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Latest News in Corporate
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May 20, 2026
A group of private equity fund managers and their companies urged a Florida federal court to dismiss a proposed class action brought by investors alleging a conspiracy to steal $150 million through a complex financial scheme, saying the complaint is disorganized and fails to allege wrongdoing.
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May 20, 2026
A former Johnson & Johnson toxicologist could not find evidence his employer turned over a report to the U.S. Food and Drug Administration that "unmistakably" found asbestos in the company's talc, according to a video deposition shown Wednesday to a California jury considering bellwether claims over three women's deadly ovarian cancer.
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May 20, 2026
A California appeals court declined to reinstate a mother's lawsuit blaming Uber for her daughter's death after she was hit by cars on a freeway that was miles away from where she was dropped off by an Uber driver, ruling Wednesday those intervening events are too attenuated to find the company liable.
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May 20, 2026
The high-profile trial over Elon Musk's challenge to OpenAI's for-profit conversion wrapped Monday with a quick jury verdict in favor of OpenAI and its executives, but the three-week trial drew some surprising moments for those in the courtroom who had front row seats to the fight between billionaires.
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May 20, 2026
Dow Jones urged a New York federal judge to toss a defamation suit brought by Binance over a Wall Street Journal article saying the cryptocurrency exchange fired internal investigators who uncovered transactions that purportedly went to sanctioned Iranian-backed entities, arguing that Binance hadn't shown the article was published with actual malice.
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