2nd Circ. Seems Doubtful Of RTX Corp. Investors' Appeal

By Kellie Mejdrich

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.

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GAO Sustains Protest Over DOD Skills Training Contract

By Ganesh Setty

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.

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DOD, SBA Ink Small Biz. Industrial Base Agreement

By Ganesh Setty

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.

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FCC OKs 14 More 'Rip And Replace' Extensions

By Aneeta Mathur-Ashton

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.

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Ex-OpenAI Engineer Charged With Bugging Conference Room

By Dorothy Atkins

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.

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ITC Probing Vicor Rivals For AI Power System Infringement

By Jack McLoone

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.

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GKN Isn't Covered For Toxic Chemical Emergency, Court Told

By Danielle Ferguson

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.  

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GAO Refuses To Sink Non-Competitive Navy Award

By Tom Lotshaw

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.

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Nelson Mullins Sued In SC Over October Data Breach

By Jake Maher

Nelson Mullins Riley & Scarborough LLP has been hit with a proposed class action in South Carolina federal court over a data breach that took place in early October.

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Justices Won't Eye 'Weaponized' Sanctions Of Election Attys

By Jeff Overley

Despite outrage among Ninth Circuit conservatives, the U.S. Supreme Court declined Tuesday to scrutinize six-figure sanctions of lawyers who challenged Arizona election protocols, leaving intact discipline designed to "send a message."

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Reddit Fights Proskauer's 'Hot Potato' AI Client Bid In IP Suit

By Dorothy Atkins

Reddit Inc. has urged a New York federal judge to block its former law firm Proskauer Rose from defending Perplexity AI in Reddit's suit over alleged data scraping used to train artificial intelligence models, arguing the firm can't represent Perplexity after dropping Reddit as a client like ‌a "hot potato."

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Pa. Firm Can't Toss Uber's RICO Claims Over Insurer Payouts

By Linda Chiem

A Pennsylvania federal judge allowed Uber to pursue Racketeer Influenced and Corrupt Organizations Act claims alleging a Philadelphia personal injury firm schemed with healthcare providers to fabricate medical records and inflate accident claims involving Uber and FedEx drivers, saying Uber doesn't lose standing just because its insurer paid its legal fees in underlying litigation.

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DOJ Cites Privacy Concerns In Rejecting NM Epstein Files Bid

By Courtney Bublé

The U.S. Department of Justice has rebuffed the state of New Mexico's request for the unredacted Jeffrey Epstein files for its investigation into possible crimes at Epstein's Zorro Ranch, saying it would hinder law enforcement operations.

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Case Dropped Against Judge Accused Of Endorsing Violence

By Madison Arnold

Ethics charges against a Florida state court judge in Jacksonville alleging he made comments appearing to endorse violence, convey bias and demean individuals during several proceedings last year have been dropped.

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What The Justices Won't Hear: A Roundup Of Cert Denials

By Taylor Bowie

The U.S. Supreme Court declined to grant a writ of certiorari to another batch of applications Tuesday, including cases involving six-figure sanctions, wine shipment laws and overtime claims. 

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week saw stockholders challenge Nvidia Corp.'s roughly $20 billion deal with artificial intelligence chipmaker Groq Inc., Hertz Global Holdings Inc.'s electric vehicle strategy and more than $1.5 billion in Humana Inc. stock buybacks.

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