Corporate

  • October 16, 2025

    Peloton Moves To Toss Investors' Revived COVID-19 Suit

    Peloton has once again moved to dismiss a proposed class action lawsuit revived by the Second Circuit last month, saying that investors couldn't prove executives intentionally misled them into believing that a spike in demand during the first year of the COVID-19 pandemic was sustainable.

  • October 16, 2025

    Research Exec Faked Data, Worked For Rivals, $10M Suit Says

    A Massachusetts marketing and political research firm that has done work for Snapchat, Paramount and the government says its co-founder and former chief analytics officer falsified data and used its resources on projects for competitors, and is seeking at least $10 million in damages in a recently launched lawsuit.

  • October 16, 2025

    Consumer Group Seeks Role In Nationals' Hidden Fees Suit

    A national consumers group asked a Washington, D.C., federal court for permission to intervene as a plaintiff in what it called a "copycat" proposed class action against the MLB's Washington Nationals over hidden ticket fees so it can request a stay and protect the progress it has made in its own state court lawsuit.

  • October 16, 2025

    Fla. Pension Fund Sues To Block Exxon Retail Voting Program

    A police pension fund in Florida hit Exxon Mobil Corp.'s directors with a proposed class action seeking to halt an allegedly unlawful, first-of-its-kind voting program that allows retail shareholders to opt to automatically support the board's recommendations.

  • October 16, 2025

    NLRB Says Fed. Law Preempts Calif.'s Labor Board Fill-In Law

    The National Labor Relations Board claimed that newly enacted legislation to expand California's state labor board's powers was preempted by the National Labor Relations Act, in a complaint filed in California federal court. 

  • October 16, 2025

    Wells Fargo To Settle Investors' 'Sham' Hiring Case For $85M

    Wells Fargo & Co. has agreed to pay $85 million to exit an investor class action accusing it of conducting "sham" job interviews to meet diversity quotas, settling a yearslong dispute before it could reach trial in California federal court.

  • October 16, 2025

    Gabelli, Entwistle Make Lone Paramount Suit Pitch In Del.

    A fund of Paramount Global Inc. investor Mario Gabelli notified Delaware's Court of Chancery on Thursday that no other stockholders have sought to lead a suit challenging Paramount Global's $8.4 billion acquisition by David Ellison's Skydance Media, with the fund seeking lead plaintiff status and Entwistle & Cappucci and Farnan LLP to be lead counsel.

  • October 16, 2025

    BakerHostetler Adds Loeb & Loeb Corporate Group In NY

    BakerHostetler hired a quartet of dealmaking partners from Loeb & Loeb LLP for the firm's business practice group Thursday as part of its efforts to deepen capabilities in mergers and acquisitions, private equity and debt finance.

  • October 16, 2025

    Bankrupt Rite Aid Trust Sues Walgreens Over Opioid Costs

    A trustee for Rite Aid Corp.'s bankruptcy estate has sued Walgreens Boots Alliance Inc. and a subsidiary, Walgreen Co., in Delaware Chancery Court, accusing the pharmacy giant of failing to cover tens of millions of dollars in opioid epidemic-related litigation costs that it had agreed to cover.

  • October 16, 2025

    5th Circ. Calls For Narrow Sanctions In Southwest Bias Fight

    The Fifth Circuit stood by its decision to scuttle a contempt order mandating religious bias training for attorneys representing Southwest Airlines in a flight attendant's discrimination suit, but tweaked a May panel ruling to instruct a trial court to impose "narrowly tailored" sanctions.

  • October 16, 2025

    Saul Ewing Asks For End To Ex-Conrail CEO's Legal Mal Suit

    Following a federal court decision upholding an $11 million arbitration award against former Conrail CEO David LeVan that stemmed from a failed Gettysburg casino project, Saul Ewing has urged a Philadelphia judge to find that LeVan is time-barred from bringing his malpractice case against the firm, in which he accused it of poorly advising him during the fallout of the collapsed deal.

  • October 16, 2025

    Music Giants Say Cox Case Isn't About Grandma Losing Wi-Fi

    Leading music publishers have urged the U.S. Supreme Court to affirm that internet service providers can be contributorily liable for their customers' piracy if they fail to take action, saying a jury verdict against Cox Communications that led to a $1 billion award showed that the company "made a deliberate and egregious decision" to put profits first.

  • October 15, 2025

    Vought Aims To Close CFPB Within '2 Or 3 Months'

    White House budget chief Russell Vought said Wednesday that he wants to shutter the Consumer Financial Protection Bureau and expects to succeed in the next few months, despite the Trump administration's claims in court that the agency is just being downsized.

  • October 15, 2025

    Meta Likely Can't Nix Users' Claims It Profited Off Hackers

    A California federal judge said Wednesday that he's not inclined to grant Meta's request to toss a putative class action claiming the company lets hackers take control of Facebook accounts while it still profits from users' data, but said he'd trim a "plausible" breach of contract claim with leave to amend.

  • October 15, 2025

    5th Circ. Upholds Bargaining Order Against Nexstar

    A Fifth Circuit panel affirmed a bargaining order issued by the National Labor Relations Board against Nexstar on Wednesday, rejecting the media company's attempt to shed an obligation to negotiate with a newly installed Communications Workers of America affiliate at two of its Denver television stations.

  • October 15, 2025

    Cybersecurity Co. F5 Says Hackers Infiltrated Its Systems

    Cybersecurity company F5 Inc. revealed Wednesday that hackers had crept into its systems and maintained long-term access to certain platforms, and that the breach has been contained, an infiltration that comes amid similar attacks on the legal and technology sectors by hackers with suspected ties to foreign governments.

  • October 15, 2025

    JPMorgan Dinged By Judge For Raising Arbitration Issue Late

    A Washington federal judge hinted on Wednesday that she's likely to stand by her past decision spurning JPMorgan Chase's attempt to force arbitration of a customer's racial discrimination claims, suggesting the bank lost its chance to make the points it's now relying on to persuade the court to reconsider.

  • October 15, 2025

    Parents Urge 9th Circ. To Reject Meta's Section 230 Appeal

    Parents and school districts are urging the Ninth Circuit to reject Meta Platforms Inc.'s bid for immunity under Section 230 of the Communications Decency Act, saying the company behind Facebook and Instagram can't use the measure for vaguely defined publishing-related activity.

  • October 15, 2025

    Proposed Bill Could Stall NFL Bears' Suburban Stadium Plan

    A member of the Illinois General Assembly has introduced a bill that could delay the Chicago Bears' efforts to build a stadium in the suburbs by requiring a 30-day window to review any proposed state or local agreements on new or renovated pro sports stadiums.

  • October 15, 2025

    BofA, BNY Mellon Accused Of Enabling Epstein's Crimes

    Bank of America and the Bank of New York Mellon Corp. are the latest banks accused of enabling Jeffrey Epstein's sex trafficking enterprise and failing to timely report the late sex offender's suspicious transactions, according to a pair of proposed class actions filed Wednesday in New York federal court.

  • October 15, 2025

    Chancery 'Rewrote' $3.4B Merger Deal, J&J Tells Del. Justices

    Johnson & Johnson told the Delaware Supreme Court on Wednesday that the Chancery Court "rewrote" its $3.4 billion agreement for the acquisition of surgical robotics firm Auris Health, wrongly using the implied covenant of good faith and fair dealing to impose obligations the company never accepted.

  • October 15, 2025

    Judge Sinks Youths' Suit Challenging Trump Energy Orders

    A Montana federal judge on Wednesday dismissed a suit by youths seeking to undo President Donald Trump's energy-related emergency orders, saying that it's beyond the power of federal courts to dictate U.S. environmental and energy policy.

  • October 15, 2025

    Wash. Judge Rejects Consulting Co.'s $295K Deal In OT Suit

    A Washington federal judge refused to approve a $295,000 settlement in a proposed collective action accusing a consulting company of not paying workers overtime, finding no "bona fide dispute" existed over whether the company was required to pay overtime rates and that the deal would improperly waive workers' rights.

  • October 15, 2025

    Tax Court Says Easement Fraud Penalties Don't Require Jury

    The U.S. Tax Court refused to throw out civil fraud penalties faced by a partnership accused of overvaluing a conservation easement tax deduction, rejecting the partnership's reliance on a U.S. Supreme Court ruling that limited federal agencies' authority to impose certain penalties without a jury trial.

  • October 15, 2025

    Hertz Must Face Investors' Claims Over EV Statements

    Car rental giant Hertz Global Holdings Inc. can't completely shed securities fraud claims over its statements that it was seeing strong demand for electric cars that artificially boosted stock prices, a Florida federal judge has ruled, while also dismissing other claims in the proposed class action.

Expert Analysis

  • Litigation Inspiration: How To Respond After A Loss

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    Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.

  • Tips For Cos. From California Climate Reporting FAQ

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    New guidance from the California Air Resources Board on how businesses must implement the state's sweeping climate reporting requirements should help companies assess their exposure, understand their disclosure obligations and begin documenting good-faith compliance efforts, says Thierry Montoya at Frost Brown.

  • New Interpol Silver Notice Could Be Tool For Justice Or Abuse

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    Interpol has issued dozens of Silver Notices to trace and recover assets linked to criminal activity since January, and though the tool may disrupt organized crime and terrorist financing, attorneys must protect against the potential for corrupt misuse, say attorneys at Clark Hill and Arktouros.

  • How NJ's Proposed Privacy Rules Could Reshape AI Data Use

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    Although not revolutionary, New Jersey's proposed privacy rules would create obligations around the management and processing of consumer personal data that will require careful planning before they can be successfully implemented, say attorneys at Norton Rose.

  • Why SEC Abandoned Microcap Convertible Debt Crackdown

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    The U.S. Securities and Exchange Commission has recently dismissed several cases targeting microcap convertible debt lenders, a significant disavowal of what was a controversial enforcement initiative under the Biden administration and a message that the new administration will focus on clear fraud, say attorneys at O'Melveny.

  • The Metamorphosis Of The Major Questions Doctrine

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    The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.

  • New PTAB Denial Processes Grow More And More Confusing

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    Guidance from the U.S. Patent and Trademark Office about the Patent Trial and Appeal Board's new workload management and discretionary denial processes has been murky and inconsistent, and has been further muddled by the acting director's seemingly contradictory decisions, say attorneys at Finnegan.

  • Arguing The 8th Amendment For Reduction In FCA Penalties

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    While False Claims Act decisions lack consistency in how high the judgment-to-damages ratio in such cases can be before it becomes unconstitutional, defense counsel should cite the Eighth Amendment's excessive fines clause in pre-trial settlement negotiations, and seek penalty decreases in post-judgment motions and on appeal, says Scott Grubman at Chilivis Grubman.

  • Business Takeaways Following CCPA Enforcement Actions

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    Advisories and recent enforcement activity by the California Privacy Protection Agency against Honda and Todd Snyder underscore the agency's enforcement interest in the intersection of data minimization and consumer rights, and could make it more challenging for a business to provide a streamlined consumer rights process, say attorneys at Covington.

  • Compliance Lessons From 1st-Ever Product Safety Sentences

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    A California federal judge’s recent sentencing of two former Gree USA executives in a landmark Consumer Product Safety Act case serves as a reminder of the federal government’s willingness to pursue criminal prosecution of individuals who fail to report safety hazards, as well as companies’ need to strengthen their reporting and compliance programs, say attorneys at Cooley.

  • Unpacking Enforcement Challenges Of DOJ's Bulk Data Rule

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    Now fully effective, the U.S. Department of Justice's new data security program represents the U.S.' first data localization requirement ripe for enforcement, but its implementation faces substantial practical challenges that may hinder the DOJ's ability for wide-ranging or swift action, say attorneys at Cleary.

  • 'Loss' Policy Definition Is Key For Noncash Settlements

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    A recent Delaware decision in AMC Entertainment v. XL Specialty Insurance, holding that the definition of loss includes noncash settlement payments, is important to note for policyholders considering other settlement options — like two other class actions that recently settled for vouchers, say attorneys at Reed Smith.

  • Biotech Collaborations Can Ease Uncertainty Amid FDA Shift

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    As concerns persist that the U.S. Food and Drug Administration's reduced headcount will impede developments at already-strapped biotech companies, licensing and partnership transactions can provide the necessary funding and pathways to advance innovative products, say attorneys at Troutman.

  • Series

    Playing Mah-Jongg Makes Me A Better Mediator

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    Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus.

  • Business Court Bill Furthers Texas' Pro-Corporate Strategy

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    The Texas Legislature's recent bill to enhance corporate protections and expand access to the Texas Business Court by refining its jurisdictional standards is just the latest step in the state's playbook for becoming the new center of corporate America, say attorneys at Katten.

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