Legislative, Regulatory & Legal

Wilmington, Del. — Law firm Rigrodsky & Long, P.A is investigating potential legal claims against the board of directors of Arden Group, Inc. regarding possible breaches of fiduciary duties and other violations of law related to the company’s entry into an agreement to be acquired by global private investment firm TPG, in a transaction valued at approximately $394 million.

Camp Hill, Penn. — Rite Aid will assist customers with prescription insurance coverage issues related to the Affordable Care Act which went into effect Jan. 1, 2014 and help ensure they are able to access prescription medications under their new plans. Rite Aid joins other pharmacy retailers including Wal-Mart and Walgreens in offering prescription assistance.

Food safety and compliance issues earned Walmart some unwanted attention this week after it was learned that snacks made with donkey meat in China were also found to contain fox meat.

Walgreens, Walmart and Kroger were among major retailers quick to implement temporary new programs designed to help customers coping with one of the many glitches associated with the roll out of the Affordable Care Act.

Washington -- The National Retail Federation Thursday formally filed an appeal of a controversial antitrust lawsuit settlement covering credit card swipe fees, asking the 2nd U.S. Circuit Court of Appeals to overturn a lower court’s ruling.

The New Year began in unconventional fashion for retailers in Colorado where legal sales of marijuana by specialty shops are creating wide-ranging ramifications for other retailers.

Products with curious sounding names such as Trainwreck and Sour Diesel went on sales early Wednesday morning at shops in Colorado where residents can buy up to one ounce per day after voters in 2012 approved an amendment to the state constitution. A similar measure was passed in Washington state and stores there are expected to begin marijuana sales later this year.

New York -- Macy’s and Martha Stewart Living Omnimedia have reached a confidential settlement in their ongoing legal dispute over whether Martha Stewart breached a contract by selling certain goods at J.C. Penney Co.

Martha Stewart and Macy’s both said the terms of the settlement aren’t material to their businesses. In a separate statement, Macy's said that the settlement did not affect its outstanding claim against Penney.

The case for domestic sourcing received a boost this week after Walmart was required to recall 73,400 five-piece card table and chair sets sold under its Mainstays brand.

The recall was initiated after Walmart said it received reports of 10 injuries including one instance of a finger amputation and several fingertip amputations. The product was manufactured by the Heshan Camis Industrial Co. Ltd., of Guangdong, China, according to the Consumer Products Safety Commission.