In recent years, the life science industry has been a primary target for securities fraud class action lawsuits as “nearly one out of every four securities fraud class action lawsuits filed in 2016 was brought against a life sciences company.”1 These fraudulent class action lawsuits have become increasingly common as 2016 highlighted a 70% increase…
Author: Thomas Chmielnik
Amazon’s Quest to Compete with Delivery Services
As delivery costs have continued to skyrocket, some companies such as Amazon, have been developing internal delivery options to compete with major delivery carries such as UPS and FedEx.1 In particular, “Amazon’s shipping costs have accelerated in recent years as sales on its site surge.”2 The primary cause of the increase in costs is “driven…
Interlocking Directorates and Risk to Businesses
As conflicts of interest between Alphabet Inc. and Uber Technologies Inc. have continued to grow, David Drummond, the senior vice president of corporate development of Alphabet, has recently resigned from his board position at Uber.1 Drummond’s resignation “highlights how a little-noticed prohibition against interlocking directorates can cause problems for technology firms and private equity groups.”2…