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Cannabis Company MedMen Sued Over Planned Flagship Store Sales

MedMen Opportunity Fund II LP, which operates cannabis dispensaries nationwide, was hit with a lawsuit in Delaware over an alleged scheme by its principal owners to sell licenses for the company’s flagship Los Angeles locations on terms that squeeze out minority investors.

Wachtell Helps A-Rod, Investor Marc Lore Reach T-Wolves Deal (1)

Alex Rodriguez has tapped Wachtell, Lipton, Rosen & Katz for his $1.5 billion purchase of the National Basketball Association’s Minnesota Timberwolves, the second time in the past year the former baseball star has aimed to acquire a professional sports team with the help of the Wall Street law firm.

XL Fleet Corp. Sued by Investor Over SPAC Merger That Created It

An XL Fleet Corp. investor sued it in Delaware on Friday, claiming the financiers who sponsored the blank-check merger that took the hybrid car company public—including New York Islanders co-owner Jon Ledecky—knew it was a lemon before engineering the deal.

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