Corporate

  • April 17, 2025

    No Redo In Ex-CEO's $6M Stock Case Against Co., Law Firm

    The former CEO of WorldQuant Predictive Technologies LLC cannot reargue failed $6 million stock loss claims against the company from which he was ousted or its law firm Pullman & Comley LLC, a Connecticut trial judge has ruled.

  • April 17, 2025

    Greenberg Traurig Adds Private Wealth, Finance Attys In Texas

    Greenberg Traurig LLP has bulked up both its private wealth services and finance practices in Austin, Texas, with one attorney coming aboard from Jackson Walker LLP and another returning to the firm following an in-house role with JPMorgan Chase & Co. 

  • April 17, 2025

    Calif. Court Says Co.'s Heart Monitors Are Not Tax-Exempt

    A California company is not eligible for a $3.3 million refund of sales and use tax paid on heart monitoring devices because the devices aren't considered tax-exempt medicine, a state appeals court ruled.

  • April 17, 2025

    CFPB Will Cut Examinations By Half In Broad Retreat: Memo

    The Consumer Financial Protection Bureau plans to cut back sharply on its policing of nonbank financial firms, slash examinations and pull back on its use of fines as part of a dramatic shift in supervisory and enforcement priorities outlined in a new internal memo.

  • April 17, 2025

    NJ Says Discord Misled Public About Messaging App's Safety

    New Jersey Attorney General Matt Platkin alleged in a complaint Thursday that popular messaging app Discord has misled kids and parents for years about the app's safety, leaving children vulnerable to harassment, abuse and sexual exploitation.

  • April 17, 2025

    Judge Rules Google Monopolized Ad Tech In 2nd Win For DOJ

    A Virginia federal judge on Thursday handed the U.S. Department of Justice Antitrust Division its second seminal win against Google, ruling that the search giant has illegally monopolized markets for display advertising placement technology.

  • April 17, 2025

    LegalZoom Scores Arbitration In Unlawful Practice Suit

    A suit accusing online legal services provider LegalZoom of engaging in the unauthorized practice of law will head to arbitration, after a New Jersey federal judge ruled the claims fall within the scope of an enforceable arbitration agreement.

  • April 17, 2025

    Haynes Boone Atty Joins Mintz Capital Markets Team

    Mintz Levin Cohn Ferris Glovsky and Popeo PC said Tuesday that its New York office has welcomed a corporate attorney from Haynes Boone who advises investment banks and private issuers on equity securities offerings and strategic investments.

  • April 17, 2025

    Justices Revive Cornell Workers' ERISA Fee Suit

    The U.S. Supreme Court revived a class action Thursday from Cornell University workers who said their retirement plans were saddled with excessive fees, finding the Second Circuit shouldn't have nixed their claim that the plans' arrangements with recordkeepers violated federal benefits law.

  • April 17, 2025

    Global Payments To Acquire Worldpay In $24.3B Deal

    Global Payments Inc. unveiled plans Thursday to acquire payments giant Worldpay from GTCR and FIS for $24.25 billion, while divesting its issuer solutions business to FIS for $13.5 billion, in transactions that could reshape the global payments landscape.

  • April 16, 2025

    Geron Shareholder Sues Execs Over Drug Launch Claims

    A shareholder of Geron Corp. has filed a derivative suit against current and former members of the biopharmaceutical company's top brass, accusing them of making misleading statements about the commercial prospects of its cancer drug despite knowing that the company faced challenges to the drug's success.

  • April 16, 2025

    DexCom Execs Sued For Allegedly Misleading Growth Claims

    Executives and directors of glucose monitor manufacturer DexCom Inc. have been hit with a derivative suit alleging that they concealed from investors that DexCom struggled to maintain a sales force that could keep up with growing demand following a Medicare policy expansion.

  • April 16, 2025

    JetBlue Hit With Meal Break, Back Pay Class Suit In Wash.

    JetBlue Airways Corp. is the target of a proposed class action in Washington state court from workers who allege the airline owes them for sick leave and breaks, as well as back pay for new hires, who had to study for mandatory orientation and job assessments.

  • April 16, 2025

    Lindell Claims 'I'm In Ruins,' Can't Pay Smartmatic Sanctions

    MyPillow CEO Mike Lindell told a D.C. federal judge that he has "no money" to pay the $56,369 in sanctions he was ordered to for filing third-party counterclaims against election systems company Smartmatic, saying Wednesday that he is "in ruins."

  • April 16, 2025

    Carvana Stockholders Urge Revival Of Insider Trading Suit

    Stockholder attorneys who saw unjust enrichment and fiduciary breach claims against Carvana Inc.'s directors, officers and controller scuttled in Delaware's Court of Chancery last year urged the state's justices Wednesday to revive claims against its controller, who allegedly relied on inside information while selling $3.7 billion of shares.

  • April 16, 2025

    IBM Sues Insurers Over $900M In Environmental Expenses

    IBM has taken several of its excess commercial general liability insurers to New York federal court, arguing that following IBM's coverage settlements with underlying insurers, they are now on the hook for over $900 million in environmental remediation expenses incurred under policies issued between 1961 and 1970.

  • April 16, 2025

    Fla. Realty Co. Sued Over Home Liens Told To Pay Ch. 11 Bills

    A Florida bankruptcy judge on Wednesday said he would approve judgments ordering a realty company sued over predatory listing contracts that effectively acted as liens on homes to pay more than $800,000 in Chapter 11 fees, including to attorneys representing homeowners allegedly duped into signing the agreements.

  • April 16, 2025

    Judge Axes Suit Against Intel Unit Mobileye Over Supply Glut

    Autonomous driving company Mobileye Global Inc. has escaped a proposed investor class action that claimed the company's trading prices slid after it cut its first quarter revenue expectations in half, citing a supply glut, with a New York federal judge ruling that the investors' second amended complaint failed to plead any actionable misstatements, among other things.

  • April 16, 2025

    Auto Supply Chain Tariffs Chart Tricky Compliance Landscape

    The compliance landmines created by the Trump administration's sweeping new tariffs have sparked a scramble among the automotive supply chain to renegotiate contracts and stockpile inventory to blunt the financial impacts in the short term, but long-term strategies are still being ironed out, experts say.

  • April 16, 2025

    Mich. AG Pushes For Strengthening Consumer Protection Law

    Michigan's attorney general on Wednesday asked lawmakers to broaden the reach of the state's consumer protection law following a setback in her efforts to change the law in court.

  • April 16, 2025

    Venture Global Faces Investor Suit Over Post-IPO Slump

    Liquefied natural gas exporter Venture Global Inc. has been hit with a class action in Virginia federal court from an investor who claims that the company's registration statements from its $1.8 billion initial public offering earlier this year contained false and misleading statements about Venture's production levels and the costs of some of its projects.

  • April 16, 2025

    Musk Rips Calif. AG Decision To Not Join Suit Against OpenAI

    Elon Musk blasted a California attorney general's office decision declining to join his federal lawsuit against OpenAI, saying in a Tuesday filing the decision appears to "misapprehend" the complaint and its derivative claims and "mischaracterizes or misunderstands" the consortium of investors he's assembled to bid on OpenAI Inc.'s assets.

  • April 16, 2025

    CFPB Defends Bid To Undo Redlining Deal

    The Consumer Financial Protection Bureau reiterated Tuesday its bid in Illinois federal court to refund a Chicago-area mortgage lender's redlining settlement, arguing that consumer advocates fighting to keep the deal in place "attack a strawman" and posit "a parade of horribles that have nothing to do with this case."

  • April 16, 2025

    Groups Urge Congress To Probe DC's Use Of Private Attys

    The American Tort Reform Association and two other groups called on Congress on Wednesday to investigate District of Columbia Attorney General Brian Schwalb for the office's use of outside counsel for litigation, which they say has issued millions in legal contracts with little transparency or accountability.

  • April 16, 2025

    Jones Walker Trots Into Kentucky With New Equine Law Atty

    Jones Walker LLP has expanded its reach into the Kentucky market by adding a former Dinsmore & Shohl LLP equine, racing and gaming law attorney to its corporate practice group, the firm has announced.

Expert Analysis

  • Recent Cases Highlight Latest AI-Related Civil Litigation Risks

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    Ongoing lawsuits in federal district courts reveal potential risks that companies using artificial intelligence may face from civil litigants, including health insurance coverage cases involving contractual and equitable claims, and myriad cases concerning securities disclosure claims, say attorneys at Katten.

  • Employer Tips To Navigate Cultural Flashpoints Investigations

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    As companies are increasingly flooded with complaints of employees violating policies related to polarizing social, cultural or political issues, employers should beware the distinct concerns and increased risk in flashpoints investigations compared to routine workplace probes, say attorneys at Seyfarth.

  • Opinion

    We Must Allow Judges To Use Their Independent Judgment

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    As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.

  • 4 Actions For Cos. As SEC Rebrands Cyber Enforcement Units

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    As the U.S. Securities and Exchange Commission signals its changing enforcement priorities by retooling a Biden-era crypto-asset and cybersecurity enforcement unit into a task force against artificial-intelligence-powered hacks and online investing fraud, financial institutions and technology companies should adapt by considering four key points, say attorneys at Troutman.

  • High Court Water Permit Ruling Lacks Specificity

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    The enforcement impact of the U.S. Supreme Court’s recent decision in San Francisco v. U.S. Environmental Protection Agency may not be significant, because while the ruling makes clear that certain water permit provisions must instruct permittees on how to achieve stated goals, it doesn’t clarify the level of necessary instruction, says Daniel Deeb at ArentFox Schiff.

  • Mitigating The Risk Of Interacting With A Designated Cartel

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    There are steps companies doing business in Latin America should take to mitigate risks associated with the Trump administration's designation of several cartels as foreign terrorist organizations and the terrorism statute's material-support provisions, which may render seemingly legitimate transactions criminal, say attorneys at Covington.

  • Preparing For Tariffs On Canadian Power In The Northeast

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    The on-again, off-again risk of import and export tariffs on energy transactions between the U.S. and Canada may have repercussions for U.S. energy stakeholders in the ISO New England and New York Independent System Operator electricity markets — but there are options that could help reduce cost impacts, say attorneys at Husch Blackwell.

  • New SEC Guidance May Change How Investors, Cos. Talk

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    The U.S. Securities and Exchange Commission's recent updates to the Schedules 13D and G compliance and disclosure interpretations may mean large institutional investors substantially curtail the feedback they provide companies about their voting intentions in connection with shareholder meetings, which could result in negative voting outcomes for companies, say attorneys at Cleary.

  • Series

    Performing Stand-Up Comedy Makes Me A Better Lawyer

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    Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.

  • Series

    Adapting To Private Practice: From SEC To BigLaw

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    As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.

  • What's Old And New In The CFTC's Self-Reporting Advisory

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    Attorneys at Blank Rome analyze the U.S. Commodity Futures Trading Commission's recent advisory that aims to provide clarity on self-reporting violations of the Commodity Exchange Act, and review whether market participants should shift their thinking — or not — when it comes to cooperation with the CFTC.

  • How Trump's Crypto Embrace Is Spurring Enforcement Reset

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    The U.S. Securities and Exchange Commission's recent willingness to step away from ongoing enforcement investigations and actions underscores the changing regulatory landscape for crypto under the new administration, which now appears committed to working with stakeholders to develop a clearer regulatory framework, say attorneys at Sheppard Mullin.

  • Making The Case For Rest In The Legal Profession

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    For too long, a culture of overwork has plagued the legal profession, but research shows that attorneys need rest to perform optimally and sustainably, so legal organizations and individuals must implement strategies that allow for restoration, says Marissa Alert at MDA Wellness, Carol Ross-Burnett at CRB Global, and Denise Robinson at The Still Center.

  • Opinion

    CPSC's Amazon Ruling Is A Win For Safety, Accountability

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    A recent U.S. Consumer Product Safety Commission order classifying Amazon.com as a distributor, and requiring it to comply with notice, recall, refund and remediation obligations for defective products, is a major victory for consumer safety — and for attorneys pursuing product liability claims against major online retailers, says Donald Fountain at Clark Fountain.

  • 4 Ways Women Attorneys Can Build A Legal Legacy

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    This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.

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