Musk "trashed" Twitter to tank the stock price and renegotiate his $44 billion deal to buy the company, Twitter investors' counsel told a California federal jury at the start of trial Monday, while Musk's lawyer said it wasn't securities fraud for Musk to air "legitimate" concerns about fake accounts on the platform.
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WEDNESDAY, MARCH 4, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Musk's Twitter Trash Talk Hurt Stock, Jury Told As Trial Starts

By Bonnie Eslinger

Musk "trashed" Twitter to tank the stock price and renegotiate his $44 billion deal to buy the company, Twitter investors' counsel told a California federal jury at the start of trial Monday, while Musk's lawyer said it wasn't securities fraud for Musk to air "legitimate" concerns about fake accounts on the platform.

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Analysis

4 Things That Likely Sealed Fate Of SCOTUSblog Founder

By Jared Foretek

When 12 "guilty" verdicts were read aloud by the jury in SCOTUSblog founder Thomas Goldstein's tax evasion and mortgage fraud trial last week, it was the culmination of a 16-day trial that took jurors deep into Goldstein's ultra high-stakes poker playing, his lavish lifestyle and his former law firm's accounting. Here, Law360 looks at four key pieces of evidence that likely moved jurors to their decision.

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Calif. Jury Convicts 2 Women Of Stalking Off-Duty ICE Officer

By Dorothy Atkins

A California federal jury convicted two women of felony stalking for following an off-duty U.S. Immigration and Customs Enforcement deportation officer home while live-streaming on social media, but cleared them of an additional charge and fully acquitted a third woman who claimed the officer hit her with his vehicle.

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Post Univ. Can't Justify 'Absurd' $7.4B IP Demand, Jury Told

By Brian Steele

The proposed range of damages that Post University is seeking from the academic file sharing website Course Hero is "absurd" and shows that "something must be broken," the defense told a Hartford federal jury Monday before deliberations began in a lawsuit that could fetch more than $7.4 billion under the Digital Millennium Copyright Act.

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Meta Atty Gets Pushback From Therapist In Social Media Trial

By Craig Clough

A psychiatrist testifying as an expert for the plaintiff in a landmark bellwether trial over claims Instagram and YouTube harm children's mental health on Monday pushed back on suggestions from Meta's attorney that the plaintiff's parents' purported abuse, neglect and abandonment are possibly responsible for her mental health struggles rather than social media addiction. 

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School Mask Rule Warning Cost Director His Job, Jury Told

By P.J. D'Annunzio

A former administrator told a Pennsylvania federal jury Monday that Upper Bucks County Technical School violated his First Amendment rights by firing him for speaking out about the school's purported violation of a statewide mask mandate during the height of the COVID-19 pandemic.

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WHITE COLLAR

6th Circ. Upholds 12-Year Stint For Mich. Doc In 'Pill Mill' Case

By Melanie Dorsey

The Sixth Circuit affirmed the convictions and 12-year prison sentence of a Michigan doctor accused of operating a cash-only "pill mill" that wrote thousands of opioid prescriptions, holding that the trial judge properly handled the jury instructions and key evidentiary rulings.

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NC Woman Appeals Criminal Contempt After Atty Assault Trial

By Jonathan Capriel

A woman who claims an attorney drunkenly punched her in the face in a hotel lobby is urging a North Carolina appeals court to undo her jail sentence, arguing that a trial judge wrongly found her in contempt of court after she accidentally violated hearsay rules while testifying.

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Justices Decline CashCall Challenge To $134M CFPB Award

By Jon Hill

The U.S. Supreme Court said Monday that it will not review a Ninth Circuit decision upholding a $134 million restitution award for the Consumer Financial Protection Bureau in a long-running case over a tribal lending program that ultimately lost millions for lender CashCall Inc.

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Physical Therapy Practice Owners Get 6 Years For Fraud

By Matthew Santoni

The owners of a defunct Erie, Pennsylvania, physical therapy practice were each sentenced to six years in prison for defrauding federal healthcare programs by overbilling, prosecutors announced Monday.

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PRODUCT LIABILITY

J&J Unit Wins Bid To Revive Talc Libel Suit With New Basis

By Carla Baranauckas

A New Jersey federal judge has revived a bankrupt Johnson & Johnson talc subsidiary's trade libel claim over a 2020 scientific article linking asbestos in talc to mesothelioma, finding that new evidence and allegations concerning the authenticity of the author's data are enough to survive a motion to dismiss.

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PERSONAL INJURY & MEDICAL MALPRACTICE

Undisclosed Witnesses Can Be Excluded, Florida Panel Says

By David Minsky

A Florida state appeals court upheld $8.25 million in damages awarded to the estate of a biker killed in a DUI collision, although a full judge panel certified a conflict regarding late-filed witness testimony after ruling that lower courts aren't required to consider whether such evidence harms opposing parties. 

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EXPERT ANALYSIS

5 Different AI Systems Raise Distinct Privilege Issues

A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

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LEGAL INDUSTRY

DOJ Nixes Plan To Drop Law Firm EO Appeals In About-Face

By Emma Cueto

A day after informing the D.C. Circuit that it would no longer seek to defend the executive orders issued by President Donald Trump against four law firms, the U.S. Department of Justice reversed course Tuesday, requesting permission to withdraw its motion to voluntarily dismiss the appeals.

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Goldman's Departing CLO, Gates Asked To Testify On Epstein

By Lauren Berg

The House Oversight Committee on Tuesday asked outgoing Goldman Sachs Chief Legal Officer Kathryn Ruemmler, Microsoft founder Bill Gates, Apollo Global Management co-founder Leon Black and others to testify about their connections to child sex offender Jeffrey Epstein.

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Early Publicity Could Poison DOJ's Criminal Cases, Attys Say

By Phillip Bantz

The U.S. Department of Justice under President Donald Trump has shrugged off long-standing prosecutorial policies against publicizing criminal probes in their early stages and disparaging the targets, an "unusual" and "troubling" development that threatens the integrity of investigations, grand jury proceedings and the right to a fair trial, experts tell Law360.

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Skadden Hit With Sanctions Over 'Vexatious' Gaming Suit

By Ivan Moreno

A Manhattan federal judge has sanctioned Papaya Gaming and its attorneys from Skadden for what the court said was a "blatant" attempt to relitigate claims in Virginia that had already been dismissed in a false advertising dispute in New York with Skillz Platform, one of its competitors.

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NY Judicial Watchdog Says Complaints Break Record Again

By Andrea Keckley

New York's judicial watchdog has reported a record number of new complaints filed against judges for the fourth year in a row in 2025.

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Day Pitney Faces DQ Bid Over Ex-Justice's Role In $1.3M Case

By Aaron Keller

Day Pitney LLP should be sidelined from a $1.3 million private equity management company's windup lawsuit because former Connecticut Supreme Court Chief Justice Richard A. Robinson, now a partner at the firm, heard the case before it was earmarked for a new trial, three company owners have argued.

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New Whistleblower Program Adds 'Bit More Stick,' DOJ Says

By Bryan Koenig

The U.S. Department of Justice Antitrust Division's new whistleblower rewards program partnership with the U.S. Postal Service doesn't displace the leniency program by which companies disclose potential price-fixing and other antitrust violations, a DOJ official said Tuesday in Washington, D.C., but it is an important complement.

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DOJ Turns To 2nd Circ. In Bid To Revive James Subpoenas

By Emily Sawicki

The U.S. Department of Justice is urging the Second Circuit to revive an investigation into New York Attorney General Letitia James launched by a federal prosecutor later found to have been serving unlawfully, arguing the acting U.S. attorney for the Northern District of New York had been rightfully appointed when he launched the probe.

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Monthly Merger Review Snapshot

By Matthew Perlman

The U.S. Department of Justice got its antitrust case against Live Nation and Ticketmaster teed up for trial, as a court continues mulling the department's settlement last year in a case challenging a deal by Hewlett Packard Enterprise, and lawmakers call for scrutiny of Paramount Skydance's blockbuster acquisition of Warner Bros. Discovery.

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Meta Atty's Slip Reveals Social Media Trial Plaintiff's Identity

By Craig Clough

An attorney for Meta Platforms on Tuesday revealed the highly guarded full name of the plaintiff in a landmark bellwether trial accusing its Instagram platform and Google's YouTube of harming children's mental health, prompting the Los Angeles judge overseeing the case to strike it from the record and order everyone in the courtroom not to reveal it.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Beasley Allen

Clement & Murphy

Comber Miller

Cooley LLP

Cotchett Pitre

Covington & Burling

Day Pitney

Dilworth IP

Flannery Georgalis

Getz Balich

Goldstein & Russell

Harris St. Laurent

Jenner & Block

Keller Anderle

Kiesel Law

Kirkland & Ellis

Lanier Law Firm

Latham & Watkins

Lauro & Singer

Law Office of Thomas J. Nolan

Law Offices of Garrett S. Flynn

Leach & Walker

Marino Tortorella

Marshall Dennehey

Morgan Lewis

Morrison & Foerster

Munger Tolles

Nelson Mullins

Panish Shea

Patterson Belknap

Paul Weiss

Perkins Coie

Quinn Emanuel

Shipman & Goodwin

Skadden Arps

Susman Godfrey

UB Greensfelder

Wagstaff & Cartmell

Williams & Connolly

WilmerHale

Wilson Sonsini

Wusinich Sweeney

COMPANIES IN TODAY'S NEWS

American Bar Association

Anthropic PBC

Apollo Global Management LLC

Coinbase Global Inc.

Cox Communications Inc.

Delta Air Lines Inc.

Downtown Music Holdings LLC

FTI Consulting Inc.

Getty Images Holdings Inc.

Google LLC

Grupo Aeromexico SAB de CV

HP Inc.

Hawaiian Holdings Inc.

Hewlett Packard Enterprise Co.

Impac Mortgage Holdings Inc.

Instagram Inc.

JUUL Labs Inc.

Johnson & Johnson

Juniper Networks Inc.

Learneo Inc.

Live Nation Entertainment Inc.

Meta Platforms Inc.

Microsoft Corp.

National Association of Criminal Defense Lawyers

National Rifle Association of America

Netflix Inc.

Norfolk Southern Corp.

Progress Rail Services Corp.

Qorvo Inc.

Ryan LLC

Shutterstock Inc.

Skydance Media LLC

Snap Inc.

The Goldman Sachs Group Inc.

The Interpublic Group of Cos. Inc.

TikTok Inc.

Twitter Inc.

U.S. Anesthesia Partners

United Airlines Holdings Inc.

Universal Music Group NV

Walmart Inc.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

X Corp.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Administrative Council for Economic Defense (CADE)

California Public Utilities Commission

Competition and Markets Authority

Consumer Financial Protection Bureau

European Commission

Executive Office of the President

Federal Bureau of Investigation

Federal Communications Commission

Federal Trade Commission

Florida Supreme Court

Internal Revenue Service

New York Attorney General's Office

New York State Commission on Judicial Conduct

Ofcom

Surface Transportation Board

U.S. Attorney's Office for the Central District of California

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the Eastern District of Michigan

U.S. Attorney's Office for the Northern District of New York

U.S. Attorney's Office for the Western District of Pennsylvania

U.S. Copyright Office

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Department of Justice

U.S. Department of Transportation

U.S. District Court for the Central District of California

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Maryland

U.S. District Court for the District of New Jersey

U.S. District Court for the District of New Mexico

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of New York

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Pennsylvania

U.S. Immigration and Customs Enforcement

U.S. Postal Service

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court