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Latest News in Corporate
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July 24, 2026
An Illinois federal judge tossed a proposed securities class action accusing Abbott Laboratories of misleading shareholders about its safety practices ahead of the 2022 recall at its Sturgis, Michigan, infant formula plant, saying Friday that "despite its girth," the "supersized" complaint says "too much and too little," and still needs more information to be viable.
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July 24, 2026
Federal and state lawmakers are expected in the coming months to keep pressing efforts for companies to do more to keep children safe online and rein in potentially harmful uses of emerging artificial intelligence systems, while the California legislature ponders a measure that's aimed at easing the explosion of wiretap litigation under a decades-old state law.
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July 24, 2026
Warner Bros. Discovery sued Amazon in Los Angeles court alleging it poached one of its executives despite her being under contract in "blatant disregard" of the law, and said the move is part of a pattern of behavior of inducing Warner executives to breach their employment agreements.
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July 24, 2026
The First Circuit on Friday refused to stay a Massachusetts federal court's order throwing out President Donald Trump's $100,000 fee for certain skilled-worker visas while the administration appeals the ruling.
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July 24, 2026
Owners and lessees of the large cold-storage warehouse with a flammable, anhydrous ammonia refrigeration system that caught fire last month in Boyle Heights were hit with a proposed negligence class action Friday in California state court by a plaintiff who lives about a mile and a half from the facility.
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