Latest news with #DavidAnderson
New York Times
8 hours ago
- Entertainment
- New York Times
Haley Joel Osment Ordered to Attend A.A. After Ski Resort Arrest
A judge has ordered the actor Haley Joel Osment to attend Alcoholics Anonymous meetings and therapy sessions for the next six months as part of a deal to dispose of charges of public intoxication and cocaine possession after he insulted the police. Mr. Osment, who rose to fame as the child actor of 'Sixth Sense' in 1999, was arrested in April at a ski resort in Mono County, Calif. Police footage of the arrest showed Mr. Osment refusing to answer questions from officers. He also asserted that he was being tortured and kidnapped by a 'Nazi' and used an antisemitic slur while addressing an officer. Later he apologized for his words and said he had experienced a blackout. At a court appearance on Monday, a judge granted Mr. Osment's request for a one-year diversion from prosecution, saying he would dismiss the charges if over the next six months the actor obeys all laws, attends three A.A. meetings a week and meets with his therapist twice a week. Diversion is an alternative procedure in criminal cases in many states that allows certain defendants to avoid prosecution and a criminal record by agreeing to complete a rehabilitation program and a period of probation. David Anderson, the Mono County district attorney, said in a statement that his office disagreed with the judge's decision. 'Based on Mr. Osment's prior D.U.I. conviction, as well as his slurs toward the arresting officer, my office did not believe diversion was appropriate,' Mr. Anderson said. A representative for Mr. Osment did not respond to a request for comment on Wednesday. He is scheduled to reappear in court in January, when the court will review his compliance with the orders. If he does not complete the diversion program, criminal proceedings will be restarted. Want all of The Times? Subscribe.
Yahoo
6 days ago
- Business
- Yahoo
Barclays Downgrades Aspen Aerogels to Equal Weight, Cuts Price Target to $7
On May 29, 2025, Barclays downgraded Aspen Aerogels, Inc. (NYSE:ASPN) from Overweight to Equal Weight. The lead analyst, David Anderson, also stated that the new price target has been revised downwards to $7.00 from $13.00. A row of electric vehicles all powered by the company's advanced battery systems. Anderson specified in his report that the rating downgrade and price target cut are informed 'mounting challenges in the electric vehicle (EV) market that directly impact Aspen's core thermal barrier business.' The decision primarily stems from diminishing EV tax credits and General Motors' (NYSE:GM) decision to slow its domestic EV production. These factors are why Barclays also cut its 2026 EBITDA forecast for Aspen by 20%. According to Anderson, Aspen's thermal barrier products for EV batteries remain unique, and the company faces limited competition. However, external market conditions have forced the company to pivot strategically. On the other hand, Barclays' Auto analyst Dan Levy projects that General Motors will produce approximately 160,000 vehicles in 2025, down from the initial expectation of 235,000 units. The production is projected to further decrease to less than 120,000 in 2026. The updated forecasts and downgrade signal the financial challenges Aspen Aerogels is expected to face ahead. Barclays' stock price target and rating adjustment underscore the influence of market shifts and regulatory changes on companies closely tied to the evolving EV industry. Aspen Aerogels, Inc. (NYSE:ASPN) is a technology company specializing in high-performance aerogel insulation for energy, industrial, and EV applications. It operates in two main segments: Thermal Barrier (provides insulation for EV batteries) and Energy Industrial (supplies insulation solutions for industries like oil, gas, and chemicals). The company's key product lines include PyroThin thermal barriers for EVs and Cryogel, Spaceloft, and Pyrogel for industrial insulation While we acknowledge the potential of Aspen Aerogels, Inc. (NYSE:ASPN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ASPN and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Independent
6 days ago
- General
- The Independent
‘Unacceptable' delayed scan could have prevented baby's death, inquest hears
A surgeon has said there were 'unacceptable' delays in obtaining a scan that could have saved the life of a one-year-old boy. Archie Squire died from heart failure in the early hours of November 23 2023, after successive cardiac arrests, days after his first birthday. He was suffering from a rare, undiagnosed heart defect in which the heart's lower half is reversed, an inquest heard. On Thursday, paediatric cardiac surgeon Professor David Anderson was called to give independent medical evidence at Kent and Medway Coroner's Court in Maidstone. He told the court the delay after Archie was referred for an echocardiogram by a GP on October 6 was 'just too long'. The referral to Queen Elizabeth the Queen Mother (QEQM) Hospital in Margate, Kent, did not result in an echo scan taking place before Archie died. Prof Anderson, who holds honorary consultant positions in several countries, said: 'If I showed this audience an echo of a heart pumping normally and an echo of a heart not pumping normally, it is absolutely barn-door obvious. 'An echo in advance of his final admission would have enabled the management to be appropriate for his situation.' While the scan would not guarantee an immediate diagnosis, it would have shown 'poor function' of Archie's heart, the inquest heard. A report prepared by Prof Anderson said: 'If his diagnosis had been correctly made, he almost certainly would not have died when he did.' It added that 'the delay in obtaining an echo was unacceptable'. He told the coroner: 'I would hope that it would have prevented him from collapsing into the situation from which he could not be resuscitated. 'We would not have been advising his family that he would have lived a long and happy life and he would have died at an old age, we would have been very, very guarded with our prognosis.' Archie is thought to have suffered from undiagnosed congenitally corrected transposition of the great arteries (CCTGA), which has been referenced in his medical cause of death, the inquest heard. Most practitioners will go through their entire working lives without seeing or having to treat CCTGA, Prof Anderson said. 'It's very rare indeed,' he added. Archie did not receive an echocardiogram during the month and a half after being referred by a GP to QEQM, or during his final hospital admission. Prof Anderson said: 'If he had an echo on November 21, which I'm certain would have shown very poor function and I suspect such severe poor function that he would have been referred to Evelina (London Children's Hospital). 'I can only imagine that the function was really pretty awful by this stage and not something that a local hospital would take on to manage.' It is unusual for someone with CCTGA to go into cardiac failure so early in their life, the inquest heard. According to the Adult Congenital Heart Association, just 0.5-1% of babies born with heart defects have CCTGA. The inquest is expected to conclude on Friday.
Business Mayor
21-05-2025
- Business
- Business Mayor
Addleshaw Goddard launches AG Elevate accelerator programme for tech businesses
David Anderson – Partner at Addleshaw Goddard The 10-month programme provides growth-stage businesses with the opportunity to secure access to world-class legal advice, regular mentorship meetings and admission to AG's global roster of seminars and networking events, many of which are attended by leading business executives, financiers and industry experts. Last year's cohort included three Scottish businesses: Innovative Chemical manufacturing business CataNiTek; vehicle rental and hire system Coastr; and Frontier Robotics – which provides autonomous software to revolutionise underwater exploration. In recent years, AG has significantly enhanced its digital assets, payments and fintech team, attracting industry heavyweights such as Grace Wyatt, an experienced financial services regulatory lawyer from Hogan Lovells. David Anderson, partner at Addleshaw Goddard, said: 'Navigating the complex legal landscape can be a daunting task for start-ups and scale-ups alike. 'Through AG Elevate, we aim to demystify these challenges, leveraging our deep tech sector knowledge to support businesses in their growth journey. We're in search of unique, driven tech companies with visionary leadership and a clear growth trajectory.' To qualify for AG Elevate, companies must be based within the technology sector, have plans to achieve high-growth status and have been the recipient of either seed or later funding. The deadline for applications to AG Elevate is end of July. To find out more and apply click here.
Daily Mail
13-05-2025
- Business
- Daily Mail
Two award-winning restaurants in Melbourne forced to close after racking up debts of over $1.3million
Two popular Asian fusion restaurants have shut up shop overnight after their wealthy owner sparked an investigation by the corporate watchdog. Kekou and Klae in Richmond, Melbourne, have entered liquidation with debts exceeding $1.3million, including an estimated $50,000 in unclaimed vouchers. Both venues have been awarded a number of accolades in recent years, both being granted a Chef's Hat prize in the Australian Good Food Guide. Owner David Anderson, who is also the director of investment firm Falcon Capital, is currently at the centre of an ASIC investigation. The probe was publicly announced on April 10, although the Australian Securities & Investments Commission (ASIC) confirmed the investigation began in May 2024. The restaurants ceased trading abruptly late in April. A notice posted on the front door of Kekou stated the proprietor had 'retaken possession of the premises' from Anderson due to 'non-payment of rent. More than $1.3million is owed to 82 creditors, with $400,000 owed to the ATO. Up to 12 employees are owed more than $220,000 in wages including $33,885 in superannuation, $49,125 in unpaid leave entitlements, and $98,157 in retrenchment payouts. Unused gift vouchers accounted for tens of thousands worth of the restaurants' liabilities, with $43,956 listed for Kekou and $7,732 for Klae. The two venues, located on Swan Street and Bridge Road respectively, also owe large sums to a series of suppliers and service providers. Some of the largest creditors include Tyro, which is owed $335,433, along with $51,089 owed to alcohol and food supply businesses. Liquidator Adrian Warry of Dye & Co said Klae owes over $65,000 to its sister venue, Kekou. The ASIC investigation came after the freezing of assets belonging to the First Guardian Masterfund, an investment vehicle also under scrutiny. Mr Anderson sits on its board. ASIC has raised a number of serious concerns about the operations of the fund. It alleges that approximately $274million of First Guardian's reported value comes from overdue receivables, with payments now months behind schedule. In addition, over $23million appears to have been paid to entities claiming to provide marketing services, in a manner that 'appears contrary to representations made to investors'. The commission also found that First Guardian invested in companies with which Anderson had either a personal or financial connection, raising questions about unmanaged conflicts of interest. According to ASIC, investors 'may have been exposed to classes of assets that differ from what was disclosed to them at the time of making their investment', and 'may have been misled about the security of their investment and likely returns'. The investigation by ASIC in Mr Anderson and his businesses continues.
