Top Stories

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  Hormel Inks $1B Brakebush Deal In Long-Term Chicken Play

  By Al Barbarino

  Hormel Foods said Wednesday it has agreed to purchase a Wisconsin supplier of processed chicken to food-service ...(read more)

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  OpenAI Knew AI Was Rogue Before Hugging Face, Suit Says

  By Dorothy Atkins

  A public interest law nonprofit sued OpenAI in California state court Tuesday, seeking to hold the ChatGPT maker...(read more)

• 3rd Circ. Topples Materiality Rule For Securities Suits

  By Carla Baranauckas

  The Third Circuit on Wednesday revived a securities fraud class action against pharmaceutical company Ocugen Inc., scrapping a decades-old circuit rule that treated a stock price's failure to move after a corrective disclosure as conclusive proof that an alleged misstatement was immaterial.

• 11th Circ. Skeptical Of PACE Lenders' CFPB Rule Challenge

  By Jon Hill

  An Eleventh Circuit panel on Wednesday appeared poised to reject an industry challenge to Biden-era Consumer Financial Protection Bureau rules for providers of property-assessed clean-energy loans, repeatedly questioning claims that the agency overstepped its authority.

• Ga. Judge Must Justify No Sanctions In Alice-Doomed IP Case

  By Dani Kass

  The Federal Circuit on Wednesday ordered a Georgia federal judge to explain why it wasn't appropriate to sanction Epic Tech LLC when there were three major signs the patent it asserted against Pen-Tech Associates Inc. was invalid.

• 3rd Circ. Calls Westlaw AI Fight 'Ordinary Copyright Case'

  By Ivan Moreno

  The Third Circuit said the first appellate fight over artificial intelligence training and fair use ultimately came down to an "ordinary copyright case," affirming that Ross Intelligence infringed Thomson Reuters' Westlaw headnotes when it used them to train a competing legal research platform.

• NY DA: Construction Exec Offered 'Quid Pro Quo' To Atty

  By Frank G. Runyeon

  The Manhattan District Attorney's Office seized the phone of The Rinaldi Group's managing director as part of a criminal investigation into allegations that he proposed a "quid pro quo" to a defense attorney representing another longtime TRG executive in a bribery case, a prosecutor has told a state court judge.

• Visa, Mastercard Get ATM Fee Antitrust Case Tossed

  By Lauren Berg

  A Washington, D.C., federal judge handed a win to Visa and Mastercard on Wednesday, dismissing a long-running class action accusing the credit card giants of running afoul of antitrust laws with ATM fee rules that hurt machine owners.

• Amazon, Investor Clash Over Del. Forum Limits On Records

  By Jarek Rutz

  Amazon.com Inc. and a stockholder seeking company records clashed before the Delaware Supreme Court on Wednesday over whether the investor should be restricted to using those documents in Delaware litigation, with the stockholder arguing the condition is too broad and Amazon saying it protects against duplicative lawsuits in multiple courts.

• FCC Eases Federal Enviro Reviews Of Broadband Projects

  By Christopher Cole

  The Federal Communications Commission voted Wednesday to substantially pare back environmental impact reviews of broadband deployment projects.

• 3 States Ask High Court To Block Abortion Shield Laws

  By Dan McKay

  Louisiana, Arkansas and Alabama urged the U.S. Supreme Court on Wednesday to strike down shield laws for reproductive care in New York, California and Massachusetts, alleging they illegally allow the mailing of abortion medication into states that restrict or ban abortion.

• Senate Leaders Unveil Project Permitting Overhaul

  By Keith Goldberg

  U.S. Senate energy and environmental leaders on Wednesday unveiled bipartisan legislation aimed at speeding up the permitting of infrastructure projects, and said they hope to get the bill through the chamber during the lame-duck session following November's elections.

• Icee Scores $23M In Slush Puppie Frozen Drink TM Fight

  By Elliot Weld

  Frozen drink company Icee was awarded $23 million in damages against rival Slush Puppie Ltd. by an Ohio federal judge who found that Slush Puppie had tried to divert customers to a product called Slushy Jack's and capitalize on Slush Puppie's brand recognition after selling the trademark rights to it.

• Independence Blue Cross Will Pay $22.5M To End FCA Case

  By P.J. D'Annunzio

  Pennsylvania health insurer Independence Blue Cross has agreed to pay $22.5 million to resolve allegations from the federal government that the company violated the False Claims Act by submitting inaccurate and untruthful diagnosis for its Medicare Advantage Plan enrollees, the U.S. attorney's office in Philadelphia said Wednesday.