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Latest News in Corporate
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September 28, 2026
The U.S. Securities and Exchange Commission announced settlements Monday with a former Cummins Inc. manager and her husband charged with disclosing details about the company's $3.7 billion Meritor acquisition to a chain of individuals who reaped over $500,000 from the inside information.
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September 28, 2026
A California federal judge Monday refused to let intellectual property attorney Bill Ramey off the hook for paying Netflix's attorney fees, attributing nearly $1.4 million to the Houston-based attorney's misconduct, including the concealment of the fact that his client didn't own a patent they accused Netflix of infringing.
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September 28, 2026
Coors Distributing Co. LLC has fired back amid a recent wave of beer brand owners ending contracts with the beer wholesaler, alleging in Colorado state court that two companies violated the state's arbitration laws by terminating their decades-long distribution agreements with the wholesaler without cause.
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September 28, 2026
Florida's attorney general on Monday asked a court to block OpenAI and its CEO Sam Altman from developing artificial intelligence models without third-party guardrails and from offering ChatGPT to minors, in a suit accusing the AI company of spurring young people to commit crimes and acts of violence.
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September 28, 2026
Nextdoor and Khosla Ventures urged the Delaware Chancery Court on Monday to dismiss a stockholder lawsuit challenging Nextdoor's de-SPAC merger as untimely, arguing the clock began running when the proxy that an investor described as misleading was issued in October 2021, while the plaintiff insisted later disclosures and tolling doctrines keep her claims alive.
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