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June 04, 2026
QVC Group Inc. defended its Chapter 11 plan at the beginning of a multiday confirmation hearing, calling it the result of a robust, good-faith process and arguing that a competing proposal from objecting preferred shareholders would lead to years of litigation.
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June 04, 2026
Rusoro Mining Ltd. urged the Delaware Chancery Court on Thursday to dismiss Gold Reserve Ltd.'s lawsuit over a failed bid for Citgo Petroleum Corp.'s parent company, arguing the case is an improper attempt to interfere with a federal court auction that already ended with the approval of a competing bid.
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June 04, 2026
Real estate developer Forestar Group Inc. and its directors urged the Delaware Chancery Court on Thursday to toss a shareholder suit accusing home builder D.R. Horton Inc. of using its control of Forestar to obtain residential lots at below-market prices, arguing the pension fund behind the case skipped a required step before suing.
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June 04, 2026
Airline passengers have asked the full Fifth Circuit to review a panel decision rejecting their proposed class action alleging the cybersecurity firm behind 2024's crippling global IT outage should be held liable for stress and physical injuries they suffered while stranded by delayed or canceled flights.
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June 04, 2026
Former Fox 2 Detroit news anchor Taryn Asher is accusing her ex-employer of sex discrimination and retaliation, alleging in a Michigan federal lawsuit that her male co-worker got prime assignments, interviews and scheduling and that she was excluded from key news meetings.
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June 04, 2026
Anthropic and China's DeepSeek are among a growing group of AI firms turning to new financing structures to meet surging demand for compute power. Reports indicate that private equity giants are assembling a $36 billion private credit vehicle to help fund Anthropic access to certain Google chips, while DeepSeek has reportedly broken from its earlier strategy by arranging more than $7 billion in outside funding.
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June 04, 2026
J.D. Power has hit Chime Financial Inc. with a lawsuit in New York federal court, accusing the fintech company of willfully infringing J.D. Power's trademarks to support a "widespread, multi-channel" deceptive advertising campaign falsely suggesting that the data analytics firm rated Chime "America's #1 Choice for Banking."
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June 04, 2026
An Illinois federal judge on Thursday granted final approval to most of Abbott Laboratories' $40 million deal to resolve shareholder claims over its management of a 2022 infant formula crisis, but questioned whether the settlement's corporate reforms justify a $15 million fee award for the investors' attorneys.
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June 04, 2026
The federal government has appealed the U.S. Court of International Trade's order requiring refunds on all duties paid under the International Emergency Economic Powers Act after the U.S. Supreme Court struck them down this year, according to filings in the trade court and Federal Circuit.
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June 04, 2026
Owners of General Motors trucks equipped with allegedly defective L87 engines have asked a Michigan federal judge to order the automaker to immediately produce studies concerning the fuel economy effects of its recall remedy, arguing the documents could narrow the litigation and test GM's public claims that the fix has only a negligible impact on gas mileage.
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June 04, 2026
Counsel for Texas Attorney General Ken Paxton urged a skeptical Massachusetts federal judge on Thursday not to block an enforcement action against Democratic fundraising platform ActBlue, arguing any "incidental" infringement of the group's First Amendment rights is outweighed by alleged evidence that it violated a Texas consumer protection law.
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June 04, 2026
A New York federal judge said that state attorneys general will have to wait on discovery to bolster their bid for a Live Nation Entertainment Inc. breakup, preferring to first tackle the live music giant's bid to upend jury findings faulting the company for monopolizing the industry.
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June 04, 2026
The Sixth Circuit on Thursday affirmed a lower court's refusal to block Procter & Gamble from selling its Spruce weed killer, holding that Scotts failed to show its Miracle-Gro packaging is distinctive enough to support trade dress claims or that the products are likely to confuse consumers.
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June 04, 2026
A trucking company has reached a $4.5 million deal to resolve a lawsuit in which a Black applicant who said the company walked back a job offer because of his race scored a $3.4 million jury award in 2023, according to recent filings in Georgia federal court.
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June 04, 2026
U.S. middle market private equity dealmakers are signaling renewed optimism, with the vast majority expecting a meaningful jump in buyout activity over the next two years after a robust 2025, according to survey results published on Thursday.
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June 04, 2026
The New York state trial court judge overseeing President Donald Trump's civil fraud case granted his request to preserve notes from private meetings between state litigators and Trump's former attorney Michael Cohen after the key witness said he felt "pressured" to testify.
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June 04, 2026
Meta Platforms Inc. is fighting a petition from two women asking the Ninth Circuit for a full court rehearing of their suit alleging that Facebook's 2009 algorithms contributed to the destruction of their villages during the genocide of Rohingya Muslims in Myanmar, saying the circuit's interpretation of Section 230 of the Communications Decency Act doesn't need revisiting.
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June 04, 2026
The level of coordination between the U.S. Department of Justice and the U.S. Securities and Exchange Commission has decreased under the Trump administration, resulting in disjointed investigatory efforts and misaligned timing in parallel investigations, experts say.
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June 03, 2026
Florida parents and their minor child have lodged a negligence suit against Campbell Soup Co. in federal court, alleging that the child and her mother discovered "worm-like organisms" moving in SpaghettiOs they ate and suffered parasitic infections as a result.
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June 03, 2026
A Mississippi federal judge on Wednesday threw out a suit brought by AbbVie and other pharmaceutical manufacturers that participate in Medicaid challenging a law barring their interference with the distribution of discounted prescriptions to pharmacies serving low-income patients.
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June 03, 2026
The backers of a Republican-led proposal to establish a long-elusive federal data privacy standard lauded the effort during a U.S. House of Representatives hearing Wednesday for being a commonsense extension of the nearly two dozen state laws already in place, while its opponents argued that the measure would establish a weak framework that favored companies over consumers.
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June 03, 2026
A former Integral Ad Science stockholder has launched a proposed class action in Delaware Chancery Court, asserting that a controlling stockholder sought the media measurement platform's $1.7 billion sale to affiliates of Novacap Management Inc. to eliminate exposure to his derivative claims alleging insider trading.
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June 03, 2026
Former Theranos executive Ramesh "Sunny" Balwani is asking the U.S. Supreme Court to review his criminal fraud conviction and nearly 13-year prison sentence, arguing that the Ninth Circuit used the wrong review doctrine in rejecting his argument that prosecutors had failed to correct allegedly false testimony given by investor victims.
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June 03, 2026
The U.S. Department of Justice said Wednesday that two health assessment companies and a founder of one of them agreed to pay $56.5 million to resolve whistleblower allegations that they submitted false diagnosis information to private Medicare insurers.
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June 03, 2026
Counsel for the families of three women who died of ovarian cancer delivered closing arguments Wednesday in their six-week-long bellwether lawsuit against Johnson & Johnson, telling jurors that decades-old internal documents prove the company hid that its talc was contaminated with asbestos.