Top Stories

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  Oura Cites Market 'Uncertainty' In Delaying Estimated $2B IPO

  By Jade Martinez-Pogue

  Fitness-tracking ring maker Oura on Tuesday revealed that it is delaying its planned initial public offering, ci...(read more)

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  Latham, Wilson Sonsini Guide AMD's $8.2B World Labs Buy

  By Al Barbarino

  AMD has agreed to buy AI model developer and research lab World Labs in an all-stock transaction valued at appro...(read more)

• Bristol-Myers, Natco And More Can't Ditch Cancer Drug MDL

  By Hailey Konnath

  A New Jersey federal judge Tuesday refused to throw out sprawling antitrust multidistrict litigation over Celgene Corp.'s cancer drug Revlimid filed against Bristol-Myers Squibb, Natco Pharma, AbbVie and other pharmaceutical companies, ruling that buyers' pay-for-delay claims are plausible at this stage in the litigation.

• P&G Calif. Buyers Nab Class Cert. In Tampon Lead Suit

  By Lauren Berg

  A California federal judge Tuesday certified a class of consumers who allege that the Procter & Gamble Co. failed to disclose that its tampons contain unsafe amounts of lead.

• Social Media Cos., Teens Spar Over Evidence Ahead Of Trials

  By Rae Ann Varona

  Social media companies and teens who allege the companies harmed their mental health sparred in California state court Tuesday over what evidence jurors will hear in an upcoming round of bellwether trials, including whether jurors should hear purported instances of domestic violence in the teens' home lives.

• Fanatics, NFL, NBA, MLB Defeat Trading Card Monopoly Suit

  By Hailey Konnath

  A New York federal judge Tuesday threw out trading card customers' suit claiming that Fanatics manipulated the market through exclusive deals with major sports leagues and players' associations, finding that the customers don't have standing to bring their claims.

• Monsanto Starts First Roundup Trial Since High Court Ruling

  By Cara Salvatore

  A Missouri jury heard opening arguments Tuesday in the first Roundup cancer trial since the U.S. Supreme Court weighed in on the matter, with a lawyer for three plaintiffs saying Monsanto minimized decades of ominous testing, ghostwrote scientific papers and engineered a dubious EPA approval.

• RealPage Wins Injunction Against NY Rent Software Law

  By Bonnie Eslinger

  A federal judge in Manhattan granted RealPage's request for a preliminary injunction blocking a New York law banning building owners from using the property management platform to set residential rents, saying the company is "marginally" likely to prevail on its claim the statute regulates speech protected by the First Amendment.

• Anadarko Investors Ink $114M Deal Over Axed Oilfield Project

  By Lauren Berg

  A class of Anadarko Petroleum Corp. investors asked a Texas federal judge to greenlight a $114.5 million settlement resolving their long-running claims that the company misrepresented the viability of the Shenandoah deepwater oil field in the Gulf of Mexico before abandoning the project and tanking the company's stock.

• Squires Confirms PTAB Judges Will Resume Institution Calls

  By Dani Kass

  Administrative patent judges will soon resume deciding whether Patent Trial and Appeal Board challenges will be instituted on the merits, U.S. Patent and Trademark Office Director John Squires told the Senate on Tuesday during a hearing that also raised questions about if the office has sacrificed patent quality to speed through an examination backlog.

• NYC Property Owners Say 2nd-Home Tax Is Unconstitutional

  By Isaac Monterose

  A group of New York City property owners and other parties sued the New York state government on Tuesday over its pied-à-terre tax for certain high-value second homes, alleging in state court that the tax is unconstitutional because it discriminates against people who don't primarily live in the city.

• NHTSA Fuel Economy Regs Overhaul Crushes EV Ambitions

  By Linda Chiem

  The elimination of strict federal mandates for higher fuel efficiency in new cars crushes momentum for the U.S. auto industry to pivot toward alternative-powered vehicles, ensuring that manufacturers will again be caught in litigation limbo as environmental groups prepare challenges to seemingly inconsequential standards with no penalties, experts say.

• Del. Chancery Freezes 32.1M Talkdesk Shares In Viking Fight

  By Jarek Rutz

  The Delaware Chancery Court on Tuesday temporarily barred Talkdesk Inc. from disposing of roughly 32.1 million shares it received through a disputed foreclosure involving founder and CEO Tiago Paiva, while ordering expedited proceedings on a claim from investors of Viking Global that the deal violated their contractual consent rights.

• Justices Allow Third-Country Removals To Resume, For Now

  By Britain Eakin

  The U.S. Supreme Court on Tuesday allowed the Trump administration to resume, for now, deporting immigrants to countries besides their own, while agreeing to review the legality of the practice.