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Corporate
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February 25, 2026
IP Co. Investors Sue Over AI-Focused Acquisition Losses
Executives and directors of semiconductor technology company Synopsys Inc. were hit with a shareholder's derivative suit accusing them of misleading investors about the operational challenges faced by one of its segments following a $35 billion acquisition of an artificial intelligence company made in 2024.
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February 25, 2026
Mass. Town Targets Georgia-Pacific, Honeywell In PFAS Suit
A Massachusetts town has sued several industrial paper manufacturers in federal court, seeking to force the companies to pay for removal of forever chemicals that have contaminated the local water supply.
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February 25, 2026
Pension Fund Presses For CEO Texts In $60B Merger Fight
A union pension fund stockholder urged the Delaware Supreme Court on Wednesday to revive its bid for access to a former Pioneer Natural Resources Co. CEO's undisclosed text messages and emails, arguing that the Delaware Chancery Court set an "impossible" standard in denying inspection of communications tied to the company's $60 billion sale to Exxon Mobil Corp.
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February 25, 2026
Hagens Berman Fights Fee Demand Amid Misconduct Claims
Hagens Berman Sobol Shapiro LLP has blasted as premature a bid from drugmakers in Pennsylvania federal court calling for the firm to cover the fees and costs of a special master who alleged the firm committed misconduct in product liability actions over the morning sickness drug thalidomide.
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February 25, 2026
PepsiCo Will Allow Shareholder Proposal Following Lawsuit
PepsiCo Inc. has agreed to include an animal welfare-focused shareholder proposal in its corporate ballot this year following the shareholder suing the beverage giant last week for moving to exclude the proposal.
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February 25, 2026
Holtec Wants Stay Lifted In NJ Over Alleged Ex-GC Scheme
Holtec International asked a New Jersey state court this week to lift a stay holding it back from pursuing fraud claims against its former general counsel and others for allegedly embezzling more than $700,000 from the company.
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February 25, 2026
Bradley Arant Adds Maynard Nexsen Real Estate Duo In Dallas
Bradley Arant Boult Cummings LLP has bulked up its real estate offerings with a pair of partners in Dallas who came aboard from Maynard Nexsen PC.
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February 25, 2026
EBay Settles Bloggers' Stalking Suit Before Trial
Auction site eBay and several former executives on Wednesday reported settling a lawsuit brought by a Massachusetts couple who say they were subjected to a campaign of stalking and harassment after publishing articles critical of the company's leadership on their blog.
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February 25, 2026
Live Nation Judge Not 'Inclined' To Delay Trial For Appeal
A Manhattan federal judge said Wednesday he is likely to deny counsel for Live Nation's request to appeal rulings sending the government's monopolization claims to trial, after antitrust regulators called that request a "desperate plea" for a delay.
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February 24, 2026
YouTube-Watching Plaintiff Saw 17K Ads In 1 Year, Jury Hears
A YouTube executive testifying in a California bellwether trial over allegations the platform and Instagram harm children confirmed Tuesday that the company's data found the plaintiff viewed over 17,000 advertisements in one year, with her lawyer suggesting the number reflects that she spent an extraordinary amount of time on the platform.
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February 24, 2026
Tesla Says Calif. DMV 'Baselessly' Called It A False Advertiser
Tesla asked a Los Angeles County Superior Court to vacate a California Department of Motor Vehicles order that it said "wrongfully and baselessly" labels the automaker a false advertiser for marketing its vehicles' "autopilot" function, calling the order "deeply flawed."
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February 24, 2026
OpenAI Beats XAI's 'Conclusory' Trade Secrets Suit, For Now
A California federal judge dismissed a suit Tuesday from Elon Musk's artificial intelligence company xAI Corp. that accuses OpenAI Inc. of poaching its workers to steal trade secrets, saying "notably absent" from the current suit's "conclusory" claims are allegations showing misconduct by OpenAI and that she would allow xAI to submit a bolstered complaint.
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February 24, 2026
Judge Says 'Error' Kept Mallinckrodt Execs In Investor Suit
Two former Mallinckrodt executives have escaped the only remaining claims they faced in an investor suit tied to the company's 2023 bankruptcy and share cancellations after a New Jersey federal judge said he made a "clear error" keeping them in the suit last year.
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February 24, 2026
SDNY's New Self-Report Policy Eases Path To Declinations
Manhattan federal prosecutors on Tuesday unveiled a new business-friendly corporate criminal enforcement policy for companies that promptly self-report financial crimes, promising declinations and no fines or monitors for eligible companies that turn themselves in.
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February 24, 2026
Munchkin Can't Arbitrate Ex-GC's 'War On Families' Suit
Baby products brand Munchkin Inc. lost its bid to arbitrate its former general counsel's suit alleging he was fired for complaining about the company's "war on families," after a California judge ruled a sexual harassment claim added in an amended version of his suit exempted him from mandatory arbitration.
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February 24, 2026
Tariff-Related Disputes May Go Beyond Just Refunds
In addition to the likely chaotic refund process to follow last week's bombshell U.S. Supreme Court ruling striking down the Trump administration's broad tariff regime, the decision could also result in a wide range of private commercial disputes, and possibly even investment treaty claims against the U.S.
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February 24, 2026
Amazon Should Be Barred From Price Fixing, Calif. AG Says
California's attorney general urged a state court in San Francisco to bar Amazon from engaging in price fixing, citing newly "uncovered" evidence in the state's unfair competition lawsuit that the e-commerce giant allegedly pressured vendors to raise prices on competing retailers' websites.
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February 24, 2026
Jack In The Box Sued Over 'Poison Pill' Blocking Investor
Activist investor Biglari Capital sued Jack In The Box Inc. and its board in Delaware Chancery Court, challenging their efforts to adopt a so-called poison pill that would block Biglari Capital from acquiring more than 12.5% of common stock in a hostile takeover.
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February 24, 2026
Hyundai Braking System A 'Safety Hazard,' Class Action Says
Hyundai used "cheap" components in its automatic emergency braking system, causing its vehicles to erroneously detect objects that aren't there and suddenly brake in traffic, according to a California federal lawsuit which claims the system is a hazard.
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February 24, 2026
Firm Ordered To Show Proof In Google Teen‑Harm Fee Fight
A Florida federal judge has ordered an Orlando firm to submit documents substantiating its claims that it is owed a cut of a pending settlement in a suit accusing Google LLC and a chatbot company of causing the suicide of a teen, after a former attorney said the firm's claims were "baseless."
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February 24, 2026
Feds' White Collar Crime Enforcement 'Retreat' Raises Alarms
Money laundering-related fines and tax fraud investigations plummeted last year as President Donald Trump shifted federal agents away from combating financial crime to focus on the immigration crackdown, according to recent reports that have raised alarms among experts about the state of white collar enforcement in the U.S.
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February 24, 2026
Ex-Flying J Owner's 401(k) Offerings 'Inferior' Says Mass. Suit
FJ Management Inc.'s retirement plan included a "dramatically inferior" series of target-date funds that caused investors to lose out on millions of dollars, a plan participant has claimed in a complaint filed in Massachusetts federal court.
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February 24, 2026
Suit Says Ex-Medco CFO Inflated Company's Value Before Sale
Medical supplier Medline Industries LP has sued the former chief financial officer of United Medco LLC in Florida state court, alleging the executive ran an overbilling scheme that led to an inflated valuation and purchase price for Medco and defrauded a customer of millions of dollars.
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February 24, 2026
Biotech Co.'s Ex-CEO Calls $816K Atty Fee Demand 'Padded'
Fox Rothschild LLP should receive no more than $200,000 in fees and costs for its successful prosecution of a breach of contract and conversion suit against a former biotech executive, the defendant told a Connecticut court in pushing back on a request for nearly $816,000.
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February 24, 2026
Former PSE&G Deputy GC, Ex-Prosecutor Approved As NJ AG
Jennifer Davenport, a veteran prosecutor and former deputy general counsel at the utility PSE&G, was confirmed as New Jersey's next attorney general on Tuesday.
Expert Analysis
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Series
Trivia Competition Makes Me A Better Lawyer
Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.
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An Instructive Reminder On Appealing ITC Determinations
A recent Federal Circuit decision, partially dismissing Crocs' appeal of a U.S. International Trade Commission verdict as untimely, offers a powerful reminder that the ITC is a creature of statute and that practitioners would do well to interpret those statutes conservatively, says Derrick Carman at Robins Kaplan.
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Ruling Puts Guardrails On FTC Merger Filing Rule Expansion
A Texas federal court recently vacated the Federal Trade Commission's overhaul of the Hart-Scott-Rodino premerger notification form, in a significant setback for the antitrust agencies, say attorneys at Reed Smith.
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Coinbase Ruling Outlines Litigation Committee Conflict Risks
The Delaware Court of Chancery's recent rejection in Grabski v. Andreessen of a special litigation committee's motion to terminate or settle — its first such decision in over a decade — over conflict concerns highlights why the independence of SLC counsel matters just as much as that of committee members, says Joel Fleming at Equity Litigation Group.
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Series
Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.
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When Tokenized Real-World Assets Collide With Real World
The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.
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Strategies For Effective Class Action Email Notice Campaigns
Recent cases provide useful guidance on navigating the complexities of sending email notices to potential class action claimants, including drafting notices clearly and effectively, surmounting compliance and timing challenges, and tracking deliverability, says Stephanie Fiereck at Epiq.
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Ariz. Uber Verdict Has Implications Beyond Ride-Hailing Cos.
When an Arizona federal jury in Jaylyn Dean v. Uber Technologies recently ordered Uber to pay $8.5 million to a woman who said she was sexually assaulted by her driver, their most important finding — that the driver was Uber's agent — could have huge consequences for future litigation involving platform-based businesses, says Michael Epstein at The Epstein Law Firm.
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Series
Judges On AI: Practical Use Cases In Chambers
U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.
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Opinion
Corporations Should Think Twice About Mandatory Arbitration
The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.
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California's New Privacy Laws Demand Preparation From Cos.
An increase in breach disclosures is coinciding with California's most comprehensive privacy and artificial intelligence legislation taking effect, illustrating the range of vulnerabilities organizations in the state face and highlighting that the key to successfully managing these requirements is investing in capabilities before they became urgent, says Camilo Artiga-Purcell at Kiteworks.
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If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'
Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.
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Series
Trail Running Makes Me A Better Lawyer
Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.
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Navigating New Risks Amid Altered Foreign Issuer Landscape
The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.