![Businesss collaborations concept. Vector of businesspeople reaching an agreement after successful negotiations. Credit: Feodora/Adobe Stock](http://images.law.com/contrib/content/uploads/sites/405/2022/07/Mergers-and-Acquisitions-767x633-1.jpg)
Deal Watch: As M&A Slows, Dealmakers Mindful of Earnings Reports Ahead
Amazon.com has agreed to acquire San Francisco-based One Medical for $3.9 billion.
July 25, 2022 at 03:42 PM
5 minute read
Health CareThe original version of this story was published on The American Lawyer
Corporate activity has continued at a slower pace this summer, with only a few deals over $1 billion in the last week and a lack of new SPACs or SPAC mergers.
Weighing on the minds of many dealmakers now is the fact that a full third of the S&P 500 will be reporting earnings in the next several days, with some of those projections expected to be anything but rosy.
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Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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