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Latest News in Corporate
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August 12, 2026
Disney, Warner Bros. and NBCUniversal urged a California federal court on Wednesday to reject Midjourney's bid to narrow their copyright lawsuit, arguing the artificial intelligence company is misreading the U.S. Supreme Court's March ruling limiting secondary copyright liability for internet service providers and that the decision does not foreclose claims of intentionally promoting infringement.
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August 12, 2026
The U.S. Securities and Exchange Commission on Wednesday denied Egan-Jones Ratings Co.'s bid for official recognition of its government bond and asset-backed securities ratings, ruling that the company's application for recertification contained inaccurate information about the company's ABS offerings.
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August 12, 2026
Goldman Sachs said Wednesday that it has agreed to acquire NEOS Investments, a provider of options-based income exchange-traded funds, for up to $2.25 billion in cash and equity, in a transaction steered by three law firms.
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August 12, 2026
The proposed elimination of a Securities and Exchange Commission rule that mandates a price benchmark for equity securities trades could allow blockchain-based trades to compete with legacy frameworks in registered markets, potentially serving as a test case for updated regulatory models, say Alex Zozos at Superstate, and Lewis Rinaudo Cohen and Edward Leaf at Cahill Gordon.
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August 12, 2026
A California federal court refused a request from auto dealership software provider Tekion Corp. to amend its antitrust case accusing CDK Global LLC of monopolization, finding Tekion already had access to the information it wants to add.
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