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Latest News in Corporate
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November 09, 2026
A former interim leader at financial technology platform Advisor360 said in a lawsuit filed in Massachusetts state court that he was promised a retroactive pay bump for stepping into what was effectively an interim CEO role last year, only to be ousted after he sought to enforce the deal.
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November 09, 2026
The Delaware Court of Chancery's recent decision preliminarily enjoining a planned recapitalization of Cloudflare that would preserve the control of the company by its founder-controlling stockholders highlights that Delaware's new safe harbor statute for conflicted transactions doesn't protect founders or independent directors from liability, say attorneys at Fried Frank.
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November 09, 2026
Meta Platforms Inc. has urged an Illinois federal judge to throw out a proposed class action accusing it of illegally harvesting Facebook and Instagram users' facial data to train artificial intelligence models, arguing that the plaintiffs cannot show their specific photos were used and that the company is exempt from Illinois' biometric privacy law because of its financial services subsidiary.
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November 09, 2026
The Meta Platforms settlement and TikTok lawsuit addressing social media harms to minors highlight that state attorneys general are not merely extracting payments, but are also using litigation and settlements to impose durable product, institutional and policy change, say attorneys at Snell & Wilmer.
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November 09, 2026
Mitsui Chemicals said Monday it has teamed up with the government-owned Development Bank of Japan to purchase semiconductor materials maker JSR for about $11.6 billion, including debt.
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