business-and-law4.885 min read
Jury Awards $400,000 to Job Applicant in SHRM Disability Accommodation Suit
9 hours ago•Source: Business Insider
Business And Law News
The latest business and law stories, each synthesized from multiple sources with added background and context.
Featured Business And Law Stories
View original source
2.85 min•13 hours ago
FTC and States Seek Contempt Order Against Martin Shkreli for Pharma Stock Trading
The Federal Trade Commission and seven states have petitioned a federal judge to hold Martin Shkreli in contempt for allegedly violating a 2022 lifetime ban on the pharmaceutical industry. The filing claims Shkreli traded in at least 60 pharma stocks and publicly commented on industry management since his release from prison. Regulators seek forced divestment of his holdings, fines based on trading profits, and potential incarceration for future breaches.
More Top Stories
2
3
Starbucks Faces Federal Suit Over 'Sugar-Free' Protein Drinks Containing Up to 21 Grams of Sugar
ABC News - Breaking News, Latest News and Videos•7 days ago
More Business And Law Stories
"Buffett-Haslam Pilot Trial Called Off by Court"
A Delaware court canceled a billion-dollar trial between Warren Buffett's Berkshire Hathaway and the Haslam family over the valuation of the Haslam's 20% stake in Pilot Travel Centers. The trial was set to resolve a dispute involving accounting methods that affected the stake's value, with accusations of accounting tricks from both parties. The outcome hinged on whether Berkshire was required to obtain the Haslams' consent for an accounting change. The trial's cancellation occurred shortly after the death of Charlie Munger, Buffett's long-term confidante, and was to feature testimony from Buffett's designated successor, Greg Abel.
"Corporate America at a Crossroads: The Escalating Battle Over DEI Initiatives"
A coalition of lawyers and investors is planning to challenge the diversity, equity, and inclusion (DEI) policies of major companies, arguing that these policies may violate corporate law by not hiring the best talent and potentially breaching duties to shareholders. They also suggest that if HR policies are not applied equally across different racial or religious groups, companies could be violating federal employment laws. This movement is an extension of the ongoing debate over free speech and antisemitism on college campuses and represents a new front in the fight against corporate DEI initiatives. The group intends to request HR data from companies to potentially build legal cases.