News & Press Releases

Member Jen Rubin was quoted by Bloomberg Law in an article about how a number of states, including California, Colorado, Georgia, and Illinois, are pushing for regulation around the use of AI systems in employee compensation decisions, among other employment contexts. The states’ efforts aim to prevent discrimination and unfair wage practices. 

Member Theresa Carnegie was quoted by Bloomberg Law in an article about the Trump Administration’s new drug-pricing models, which aim to align Medicare drug prices with lower international prices. The article notes that the pharmaceutical industry is raising legal questions about whether CMS has the authority to implement the two new pricing demonstrations.

Mintz is pleased to have represented Royal Philips, a global leader in health technology, in the sale of its Emergency Care business to Emergency Care Holdings, a platform backed by Bridgefield Capital. The Emergency Care business offers products that play a critical role in acute care management, both inside and outside the hospital, including cardiac resuscitation, such as automated external defibrillators, and emergency care devices for professional and consumer applications. Following the sale, the business now operates as Heartstream and continues to market select products under a brand license with Philips.

Mintz advised Altamira Technologies Corporation, an open-source technology company in the national security space, on its acquisition by Parsons Corporation, a leading national security and global infrastructure technology provider. The transaction is valued at $375 million, including $330 million in cash at closing and an additional $45 million earn-out contingent on 2026 EBITDA targets.

Mintz advised the placement agents in connection with a $1 billion registered direct offering of 19,000,000 shares of common stock and, in lieu of common stock, pre-funded warrants to purchase up to 41,790,274 shares of common stock. Each share of common stock and each pre-funded warrant was sold with a common stock warrant to purchase two shares of common stock.