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Investors looking to engage in mergers and acquisitions (M&A) activity in the industry are expected to be aware of the obligations, risks and challenges faced by its participants and what to focus on when assessing the viability of a transaction.

Spencer Dinwiddie of the Brooklyn Nets (the Nets) is having a career year in the National Basketball Association (the NBA), both on and off the court.

In a recently filed lawsuit, an investor in athletic retailer Lululemon Athletica Inc. (“Lululemon”) alleges that the company’s Board of Directors (“Board”) ignored the behavior of ex-CEO, Laurent Potdevin, allowing a “toxic” work culture to develop at the company.

On August 29, 2018, the Securities and Exchange Commission (the “SEC”) filed a complaint in the United States District Court for the Eastern District of Pennsylvania against Mychal Kendricks, a linebacker for the Cleveland Browns, who at the time of the alleged activity played for the Philadelphia Eagles, and Damilare Sonoiki, a former investment banking analyst at a large investment bank, alleging multiple instances of insider trading from July 2014 through November 2014.