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Latest News in Corporate
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July 29, 2026
The U.S. Securities and Exchange Commission claimed two real estate investment trust executives raised $152 million in a fraudulent securities offering and misrepresented the company's bleak outlook in an extensive marketing campaign in Florida federal court Wednesday.
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July 29, 2026
The Second Circuit recently held that a properly drafted contractual blocker — which caps an investor's beneficial ownership below 10% and automatically voids any transaction that would breach the cap — shields the investor from Section 16(b) liability, demonstrating that blockers have teeth, say attorneys at Sheppard.
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July 29, 2026
The new chief legal officer at Cardlytics Inc. sees data privacy and increasingly complex government regulations as among his biggest challenges when he joins the company on Monday next week.
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July 29, 2026
The significance of the recent artificial intelligence testing breach involving OpenAI and Hugging Face lies in what it reveals about the path of AI’s evolution, because legal professionals must translate that trajectory into actionable governance, contractual and advisory frameworks, says Jason Mueller at Vorys.
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July 29, 2026
The Delaware Superior Court has refused to dismiss a lawsuit accusing private equity firm Aterian Investment Partners of improperly draining millions of dollars from a holding company to avoid paying earnout obligations owed to the former owners of P.J. Mechanical, finding that the founders plausibly alleged that Aterian intentionally interfered with their contract.
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