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Can AI Provide the Magic Medicine for Corporate Cutting?
Spotify announced this week, through a very public memo to its employees, its plan to layoff about 17% of its workforce. In so doing, Spotify joins a number of other technology companies that have recently announced restructuring plans on the heels of overly robust pandemic-driven hiring….By: Mintz
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Strategies to Transform Your Compliance Program with Technology – #1: Champion(s)
Regulatory Technology (RegTech) has come a long way in recent years. Artificial intelligence (AI) technologies like machine learning, natural language processing (NLP), and robotic process automation (RPA) are being integrated into compliance technology at an increasing rate, enabling better data sharing and communication among different systems. RegTech platforms are also being consolidated and interconnected to…
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FDA Issues Small Entity Compliance Guidance for Yogurt Standard of Identity
SOI sets new requirements for labels and ingredients, including for minimum dairy amount and bacterial cultures; compliance deadline is January 1, 2024 The U.S. Food and Drug Administration (FDA) announced the availability of a Small Entity Compliance Guide (SECG) to help manufacturers comply with the FDA’s final rule modernizing the standard of identity (SOI) for…
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Laying the Groundwork for Future Shadow Trading Enforcement
The U.S. Securities and Exchange Commission (SEC) established the idea of shadow trading as a punishable offence in 2021 with a case against a pharmaceutical company executive for trading in a competitor’s stock ahead of a merger. The case focuses on insiders with non-public information trading in competitor’s or closely aligned companies’ stock to evade…
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Tile Manufacturer Denied Summary Judgment in NYCAL
Court: Supreme Court of New York, New York County – In this asbestos action, plaintiff Peter Marino alleged he was exposed to asbestos from floor tiles manufactured by defendant, The Goodyear Tire & Rubber Company. Goodyear moved for summary judgment, arguing it could not have caused or contributed to plaintiff’s injury….By: Goldberg Segalla
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Corporate Representative Affidavit Found Insufficient in Connection with NYCAL Summary Judgment Motion
Court: Supreme Court of New York, New York County – In this asbestos action, decedent Willie Hollingsworth alleged he was exposed to asbestos from valves manufactured by Clow. Defendant McWane Inc., on behalf of its unincorporated division Clow Valve Company, moved for summary judgment….By: Goldberg Segalla
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Caulk and Plaster Manufacturer Denied Summary Judgment in NYCAL
Court: Supreme Court of New York, New York County – In this asbestos action, decedent Jose Munoz alleged that he was exposed to asbestos from caulk and plaster manufactured by defendant DAP….By: Goldberg Segalla
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What to Expect in a Florida Boating Accident Case
When you go out for a day on the water, the last thing you expect is to end the day dealing with the aftermath of a boating accident. But, these accidents happen far more often than they should, and many boat captains and passengers find themselves suddenly and unexpectedly dealing with life-altering injuries….By: Searcy Denney…
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Sixth Circuit validates challenge to PFAS class – demands greater specificity in pleading standards for causation
On November 27, a landmark PFAS decision by the Sixth Circuit effectively dismissed a statewide class action for lack of standing. This potentially sets the stage for a new era of PFAS litigation, where historically general and conclusory allegations by PFAS plaintiffs must be substituted with particularized pleadings connecting each defendant to the detected PFAS…
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U.S. Vetoes Gaza Cease-Fire Resolution at U.N. Security Council
The veto came amid a warning that “civil order is breaking down” in Gaza, and a day after the Biden administration warned that Israel’s military had not done enough to reduce harm to civilians.