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June 26, 2026
A New York federal judge Friday told prosecutors their "terse, bland, and conclusory statement" asking the court to drop a fraud case accusing several individuals of orchestrating a $250 million bribery scheme to secure lucrative Indian government renewable-energy contracts was not sufficient without further information.
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June 26, 2026
A Delaware pension fund has filed a derivative suit in the Delaware Chancery Court accusing a private equity firm of exploiting its control over a technology distributor to secure a multibillion-dollar margin loan that allegedly violated the company's own governance policies while exposing the company and its minority stockholders to significant financial risk.
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June 26, 2026
King & Spalding LLP has urged a Connecticut state court to keep its involvement in a $300 million fraud lawsuit on hold while it challenges the denial of its attorneys' withdrawal from representing several individual defendants, citing "serious, nonwaivable conflicts of interest" that will prevent the firm from proceeding.
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June 26, 2026
A California federal judge determined Friday a proposed class of Wells Fargo customers accusing the bank of underpaying interest on cash sweep accounts can't be certified as of now because better inquiries are required into the statute of limitations in each potential member's state of residence.
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June 26, 2026
The U.S. Securities and Exchange Commission has granted an award of about $20 million to a whistleblower for providing a tip to the agency about an alleged sophisticated securities manipulation scheme that led to an investigation, successful enforcement action and settlement.
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June 26, 2026
An institutional investor has brought a derivative lawsuit in Delaware's Chancery Court accusing California technology company Ingram Micro Holding Corp.'s controlling stockholder of exploiting its power to facilitate a margin loan that put stockholders at risk of major losses and violated the company's trading policy.
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June 26, 2026
The New York Times has expanded its suit against Microsoft alleging copyrighted content was used to train artificial intelligence, while trimming some contributory infringement claims in light of the U.S. Supreme Court's Cox ruling, a move that was followed by a group of regional newspapers requesting to do the same.
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June 26, 2026
Two former executives at fintech company Hydrogen Technology Corp. have asked an Eleventh Circuit panel to vacate their convictions and sentences, arguing there was insufficient evidence to support the charges that they conspired to manipulate the market for Hydrogen's digital assets.
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June 26, 2026
A Beacon Financial Corp. stockholder has filed a proposed class action in Delaware Chancery Court seeking to invalidate a charter provision requiring directors to be removed only for cause, arguing the restriction violates Delaware corporate law because the bank holding company no longer has a classified board.
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June 26, 2026
As the U.S. Supreme Court enters the final days of its term, the justices still have several major decisions to issue, including some concerning birthright citizenship, the president's power to remove independent agency officials, transgender athletes and election rules.
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June 26, 2026
Ralph's Famous Italian Ices Franchise Corp. cannot register as a trademark the blue-and-white vertical stripe pattern used on its shops, packaging and marketing materials, the Trademark Trial and Appeal Board ruled in a precedential opinion that found the pattern too common in the frozen-dessert, beverage and restaurant fields.
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June 26, 2026
A Connecticut federal judge told attorneys to challenge clients who demand use of generative artificial intelligence tools to conduct legal research, and a Kansas federal judge blocked a state law imposing requirements on proxy advisers' voting recommendations. These were among the stories in corporate legal news you may have missed in the past week.
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June 26, 2026
A Florida federal judge declined a request to lift a freeze on two siblings' assets after the Federal Trade Commission accused them of orchestrating a $91 million fraudulent health benefits scheme, ruling they need to find other ways to pay their attorneys.
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June 26, 2026
Chiesa Shahinian & Giantomasi PC has added a corporate partner from Fox Rothschild LLP with over four decades of experience in the specialized area of car dealership representation.
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June 26, 2026
In this week's Taxation With Representation, Germany's Merck KGaA acquires life sciences tools supplier Bio-Techne Corp., drugmaker AbbVie buys clinical-stage biotechnology company Apogee Therapeutics, and building materials supplier CRH acquires infrastructure products maker Arcosa Inc.
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June 26, 2026
A Connecticut judge has denied a bid to disqualify Rose Kallor LLP from representing a Connecticut housing authority and related entities in litigation accusing a former employee of misappropriating funds, saying the ex-employee hasn't shown the firm or two of its attorneys should be barred from the case at this time.
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June 26, 2026
Caesars Entertainment Inc. says it has expanded an existing partnership with three of Maine's Wabanaki Nations to include online casino gambling within the state, with a launch date this year, pending regulatory approvals.
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June 26, 2026
A stockholder for life sciences-focused real estate investment trust Alexandria Real Estate Equities Inc. has alleged in California federal court that the REIT's top executives lied about how much money the company was making from its leased Queens megacampus in New York.
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June 26, 2026
King & Spalding LLP has added two more Winston & Strawn LLP partners who will reunite with 15 former colleagues who joined the firm earlier this year.
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June 26, 2026
The Delaware Supreme Court on Friday upheld a Delaware Chancery Court ruling limiting a stockholder's inspection rights, affirming that The Trade Desk Inc. does not have to produce director emails and other informal communications sought in an investigation into the advertising technology company's 2024 reincorporation from Delaware to Nevada.
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June 26, 2026
The past week in London has seen Michelle Mone sued by PPE Medpro, Broadfield Law sued by the founders of an international aid company, and litigation funder Fortress bring a claim against Edwin Coe and businesses the law firm represented in a cartel claim.
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June 25, 2026
A DeWalt tools purchaser on Thursday filed a proposed class action against its parent company, Stanley Black & Decker, claiming that the company hiked prices as a result of tariffs that were later deemed illegal and now owes consumers refunds as a result.
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June 25, 2026
A California federal judge has refused to let Meta Platforms Inc. escape an Illinois woman's proposed class claims that Meta collects "voiceprints" in violation of Illinois' Biometric Information Privacy Act, saying in a ruling unsealed Thursday that whether Meta obtained her voice recordings in a way capable of identifying her was still up for dispute.
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June 25, 2026
The Consumer Financial Protection Bureau is updating its complaint submission process, including by requiring those who submit complaints online to verify their email address and phone number, in moves that the National Consumer Law Center said aim to discourage complaints against the major credit reporting companies.
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June 25, 2026
A crash where a Tesla Model 3 plowed through a Texas family's home, fatally wounding a 76-year-old grandmother, is currently the subject of a federal probe and a wrongful death lawsuit, the latter of which claims the automaker knowingly sold dangerously defective self-driving systems.