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May 08, 2026
The head of the U.S. Department of Labor's employee benefits section said agency investigations will focus on benefit plan managers' loyalty conflicts, including pursuit of socially conscious goals. Meanwhile, Dell became the latest company to consider Texas as its new legal home. These are among the stories in corporate legal news you may have missed in the past week.
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May 08, 2026
Thirteen major book publishers have asked a New York federal court to enter a default judgment against Anna's Archive, seeking $19.5 million in damages after the alleged "shadow library" failed to respond to claims that it illegally distributes pirated books and research papers.
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May 08, 2026
Eversheds Sutherland has hired a 16-year veteran of the U.S. Securities and Exchange Commission as a counsel in its U.S. capital markets and investments practice group, the firm said Thursday.
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May 08, 2026
The legal sector is once again on a positive trajectory, gaining 2,400 jobs last month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
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May 08, 2026
A Colorado federal judge has sanctioned the attorney defending Mike Lindell in a defamation lawsuit brought by a Dominion Voting Systems executive for a second time after finding an incorrect citation in a filing, despite the attorney's representation that the mistake was a product of human error, not artificial intelligence.
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May 08, 2026
In this week's Taxation With Representation, gold companies Regis Resources and Vault Minerals combine, Long Lake Management acquires American Express Global Business Travel, and Vodafone buys out CK Hutchison Holdings to become the sole owner of their telecommunications joint venture.
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May 08, 2026
The top official for the U.S. Department of Labor's employee benefits subagency said at a trade association conference Friday that agency investigations will focus on benefit plan managers' loyalty conflicts, including disloyal pursuits of socially conscious investing or diversity goals.
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May 08, 2026
A longtime shareholder of toy and entertainment company Mattel says the company would be better positioned for long-term growth under new ownership, including by private equity firms, rivals such as Hasbro, or major media companies.
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May 07, 2026
California federal jurors weighing Elon Musk's challenge to OpenAI's for-profit conversion on Thursday watched prerecorded testimony from a former OpenAI board member who voted to oust CEO Sam Altman in 2023 over concerns his pattern of lies and deception fostered a "toxic culture of lying."
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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
A former U.S. Food and Drug Administration commissioner testifying Thursday in a Los Angeles bellwether trial over claims Johnson & Johnson's talc products caused three women's deadly ovarian cancer described an internal document showing J&J feared the FDA's "disturbing proposal" to test the talc instead of relying on industry self-testing.
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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 New York engineering and design firm that contracted to reconstruct a 10-mile stretch of Interstate 70 in Denver asked a Colorado state jury to award it $32.5 million for breaches it says a subcontractor made during the project's course.
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May 07, 2026
A Ninth Circuit panel has refused to undo a California federal court order rejecting Crain Walnut Shelling's bid to lead a securities class action against Super Micro Computers Inc., concluding Thursday the lower court properly determined other investors had shown the nut processor wasn't fit to spearhead the case.
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May 07, 2026
A Missouri appellate panel on Tuesday upheld a trial win of $95 million in compensatory damages and $400 million in punitive damages over bellwether claims that Abbott Laboratories' baby formula caused a premature baby to suffer a fully disabling condition.
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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 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
Liberty Mutual Insurance Co. faces a proposed consumer class action alleging it failed to effectively safeguard private information for current and former clients after hackers claimed they stole information and sought a ransom payment.
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May 07, 2026
Meta and its Instagram platform asked a Los Angeles judge to override a landmark jury verdict awarding millions of dollars in damages to a woman claiming she became addicted to the social media site as a child, saying in the alternative they deserve a new trial.
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May 07, 2026
A California federal judge has issued final judgments against a pharmaceutical company, its CEO and an affiliate on claims from the U.S. Securities and Exchange Commission that they defrauded investors of $6.6 million, hitting them with more than $2 million in damages and civil penalties.
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May 07, 2026
President Donald Trump's temporary global 10% tariffs are unlawful because the narrow set of economic conditions required for the measure to be imposed were not met, the U.S. Court of International Trade said Thursday in a divided opinion.
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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
Broadfield announced Thursday that two former BigLaw attorneys have joined the firm as partners in its U.S. corporate practice in New York.