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February 06, 2026
Fla. Real Estate Developer Looks To Escape PE Fraud Suit
A real estate developer urged a Florida federal court on Thursday to toss a lawsuit brought by former private equity business partners alleging at least $25 million fraud, saying the complaint is a "hodgepodge of mutually exclusive theories" that claim ownership and divestment of several investment companies at the same time.
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February 06, 2026
Employment Authority: Risk Still Dogs RIFs After EEOC Shift
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how the U.S. Equal Employment Opportunity Commission's about-face on a popular liability theory doesn't erase risk for companies conducting reductions in force, how the Federal Mediation and Conciliation Service is faring these days and what the National Mediation Board exercising jurisdiction over SpaceX means for the company.
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February 06, 2026
MeridianLink Sued In Del. For Share Price In $2B Acquisition
Two institutional stockholders of financial software platform venture MeridianLink sued on Friday for a Delaware Court of Chancery valuation of their shares at the time of the company's $2 billion, Aug. 11, 2025, acquisition by a merger affiliate of Centerbridge Partners LP.
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February 06, 2026
TPG Hid Exactech Defects To Dodge Liability, Trust Alleges
The settlement trust of joint implant maker Exactech filed a billion-dollar lawsuit in Delaware Chancery Court against TPG Inc., accusing the private equity firm of controlling Exactech after buying it in 2018, concealing the implants' defects, delaying product recalls and pushing the company into Chapter 11 to avoid liability.
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February 06, 2026
Ex-Yale New Haven Hospital Exec Drops Covenant Payment Suit
A Connecticut federal judge has accepted a deal to dismiss a lawsuit claiming Yale New Haven Hospital withheld $994,000 in contractually required payments to its former chief operating officer, but said the parties can reopen the dispute if they need the court's intervention.
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February 06, 2026
SEC Alleges Pharma Co. Misled Investors About Cancer Drug
The U.S. Securities and Exchange Commission is suing a Kentucky pharmaceutical company for securities fraud based on claims that the company raised $4.1 million by lying to investors about the status of its cancer treatment drug.
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February 06, 2026
Shake Shack Governance Suit Headed For Dismissal In Del.
A stockholder lawsuit challenging Shake Shack Inc.'s corporate governance arrangements is set to be dismissed after the parties jointly asked the Delaware Court of Chancery to end the case, cutting off the named plaintiff's claims while preserving the ability of other stockholders to bring similar suits later.
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February 06, 2026
4th Circ. Says Trump Anti-DEI Orders Are Constitutional
The Fourth Circuit on Friday lifted a block on President Donald Trump's executive orders that terminated federal diversity, equity and inclusion programs and aimed to encourage government contractors to do the same, saying it's not the court's role to determine if the directives are "sound policy."
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February 06, 2026
FTC Scrutinizing Merger Creating $22B Chip Giant
Skyworks and Qorvo disclosed that the Federal Trade Commission had kicked off an in-depth probe that pumps the brakes on the two leading U.S.-based semiconductor-makers' plans to merge into a $22 billion industry giant.
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February 06, 2026
Ricoh Will Pay $1.75M To End 401(k) Forfeiture, Fee Suits
Ricoh USA Inc. has agreed to pay $1.75 million to end two proposed class actions from ex-workers alleging the technology company allowed excessive fees, offered underperforming investments and misspent forfeitures from its $2 billion employee 401(k) retirement plan, according to filings in Pennsylvania federal court.
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February 06, 2026
Beasley Allen Disqualified From NJ Talc Multicounty Litigation
A New Jersey state appeals court disqualified the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, ruling Friday that a former Faegre Drinker Biddle & Reath LLP lawyer's collaborative efforts with the firm's attorneys violated ethics rules.
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February 06, 2026
Judicial Guide Takes 'Guesswork' Out Of Mass. Biz Litigation
The latest version of "BLS Bench Notes," a kind of cheat sheet for attorneys practicing before Suffolk County's Business Litigation Session in Massachusetts, compiles advice from judges on everything from the format of filings to the use of artificial intelligence.
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February 06, 2026
Holland & Knight Adds Troutman Atty In Financial Services
Holland & Knight LLP announced the hiring of a former partner at Troutman Pepper Locke LLP for its financial services practice group in New York.
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February 06, 2026
Insulet Gets $14.9M Fee Award For Trade Secret Trial Win
A Massachusetts federal judge awarded Insulet Corp.'s attorneys almost $15 million for their $452 million jury trial victory in a trade secrets dispute that was later reduced to $59.4 million, but the fees Goodwin Procter LLP netted were significantly less than the nearly $25 million it requested.
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February 06, 2026
5th Circ. Nixes 50-Year Ponzi Sentence Due To Misinformation
A former Texas lawyer who lost millions of dollars belonging to his clients as part of a sweeping Ponzi scheme has had his 50-year prison sentence vacated, after the Fifth Circuit agreed he was misled by the lower court regarding the maximum time he could face.
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February 06, 2026
Taxation With Representation: Gibson Dunn, S&C, Wachtell
In this week's Taxation With Representation, Elon Musk announces SpaceX's acquisition of his artificial intelligence company xAI, Devon Energy and Coterra Energy agree to merge, and Banco Santander SA acquires Webster Financial Corp.
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February 06, 2026
Mangione's NY State Trial Set for June, Before Feds' Case
A New York state court judge said Friday that Luigi Mangione's state murder charges will go to trial this summer ahead of his federal case, waving off concerns from defense counsel about the difficulty of trying the state case three months before a federal trial.
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February 06, 2026
GC Cheat Sheet: The Hottest Corporate News Of The Week
Attacks on alleged anticompetitive behavior took the spotlight in the past week, with a federal jury ordering medical device maker Medtronic to pay $382 million for its monopolistic practices, including bundling sales and punishing customers for using rival products. And the Federal Trade Commission warned 42 law firms that participating in the Diversity Lab's diversity, equity and inclusion program could constitute anticompetitive collusion.
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February 06, 2026
Tobacco Cos. Clash Over Florida Settlement Costs
A duel involving major tobacco manufacturers has hit the Delaware Chancery Court as Philip Morris USA Inc. is bringing an equitable challenge that it says was left unresolved after it was barred from intervening in earlier litigation between Reynolds American Inc. and ITG Brands LLC over tobacco settlement payments owed to Florida.
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February 05, 2026
Tesla Applicants Fight Uphill To Keep H-1B Visa Bias Suit Alive
A California federal judge appeared open Thursday to tossing a proposed class action alleging Tesla discriminates against American workers by favoring allegedly underpaid H-1B visa holders, telling counsel repeatedly during a hearing the allegations seem to be "speculation."
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February 05, 2026
Ex-Exec At Perot's VC Firm Says Boss Owes Him For $2B Sale
A Dallas businessman sued billionaire Ross Perot Jr. in Texas state court on Thursday saying Perot stiffed him out of his rightful equity interest in a healthcare company that sold for $2 billion and refused to honor an explicit promise.
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February 05, 2026
BNY Mellon Can't Sue Investor In Texas Over Facility Funding
A Texas appellate court determined Thursday that Bank of New York Mellon Trust Co.'s suit against the company that purchased senior revenue certificates for a student housing facility does not belong in the Lone Star State, saying the bank failed to demonstrate that the company's conduct tied it to Texas.
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February 05, 2026
Meta Must Redo User Engagement Data In Mental Health MDL
A California federal judge overseeing discovery in litigation against social media giants over their effect on youth mental health ordered Meta to provide plaintiffs with updated data on the amount of time users spend on Instagram and Facebook, after state attorneys general argued Meta had skewed the times downward.
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February 05, 2026
NYAG's Insider Trading Case A Power Grab, Judge Told
The former CEO of healthcare contractor Emergent BioSolutions Inc. has removed to federal court New York Attorney General Letitia James' insider trading case against him, alleging James is trying to expand her office's power through claims that concern questions of federal law.
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February 05, 2026
BlackRock Arm Faces Investor Suit Over Lending Losses
A BlackRock subsidiary that finances middle-market companies is facing a proposed class action in California federal court accusing it of failing to warn investors about the ballooning number of portfolio companies struggling to pay back their loans.
Expert Analysis
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How 2 Tech Statutes Are Being Applied To Agentic AI
The application of the Computer Fraud and Abuse Act and the California Invasion of Privacy Act to agentic artificial intelligence is still developing, but recent case law, like Amazon's lawsuit against Perplexity in California federal court, provides some initial guidance for companies developing or deploying these technologies, say attorneys at Weil.
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FTC Focus: Testing Joint Enforcement Over Loyalty Programs
The Federal Trade Commission's case against Syngenta can be understood both as a canary for further scrutiny over loyalty-discount practices and a signal of the durability of joint federal-state antitrust enforcement, with key takeaways for practitioners and those subject to regulatory antitrust scrutiny alike, say attorneys at Proskauer.
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NYC Bar Opinion Warns Attys On Use Of AI Recording Tools
Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.
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Series
The Biz Court Digest: Dispatches From Utah's Newest Court
While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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3 Key Ohio Financial Services Developments From 2025
Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.
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Privacy Ruling Shows How CIPA Conflicts With Modern Tech
A California federal court's recent holding in Doe v. Eating Recovery Center that Meta is not liable for reading, or attempting to read, the pixel-related transmission while in transit reflects a mismatch between the California Invasion of Privacy Act's 1967 origins and modern encrypted, browser‑driven communications, says David Wheeler at Neal Gerber.
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Rescheduling Cannabis Marks New Tax Era For Operators
As the attorney general takes steps to move cannabis from Schedule I to Schedule III of the Controlled Substances Act, operators and advisers should prepare by considering the significant changes this will bring from tax, state, industry and market perspectives, says Michael Harlow at CohnReznick.
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Series
Playing Tennis Makes Me A Better Lawyer
An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.
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Justices' BDO Denial May Allow For Increased Auditor Liability
The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.
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FTO Designations: Containing Foreign Firms' Legal Risks
Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.
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Class Actions At The Circuit Courts: January Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five rulings from October and November, and identifies practice tips from cases involving consumer fraud, oil and gas leases, toxic torts, and wage and hour issues.
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Series
Judges On AI: How Judicial Use Informs Guardrails
U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.
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What Businesses Offering AI Should Expect From The FTC
The Federal Trade Commission's move to reopen and set aside an administrative order against Rytr shows that the FTC is serious about executing on the administration's Artificial Intelligence Action Plan, and won't stand in the way of businesses offering AI products with pro-consumer, legitimate uses, say attorneys at Reed Smith.
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Crypto-Asset Strategy For Corporate Legal Leaders In 2026
As digital assets experience increased regulatory clarity, institutional adoption and technological maturity, in-house legal leaders must build strong policies this year and stay engaged with the evolving market to help their companies seize the opportunities of the digital asset era while managing the risks, say attorneys at Foley & Lardner.