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Latest News in Corporate
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August 18, 2026
TurboTax distributor Intuit Inc. has been hit with a shareholder's proposed class action accusing it of falsely telling investors that it was well-positioned to integrate generative artificial intelligence tools even though the technology was actually diminishing Intuit's primary businesses.
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August 18, 2026
A Texas appellate court tossed counterclaims brought by the former CEO of defunct conservative fintech company GloriFi against an erstwhile investor, saying he failed to show the investor defamed him.
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August 18, 2026
A New Jersey federal judge on Tuesday denied Coinbase's latest bid to escape a proposed class action accusing it of misleading investors about risks tied to regulatory action and potential bankruptcy, ruling that it is "not difficult to infer" that the company and its leadership were financially motivated to deceive shareholders.
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August 18, 2026
The same facts in litigation against B. Riley Financial produced three different outcomes in three courthouses, but the Court of Chancery's decision in Marchner v. B. Riley is the cleanest demonstration in years of why boards facing a government investigation often prepare for the wrong lawsuit, says Ashwin Ram at Buchalter.
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August 18, 2026
The Illinois federal judge handling multidistrict litigation claiming Mead Johnson or Abbott Laboratories infant formula led to a severe gut illness in premature babies deemed it "disappointing" that testimony in an ongoing bellwether trial largely consists of video depositions, warning she won't conduct another unless most witnesses will take the stand in Chicago.
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