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Latest News in Corporate
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July 27, 2026
The Delaware Chancery Court has dismissed a stockholder challenge to Envestnet Inc.'s $4.5 billion take-private sale to Bain Capital affiliates, ruling that investors approved the deal through a fully informed vote and that the complaint failed to support claims that the company's independent directors or financial adviser Morgan Stanley acted improperly.
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July 27, 2026
Anthropic owes its paid subscribers for services lost when it reduced their access to its flagship product, Claude, and made backend decisions that degraded the product's quality, one subscriber has alleged in yet another proposed class action filed in California federal court over the artificial intelligence company's usage limits.
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July 27, 2026
Investors in cosmetics business e.l.f. Beauty Inc. who are suing the company for allegedly hiding growing inventory issues stemming from inadequate sales have asked a California federal judge for class certification and to appoint Labaton Keller Sucharow LLP as class counsel, saying the requirements for certification fit the case "like a glove."
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July 27, 2026
A U.S. Court of Federal Claims judge allowed a California-based health and life insurance services company to amend its complaint to address questions about whether it qualified as an eligible employer to claim a $50,000 employee retention tax credit refund.
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July 27, 2026
DLA Piper has launched a congressional investigations practice in Washington, D.C., with a former U.S. House oversight committee attorney for Republicans and a Biden-Haris White House adviser as its leaders, the firm announced Monday.
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