In a rare victory for stockholders over company management, major stakeholders of ExxonMobil, including BlackRock, Vanguard and State Street, teamed up with NY Pension Fund to demand the Company make more disclosures and increase transparency in connection with environmental concerns. Specifically, shareholders representing 62.3 percent voted that Exxon report on the impact of global measures designed to keep climate change to 2 degrees centigrade. Andersen Sleater Sianni att
Ahead of the official launch of summer this Memorial day weekend and the famous hot dog eating contest at Coney Island, over 200,000 pounds of Nathan's SKINLESS 8 BEEF FRANKS with an August 19, 2017 expiration date, and Curtis Beef Master brand beef franks that expire on June 15, 2017 were recalled. The recall was initiated after the Company received complaints of metal fragments found in the meat. Click here to read more.
In a 8-0 opinion, the U.S. Supreme Court held that patent lawsuits are only to be filed where the targeted company is incorporated. Previously, plaintiffs, dubbed patent-trolls by adversaries, often filed these lawsuits in plaintiff-friendly jurisdictions, like in Eastern District of Texas. Now since most companies are incorporated under Delaware law, patent cases are likely to increase in Delaware courts. Andersen Sleater Sianni has offices in Delaware and New York. Click he
Last month's failed Fyre Festival in the Carribean, which already faces numerous lawsuits from attendees, vendors and employees, is now facing an FBI investigation and the US Attorney's Office for the Southern District of New York. The Feds are reportedly investigating the Fyre Festival for mail, wire and securities fraud. Andersen Sleater Sianni's attorneys represent individuals, investors and businesses, who have been defrauded. Click here to read more about Fyre Festival.
The USDA is asking for reports of companies claiming their products are organic certified when they are not. It has published some of these companies on its website. Falsely representing products as certified USDA organic violates the law and federal organic regulations punishable by fines of up to $11,000 for each violation. Andersen Sleater Sianni attorneys represent individuals in false advertising class actions. Click here to see the USDA list of violators.