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Elliott Issues Statement Regarding Successful Outcome of Republic of Korea Arbitration Case

Elliott Awarded Approximately US $108.5 Million Victory for Elliott Shows Harm Done to Investors by Corrupt Relationships between Government Officials, Chaebol Precedent-Setting Decision Should Help Future Investors in Korea WEST PALM BEACH, Fla., June 21, 2023 /PRNewswire/ -- Elliott Investment...

2023-06-21 05:27 2442

CCTV+: Xi dedicated to people-oriented governance in political career

BEIJING, June 19, 2023 /PRNewswire/ -- Storyline： Chinese President Xi Jinping has been dedicated to the cause of making people's life better in his political career so far. With a determination to do good things for people, Xi's political career started in 1982 in northChina's Hebei Province w...

2023-06-19 14:27 1746

Electrolux Group sets provision mainly relating to French antitrust case

STOCKHOLM, May 30, 2023 /PRNewswire/ -- Electrolux Group will set a provision of approximatelySEK 650m in connection to the previously reported investigation of alleged breaches of antitrust rules inFrance between 2009 and 2014. A minor part of the provision relates to settlement of another legal...

2023-05-30 22:10 2178

U.S. District Court dismisses securities claim against Ericsson

STOCKHOLM, May 25, 2023 /PRNewswire/ -- Yesterday, the U.S. District Court for the Eastern District ofNew York dismissed with prejudice the securities litigation against Ericsson (NASDAQ: ERIC) brought by certain shareholders. In its ruling, the court rejected in full the plaintiff's claims that ...

2023-05-25 14:28 2347

New Lawsuit: Revival of Ultra-Luxury Supercar Brand De Tomaso Undone by Fraudulent Scheme

Boies Schiller Represents Carmaker's Former Executive in Litigation Targeting Hong Kong Financier NEW YORK, May 25, 2023 /PRNewswire/ -- A new lawsuit filed today in New York federal court against defendants De Tomaso Automobili Holdings N.A. LLC, its majority shareholder, Sung-Fung "Norman" Ch...

2023-05-25 06:29 2556

Landmark Victory: KPM Analytics Prevails in Trade Secret Misappropriation Trial

WESTBOROUGH, Mass., May 20, 2023 /PRNewswire/ -- KPM Analytics, a global leader in scientific instrumentation and machinery, focused primarily on analyzing critical quality parameters in the food and agricultural industries, is gratified to announce a resounding victory in a recent jury trial con...

2023-05-20 01:40 4014

Magēmā Technology LLC and Rigby Refining LLC Settle Dispute with Wood Group USA

HOUSTON, May 15, 2023 /PRNewswire/ -- Magēmā Technology LLC and Rigby Refining LLC announce: "Magēmā and Rigby Refining have entered into a settlement agreement with Wood GroupUSA to resolve the claims asserted in Rigby Refining, LLC and Magēmā Technology LLC v. Wood GroupUSA, Inc. v. Marea Energ...

2023-05-15 20:00 2350

Cyient executive acquitted in US DoJ case

HYDERABAD, India, May 3, 2023 /PRNewswire/ -- Cyient, a global Engineering and Technology solutions company, today announced that a case brought by the US DoJ against a Cyient executive on grounds of violation of Sherman act for alleged 'No-Poach' agreement, has been dismissed mid-trial by a fede...

2023-05-03 00:10 2244

The Law Office of D. Gill Sperlein: Elon Musk to pay critic Randeep Hothi to settle defamation lawsuit

SAN FRANCISCO, May 2, 2023 /PRNewswire/ -- Tesla CEO Elon Musk has settled a defamation case brought against him by Randeep Hothi, an outspoken critic and independent researcher who published original investigative work casting doubts on many of Tesla's claims about its technological capabilities...

2023-05-02 03:55 2399

The Law Office of D. Gill Sperlein: Elon Musk to pay critic Randeep Hothi to settle defamation lawsuit

U.S. Court of Appeals for the Federal Circuit Affirms Dismissal of Lawsuit Initiated by SAS Institute against Altair (World Programming) for Alleged Copyright Infringement

Altair SLC – alternative SAS language environment – available for companies to embrace modern computing and open-source concepts while leveraging decades of investment they've put into the SAS language TROY, Mich., April 13, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computat...

2023-04-13 19:00 2265

Aquavit Awarded 10M in Damages on Intellectual Property Against Counterfeiters

NEW YORK, March 23, 2023 /PRNewswire/ -- Aquavit Pharmaceuticals, Inc. ("Aquavit") today received a final award in the amount of$10,088,380.72 from the United States District Court for the Southern District of New York. The Honorable Valerie Caproni adopted the Report & Recommendation (R&R) o...

2023-03-23 01:25 2323

CGTN：A look at China's democracy: What is the essence?

BEIJING, March 20, 2023 /PRNewswire/ -- Carrying his fellow villagers' hopes and expectations, Long Xianwen of the Miao ethnic group, headed toBeijing from his remote village in centralChina's Hunan Province in early March, to discuss social and economic development with Chinese leaders and the n...

2023-03-20 11:46 2254

Firmenich confirms anti-trust probes into fragrances sector

GENEVA, March 8, 2023 /PRNewswire/ -- Firmenich, the world's largest privately owned perfume and taste company confirms that onMarch 7th, 2023, certain competition authorities commenced an industry wide investigation into the fragrances sector. As part thereof, unannounced inspections were carrie...

2023-03-08 21:23 2163

U.S. Department of Justice Resolves 2019 Deferred Prosecution Agreement Breaches with Ericsson

STOCKHOLM, March 3, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that it has reached a resolution with the U.S. Department of Justice (DOJ) regarding non-criminal breaches of its 2019 Deferred Prosecution Agreement (DPA). Under the agreement, and as provided for by the DPA, LM Er...

2023-03-03 08:41 4302

Shepherd Smith Edwards & Kantas LLP: Update for Northstar Financial Services (Bermuda) Investors

HOUSTON, Feb. 22, 2023 /PRNewswire/ -- In a February 3, 2022 letter, Northstar Financial Services (Bermuda) Ltd. (in Liquidation) notified shareholders that the substantive hearing of the Segregation Application will occur fromApril 24 to May 2, 2023, at the Supreme Court of Bermuda. It will be a...

2023-02-22 06:20 3489

Ascletis Believes that the Complaints Made by Viking Therapeutics Have No Merit and will Vigorously Defend Against such Complaints

HANGZHOU and SHAOXING, China, Jan. 2, 2023 /PRNewswire/ -- Ascletis Pharma Inc. (HKEX: 1672, "Ascletis") was recently informed that onDecember 29, 2022, Viking Therapeutics, Inc. ("Viking"), a pharmaceutical company inthe United States, filed certain complaints against Ascletis, its founder Dr. J...

2023-01-02 19:24 1924

U.S. Immigration Fund announces another EB-5 Project Loan Repayment - 855 Avenue of the Americas

NEW YORK, Dec. 13, 2022 /PRNewswire/ -- U.S. Immigration Fund (USIF), a USCIS approved EB-5 Regional Center, is pleased to announce that USIF's 855 Avenue of the America's$80 million loan has been fully repaid by the borrower. 855 Avenue of the Americas is a mixed-use 41-story, residential-focuse...

2022-12-13 00:08 3019

Infobird Co., Ltd Announces Receipt of Delinquency Notification Letter from Nasdaq

BEIJING, Dec. 8, 2022 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), ), a leading and long-standing SaaS providers in serving large enterprises in the finance industry in customer engagement with over 10 years of experience inChina, today announced that it receive...

2022-12-09 06:00 3562

Judge Denies Defendants' Motion To Dismiss Moement, Inc.'s Lawsuit Against GrooMore Over Trade Secret Misappropriation and Copyright Infringement Based on Substantial Similarities

LOS ANGELES, Dec. 8, 2022 /PRNewswire/ -- Judge Michael W. Fitzgerald in Los Angeles denied defendants' motion to dismiss a lawsuit against GrooMore, over allegations of trade secret misappropriation and copyright infringement in relation to Moement, Inc., a SaaS company focusing on the pet groom...

2022-12-09 00:00 3072

Renren Provides Update on Special Cash Distribution For Settlement Regarding Shareholder Derivative Litigation

PHOENIX, Dec. 5, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), an operator of several US-based SaaS businesses, today announced an increase in the per share amount to be paid in the special cash distribution, that was announced on November 3, 2022, relating to the set...

2022-12-06 05:30 3359

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