A Second Circuit panel Tuesday seemed leery of RTX Corp. investors' bid to revive allegations that the aerospace manufacturer violated securities laws by concealing an aircraft engine defect, with several judges pointing out how the complaint seemed to lack allegations that executives knew different disclosures were necessary.
A Second Circuit panel Tuesday seemed leery of RTX Corp. investors' bid to revive allegations that the aerospace manufacturer violated securities laws by concealing an aircraft engine defect, with several judges pointing out how the complaint seemed to lack allegations that executives knew different disclosures were necessary.
The U.S. Government Accountability Office said a U.S. Department of Defense agency should reevaluate proposals for a mobile application helping servicemembers develop their academic skills, finding the awardee's proposal failed to address an offline access requirement.
The U.S. Small Business Administration said it has inked a new deal with the U.S. Department of Defense that will help small businesses operating within the defense industrial base to access additional capital.
The Federal Communications Commission has granted petitions from 14 telecommunications companies asking for extensions to finish projects to "rip and replace" foreign-produced network equipment the agency deems untrustworthy.
Federal prosecutors have arrested and charged a former OpenAI product team engineer in California federal court on allegations he hid a secret recording device inside toilet paper behind a TV in an executive conference room in order to capture confidential communications about the ChatGPT-maker's artificial intelligence technology.
The U.S. International Trade Commission announced it will investigate claims made by Vicor Corp. that several rivals are importing patent-infringing power delivery systems typically used in high-performance computing such as artificial intelligence, setting up possible import exclusions.
A Chubb unit told a Texas federal court Tuesday that a pollution exclusion bars coverage to GKN Aerospace Transparency Systems Inc. for underlying lawsuits and a civil investigation stemming from the overheating of a storage tank in California that led to toxic emissions and the evacuation of thousands of residents.
The Navy reasonably awarded a sole source contract to a qualified submarine escape suit manufacturer in an attempt to keep that company from exiting the market, the U.S. Government Accountability Office said, denying a protest an incumbent supplier lodged over the deal.
A nonprofit government watchdog on Wednesday asked the State Bar of California to investigate whether the new White House press secretary has claimed to be an attorney without being licensed to practice law.
A former BigLaw associate accused of insider trading is seeking records from ex-employers Sidley Austin LLP, Latham & Watkins LLP and Goodwin Procter LLP to help fight charges that he tipped others about nonpublic deals the firms were working on.
Quinn Emanuel Urquhart & Sullivan LLP is urging a California federal court to order an entrepreneur to arbitrate malpractice claims stemming from the firm's representation of her in a sexual harassment claim against a technology investor as it seeks to collect more than $1.7 million in unpaid fees.
A Baker Botts LLP patent attorney has moved for almost $3.4 million in attorney fees and expenses in a defamation suit an inventor brought against her that was dismissed.
A New Jersey state court dismissed an adult daycare company's suit against Fox Rothschild LLP and one of its attorneys related to their prosecution of a fraudulent loan lawsuit that led to a $65,000 sanction against the firm, according to a court order.
American businessman John Textor has filed a legal malpractice suit in Florida against DLA Piper over the firm's representation in connection with an investment vehicle he created to acquire soccer clubs in the United Kingdom and other countries, claiming his damages could exceed hundreds of millions of dollars.
