Investors’ Suit Alleges Firm Inflated Stock with Misleading Claims About Its Covid Test June 17, 2020 By Andrew G. Simpson An investor lawsuit against a Utah company alleges its principals falsely claimed its coronavirus diagnostic test was “100% accurate” and...
New Jersey Files Lawsuit Against Trenton, Utility Over Water June 17, 2020 New Jersey’s attorney general and environmental protection department have announced a lawsuit against Trenton and its water utility calling for...
When UK Firms Transfer Pension Obligations to Insurers, They See Share Boost: Report June 17, 2020 Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more...
SUVs More Deadly to Pedestrians Than Passenger Cars, Insurance Study Says June 17, 2020 SUVs are more likely than passenger cars to injure or kill pedestrians, according to a new U.S. insurance industry study...
Appeals Court Strikes Down Trump TV Ad Drug Price Rule June 17, 2020 A U.S. appeals court on Tuesday upheld a ruling that struck down a Trump administration rule that required pharmaceutical companies...
Morgan Stanley Sued by Ex-Diversity Officer Alleging Racial Bias in Firing June 17, 2020 By Elizabeth Dilts Marshall A former Morgan Stanley diversity officer sued the bank on Tuesday, alleging racial discrimination, retaliation and violation of equal pay...
Russia Aims to Complete Nord Stream Gas Pipeline, Despite U.S. Objections June 17, 2020 By Morten Buttler and Patrick Donahue Russia’s Gazprom PJSC has made a request with the Danish government to deploy new vessels in the Baltic Sea for...
China Pacific Insurance Co.’s Shares Rise on $1.8 Billion London Market Debut June 17, 2020 By Huw Jones and Abhinav Ramnarayan Shares in China Pacific Insurance Co. (CPIC) rose on their London debut on Wednesday after the company completed the largest...
UK Insurers Cite Swedish Example in Bid to Dodge Coronavirus Biz Income Payouts June 17, 2020 By Lucca de Paoli Insurers are set to argue against paying out fully on claims made by businesses forced to shut because of the...
Lighthouse Completes Merger with Florida’s Prepared Insurance Co. June 17, 2020 Lighthouse Property Insurance Corp. has completed its previously announced merger plans with sister carrier, Prepared Insurance Co. Lighthouse will assume...