Tag: SENATE
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Delaware Proposes Bill to Limit Investor Lawsuits Amid Corporate Exodus Threats
Delaware lawmakers proposed a bill to limit shareholder lawsuits amid concerns over corporate relocations. The changes aim to protect directors and controlling shareholders while restricting access to internal records. Reportedly, referenced companies considering this move include Meta Platforms and Dropbox, driving the legislative response. Corporate law experts warn these amendments could reduce the success of…
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Pharmaceutical Funding Influence on U.S. Congress Members
– Over two-thirds of Congress received funding from pharmaceutical companies in 2020. – 2023-2024 cycle: $26.4 million to Democrats, $16.1 million to Republicans. – 72 senators received at least $10,000; 12 senators exceeded $100,000. – Pharmaceutical firms are top lobbying spenders, investing $372 million in 2022. Congress and Pharmaceutical ContributionsA significant analysis by Open Secrets…