Sunday - October 27, 2024
State Tipoffs Involving Massachusetts Newsletter for Friday August 02, 2024 ( 13 items )  

Akamai Announces Intent to Achieve FedRAMP High and DoD Impact Levels 4 and 5 Accreditations
CAMBRIDGE, Massachusetts, Aug. 1 -- Akamai Technologies, a provider of content delivery network services, issued the following news release on July 31, 2024: * * * Accreditations address requirements to serve federal entities that demand elevated security and compliance * * * Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced its intent to achieve the Federal Risk and Authorization Management Program (FedRAMP) High accreditation   more

American Industrial Partners Acquires Veolia North America's Sulfuric Acid Regeneration Business
BOSTON, Massachusetts, Aug. 2 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented American Industrial Partners in its acquisition of the Sulfuric Acid Regeneration Business of Veolia North America. The company has been renamed Nexpera, with the mission to bring next-level expertise for industrial chemistry to its customer base. American Industrial Partners is an industrial investor with approximately $16 billion in assets under management. This team included pri  more

Berkshire Partners Invests in Vital Care
BOSTON, Massachusetts, Aug. 2 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented Berkshire Partners in its strategic investment alongside Leonard Green & Partners in Vital Care, an infusion services company. Terms of the transaction were not disclosed. The deal was announced in an Aug. 1 press release. Berkshire Partners is an employee-owned, multi-sector specialist investor in private and public equity. The team included private equity partners Christian West  more

ESPN: SportsCenter's SC Featured to Celebrate Pete Frates and the ALS Ice Bucket Challenge
BRISTOL, Connecticut, Aug. 2 -- ESPN, a sports media company, issued the following news release on Aug. 1, 2024: * * * Honoring the 10th Anniversary of the Viral Movement * * * Sunday's "SC Featured" segment on ESPN's SportsCenter will highlight the legacy of Pete Frates and the impact of the awareness he brought to the disease with the ALS Ice Bucket Challenge. Frates, a native of Beverly, Massachusetts, and a Boston College Baseball alumnus, courageously battled ALS and launched the Ice B  more

Feeling the Heat? Researchers Say Heat Waves Will Put More Older Adults in Danger
BOSTON, Massachusetts, Aug. 2 (TNSres) -- Boston University issued the following news: * * * More hot days put an additional 250 million older people at risk as climate change accelerates * * * By Jessica Colarossi If you're reading this, congratulations--you survived the world's hottest day ever recorded. On Monday, July 22, 2024, the daily global average temperature soared to a record-setting 62.87 degrees Fahrenheit (17.15 degrees C). This happened only days after heat waves scorched mu  more

Foley Hoag Joins the Green Pledge for Greener Arbitrations
BOSTON, Massachusetts, Aug. 1 -- Foley Hoag, a law firm, issued the following news on July 31, 2024: Foley Hoag announced it has signed The Green Pledge (https://www.greenerarbitrations.com/sign-green-pledge), an initiative by The Campaign for Greener Arbitrations (https://www.greenerarbitrations.com/) to reduce the environmental impact of international arbitrations. In signing, Foley Hoag commits to pursuing the pledges' eight guiding principles to promote environmentally sustainable arbitrat  more

Governor Healey Signs Legislation to Support First Responders Injured in the Line of Duty
BOSTON, Massachusetts, Aug. 2 -- Gov. Maura Healey, D-Massachusetts, issued the following news release: Governor Maura T. Healey signed into law An Act relative to disability pensions and critical incident stress management for violent crimes. This legislation ensures that first responders who are seriously injured in the line of duty can receive their full compensation until retirement. This applies to police officers, firefighters, public and municipal EMTs, and public and municipal licensed   more

Healey-Driscoll Administration Awards $52 Million in Climate Resiliency Funding to Communities
BOSTON, Massachusetts, Aug. 2 -- Gov. Maura Healey, D-Massachusetts, issued the following news release on Aug. 1, 2024: * * * Most Funding Ever Awarded through the Municipal Vulnerability Preparedness Program * * * Leominster -- Healey-Driscoll administration today announced a landmark commitment of $52.4 million in grants dedicated to advancing climate resilience across Massachusetts. This significant investment is the largest in the history of the Municipal Vulnerability Preparedness (MVP)  more

IFLR1000 Recognizes Nutter as a Recommended M&A Law Firm in 2024 Guide
BOSTON, Massachusetts, Aug. 1 -- Nutter, a law firm, issued the following news release on July 31, 2024: Nutter was named a recommended firm in the Massachusetts M&A category in the 2024 IFLR1000 guide, which ranks the world's leading financial and corporate law firms and lawyers. Nutter rose a band to improve its ranking to Tier 2. IFLR1000 is the only international legal directory dedicated to ranking law firms and lawyers based on financial and corporate transactional work. The guide ranks   more

MA AG's Office Helps End Unfair Employment Practices, Including Non-Compete Agreements At Valvoline
BOSTON, Massachusetts, Aug. 2 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release: The Massachusetts Attorney General's Office (AGO), along with a multistate coalition of six attorneys general, has announced a settlement agreement to end unfair employment practices at Valvoline LLC, Valvoline Instant Oil Change Franchising Inc., and VGP Holdings LLC (Valvoline), a major nationwide oil change and auto services company. The coalition alleged that Valvoline req  more

Ropes & Gray Assists on $2.7 Billion Secondary Public Offering of Nasdaq Inc.
BOSTON, Massachusetts, Aug. 1 -- Ropes and Gray, a law firm, issued the following news on July 30, 2024: Ropes & Gray represented Goldman Sachs in the secondary public offering by Thoma Bravo, L.P. of 41,604,2027 shares in Nasdaq, Inc. common stock, at an aggregate price of approximately $2.7 billion. The announcement was made in a July 29 press release (https://www.globenewswire.com/news-release/2024/07/29/2920286/0/en/Nasdaq-Announces-Pricing-of-Secondary-Offering-of-Nasdaq-Common-Stock.html)  more

Ropes & Gray Team Secures Broad Injunction Permanently Enjoining Florida's Stop WOKE Act
BOSTON, Massachusetts, Aug. 1 -- Ropes and Gray, a law firm, issued the following news on July 31, 2024: Ropes & Gray, along with co-counsel Protect Democracy, recently secured a statewide permanent injunction ending enforcement of the employer provisions of Florida's HB 7, also known as the Stop WOKE Act. The Florida federal district court had previously issued a preliminary injunction, which was affirmed by a unanimous panel of the U.S. Court of Appeals for the Eleventh Circuit earlier this y  more

Youth Development Fund Now Open for Applications
BOSTON, Massachusetts, Aug. 2 -- Boston Mayor Michelle Wu issued the following news: * * * The City of Boston will invest $1.5 million into community-based youth programming; take steps to immediately provide engaging activities and spaces for Boston's young people * * * Mayor Michelle Wu and the City of Boston's Human Services Cabinet announced applications are now open for the 2024 Youth Development Fund (YDF), a $1.5 million grant program to support non-profit organizations that provide h  more