Corporate

  • June 01, 2026

    SEC Defends Deal Over Musk's Late Twitter Buy-Up Disclosure

    The U.S. Securities and Exchange Commission on Monday defended its settlement with Elon Musk over his initial purchase of Twitter stock in 2022, saying the deal was not the result of collusion, after the D.C. federal judge overseeing the case questioned whether Musk was getting special treatment.

  • June 01, 2026

    Citron Founder Convicted Of Manipulating Stock Prices

    A California federal jury Monday returned a verdict finding Citron Research founder Andrew Left guilty of using his public platform, including tweets, to manipulate the stock prices of a slew of companies, according to the U.S. Department of Justice.

  • June 01, 2026

    Trump Unveils 3 Picks For International Trade Commission

    President Donald Trump on Monday announced three more nominees to be members of the U.S. International Trade Commission, including the U.S. Senate Committee on the Judiciary's intellectual property policy director, a deputy assistant U.S. trade representative and a consumer group's government affairs director.

  • June 01, 2026

    'We Wouldn't Be Alive' If Talc Could Reach Ovaries, Jury Told

    A University of California San Diego gynecologic oncologist told a California jury Monday in a bellwether trial over claims that Johnson & Johnson's talc products caused three women's deadly ovarian cancer that women and girls "wouldn't be alive" if talc could easily migrate to the ovaries because they'd be dying from sepsis.

  • June 01, 2026

    4 Mass. Rulings You May Have Missed In May

    A bankruptcy trustee may continue to pursue claims that a lender violated an oral amendment to a loan agreement, a former executive for a Dunkin' franchisee cannot push his case to Delaware, and a law firm hired to represent an investment fund is not responsible for the revocation of a visa for one of the fund's co-founders after he was terminated, judges in Suffolk County's Business Litigation Session concluded in May.

  • June 01, 2026

    GAO Flags Risks After Corporate Transparency Act Rollback

    The Treasury Department's retreat from the Corporate Transparency Act and its requirements for shell companies to disclose their beneficial owners may perpetuate illicit finance risks, according to a report from the U.S. Government Accountability Office, which recommended the Treasury take steps to address such risks.

  • June 01, 2026

    'Sauce For The Goose': X Can't Limit Apple, OpenAI Depos

    A Texas federal judge on Friday ordered Elon Musk's X Corp. to offer up 20 of its employees for extra depositions in its antitrust suit against Apple and OpenAI, saying that since the court granted X more depositions, "sauce for the goose is sauce for the gander."

  • June 01, 2026

    Plaintiffs' Counsel In Tylenol MDL Agree To $50K Donation

    A plaintiffs' attorney and law firm sanctioned in multidistrict litigation alleging prenatal exposure to acetaminophen can cause autism agreed to donate $50,000 to maternal health organization March of Dimes in lieu of paying attorney fees, according to a letter filed Monday in New York federal court. 

  • June 01, 2026

    Kia, Hyundai Workers' Attys Get $3.45M Fee Award In Visa Suit

    A Georgia federal court on Monday awarded $3.45 million in attorney fees and costs to lawyers for workers who reached an $11.5 million settlement over claims that a Hyundai supplier, a Kia plant and staffing agencies recruited skilled Mexican engineers for production work and underpaid them.

  • June 01, 2026

    Anthropic Confidentially Files IPO Plans

    Artificial intelligence giant Anthropic announced Monday that it had confidentially submitted a proposed initial public offering to the U.S. Securities and Exchange Commission, just days after it hit a post-money valuation of $965 billion after securing $65 billion of investor commitments in its massive Series H funding round.

  • June 01, 2026

    AI Mapping Co. Says Rival's Copyright Suit Is Too Vague

    An artificial intelligence mapping software company sought to throw out a competitor's lawsuit accusing it of copying thousands of the firm's property maps, telling a Colorado federal judge the competitor never identified which maps had allegedly been infringed.

  • June 01, 2026

    No Illinois Stadium Bill For Bears As Legislative Session Ends

    The Chicago Bears on Monday kept the door open to staying in Illinois instead of moving to Indiana, hours after the state's Senate failed to act on a tax incentive bill for a proposed stadium before the legislative session ended.

  • June 01, 2026

    Tipped Brewery Workers Get Green Light To Sue Collectively

    A North Carolina federal judge has cleared the way for servers and bussers at a craft brewing company to pursue their wage claims as a group, finding that tipped workers across the company's taprooms shared a common grievance over how they were paid.

  • June 01, 2026

    Ice Miller Adds Commercial Real Estate Pro In Indiana

    Ice Miller LLP has announced a commercial real estate transaction pro has joined the firm's real estate, environmental and energy law practice group, after moving from Bose McKinney & Evans LLP.

  • June 01, 2026

    Judge Limits Google's Access To Search Rival's Data

    A D.C. federal judge imposed limits on the data Google can access from would-be rivals seeking its search data and syndicated search results, agreeing with the U.S. Department of Justice that the company can't access every piece of information submitted to a technical committee overseeing its monopolization remedies.

  • June 01, 2026

    KnowBe4 Escapes Suit Over $4.6B Take-Private Deal

    Security awareness platform KnowBe4 and several affiliates successfully argued for dismissal of a suit from shareholders challenging the company's $4.6 billion sale to private equity firm Vista Equity Partners, with the court finding the suit does not adequately allege the company's ex-CEO and its financiers breached their fiduciary duties.

  • June 01, 2026

    Conn. Alters Pot Tax, Gives Cities Aid To Cut Property Taxes

    Connecticut will change its cannabis tax structure, provide funding to local governments for property tax reductions and make other tax changes under a 2027 budget bill signed by the governor.

  • June 01, 2026

    Real Estate Co. Opposes CoStar Bid To Pause Antitrust Suit

    A real estate brokerage asked a Virginia federal court to allow proceedings to continue in its antitrust case against CoStar, noting that, although the parties agree that similar cases should be consolidated with the Virginia case, the suit need not be frozen in the meantime.

  • June 01, 2026

    US Trade Officials Open IP Probe Into Vietnam

    U.S. trade officials have launched an investigation into Vietnam over what they said were concerns about how the country is allegedly not effectively protecting the rights of intellectual property owners.

  • June 01, 2026

    Fox Rothschild Adds Corporate Duo In NJ From Connell Foley

    Fox Rothschild LLP grew its corporate practice in New Jersey this week with a pair joining the firm from Connell Foley LLP and bringing decades of experience in mergers and acquisitions, private equity transactions and more.

  • June 01, 2026

    States Back FTC's DC Circ. Appeal In Meta Monopoly Case

    More than two dozen state attorneys general have thrown their support behind the Federal Trade Commission's bid to revive its lawsuit accusing Meta of monopolizing social networking through its purchases of WhatsApp and Instagram.

  • June 01, 2026

    The Top In-House Hires Of May

    Legal department hires during the past month included high-profile appointments at Chevron, Barclays and Topgolf. Here, Law360 Pulse looks at some of the top in-house announcements from the last full month of spring.

  • June 01, 2026

    M&A Atty, Others Deny Roles In BigLaw Insider Trading Ring

    Fifteen defendants, including an ex-Goodwin Procter LLP associate, pled not guilty Monday to participating in an insider trading scheme involving confidential deal information stolen from some of the largest U.S. law firms.

  • June 01, 2026

    ITC Launches Digital Transmission Of Confidential Docs

    Lead counsel in investigations conducted by the U.S. International Trade Commission will be able to receive confidential documents through the commission's online portal starting Monday, the ITC announced. 

  • June 01, 2026

    TriZetto, Infosys Fight Each Side's CEO Deposition Bids

    Cognizant TriZetto Software Group and Infosys Ltd. have filed dueling motions to block depositions of each other's top executives in a trade secret lawsuit over allegations that Infosys misused confidential access to TriZetto's healthcare software to build competing products.

Expert Analysis

  • What End Of SEC Settlement Gag Rule Means For Defendants

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    The U.S. Securities and Exchange Commission's recent rescinding of its gag rule prohibiting defendants from publicly denying allegations in settled SEC enforcement actions actually heightens the need to think strategically when negotiating resolutions and pursuing public denials of wrongdoing, say attorneys at Cleary.

  • SEC's Co-Investment Relief Broadens Private Market Access

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    The U.S. Securities and Exchange Commission's recent no-action letter to J.P. Morgan Investment Management permits open-end funds to co-invest with affiliates, removing a long-standing barrier open-end fund sponsors have faced in sourcing private market investments at scale, say attorneys at Debevoise.

  • Your Next Litigation Hold Should Cover AI Chat Logs

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    The Delaware Chancery Court’s recent decision in Fortis Advisors v. Krafton to treat a CEO’s artificial intelligence chats as substantive evidence is being read as a discovery warning to litigators, but there is a second duty-to-preserve lesson that is especially pertinent to in-house counsel, say attorneys at Faegre Drinker.

  • Musk-OpenAI Verdict Shows Value Of Early-Stage Governance

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    A California federal court's ruling last week in Musk v. Altman preserves the status quo at OpenAI, but signals to the technology industry at large that courts will not relitigate the governance decisions of early-stage organizations on a founder's competitive timetable, surfacing questions that will outlast the litigation, says attorney Alan N. Walter.

  • Series

    Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • 10 US Patent Pressure Points For EU Life Sciences Cos.

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    U.S.-specific patent issues can be challenging for European life sciences companies because they require decisions at the intersection of legal, scientific, regulatory and commercial functions, necessitating proactive, cross-functional steps from EU patent counsel, says Paul Calvo at Sterne Kessler.

  • Sold Inventory May Drive Tax Treatment Of Tariff Refunds

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    Companies determining the tax treatment of refunds expected following the U.S. Supreme Court's February decision invalidating tariffs imposed under the International Emergency Economic Powers Act should consider whether the tariff costs have already reduced their income considering the cost of goods sold, say attorneys at McDermott.

  • Del. Justices' Ripeness Ruling Shields Advance Notice Bylaws

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    The Delaware Supreme Court’s recent decision dismissing two AES and Owens Corning stockholder challenges of advance notice bylaws as unripe provides corporations more room to insulate their nomination procedures from activist pressure, say attorneys at Reed Smith.

  • Operational AI Washing: Fortifying The Disclosure Record

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    The same artificial intelligence-driven workforce narratives that once appeared in earnings calls and Form 8-Ks can easily become raw material for future operational AI washing claims, so companies must be careful when drafting public disclosures because winning a federal motion to dismiss starts months before a lawsuit is ever filed, say attorneys at Akerman.

  • Tax Teams Get No Bright-Line Rule From AI Privilege Cases

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    Three recent appellate decisions that considered artificial intelligence in the context of attorney-client privilege protections illustrate that taxpayers and tax practitioners alike must consider the pertinent facts on a case-by-case basis, with particular attention to confidentiality, disclosure risk and system design, say attorneys at Morgan Lewis.

  • Claiming The Narrative Before The SEC Files Charges

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    Following the U.S. Securities and Exchange Commission's recent rescission of its no-deny rule, Scott Schneider at FTI Consulting, a former U.S. Securities and Exchange Commission communications official, details when and how to publicly respond to news of a pending regulatory inquiry targeting your company.

  • Looking Beyond Calif. Climate Laws As NY Bills Advance

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    California's climate disclosure legislation has made emissions and risk reporting a practical reality — and now that New York is working on its own climate disclosure bills, companies must confront a future in which compliance systems will need to be ready for multiple states' reporting regimes, says Thierry Montoya at FBT Gibbons.

  • Cuba Sanctions Shift Puts Foreign Cos. In OFAC's Crosshairs

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    A recent executive order marks an extreme shift for foreign companies whose Cuban dealings have no relation to the U.S. and are entirely lawful under the laws of their home jurisdictions, such that their existing ring-fence protocols no longer offer protection from the Office of Foreign Assets Control’s secondary sanctions, says Jeremy Paner at Hughes Hubbard.

  • SEC Enforcement Has Continued Its Asset Management Focus

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    While the total number of U.S. Securities and Exchange Commission enforcement actions is down, certain novel theories of liability have been abandoned, and the SEC has embraced a back-to-basics posture, most of the regulatory risks for asset managers that existed in the prior commission have not gone away, say attorneys at Weil.

  • Series

    NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

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