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December 22, 2025
New Class Action Claims CIBC, RBC Rigged Quantum Shares
A Quantum Biopharma investor has filed a proposed class action against several major Canadian banks, accusing them of running a spoofing scheme for years that artificially drove down Quantum's stock price — flooding exchanges with fake sell orders to mislead the market and buy shares at deflated prices, costing ordinary shareholders millions.
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December 22, 2025
Physicist Takes No-Jail Deal To End 'Buffalo Billion' Saga
A New York physicist who over a decade ago allegedly defrauded the Empire State's "Buffalo Billion" development initiative while serving as president of SUNY Polytechnic Institute copped to a conspiracy count Monday in another step toward closing a case that wound its way up to the U.S. Supreme Court.
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December 19, 2025
Meta Mostly Defeats 'Bricked' Devices False Ad Suit, For Now
A California federal judge has explained his decision to toss the bulk of a proposed class action alleging Meta Platforms Inc. deceptively sold video-calling devices it later "bricked" by dropping software support, although he refused to toss an unfair competition claim and gave the consumers the opportunity to take another stab at the complaint.
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December 19, 2025
Google Says SerpApi Bypasses Security To Scrape IP
Google says data-scraping firm SerpApi circumvents its security measures protecting copyrighted content that appears in search results, alleging in a California federal lawsuit Friday that SerpApi steals content Google licenses from others "at an astonishing scale" and then resells it to its own customers.
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December 19, 2025
Colo. Judge Rules Lumen's Claims Not Time-Barred
A Colorado federal judge ruled that Lumen Technologies' suit against a consulting firm isn't time-barred, dismissing the firm's bid for summary judgment after it was accused of being liable for a faulty structural analysis of a building Lumen wished to purchase in Miami.
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December 19, 2025
GM Says Brake Defect Suit Fails Because Cars Were Repaired
General Motors asked a Pennsylvania federal judge to dismiss a putative class action accusing the automaker of selling vehicles with defective brake systems, arguing because the plaintiffs had their vehicles repaired by the carmaker's dealers, no harm was done.
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December 19, 2025
Iowa Appeals Schwab Antitrust Deal After Objections
Iowa's attorney general has appealed to the Fifth Circuit a Texas federal judge's final approval of a settlement ending an antitrust class action suit over The Charles Schwab Corp.'s merger with TD Ameritrade, following the Hawkeye State's previous objection claiming the deal offered class members insufficient relief.
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December 19, 2025
Real Estate Recap: How '25 Shaped Offices, Hotels, Data Hubs
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including analyses of how the office, hotel and data center sectors fared in 2025.
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December 19, 2025
Health Co. CEO Gets 15 Years In $1.4B Fraud Scheme
A Florida federal judge sentenced a software company CEO to 15 years in prison Friday for participating in a scheme to coordinate illegal medical kickbacks through an internet platform, an operation that resulted in $1.4 billion worth of false billings to Medicare and other insurers for unnecessary medical products.
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December 19, 2025
NC Panel Denies Lindberg's Bid To Broaden Receivership
Convicted insurance mogul Greg Lindberg couldn't convince a North Carolina state appeals court to either loosen the strictures on a receivership or free certain of his affiliates from a temporary restraining order connected to his $1.2 billion insurance scheme from the mid-2010s.
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December 19, 2025
App Makers Tell 9th Circ. It Got Google Maps Facts Wrong
App makers asked the Ninth Circuit to rethink their proposed antitrust class action accusing Google of locking out rival maps products, arguing a panel refused to revive the case only because it did "not address and ignored" their allegations.
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December 19, 2025
23 AGs Oppose FCC's Possible AI Law Preemption
Nearly two dozen state attorneys general joined forces to urge the Federal Communications Commission not to issue a ruling that would preempt state-level regulation of artificial intelligence technologies, arguing in a comment letter that the agency lacks such authority.
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December 19, 2025
Ill. Judge Trims Claims Over Mondelez Cocoa Sourcing Label
A California consumer can pursue claims that Mondelez International illegally led customers to believe that the snack giant sources its cocoa ethically, but only for Oreo and Toblerone products, an Illinois federal judge ruled.
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December 19, 2025
Employment Authority: NLRB Quorum Back, 2025 In Rulings
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with features on the new direction of the National Labor Relations Board and the U.S. Department of Labor and the biggest employment rulings of 2025.
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December 19, 2025
Medical, School Groups Seek Order Halting $100K Visa Fee
A medical practice in rural North Carolina and other employers asked a federal judge Friday to block enforcement of the Trump administration's $100,000 fee on H-1B visas, arguing the "massive" fee hike will inflict irreparable harm on their communities.
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December 19, 2025
Rail Giants Pitch $85B Deal To Transportation Regulators
Union Pacific Corp. and Norfolk Southern Corp. submitted the required application for their planned $85 billion merger on Friday, telling regulators the rail networks have few overlaps and that a combined system will allow freight to move faster and more efficiently across the country.
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December 19, 2025
Del. Justices Reinstate Elon Musk's $56B-Plus Pay Package
Elon Musk saw his once-$56 billion, now larger, Tesla Inc. compensation package rescued Friday, as the Delaware Supreme Court reversed a lower court ruling from January 2024 that voided a board and stockholder-approved pay deal.
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December 19, 2025
GC Cheat Sheet: The Hottest Corporate News Of The Week
In one of the stories in corporate legal news from the past week, almost half of the in-house legal professionals in a recent survey said they were either actively or passively seeking new jobs, citing stress, a struggle to build multidisciplinary teams and anxiety around artificial intelligence.
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December 19, 2025
BigLaw And Boutiques Both Shine In 2025's Top 10 Deals
A tight circle of elite law firms guided the way as megadeals roared back with force in 2025, while a small group of specialist and international firms also made their mark across global transactions spanning infrastructure, gaming, pharmaceuticals, artificial intelligence and energy.
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December 19, 2025
Taxation With Representation: Baker Botts, Morgan Lewis
In this week's Taxation With Representation, Trump Media and Technology Group merges with fusion power company TAE Technologies, pharmaceutical company Cencora boosts its stake in cancer care company OneOncology, and Phoenix Financial partners with private equity giant Blackstone to plug billions into various credit strategies.
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December 19, 2025
3 Firms Advise As Sony Nabs Majority Stake In Peanuts Brand
WildBrain has agreed to sell its 41% stake in Peanuts Holdings LLC to Sony Music Entertainment (Japan) Inc. and Sony Pictures Entertainment Inc. for C$630 million in cash, or roughly $457 million, in a deal steered by three law firms.
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December 19, 2025
J&J, ChemImage Reach Deal After $77M AI Patent Judgment
Johnson & Johnson has entered an agreement to resolve a lawsuit that ChemImage Corp. had brought alleging the pharmaceutical giant unilaterally ended a deal to develop in-surgery artificial intelligence imaging techniques, after a New York federal judge determined J&J owed $76.6 million in the dispute.
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December 19, 2025
If GCs Can't Do It, How Do We Hold Boeing Accountable?
Several years ago, Ben Heineman Jr. — often referred to as the father of modern-day general counsel — spoke with me about his view of a general counsel's role in shaping a company's corporate culture and ethics.
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December 19, 2025
Chancery Keeps Alive Electric Vehicle Co. SPAC Suit
Most counts have gone forward in a Delaware Court of Chancery suit alleging an unfair "blank check" company take-public merger with a since-reorganized electric vehicle company that faced allegedly undisclosed supply chain problems.
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December 19, 2025
BioMarin Inks $4.8B Amicus Buy As Patent Litigation Resolved
BioMarin Pharmaceutical Inc. has agreed to acquire Amicus Therapeutics for $4.8 billion, in a deal bolstered by Amicus' settlement of patent litigation that secures U.S. exclusivity for its Galafold drug until 2037, the companies said Friday.
Expert Analysis
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Considerations When Invoking The Common-Interest Privilege
To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.
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How In-House Counsel Can Prep Corp. Reps For Depositions
With anticorporate sentiment on the rise and jury verdicts against businesses growing larger, it is crucial that witnesses designated to be deposed on behalf of a company be well-prepared — and there are several key points in-house counsel should keep in mind to facilitate this process, says Joseph Altieri at Hollingsworth.
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Series
The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.
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What To Watch As NY LLC Transparency Act Is Stuck In Limbo
Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.
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1st Trial After FCPA Pause Offers Clues On DOJ Priorities
After surviving a government review of Foreign Corrupt Practices Act enforcement, the U.S. v. Zaglin case reveals the U.S. Department of Justice still appears willing to prosecute individuals for conduct broadly consistent with classic priorities, despite the agency's new emphasis on foreign policy priorities, say attorneys at Debevoise.
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Opinion
Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar
Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.
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From Bank Loans To Private Credit: Tips For Making The Shift
The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.
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Wells Process Reforms Serve SEC Chair's Transparency Goals
Enforcement policy changes U.S. Securities and Exchange Commission Chairman Paul Atkins recently set forth will help fulfill his stated goal of making Division of Enforcement investigations more fair and transparent by changing the Wells process to provide recipients earlier consultations with SEC staff, greater evidence access and more time to file responses, say attorneys at Dechert.
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Rule Amendments Pave Path For A Privilege Claim 'Offensive'
Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.
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Series
My Miniature Livestock Farm Makes Me A Better Lawyer
Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.
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The Future Of Gen AI Training Amid Reddit Data Scraping Suit
Reddit's lawsuit against Perplexity AI is not framed as a classic copyright infringement fight, demonstrating that even when companies avoid fair use claims, the path by which training data is obtained is legally consequential, say attorneys at Troutman Pepper.
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Navigating Sanctions Against Colombia's Head Of State
To limit their exposure from recent sanctions that prohibit dealings with Colombia’s president and specific officials, it is critical that U.S. companies gain a fulsome understanding of potential touchpoints, establish controls to avoid engagement and, if necessary, seek U.S. government approval, say attorneys at Perkins Coie.
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Litigation Funding Could Create Ethics Issues For Attorneys
A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.
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SEC's Dual Share Class Approval Signals New Era For ETFs
The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.
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Class Actions At The Circuit Courts: November Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five recent rulings and identifies practice tips from cases involving claims related to oil and gas royalty payments, consumer fraud, life insurance, automobile insurance, and securities violations.