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Plastic on Trial | Sumona Majumdar | TEDxGreatPacificGarbagePatch
TEDx Talks· 2025-12-12 17:18
Industry Trend & Problem Statement - The plastic industry faces a growing problem of plastic pollution in air, water, and bodies, similar to past issues with tobacco, asbestos, and lead paint [2] - Litigation is presented as a tool to address the plastic pollution crisis, drawing parallels to successful lawsuits against tobacco, asbestos, and lead paint industries [3][4][5] Litigation Strategies & Impact - Lawsuits are being used across the plastic lifecycle, from production to disposal, to stop harm, require truth, shift responsibility, and force a reckoning with plastic's true costs [6][7][8][9][10] - Lawsuits aim to expose truths, build public narratives, and reframe issues from personal to systemic, influencing public opinion and policy [6][5] - Consumer protection lawsuits challenge companies' claims of harmless or eco-friendly products, forcing honesty and material changes [8] - Public nuisance cases are filed against major corporations like Coke and Pepsi for the costs of cleaning up their plastic products, shifting responsibility from taxpayers [9] Complementary Tools & Future Outlook - Litigation needs to be paired with science, technology, policy, communications, and coalition building for enduring change [11] - The goal is to create a world free of plastic pollution by 2040, as inevitable as smokefree air [12]
The OLB Group, Inc. Announces 2025 Annual Meeting of Stockholders
Accessnewswire· 2025-12-11 14:30
Core Points - The OLB Group, Inc. will hold its 2025 Annual Meeting of Stockholders virtually on December 19, 2025, at 10:00 a.m. Eastern Time [1] - Stockholders of record as of November 25, 2025, are invited to attend and vote on key matters affecting the company's future [1] Meeting Details - Date and Time: December 19, 2025, at 10:00 AM Eastern Time [2] - Location: Virtual Meeting with a provided link for attendance [2] - Agenda Items include the election of directors, ratification of the independent auditor, and approval of executive compensation [2][5] Participation Information - Stockholders are encouraged to review proxy materials and submit votes prior to the meeting [3] - Registration instructions are available through the meeting link [3] Company Overview - The OLB Group, Inc. is a diversified fintech company specializing in integrated payment solutions and OmniCommerce [4] - The company serves businesses nationwide with secure and innovative financial technology platforms [4] Agenda Items for Consideration 1. Election of Directors: Nominees include Ronny Yakov, Ehud Ernst, Amir Sternhell, and Alina Dulimof for a one-year term [5] 2. Ratification of Independent Auditor: RBSM, LLP is proposed as the independent registered public accounting firm for the fiscal year ending December 31, 2025 [5] 3. Executive Compensation Advisory Vote: An advisory vote to approve the compensation of named executive officers [5] 4. Other Business: Updates on spin-off Dmint, ongoing litigations, and new products for 2026 will be discussed [5]
Mobix Labs Takes Action Against Denis Tse, ACE Equity Partners International, Asia-IO, and ACE SO4 to Recover Over $250 Million in Damages
Globenewswire· 2025-11-17 12:00
Core Viewpoint - Mobix Labs, Inc. has filed a Verified Complaint in the Delaware Court of Chancery against ACE Equity Partners and its affiliates for alleged fraudulent conduct and breach of contract regarding a $30 million financing obligation [1][2][3] Group 1: Allegations and Legal Actions - The lawsuit claims that ACE failed to deliver the $30 million in financing that was contractually obligated in connection with Mobix's business combination in 2023 [2] - Specific allegations against Denis Tse include personal participation in negotiations and intentional misrepresentations that induced Mobix to enter into the Subscription Agreement [2] - Mobix is seeking over $250 million in damages, punitive damages, and specific performance to enforce the $30 million equity investment [3] Group 2: Company Overview - Mobix Labs, Inc. is a fabless semiconductor company based in Irvine, California, specializing in advanced wireless and wired connectivity, RF, switching, and filtering technologies for various high-reliability markets including aerospace, defense, and 5G [4]
Kroger Files Legal Response, Brings Counterclaims Against Albertsons
Prnewswire· 2025-03-25 14:30
Core Viewpoint - Kroger has filed an answer and counterclaims against Albertsons regarding the terminated merger agreement, alleging misconduct by Albertsons that undermined Kroger's efforts to secure regulatory approval [1][2] Group 1: Legal Proceedings - Kroger's counterclaims highlight Albertsons' secretive actions in collaboration with C&S Wholesale Grocers, which included undermining Kroger's regulatory strategy during the merger process [2][4] - Albertsons is accused of engaging in a "Plan B" to sue Kroger if the merger failed, creating a paper trail of unfounded allegations contrary to their executives' testimony during antitrust trials [5][6] - Kroger seeks damages for Albertsons' willful misconduct and breaches of the merger agreement, aiming to recover investments made for regulatory approval [7] Group 2: Business Performance - Kroger continues to generate value for stakeholders through significant investments that lower prices and increase wages, contributing to a positive customer experience [3] - The company reported quarterly results that exceeded expectations, indicating positive momentum and sustainable growth prospects for 2025 [3]