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Latest News in Corporate
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May 14, 2026
The Second Circuit on Thursday once again weighed the nearly decadelong fraud case against former Platinum Partners executives, which has led to hard-fought trials, convictions, acquittals, appellate reversals and even a presidential pardon, as defense counsel and the government alike argued that a litany of errors demand rectification.
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May 14, 2026
Elon Musk's counsel urged a California federal jury during trial closings Thursday to find OpenAI breached its charitable trust aided by Microsoft Corp. and slammed OpenAI CEO Sam Altman's credibility, while OpenAI's counsel argued Musk is trying to attack his competitor and urged jurors to ask themselves, "Who's telling the truth?"
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May 14, 2026
Asked to justify a massive $187.5 million attorney fee request in litigation accusing Anthropic of copyright infringement, counsel for the plaintiff class of authors told a California federal judge Thursday that the resulting $1.5 billion settlement was "the creation of class counsel."
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May 14, 2026
Takeda Pharmaceuticals will pay $13.6 million to end allegations that it caused false Medicaid claims by providing kickbacks to healthcare providers to push prescriptions of its antidepressant drug Trintellix, the U.S. Department of Justice announced Thursday.
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May 14, 2026
A medical oncologist on Thursday told a Los Angeles bellwether jury considering claims that Johnson & Johnson's talc products caused three women's deadly ovarian cancer that the female reproductive system is an "open" system where talc can migrate to the ovaries, and that "we wouldn't exist" if that was not the case.
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