Corporate

  • May 28, 2026

    Ex-Reebok CEO Says Biotech Investor Suit Was Shakedown

    Former Reebok CEO and billionaire philanthropist Paul Fireman said a "baseless" shareholder lawsuit against him and a biotech company he later sold to Janssen Pharmaceuticals Inc. for $85 million was an effort to get him to "cave" to demands for more money, according to a complaint filed in Massachusetts state court Wednesday.

  • May 28, 2026

    Split Fed. Circ. Says $452M Trade Secret Case Was Untimely

    A split Federal Circuit panel on Thursday erased Insulet Corp.'s trade secret victory against EOFlow Co. Ltd., holding that the medical device maker filed its claims too late and reversing a $452 million jury verdict that was later reduced to $59.4 million.

  • May 28, 2026

    Spirit Seeks Bonuses To Keep Top Brass Through Wind-Down

    Spirit Airlines has asked a New York bankruptcy judge to approve an incentive program aimed at keeping its CEO, general counsel and vice president of special projects employed while the carrier winds down.

  • May 28, 2026

    6th Circ. Nixes Aircraft Co.'s $39M Excise Tax

    A fractional jet company is not liable for a $39 million air transportation excise tax because the levy applies only to its usage charges for each flight, not the fixed costs for management and operations, the Sixth Circuit ruled.

  • May 28, 2026

    Justices Say 'Last-Mile' Drivers Can Skip Arbitration

    An exemption to federal arbitration requirements for workers engaged in interstate commerce can extend to what are known as last-mile drivers who locally deliver goods that travel interstate, the U.S. Supreme Court held Thursday, resolving an issue that lingered after previous high court decisions.

  • May 27, 2026

    Google Worker Charged With $1.2M Polymarket Insider Fraud

    A Google software engineer faces charges that he made more than $1.2 million by placing insider bets on Polymarket using the search giant's confidential data, and then tried to conceal his proceeds and actions, according to criminal and civil complaints unveiled Wednesday in New York federal court.

  • May 27, 2026

    CFTC Agrees To Abandon Biden-Era Gemini Crypto Settlement

    The U.S. Commodity Futures Trading Commission and the Winklevoss-owned crypto exchange Gemini have asked a New York federal court to vacate a $5 million settlement ending allegations that Gemini misrepresented a bitcoin futures contract, telling the court that the agency now believes its complaint shouldn't have been filed.

  • May 27, 2026

    Meta To Head To Aug. Advisory Trial In States' Addiction MDL

    A California federal judge laid out plans during a hearing Wednesday to empanel an eight-member advisory jury panel in August to help her decide claims from state attorneys general against Meta Platforms Inc. in multidistrict social-media-addiction litigation, while expressing concerns that the states haven't disclosed their specific damages demands yet.

  • May 27, 2026

    Ex-Doximity Exec Gets 2 Years For Insider Trading Scheme

    The former chief revenue officer of medical professional networking platform Doximity Inc. has been sentenced by a New York federal judge to just over two years in prison for securities fraud related to his trading on inside information before the company's earnings calls, prosecutors announced Wednesday.

  • May 27, 2026

    9th Circ. Says Alaska Can Release ConocoPhillips Well Data

    The Ninth Circuit on Wednesday reversed a lower court's ruling that kept ConocoPhillips' Alaskan well data confidential, saying in a published opinion that federal law and regulations did not preempt an Alaska statute requiring the data's release.

  • May 27, 2026

    NY Firms Lose Lead Role In Starbucks Shareholder Suit

    A Washington federal judge struck an earlier order granting co-lead roles to two New York law firms in a consolidated shareholder action against Starbucks Corp., handing a win Wednesday to two plaintiffs who'd challenged the appointment and said their own counsel would be better suited for the job.

  • May 27, 2026

    Bumble Bee Beats Injunctive Relief Claim In Forced Labor Suit

    A California federal judge nixed Indonesian villagers' requests to have Bumble Bee Foods change its practices stemming from their suit claiming it benefited from forced labor, ruling Wednesday the plaintiffs lacked standing since they don't say they're currently working as fishers or that the alleged practices prevented them from working as fishers.

  • May 27, 2026

    Lady Gaga Case Saves Swift's 'Showgirl' Use, Judge Told

    An attorney for a Las Vegas performer asked a California federal judge Wednesday to block Taylor Swift from using "The Life of a Showgirl" as their trademark infringement case plays out, while Swift's attorney said the case is on "all fours" with a similar dispute that went in Lady Gaga's favor.

  • May 27, 2026

    Pharmacies Beat Fla. Hospitals' Opioids Suit

    A Florida state judge has handed Walmart, Walgreens and CVS a win in a fight with hospitals over treatment of opioid-addicted patients, finding the hospitals cannot recover damages under state racketeering law because their injuries are indirect.

  • May 27, 2026

    Exxon Investors Approve Legal Move To Texas

    Exxon Mobil Corp. shareholders on Wednesday gave a thumbs-up to the company's proposal to move its legal home to Texas, voting in favor of the proposal despite pushback from proxy advisory firms.

  • May 27, 2026

    Del. Judge Upholds Voting By Corporations In Local Elections

    The Delaware Superior Court has ruled that corporations, trusts, limited liability companies and other artificial entities may legally vote in municipal elections in the town of Fenwick Island, rejecting a constitutional challenge brought by the American Civil Liberties Union of Delaware over what it called unlawful "vote dilution."

  • May 27, 2026

    IRS Asked To Quickly Release Fuel Credit Emissions Model

    Energy companies and farm representatives urged the IRS on Wednesday to expedite the release of an updated greenhouse gas emissions model reflecting the 2025 budget law's changes, saying the guidance is needed to determine eligibility for and calculate the clean fuel production tax credit.

  • May 27, 2026

    Live Nation Wants AGs' Discovery To Wait On New Trial Bid

    Live Nation has told a New York federal judge that its bids for a new trial or judgment in its favor should go before state attorneys general to get discovery as they seek the forced divestiture of Ticketmaster to address the live music giant's monopoly.

  • May 27, 2026

    Investor Accuses FNB Of Forcing Pittsburgh Tower Takeover

    An investor in Pittsburgh's FNB Financial Center claims in a lawsuit filed in Pennsylvania state court that the new tower's namesake tenant sabotaged filling out the office space and suppressed rent revenue in order to keep a $28 million loan from converting to equity, and using that loan to buy out the other investors.

  • May 27, 2026

    Trump's China Visit Reveals Signs Of Continued Trade Truce

    Signals from President Donald Trump's visit to China indicate an ongoing trade truce with the U.S. may continue, though concrete details on tariff reductions and policy changes were largely absent from the meetings.

  • May 27, 2026

    AeroVironment Faces Class Action Over Space Force Contract

    Defense contractor AeroVironment is facing a proposed investor class action accusing several of its executives of misleading shareholders about the outlook for a major U.S. Space Force satellite communications modernization program.

  • May 27, 2026

    Brownstein Hyatt Faces DQ Bid In Sports Betting Biz Fight

    A sports-betting executive suing her former employer for defamation and contract breach is looking to oust the company's Brownstein Hyatt Farber Schreck LLP attorneys, telling a Nevada federal judge that the firm's prior work for her creates a conflict.

  • May 27, 2026

    M&A Lawyer Joins Wilson Sonsini In NY From Weil

    A career Weil Gotshal & Manges LLP attorney has moved to Wilson Sonsini Goodrich & Rosati as a mergers and acquisitions partner in New York, the latter firm announced Wednesday.

  • May 27, 2026

    Tennis Body Says WTA Retaliated After Expulsion Bid Blocked

    The International Tennis Federation has broadened its legal fight against the Women's Tennis Association, claiming that it was hit with an "exorbitant" fee after a New York federal judge blocked the WTA's effort to oust the ITF from its board.

  • May 26, 2026

    Bridge Stockholders Say They Were Stiffed In Apollo Deal

    A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders.

Expert Analysis

  • Improving Well-Being In Law, 10 Years After Landmark Study

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    An important 2016 study revealed significant substance abuse and mental health issues among lawyers, and while the findings helped normalize the conversation around these topics, a decade later, structural change is still needed, says Denise Robinson at PLI.

  • How To Gear Up For Trump's Pharma Tariffs

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    President Donald Trump's proclamation establishing tariffs on certain pharmaceutical products holds a few areas of ambiguity that companies should review and prepare for before the tariffs come into effect later this year, say attorneys at Arnold & Porter.

  • Mapping Bank Exec Clawback Risk Ahead Of Revived Bill

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    The reintroduction of the Failed Bank Executives Clawback Act would allow recovery of executive compensation after bank failures, making it important for executives and counsel to take steps such as mapping compensation, reviewing employment agreements, documenting decisions, and confirming D&O insurance, says Drew Jones at Diamond McCarthy.

  • Structuring Internal Investigations For DOJ Disclosure Credit

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    Because the Justice Department’s new enforcement program requires cooperating companies to demonstrate they have conducted high-quality investigations before they can receive the benefits of self-disclosing misconduct, it is more important than ever to build independence into internal investigations from the outset, says Adesola Makoko.

  • 8 Reasons To Consider Maryland As A 'DExit' Option

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    While Nevada and Texas have garnered the most attention as alternative states of incorporation for companies considering leaving Delaware, Maryland offers considerable benefits too, including a predictable statutory framework, robust anti-takeover protections, sophisticated business courts with decades of experience, and more, say attorneys at Miles & Stockbridge.

  • Initial Virginia AG Actions Signal Focus On Multistate Efforts

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    Now that Virginia Attorney General Jay Jones has reached the 100-day mark in office, his first set of actions reveals a clear preference for coalition with regional and national counterparts, which means the primary risk for businesses is no longer just the fact of enforcement, but the speed at which investigations can escalate, says Lauren Cooper at Hogan Lovells.

  • Mapping Philly US Atty's White Collar Enforcement Push

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    Attorneys at Blank Rome discuss the U.S. Attorney for the Eastern District of Pennsylvania David Metcalf’s commitments and priorities, survey early results from his first year, and suggest practical action items for companies operating under the office's jurisdiction.

  • Opinion

    Exxon's Retail Voting Program Is A Trap For Retail Investors

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    The U.S. Securities and Exchange Commission approved Exxon Mobil's first-of-its-kind proxy voting program last September, but ahead of the company's annual shareholder meeting next month, it's clear that retail shareholders have delegated their voice to the entity their vote exists to check, says Christina Sautter at Southern Methodist University.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

  • DOJ's Superseding Policy Muddies Trade Crime Disclosures

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    The U.S. Department of Justice’s first agencywide voluntary self-disclosure policy is intended to standardize approaches across DOJ components, but the shift may prove difficult in trade controls cases under the National Security Division, which has long viewed sanctions and export control offenses as uniquely serious, say attorneys at Covington.

  • Opinion

    New Legislation May Be Necessary To Fix Flawed Cox Ruling

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    The U.S. Supreme Court's opinion in Cox v. Sony erroneously limited the doctrine of contributory copyright infringement and effectively eliminated such liability for internet service providers, and the most viable option to remedy the damage is to codify the pre-Cox common law of contributory copyright infringement, says Michael Cicero at Mavacy.

  • SEC's Enforcement Slowdown May Raise Oversight Questions

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    After six months of enforcement activity, it's clear that fiscal year 2026 will see an unprecedented decline in U.S. Securities and Exchange Commission enforcement activity relative to past years, but whether the SEC will be viewed as sufficiently policing the securities markets at the end of the fiscal year is more uncertain, say attorneys at Covington.

  • What We Did And Didn't Learn From DOJ's 1st Illegal DEI Deal

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    IBM's recent $17 million deal with the U.S. Department of Justice marks the first resolved False Claims Act enforcement action under the Civil Rights Fraud Initiative, and while it validates the core of the government's FCA antidiscrimination enforcement road map, it leaves its most aggressive theories untested, say attorneys at Nutter.

  • What To Expect From The SEC's New SOX Group

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    In a potential shift away from Public Company Accounting Oversight Board enforcement, the U.S. Securities and Exchange Commission's formation of a new group to investigate and litigate potential violations of the Sarbanes-Oxley Act brings both risks and benefits for auditors, say attorneys at King & Spalding.

  • GHG Endangerment Finding Repeal Brings New Legal Risks

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    The U.S. Environmental Protection Agency's 2009 determination that greenhouse gases endanger public health and welfare anchored a matrix of regulation across multiple sectors — and the recent repeal of that finding has fundamentally destabilized the legal landscape governing industrial emissions, corporate liability and climate-related risk management, says Tanya Nesbitt at Thompson Hine.

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