AndreyPopov The Federal Trade Commission’s lawsuit on Tuesday to block Tempur Sealy’s (NYSE:TPX) planned $4 billion purchase of Mattress Firm removes an overhang on Tempur Sealy’s stock, according to a Piper Sandler analyst. The regulator issued an administrative complaint and authorized a lawsuit in federal court to prevent the deal,Continue Reading
(Reuters) – A federal judge ruled late Friday that the majority of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, the world’s largest cryptocurrency exchange, can proceed. The decision by Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia dealsContinue Reading
Robert Way/iStock Editorial via Getty Images Sportswear firm Under Armour (NYSE:UAA) said Friday it has agreed to settle a securities litigation that was originally filed in 2017 and will pay $434 million to resolve matters. As part of the settlement, the company said it has also agreed to two governanceContinue Reading
