Tausi Insider

Canada’s competition tribunal said on Thursday it had not arrived at a decision regarding the $20-billion merger between Rogers Communications Inc RCI-B-T and Shaw Communications Inc SJR-B-T. “The Tribunal wishes to advise the public that it intends to provide 24-48 hours notice on its website of the time and date of the issuance of its decision,” the competition watchdog said in a notice on its website. The much-awaited decision on the merger, one of the country’s biggest, will put an end to a 20-month-old dispute with the antitrust authority. The agency had blocked the merger on grounds that it would reduce competition. The companies had proposed selling Shaw’s Freedom Mobile Inc to Quebecor Inc to facilitate the merger, but the bureau rejected the plan saying Quebecor was not a viable competitor with the merged entity. https://www.tausiinsider.com/competition-tribunal-yet-to-decide-on-roger-shaw-merger-will-give-notice-ahead-of-decision/?feed_id=327064&_unique_id=6410fe91...

Twitter Inc has secured a ruling allowing the social media company to force several laid-off workers suing over their termination to pursue their claims via individual arbitration than a class-action lawsuit. U.S. District Judge James Donato on Friday ruled that five former Twitter employees pursuing a proposed class action accusing the company of failing to give adequate notice before laying them off after its acquisition by Elon Musk must pursue their claims in private arbitration. Donato granted Twitter’s request to force the five ex-employees to pursue their claims individually, citing agreements they signed with the company. Twitter did not immediately respond to a request for comment. The San Francisco judge left for another day “as warranted by developments in the case” whether the entire class action lawsuit must be dismissed, though, as he noted three other former Twitter employees who alleged they had opted out of the company’s arbitration agreement have joined the lawsuit ...

THE QUESTION I was recently laid off and got a good severance package from my company, equivalent to six months of salary. I was able to find another job pretty quickly, and I’m wondering what impact starting that new job would have on my potential severance payout. Do I have any legal rights to still collect my severance while starting a new job? THE FIRST ANSWER Rahul Soni , employment lawyer, Soni Law Firm, Toronto It depends. Often, severance package settlements are completely silent on your obligation to repay money based on income earned from your new job. If that’s your case, your new job will have no impact on your ability to collect your severance package. You will collect both your new job’s paycheques and your full severance package. This is your ideal situation. Other times, severance packages are structured so that your former employer can deduct, or claw back money you earn from your new job. This is done to prevent you from double-dipping. If this is your situation, th...

Hexo Corp. HEXO-T says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.-based Hexo became non-compliant with the requirement when its closing bid price for common shares listed on the Nasdaq dropped below US$1 for 30 consecutive trading days. The company says it received a notice from Nasdaq on Jan. 19 that it has regained compliance after its shares closed at or greater than the US$1 per share minimum requirement for the last 10 consecutive business days. Hexo’s shares closed Thursday at US$1.49, up from about 50 cents US a year ago when Nasdaq issued the non-compliance notice. Charlie Bowman, CEO of Hexo, says the market is starting to recognize the strides the company has made this year to position Hexo for long-term success. He says the company has kept a tight focus on resetting the organization for profitable growth and remains dedicated to delivering a premium cannabis experience. ...

Some users of a system that sends messages to pilots reported delays on Wednesday, but federal officials said the problem was not affecting flights. It is the same pilot-alerting system that broke down spectacularly earlier this month, leading the Federal Aviation Administration to briefly stop all departing flights around the country. An FAA spokeswoman said Wednesday the system that sends NOTAMs – notices to air missions – was online and operational. “Some users have reported slower response times due to high demand, but there have been no reports of impact to flight operations,” she added. The FAA posted an advisory saying that a NOTAM manager application was offline but other methods of entering alerts were working. The notice said that a hotline had been set up between the FAA’s air traffic control command centre “and industry” – presumably meaning airlines. The system is critical to aviation because pilots are required to check NOTAMs before they take off. The FAA said last wee...