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May 04, 2026
Fintech platforms have told the U.S. Commodity Futures Trading Commission that few events should be off-limits for trading as the agency crafts rules for prediction markets, while tribes, consumer groups and states are calling on the agency to ban sports markets altogether as off-label gambling.
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May 04, 2026
Trump family-tied crypto firm World Liberty Financial LLC hit back at crypto billionaire Justin Sun with a defamation suit Monday, claiming he bet against a token he publicly hyped as part of an alleged short-and-distort scheme.
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May 04, 2026
Consumers who pursued an antitrust class action against Google urged the California federal judge who criticized their 98,000 hours billed as "grotesquely bloated" to approve their $85 million fee request, emphasizing Friday that they filed suit a year before state attorneys general joined the case and maintained a leading role in the litigation.
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May 04, 2026
The Federal Communications Commission must ensure that its drive to spur the drone industry's growth does not jeopardize air travel safety, the country's largest airline pilots' union has told the agency.
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May 04, 2026
Roush Fenway Keselowski Racing LLC, a professional stock car racing team, asked a North Carolina federal court Friday for final approval of a settlement in a data breach class action that will offer protection for fraud and identity theft.
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May 04, 2026
Wells Fargo, a California law group and an Arizona investment advisory firm have been hit with a suit in a Texas federal court alleging they aided a purported Ponzi scheme over a purported oil-and-gas industry technology company.
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May 04, 2026
The Federal Communications Commission is handing out a few extensions for companies that are struggling to meet their deadlines for the agency's "rip and replace" program, which funds the replacement of Chinese technology, but it said it won't shift any more deadlines.
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May 04, 2026
Prediction market KalshiEX may be facing long odds in its effort to convince Massachusetts' highest court that its sports-related offerings are governed by federal commodities regulators and not subject to state gaming laws, several justices suggested Monday.
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May 04, 2026
A Florida contractor is urging a federal judge to dismiss an insurer's complaint claiming it has no duty to defend the company in a wrongful death suit, saying the policy covers claims in the underlying case and arguing that parallel state court cases are better positioned to resolve the dispute.
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May 04, 2026
The Free State Foundation has urged the Federal Communications Commission to remove the antitrust exemption for sports leagues when negotiating with content providers, arguing it could allow broadcasters to compete more equitably with streaming apps.
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May 04, 2026
New Mexico's attorney general urged a state court Monday to order Meta to pay $3.7 billion to address the "public nuisance" caused by its apps, after a jury previously found the social media giant misrepresented harms to underage users.
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May 04, 2026
Global oil giants and an industry group have said Michigan Attorney General Dana Nessel has no basis to allege they conspired to restrict renewable energy and delay the transition away from fossil fuels in violation of federal antitrust laws.
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May 04, 2026
A Los Angeles cannabis-infused edibles producer has agreed to pay $50,000 to end a Proposition 65 lawsuit accusing the company of deliberately hiding the state-required warning with a peel-back product label, with most of the money going to the plaintiff's lawyer.
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May 04, 2026
The U.S. Supreme Court on Monday temporarily reinstated telehealth access for the abortion medication mifepristone, pausing a lower-court order that had blocked by-mail and remote prescriptions.
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May 04, 2026
The U.S. Supreme Court on Monday declined to hear BNSF Railway Co.'s challenge to a Minnesota business-registration law that the rail giant contends was improperly invoked to haul it into state court by an out-of-state plaintiff over alleged out-of-state harms.
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May 01, 2026
Delta Dental has agreed to pay $2.25 million to resolve the New York financial regulator's claims that the insurer maintained inadequate cybersecurity and breach response measures that enabled hackers to obtain access to files sent through the MOVEit transfer tool containing its customers' personal information.
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May 01, 2026
Former Exxon Mobil Corp. CEO Rex Tillerson testified Friday that the company followed rules dictating annual reports to investors when it came to detailing its Kearl Lake reserves, telling a jury in Texas federal court that the energy giant did not mislead investors.
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May 01, 2026
The California federal judge presiding over Elon Musk's challenge to OpenAI's for-profit conversion criticized Musk's attorney Marc Toberoff on Friday for eliciting "waste of time" trial testimony into Musk's $97.4 billion acquisition bid, warning Toberoff he "shouldn't throw young lawyers under the bus" by not quickly acknowledging his role.
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May 01, 2026
There's no reason a Virginia federal judge should stay her decision blocking the commonwealth from enforcing a law that limits children's access to social media to an hour a day unless they get special permission from their parents, says the trade group challenging the law.
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May 01, 2026
Live Nation won't face punitive damages in a lawsuit over two concertgoers' shooting deaths at the 2023 Beyond Wonderland music festival, a Washington state judge has ruled, finding that the plaintiffs failed to show the entertainment giant's alleged conduct was malicious.
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May 01, 2026
Callaway Golf Co. asked a California federal court to throw out claims it has run a disparaging smear campaign portraying TaylorMade Golf Co.'s products as poorly performing, calling the suit "a tortured effort to chill competition."
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May 01, 2026
Two members of the Senate Banking Committee on Friday shared language governing interest and rewards payments on stablecoins that appears to resolve a key battle between banks and fintech companies stalling the Senate's progress on a bill to regulate crypto markets known as the Clarity Act.
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May 01, 2026
Consumers on Thursday hit Amazon with a proposed class action in Washington federal court alleging that children's sunscreens it sells are contaminated with heavy metals such as lead and that its artificial intelligence shopping assistant Rufus doesn't disclose details about the product ingredients.
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May 01, 2026
News watchers and streaming subscribers have brought a lawsuit against Paramount Skydance Corp. opposing both its pending $110 billion acquisition of Warner Bros. Discovery and the completed tie-up between Skydance Media and Paramount Global, telling a California federal court the earlier transaction has already caused higher streaming prices.
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May 01, 2026
The U.S. Department of Agriculture had floated the idea of ditching its ReConnect program, which provides loans and grants for broadband deployment in rural areas, but the farm bill that just passed through the House of Representatives included funding for the initiative.