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May 07, 2026
Estée Lauder investors on Thursday asked a New York federal judge to greenlight a $210 million settlement resolving their proposed class claims that the cosmetics company and its top brass announced unrealistic expectations for growth amid the ongoing effect of the COVID-19 pandemic on its business.
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May 07, 2026
Combating "gamesmanship" remains top of mind for the U.S. Department of Justice Antitrust Division as it reviews mergers, according to a New York speech Thursday from acting head Omeed A. Assefi warning parties against "altering" merger notification material or trying to "play games with documents and data."
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May 07, 2026
The former CEO of Texas financial services firm Beneficient was convicted by a Manhattan federal jury on Thursday of securities fraud and other charges connected with a scheme to fraudulently loot more than $150 million from now-defunct GWG Holdings, a publicly traded company for which he served as chairman.
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May 07, 2026
A bill to regulate crypto markets known as the Clarity Act could be marked up by the Senate Banking Committee as soon as next week, but lawmakers are still finalizing key provisions that could make or break the voting process, policymakers told attendees of the crypto conference Consensus.
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May 07, 2026
The former president and CEO of the now-defunct Oklahoma-based First National Bank of Lindsay pled guilty to one count of bank fraud for his involvement in making sham deposits in customer accounts and falsifying loan documents, the U.S. Department of Justice said Thursday.
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May 07, 2026
The NAACP has asked a Mississippi federal judge to block X.AI Corp. from operating a battery of polluting gas turbines in the community of Southaven, asserting it has continued to add turbines to power a nearby data center rather than address permitting violations.
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May 07, 2026
Fourth Circuit judges appeared dubious Thursday as counsel for Kalshi explained why its "sports event contracts" can only be regulated by the U.S. Commodity Futures Trading Commission rather than state gambling laws, with one judge remarking, "If it quacks, you know, it's a duck. Right? It's gambling isn't it?"
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May 07, 2026
The state of Louisiana on Thursday defended its standing to challenge telehealth access to the abortion medication mifepristone, telling the U.S. Supreme Court that it has suffered financial and other injuries as mail-order pills flood the state.
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May 07, 2026
Democratic U.S. senators are calling on the "Big Three" credit bureaus to explain how they're adapting their consumer credit scoring and reporting to account for buy-now-pay-later products, citing concerns about inconsistent tracking of a fast-growing source of everyday purchase financing.
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May 07, 2026
A crop insurance provider owes two farmers for the cost of arbitration proceedings and other damages they suffered after the insurer tried to halve their recovery for a tobacco crop-related loss, according to a complaint filed in North Carolina federal court.
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May 07, 2026
Bayer AG has been hit with a proposed class action in New York federal court alleging that claims on its Men's One A Day Pre-Conception Health Multivitamin supplements misleadingly convey that they could improve chances of conception and support sperm health.
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May 07, 2026
The top Democrat on the Senate Banking Committee has called on Meta CEO Mark Zuckerberg to provide more information about the company's reported plans to introduce stablecoin-based payment features for its users, accusing it of a "deeply troubling" lack of transparency about the project.
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May 07, 2026
The U.S. Department of Defense told the D.C. Circuit on Wednesday that Defense Secretary Pete Hegseth acted well within his statutory discretion when he labeled Anthropic PBC a supply-chain risk to U.S. national security, rejecting Anthropic's claims of retaliation.
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May 07, 2026
A New Jersey state appeals court has tossed a $2.5 million verdict in a lawsuit accusing Public Storage of causing a woman's fall injuries, saying it was a "miscarriage of justice" for the lower court to allow repeated references to irrelevant evidence by the plaintiff's counsel.
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May 07, 2026
Venezuela's state-owned oil company has insisted it has no way to repay some $95 million in debt to bondholders due to banks being unwilling to work with it given the pariah status of the Venezuelan government.
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May 07, 2026
An executive of a religious organization accused in a sprawling forced-labor and money laundering prosecution has asked a Michigan federal judge to loosen her bond conditions so she can raise money online while awaiting trial, saying pretrial officers can adequately monitor donations and prevent church funds from being funneled to her.
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May 07, 2026
A group of Senate Democrats on Thursday condemned the Federal Communications Commission's purported retaliation against ABC for not firing late night host Jimmy Kimmel after his controversial joke about the president and his wife.
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May 07, 2026
Connecticut investment firm TJT Capital Group LLC and its one-time chief compliance officer have settled a lawsuit accusing the former executive of taking 125 clients with $70 million in assets under management when he left for a new job, federal court records show.
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May 07, 2026
A Virginia federal judge denied Zillow and Redfin's bid Wednesday to toss the Federal Trade Commission's suit accusing the companies of colluding through a $100 million payment to stop competing on multifamily rental listings, ruling that the "fact-intensive nature" of the commission's complaint justifies it surviving past the pleading stage.
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May 07, 2026
Southwest Airlines Co. told a Texas federal judge that a recent order will make both the court and the airline's union "gatekeepers of Southwest's employee relations department," asking Thursday for the court to reconsider its order.
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May 07, 2026
A former Jackson Walker LLP partner said Thursday that she should be dropped from a suit accusing her, a former Texas bankruptcy judge she had a secret relationship with and multiple law firms of fomenting "mass corruption" in Houston's bankruptcy court.
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May 07, 2026
A New York federal judge asked state enforcers on Thursday to outline the remedies they intend to seek from Live Nation, along with the discovery they expect to need, before deciding a schedule for the next steps in the antitrust case against the major live entertainment company.
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May 07, 2026
A North Carolina federal judge dismissed a suspended attorney's lawsuit against a State Bar Disciplinary Hearing Commission member he accused of bias and due process violations, finding Thursday that the defendant is entitled to absolute quasi-judicial immunity.
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May 07, 2026
White collar compliance is getting trickier for companies that do business in Latin America, according to experts, who say they are seeing big shifts in the region connected to cartel crackdowns and efforts to strengthen corporate regulations, including relatively recent pushes for voluntary self-disclosure.
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May 07, 2026
The New Jersey state appeals court on Thursday revived five whistleblower claims brought by a former Novartis compliance attorney, finding that a trial judge wrongly treated a years‑long pattern of alleged retaliation as discrete, time‑barred events rather than a continuous campaign culminating in her 2021 termination.