Merck on the Defensive as Lawsuit Emerges to Halt Keytruda's New Version Launch
In a significant legal development, pharmaceutical giant Merck is confronting a lawsuit filed by a competitor that aims to impede the upcoming release of a more user-friendly formulation of its renowned cancer immunotherapy, Keytruda. This new version has been optimized for easier administration, raising competitive stakes in an already fiercely contested market.
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Judge Greenlights Carl Icahn's Lawsuit Over Abandoned Nevada Mall Project
In a noteworthy legal development, a Nevada judge has decided to allow billionaire investor Carl Icahn's lawsuit concerning the failed development of a mall in the state to move forward. This ruling marks a significant step for Icahn, who has alleged that the project, originally envisioned as a luxury shopping destination, was marred by mismanagement and disputes over legal obligations.
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Small Businesses Challenge Trump's Tariff Justifications in Court
In a surprising legal twist, several small companies have stepped forward to contest the rationale behind former President Donald Trump’s controversial tariffs, initiated during his administration. This lawsuit, filed in a U.S. court, asserts that the tariffs—particularly the sweeping levies imposed on imported goods—are not only harmful to small businesses but are also lacking in legal merit.
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Trump's Defamation Lawsuit Dismissed: Central Park Five Case Continues
In a significant legal development, a New York judge has ruled against former President Donald Trump in his attempt to terminate a defamation lawsuit filed by the Central Park Five. This lawsuit stems from Trump's controversial statements made during the early 1990s regarding a high-profile crime in Central Park, for which five Black and Latino teenagers were wrongfully convicted.
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Byju’s Leadership Faces Legal Challenge Amid Claims of Missing Funds
In a dramatic twist for the Indian ed-tech giant Byju’s, a group of US lenders has filed a lawsuit targeting the company’s founder, Byju Raveendran, his wife, and a key aide, amid serious allegations of misappropriated funds. The legal action underscores the ongoing turmoil within Byju's, which has struggled with financial instability and governance issues over the past year.
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Elon Musk Fails to Appear for Deposition in Ongoing Investor Lawsuit Over Twitter Acquisition
In a significant development within the ongoing legal disputes stemming from Elon Musk's contentious acquisition of Twitter, or X as it is now known, the billionaire entrepreneur did not attend his scheduled deposition on April 6 as part of a lawsuit brought by investors. The lawsuit alleges that Musk misled investors regarding his intentions with the social media platform, contributing to financial losses resulting from his actions surrounding the buyout.
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Blackfeet Nation Challenges Trump’s Tariffs in Court: A Fight for Justice and Fair Trade
In a significant legal development, the Blackfeet Nation has initiated a lawsuit in response to tariffs implemented by former President Donald Trump on Canadian lumber products. This legal action underscores the ongoing repercussions of Trump’s trade policies, particularly on Native American tribes who are grappling with the financial fallout from these tariffs.
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TikTok's New Ownership Faces a Wave of Legal Challenges Over Safety and Privacy
In a significant development for one of the world's most popular social media platforms, TikTok's new owner is set to inherit a staggering array of legal troubles. Reports indicate that the company could become the target of around 1,500 ongoing legal suits related to safety and privacy issues inherited from its previous management. This situation raises important questions about the platform's future and its approach to user data protection.
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Former Barclays CEO James Staley's Defense in Epstein Case: No Deliberate Lies, Says Lawyer
In a notable legal confrontation, James Staley, the former CEO of Barclays, finds himself embroiled in a lawsuit regarding his connections to Jeffrey Epstein, the late financier and convicted sex offender. During a court session, Staley's attorney asserted that the ex-CEO did not intentionally mislead anyone about his relationship with Epstein, framing the defense as a clear rejection of wrongdoing.
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Bridgewater Associates CEO's Romantic Involvement Sparks Lawsuit Sent to Arbitration
In a significant turn of legal events, Bridgewater Associates, the renowned hedge fund firm founded by Ray Dalio, is embroiled in a lawsuit that delves into the personal life of its CEO, David McCormick. The lawsuit, which has now been assigned to arbitration, focuses on allegations relating to McCormick's romantic relationship, purportedly raising questions about workplace conduct and company ethics.
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