Corporate

  • May 06, 2026

    Ametek To Acquire PE-Owned Indicor Instrumentation For $5B

    Industrial technology company Ametek Inc. said Wednesday it has agreed to pay $5 billion in cash for a portfolio of instrumentation businesses from Indicor LLC, a portfolio company of private equity firm CD&R.

  • May 06, 2026

    Feds Say Stolen BigLaw Deal Info Aided Huge Trading Scheme

    Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.

  • May 06, 2026

    Citizens Bank Customer Says Software Vendor Leaked Info

    Communications software company Sefas Innovation Inc. has been hit with a proposed class action in Massachusetts federal court accusing it of failing to safeguard the data of its clients' customers from cybercriminals, resulting in a breach of its records in April.

  • May 06, 2026

    Democrats Urge EEOC Chair Not To Roll Back IVF Protections

    Over a dozen Democratic senators urged the U.S. Equal Employment Opportunity Commission to preserve safeguards for workers undergoing fertility treatments, asserting in a letter that Chair Andrea Lucas' plans to rewrite Pregnant Workers Fairness Act regulations could lead employers to unlawfully deny employees' accommodation requests.

  • May 06, 2026

    SEC Makes First Move To Nix Biden-Era Climate Reg

    The U.S. Securities and Exchange Commission is preparing to rescind a Biden-era requirement that publicly traded companies disclose their greenhouse gas emissions, with staff informing the Office of Management and Budget this week of the planned rescission.

  • May 06, 2026

    AT&T Finds 'Thousands Of Use Cases' For AI In-House

    In-house counsel for AT&T said Wednesday that the company has found "thousands of use cases" for artificial intelligence models in intellectual property work, both in-house and for outside counsel.

  • May 06, 2026

    Extend Immediate Expensing For Plastic Recycling, IRS Told

    Advanced plastic recycling should be eligible for a new tax perk allowing full expensing of a qualified production property's costs, a chemical trade association said in a letter, released Wednesday, recommending the industry-specific change for the IRS' upcoming proposed regulations.

  • May 05, 2026

    Musk Sought Control Of OpenAI To Fund Mars City, Jury Told

    OpenAI President Greg Brockman defended OpenAI's for-profit conversion during a California federal jury trial Tuesday and accused Elon Musk of demanding "unilateral absolute control" over OpenAI to fund his plans for a city on Mars, while acknowledging under examination that Musk proposed his stake would "change quickly" with additional investors.

  • May 05, 2026

    Ex-FDA Chief Testifies 100s Of J&J Docs Tie Asbestos To Talc

    A former U.S. Food and Drug Administration commissioner on Tuesday testified in a Los Angeles bellwether trial over claims Johnson & Johnson's talc products caused deadly ovarian cancer in three women, saying hundreds of internal company documents reveal the company knew for decades that its talc contained asbestos.

  • May 05, 2026

    Exelon Shareholders Fight Objectors' Fee Bid On Bribery Deal

    Exelon shareholders seeking an Illinois federal judge's approval on a derivative settlement addressing subsidiary Commonwealth Edison's legislative bribery scheme argued Tuesday that shareholders who've opposed the deal should not receive attorney fees because their three-year fight against approval has not substantially benefited the litigation.

  • May 05, 2026

    Ex-CEO Gets 5 Years In Prison For $212.5M Fraud Case

    A New Jersey federal judge on Tuesday sentenced the former CEO of a now-defunct medical billing company to five years in prison, the statutory maximum penalty, for his role in a $212.5 million scheme to inflate the value of his company to defraud investors.

  • May 05, 2026

    Judge Blocks Arizona From Policing Prediction Markets

    A Phoenix federal judge on Tuesday barred Arizona officials from enforcing state gambling laws against federally regulated prediction market platforms in an order finding that the federal government is likely to succeed on claims that the event contracts at issue are swaps beyond the reach of state regulators.

  • May 05, 2026

    Kilpatrick Adds Buchalter Financial Services Partner In Seattle

    Attorney Marcus J. Williams joined Kilpatrick Townsend & Stockton LLP's Seattle office as a partner in its financial institutions team, the firm announced Tuesday, saying the hire from Buchalter PC would help bolster Kilpatrick's growth in the Pacific Northwest and Intermountain Region.

  • May 05, 2026

    Papa John's Workers Defend No-Poach Deal From Objections

    Papa John's employees are continuing to push a Kentucky federal court to approve a $5 million settlement for the pizza chain's past use of "no-poach" provisions in its franchise agreements, saying a handful of newly discovered objections offer no reason to reject the deal.

  • May 05, 2026

    Womble Bond Picks Veteran Real Estate Atty As Partner In SF

    Womble Bond Dickinson has hired a real estate and land use attorney with more than 50 years of experience as a partner for its real estate team in San Francisco, the firm announced Tuesday.

  • May 05, 2026

    OpenAI Accused Of Giving ChatGPT User Info To Meta, Google

    A ChatGPT user Tuesday filed a proposed class action against OpenAI in California federal court, claiming the artificial intelligence company disclosed private user information to Meta Platforms and Google without users' consent.

  • May 05, 2026

    Whistleblower Says SEC Rule Shift Cost Him Bounty

    A D.C. Circuit panel appeared split on its interpretation of the statute governing the U.S. Securities and Exchange Commission's whistleblower rewards in a case involving an anonymous tipster claiming he was due compensation even though he failed to take the information directly to the agency.

  • May 05, 2026

    BellRing Derivative Suits Consolidated, Stayed In Delaware

    A Delaware federal judge on Tuesday consolidated two shareholder derivative suits accusing the top brass of protein-shake maker BellRing Brands Inc. of misleading investors about the sales growth of "convenient nutrition" products like energy bars and protein powders, and has put the consolidated action on hold until a dismissal motion in a related securities suit is resolved.

  • May 05, 2026

    DC Circ. Says SEC Whistleblower Denial Doesn't Pass Muster

    The D.C. Circuit has dinged the U.S. Securities and Exchange Commission for failing to adequately explain why it denied a whistleblower award to an anonymous individual who brought forth information leading to a successful enforcement action, ordering the commission to reconsider whether it was in the public interest to deny the man's claim.

  • May 05, 2026

    Santander Says Ex-Adviser Poached Lion's Share Of Clients

    Santander Bank and its investment adviser unit have sued a former employee, alleging that he improperly wooed away the vast majority of his clients when he decamped for a competitor.

  • May 05, 2026

    BlackRock, State Street Push To Trim Red State AGs' Suit

    BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."

  • May 05, 2026

    X, Startup Clash Over Fate Of Twitter Brand

    X Corp. and Operation Bluebird Inc. are urging a Delaware federal judge to take sharply different views of what happened to the Twitter brand after Elon Musk renamed the social media platform X, with X saying the famous name remains protected and Bluebird saying the company gave it up.

  • May 05, 2026

    Duane Morris Integrates Gambling, Sports Industry Groups

    The growing popularity of betting in sports has prompted Duane Morris LLP to respond to the meshing of the two sectors by integrating its sports and gambling law groups.

  • May 05, 2026

    Ex-Sunrun Legal VP Joins Wilson Sonsini In San Francisco

    Wilson Sonsini Goodrich & Rosati PC announced Tuesday that the former vice president of legal at solar energy company Sunrun has joined the firm's San Francisco office as an energy and climate solutions partner.

  • May 05, 2026

    EEOC Sues NY Times For Not Promoting White Editor

    The U.S. Equal Employment Opportunity Commission filed a suit Tuesday claiming The New York Times violated civil rights law when it passed over a white man for a promotion to a deputy editor position.

Expert Analysis

  • AI Recruiting Suit Shows Old Laws May Implicate New Tools

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    The Fair Credit Reporting Act allegations recently filed in Kistler v. Eightfold AI, are the latest example of broad definitional language in legacy statutes proving far more dangerous to companies deploying artificial intelligence – particularly in hiring – than any purpose-built artificial intelligence regulation, say attorneys at Ogletree.

  • 2 Rulings Poke Holes In Mandatory Restitution Framework

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    The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.

  • What Voluntary Calif. Carbon Reports Show About Compliance

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    While the enforcement of California's S.B. 261 is currently paused due to a Ninth Circuit injunction, more than 130 companies have nonetheless chosen to voluntarily publish climate-related financial risk disclosures, providing a useful snapshot of how the market is interpreting the law's requirements in practice, say attorneys at DLA Piper.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • How SEC And CFTC Are Attempting To End Their 'Turf War'

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    Through coordinated examinations and a shared aim to end duplicative regulation, the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission's recent memorandum of understanding could represent a significant shift in the regulatory landscape for market participants subject to the jurisdiction of both agencies, say attorneys at Jenner.

  • How Justices' GEO Ruling Resets Gov't Contractor Litigation

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    The U.S. Supreme Court’s recent GEO Group v. Menocal decision, holding that government contractors cannot immediately exit cases via interlocutory appeals, may increase litigation costs, strengthen plaintiffs' leverage in settlement negotiations and dampen the government's ability to attract bids on high-risk or sensitive projects, say attorneys at Wiley.

  • FTC Focus: Growing Emphasis On Competition In AI

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    The Federal Trade Commission's leadership has continued to highlight that competitive risks in artificial intelligence markets may arise at multiple levels simultaneously, considering not only who controls the resources necessary to build AI systems, but also how those systems function and yield outputs, say attorneys at Proskauer.

  • What's Missing From Latest Gov't Claims Against Harvard

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    The most interesting thing about the Trump administration’s recent civil rights enforcement efforts targeting Harvard University is its decision not to assert violations of the False Claims Act when given the opportunity, despite signals that its enforcement efforts will include use of the federal FCA, say attorneys at Bass Berry.

  • How Cos. Can Prepare For 'Made In America' Ad Scrutiny

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    The Trump administration's executive order to combat fraudulent "Made in America" claims in consumer-facing advertising, along with actions by the Federal Trade Commission, suggest a potential increased focus on consumer protection and pricing-related matters, say attorneys at Skadden.

  • Opinion

    FTC Case Risks Redefining Price Discrimination

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    Federal Trade Commission v. Southern Glazer puts a spotlight on the blurry line between illegal price discrimination and ordinary competition, and could potentially set a precedent that puts nearly any manufacturer at risk of Robinson-Patman Act enforcement, says Jeremy Sandford at Econic Partners.

  • Parsing Rule 12(c) Motion Overuse In Securities Class Actions

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    Defendants in securities class actions have more frequently been filing motions for judgment on the pleadings following the denial of motions to dismiss, but courts have recently demonstrated an increasing willingness to reject these previously rare motions, finding them transparent attempts to relitigate already-decided issues, say attorneys at Labaton Keller.

  • Series

    Mich. Banking Brief: All The Notable Legal Updates In Q1

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    Michigan's financial services sector saw several significant developments in 2026's first quarter, including the state Department of Insurance and Financial Services' issuance of a bulletin on the use of artificial intelligence and the Michigan House's introduction of a bill based on the Model Money Transmission Modernization Act, say attorneys at Dykema.

  • Why Indicia Of Fraud Matter In Forensic Accountant Testimony

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    Amid federal probes into Minnesota social welfare programs and an elevated focus on detecting and prosecuting fraud, counsel must understand the professional and procedural lines that forensic accounting experts should not cross when analyzing evidence for indicia of fraud, say Kelly Bossard and George Saitta at FTI Consulting.

  • Series

    Ultramarathons Make Me A Better Lawyer

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    Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

  • When AI Puffery Becomes Actionable Securities Fraud

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    Though courts usually hold that vague but optimistic corporate statements don’t constitute securities fraud, signs suggest that investors may give enough economic weight to references to artificial intelligence in public company disclosures that broad feel-good statements could cross into actionable misrepresentation, says Christine Polek at Keystone Strategy.

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