MusclePharm Tangles With Insurer For Costs From SEC Investigation
This article was originally published in The Tan Sheet
MusclePharm maintains Liberty Insurance Underwriters breached its policy and should reimburse $3m the firm spent defending SEC charges of accounting and disclosure violations. The insurer argues it was not responsible for the period during which the SEC conducted its investigation.
You may also be interested in...
NCCIH Director Josephine Briggs will depart the center after nine years, with deputy director David Shurtleff serving as acting director; the 10th Circuit will not rehear MusclePharm's complaint against insurer; blood sugar supplement firm receives FDA warning letter; more news in brief.
Colgate expects a ‘modest negative impact’ from the coronavirus on its first quarter results, but it made contingency plans for longer-term impact. In a presentation at the CAGNY conference, CEO Noel Wallace discussed a new anti-aging toothpaste in China and the latest iteration of Colgate Optic White in the US.
REACH and Dr. Fresh, as well as Firefly kids’ toothbrushes and mouth rinses featuring popular comic book and cartoon characters, will join Perrigo’s Ranir division under the $113m cash deal, which is subject to federal bankruptcy court approval but expected to close in the 2020 first quarter.