The lawsuit comes about a week after the U.S. Government Accountability Office rejected the company's protest of a health-care contract that was awarded to it in 2009 and then rescinded in February.
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In a separate announcement, North Carolina-based Valencell said that it has received $5.5 million in a round of venture capital investment led by Best Buy Capital.
CarVal Investors plans to launch its first Japan real estate fund later this year to raise about $500 million; Cargill has committed $200 million to the fund.
Financial terms of the transaction, which closed on June 17, were not disclosed.
Two members of the Senate Finance Committee are requesting information from Medtronic regarding its Infuse product and the financial ties between the company and doctors that conduct clinical trials involving the product.
While pleading guilty to two counts for her role in a $42 million scheme involving the Cloud 9 Sky Flats in Minnetonka, Sheri Lynn Delich told the court that she received instructions from Cloud 9's developer Jerry Trooien on how to handle the money she fraudulently received.
Part of a lawyer’s business is representing unpopular causes.
The principals of RJF Agencies—a “fierce independent”—sold to a global giant but remain very much in charge.And now they are pitching the same deal to other insurance agencies.
Nothing generates more profit than the economics of trust.
Granite Equity Partners has a mission that makes it distinctive among private equity firms.
If we don’t better support our early-stage companies, China soon might.
Who says the best seats are in the stadium?
U.S. venture capital investments in water treatment technologies—still a small segment of VC overall—doubled
Leuthold Weeden says yes, cautiously.
An episode of hyper-reality TV.
To sushi, add izakaya munchies.