10 felonies last week, including shipping misbranded products and making false statements to government regulators.Trending Stories
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