Amgen shares climb after judge upholds Repatha patents
A ruling in a patent law case regarding a new anti-cholesterol drug involving Thousand Oaks biotech giant Amgen has skyrocketed Amgen shares. Amgen filed a patent infringement lawsuit against Sanofi and Regeneron in the U.S. District Court of Delaware in October 2014 to block the development and sale of the drug Praluent, which was developed Read More →
Read More →Yardi to get day in court over software piracy
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Read More →Santa Maria agents arrested for alleged real estate scheme
A Santa Maria real estate sales associate was arrested on five counts of grand theft for allegedly stealing more than $500,000 from Fannie Mae and Freddie Mac. Santa Barbara County District Attorney Joyce Dudley announced on Dec. 15 that Angelo Naemi allegedly conspired with Steven Gonzales to falsify documents regarding a number of short-sale transactions. Gonzales, owner Read More →
Read More →Lumps of coal for employers’ holiday stockings
By Jonathan Light There is great uncertainty about whether proposed federal wage and hour laws are going to be implemented in 2017, but there are plenty of other things to worry about on the employment law front in California. Regardless of the federal implementation, we won’t see much federal effect in California. Here are just Read More →
Read More →Proposed rules have consequences for wealth transfers
By John Ambrecht The IRS is changing estate and gift tax rules, possibly as soon as this month. If you currently have or think you will eventually have a total net estate worth more than $5.5 million for an individual or $10.9 million for a married couple, your taxes to transfer any business interests or Read More →
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