Bleichmar Fonti & Auld LLP is investigating MediaAlpha's board and management for potential breaches of fiduciary duties related to misleading claims and deceptive advertising that led to a $45 million settlement with the FTC. The FTC accused MediaAlpha of falsely affiliating with government entities and misusing consumer data in its telemarketing practices. The settlement also includes governance reforms to restrict future advertising. The investigation also examines insider stock sales during the FTC complaint period, raising concerns about possible misuse of confidential information. Shareholders may have legal options and are encouraged to seek more information from the law firm.
Rakuten Kobo's 2026 annual report highlights a shift in global reading habits towards niche communities and diverse genres like sports romances, dark romance, and cozy mysteries. The report notes the fragmentation of traditional bestseller lists as r...
Anthropic, an AI company, is reserving up to 20% of its initial public offering (IPO) shares specifically for retail investors. This allocation is significantly higher than the typical 5% to 10% usually offered to individual investors in IPOs. By doi...
DataParser by 17a-4 LLC now supports capturing Zoom AI meeting summaries along with transcripts and recordings for regulatory compliance. This solution helps firms retain, supervise, and search AI-generated content, closing gaps in archiving platform...
At the 9th China International Import Expo (CIIE), Shanghai Zhenhua Heavy Industries (ZPMC) signed import procurement contracts worth RMB 2.835 billion with 12 overseas suppliers including Siemens and ABB. This brings ZPMC's cumulative procurement co...
Devia, an AI platform spun out from Visium, has launched to help biopharma companies, CDMOs, and CROs manage GxP quality deviations more efficiently. It automates the entire deviation lifecycle from reporting to root cause analysis and CAPA, reducing...
