Tag Archives: Antitrust

The Race to the Finish Line: Michael Jordan Takes on NASCAR in Antitrust Litigation

Ethan Anagnos – Michael Jordan is the king of the basketball court, but it seems he has finally met his match in the courtroom- with NASCAR. In 2020, Jordan embarked on a mission to make his mark in the motorsports world by forming and becoming a co-owner of 23XI Racing, along with NASCAR legend Denny […]

The True Cost of Fashion? Ignoring Shareholders

Carolina Varas – Fashion has a price, but accurately representing information to shareholders does not. Yet for Capri Holdings, the cost of failing to do so is proving to be steep. Capri Holdings Limited, a multinational fashion holding company, owns globally recognized brands such as Versace, Jimmy Choo, and Michael Kors. Similarly, Tapestry Inc., an […]

TD Bank’s $3 Billion Wake-Up Call

Emily Brafman – On October 10, 2024, the Department of Justice (DOJ) announced that TD Bank has historically become the largest U.S. financial institution to plead guilty to failing to uphold anti-money laundering (AML) standards under the Bank Secrecy Act (BSA), failing to file accurate Currency Transaction Reports (CTRs), and engaging in money laundering. This […]

Pills, Power, and Profits: Unpacking the FTC’s Crackdown on PBMs and the Drug Pricing Dilemma

Noel C. Rodriguez – Last month, the Federal Trade Commission (FTC) filed a lawsuit against “The Big Three” pharmacy benefit managers (PMBs)– CVS Caremark, Express Scripts, and OptumRx– claiming that these companies manipulate drug prices to their advantage and contribute to the harsh realities Americans face in trying to afford life-saving medications. PBMs have played […]