Corporate

  • June 09, 2026

    Kalshi To Start Requiring Employer Info For Certain Markets

    Prediction market platform Kalshi Inc. announced on Tuesday that it will start requiring users to verify their employer before they can trade on certain markets, and will further implement features allowing users to directly report suspicious trading activity.

  • June 09, 2026

    Former XAI Engineer Says He Was Fired Over Safety Warnings

    A former engineer at Elon Musk's xAI claims he was fired after repeatedly raising concerns about safety, discriminatory bias and other risks associated with the artificial intelligence company's chatbot Grok, according to a lawsuit lodged Tuesday in California state court.

  • June 09, 2026

    Microsoft Looks To Ax 3D Artist's Copyright Info AI Suit

    Microsoft Corp. urged a Washington federal court to throw out a Los Angeles-based 3D artist's proposed class action under the Digital Millennium Copyright Act, saying the artist failed to allege that the company ever removed copyright information from his content or shared his copyright-protected works.

  • June 09, 2026

    DC Circ. Says PCAOB Challenger Must Reveal His Name

    The D.C. Circuit Tuesday backed a D.C. federal court's holding that a man anonymously challenging the constitutionality of the Public Company Accounting Oversight Board should be required to identify himself.

  • June 09, 2026

    Fed. Circ. Upholds $37.5M Patent Verdict Against TP-Link

    The Federal Circuit on Tuesday affirmed a $37.5 million patent infringement verdict against two companies selling TP-Link wireless network devices that were sued by patent licensing company Atlas Global Technologies LLC.

  • June 09, 2026

    SEC Flags Improper Investment Adviser Conflict Disclosures

    U.S. Securities and Exchange Commission examiners Tuesday urged investment advisers to ensure they are properly disclosing economic conflicts of interest to clients, warning that exams staff have identified undisclosed conflicts and incomplete or misleading disclosures.

  • June 09, 2026

    Investor Says Vikasa Still Owes $1.15M For Settlement

    A California investor has sued in the Delaware Chancery Court seeking to enforce a settlement with investment firm Vikasa Capital Inc., claiming the company paid only a fraction of the $1.25 million it agreed to pay to resolve claims that it fraudulently induced a $5 million investment through misrepresentations and doctored corporate records.

  • June 09, 2026

    McKesson, Rite Aid Trust Clash Over Ch. 11 Claims Transfer

    McKesson locked horns Tuesday in New Jersey bankruptcy court with a trust created by Rite Aid's first Chapter 11 plan over whether the medication supplier must hand over antitrust claims against pharmaceutical companies.

  • June 09, 2026

    DOI About-Face Stokes Yearslong Cherokee Land Rights Fight

    The United Keetoowah Band of Cherokee Indians has for years been tied up in litigation with its sister tribe, the Cherokee Nation, over land rights, healthcare and more. Now, a recently withdrawn U.S. Department of the Interior memo over rights to 2.63 acres of land is again stoking tensions.

  • June 09, 2026

    Car Co. ESOP Suit Tossed For Breaking 11th Circ. Rules

    A Florida federal judge dismissed a proposed class action against a car dealership company from ex-workers who alleged mismanagement of their employee stock ownership plan, faulting their amended complaint as a type of shotgun pleading prohibited by Eleventh Circuit rules.

  • June 09, 2026

    Meta AI Order Offers Novel Question For 9th Circ., Authors Say

    A group of 13 bestselling authors suing Meta have asked a California federal judge for permission to appeal his decision holding that it was fair for Meta Platforms Inc. to train its artificial intelligence system with their copyrighted material without consent, saying there's already been divergent rulings on the novel question.

  • June 09, 2026

    Amazon Settles Fight Over DivX Patent Ahead Of Trial

    Video technology company DivX and Amazon told a Virginia federal judge Tuesday they reached a settlement in a suit accusing Amazon of infringing an encrypted video playback patent and asked the court to stay a jury trial set for later this month.

  • June 09, 2026

    SPAR Board Hit With $22M Insider Control Suit In Chancery

    A SPAR Group Inc. stockholder has filed a derivative lawsuit in the Delaware Chancery Court accusing several current and former directors and officers of orchestrating a yearslong scheme to maintain control of the company's board, enrich insiders and approve conflicted transactions that allegedly cost the company $22 million.

  • June 09, 2026

    5 Firms Advise On Apollo-Led $35B Broadcom AI Financing

    Apollo Global Management said Tuesday it is leading a $35 billion capital commitment for a Broadcom initiative to build artificial intelligence infrastructure for companies including Anthropic and OpenAI, with Blackstone also participating.

  • June 09, 2026

    Ex-EDNY Acting US Atty Joins Akerman's White Collar Practice

    A longtime senior federal prosecutor in New York has returned to private practice as co-leader of the white collar crime and government investigations group at Akerman LLP, the firm announced Tuesday.

  • June 09, 2026

    Cognizant Settles Suit Over 401(k) Investment Management

    Cognizant Technology Solutions and former employees who claimed the information technology company saddled its 401(k) plan with poor investment options and high fees told a New Jersey federal judge that they have agreed to settle their dispute.

  • June 09, 2026

    Arby's Owner Must Face Trimmed Data Tracking Opt-Out Suit

    A California federal judge on Monday trimmed some privacy claims in a suit alleging Arby's', Jimmy John's', Dunkin's and Sonic's website cookie banners falsely promise to remove trackers but allowed the plaintiffs' fraud claims to proceed, finding it's enough for them to plead they declined cookies but were tracked anyway.

  • June 09, 2026

    NHL Team Plans Move To New Arena In Dallas Suburb

    The Plano, Texas, City Council has approved a letter of intent with the Dallas Stars on plans to build the NHL team a new arena, signaling a move from the downtown Dallas arena where they have played since 2001.

  • June 09, 2026

    2 More Sprinters Blame Puma Shoes For Career-Ending Harm

    Two track-and-field athletes say Puma's shoes caused severe injuries in a pair of lawsuits filed Tuesday in Massachusetts state court, following a similar complaint in April.

  • June 09, 2026

    Apollo SLC Opposes Bid To Oust Judge In $570M Payout Suit

    A special litigation committee of Apollo Global Management Inc.'s board is opposing a bid to disqualify a Delaware vice chancellor from presiding over litigation regarding a $570 million payout to company insiders due to a possible conflict because she previously was an attorney at Skadden Arps Slate Meagher & Flom LLP, saying there are no grounds for disqualification.

  • June 09, 2026

    Taft Amps Up Growing Denver Team With 3 Stinson Partners

    Taft Stettinius & Hollister LLP has landed its second major lateral group hire in Denver this year, with a trio of new partners joining from Stinson LLP.

  • June 09, 2026

    Ex-DOJ Antitrust Chief In Washington Joins King & Spalding

    King & Spalding LLP announced Tuesday the hiring of the former chief of the Washington criminal section of the U.S. Department of Justice's antitrust division for its business litigation practice group.

  • June 09, 2026

    House Report Says NFL Misused Sports Antitrust Exemption

    The National Football League has stretched its use of the antitrust exemption beyond what Congress intended when lawmakers created it 65 years ago, according to a new report from the House Judiciary Committee.

  • June 09, 2026

    The Law360 400: A Look At The Top 100 Firms

    The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

  • June 09, 2026

    Telecom Managers Deny $20M Fraud As Feds Float Plea Talks

    Three managers from the U.S. arm of Telekom Malaysia denied fraud and identity theft charges Tuesday in Manhattan federal court, as prosecutors who charge them with stealing $20 million from their overseas parent suggested plea talks could get underway.

Expert Analysis

  • Data Collection Push Signals New Era For Bank Compliance

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    An executive order pushing for broad bank collection of beneficiary data and a Financial Crimes Enforcement Network geographic targeting order in Minnesota should prompt financial institutions to run checks on customer diligence and privacy controls, as these directives may be part of a wider compliance shift, say attorneys at Faegre Drinker.

  • Citron Founder Verdict Tests Reach Of 'Half-Truth' Fraud

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    A California federal jury's conviction this week of Citron founder Andrew Left may be remembered less as a conventional manipulation prosecution than as a case about how far the "half-truth" doctrine can reach when applied to modern market speech, says Elisha Kobre at Sheppard.

  • Series

    Competing At Poker Makes Me A Better Lawyer

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    Playing poker in male-dominated rooms taught me to treat skepticism as background noise when my opponents seem to underestimate me, to apply pressure when it matters and to adapt without losing strategic discipline — skills that are all indispensable in restructuring and insolvency matters, says Alexis Gambale at Pashman Stein.

  • FTC Sweep Signals Increased 'Made In USA' Claim Scrutiny

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    After the Federal Trade Commission's recent enforcement sweep targeting allegedly deceptive "Made in USA" claims, companies should expect continued scrutiny of both traditional and digital marketing channels, coupled with sustained focus on supply chain transparency and claim substantiation, say attorneys at Morgan Lewis.

  • Revisiting TransUnion's Underused Standing Rule, 5 Years On

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    The Ninth Circuit Court of Appeals' recent use of the U.S. Supreme Court’s now five-year-old TransUnion v. Ramirez rule specifying that the "mere risk of future harm" isn't concrete enough to support a damages claim presents an opportunity to revisit this underutilized standing rule, say attorneys at Horvitz & Levy.

  • 5 Things Associates Must Ask About Their Firm's Merger Plan

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    The associates who navigate law firm mergers best ask the right questions early, such as inquiring about partners' plans, to assess how the merger could affect their workflow and career path, says Jackie Bokser-LeFebvre at Major Lindsey.

  • Turning To The Courts When PBM Reform Falls Short

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    The effectiveness of state laws intended to regulate pharmacy benefit managers remains uncertain, but litigation — utilizing tried-and-true theories like breach of contract and fair dealing — offers another mechanism through which stakeholders may seek relief from PBMs, say attorneys at Reed Smith.

  • 2 'Rocket Dockets' And The Rules That Propel Them

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    The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them ahead, says Robert Tata at Hunton.

  • Operational AI Washing: Dismantling Claims Before Discovery

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    Operational AI washing claims can be rebuffed before discovery extracts their true costs by turning the documentary record established in earnings calls and public disclosures into a layered defense, which can exploit the Private Securities Litigation Reform Act’s heightened pleading standards, say attorneys at Akerman.

  • Opinion

    Attys Should Aid Clients' AI Use While Safeguarding Privilege

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    Until legislatures enact laws expressly extending privilege to artificial intelligence queries, lawyers should try to shield their clients' case-related use of AI tools by offering them dedicated access on firms' enterprise accounts and utilizing a long-standing privilege precedent, says Joseph Rillotta at Meadows Collier.

  • What End Of SEC Settlement Gag Rule Means For Defendants

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    The U.S. Securities and Exchange Commission's recent rescinding of its gag rule prohibiting defendants from publicly denying allegations in settled SEC enforcement actions actually heightens the need to think strategically when negotiating resolutions and pursuing public denials of wrongdoing, say attorneys at Cleary.

  • SEC's Co-Investment Relief Broadens Private Market Access

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    The U.S. Securities and Exchange Commission's recent no-action letter to J.P. Morgan Investment Management permits open-end funds to co-invest with affiliates, removing a long-standing barrier open-end fund sponsors have faced in sourcing private market investments at scale, say attorneys at Debevoise.

  • Your Next Litigation Hold Should Cover AI Chat Logs

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    The Delaware Chancery Court’s recent decision in Fortis Advisors v. Krafton to treat a CEO’s artificial intelligence chats as substantive evidence is being read as a discovery warning to litigators, but there is a second duty-to-preserve lesson that is especially pertinent to in-house counsel, say attorneys at Faegre Drinker.

  • Musk-OpenAI Verdict Shows Value Of Early-Stage Governance

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    A California federal court's ruling last week in Musk v. Altman preserves the status quo at OpenAI, but signals to the technology industry at large that courts will not relitigate the governance decisions of early-stage organizations on a founder's competitive timetable, surfacing questions that will outlast the litigation, says attorney Alan N. Walter.

  • Series

    Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

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