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National Law Journal

'Strong' Legal Theory or 'Oxymoron'? Experts Eye FTC Antitrust Suit Against Mattress Merger

"The likelihood and degree of potential foreclosure is significant, as shown by Tempur Sealy's internal documents, its past attempts to exclude other suppliers from Mattress Firm, and the projections of third-party investors," the FTC alleges in its antitrust complaint attempting to block the proposed mattress merger.
5 minute read

Corporate Counsel

Robocar Startup Backed by Altman and Gates Hires CLO

JoAnn Covington, who has three decades of Silicon Valley experience, is taking the legal reins of Gldyways, which aims to operate self-driving cars on a dedicated track. apid transit system" with its own dedicated track and robo cars that can carry up to four passengers at a time; a customer experience it likens to "ride hailing, but at public transit prices."
3 minute read

Corporate Counsel

Southwest Airlines Alum Locks Up GC Role at $10B Company

Stacy Cozad has landed her third general counsel post, her second in manufacturing.
3 minute read

New Jersey Law Journal

In Split Ruling, 3rd Circuit Declines to Halt Consumer Fraud Probe of Gunmaker

"The decision shows that Smith & Wesson cannot run to federal court when it did not get its way in state court," Attorney General Matthew Platkin said in a statement.
5 minute read

Corporate Counsel

Legal Exec Well-Versed in Many Industries Joins SPX Technologies as CLO

Cherée Johnson's most recent post was chief legal officer at dental supply giant Dentsply Sirona, a stint that lasted just a year.
3 minute read

Daily Report Online

Mercedes-Benz Hit With Consumer Class Action for Claims of Defective Wheel Configurations

This suit was surfaced by Law.com Radar.
3 minute read

Corporate Counsel

Longtime Lawyer at Hush Puppies Parent Steps Into GC Role at Messy Time

Dave Latchana is taking the legal reins of Wolverine World Wide as it struggles to fend off competition from discount shoe brands.
2 minute read

Corporate Counsel

3 Orthofix Execs Fired for 'Offensive Conduct' Claim Wrongful Termination, Demand Severance

Ex-Chief Legal Officer Patrick Keran, ex-CEO Keith Valentine and ex-Chief Financial Officer John Bostjancic are fighting back, asserting the company has defamed them.
2 minute read

Corporate Counsel

3M Legal Chief Moves Onto Company's Highest-Paid List After Year of Taming Threats

Chief Legal Affairs Officer Kevin Rhodes "drove actions to reduce risk and uncertainty through reduced exposure to litigation and regulatory risk," 3M's compensation committee says in the company's newly filed proxy statement.
2 minute read

Corporate Counsel

Child Labor Probe Hammers Tennessee Factory, Highlighting Risks to Employers From Feds' Stepped-Up Enforcement

The Department of Labor fined Morristown, Tennessee-based Tuff Torq $296,951 and secured a court order requiring it to disgorge $1.5 million—a month of profits—after a January inspection found 10 illegally employed children as young as 14 subjected to "oppressive" conditions.
6 minute read

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