Pharmaceutical Company PDL BioPharma Files Lawsuit Against Eli Lilly and Company Over Alzheimer’s Treatment Compensation

INDIANAPOLIS, IN — Nevada-based company PDL BioPharma, Inc. has filed a lawsuit against Eli Lilly and Company in the U.S. District Court for the Southern District of Indiana. PDL alleges that Eli Lilly used its technology to develop an Alzheimer’s disease treatment without compensating PDL. According to the lawsuit filed on December 21, 2023, PDL claims that Eli Lilly used its antibody humanization technology to create donanemab, a treatment for Alzheimer’s. Donanemab is expected to receive FDA approval in the first quarter of 2024. The lawsuit refers to a 2000 agreement between Eli Lilly and … Read more

Legal Experts Critique Trump’s ‘Desperate’ Attempt to Have D.C. Jury Hear Lawsuit, Calling Claims ‘Wild and Irrational’

Legal experts are criticizing what they see as President Trump’s desire for a Washington, D.C., jury to hear his case, calling it “wild and irrational claims.” Trump’s legal team has argued in court that he should be allowed to face a jury trial in the nation’s capital, despite him being a former president. This move has been met with skepticism from legal experts who argue that it is a desperate attempt to find a sympathetic jury. The idea of a D.C. jury hearing Trump’s case stems from a defamation lawsuit brought against him by former … Read more

Investors Encouraged to Take Lead in Securities Fraud Lawsuit Against Microvast Holdings

LOS ANGELES, January 3, 2024 /PRNewswire/ — Investors who have suffered significant losses due to securities fraud have the opportunity to lead a class action lawsuit against Microvast Holdings, Inc. (NASDAQ: MVST). The law firm Glancy Prongay & Murray LLP (GPM) has announced that it is seeking lead plaintiffs for the case. The class period for the lawsuit runs from October 19, 2022, to November 20, 2023. Investors interested in serving as lead plaintiff can submit their contact information at www.glancylaw.com/cases/Microvast-Holdings-Inc/. They can also reach out to Charles H. Linehan of GPM at 310-201-9150 or … Read more

Aon Faces Deadline to Address Lawsuit Linked to Vesttoo: Clear Blue Demands Action by January 31st!

LONDON, UK – Global professional services firm Aon has been given until January 31 to respond to a lawsuit filed by Clear Blue, a company linked to insurtech platform Vesttoo. Clear Blue alleges that Aon breached a confidentiality agreement and misused its trade secrets to develop its own blockchain-based insurance product. The lawsuit, filed in London, accuses Aon of using Clear Blue’s proprietary technology and confidential information to create the “Unitized Risk Platform” (URP), which was unveiled in October 2021. Clear Blue claims that it shared detailed information about its blockchain-based risk transfer solution with … Read more