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March 12, 2026
Cogent CEO's Stock Pledges Spark Derivative Suit
The CEO and board members of internet service provider Cogent Communications Holdings Inc. face shareholder derivative claims the CEO improperly collateralized his commercial real estate portfolio with his stake in the company, causing trading prices to plummet when he was forced to sell off those shares amid financial distress.
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March 12, 2026
Lack Of 'Wages Due' Vexes Pa. Justices In Damages Bid
Members of Pennsylvania's Supreme Court on Thursday seemed to doubt the ability of a debt collection firm's former CEO to sue his employer solely for punitive damages over bonuses the company eventually paid, albeit belatedly, pointing to state law that says claims can be made for "wages due" in the present tense.
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March 12, 2026
Epilepsy Drugmaker's Statements Insulated From Stock Suit
A Pennsylvania federal judge has trimmed a shareholder class action against Marinus Pharmaceuticals alleging it misled investors about the probability of success of an epilepsy drug, ruling that certain statements made by company leadership were immunized by the Private Securities Litigation Reform Act.
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March 12, 2026
PayPal Execs Hit With Derivative Suit Over 2027 Forecast
PayPal executives and directors were hit with a shareholder's derivative suit accusing them of damaging the company with comments about the strong growth trajectory for its branded checkout segment that the investor said turned out to be untrue.
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March 12, 2026
Del. Chancery Rejects Fraud Claims In $313.5M Fertilizer Deal
The Delaware Chancery Court has ruled that a group of investors failed to prove that executives and a private equity sponsor behind agricultural technology company Verdesian Life Sciences LLC defrauded them into investing in a 2014 acquisition, holding after trial that the claims were both time-barred and unsupported.
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March 12, 2026
Chancery Dissolves Litigation Funder Amid Partner Deadlock
A hedge fund manager can wind down the litigation funding operation he ran with a Florida-based personal injury attorney, the Delaware Chancery Court has ruled, finding that a falling out between the two partners did not involve any wrongdoing.
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March 12, 2026
Court Told To Keep Holtec Suit Alleging Fraud Scheme Paused
Defendants urged a New Jersey state court to reject Holtec International's bid to lift a stay holding it back from pursuing fraud claims against its former general counsel and others for allegedly embezzling more than $700,000 from the company, arguing that keeping the suit on pause will serve judicial efficiency.
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March 12, 2026
IRS Allows 15% Of KFC Parent's Domestic Production Claim
The IRS and the parent of Pizza Hut, KFC and Taco Bell agreed that the company's total deductions for domestic production activities during 2013-2015 were $1.6 million — roughly 15% of the $10.7 million the company had claimed as deductions for the three years.
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March 12, 2026
Conn. AG Says $2.4B Eversource Sale Burdens Taxpayers
Connecticut Attorney General William M. Tong has asked the state's Public Utilities Regulatory Authority to tank the proposed $2.4 billion sale of Eversource subsidiary Aquarion Co. to a new water authority created by the state Legislature, saying a recent court decision did not force PURA to approve the transaction.
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March 12, 2026
Sidley Adds Cooley Corporate And Securities Pro In San Diego
Sidley Austin LLP continues expanding its California team, bringing in another Cooley LLP lawyer — this one a corporate and securities expert — as a partner in its San Diego office.
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March 11, 2026
Intel Caved To Feds' 'Extortionary' Stock Demand, Suit Says
Intel Corp.'s board gave the federal government $11 billion worth of stock in response to the Trump administration's "extortionary threats," according to a newly unsealed lawsuit brought by a shareholder who says the board lacked authority to issue the U.S. Department of Commerce a 9.9% company stake.
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March 11, 2026
Exxon Cements Texas As Delaware's Emerging Rival
Last year, Vinson & Elkins partner Katherine Frank fielded about one call a week from companies thinking about redomiciling in Texas. Speaking to Law360 the day after ExxonMobil announced its plan to reincorporate in the Lone Star State due to its business-forward courts and policies, Frank said the callers fell into three categories.
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March 11, 2026
Judge Eyes Halkbank's No-Fine Deal To Nix Sanctions Case
A Manhattan federal judge Wednesday let prosecutors and Turkey's Halkbank move forward with a no-fine deal that will likely resolve criminal charges alleging the state-backed lender conspired to launder billions of dollars in sanctioned Iranian oil proceeds.
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March 11, 2026
Comcast, Peacock Escape Irish Co.'s Patent Suit, For Now
A Delaware federal judge on Wednesday dismissed an Irish technology company's lawsuit alleging Comcast and its subsidiaries, NBCUniversal and Peacock TV, offer video streaming and network monitoring services that infringe four of its patents, saying the complaint does not adequately allege infringement, but gave the plaintiff an opportunity to rework the suit.
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March 11, 2026
Ex-Trump Media Exec Says Deposition Should Be Shortened
Counsel for a source in a 2023 Washington Post article that described securities fraud within Truth Social's parent company implored a North Carolina federal court to shave hours off the source's deposition Wednesday, less than two days before it's scheduled.
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March 11, 2026
Meta, Google Rest In Bellwether Social Media Harm Trial
Meta Platforms and Google rested their defense Wednesday in a landmark California bellwether trial accusing their social media platforms of harming children, with the cases-in-chief ending in a somewhat anticlimactic manner as jurors were shown videotaped depositions after weeks of dramatic live testimony and attorney theatrics.
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March 11, 2026
Calif. City Must Pay Dow, PPG $6.5M Over Hidden Reports
A San Francisco judge on Wednesday ordered a California city to pay more than $6.5 million in sanctions for destroying and concealing reports in litigation against Dow Chemical and PPG Industries over dry cleaning chemicals that allegedly contaminated city sites, calling the withheld discovery an "explosive development."
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March 11, 2026
Industrial Machinery Co. Gets Contempt Finding Overturned
A Georgia trial judge went too far by holding a crushing and screening equipment maker in contempt for breaching a court order and ordering it to pay attorney fees in a distribution agreement dispute, a state appeals court ruled.
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March 11, 2026
OpenAI Wants 'Parallel' ChatGPT Murder-Suicide Suit Tossed
OpenAI has asked a California federal judge to dismiss a suit alleging ChatGPT encouraged a man to murder his mother and then commit suicide, saying the case filed by the perpetrator's estate largely mirrors a "parallel" state court action lodged earlier by the mother's estate.
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March 11, 2026
Del. High Court Upholds Pioneer Win In $60B Exxon Deal Fight
The Delaware Supreme Court on Wednesday affirmed a lower court ruling denying a union pension fund's request for additional internal communications related to the roughly $60 billion merger between Pioneer Natural Resources Co. and ExxonMobil Corp., concluding that the Delaware Chancery Court correctly rejected the stockholder's bid to obtain more emails and text messages from the company's former chief executive.
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March 11, 2026
Bayer Sees 'Light At The End Of The Tunnel' In Roundup Suits
After more than a decade and tens of thousands of cases, a recent settlement announcement and a high-stakes high court hearing may finally give the makers of the weedkiller Roundup an off-ramp in seemingly never-ending litigation.
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March 11, 2026
Investor Says JPMorgan Enabled $328M Crypto Scam
A proposed class suit filed Tuesday in California federal court accuses JPMorgan Chase Bank NA of enabling a $328 million cryptocurrency scam at Florida-based Goliath Ventures Inc.
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March 11, 2026
NHK Wants Seagate Antitrust Case Paused For High Court Bid
NHK Spring is asking the Ninth Circuit to pause an antitrust case from Seagate Technologies over the alleged fixing of hard drive component prices while the Japanese manufacturer petitions the U.S. Supreme Court for review.
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March 11, 2026
Theory Nixed But Not Claims Against Triumph In Pork Case
A Minnesota federal judge refused to rethink forcing Triumph Foods to face trial alongside other pork producers accused of price-fixing, concluding that even though one key theory was "inadequately pled," there remains enough of a dispute on another theory to go to a jury.
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March 11, 2026
Arnold & Porter Corporate Atty Rejoins Reed Smith In Miami
A former Arnold & Porter Kaye Scholer LLP partner has returned to Reed Smith LLP in its Miami office, strengthening the firm's global corporate group with experience assisting clients in India.
Expert Analysis
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Anticipating The SEC's Cybersecurity Focus After SolarWinds
While the U.S. Securities and Exchange Commission's recent voluntary dismissal of its enforcement action against SolarWinds Corp. and its chief information security officer marks a significant victory for the defendants, it does not mean the SEC is done bringing cybersecurity cases, say attorneys at MoFo.
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Limiting Worker Surveillance Risks Amid AI Regulatory Shifts
With workplace surveillance tools becoming increasingly common and a recent executive order aiming to preempt state-level artificial intelligence enforcement, companies may feel encouraged to expand AI monitoring, but the legal exposure associated with these tools remains, say attorneys at MoFo.
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How Insurers Are Wording AI Exclusions
Artificial intelligence exclusions are now available for use in insurance policies, meaning corporate risk managers must determine how those exclusions are interpreted and applied, and how they define AI, says David Kroeger at Jenner & Block.
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Traditional FCA Enforcement Surges Amid Shifting Priorities
The U.S. Department of Justice’s January report on False Claims Act enforcement in fiscal year 2025 reveals that while the administration signaled its intent to expand FCA enforcement into new areas such as tariffs, for now the greatest exposure remains in traditional areas like healthcare — in which the risk is growing, say attorneys at Debevoise.
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How 3 CFTC Letters Overhauled Digital Asset Guidance
The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.
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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.