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Legal & Courts
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Advanced Cell License Worth $1.25M
August 11, 2008Worcester-based Advanced Cell Technology Inc. says it could receive up to $1.25 million in up-front payments after licensing technology to Embryome Sciences Inc. of California.
August 11, 2008Revenue Plummets At Marlborough Firm
August 8, 2008Exact Sciences Corp. of Marlborough says an amended licensing agreement with another company is to blame for its second quarter revenue nosedive.
August 8, 2008Hanover To Buy Conn. Firm
August 6, 2008The Hanover Insurance Group of Worcester plans to acquire Windsor, Conn.-based specialty insurer AIX Holdings Inc.
August 6, 2008SBA Changes Rules For Oil, Gas Cos.
August 1, 2008The U.S. Small Business Administration has changed its small business size standards in an effort to maintain the small business eligibility of heating oil and liquefied petroleum gas dealers.
August 1, 2008Galvin Charges Merrill Lynch With Securities Fraud
July 31, 2008Secretary of the Commonwealth William F. Galvin has filed a complaint charging investment bank Merrill Lynch, Pierce, Fenner & Smith Inc. with securities fraud.
July 31, 2008Hanover To Sell Last Life Line
July 31, 2008The Hanover Insurance Group Inc. has come to a $220 million agreement to sell the last of its life insurance business to the Commonwealth Annuity and Life Insurance Co.
July 31, 2008Acton Firm Takes Job Market Hit
July 29, 2008Acton-based employee drug testing company Psychemedics Corp. reported a 23 percent drop in second quarter net income and a 4 percent decrease in revenue.
July 29, 2008Nasdaq Hearings Last Hope For GTC Listing
July 21, 2008Framingham-based GTC Biotherapeutics Inc. said it intends request a hearing before a Nasdaq listing qualifications panel in an attempt to save the company's stock from being delisted.
July 21, 2008Award, Licensing Bring $70M To 3Com
July 14, 2008A Taiwanese rival has agreed to pay Marlborough-based 3Com Corp. $70 million to resolve a long-standing patent dispute.
July 14, 2008Foreclosures Hit All-Time High In May
June 30, 2008The number of foreclosure deeds filed in May reached an all-time high in May, rising 107.5 percent over May 2007, according to Boston-based real estate tracker The Warren Group.
June 30, 2008- June 30, 2008
Breaking News: Worcester Men Charged In Mortgage Scam
June 27, 2008Attorney General Martha Coakley has filed 106 indictments against two Worcester men and others in a scam that used falsified bank documents to get millions in mortgage loans.
June 27, 2008$300M Offering To Fund Evergreen Expansion
June 25, 2008Marlborough-based Evergreen Solar Inc. said it intends to make an offering of $300 million in debt convertible to company shares or cash as a way to fund the completion of its new manufacturing facility
June 25, 2008Unum To Pay $5.55M Penalty For Premium Scam
June 24, 2008Tennessee-based employee benefits provider Unum Group, which has operations in Worcester, agreed to pay $5.55 million in fines for failing to report fees paid to a San Diego insura
June 24, 2008Potential $257M In GTC Deal
June 23, 2008Framingham-based GTC Biotherapeutics Inc. could earn as much as $257 million in a new partnership with Ovation Pharmaceuticals Inc. to bring its drug ATryn to the U.
June 23, 2008Bay State Drops In Litigation Ranking
June 20, 2008Businesses in Massachusetts had better watch out for lawsuits.
June 20, 2008
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