The Motley Fool

AUGUST 29, 2023

Lawsuits surrounding the defective earplugs have hampered 3M for years but picked up steam in 2018 when a whistleblower complaint alleged that the company knew that the earplugs didn't work properly but concealed that fact from the military. The stock closed up 5.3% on Monday on the news. Image source: 3M. Is the saga finally over?

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Private Equity Insights

AUGUST 16, 2023

The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. Kirkland & Ellis served as legal counsel to Bain. Morgan Stanley & Co LLC is serving as financial adviser to Fogo de Chão and Rhône, while Sullivan & Cromwell served as legal counsel.

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The Motley Fool

NOVEMBER 17, 2024

The growth trend remains intact DraftKings is, of course, the fantasy sports platform that delved into online sports betting after the Supreme Court lifted the nationwide ban on it back in 2018. As various states have legalized this segment of the gambling business within their borders, DraftKings has entered these markets.

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The Motley Fool

OCTOBER 25, 2024

Prior to July 2018, Buffett and his right-hand man Charlie Munger, who passed away last November, had their hands tied when it came to buybacks. On July 17, 2018, Berkshire Hathaway's board of directors reworked these buyback covenants to give Buffett more liberty to undertake share repurchases, as he saw fit.

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The Motley Fool

APRIL 5, 2024

Ripple (CRYPTO: XRP) currently sits 85% below its peak price, which was set in January 2018. Its legal battles aren't finished yet. Legal troubles could also be why XRP has fallen 7% this year (as of April 4). The bullish sentiment has lifted Bitcoin to near all-time highs. Not all cryptocurrencies are benefiting as much.

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The Motley Fool

DECEMBER 14, 2023

Going even further back in time, the all-time high for XRP is just $3.84, and that occurred back in January 2018. Earlier this year, XRP won a major legal battle, and it looked like the scales of justice had tipped in XRP's favor. At the same time, of course, Bitcoin was cruising to an all-time high of $69,000.

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The Motley Fool

JULY 26, 2023

That debate is now over, and Altria and other cigarette companies have paid large legal settlements over the years. Metric 2018 2019 2020 2021 2022 Percentage decline in cigarette volume (5.8%) (7.3%) (0.4%) (7.5%) (9.7%) Data source: Altria. billion cigarettes in 2018 to 84.7 Image source: Getty Images. billion and 65.5

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The Motley Fool

DECEMBER 10, 2023

A starting shot signaled the beginning of a long race on May 14, 2018. Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. These numbers don't factor in momentum around sports betting legalization in new markets either.

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The Motley Fool

SEPTEMBER 17, 2023

In 2018, Bayer, known mostly for its pharmaceutical business, purchased Monsanto, the makers of the weed-killer Roundup and Roundup-resistant soybean seeds. I'll See You in Court: The rivalry also has spurred legal action. So you really want to be the company selling soy seeds to farmers.

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Conglomerates Legal Companies Investing 244

The Motley Fool

DECEMBER 29, 2023

Supreme Court had decided in 2018 to legalize sports wagering. 2018: 18% 2019: 43% 2020: 90% 2021: 111% 2022: 73% 2023: 76% (through the first nine months) Top-line gains may have slowed to 57% in its latest quarter , and DraftKings is targeting revenue growth of just 44% to 50% in the current quarter.

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The Motley Fool

MAY 18, 2024

In states where it's legal to do so, its app and website allow consumers to place various wagers on a wide range of sporting events. Supreme Court lifted the federal sports-betting ban in just 2018. The legalization movement is gaining traction, though. Simply put, DraftKings is a sports-betting stock.

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The Motley Fool

OCTOBER 7, 2024

We're still early in the sports betting world It wasn't until May 2018 that the U.S. Supreme Court gave states the freedom to decide how and if they'd legalize and regulate sports betting. The good news, though, is that it looks like a bargain for long-term investors. Since then, the number of U.S.

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The Motley Fool

OCTOBER 6, 2023

Whether Amazon is monopolistic in the legal sense of the word, it's certainly big enough to look like one. Just for the sake of argument, however, let's say the FTC's suit gets legal traction. That's why Amazon launched a homegrown delivery service in 2018. Amazon has been under regulatory and legal scrutiny before and survived.

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The Motley Fool

DECEMBER 2, 2024

Among the committee's key findings were that the audit committee acted with appropriate independence, and that top management's rehiring of former employees was consistent with proper financial reporting and legal compliance. The committee also looked into issues raised by Ernst & Young, which resigned as the company's auditor in October.

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The Motley Fool

SEPTEMBER 13, 2024

from January 2018, and is currently trading for a paltry $0.56. So here's the big picture: If XRP can put its legal and regulatory headaches behind it once and for all, it can get back to business as usual. XRP has never come close to returning to its all-time high of $3.84 And that's when the price of XRP could really take off.

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The Motley Fool

DECEMBER 28, 2023

The company hasn't increased its payment every year, but it has grown the payout at a 6% compound annual pace since 2018. It partly funded those deals with the $355 million sale of its Bayou Ethane Pipeline and $533 million in net proceeds from a legal judgment against Energy Transfer relating to its failed acquisition of Williams in 2016.

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The Motley Fool

NOVEMBER 16, 2024

The legal status of marijuana is a bit up in the air, which is the risky aspect here. But the legal marijuana market has been growing and is actually projected to overtake the beer and spirits sectors, size-wise, by 2028. In fact, the dividend has risen steadily since the dividend was initiated in 2018.

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The Motley Fool

OCTOBER 20, 2024

But it currently is 86% off its peak from January 2018. This could be the beginning of years of legal battles, adding lots of uncertainty. But there are under-the-radar digital assets to also be mindful of, such as XRP (CRYPTO: XRP). This innovative cryptocurrency has performed well since its inception more than a decade ago.

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The Motley Fool

MAY 3, 2024

But I think it could easily double, triple, or even quadruple if it scores a definitive legal victory against the SEC and the Fed cuts interest rates. XRP (CRYPTO: XRP) , the native cryptocurrency of the Ripple payment protocol network, reached its all-time high of $3.84 But today, XRP trades at about $0.50.

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The Motley Fool

SEPTEMBER 23, 2024

Ares Capital Ares Capital is a business development company ( BDC ), which means it can legally avoid paying income taxes by distributing nearly all its profit to shareholders as a dividend. It's been able to maintain or raise its payout since beginning a dividend program in 2011, with a brief exception in 2018.

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The Motley Fool

FEBRUARY 4, 2024

Stuck in a legal challenge from the U.S. XRP visited those heights in early 2018 and twice more in the early days of the SEC's lawsuit. On the cusp of a new era in digital finance, Ripple's XRP (CRYPTO: XRP) token presents a unique opportunity for the savvy investor.

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The Motley Fool

DECEMBER 10, 2023

That means managing costs more carefully to achieve profitability, which has eluded the company since it went public in 2018. This can save businesses substantial amounts of money on legal fees. That would be the slowest pace of annual growth since the company went public in 2018. DocuSign expects to deliver $2.75

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The Motley Fool

SEPTEMBER 2, 2024

The merger between legal satellite-radio monopoly Sirius XM and Liberty Sirius XM Group has all the hallmarks of a rare arbitrage play from the Oracle of Omaha. Before mid-July 2018, share buyback activity at Berkshire was nonexistent. Image source: Getty Images.

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The Motley Fool

JANUARY 24, 2024

Companies can't simply transport products across state lines, meaning a producer must have duplicative operations in every state where it's legal to sell marijuana. government legalized hemp-based products in 2018 through the Farm Bill. That means there are hurdles to growth. One example of that is Tilray Brands (NASDAQ: TLRY).

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The Motley Fool

JULY 11, 2024

In the right place at the right time DraftKings manages on online sportsbook -- at least, in states where it's legal to do so. While its roots are in the fantasy sports business, 2018's reversal of the federal ban on sports wagering has led to the legalization of sports betting in nearly 40 states. million to 7.1

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The Motley Fool

OCTOBER 21, 2024

As the only licensed satellite-radio operator , Sirius XM is a legal monopoly. Prior to July 2018, the Oracle of Omaha and right-hand man Charlie Munger (Munger passed away last November) were forced to sit on their hands. Between Oct. million shares of Sirius XM , which increased its existing stake to 108.7

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The Motley Fool

JANUARY 15, 2024

Altria's legal team began flexing its muscles last October, with 34 suits against distributors and retailers of illicit e-vapor products in California. Last June, Altria acquired NJOY, the only pod-based e-vapor product approved by the Food and Drug Administration (FDA). With brands like Camel in the U.S.

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Private Equity Insights

NOVEMBER 10, 2023

Inflexion bought the legal ranking and insights business in March 2018, in what City A.M. Inflexion has been ramping up activity in the legal space as recently it revealed that it was buying the majority of magic circle firm Allen & Overy’s legal risk management business. Inflexion has been contacted for comment.

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The Motley Fool

AUGUST 31, 2023

Company CEO Shelee Kimura called a lawsuit filed by the local government "factually and legally irresponsible," saying "we were surprised and disappointed the County of Maui rushed to court even before completing its own investigation." On Monday, Hawaiian Electric pushed back on the accusations. Pacific Power, have been hit with judgments.

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The Motley Fool

JULY 20, 2024

But the real turning point came in 2018, when the industrial giant's legal and regulatory headwinds started to pick up. The problems 3M has faced The big negatives surrounding 3M are in the legal and regulatory spheres. Since that high-water mark, the stock price has been cut in half. Let's take a look.

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The Motley Fool

DECEMBER 3, 2023

Even more disappointingly, the business has been at the forefront of management's corporate actions in recent years, with management buying M*Modal's health information services business for an enterprise value of $1 billion in 2018. It then bought wound care business Acelity for a consideration of $6.7 at the end of 2022.

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The Motley Fool

SEPTEMBER 18, 2023

PennantPark Floating Rate Capital PennantPark Floating Rate Capital (NYSE: PFLT) is a business development company (BDC), which means it legally avoids paying income taxes by distributing at least 90% of profits to investors as a dividend. These rules make steady dividend growth extra challenging, but this BDC appears up to the task.

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The Motley Fool

AUGUST 4, 2024

That's up from a trough of approximately 39% in November 2022 and an even steeper drop to 32% in January 2018. Or maybe they'd prefer supporting the Bitcoin model, setting up legal and economic roadblocks for competing systems. The coin accounts for roughly 56% of the crypto market's total value today.

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Securities and Exchange Commission (SEC) Portfolios Exchange-Traded Funds Legal 245

The Motley Fool

AUGUST 8, 2023

They accomplish this (legally) by using some of the most effective tax breaks available in the U.S. Pass-through income As part of the Tax Cuts and Jobs Act, which went into effect in 2018, pass-through income (such as from an LLC or partnership) gets a 20% tax deduction. And he isn't alone.

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The Motley Fool

APRIL 9, 2024

He kicked off the Morgan Creek Digital subsidiary in 2018, focusing on new technology ideas such as blockchain coins, big data, and artificial intelligence. The regulatory system for crypto ownership is evolving, driven by several high-profile legal challenges and the ramifications of crypto scams like the rickety FTX exchange.

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Hedge Funds Funds Exchange-Traded Funds Finance 238

The Motley Fool

SEPTEMBER 10, 2024

With sports betting now legal in 38 states, it's easy to presume DraftKings ' (NASDAQ: DKNG) highest-growth era is in the past. More states are apt to legalize sports-based wagering, but that could take more time and effort than was needed to get the first 38 on board. Supreme Court lifted the federal ban on sports betting in 2018.

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The Motley Fool

JANUARY 20, 2024

With that as background, it seems reasonable that 3M's stock is down nearly 60% from its 2018 highs. So what would it take for this industrial giant to get back to the price levels it was at in early 2018? There's a huge amount of uncertainty around how much the legal problems are going to cost 3M. MMM data by YCharts.

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