Witness testimony offered during a recent high-profile jury trial over Elon Musk's challenge to OpenAI's for-profit restructuring accused the artificial intelligence company's nonprofit board of following bad legal advice when it fired CEO Sam Altman in 2023, although experts say the incident was more likely the product of poor governance rather than lousy legal counsel.
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TOP NEWS

Analysis

OpenAI Ouster About Governance, Not Bad Counsel, Pros Say

By Dorothy Atkins

Witness testimony offered during a recent high-profile jury trial over Elon Musk's challenge to OpenAI's for-profit restructuring accused the artificial intelligence company's nonprofit board of following bad legal advice when it fired CEO Sam Altman in 2023, although experts say the incident was more likely the product of poor governance rather than lousy legal counsel.

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Del. Jury Awards AI Co. $23M In Trade Secret Case

By Adam Lidgett

A Delaware state jury has awarded artificial intelligence software developer C3.ai $23.3 million in its suit accusing engine manufacturer Cummins Inc. of misappropriating its trade secrets.

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Discover Card 'Misclassification' Deal Worth Up To $1.2B OK'd

By Hailey Konnath

An Illinois federal judge Wednesday gave the final green light to a settlement under which Discover Financial Services will pay between $540 million and $1.2 billion to resolve class action allegations it misclassified certain credit card accounts.

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POLICY & REGULATION

REAL ESTATE & DEVELOPMENT

CoStar Hit With Antitrust Suit Alleging Data Monopoly

By Grace Dixon

A Washington, D.C., brokerage has filed a proposed class action against CoStar in federal court, alleging a decades-long anticompetitive scheme designed to maintain a monopoly over commercial real estate listing services and information services.

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INSURANCE

Insurer Can't Nix Counterclaims In $1.8M Judgment Dispute

By Hope Patti

A North Carolina federal judge found that a life sciences company's insurer can't avoid counterclaims brought by a former patent holder asserting that the carrier must cover a $1.77 million judgment entered against the company's executives after they were accused of making misrepresentations about taking the company public.

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CONSUMER PROTECTION

IQ Data Targets Ex-Renters For Bogus Debts, Tenant Says

By Rachel Riley

A former Washington state apartment renter has accused collections agency IQ Data International Inc. of trying to extract money from tenants after they move out for debts they do not owe, according to a proposed class action the company removed to Seattle federal court on Wednesday.

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INTELLECTUAL PROPERTY

CORRECTED: Asus Reaches Deal To End Some Wi-Fi Patent Suits

By Elliot Weld

Sisvel's patent pool has reached a deal with Taiwanese electronics manufacturer Asus to license its standard essential pool of Wi-Fi multimode patents, resolving a swath of litigation but leaving at least one case pending in Texas federal court against an Asus subsidiary. 

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SPORTS & BETTING

Flores Says NFL Retaliated After He Filed Discrimination Suit

By David Steele

Former NFL head coach Brian Flores has told a New York federal court that the league and Commissioner Roger Goodell are using its arbitration process as a means to retaliate against him for suing the league for hiring discrimination.

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Ex-MLB Star Reynolds Can't Dodge Sports Tech Co.'s Suit

By David Steele

A New Jersey federal judge on Thursday allowed a technology company's suit accusing former baseball star Harold Reynolds of breaking their agreement to create a youth sports app to continue, but passed on forcing their dispute into arbitration.

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SECURITIES & WHITE COLLAR

Ex-Maisonette CFO Sues For Legal Fee Advancement

By Jarek Rutz

Former Maisonette Inc. Chief Financial Officer Myra Cortado has sued the online children's retailer in the Delaware Chancery Court, seeking to force the company to advance her legal fees in an underlying investor lawsuit accusing current and former executives of misconduct tied to a financing round.

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COMPETITION

Zillow In FTC Case Says Redfin Debt Forced Noncompete Deal

By Nate Beck

Zillow has answered a complaint in Virginia federal court from federal authorities over a deal to pay Redfin $100 million to stop competing on multifamily listings, arguing that the syndication deal came as the smaller competitor faced no other path to increase its apartment listings and dig itself out of debt.

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DEALS

Magna Unit Sues Mich. Firm Over $11M Ford Program Assets

By Melanie Dorsey

A division of Magna International Inc. has sued a Michigan automation company in federal court, accusing it of wrongfully holding more than $11 million in manufacturing assets, including dozens of industrial robots, after the cancellation of a Ford Motor Co. vehicle program.

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EXPERT ANALYSIS

DOJ Activity Indicates Rising Antitrust Risk For Hospitals

Two civil actions filed by the U.S. Department of Justice against New York-Presbyterian Hospital and OhioHealth, both alleging that the hospital systems used their market power to stifle competition, highlight the government's growing scrutiny of barriers to lower-cost insurance options, say attorneys at Freshfields.

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Series

NY Times Word Puzzles Make Me A Better Lawyer

Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

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LEGAL INDUSTRY

Analysis

BigLaw Deals Scandal Puts Boston Back On White Collar Map

By Chris Villani

A sweeping insider trading case involving information stolen from BigLaw firms shows a return to bread-and-butter white collar enforcement for Boston federal prosecutors and provides a morale lift in an office that has seen shifting priorities and staff turnover since the signature "Varsity Blues" takedown in 2019, veteran prosecutors told Law360.

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Goldstein Taps Ex-SG Prelogar Before Sentence, Likely Appeal

By Jeff Overley

One of the nation's most accomplished oral advocates, Tom Goldstein, revealed Thursday he has retained another of the nation's most accomplished oral advocates, Elizabeth Prelogar, ahead of his sentencing and likely appeal in a criminal tax case that has captivated the appellate bar.

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Immigration Judges' 'Anxiety' Dialed Up Amid Mass Exodus

By Emma Cueto

Current and former immigration judges spoke on a web panel Thursday about threats to the independence of immigration judges and the strains on the immigration system, such as a massive backlog of cases at a time when many judges have been pushed out or fired.

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Analysis

How Exxon Attys Beat A 10-Year-Old Securities Class Action

By Spencer Brewer

This month, Exxon Mobil's defense team helped deliver a clean sweep victory for the energy giant when a federal jury in Texas found the company did not lie to investors about the profitability of some operations.

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PBM Swaps Cravath For WilmerHale In Price-Fixing Suit

By Bonnie Eslinger

Pharmacy benefit manager Prime Therapeutics LLC has replaced counsel Cravath Swaine & Moore LLP with WilmerHale and another firm in an antitrust case in Michigan federal court brought by the state's attorney general.

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Bush-Appointed Missouri Judge To Take Senior Status

By Courtney Bublé

U.S. District Judge David Gregory Kays of the Western District of Missouri will take semi-retired status in May 2027, according to an update from the federal judiciary on Thursday.

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Feature

5 Podcasts To Keep IP Attys Entertained And Informed

By Theresa Schliep

Whether intellectual property attorneys are hitting the road for a family trip or kicking their feet up at home, podcasts about legal news can offer an easy way for them to stay in the know while (hopefully) not working this Memorial Day weekend.

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LAW FIRMS IN TODAY'S NEWS

Anderson & Kreiger

Balon B. Bradley Law Firm

Calcagni & Kanefsky

Cleary Gottlieb

Cline Williams

Continental PLLC

Cooley LLP

Covington & Burling

Cozen O'Connor

Cravath Swaine

Crowell & Moring

Cuneo Gilbert

DarrowEverett

Davis Polk

Day Pitney

Delaney Legal

Dilworth Paxson

Dorsey & Whitney

Dykema

Edelson PC

Elefterakis Elefterakis

Finnegan

Foley & Lardner

Freshfields

Garwin Gerstein

Goodwin Procter

Gordon Rees

HWG LLP

Haynes Boone

Henning Strategies

Hickey Hauck

Holwell Shuster

Howard & Howard

Kendall Law Group PLLC

Kick Law Firm

King & Spalding

Latham & Watkins

Lauro & Singer

Lieff Cabraser

Lockridge Grindal

Mays Johnson Law Firm

McKool Smith

Miller Fair

Moses & Singer

Munger Tolles

Paul Weiss

Pierson Ferdinand LLP

Polsinelli PC

Potter Anderson

Quinn Emanuel

Richards Layton

Rimon PC

Robbins Geller

Russ August

Salvatore Prescott

Sidley Austin

Squire Patton

Sullivan & Cromwell

Terrell Marshall

Varnum LLP

Volpe Koenig

Wachtell Lipton

Weil Gotshal

Wigdor LLP

WilmerHale

Wilson Sonsini

Womble Bond

Yarbrough Wilcox

COMPANIES IN TODAY'S NEWS

APC

ASUSTeK Computer Inc.

Actelion Ltd.

Anadarko Petroleum Corp.

Burberry Group

C3.ai Inc.

Christian Louboutin SA

CoStar Group Inc.

Cottrell Inc.

Cummins Inc.

Cushman & Wakefield Inc.

Discover Financial Services Inc.

Express Scripts Holding Co.

Exxon Mobil Corp.

Ford Motor Co.

Johnson & Johnson

KFC Corp.

LoopNet Inc.

Lowe's Cos. Inc.

Magna International Inc.

Major League Baseball Inc.

Miami Dolphins

Microsoft Corp.

NFL Enterprises LLC

National Collegiate Athletic Association

NewYork-Presbyterian Hospital

NiSource Inc.

Occidental Petroleum Corp.

OhioHealth Corp.

OpenAI OpCo LLC

Permira

Pinnacle Property Management Services

Prime Therapeutics LLC

RentPath LLC

Sisvel International SA

Smithfield Foods Inc.

The New York Times Co.

United Food & Commercial Workers International Union

Vanity Fair

Zale Corporation

Zillow Group Inc.

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arizona Attorney General's Office

Connecticut Attorney General's Office

Delaware Court of Chancery

Federal Bureau of Investigation

Federal Trade Commission

New York Attorney General's Office

Occupational Safety and Health Administration

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the Eastern District of Virginia

U.S. Department of Agriculture

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of New Jersey

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Missouri

U.S. District Court for the Western District of Texas

U.S. District Court for the Western District of Washington

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Southern District of Ohio

Virginia Attorney General's Office

Washington Attorney General's Office