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Corporate
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January 28, 2026
Chancery Awards $50M To Arxada In Trade Secrets Case
Chemicals company Arxada on Wednesday was awarded more than $50 million in damages and expenses in its lawsuit in Delaware's Court of Chancery claiming the owner of a company it bought took its trade secrets with his family to form a competitor.
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January 28, 2026
Krispy Kreme Reaches $1.6M Deal Over Employee Data Breach
Krispy Kreme has agreed to a $1.6 million settlement to resolve a consolidated proposed class action that accused the doughnut chain of failing to protect current and former employees' personal information from a November 2024 data breach, according to a filing in North Carolina federal court.
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January 28, 2026
Social Media Addiction Laws Eyed By Conn. Governor, AG
Connecticut lawmakers will consider forcing social media companies to display mental health warning labels and file state reports detailing the numbers of youth users, parental consent figures and average daily screen time statistics, Gov. Ned Lamont and Attorney General William M. Tong said in a Wednesday statement.
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January 28, 2026
SEC Urged To Adopt Insider Trading Rules For Foreign Firms
A former member of the U.S. Securities and Exchange Commission is among a trio of academics pressing the agency to write rules cracking down on insider trading at foreign companies that trade on U.S. exchanges, urging action before a congressionally mandated deadline runs out in March.
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January 28, 2026
Casino License Revocation Order Off The Mark, 8th Circ. Told
Two Cherokee Nation entities say an Arkansas federal court "struck out on its own" when it dismissed claims over the revocation of an Arkansas-issued gambling license, telling the Eighth Circuit that the decision sets a dangerous precedent that will haunt the state as it seeks multimillion-dollar investors.
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January 28, 2026
6th Circ. Affirms Retailer Not Insured For Pandemic Losses
The Sixth Circuit has upheld a Tennessee federal court's decision denying a national clothing retailer's bid for coverage for COVID-19 pandemic-related costs, ruling the lower court conducted its "choice of law" analysis correctly and that Tennessee and Pennsylvania laws bar coverage.
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January 28, 2026
Nomura Unit Taps Legal Chief To Steer Crypto Trust Bank Plan
A crypto-focused subsidiary of financial services group Nomura has applied to the Office of the Comptroller of the Currency to establish a national trust bank headed by its legal chief.
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January 28, 2026
Ropes & Gray Adds 3 Partners In New York
Ropes & Gray LLP has expanded its offerings in New York with the addition of three attorneys, one each from Debevoise, Paul Weiss and Wachtell Lipton.
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January 28, 2026
Employee Exodus Prompts CEO Defamation Lawsuit
Employees moving from one Turkish company to another has led to a $5.5 million defamation lawsuit between the CEOs of their American affiliates, according to a complaint filed in a federal court in Pennsylvania.
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January 28, 2026
False Claims Expert Moves Philly Practice To Holland & Knight
Increased activity in litigation involving health care law and the False Claims Act has prompted a Philadelphia attorney to move her practice to Holland & Knight LLP after nearly 20 years at Morgan Lewis & Bockius LLP.
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January 28, 2026
Company Seeks Damages Despite Invalid Noncompetes
The Delaware Supreme Court on Wednesday probed how far employers can go in enforcing noncompete and nonsolicitation clauses tied to lucrative equity awards, pressing both sides in a dispute between Fortiline Inc. and Patriot Supply Holdings Inc. and a group of former executives on whether companies should be able to recover damages for alleged breaches even when lower courts have found the underlying restraints unenforceable.
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January 28, 2026
Withers Launches East Coast L&E Team With Outten & Golden Trio
Withers announced Tuesday that it has launched an employment practice on the East Coast, welcoming three former Outten & Golden PC lawyers who have advised executives across a wide range of industries.
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January 28, 2026
Wachtell-Led Prosperity To Buy Stellar Bancorp In $2B Deal
Prosperity Bancshares Inc. has agreed to acquire Stellar Bancorp Inc. and its bank subsidiary in a transaction valued at about $2 billion, the companies said on Wednesday.
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January 28, 2026
Call Center Workers Ink Wage Deal With Disability Nonprofit
A disability services nonprofit has agreed to pay $76,500 to settle a suit accusing it of failing to pay call center employees for work before shifts and during unpaid meal breaks and of miscalculating their overtime, the workers told a Virginia federal court.
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January 27, 2026
ADM To Pay $40M To Resolve SEC Accounting Fraud Claims
Archer-Daniels-Midland Co. has agreed to shell out $40 million to put to rest U.S. Securities and Exchange Commission allegations the company and several former executives committed accounting and disclosure fraud, according to announcements made Tuesday.
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January 27, 2026
Ford Can't Ditch Claims Of Faulty F-150 Transmissions
An Illinois federal judge refused to side with Ford on drivers' claims that it sold certain F-150 trucks with defective 10-speed automatic transmissions, finding that, at this stage in the litigation, a Massachusetts driver has adequately alleged a violation of his state's consumer protection law.
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January 27, 2026
Google's Allegedly Stolen AI Secrets Not Valuable, Jury Told
Former Google engineer Linwei Ding's counsel wrapped his defense case Tuesday, questioning a technical expert who told a California federal jury that the documents taken by Ding related to artificial intelligence supercomputers wouldn't allow someone to replicate Google's technology and had minimal value to competitors.
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January 27, 2026
SEC Blunts Some Shareholder Activists With Policy Reversal
The U.S. Securities and Exchange Commission has reversed course on allowing shareholders with less than $5 million in holdings to publicize information about their proxy ballot proposals through the agency, saying it will object to such voluntary submissions going forward.
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January 27, 2026
Shein Moves To Toss Artist's 'Misguided' Copyright, RICO Suit
Shein urged a California federal court to toss a proposed copyright and racketeering class action that accuses the fast-fashion online retailer of using sophisticated algorithmic systems and artificial intelligence to steal artists' works, chiding the suit's bid to equate Shein with a criminal enterprise as "fanciful and severely misguided."
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January 27, 2026
Delaware Court Nixes Comerica-Fifth Third Merger Block
A premium deal price and lack of a competitive alternative justified the Court of Chancery's rejection of an injunction barring banking company Comerica Inc. from moving ahead with a $10.9 billion acquisition by Fifth Third Bancorp, a Delaware vice chancellor said in a letter decision released late Monday.
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January 27, 2026
UBS Wants Hayes' $400M Malicious Prosecution Suit Axed
UBS AG has asked a Connecticut state court to throw out former trader Tom Hayes' lawsuit that alleges the bank scapegoated him for Libor-rigging, arguing the case doesn't belong in the state and improperly seeks to punish the bank for cooperating with prosecutors.
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January 27, 2026
Iowa Can't Block Schwab's Antitrust Deal, 5th Circ. Told
A group of investors who settled with The Charles Schwab Corp. in an antitrust suit over the financial services company's merger with TD Ameritrade has urged the Fifth Circuit to dismiss an appeal filed by the state of Iowa, which had previously objected to the settlement's lack of monetary benefit to the class and proposed attorney payouts.
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January 27, 2026
Chancery Keeps Alive Jefferies Claims In EV Co. SPAC Suit
Aiding and abetting and breaches of fiduciary duty claims went forward in Delaware Chancery Court on Tuesday against Jefferies LLC in connection with the $1.4 billion take-public blank check company merger of electric vehicle company Electric Last Mile Solutions Inc.
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January 27, 2026
Starbucks VP Says She Was Fired For Flagging 'Siren' System
A former Starbucks vice president who oversaw new equipment testing claims the company terminated her for raising concerns about the debut of the "Siren" drink-making system, including that maggots spawned in the machine without proper cleaning, according to a lawsuit launched Monday in Washington state court.
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January 27, 2026
Medtronic Rival's VP Says Docs Praised Device But Didn't Buy
A vice president in charge of sales at Applied Medical testified Tuesday in a California federal trial over his company's antitrust claims against Medtronic, and said the overwhelmingly positive feedback Applied received from surgeons who used its advanced bipolar devices often didn't result in sales.
Expert Analysis
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Justices' LabCorp Punt Leaves Deeper Class Cert. Circuit Split
In its ruling in LabCorp v. Davis, the U.S. Supreme Court left unresolved a standing-related class certification issue that has plagued class action jurisprudence for years — and subsequent conflicting decisions among federal circuit courts have left district courts and litigants struggling with conflicting and uncertain standards, say attorneys at Cozen O'Connor.
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Lessons From Del. Chancery Court's New Activision Decision
The Delaware Court of Chancery's recent decision in AP-Fonden v. Activision Blizzard, declining to dismiss certain fiduciary duty claims at the pleading stage, offers takeaways for boards considering a sale, including the importance of playing an active role in the merger process and documenting key board materials, say attorneys at Cleary.
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Series
Practicing Stoicism Makes Me A Better Lawyer
Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.
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Series
The Biz Court Digest: Texas, One Year In
A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.
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AG Watch: Illinois A Key Player In State-Level Enforcement
Illinois Attorney General Kwame Raoul has systematically strengthened his office to fill federal enforcement gaps, oppose Trump administration mandates and advance state policy objectives, particularly by aggressively pursuing labor-related issues, say attorneys at Troutman.
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Series
Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
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How A 9th Circ. False Ad Ruling Could Shift Class Certification
The Ninth Circuit's July decision in Noohi v. Johnson & Johnson, holding that unexecuted damages models may suffice for purposes of class certification, has the potential to create judicial inefficiencies and crippling uncertainties for class action defendants, say attorneys at Alston & Bird.
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7 Areas To Watch As FTC Ends Push For A Noncompete Ban
As the government ends its push for a nationwide noncompete ban, employers who do not want to be caught without protections for legitimate business interests should explore supplementing their noncompetes by deploying elements of seven practical, enforceable tools, including nondisclosure agreements and garden leave strategies, say attorneys at Seyfarth.
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Shifting Crypto Landscape Complicates Tornado Cash Verdict
Amid shifts in the decentralized finance regulatory landscape, the mixed verdict in the prosecution of Tornado Cash’s founder may represent the high-water mark in a cryptocurrency enforcement strategy from which the U.S. Department of Justice has begun to retreat, say attorneys at Venable.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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Anticipating FTC's Shift On Unfair Competition Enforcement
As the Federal Trade Commission signals that it will continue to challenge unfair or deceptive acts and practices under Section 5 of the FTC Act, but with higher evidentiary standards, attorneys counseling healthcare, technology, energy or pharmaceuticals clients should note several practice tips, says Thomas Stratmann at George Mason University.
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Del. Dispatch: Chancery Expands On Caremark Red Flags
The Delaware Court of Chancery’s recent Brewer v. Turner decision, allowing a shareholder derivative suit against the board of Regions Bank to proceed, takes a more expansive view as to what constitutes red flags, bad faith and corporate trauma in Caremark claims, say attorneys at Fried Frank.
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Compliance Tips Amid Rising FTC Scrutiny Of Minors' Privacy
The Federal Trade Commission has recently rolled out multiple enforcement actions related to children's privacy, highlighting a renewed focus on federal regulation of minors' personal information and the evolving challenges of establishing effective, privacy-protective age assurance solutions, say attorneys at Nelson Mullins.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Tips For Cos. Crafting Enforceable Online Arbitration Clauses
Recent rulings from the Ninth Circuit and the U.S. District Court for the Southern District of California indicate that courts are carefully examining the enforceability of online arbitration clauses, so businesses should review the design of their websites and consider specific language next to the "purchase" button, say attorneys at DTO Law.