2 min read

Law firms Womble and BDB Pitman’s call off merger talks

Womble Bond Dickinson and UK firm BDB Pitmans had entered early merger discussions last year (Reuters) – Global law firm Womble Bond Dickinson and smaller UK firm BDB Pitmans have abandoned merger talks after “extensive discussions,” the firms said in a joint statement Wednesday. “Both firms have decided that the best path forward is to remain independent of each other,” the statement said. The law firms said in October that they were in early talks to merge. The firms said through a spokesperson they would not provide additional comments. It is not uncommon for firms to start discussions that do…
6 min read

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Canopy Growth Corporation of Class Action Lawsuit and Upcoming Deadline – CGC – Canopy Gwth (NASDAQ:CGC)

NEW YORK, July 11, 2023 /PRNewswire/ — Pomerantz LLP announced that a class action lawsuit has been filed against Canopy Growth Corporation (“Canopy Growth” or the “Company”) CGC, and certain officers. The class action, filed in the United States District Court for the Central District of Californianand docketed under 23-cv-04905, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Canopy Growth securities between June 1, 2021 and May 10, 2023, inclusive (the “Class Period”). Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934 (“Exchange Act”).…
1 min read

Reminder: Minnesota Non-Compete Ban Takes Effect on Saturday, July 1

As we previously reported, Minnesota will soon become only the fourth state (along with California, Oklahoma and North Dakota) to ban non-competitors. The state’s new law renders void and unenforceable all covenants not to compete entered by employees or independent contractors on or after July 1, 2023. The only exceptions are noncompetitive agreements relating to the sale or dissolution of a business. A “covenant not to compete” is defined in the statute to exclude non-disclosure and non-solicitation provisions, and the law states that no other provisions in an agreement containing a non-compete shall be affected. The law also prohibits employers…