A stockholder suit against Blue Bell Creameries is getting a second chance at trial, thanks to the Delaware Supreme Court. Originally filed in 2017, the complaint by shareholders alleged mismanagement by executives after the 2015 listeria outbreak linked to Blue Bell...
Month: July 2019
Businesses sue San Antonio over paid sick leave ordinance
Last year, San Antonio joined the Austin in passing a law requiring employers to provide paid sick leave. Last week, business owners fought back. A coalition of business groups filed a lawsuit alleging that the city ordinance, which is set to take effect on August 1,...
ADT awarded $4 million in deceptive trade practices suit
A jury in the Southern District of Florida awarded security firm ADT $4 million in damages in the culmination of its deceptive trade practices lawsuit against Alder Holdings, Inc. ADT's dispute with Alder dates back to around 2012 when ADT first accused Alder of...
Shareholder dispute puts century-old trust in the spotlight
The Texas Pacific Land Trust, a 130-year-old trust holding over 900,000 acres of land in the Texas oil and gas basin, has become the center of a high-profile shareholder fight in recent months. Unusual governing structure leads to tensions Since the 1880s, the Texas...