Corporate

  • August 20, 2025

    Trump Says Fed's Cook 'Must Resign' Amid Loan Fraud Claim

    President Donald Trump's Federal Housing Finance Agency chief on Wednesday accused Federal Reserve Gov. Lisa Cook of potential mortgage fraud and said he has referred the matter to federal prosecutors, prompting Trump to call for Cook's immediate resignation — a call she has rejected.

  • August 19, 2025

    PE Firm Hit With Contempt, Receiver In Del. Over Legal Bills

    A magistrate in the Delaware Chancery Court has entered an order for contempt and sanctions, as well as a receivership, against private equity firm 777 Partners in its former chief financial officer's suit seeking advancement of legal fees in connection with a fraud investigation and multiple lawsuits related to the company's business.

  • August 19, 2025

    Inovalon Investor Suit Over $7.3B Nordic Deal Gets Class Cert.

    A Delaware chancellor has certified a class of Inovalon Holdings common stockholders who challenged the $7.3 billion go-private sale of the company to Nordic Capital and claimed Inovalon failed to disclose that the investors who bought it paid $400 million in fees to its financial adviser before the transaction. 

  • August 19, 2025

    Google Should Pay Billions To App Users For Data, Jury Told

    Google made billions of dollars collecting data from the cellphones of tens of millions of Americans despite their opting out of tracking, a lawyer for consumers in a class action told a California federal jury Tuesday, while Google countered that the data collected after the privacy setting was activated isn't tied to users' identity.

  • August 19, 2025

    3D Systems Brass Sued Over Revenue Projections

    Executives and directors of 3D Systems Corp. have been hit with a shareholder derivative suit accusing them of concealing issues that negatively impacted the 3D printer company's revenue prospects, including an update to a partnership agreement with a large customer to develop artificial lungs.

  • August 19, 2025

    Las Vegas Sun Asks 9th Circ. To Revisit Order Voiding Deal

    The Las Vegas Sun has urged the Ninth Circuit to reconsider its decision finding that its joint operating arrangement with the Las Vegas Review-Journal was illegal for lacking U.S. attorney general approval, arguing the Sun could collapse while its competitor maintains a monopoly in the daily newspaper market for a Nevada county.

  • August 19, 2025

    Texas Co., Exec To Pay $12.4M In Customs Evasion FCA Suit

    A Dallas-based countertop and cabinetry product supplier and its president agreed on Tuesday to pay more than $12.4 million to settle a False Claims Act suit alleging they conspired to evade import duties on quartz products from China, with more than $2.1 million designated for a whistleblower.

  • August 19, 2025

    Sony, PlayStation Gamers Revive Bid For $7.85M Settlement

    Gamers who struck a $7.85 million settlement with Sony Interactive Entertainment to resolve their antitrust claims over downloadable game card prices have renewed their motion for preliminary approval of the deal, addressing issues a California federal court found in a previous request, including Sony's provision of account credits.

  • August 19, 2025

    OAN Owner Looks To Depose UMich Expert In Dominion Case

    One America News Network's owner has asked the Sixth Circuit to force a University of Michigan cybersecurity expert to testify in Dominion Voting Systems' defamation case over the network's coverage of the 2020 presidential election, saying a judge erred when he blocked the deposition.

  • August 19, 2025

    $8M Lake Michigan Dock Damages Suit Sent To Florida

    A Michigan federal judge has said a Lake Michigan marine transportation company accusing Lockheed Martin Corp. and the U.S. Navy of causing more than $8 million of damage to its facility while testing a naval vessel must pursue the litigation in the Middle District of Florida.

  • August 19, 2025

    Insurers Pull Back From Discord Liability Coverage Fight

    Four insurers jointly have agreed to dismiss a complaint, counterclaims and crossclaims focused on insurer risks and liability related to social media site Discord Inc., now the target of multiple suits accusing the site of facilitating child exposure to graphic content, abuse and exploitation.

  • August 19, 2025

    Chancery Dings Marsh McLennan Over Defection Suit Conduct

    In sometimes chiding language, a Delaware vice chancellor ruled on Tuesday a New York federal judge will go first in a multicourt battle over Delaware-chartered insurance brokerage Marsh McLennan's challenges to employee defections allegedly orchestrated by Howden Holdings Ltd.

  • August 19, 2025

    TriZetto Wants Nearly $18M In Atty Fees In Trade Secret Fight

    Healthcare software company the TriZetto Group has requested nearly $18 million in attorney fees in a decadelong trade secrets legal battle with Syntel Inc., saying its rival's "unreasonable" litigation conduct merits the award.

  • August 19, 2025

    Title Insurer Says No Fiduciary Duty Owed To Board Members

    A Connecticut-based title insurance company and its subsidiary have argued in a court filing that a former board member lacks standing under Delaware and Florida law to assert fiduciary duty claims against fellow directors, the companies and their in-house counsel.

  • August 19, 2025

    FTC Fights Order Blocking Media Matters Probe

    The Federal Trade Commission is appealing a D.C. federal court's order preliminarily blocking an investigation into left-leaning watchdog Media Matters for America over concerns about collusion in the advertising industry and is asking to pause the order for the appeal.

  • August 19, 2025

    MoFo-Led Industrial REIT Receives $1B PE Takeover Offer

    Plymouth Industrial REIT Inc., advised by Morrison Foerster LLP, said Tuesday it is reviewing a roughly $1 billion takeover offer from Sixth Street Partners, a private equity firm that has invested in the real estate investment trust since at least last year.

  • August 18, 2025

    Williams-Sonoma Loses Bid To Narrow Thread-Count Class

    A California federal judge on Monday denied Williams-Sonoma's bid to exclude certain class members from a suit alleging it misled consumers about the thread count of its bedding, finding the company did not meet its burden to establish the consumers agreed to arbitrate their claims.

  • August 18, 2025

    Musk Seeks Early Win In Twitter Investor Fraud Case

    Elon Musk has asked a California federal judge to dismiss claims brought by a class of former Twitter investors in litigation accusing the right-wing billionaire of intentionally tanking the social media platform's stock price, arguing his statements made ahead of the deal are accurate.

  • August 18, 2025

    Catching Up With Delaware's Chancery Court

    Executives and board members of Cencora Corp. tentatively settled a stockholder derivative suit for $111.25 million, VectoIQ board members reached a $6.3 million deal on stockholder claims over electric carmaker Nikola's prospects, and class attorneys who secured a $50 million derivative suit settlement saw their proposed 25% attorney fee cut by almost half. Here's the latest from the Delaware Chancery Court.

  • August 18, 2025

    Ex-Lovesac Execs Stuck With Bulk Of SEC Fraud Suit

    The U.S. Securities and Exchange Commission's suit against two former executives of beanbag chair maker Lovesac will move forward after a Connecticut federal judge ruled that the SEC had adequately pled knowledge of wrongdoing by the defendants and the materiality of alleged misstatements.

  • August 18, 2025

    Honeywell Defeats Ex-Worker's 401(k) Forfeiture Suit

    A New Jersey federal judge tossed a proposed class action Monday alleging Honeywell violated federal benefits law by putting 401(k) forfeitures toward employer-side contribution obligations instead of defraying administrative expenses, finding an ex-worker hadn't backed up claims the spending breached fiduciary duties or caused prohibited transactions.

  • August 18, 2025

    Ex-GC Ordered To Destroy Files In Trade Secret Dispute

    Storehouse In A Box secured a permanent injunction against its former general counsel and chief operating officer, barring him from using or accessing confidential information the e-commerce company alleges he misappropriated after being put on leave, according to a Monday order.

  • August 18, 2025

    Del. Justices Reject CVS Bid For Opioid Claim Insurance

    CVS Corp. lost its bid on Monday for Delaware Supreme Court reversal of a lower court ruling rejecting the healthcare giant's argument that insurers should cover government, hospital and third-party payer claims for economic losses related to the company's opioid dispensing practices.

  • August 18, 2025

    Insurer, Kennel Settle Coverage Dispute Over Nuisance Claims

    A Hanover unit and a dog kennel have resolved a dispute over coverage for an underlying suit alleging that the kennel's expansion interfered with a Golden State community's rights of possession, according to a California federal court filing.

  • August 18, 2025

    Infosys Can't Ax Trade Secrets Suit Over Healthcare Software

    Cognizant TriZetto Software Group Inc.'s trade secret and breach of contract claims against competitor Infosys Ltd. were filed in a timely fashion and are detailed enough to move forward, a Texas federal judge has found.

Expert Analysis

  • Grappling With Workforce-Related Immigration Enforcement

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    To withstand the tightening of workforce-related immigration rules and the enforcement uptick we are seeing in the U.S. and elsewhere, companies must strike a balance between responding quickly to regulatory changes, and developing proactive strategies that minimize risk, say attorneys at Fragomen.

  • Opinion

    The SEC Should Embrace Tokenized Equity, Not Strangle It

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    The U.S. Securities and Exchange Commission should grant no-action relief to firms ready to pilot tokenized equity trading, not delay innovation by heeding protectionist industry arguments, says J.W. Verret at George Mason University.

  • What To Do When Congress And DOJ Both Come Knocking

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    As recently seen in the news, clients may find themselves facing parallel U.S. Department of Justice and congressional investigations, requiring a comprehensive response that considers the different challenges posed by each, say attorneys at Friedman Kaplan.

  • Series

    Law School's Missed Lessons: Learning From Failure

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    While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.

  • 23andMe Fine Signals ICO's New GDPR Enforcement Focus

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    Many of the cybersecurity failures identified by the Information Commissioner’s Office in its investigation of 23andMe, recently resulting in a £2.3 million fine, were basic lapses, but the ICO's focus on several new U.K. General Data Protection Regulation considerations will likely carry into the future, say lawyers at Womble Bond.

  • Midyear Rewind: How Courts Are Reshaping VPPA Standards

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    The first half of 2025 saw a series of cases interpreting the Video Privacy Protection Act as applied to website tracking technologies, including three appellate rulings deepening circuit splits on what qualifies as personally identifiable information and who qualifies as a consumer under the statute, say attorneys at Perkins Coie.

  • Lessons On Parallel Settlements From Vanguard Class Action

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    A Pennsylvania federal judge’s unexpected denial of a proposed $40 million settlement of an investor class action against Vanguard highlights key factors parties should consider when settlement involves both regulators and civil plaintiffs, say attorneys at Ropes & Gray.

  • How The Healthline Privacy Settlement Redefines Ad Tech Use

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    The Healthline settlement is the first time California has drawn a clear line in the sand around how website tracking must function in practice, so if your site uses tracking technologies, especially around sensitive content like health or finance, regulators are inspecting your website's back end, not just its banner, say attorneys at Baker Donelson.

  • AI Infrastructure Growth Brings Unique IP Considerations

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    The explosive rise of artificial intelligence has triggered an equally dramatic transformation in the supporting infrastructure required to meet growing AI demand, and the technology used in these data centers has its own intellectual property considerations to navigate, says Vincent Allen at Carstens Allen.

  • Legal Ops, Compliance Increasingly Vital To Antitrust Strategy

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    With deal timelines tightening and disclosure requirements intensifying, legal operations and compliance teams are becoming critical drivers of premerger strategy, cross-functional alignment and regulatory credibility, says Alexander Lima at Wesco International.

  • Series

    Adapting To Private Practice: From ATF Director To BigLaw

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    As a two-time boomerang partner, returning to BigLaw after stints as a U.S. attorney and the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, people ask me how I know when to move on, but there’s no single answer — just clearly set your priorities, says Steven Dettelbach at BakerHostetler.

  • What To Know As SEC Looks To Expand Private Fund Access

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    As the U.S. Securities and Exchange Commission considers expanding retail access to private markets, understanding how these funds operate — and the role of financial intermediaries in guiding investors — is increasingly important, say attorneys at K&L Gates.

  • New DOJ Penalty Policy Could Spell Trouble For Cos.

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    In light of the U.S. Department of Justice’s recently published guidance making victim relief a core condition of coordinated resolution crediting, companies facing parallel investigations must carefully calibrate their negotiation strategies to minimize the risk of duplicative penalties, say attorneys at Debevoise.

  • IPR Decisions Clarify Stewart's 'Settled Expectations' Factor

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    Recent discretionary denial decisions from U.S. Patent and Trademark Office acting Director Coke Morgan Stewart have begun to illuminate the contours of her "settled expectations" doctrine, informing when it might be worth petitioning for inter partes review if the patent at issue has been in force for a few years, say attorneys at Morgan Lewis.

  • 4th Circ. Favors Plain Meaning In Bump-Up D&O Ruling

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    The Fourth Circuit's latest denial of indemnity coverage in Towers Watson v. National Union Fire Insurance and its previous ruling in this case lay out a pragmatic approach to bump-up provisions that avoids hypertechnical constructions to limit the effect of a policy's plain meaning, say attorneys at Kennedys.

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