Burger King Sued Over Whopper Ads Misleading Customers
Burger King Sued Over Whopper Ads Misleading Customers. For years, Burger King’s Whopper has been marketed as a hefty, satisfying burger. But now, the fast-food giant finds itself at the center of a legal battle over just how hefty that burger really is. A federal judge ruled this week that a class-action lawsuit accusing Burger […]
California Sues Trump Over Blocked $5B EV Infrastructure Funds
California Sues Trump Over Blocked $5B EV Infrastructure Funds. California, along with 16 other states, has filed a federal lawsuit against the Trump administration in a major legal battle with wide-ranging implications for state authority, environmental law, and federal oversight. The coalition challenges the Federal Highway Administration’s (FHWA) alleged unlawful withholding of $5 billion in […]
UnitedHealth Group Faces Shareholder Lawsuit Alleging Misleading Disclosures
UnitedHealth Group Faces Shareholder Lawsuit Alleging Misleading Disclosures. UnitedHealth Group, the country’s largest health insurer, is now at the center of a proposed class action lawsuit. A group of shareholders claims the company misled investors by failing to disclose key changes in its business strategy, moves they argue directly led to billions in financial losses. […]
Clifford Chance Advises on Auntea Jenny’s Hong Kong IPO
Clifford Chance Advises on Auntea Jenny’s Hong Kong IPO. Global law firm Clifford Chance has played a key role in the initial public offering (IPO) of Auntea Jenny (Shanghai) Industrial Co., Ltd., a major player in China’s booming freshly-made tea beverage market. The company’s shares began trading this week on the Main Board of the […]
Norton Rose Fulbright Advises Qualitas Energy’s Heelstone Renewable Energy on Acquisition of VIP’s Assets and Team
Norton Rose Fulbright Advises Qualitas Energy’s Heelstone Renewable Energy on Acquisition of VIP’s Assets and Team. Global law firm Norton Rose Fulbright has advised Qualitas Energy and its U.S. platform company, Heelstone Renewable Energy, in a key acquisition that expands the company’s reach and capabilities in the renewable energy sector. Heelstone has acquired a portfolio […]
Baker McKenzie Advises DBS Asia Capital on Vesync Privatization
Baker McKenzie Advises DBS Asia Capital on Vesync Privatization. Baker McKenzie has advised DBS Asia Capital Limited, acting as financial adviser to the offeror, Victory III Co., Ltd, in connection with the privatization of Vesync Co., Ltd. (Stock Code: 2148, “Vesync”). The move was carried out through a scheme of arrangement under section 86 of […]
California Man Sentenced to 12 Years for $17 Million Medicare Hospice Fraud Scheme
California Man Sentenced to 12 Years for $17 Million Medicare Hospice Fraud Scheme. A California man has been sentenced to 12 years in federal prison after admitting to running a years-long scheme that defrauded Medicare out of more than $17 million through sham hospice companies and a home health care business. Petros Fichidzhyan, 44, of […]
Diageo Faces Class Action Lawsuit Over “100% Agave” Tequila Claims for Casamigos and Don Julio
Diageo Faces Class Action Lawsuit Over “100% Agave” Tequila Claims for Casamigos and Don Julio. Global beverage leader Diageo North America is now facing a high-profile class action lawsuit filed in the U.S. District Court for the Eastern District of New York. The suit alleges that the company falsely marketed its Casamigos and Don Julio […]
Columbia University Cuts Nearly 180 Staff After Federal Grants Pulled Over Antisemitism Concerns
Columbia University Cuts Nearly 180 Staff After Federal Grants Pulled Over Antisemitism Concerns. Columbia University is laying off nearly 180 staff members, a direct consequence of the Trump administration’s decision to revoke $400 million in federal grants earlier this year. The administration has accused the university of failing to protect Jewish students from antisemitic harassment, […]
Hogan Lovells Advises ICM Group on €25 Million Dual Bond Issuance
Hogan Lovells Advises ICM Group on €25 Million Dual Bond Issuance. Hogan Lovells has advised ICM S.p.A. (ICM), a leading Italian construction company, on a €25 million dual bond issuance. The firm also advised Banca Finint, which acted as arranger, and the investors involved in the transaction. The proceeds from the bonds will help fund […]
Kirkland & Ellis Advises Rotunda Capital Partners on Closing of $735 Million Fund IV
Kirkland & Ellis Advises Rotunda Capital Partners on Closing of $735 Million Fund IV. Kirkland & Ellis has advised Rotunda Capital Partners on the final close of Rotunda Capital Partners Fund IV, L.P., which raised $735 million in total capital commitments, far surpassing its original $550 million target. The fund attracted strong interest from both […]
Credit Suisse Services AG Pleads Guilty to $4 Billion Tax Evasion Scheme
Credit Suisse Services AG Pleads Guilty to Tax Crimes, Agrees to Pay Over $510 Million in U.S. Settlement. Credit Suisse Services AG has pleaded guilty to conspiring to help U.S. taxpayers conceal more than $4 billion from the Internal Revenue Service through at least 475 offshore accounts. The plea marks the culmination of an extensive […]