Equity

Dramatic 20-Year Family Feud Over Multibillion-Dollar Real Estate Empire Ends in Billions in Damages and Equity Awards

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Los Angeles, CA – In a high-stakes family feud, a Los Angeles court has awarded billions of dollars in damages to four brothers who accused their own sibling of stealing from their multibillion-dollar real estate empire. This courtroom drama, lasting two decades, delivered a final verdict that could rival any Hollywood movie plot. The saga began when Shashikant “Shashi” Jogani, a scion of the diamond trade, settled in Los Angeles in 1969 and ventured into real estate. By 1994, Jogani had amassed a portfolio worth an estimated $375 million, but disaster struck when the Northridge … Read more

Minnesota’s Office of Cannabis Management Urges Lawmakers to Revamp Marijuana Laws for Faster Business Launch and Social Equity Support

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Bloomington, Minnesota – The Minnesota Office of Cannabis Management has urged state lawmakers to make adjustments to marijuana laws during this legislative session to expedite the establishment of cannabis businesses. In their initial report to the Legislature, the agency proposed various specific changes, one of which includes implementing a temporary license system, with a particular focus on aiding social equity applicants. These applicants are individuals who have been impacted by past criminal enforcement of marijuana laws, either directly or indirectly. The report emphasizes that implementing a temporary license system would not only speed up the … Read more

Conservative Activists Challenge Workplace Equity Programs Using Civil Rights Act of 1866

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NEW YORK — Opponents of workplace diversity programs are increasingly using a section of the Civil Rights Act of 1866 to challenge equity policies and funding for minority-owned businesses. Section 1981 of the act, originally intended to protect formerly enslaved people from economic exclusion, is now being weaponized by conservative activists, who are citing it in lawsuits against companies and institutions. The American Alliance for Equal Rights, run by conservative activist Edward Blum, is using Section 1981 to go after the Fearless Fund, a venture capital fund that invests in businesses owned by women of … Read more

New Jersey Expands Access to Contraceptives and Supports Veterans in New Laws, Promoting Health Equity and Affordability

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Trenton, New Jersey – As the new year begins, New Jersey is implementing a series of laws that will have a significant impact on the healthcare industry. These new regulations are aimed at expanding access to contraceptives, making it easier for veterans to enter the nursing profession, and addressing the affordability of prescription drugs. Additionally, the state has also made changes to the Safe Haven Infant Protection Act. One key law allows pharmacists to provide self-administered hormonal contraceptives without a prescription. This means that individuals will have easier access to birth control pills, patches, and … Read more