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Latest News in Corporate
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November 06, 2026
Single-family rental giant Progress Residential and its private equity firm owner Pretium Partners have agreed to a $49.8 million settlement resolving regulators' allegations that the companies duped renters with deceptive pricing and move-in claims, the Federal Trade Commission announced Friday, calling the settlement its "largest enforcement matter" against landlords ever.
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November 06, 2026
Delta Air Lines Inc. urged a Washington federal judge to throw out a worker's lawsuit accusing the airline of concealing the terms of noncompetition restrictions from job applicants until after they had accepted job offers, contending that Washington law doesn't allow damages for the claims and that the provisions don't count as covenants.
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November 06, 2026
The top brass of a former special purpose acquisition company and a group of its former shareholders have reached a $12.5 million settlement in Delaware Chancery Court to resolve class action claims that the company executives and directors overvalued the company's shares and improperly interfered with investors' redemption rights during a 2021 merger.
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November 06, 2026
The companies behind the artificial intelligence model Grok were hit with three copyright infringement lawsuits from two publishers and a group of authors alleging their books were pirated for use in AI training.
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November 06, 2026
Norway's central bank announced Friday that KPMG LLP has agreed to pay $224.5 million to settle a class action in California federal court accusing it of ignoring red flags in auditing Silicon Valley Bank, which collapsed in 2023.
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