Shadow

Zombie Abortion Pill Lawsuit Casts Shadow on Trump’s Political Maneuvering

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A legal challenge is currently underway as a federal lawsuit seeks to reinforce the availability of the abortion pill, mifepristone, despite recent shifts in federal endorsements and conflicting state laws. This comes at a time when regulatory and legal backtracks in the wake of the Supreme Court’s reversal of Roe v. Wade create confusion and uncertainty around reproductive rights. Mifepristone, which was approved by the FDA in 2000, is used in combination with another pill, misoprostol, to terminate pregnancies up to 10 weeks. This method is utilized by over half of those who choose to … Read more

Former Biopharmaceutical Executive Found Liable for ‘Shadow Trading’ in Landmark Insider Trading Case

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SAN FRANCISCO (AP) — A former biopharmaceutical executive was found liable for “shadow trading,” an insider trading theory, by a federal jury in San Francisco on Friday. The jury’s decision rejected the defense’s claim that the case was constructed by the U.S. Securities and Exchange Commission (SEC) without evidence of the motives behind the trades. This verdict could have significant implications for insider trading regulations. Matthew Panuwat, the defendant, was accused by the SEC of having confidential information about his employer, Medivation Inc., and trading in the securities of Incyte Corp., a closely related company. … Read more

The Lingering Shadow of the Comstock Act: A Relic of Free Speech Suppression

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WASHINGTON (AP) — In the ongoing debate over expanded access to the abortion pill, mifepristone, the applicability of the Comstock Act has emerged as a chilling concern for advocates of free speech. This 151-year-old law was originally intended to ban the mailing of materials deemed “obscene, lewd, [or] lascivious,” including contraception and pornography. However, the Act’s connection to the availability of mifepristone is hotly contested and unlikely to gain traction in the Supreme Court. Justices Clarence Thomas and Samuel Alito, while outliers on this issue, have raised the Act’s relevance in the recent oral arguments. … Read more