American Science and Engineering (ASEI) Receives Subpoena from GSA Over Contractual Agreements Apr 24, 2015 02:04PM

American Science and Engineering (NASDAQ: ASEI) disclosed the following on Friday:

On April 17, 2015, we received a subpoena from the Office of the Inspector General of the U.S. General Services Administration (“GSA”), relating to an investigation by the GSA and the Department of Defense of our compliance with the terms and conditions of our contractual arrangements with the GSA. We intend to cooperate fully in the investigation. We are unable at this time to predict... (continue reading...)

Cipher Pharma (CPHR) Issues Positive Update on Ranbaxy Markman Hearing Apr 24, 2015 08:21AM

Cipher Pharma (Nasdaq: CPHR) announced that the Court has issued an opinion in the claim construction hearing (commonly referred to as a "Markman hearing") for the patent infringement suit by Ranbaxy Inc., Ranbaxy Pharmaceuticals Inc., ("Ranbaxy", a Sun Pharma Company, Galephar Pharmaceutical Research Inc., and Cipher against Watson Laboratories, Inc. ("Watson", now Actavis plc, NYSE: ACT) related to Watson's Abbreviated New Drug Application (ANDA) for a generic version... (continue reading...)

American Superconductor (AMSC) Announces Date for Trade Secret Case; Updates on Copyright Infringement Case Apr 23, 2015 12:08PM

American Superconductor (NASDAQ: AMSC) announced that the first substantive hearing of the $450 million trade secret case is expected to be heard in the Beijing No. 1 Intermediate People's Court on or about May 11, 2015. Additionally, today AMSC announced that its $6 million software copyright infringement case was dismissed by the Beijing No. 1 Intermediate People's Court. AMSC will immediately appeal the case to the Beijing Higher People's Court. This case, along with... (continue reading...)

UPDATE: Deutsche Bank (DB) Will Pay $2.5B to Resolve LIBOR Probe - NYDFS Apr 23, 2015 08:01AM (Updated - April 23, 2015 8:01 AM EDT)

Deutsche Bank (NYSE: DB) will pay $2.5 billion to resolve LIBOR probes, according to the NYDFS.

UPDATE - More from the NY Department of Financial Services:

Benjamin M. Lawsky, Superintendent of Financial Services, announced today that Deutsche Bank will pay $2.5 billion, terminate and ban individual employees who engaged in misconduct, and install an independent monitor for New York Banking Law violations in connection with the... (continue reading...)

InterDigital (IDCC) Says Jury Found No Patent Infringement in Trial Against ZTE Apr 22, 2015 05:18PM

InterDigital, Inc. (Nasdaq: IDCC), a wireless research and development company, today announced that a jury verdict in the U.S. District Court for the District of Delaware found no infringement of one of the company's patents -- U.S. Patent Number 7,941,151 (the "'151 patent"). In an earlier trial in October 2014, a jury found that ZTE 3G and 3G/4G devices had infringed U.S. Patent Numbers 7,190,966 and 7,286,847 (collectively referred to as the "Power Ramp-Up Patents")... (continue reading...)

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Apr 22, 2015 12:51PM UPDATE: Deutsche Bank (DB) Announces EUR 1.5B Litigation Expense in Q1
Apr 22, 2015 09:14AM Trinity Industries (TRN) Declines on Report of Guardrail-Related Criminal Probe
Apr 22, 2015 08:33AM Teva Pharma (TEVA) Files HSR Notification Regarding Proposed Acquisition of Mylan (MYL)
Apr 22, 2015 07:37AM Orexigen Therapeutics (OREX) Confirms Receipt of Paragraph IV Certification Notice
Apr 22, 2015 07:36AM ARIAD Pharma (ARIA) Issued Brigatinib-Related U.S. Patent
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Apr 21, 2015 04:54PM Synaptics (SYNA) Sues, BLU Products, Goodix Over Patent Infringement
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Apr 21, 2015 10:06AM SEC Suspends Trading in ForceField Energy (FNRG)
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Apr 21, 2015 08:00AM Nasdaq Halts Trading of ForceField Energy (FNRG) Following Arrest of Former Chair, St-Julien
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Apr 20, 2015 10:48AM ForceField Energy (FNRG) Ex-Charman Said to Be Charged with Securities Fraud Conspiracy - Bloomberg
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Apr 16, 2015 09:20AM NVIDIA (NVDA) Countersues Samsung Over Four Graphics Patents
Apr 16, 2015 09:16AM Rosetta Genomics (ROSG) Announces USPTO Notice of Allowance on Patent Covering Origin of Tumor Samples
Apr 16, 2015 07:08AM Antares Pharma (ATRS), Medac Pharma Settle Lawsuits
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Apr 15, 2015 05:37PM Target (TGT), MasterCard (MA) Announce Settlement Related to Last Year's Data Breach
Apr 15, 2015 04:57PM General Motors (GM) Bankruptcy Sheilds It from Ignition-Switch Claims - Reuters
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Apr 15, 2015 07:29AM Target (TGT), Mastercard (MA) Near Settlement Over Data Breach
Apr 15, 2015 07:08AM Avista Corp. (AVA) Approved by Oregon PUC Over Revised General Rate Request Settlement Agreement
Apr 15, 2015 06:26AM Europe Opens Formal Antitrust Probe into Google (GOOG) Over Android Operating System
Apr 14, 2015 05:14PM Tesla (TSLA) says Maryland passes direct-to-customer bill - Blooomberg
Apr 14, 2015 03:35PM Wal-Mart (WMT) wins appeals court ruling on gun oversight proxy vote - Bloomberg
Apr 14, 2015 03:18PM LPL Financial (LPLA), Peers Gain; Labor Dept. Unveils Fiduciary- Rule Proposal
Apr 14, 2015 11:33AM Forward Pharma (FWP) Comments on PTAB Interference Between It and Biogen (BIIB)
Apr 13, 2015 05:23PM Mallinckrodt (MNK) Announces Settlement of Questcor (QCOR) Class Action
Apr 13, 2015 03:11PM Mylan (MYL), Pfizer (PFE) Enter Settlement, Licensing Agreement Over Viagra
Apr 13, 2015 11:44AM NY AG Probes 13 Retailers Over Staffing Practices (ANF)
Apr 13, 2015 08:33AM Karyopharm Therapeutics (KPTI) Receives U.S. Patent Covering Selinexor
Apr 13, 2015 08:09AM DepoMed (DEPO) Reports Gralise ANDA Settlement with Actavis (ACT)
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