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Corporate
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March 19, 2026
Del. Suit Targets NC Enviro Co. Charter Shielding Directors
A stockholder of a North Carolina-based environmental technology business has brought a class action in the Delaware Chancery Court seeking to invalidate a provision in the company's corporate charter that he contends unlawfully shields directors and officers from liability for certain misconduct.
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March 19, 2026
AI Musician Cops To $8M Streaming Revenue-Inflation Scam
A North Carolina man told a Manhattan federal judge on Thursday that he conspired to inflate music streaming payments using an army of fake accounts and artificial intelligence-generated songs, copping to a count of conspiracy and agreeing to forfeit $8 million.
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March 18, 2026
Key Details As 3rd Circ. Ponders FCA's Fate, $1.6B J&J Fine
Third Circuit judges Wednesday explored divergent views of the False Claims Act's constitutionality and a record fraud verdict against Johnson & Johnson, expressing little eagerness to gut the FCA's whistleblower mechanism, and voicing uncertainty about evidence and jury instructions underpinning the drug promotion punishment.
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March 18, 2026
Zuckerberg, Snap CEO Likely Must Testify In School MDL Trial
A California federal judge indicated Wednesday that Meta and Snap's CEOs will likely need to testify in an upcoming school district bellwether trial in the social media addiction multidistrict litigation, and declined Meta's bid to block arbitration demands, saying, "Meta's got plenty of money, go file a motion with the arbitration panel."
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March 18, 2026
Southwest Board Beats Suit In First Texas Corporate Law Test
A Texas federal judge on Tuesday dismissed a derivative suit claiming that Southwest Airlines Co.'s board of directors breached their fiduciary duties by abandoning the airline's famous "Bags Fly Free" policy, ending a significant challenge to the state's new corporate reform law.
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March 18, 2026
'Chicken Soup' Publisher Says AI Cos. Stole Books' Soul
The publisher of the "Chicken Soup for the Soul" books has accused Google, OpenAI and other Big Tech companies in California federal court of mass copyright infringement, saying the companies downloaded pirated copies of its first-person narrative books so that their artificial intelligence systems could replicate an "authentic human voice."
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March 18, 2026
Texas Biz Court's Likely Role In Patent Fights Becoming Clear
The Texas Business Court has released its first opinion exploring when intellectual property can be used to create jurisdiction, and attorneys say the decision involving state trade secret law offers insight into when patent matters can be pursued there.
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March 18, 2026
Capital One Beats Consumer Suit Over Discover Deal, Again
Capital One has persuaded a California federal judge once again to squash a suit brought by credit card users who say that the company's $35 billion purchase of Discover is bad news for them and ought to be unwound, but the court is giving the consumers one last chance.
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March 18, 2026
LA Driver Used $2M COVID Loan For Crypto, DOJ Says
A Los Angeles man who allegedly took $2 million from federal COVID-19-related relief programs and used the money to fund cryptocurrency trading now faces money laundering, wire fraud and bank fraud charges, according to a Department of Justice announcement issued Wednesday.
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March 18, 2026
FINRA Says Compliance Chief Took Part In Pre-IPO Fraud
The Financial Industry Regulatory Authority has alleged in a disciplinary proceeding that Spartan Capital Securities LLC, its CEO and chief compliance officer defrauded customers by liquidating their own pre-initial public offering shares of a pharmaceutical company more quickly and at a higher price than their customers.
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March 18, 2026
Kyndryl Hid Cash Management Malpractice, Investor Claims
Information technology services company Kyndryl Holdings Inc. and a current and former executive were hit with a proposed shareholder class action accusing them of misleading investors with representations that the company had sufficient control over its cash management practices.
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March 18, 2026
Bath & Body Works Suits Consolidated, But No Lead Attys Yet
An Ohio federal judge on Wednesday consolidated two shareholder derivative actions alleging Bath & Body Works Inc.'s current and former top brass downplayed certain growth strategy flops, but he stopped short of handing out lead counsel roles, finding it premature to do so.
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March 18, 2026
Chancery Keeps Philly Developer In Control Of Bourse Project
The Delaware Chancery Court on Wednesday kept a Philadelphia developer in control of a high-profile redevelopment of the historic Bourse building, ruling that the company should remain in charge while a fast-moving dispute over its alleged ouster is litigated.
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March 18, 2026
Ex-Execs Ask Justices To Review Ruby Tuesday Benefits Fight
Former Ruby Tuesday managers are urging the U.S. Supreme Court to review their dispute alleging Regions Bank lost them $35 million in retirement plan benefits that were liquidated in bankruptcy, saying an appellate court erred in denying them monetary relief.
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March 18, 2026
Bobsledder Says Olympic Committee Hid Brain Injury Risk
A former U.S. bobsled team member accused the U.S. Olympic and Paralympic Committee of intentionally concealing the sport's brain injury risk, telling a California state court he wouldn't have taken part if he had known.
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March 18, 2026
DOJ Defends Labeling Anthropic A Security Risk
The Trump administration told a California federal judge it lawfully labeled Anthropic PBC a supply chain risk to national security after the company tried to "strong-arm" the U.S. Department of Defense into usage restrictions for its artificial intelligence tools.
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March 18, 2026
2nd Circ. Judge Unimpressed By OpenAI's IP Suit Stance
A Second Circuit judge on Wednesday expressed surprise when an OpenAI attorney couldn't explain whether the company's artificial intelligence system duplicated Raw Story Media Inc.'s news articles while allegedly removing copyright management information from the online reports.
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March 18, 2026
Ill. Panel Chides State Over 'Absurd' Reading Of Wage Law
An Illinois appellate court had choice words Tuesday for the Illinois Department of Labor's argument that an amendment to the Wage Payment and Collection Act deems certain corporate officers "employers" that can be held personally liable for employees' unpaid wages, calling the agency's interpretation "legally unsound" and "unjust."
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March 18, 2026
FTC Says Amazon Seeks 'Impossible' Standard For Sanctions
The Federal Trade Commission pressed a Washington federal judge Tuesday to sanction Amazon.com for using autodeleting Signal chats and deleting raw meeting notes to hide evidence of company policies that created an artificial pricing floor across online retail stores, arguing Amazon is fighting the motion by inventing an "impossible-to-meet standard" for imposing sanctions.
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March 18, 2026
Ex-CEO, Atty Misappropriated Patent, Gaming Co. Says
A game developer specializing in electronic bingo gaming machines has filed suit against its former chief executive officer and an attorney for allegedly scheming to use their positions and access within the company to steal a patent.
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March 18, 2026
Health Litigator Rejoins Holland & Knight From In-House Role
A former Holland & Knight LLP attorney has returned to the firm in Jacksonville, Florida, after a 10-year stint in-house at Florida Blue, a subsidiary of GuideWell Mutual Holding Corp.
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March 18, 2026
Biotech Investor Blames Pierce Atwood For Messy Asset Sale
A Ukrainian billionaire who was recently ordered to pay other investors in a failed genetic testing company more than $1.8 million in damages is blaming the Pierce Atwood LLP lawyers who advised him on what a court later found to be a "fundamentally unfair" forced asset sale.
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March 18, 2026
Toy Co. Not Covered In Unpaid Judgment Fight, 8th Circ. Says
An insurer needn't defend a toy company accused by a competitor of using legal proceedings to evade payment of an $8.5 million default judgment for false advertising, the Eighth Circuit has ruled, holding that the policy's malicious prosecution coverage doesn't extend to abuse of process claims.
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March 18, 2026
Latham Hires Desmarais IP Partner In DC
Latham & Wakins LLP has hired a Desmarais LLP partner in D.C., who helped represent GlaxoSmithKline Biologicals in an ongoing infringement suit against Moderna Inc., the firm announced Tuesday.
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March 17, 2026
Were Musk's Tweets 'Deliberate' Or 'Stupid'? Jury To Decide
Elon Musk made "deliberate and carefully devised" statements to drive down Twitter's stock price after offering $44 billion for the company, Twitter investors' counsel told a California federal jury during closing arguments Tuesday, while Musk's lawyer insisted that there's no evidence of securities fraud and that it's not a crime to "tweet stupid things."
Expert Analysis
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After Learning Resources: A Practical Guide For US Importers
Following the U.S. Supreme Court's Feb. 20 decision in Learning Resources v. Trump, U.S. importers and consumers on whom tariffs were imposed under the International Emergency Economic Powers Act can seek relief through existing administrative procedures or a yet-to-be-determined bespoke refund mechanism, and should plan for more changes in the tariff landscape, say attorneys at Baker Botts.
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Opinion
AI-Assisted Arbitration Needs Safeguards To Ensure Fairness
As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.
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How Del. High Court's Moelis Reversal Fits Into DExit Debate
By declining to decide the facial validity of the provisions at issue in Moelis & Co. v. West Palm Beach Firefighters Pension Fund, the Delaware Supreme Court's recent reversal of the Court of Chancery's 2024 ruling highlights broader implications for the ongoing debate over whether companies should incorporate elsewhere, say attorneys at Akin.
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Series
Playing Piano Makes Me A Better Lawyer
Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.
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AI Trade Secret Conviction Highlights Espionage Risks
A California federal court's conviction last month of an ex-Google engineer who stole artificial intelligence trade secrets for the benefit of China is the latest in a series of foreign economic espionage cases and illustrates the urgent need for U.S. companies to implement robust security measures, says attorney Peter Toren.
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Considering The Prospects Of A Robinson-Patman Act Revival
Following a flurry of activity under the Biden administration, Federal Trade Commission price-discrimination cases under the Robinson-Patman Act are at a crossroads, and state-level enforcement could become the next frontier in this area, say attorneys at Hogan Lovells.
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What 4th Circ.-Approved DEI Ban Means For Employers
The Fourth Circuit’s recent lifting of the injunction against two executive orders banning recipients of federal funds from conducting diversity, equity and inclusion programs means employers should conduct audits to minimize their risk of violating federal antidiscrimination laws or the False Claims Act, says Jonathan Segal at Duane Morris.
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New Foreign Bribery Guide Can Help Int'l Cos. Identify Risks
In light of growing global coordination on anti-bribery enforcement, the International Foreign Bribery Taskforce’s recent guide to foreign bribery indicators represents a step forward in the standardization of factors for evaluating corruption risks that multinational companies should consider, say lawyers at Paul Weiss.
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What DOJ's New Trade Fraud Push Means For Cos.
The U.S. Department of Justice's announcement this week that it is elevating trade fraud to an economic and national security imperative sends an unmistakable message to multinational corporations, importers, compliance professionals and supply chain managers that the days of laissez-faire enforcement are over, says Markus Funk at White & Case.
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3 Cases Highlight SEC Distinction Between Exec, Co. Liability
Three recent enforcement actions against Spero Therapeutics, Lottery.com and Archer-Daniels-Midland demonstrate that while public companies are subject to liability for misrepresentations, the U.S. Securities and Exchange Commission is focused on individual liability when disclosure violations involve so-called half-truths, say attorneys at Cooley.
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AI-Generated Doc Ruling Guides Attys On Privilege Risks
A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.
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The Law Firm Merger Diaries: Leadership Strategy After Day 1
For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.
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How US Liability Law Is Becoming The Primary Regulator Of AI
Comprehensive federal AI regulation remains fragmented and uncertain — but U.S. courts, applying long-standing doctrines of liability and responsibility, are actively shaping how AI systems are designed, deployed and governed, and companies are aligning their AI practices because courts may hold them accountable if they do not, says Alexander Lima at Wesco International.
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Record FCA Recoveries Signal Intensified Healthcare Focus
In its recently released False Claims Act statistics, the U.S. government's emphasis on record healthcare recoveries and government-initiated healthcare matters last year indicates robust enforcement ahead, though the administration's focus on current policy objectives also extends beyond the healthcare sector, say attorneys at Epstein Becker.
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Mind The Gap: Crafting D&O Straddle Coverage For M&A
A recent Florida federal court decision highlights an often-overlooked risk for those negotiating directors and officers insurance coverage for mergers and acquisitions: the potential for so-called straddle claims, falling in the gap between tail and go-forward coverage, say attorneys at Reed Smith.