investigation

Infant formula crisis at Abbott: A timeline of what led to a DOJ investigation

Infant formula crisis at Abbott: A timeline of what led to a DOJ investigation

FOX Business’ Lydia Hu reports from Montclair, New Jersey, the latest on the nation’s current formula shortage on “Varney & Co.” Abbott Laboratories, whose Michigan infant formula plant was shut down last year due to contamination concerns, is under investigation by the Justice Department. The investigation comes nearly a year after the factory closed, exacerbating …

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Stanford University law professor Joseph Bankman reportedly hired Sean Hecker of Kaplan Hecker and Fink LLP to represent him

Sam Bankman-Fried’s father lawyer as FTX investigation escalates

The father of disgraced FTX CEO Sam Bankman-Fried has taken on legal counsel as officials examine his ties to the cryptocurrency firm. Joseph Bankman, a law professor at Stanford University, has reportedly hired Sean Hecker of Kaplan Hecker and Fink LLP to represent him, Reuters reported. Hecker, on the firm’s website, is described as “an …

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Internal investigation slams FDA and Biogen for Alzheimer's drug approval

Internal investigation slams FDA and Biogen for Alzheimer’s drug approval

Comment this story Comment Biotech company Biogen and its regulator, the Food and Drug Administration, worked together, ignoring the company’s internal concerns and circumventing the agency’s own written guidelines, to allow the Alzheimer’s disease treatment Aduhelm to receive expedited approval and enter the market at a patient cost of $56,000 a year, according to a …

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Southwest Airlines under investigation as more flights canceled after storm

Southwest Airlines cut thousands of flights again on Tuesday following the massive winter storm that wrecked Christmas travel plans across the United States, and the federal government said it would investigate why the company was so far behind other carriers. A day after most US airlines recovered from the storm, Southwest canceled about 2,600 more …

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NWSL investigation finds foul play at 'vast majority' of clubs

NWSL investigation finds foul play at ‘vast majority’ of clubs

Comment this story Comment This is a developing story and will be updated. The National Women’s Soccer League’s underlying culture has created “fertile ground for fouls to go unreported”, according to a new survey, which found the league’s financial instability and lopsided power dynamics pave the way. the door to rampant abuse across multiple teams …

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Sam Bankman-Fried, Caroline Ellison Retain Top White Collar Lawyers Amid FTX Investigation

Sam Bankman-Fried, Caroline Ellison Retain Top White Collar Lawyers Amid FTX Investigation

Rekt Tech partner Robert Mowry reacts to FTX’s new CEO telling lawmakers on Capitol Hill that the exchange is unlikely to recoup all of its losses. FTX founder Sam Bankman-Fried and Alameda Research CEO Caroline Ellison have each hired top criminal defense attorneys who specialize in white-collar crimes amid ongoing law enforcement investigations. order on …

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Uber settles with Chicago for $10 million after investigation

Uber settles with Chicago for $10 million after investigation

Strategic Wealth Partners COO Tony Zabiegala assesses the tech sector and discusses how inflation could help propel Uber into “The Claman Countdown.” The City of Chicago said Monday it and Uber have reached a settlement worth $10 million in an investigation into the company’s food delivery apps Uber Eats and Postmates. Teleprinter Security Last To …

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EU launches in-depth investigation into Microsoft's proposed acquisition of Activision Blizzard |  VGC

EU launches in-depth investigation into Microsoft’s proposed acquisition of Activision Blizzard | VGC

The European Commission has officially launched an in-depth investigation into Xbox Game Studios (Microsoft) [2,289 articles]” href=”https://www.videogameschronicle.com/companies/microsoft/”>Proposed acquisition of Activision Blizzard by Microsoft [1,158 articles]” href=”https://www.videogameschronicle.com/companies/activision-blizzard/”>Activision Blizzard. As expected, following its initial investigations into the $68.7 billion deal, the European watchdog said on Tuesday it had opened a “phase II” investigation over competition concerns. “The …

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