Latham

Elucid Raises $80 Million in Series C Round Led by Elevage Medical Technologies

Retrieved on: 
Thursday, November 9, 2023
Technology, Medical Devices, Finance, Health Technology, Professional Services, Cardiology, Software, General Health, Health, Artificial Intelligence, Ischemia, Stroke, FDA, Artery, Plaque, Marie Cassidy, Latham, Physician, Honigman LLP, Senior, Myocardial infarction, Partnership, Cardiovascular disease, Histology, Disability, Patient, Diagnosis, Death, Atherosclerosis, Quality management, Regulatory affairs, Medical device, Medical imaging, Elucid

Elucid , a leading medical technology company providing physicians with AI-powered imaging analysis software to assess cardiovascular disease, today announced it has raised $80 million in Series C funding.

Key Points: 
  • Elucid , a leading medical technology company providing physicians with AI-powered imaging analysis software to assess cardiovascular disease, today announced it has raised $80 million in Series C funding.
  • The round was led by Elevage Medical Technologies , with additional participation from industry strategics and existing investors.
  • This round brings the company’s total funding to $121 million since inception.
  • “Elevage believes leading this investment in Elucid is pivotal to support the development and commercialization of its groundbreaking diagnostic tools.

Opt-Outs in Securities Class Action Settlements More Likely in Recent Years, Especially for Large and Complex Cases

Retrieved on: 
Wednesday, October 25, 2023
Latham, Latham & Watkins, Research, Prevalence, Investment, Cornerstone Research, Cornerstone, Medical device, Tobacco

NEW YORK, Oct. 25, 2023 /PRNewswire-PRWeb/ -- The percentage of securities class action settlements with at least one putative class member opting out has increased in recent years, according to a new report by Cornerstone Research in conjunction with Latham & Watkins LLP. Between 2019 and the first half of 2022, the percentage of securities class action settlements with at least one opt-out was 11.5%, up from 5.8% during 2006–2018 and around 2.9% from 1996 through 2005.

Key Points: 
  • The report, Opt-Out Cases in Securities Class Action Settlements: 2019–H1 2022 Update , also presents new empirical analysis of how certain class action case characteristics—including certain simplified metrics associated with potential damages, indicators of complexity of the case, and indicators of greater issuer ability to pay—relate to opt-outs.
  • Of the 287 securities class action settlements from 2019 to H1 2022, 33 settlements (11.5%) had at least one identified opt-out.
  • In 2019–H1 2022, 29% of cases with class action settlements valued at over $20 million had identified opt-outs, more than 2.5 times the proportion across all class action settlements.
  • "We observe that putative class members are more likely to opt out of larger class action settlements, and, for the largest securities class action settlements, opt-outs often bring one or more separate direct action lawsuits," explained Matt Osborn , a Cornerstone Research principal and report coauthor.

SageView Enhances Wealth Management Leadership Team To Support Growth

Retrieved on: 
Thursday, October 19, 2023
Goldman Sachs, Central Florida, Uniform Investment Adviser Law Exam, Strategic planning, RIA, Assistant, Economics, History, Latham, Latham & Watkins, St. Olaf College, Wealth management, Corporation, UCLA School of Law, Goldman Sachs Personal Financial Management, MBA, Quinnipiac University, Senior, Cosgriff, University, LLP, Yum! Brands, Marketing, Employment, Retirement, UCLA, Capital, Management

NEWPORT BEACH, Calif., Oct. 19, 2023 /PRNewswire/ -- SageView Advisory Group ("SageView"), one of the nation's leading independent RIA firms, today announced it hired next-generation leaders Matt Cosgriff as Senior Vice President, Head of Wealth Management Advisory Services, and Sophie Benander as Vice President of Wealth Management Client Experience.

Key Points: 
  • Cosgriff joins SageView from BerganKDV, where he served as Director of Wealth Management, responsible for growing and managing the wealth management division, and also was a senior wealth and retirement plan advisor.
  • "Joining SageView allows me to marry my experience within the retirement and wealth management segments to support the firm's focus on becoming a leading provider of advisory services at the intersection of wealth management and retirement planning," Cosgriff said.
  • "With the support of John and the entire executive team, I'm thrilled to work with this exemplary group of wealth management professionals delivering results for our clients."
  • Prior to joining SageView in 2023, Pfeiffer served as Vice President and Senior Legal Director at Goldman Sachs, supporting the high-net-worth wealth management business.

Protaryx Medical Welcomes David Mester as New CEO to Spearhead Advancements in Transseptal Access Technology

Retrieved on: 
Tuesday, September 12, 2023
Health, Surgery, Cardiology, Medical Devices, Area studies, Heart, Boyd, AAMI, Latham, University, Louisiana State University, ISO, USB On-The-Go, MBA, University of North Carolina at Charlotte, Science, Acquisition, Latham & Watkins, Growth, FDA, Association for the Advancement of Medical Instrumentation, Management, Pharmaceutical industry, Silicon, Mester

Protaryx Medical, a pioneer in medical device innovation, today announced the appointment of David Mester, MBA as its new chief executive officer (CEO).

Key Points: 
  • Protaryx Medical, a pioneer in medical device innovation, today announced the appointment of David Mester, MBA as its new chief executive officer (CEO).
  • Protaryx Medical is known for its Protaryx Transseptal Access Device, a cutting-edge technology for transseptal procedures that provides streamlined access to the left side of the heart through the fossa ovalis.
  • What sets the Protaryx device apart is its unique integration of access and transseptal crossing functions into a single device that can be used independently or integrated with another therapy device.
  • Prior to joining Protaryx Medical, Mester held pivotal senior business and technical leadership roles at Sequoia Medical, Xeltis, Gore Medical, CarboMedics, and ViVitro Labs.

As referendum set for October 14, 'yes' is behind and the poll trends are unfavourable

Retrieved on: 
Wednesday, August 30, 2023
Latham, One Nation, Poll Bludger, Tick, Lead, DLP, History, Government, Human voice, Indigenous Voice to Parliament, UAP, SNP, Australian Electoral Commission, Artificial intelligence, Morgan, Liberal, AEC, AI, Film industry, Private investigator, Labour, NSW, Newspoll

Prime Minister Anthony Albanese today announced that the referendum on an Indigenous Voice to parliament will be held on October 14.

Key Points: 
  • Prime Minister Anthony Albanese today announced that the referendum on an Indigenous Voice to parliament will be held on October 14.
  • To succeed, a constitutional referendum requires a majority in at least four of the six states as well as a national majority.
  • A Voice poll hasn’t been conducted since the mid-August Resolve poll that gave “no” a 54–46 lead.

Ticks and crosses referendum issue

    • But in a media release last Friday, the AEC said that, owing to longstanding legal advice, ticks would be counted as “yes” votes, but crosses would be informal.
    • The “no” side is now well ahead in polling for this referendum, and that lead is increasing.
    • It’s very unlikely the ticks and crosses issue will affect the result.

Essential poll: 51–43 to Labor including undecided

    • In last week’s federal Essential poll, conducted August 16–20 from a sample of 1,151, Labor led by 51–43 including undecided (52–42 the previous fortnight).
    • Primary votes were 33% Labor (steady), 33% Coalition (up three), 14% Greens (up two), 5% One Nation (down three), 3% UAP (up one), 7% for all Others (down one) and 6% undecided (steady).
    • Respondents were asked to rate Albanese, Peter Dutton and Greens leader Adam Bandt from 0 to 10.

Morgan poll: 53.5–46.5 to Labor


    In this week’s federal weekly Morgan poll, conducted August 21–27 from a sample of 1,396, Labor led by 53.5–46.5, a 0.5-point gain for Labor since the previous week. Primary votes were 35% Labor (up 1.5), 35% Coalition (down 1.5), 13.5% Greens (up one), 5% One Nation (down one), 6.5% independents (down two) and 5% others (up two). Labor dropped 1.5 points last week.

NSW: Mark Latham resigns from One Nation

    • On August 22, New South Wales upper house MPs Mark Latham and Rod Roberts resigned from One Nation, after accusing the party of “defrauding NSW electoral funds”.
    • They will continue to sit as independents in the NSW upper house.

Victorian Warrandyte byelection: Liberals crush Greens

    • At the 2022 Victorian state election, the Liberals beat Labor in Warrandyte by a 54.2–45.8 margin.
    • The Liberals defeated the Greens by 71.1–28.9, from primary votes of 57.4% Liberals (up 8.9%), 18.6% Greens (up 7.4%), 5.7% Labour DLP (new), 4.1% independent Maya Tesa (new) and 3.9% Victorian Socialists (new).
    • It’s difficult to interpret byelections that are forfeited by one major party, but the Liberals will be happy with the surge in their primary vote.
    • Many Labor voters clearly voted Liberal instead of Greens.

Right likely to win October 14 New Zealand election


    I wrote for The Poll Bludger on August 23 that the two main right-wing New Zealand parties are likely to form government after the October 14 New Zealand election, replacing the current Labour government. The right is also likely to win the October 22 Argentine election, while there’s a UK byelection in an SNP-held seat to come.

Origis Energy Announces New $750 Million Construction Warehouse Facility

Retrieved on: 
Wednesday, August 16, 2023
Investment banking, Natixis, Growth, Inflation, Inflation Reduction Act of 2022, Rabobank, Latham, Antin Infrastructure Partners, Structured finance, Letter, Food, Investment, Renewable energy, Security (finance)

MIAMI, Aug. 16, 2023 /PRNewswire/ -- Origis Energy, one of America's leading renewable energy platforms, announced today the close of a $750 million construction warehouse facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years.

Key Points: 
  • New facility will fund approximately 2 gigawatts of large scale solar and energy storage in the U.S.
    MIAMI, Aug. 16, 2023 /PRNewswire/ -- Origis Energy , one of America's leading renewable energy platforms, announced today the close of a $750 million construction warehouse facility.
  • The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years.
  • The new warehouse facility will fund the construction of solar, storage and colocated solar plus storage projects, with expected completion dates up to 2026.
  • "Origis is in an unprecedented growth cycle fueled by customer demand and the Inflation Reduction Act," said Guy Vanderhaegen, Chief Executive Officer & President, Origis Energy.

UPSIDE Foods Promotes SVP of R&D to Chief Scientific Officer and Appoints Former Twitter Executive as Chief Legal Officer

Retrieved on: 
Thursday, August 3, 2023
Intellectual property, IPO, Research and development, Latham, CLO, Senior, General counsel, Poultry, CSO, Research, IP, Upside Foods, Sale, Government, Science, Translation, Latham & Watkins, NetApp, Growth, R, SVP, Economics, Social media, Medical device, Management, Microbiology, Sutro Biopharma

Simultaneously, Sean Edgett joins UPSIDE Foods as CLO with twenty years of legal experience.

Key Points: 
  • Simultaneously, Sean Edgett joins UPSIDE Foods as CLO with twenty years of legal experience.
  • Prior to his time at Twitter, Sean was a legal director at NetApp and an attorney at Latham & Watkins.
  • In his role at UPSIDE, Sean will lead all aspects of legal, compliance, IP, regulatory and government affairs.
  • "Being a part of UPSIDE Foods is an incredible opportunity to help build an innovative and sustainable food system," said Sean Edgett, CLO of UPSIDE Foods.

VitriVax Awarded $29M DoD Contract to Fund Vaccine Research

Retrieved on: 
Wednesday, July 19, 2023
Other Defense, Health Technology, Contracts, White House, Federal Government, University, Pharmaceutical, Education, General Health, Defense, Infectious Diseases, Public Policy, Government, Science, Biotechnology, Health, Research, Vaccine, Good, Latham, Good manufacturing practice, U.S. Department of Defense Strategy for Operating in Cyberspace, Principal investigator, New Drug Application, Defense Threat Reduction Agency, Glanders, Melioidosis, DTRA, Military personnel, Reno 1868 FC, Disease, Operation

VitriVax Inc., a formulation technology company, has been awarded a $29M five-year contract by the Defense Threat Reduction Agency (DTRA), an agency within the U.S. Department of Defense.

Key Points: 
  • VitriVax Inc., a formulation technology company, has been awarded a $29M five-year contract by the Defense Threat Reduction Agency (DTRA), an agency within the U.S. Department of Defense.
  • The project will focus on preclinical studies and development of Good Manufacturing Practice protocols, working toward an Investigational New Drug Application submission.
  • VitriVax has built a strong research team consisting of formulation and analytical scientists, as well as particle engineers and manufacturing experts.
  • They have strategically partnered with the University of Nevada, Reno and the Latham BioPharm Group, Inc., to compile a support team of industry veterans with years of Bp vaccine development, government program management experience, and government contract compliance knowledge.

Teleperformance appoints Teri O'Brien as new Chief Legal and Compliance Officer upon Leigh Ryan's retirement

Retrieved on: 
Monday, June 26, 2023
Bachelor of Science, Incoming, Latham, University, O'Brien, State Bar of California, Privacy, Leigh, Latham & Watkins, Bar association, Retirement, Chief, Growth, San Diego State University, Management, Science, Teleperformance

NEW YORK, June 26, 2023 /PRNewswire/ -- Teleperformance , a global leader in digital business services, today announced the appointment of Teri O'Brien as Chief Legal and Compliance Officer, effective on July 1, 2023.

Key Points: 
  • NEW YORK, June 26, 2023 /PRNewswire/ -- Teleperformance , a global leader in digital business services, today announced the appointment of Teri O'Brien as Chief Legal and Compliance Officer, effective on July 1, 2023.
  • O'Brien will succeed Chief Legal and Compliance Officer Leigh Ryan, who is retiring on that date.
  • O'Brien joined Teleperformance on May 15, 2023, as Incoming Chief Legal and Compliance Officer, and has been working closely with Ryan since then to ensure a smooth transition.
  • "We are pleased to have Teri joining us as Chief Legal and Compliance Officer," Julien added.

Teleperformance Appoints Teri O’Brien as new Chief Legal and Compliance Officer Upon Leigh Ryan’s Retirement

Retrieved on: 
Monday, June 26, 2023
Professional Services, Other Professional Services, Technology, Other Technology, Software, Consulting, Artificial Intelligence, Latham, University, Privacy, Leigh, Latham & Watkins, Certified Public Accountant, Chief, Growth, San Diego State University, Management, Science, Teleperformance, Accounting

Teleperformance (Paris:TEP), a global leader in digital business services, today announced the appointment of Teri O’Brien as Chief Legal and Compliance Officer, effective on July 1, 2023.

Key Points: 
  • Teleperformance (Paris:TEP), a global leader in digital business services, today announced the appointment of Teri O’Brien as Chief Legal and Compliance Officer, effective on July 1, 2023.
  • O’Brien will succeed Chief Legal and Compliance Officer Leigh Ryan, who is retiring on that date.
  • O’Brien joined Teleperformance on May 15, 2023 as Incoming Chief Legal and Compliance Officer and has been working closely with Ryan since then to ensure a smooth transition.
  • "We are pleased to have Teri joining us as Chief Legal and Compliance Officer," Julien added.