Corporate

  • June 11, 2026

    Robinhood Accused Of Tricking Users Into Illegal Betting

    Robinhood purportedly tricks consumers into illegally gambling by disguising its event contracts as a "modern, sophisticated form of investing" when, in reality, the contracts are just plain old-fashioned sports betting that is unregulated and in violation of state gambling laws, a new lawsuit alleges in California federal court.

  • June 11, 2026

    Chancery Backs 'War Dogs' Figure's Lender In Mortgage Fight

    The Delaware Chancery Court has ruled that a lender was entitled to place disputed second mortgages on dozens of apartment properties controlled by a real estate investor, rejecting claims that the liens were invalid and entering judgment for the lender after a trial.

  • June 11, 2026

    3rd Circ. Asks How Legal Tech AI Tool Differed From Westlaw

    A Third Circuit panel grilled ROSS Intelligence's attorney Thursday over whether the defunct legal tech startup's use of Westlaw headnotes to train an artificial intelligence-powered legal research tool was truly transformative, repeatedly asking counsel to explain how the product differed from Westlaw.

  • June 11, 2026

    Ex-Moelis Banker Avoids Prison After US Trip To Admit Guilt

    A Manhattan federal judge allowed a former Moelis & Co. investment banker to avoid prison Thursday after he voluntarily traveled to the United States to cop to his role in a large insider trading conspiracy that profited from stolen merger secrets.

  • June 11, 2026

    B. Riley Buyout Suit Nears $4.35M Settlement

    A proposed $4.35 million settlement would end a Delaware Chancery Court stockholder suit accusing former National Holdings Corp. Chairman and CEO Michael Mullen of breaching his fiduciary duties in connection with the company's 2021 sale to B. Riley Financial Inc., according to papers filed Wednesday.

  • June 11, 2026

    S&P Accused Of Inflating Credit Ratings Ahead Of 2008 Crash

    S&P knowingly generated artificially high credit ratings for risky securities to win business before the 2008 financial crisis, an investment company that acquired claims from several Bear Stearns funds alleged in a new court claim.

  • June 11, 2026

    Justices Curb Private Lawsuits Against Investment Funds

    The U.S. Supreme Court on Thursday said that private parties do not have the right to void contracts that allegedly violate the Investment Company Act absent some other legal dispute, issuing a ruling that limits the types of lawsuits that can be brought under the ICA.

  • June 10, 2026

    Meta, YouTube Lose Bid To Void $6M Addiction Verdict

    Meta Platforms Inc. and Google cannot overturn a landmark verdict finding them liable for harming the mental health of a young woman who says she became addicted to their social media platforms as a child, a Los Angeles judge has ruled.

  • June 10, 2026

    Catalyst Investor Sues Over Proposed $4.1B Angelini Buyout

    An investor of rare disease treatment company Catalyst Pharmaceuticals Inc. is attempting to stop a buyout by Italian rival Angelini Pharma SpA, saying Catalyst's deficient proxy statement omits relevant information regarding potential conflicts in the proposed transaction.

  • June 10, 2026

    Accenture Pushes For Arbitration In WhatsApp Privacy Suit

    Irish technology consulting company Accenture PLC on Tuesday pressed a California federal judge to nix proposed class claims brought by WhatsApp users alleging privacy violations or send the matter to arbitration, as the users said that they will fight to at least keep certain state law claims in court.

  • June 10, 2026

    Gemini Wants In On CFTC's Prediction Market Battle With NY

    Gemini on Wednesday took steps to join the Commodity Futures Trading Commission's prediction market battle with New York regulators, seeking to back the agency's jurisdiction as the platform fends off a separate New York enforcement suit targeting certain sports and election markets as illegal gambling.

  • June 10, 2026

    One And Done? Patent Examiner Interviews Now Hard To Get

    In the months since the U.S. Patent and Trademark Office changed how patent examiners are credited for applicant interviews, which can be the difference between prosecution stalemates and progress, attorneys say the interviews are getting harder to come by — and they've changed tactics as a result.

  • June 10, 2026

    Trump Picks Bank Exec, Ex-BigLaw Partner For CFPB Director

    President Donald Trump on Wednesday tapped former BigLaw partner Brian Johnson for director of the Consumer Financial Protection Bureau, a move that comes as White House Office of Management and Budget Director Russell Vought's time as interim head of the agency approaches its expiration date.

  • June 10, 2026

    4 Key Questions Surrounding US Forced Labor Tariff Rates

    New proposed U.S. tariffs meant to address goods tied to forced labor are likely to create new administrative burdens for importers, from new compliance hurdles domestically to the potential for retaliatory measures by trading partners on U.S. goods shipped abroad, attorneys told Law360.

  • June 10, 2026

    NHK Says Seagate Antitrust Revival 'Cries Out' For Justices

    NHK Spring wants the U.S. Supreme Court to take on a Ninth Circuit decision reviving Seagate Technology LLC's hard drive component price-fixing lawsuit, arguing that U.S. antitrust law cannot touch overseas sales whose only American connection is their partial negotiation in the country.

  • June 10, 2026

    Elliott, Stronghold Clash Over Oil And Gas Asset Wind-Down

    Elliott Investment Management LP and Stronghold Resource Partners urged the Delaware Supreme Court on Tuesday to adopt competing readings of a settlement agreement governing the wind-down of an oil and gas investment fund, with each side saying the contract's language supports a different path for liquidating the fund's remaining holdings.

  • June 10, 2026

    J&J Hit With $32M Verdict In LA Baby Powder Cancer Trial

    A Los Angeles jury Tuesday awarded $32 million to the family of a woman who died of mesothelioma and who said she used Johnson's Baby Powder on herself and her children for decades, finding the product was a substantial factor in causing her illness. 

  • June 10, 2026

    NJ Hospital Says Ex-CEO's Inaction At Event Supported Firing

    A New Jersey hospital urged a Garden State federal court to reject a bid from its former CEO for a finding that the hospital breached his employment agreement when it fired him over a topless art exhibit at a fundraising event, arguing that the ex-CEO has misinterpreted its sexual harassment policy.

  • June 10, 2026

    IP Notebook: Cox's Reach, 'Top Gun' Appeal, 'Lazy' Videos

    This round of Law360's review of emerging copyright and trademark issues looks at the ripple effects from the U.S. Supreme Court's ruling on secondary copyright liability and highlights looming high court bids over "Top Gun" and Roberto Clemente's likeness on commemorative license plates.

  • June 10, 2026

    Container Cos. Sued For Alleged Price-Fixing Scheme

    Shipping container buyers filed a proposed class action over an alleged conspiracy among the world's largest container manufacturers to limit production and raise prices during the COVID-19 pandemic, on the heels of a criminal indictment last month.

  • June 10, 2026

    Electric Co-Op Says Texas Is Wrong Venue For $120M Suit

    An electric cooperative told a federal court that Texas is the wrong place for an infrastructure company to pursue claims that it backed out of a contract after the infrastructure company had already racked up $120 million in costs, saying the work took place in North Dakota.

  • June 10, 2026

    Warren Asks SEC To Delay SpaceX IPO Over 'Troubling' Risks

    U.S. Sen. Elizabeth Warren called on the U.S. Securities and Exchange Commission to delay SpaceX's anticipated $75 billion initial public offering until steps are taken to protect investors and market integrity, expressing concerns that the company's books contain "troubling gaps," and the IPO poses "unique and precedent-setting" risk.

  • June 10, 2026

    Acadia Pharma Must Face Investors' Drug Approval Claims

    Acadia Pharmaceuticals must face investors' class action claims it misstated the likelihood that it would get regulatory approval to market its psychosis drug pimavanserin for expanded use, a California federal judge determined, finding a key question about a regulator's directions should be decided by a jury.

  • June 10, 2026

    Zillow-Redfin Noncompete Deal Sank Stock, Investor Claims

    A proposed class of Zillow Group Inc. shareholders accused the property listings company of making an anticompetitive noncompete agreement with rival Redfin Corp., which caused the federal government to file an antitrust suit and Zillow's common stock value to drop.

  • June 10, 2026

    Disney Imagineering, Staffing Firm Settle IT Worker's OT Suit

    A former IT project manager, Walt Disney's theme park design arm and a staffing firm have agreed to resolve the worker's lawsuit alleging the companies failed to pay him overtime wages, according to a mediation report filed in Florida federal court.

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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