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New Laws in Multiple States Aim to Strengthen Corporate Regulations and Protect Shareholders

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Colorado – Senate Bill 22-034, effective February 1, 2023, introduced new measures to counteract fraudulent business documents filed with the Colorado Secretary of State. The bill amended the Corporations and Associations Act to address this issue. Additionally, Senate Bill 23-1297, effective August 7, 2023, stated that corporations in Colorado cannot issue a scrip in bearer form without surrendering enough scrip to equal a full share. Delaware – Senate Bill 110, effective August 1, 2023, amended Delaware’s corporation and LLC laws by increasing the courthouse municipality fee from $20 to $40. Another bill, Senate Bill 112, … Read more

Former Chicago Alderman Ed Burke Found Guilty on Multiple Corruption Charges, Faces Maximum Sentence of 20 Years

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CHICAGO (WLS) — Former Chicago Alderman Ed Burke has been convicted on multiple counts in his federal corruption case, with the exception of one. The verdict came after Burke faced charges of racketeering, bribery, and attempted extortion. Specifically, he was accused of using his public office for personal gain. The case against Burke, once one of the most powerful members of the Chicago City Council, focused on three separate instances of corruption. U.S. Attorney Morris Pasqual stated that Burke had engaged in corrupt behavior by tying official actions to monetary contributions. Co-defendant Peter Andrews, a … Read more

Felon’s Airborne Assault on Judge Results in Multiple Felonies and Solitary Confinement

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Las Vegas, Nevada – A viral incident in a Las Vegas courtroom has resulted in serious consequences for the assailant. Deobra Redden, who attacked Judge Mary Kay Holthus during a sentencing hearing, now faces a multitude of felony charges. Initially in court for attempted battery causing substantial bodily harm, Redden’s actions towards the judge have escalated the charges against him. These include coercion with force or threat of force, extortion, intimidation of public officers, disregard of personal and property safety, and battery. Following the attack, Redden is now classified as a “2C” inmate, meaning he … Read more

Sunscreen Lawsuits Soar as Johnson & Johnson Faces Multiple Recalls for Benzene Contamination

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Sunscreen recall lawsuits have surged against Johnson & Johnson after the discovery of benzene in their products. The company has recalled five major brands of Neutrogena and Aveeno spray-on sunscreens as a result. It is anticipated that thousands more lawsuits will be filed against Johnson & Johnson, potentially involving other manufacturers as well. These lawsuits are expected to be consolidated into a new “class-action” MDL. The presence of benzene, a known human carcinogen, in sunscreen is a cause for concern. Benzene, a byproduct of crude oil, is highly carcinogenic and has been linked to the … Read more