DOCSLIB.ORG

(139304) Peter E. Borkon (212596) Da

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
(139304) Peter E. Borkon (212596) Da Case 5:16-cv-06822-NC Document 185-2 Filed 03/01/18 Page 1 of 34 * REDACTED VERSION OF DOCUMENT(S) SOUGHT TO BE SEALED * 1 Reed R. Kathrein (139304) Peter E. Borkon (212596) 2 Danielle Smith (291237) HAGENS BERMAN SOBOL SHAPIRO LLP 3 715 Hearst Avenue, Suite 202 Berkeley, CA 94710 4 Telephone: (510) 725-3000 Facsimile: (510) 725-3001 5 [email protected] [email protected] 6 [email protected] 7 Steve W. Berman (admitted Pro Hac Vice) HAGENS BERMAN SOBOL SHAPIRO LLP 8 1918 8th Avenue, Suite 3300 Seattle, WA 98101 9 Telephone: (206) 623-7292 Facsimile: (206) 623-0594 10 [email protected] 11 Counsel for Plaintiffs and Proposed Lead Counsel for the Class 12 [Additional counsel appear on signature page.] 13 UNITED STATES DISTRICT COURT 14 NORTHERN DISTRICT OF CALIFORNIA 15 SAN JOSE DIVISION 16 ROBERT COLMAN and HILARY ) No. 5:16-cv-06822-NC 17 TAUBMAN-DYE, Individually and on Behalf ) of All Others Similarly Situated, ) CLASS ACTION 18 ) Plaintiffs, ) PLAINTIFFS’ MOTION FOR CLASS 19 ) CERTIFICATION UNDER RULE 23(B)(3) vs. ) 20 ) Date: March 28, 2018 THERANOS, INC., et al., ) Time: 1:00 PM 21 ) Courtroom: 7, 4th Floor Defendants. ) Judge: Honorable Nathanael Cousins 22 ) ) DATE ACTION FILED: Nov. 28, 2016 23 ) ) 24 ) 25 26 * * * FILED UNDER SEAL * * * 27 28 010650-11 1011077 V2 Case 5:16-cv-06822-NC Document 185-2 Filed 03/01/18 Page 2 of 34 * REDACTED VERSION OF DOCUMENT(S) SOUGHT TO BE SEALED * 1 NOTICE OF MOTION AND MOTION FOR CLASS CERTIFICATION 2 TO ALL PARTIES AND TO THEIR ATTORNEYS OF RECORD: 3 PLEASE TAKE NOTICE that at a time and place to be determined by the Court, before the 4 Honorable Judge Nathanael Cousins of the United States District Court for the Northern District of 5 California, San Jose Division, located at Courtroom 7, 4th Floor, 280 South 1st Street, San Jose, 6 CA 95113, Plaintiffs will, and hereby do, move for an order, pursuant to Rule 23 of the Federal 7 Rules of Civil Procedure (the “Rules”), certifying a class pursuant to Rule 23(b)(3), appointing 8 Plaintiffs as class representatives, appointing their counsel as class counsel. 9 Specifically, Plaintiffs will and hereby do move this Court to: 10 1) Certify the following Class: 11 Class All persons or entities who, from July 29, 2013, through October 5, 2016, 12 purchased or acquired securities of an entity for the express purpose of making corresponding purchases of Theranos securities.1 13 14 2) Appoint Plaintiffs Robert Colman and Hilary Taubman-Dye, and Class Members Thomas Brodie M.D. and Mai N. Pogue, as Class Representatives (Upon appointing 15 Class Members Brodie and Pogue as Class Representatives, Plaintiffs will, with leave of court, amend the Complaint to name Brodie and Pogue as Plaintiffs); and 16 3) Appoint the firms of Hagens Berman Sobol Shapiro LLP and Robbins Geller 17 Rudman & Dowd LLP as counsel for the class; 18 The motion is based on this Notice of Motion and Motion for Class Certification Under 19 Rule 23(b)(3); the accompanying Memorandum of Points and Authorities, Declarations and 20 Exhibits; the pleadings and papers on file in this action; oral argument; and such other matters as 21 the Court may consider in hearing this motion. 22 23 24 1 Alternatively, the Class could be defined as all investors in the funds which have been identified as 25 having solicited investors for the purposes of investing in Theranos stock during the Class Period. These funds (“Direct Purchaser Funds”) are identified in Exhibit A to the Declaration of Reed R. Kathrein 26 in Support of Plaintiffs Motion for Class Certification and consist of a limited set of the funds listed in Appendix A of Defendants’ Motion to Limit the Putative Class Definition including Celadon and 27 See Defs.’ Mot. to Limit Class, ECF No. 102-1. Plaintiffs believe that all of the Direct Purchaser Funds have already been identified through discovery. If discovery reveals any changes in the information 28 to the identification of the eligible Direct Purchaser Funds, Plaintiffs will amend the list. PLAINTIFFS’ MOTION FOR CLASS CERTIFICATION UNDER RULE 23(B)(3) - Case No. 16-cv-06822 010650-11 1011077 V2 - i - Case 5:16-cv-06822-NC Document 185-2 Filed 03/01/18 Page 3 of 34 * REDACTED VERSION OF DOCUMENT(S) SOUGHT TO BE SEALED * 1 TABLE OF CONTENTS 2 Page 3 I. INTRODUCTION ........................................................................................................................... 2 4 II. BACKGROUND ............................................................................................................................. 2 5 III. LEGAL STANDARDS FOR CLASS CERTIFICATION .............................................................. 7 6 IV. ARGUMENT .................................................................................................................................. 8 7 A. The Class and Subclass Meet All Requirements of Rule 23(a) ................................................. 8 8 1. The Class is Definite and Ascertainable .............................................................................. 8 9 2. The Class is Sufficiently Numerous .................................................................................... 9 10 3. This Litigation Concerns Common Questions of Law and Fact ......................................... 9 11 4. Plaintiffs’ Claims are Typical of Class Members’ Claims ................................................ 12 12 5. The Proposed Class Representatives Will Fairly and Adequately Protect Class Interests 13 13 B. This Case Satisfies the Requirements Under Rule 23(b)(3) .................................................... 14 14 1. Common Questions of Law or Fact Predominate ............................................................. 14 15 a. Common Questions Predominate as to Plaintiffs’ Claim for Securities Fraud in Violation of Cal. Corp. Code §§ 25400(d) & 25500 (Count I) ................................... 15 16 b. Common Questions Predominate as to Plaintiffs’ Claim for Violation of California’s 17 Unfair Competition Law (Count III) ........................................................................... 18 18 c. Common Questions Predominate as to Plaintiffs’ Claims for Fraud and Deceit (Count IV), Fraudulent Concealment (Count V), and Negligent Misrepresentation 19 (Count VII) .................................................................................................................. 20 20 d. Any Arguments Regarding Differences in Communications, Direct Purchaser Funds, Loss Causation Are Inapposite, Unpersuasive, and Unable to Defeat Class 21 Certification ................................................................................................................. 22 22 2. A Class Action is Superior to Other Available Methods for Fairly and Efficiently Adjudicating This Controversy ......................................................................................... 24 23 V. CONCLUSION ............................................................................................................................. 25 24 25 26 27 28 PLAINTIFFS’ MOTION FOR CLASS CERTIFICATION UNDER RULE 23(B)(3) - Case No. 16-cv-06822 010650-11 1011077 V2 - ii - Case 5:16-cv-06822-NC Document 185-2 Filed 03/01/18 Page 4 of 34 * REDACTED VERSION OF DOCUMENT(S) SOUGHT TO BE SEALED * 1 2 TABLE OF AUTHORITIES 3 Page(s) 4 Cases 5 Abante Rooter & Plumbing, Inc. v. Alarm.com Inc., 6 2017 WL 1806583 (N.D. Cal. May 5, 2017) ...............................................................................13 7 Affiliated Ute Citizens of Utah v. United States, 406 U.S. 128 (1972) ....................................................................................................................23 8 Amchem Prods., Inc. v. Windsor, 9 521 U.S. 591 (1997) ..............................................................................................................15, 24 10 Amgen Inc. v. Connecticut Ret. Plans & Trust Funds, 11 568 U.S. 455 (2013) ....................................................................................................................17 12 Baghdasarian v. Amazon.com, Inc., 258 F.R.D. 383 (C.D. Cal. 2009) .................................................................................................20 13 Berson v. Applied Signal Tech., Inc., 14 527 F.3d 982 (9th Cir. 2008) .......................................................................................................17 15 Blackie v. Barrack, 16 524 F.2d 891 (9th Cir. 1975) .................................................................................................18, 21 17 Briseno v. ConAgra Foods, Inc., 844 F.3d 1121 (9th Cir. 2017) .......................................................................................................8 18 Brown v. China Integrated Energy Inc., 19 2015 WL 12720322 (C.D. Cal. Feb. 17, 2015) .............................................................................7 20 Buchanan v. Tata Consultancy Servs., Ltd., 2017 WL 6611653 (N.D. Cal. Dec. 27, 2017) ..............................................................................8 21 22 In re Celera Corp. Sec. Litig., 2014 WL 722408 (N.D. Cal. Feb. 25, 2014) .............................................................................8, 9 23 Cohen v. Trump, 24 303 F.R.D. 376 (S.D. Cal. 2014) .................................................................................................21 25 Colman v. Theranos, Inc., 2017 WL 1383717 (N.D. Cal. Apr. 18, 2017) .............................................................................16 26 In re Cooper
Load more

Recommended publications
  • A Delaware Limited Partnership, : PFM HEALTHCARE
    EFiled: Apr 11 2017 04:50PM EDT Transaction ID 60459576 Case No. 2017-0262-JTL IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE PARTNER INVESTMENTS, L.P., : a Delaware limited partnership, : PFM HEALTHCARE MASTER FUND, L.P., : a Cayman Islands limited partnership, and : PFM HEALTHCARE PRINCIPALS : FUND, L.P., a Delaware limited partnership, : : Plaintiffs, : v. : C.A. No. 2017-0262-JTL : THERANOS, INC., a Delaware corporation, : Original Version Filed: ELIZABETH HOLMES, : April 6, 2017 FABRIZIO BONANNI, : WILLIAM H. FOEGE, and : Redacted Public Version DANIEL J. WARMENHOVEN, : Filed: April 11, 2017 : Defendants. : VERIFIED COMPLAINT FOR INJUNCTIVE AND DECLARATORY RELIEF Plaintiffs Partner Investments, L.P. (“PIM”), PFM Healthcare Master Fund, L.P. (“HCMF”), and PFM Healthcare Principals Fund, L.P. (“HCP”) (collectively, “Plaintiffs” or “PFM”), by and through their attorneys, allege upon knowledge as to themselves and their own conduct, and otherwise upon information and belief, as follows: NATURE OF THE PROCEEDING 1. This action seeks declaratory and injunctive relief to, among other things, enjoin Defendants Theranos, Inc. (“Theranos” or the “Company”), Elizabeth Holmes (“Holmes”), Fabrizio Bonanni (“Bonanni”), William H. Foege (“Foege”), and Daniel J. Warmenhoven (“Warmenhoven”) (collectively, “Defendants”) from consummating a self-interested and coercive exchange offer that breaches their fiduciary duty of loyalty, constitutes corporate waste, and fails entire fairness review. 2. Through a string of repeated lies, misrepresentations, misleading statements, and omissions of material information, Theranos, Holmes, and former Chief Operating Officer and member of the Board of Directors Ramesh Balwani (“Balwani”) induced PFM to invest approximately $96.1 million in Theranos in February 2014. PFM became a holder of Series C-2 Preferred Stock in the Company, with a liquidation preference ahead of holders of the Company’s common stock and holders of the Company’s Series A and B Preferred Stock, and pari passu with the holders of Series C and C-1 Preferred Stock.
    [Show full text]
  • AGAINST Continuing Edison Research
    The Eight Edison Debate 2 Peyton Chiotti• Miranda Vanlith Thomas Rolfs • Claire Johnson Position: AGAINST continuing Edison research. Perspective: (Elizabeth) HOLMES' INTERESTS Strategy: Discontinuing Edison, redirecting Holmes’ career so she can start paying debts instead ​ of prison. Background ● In the last days of Theranos, December 2017 Theranos was forced to mortgage all of their assets to an investment group called fortress investment group for a 100M$ loan. ● One of the main conditions of the loan agreement was that Theranos was to produce audited financial statements. According to Phillipe, they had not done so since 2009. ● Over 700M$ was given to Theranos between 2015 and 2013. Not one of the investors had ever asked for financial audits. ● In the spring of 2018, Theranos received the final audit, forcing them to disclose that they didn't have enough money to continue any further research. ● On March 14, 2018, the SEC filed charges against Theranos, Elizabeth Holmes (CEO), and Ramesh Balwani (COO). The SEC claimed that Theranos had been lying when they said that they were conducting blood tests on The Edison. ● Theranos and Holmes settled immediately. Holmes was stripped of voting control of Theranos, could not become a director of any company for 10 years and she was fined 500K$ ● After battling multiple charges, she and Balwani stand trial in summer 2020 for 11 accounts of wire fraud totaling over 100 million ● Character of circumstances ○ Concerns that matter the most ■ Holmes has proven she cannot be trusted to run a company by enacting several accounts of fraud and deception. ■ Her intentions of creating a device that could provide affordable in-home blood testing were whole, however, her means of creating such a device were flawed.
    [Show full text]
  • A Work Project Presented As Part of the Requirements for the Award of a Master’S Degree In
    A Work Project presented as part of the requirements for the Award of a Master’s degree in Finance from the Nova School of Business and Economics. THERANOS: BETTING ON BLOOD DIOGO JESUS NETO Work project carried out under the supervision of: Paulo Pinho 06-01-2020 Abstract Theranos was a Silicon Valley start-up founded by Elizabeth Holmes in 2003. Holmes claimed to have developed a new blood-testing device that had the potential to revolutionize the healthcare industry. She established partnerships with Walgreens and Safeway to make her technology available nationwide. She also secured a prestigious board of directors and an equally impressive investor base that raised over $700 million at a peak valuation of $9 billion. However, an investigation by The Wall Street Journal revealed the company had misled investors and endangered patients’ lives. In 2018, Theranos collapsed after years of battling lawsuits and federal charges. Keywords: Theranos, Corporate Governance, Fundraising, Due Diligence This work used infrastructure and resources funded by Fundação para a Ciência e a Tecnologia (UID/ECO/00124/2013, UID/ECO/00124/2019 and Social Sciences DataLab, Project 22209), POR Lisboa (LISBOA-01-0145-FEDER-007722 and Social Sciences DataLab, Project 22209) and POR Norte (Social Sciences DataLab, Project 22209). 1 Theranos: Betting on Blood “One of the most epic failures in corporate governance in the annals of American capitalism”. - John Carreyrou1 On June 28, 2019, a crowd of journalists awaited Elizabeth Holmes at the door of the San Jose Federal Court in California for a pre-trial hearing2. She was accused of engaging in a multi-million- dollar scheme to defraud investors, doctors, and patients alongside her former partner, Ramesh “Sunny” Balwani.
    [Show full text]
  • Theranos' Bad Blood
    Theranos’ Bad Blood In 2003, Stanford University student Elizabeth Holmes founded the health care company Theranos. The goal of the company was to revolutionize health care. Beginning with the goal of creating a patch to deliver drugs, the company instead shifted focus to developing a simple and effective method for blood diagnosis. Holmes dropped out of Stanford and began raising millions of dollars in funding. The company claimed that its technology could offer over 240 tests from just a prick of the finger. Test results could be delivered to a patient’s phone in hours, and a single test would cost less than half of the reimbursement rate of Medicare and Medicaid. Blood could be diagnosed easily without the need for many vials of blood drawn from patients’ veins or expensive lab work. By 2014, the company was valued at $9 billion, of which Holmes held a majority stake. Many investors backed the company based on the promise of the technology. Holmes received glowing profiles in news magazines, was featured on television shows, and presented keynote addresses at tech conferences. But the excitement of investors and the promise of the technology did not translate into success. Operating largely in a cloak of secrecy, the company could never validate its claims about its blood sampling technology, and many of its lab results went unchecked. In 2015, journalist John Carreyrou investigated the company for an article in The Wall Street Journal. He disclosed problems in the company’s equipment and testing methods. He found that the company did not even use its own technology in tests and often relied on older technology from other companies.
    [Show full text]
  • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Steve W. Berman (Pro Hac Vice) Craig R. Spiegel (SBN
    Case 4:14-md-02541-CW Document 1169-3 Filed 03/26/19 Page 1 of 174 1 Steve W. Berman (pro hac vice) Jeffrey L. Kessler (pro hac vice) Craig R. Spiegel (SBN 122000) David G. Feher (pro hac vice) 2 Emilee N. Sisco (pro hac vice) David L. Greenspan (pro hac vice) HAGENS BERMAN SOBOL SHAPIRO LLP Joseph A. Litman (pro hac vice) 3 1918 Eighth Avenue, Suite 3300 WINSTON & STRAWN LLP Seattle, WA 98101 200 Park Avenue 4 Telephone: (206) 623-7292 New York, NY 10166-4193 Facsimile: (206) 623-0594 Telephone: (212) 294-6700 5 [email protected] Facsimile: (212) 294-4700 [email protected] [email protected] 6 [email protected] [email protected] [email protected] 7 Jeff D. Friedman (SBN 173886) [email protected] HAGENS BERMAN SOBOL SHAPIRO LLP 8 715 Hearst Avenue, Suite 202 Sean D. Meenan (SBN 260466) Berkeley, CA 94710 Jeanifer E. Parsigian (SBN 289001) 9 Telephone: (510) 725-3000 WINSTON & STRAWN LLP Facsimile: (510) 725-3001 101 California Street 10 [email protected] San Francisco, CA 94111 Telephone: (415) 591-1000 11 Bruce L. Simon (SBN 96241) Facsimile: (415) 591-1400 Benjamin E. Shiftan (SBN 265767) [email protected] 12 PEARSON, SIMON & WARSHAW, LLP [email protected] 44 Montgomery Street, Suite 2450 13 San Francisco, CA 94104 Class Counsel for Jenkins and Consolidated Telephone: (415) 433-9000 Action Plaintiffs 14 Facsimile: (415) 433-9008 [email protected] 15 [email protected] 16 Class Counsel for Jenkins and Consolidated Action Plaintiffs 17 18 UNITED STATES DISTRICT COURT 19 NORTHERN DISTRICT OF CALIFORNIA 20 OAKLAND DIVISION 21 IN RE: NATIONAL COLLEGIATE ATHLETIC Case No.
    [Show full text]
  • Patent Law's Reproducibility Paradox
    SHERKOW IN PRINTER FINAL.DOCX (DO NOT DELETE) 1/5/2017 11:59 AM PATENT LAW’S REPRODUCIBILITY PARADOX JACOB S. SHERKOW† ABSTRACT Clinical research faces a reproducibility crisis. Many recent clinical and preclinical studies appear to be irreproducible—their results cannot be verified by outside researchers. This is problematic for not only scientific reasons but also legal ones: patents grounded in irreproducible research appear to fail their constitutional bargain of property rights in exchange for working disclosures of inventions. The culprit is likely patent law’s doctrine of enablement. Although the doctrine requires patents to enable others to make and use their claimed inventions, current difficulties in applying the doctrine hamper or even actively dissuade reproducible data in patents. This Article assesses the difficulties in reconciling these basic goals of scientific research and patent law. More concretely, it provides several examples of irreproducibility in patents on blockbuster drugs—Prempro, Xigris, Plavix, and Avastin—and discusses some of the social costs of the misalignment between good clinical practice and patent doctrine. Ultimately, this analysis illuminates several current debates concerning innovation policy. It strongly suggests that a proper conception of enablement should take into account after-arising evidence. It also sheds light on the true purpose—and limits—of patent disclosure. And lastly, it untangles the doctrines of enablement and utility. Copyright © 2017 Jacob S. Sherkow. † Associate Professor, Innovation Center for Law and Technology, New York Law School. Thanks, for their comments, to Kevin Emerson Collins, Paul R. Gugliuzza, Yaniv Heled, Dmitry Karshtedt, Mark A. Lemley, Lisa Larrimore Ouellette, W. Nicholson Price II, Jason Rantanen, Betsy Rosenblatt, Norman V.
    [Show full text]
  • Plaintiff's Motion for Preliminary Approval of Class Settlement And
    UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF NORTH CAROLINA No. 5:15-cv-231 GARY and ANNE CHILDRESS, THOMAS ) and ADRIENNE BOLTON, STEVEN and ) MORGAN LUMBLEY, RAYMOND and ) JACKIE LOVE, HARRY and MARIANNE CHAMPAGNE, and RUSSELL and MARY ) BETH CHRISTE, on behalf of themselves ) and others similarly situated, ) ) Plaintiffs, ) vs. ) ) BANK OF AMERICA, N.A., ) Defendant. ) PLAINTIFFS’ MOTION FOR PRELIMINARY APPROVAL OF CLASS SETTLEMENT AND CERTIFICATION OF THE SETTLEMENT CLASS Plaintiffs Gary and Anne Childress, Thomas and Adrienne Bolton, Steven and Morgan Lumbley, Raymond and Jackie Love, Harry and Marianne Champagne, and Russell and Mary Beth Christe (collectively “plaintiffs”), with agreement of the Defendant, Bank of America, N.A. (“Bank of America” or “Defendant”), under Fed. R. Civ. P. 23 and Local Rule 7.1, respectfully move the Court for an order: 1. Certifying, for settlement purposes, a proposed nationwide class of persons defined as: All persons identified in Bank of America’s records as obligors or guarantors on an obligation or account who, at any time on or after September 11, 2001, received and/or may have been eligible to receive additional compensation related to military reduced interest rate benefits from Defendant, but excluding persons who have executed a release of the rights claimed in this action; 2. Granting preliminary approval of a settlement of this action between the class and Case 5:15-cv-00231-BO Document 106 Filed 07/20/17 Page 1 of 5 Bank of America; 3. Granting preliminary approval of the proposed distribution plan; 4. Appointing named plaintiffs in this action as class representatives and the law firms Hagens Berman Sobol Shapiro LLP, Smith & Lowney, PLLC, and Shanahan Law Group, PLLC as class counsel; 5.
    [Show full text]
  • Bad Blood : Secrets and Lies in a Silicon Valley Startup / John Carreyrou
    THIS IS A BORZOI BOOK PUBLISHED BY ALFRED A. KNOPF Copyright © 2018 by John Carreyrou All rights reserved. Published in the United States by Alfred A. Knopf, a division of Penguin Random House LLC, New York, and distributed in Canada by Random House of Canada, a division of Penguin Random House Canada Limited, Toronto. www.aaknopf.com Knopf, Borzoi Books, and the colophon are registered trademarks of Penguin Random House LLC. Library of Congress Cataloging-in-Publication Data Names: Carreyrou, John, author. Title: Bad blood : secrets and lies in a Silicon Valley startup / John Carreyrou. Description: First Edition. | New York : Knopf, 2018. Identifiers: LCCN 2018000263 | ISBN 9781524731656 (hardback) | ISBN 9781524731663 (ebook) Subjects: LCSH: Theranos (Firm)—History. | Hematologic equipment industry—United States. | Fraud—United States. | BISAC: BUSINESS & ECONOMICS / Entrepreneurship. | BUSINESS & ECONOMICS / Finance. | TECHNOLOGY & ENGINEERING / Biomedical. Classification: LCC HD9995.H423 U627 2018 | DDC 338.7/681761—dc23 LC record available at https://lccn.loc.gov/2018000263 Ebook ISBN 9781524731663 Cover design by Tyler Comrie v5.2_r1 ep Contents Cover Title Page Copyright Dedication Author’s Note Prologue 1. A Purposeful Life 2. The Gluebot 3. Apple Envy 4. Goodbye East Paly 5. The Childhood Neighbor 6. Sunny 7. Dr. J 8. The miniLab 9. The Wellness Play 10. “Who Is LTC Shoemaker?” 11. Lighting a Fuisz 12. Ian Gibbons 13. Chiat\Day 14. Going Live 15. Unicorn 16. The Grandson 17. Fame 18. The Hippocratic Oath 19. The Tip 20. The Ambush 21. Trade Secrets 22. La Mattanza 23. Damage Control 24. The Empress Has No Clothes Epilogue Acknowledgments Notes About the Author For Molly, Sebastian, Jack, and Francesca Author’s Note This book is based on hundreds of interviews with more than 150 people, including more than sixty former Theranos employees.
    [Show full text]
  • This Transcript Was Exported on Sep 04, 2021 - View Latest Version Here
    This transcript was exported on Sep 04, 2021 - view latest version here. Barb McQuade: Welcome back to hashtag sisters in law. I'm Barb McQuade. This week, we'll be talking about the Texas abortion law, SB 8, the trial of fairness, founder Elizabeth Holmes, and the potential release of RFKs assassin, Sirhan Sirhan. As always, we look forward to answering some of your questions at the end of the show. This has been a long week. We have had some really, really heavy news, and we're going to get into that. But before we do that, I want to talk about a tweet that we got this week with asking some advice, and I want to hear your advice on that. But before we even get to that, I think we need to be fortified with something else, which is the amazing, upbeat news that Abba, the greatest band in pop music history, is recording a new album after 40 years. I'm so excited. We were talking about this yesterday and as a result, Kim has got a song popping in my head. I can't stop. Kimberly Atkins Stohr: Take a chance, take a chance, take a chance. It's a good song. Barb McQuade: Are you guys Abba fans? Joyce Vance: I'm going to scare y'all with me singing, Dancing Queen. Because I mean, you would run screaming away. But it's stuck in my head. Yeah. I'm so excited about this new album. Kimberly Atkins Stohr: Me too. Barb McQuade: As a child of the seventies, Dancing Queen was the ultimate song when you had like your friends over, and you're hanging out in the basement, and you're playing records on the record player, that you sing into your hairbrush and kind of dance around in the basement.
    [Show full text]
  • J&J Offloads Lifescan to Private Equity Firm for $2.1Bn
    Medtech Issue 87 Pharma Intelligence Informa March 26, 2018 medtech.pharmaintelligence.informa.comInsight ness and help customers relying on Ani- J&J Offloads LifeScan To Private mas Vibe or the OneTouch Ping insulin pump find a suitable Medtronic pump. Equity Firm For $2.1bn (Also see "Medtronic Stands To Be Biggest Beneficiary Of J&J's Exit From Insulin Pump REED MILLER [email protected] Market" - Medtech Insight, 8 Oct, 2017.) During J&J's Jan. 23 fourth-quarter latinum Equity, a Southern Cali- across a variety of industries. Platinum 2017 earnings call, Gorsky reiterated that fornia private equity firm, will buy Equity does not have any other medical the company was actively looking for P Johnson & Johnson's LifeScan Inc. device companies in its current portfo- strategic options for its diabetes busi- blood glucose monitoring device busi- lio, according to its website, but since its nesses, which have been a significant ness for $2.1bn. The move, announced founding in 1995, the firm has helped a drag on the company's overall device March 16, comes as no surprise. J&J an- many other large publicly traded corpo- revenues in recent years. In 2017, rev- nounced in the beginning of 2017 that rations – including Bayer, IBM and AT&T enue from J&J's diabetes care device it was exploring strategic options for its – divest underperforming units maintain- business declined 10.5% year-over-year shrinking diabetes businesses. (Also see ing business continuity and operational – including a 17.2% slide in the US – to "Earnings Winners & Losers: Billion-Dollar- stability during the transition.
    [Show full text]
  • October 2018 Volume 10, Issue 3
    Proceedings A monthly newsletter from McGraw-Hill Education October 2018 Volume 10, Issue 3 Contents Dear Professor, Hot Topics 3 Video Suggestions 10 Welcome to McGraw-Hill Education’s October 2018 issue of Proceedings, a newsletter designed specifically with you, the Business Law educator, in Ethical Dilemma 16 mind. Volume 10, Issue 3 of Proceedings incorporates “hot topics” in business Teaching Tips 19 law, video suggestions, an ethical dilemma, teaching tips, and a “chapter key” cross-referencing the October 2018 newsletter topics with the various Chapter Key 28 McGraw - Hill Education business law textbooks. You will find a wide range of topics/issues in this publication, including: 1. California’s recent decision to end cash bail in its criminal justice system; 2. Recent moves in the hotel industry to equip employees with “alert” devices for security purposes; 3. President Trump’s recent executive decision to impose additional tariffs on goods imported from China; 4. Videos related to a) the International Criminal Court and b) a recent business decision made by Ford Motor Company in response to President Trump’s decision to impose a 25 percent tariff on automobiles imported from China; 5. An “ethical dilemma” related to the demise of Theranos Corporation and the scandal surrounding its founder and chief executive officer, Elizabeth Holmes; and 6. “Teaching tips” related to Article 1 (“California Becomes First State to End Cash Bail after 40-Year Fight”) and the Ethical Dilemma (“Theranos Is Shutting Down”) of the newsletter. A disclaimer of note—Some of the material in this month’s newsletter contains political undertones associated with the legal issues addressed.
    [Show full text]
  • Research Methodologyl
    Research MethodologyL. Demi 2018/19 Lecture 1: Science Professor: Dr. Libertario Demi [email protected] General information Me L. Demi 2018/19 • My office hours: Wednesdays from 14:30 to 16:30 (please take an appointment by email) • I teach Digital Signal Processing and Ultrasound Technologies for Medical Applications at the Master of Science in Information and Communications Engineering General information Material L. Demi 2018/19 • Course Slides (available online) Others • Class attendance: 60% mandatory • Exam: within approx. 2 months (hard submission deadline) from the end of the course you have to submit an IEEE format short paper (4-pages max) which describes your research and references to the literature on the topic. https://www.ieee.org/conferences/publishing/templates.html Exam: Modality L. Demi 2018/19 • Writing a short paper (4-pages max) related to your qualifying/thesis proposal – this paper must be written following the guidelines of the PhD School qualifying exam and using the IEEE format https://www.ieee.org/conferences/publishing/templates.html – all the writing must be original, namely there cannot be sentences which are copied from other papers. The students who will commit an act of (self)plagiarism will fail the exam. On top of this, depending on the gravity of the fact, it will be asked to expel these students from the University – it must be understandable by all the students of the course – all papers must be electronic, in PDF format • Reviewing three papers written by the colleagues (these will be assigned to you by the end of the course) The examination is passed if, after no more than one iteration, the paper is graded with WEAK ACCEPT or better grade.
    [Show full text]