A California federal judge indicated Thursday she'll give preliminary approval to Toyota Industries Corp.'s $436 million class action settlement to resolve claims the auto giant and its subsidiaries misled tens of thousands of business buyers into thinking the emissions of its forklift and construction engines were "the cleanest" in the industry.
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SATURDAY, FEBRUARY 28, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Toyota Nears OK On $436M Class Deal Over Forklift Emissions

By Bonnie Eslinger

A California federal judge indicated Thursday she'll give preliminary approval to Toyota Industries Corp.'s $436 million class action settlement to resolve claims the auto giant and its subsidiaries misled tens of thousands of business buyers into thinking the emissions of its forklift and construction engines were "the cleanest" in the industry.

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X Corp. Beats OnlyFans Creator's Revenge Porn Suit

By Rae Ann Varona

A Texas federal judge has tossed an OnlyFans creator's proposed class action that sought to hold X Corp. liable under a revenge porn statute after someone shared his photos on the social media platform, saying the creator's images had not been "produced" by fraud or misrepresentation as required for damages.

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College Says Ex-QB Owes $1M From NIL Deal After Transfer

By David Steele

Football star Brendan Sorsby violated his name, image and likeness agreement with the University of Cincinnati when he transferred to another program and owes the school at least $1 million, the university claims in a lawsuit in Ohio federal court.

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Ex-Morgan Stanley Pro's NBA Fraud Rap Falls Short, Jury Told

By Stewart Bishop

An attorney for a former Morgan Stanley investment adviser accused of defrauding NBA stars by feeding them overpriced insurance investments and stealing funds told a Manhattan federal jury Thursday the players' own words and other evidence belie the government's claims.

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Amazon Loses Bid For 'Hot Tub' Hearing In Antitrust Suit

By Ben Adlin

A Washington federal judge on Thursday shot down Amazon.com Inc.'s push for a concurrent hearing with multiple expert witnesses in a proposed class action accusing the retail giant of artificially inflating consumer prices, ruling that what's known as a "hot tub" hearing is "not necessary at this time."

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LEGAL ETHICS & MALPRACTICE

Atty Owns 'Sloppy' Incorrect Citations Before Texas Justices

By José Luis Martínez

A Houston attorney told a Texas appellate panel Thursday that incorrect case citations in his brief were "sloppy" and "embarrassing," taking responsibility for errors that included nonexistent cases and inaccurate quotations.

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REAL ESTATE & DEVELOPMENT

Fifth Third Bank Pursues $80M From Texas Developer

By Sydney Price

Fifth Third Bank has sued a San Antonio real estate developer in Texas federal court for more than $80 million, seeking to invoke guaranties on two troubled construction loans after the borrowing entities defaulted and filed for bankruptcy.

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Aurora Care Group Sues Over Block Of $8.5M Property Sale

By Zach Dupont

An Aurora-based care facility claimed in a Colorado state court lawsuit Wednesday that a nonprofit elder care group spiked the $8.5 million sale of a building by enforcing expired or unenforceable provisions from a decade-old construction declaration from a sale of the land where the building sits.

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ENERGY & ENVIRONMENTAL

Chancery Refuses For Now To Make Hecate Pay Lenders $75M

By Jarek Rutz

The Delaware Chancery Court has denied renewable energy lenders' bid to immediately seize $75 million in disputed settlement proceeds, ruling that although the lenders are likely to succeed on parts of their contract claims, they failed to justify the extraordinary step of a mandatory injunction.

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Brief

Okla. Judge Says Oil & Gas Royalty Fight Belongs In Texas

By Keith Goldberg

An Oklahoma federal judge on Thursday sent to Texas federal court a lawsuit claiming oil and gas producer APA Corp. underpaid oil and gas royalties, saying the underlying leases are located in Texas and the dispute will likely be governed under Texas law.

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INSURANCE

Insurer Dodges Spinoff Coverage Suit From 'Maya' Verdict

By Carolina Bolado

A professional liability insurer does not have to defend the law firm that secured a $213 million award for the woman at the center of the documentary "Take Care of Maya" in a dispute over trial consultant fees, after a Florida federal judge found Wednesday that the claims are not covered by the insurance policy.

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INTELLECTUAL PROPERTY

Antitrust Claims Over Oil Tubing Patents Saved By Fed. Circ.

By Theresa Schliep

The Federal Circuit on Thursday undid a Texas federal judge's conclusion that a company intended to defraud the U.S. Patent and Trademark Office when it got a patent on coiled tubing, but also revived claims accusing it of using fraudulently obtained patents to get a monopoly.

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Ex-Joe Gibbs Racing Director Denies Trade Secret Theft

By Gina Kim

Joe Gibbs Racing's former competition director on Wednesday denied absconding with trade secrets on his way out the door and urged a North Carolina federal judge to reject the NASCAR giant's request to stop him from working for a rival, arguing this would "effectively exile me from this profession."

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MEDIA & ENTERTAINMENT

LA Times Joins Ad Tech Antitrust Litigation Against Google

By Lauren Berg

The publisher of The Los Angeles Times on Wednesday threw its hat into multidistrict litigation targeting Google's advertising placement technology dominance, alleging that Google's monopolization forces publishers to sell ad space at depressed prices that boost the tech giant's profits while dramatically cutting revenue for publishers and Google's ad technology rivals.

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SECURITIES & WHITE COLLAR

Vanguard Will Pay $29.5M To Settle Red States' ESG Suit

By Spencer Brewer

The Vanguard Group Inc. will pay $29.5 million to settle claims brought by several conservative states accusing it and other large asset managers of driving up coal prices by pressuring publicly traded energy companies to lower their output to meet carbon emission reduction goals.

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Ex-Exec. In $2B Denmark Tax Scheme Hid Assets, Court Told

By Kat Lucero

A Florida man involved in a $2 billion Danish tax refund scheme fraudulently transferred millions of dollars to a U.S. company to prevent the Danish government from seizing those assets, Denmark's tax agency told a New Jersey federal court.

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$100M AI Token Dump Suit Can't Be Heard In NY, Founders Say

By Emilie Ruscoe

Co-founders of a digital asset issuer and an associated crypto organization seek to shed a lawsuit accusing them of conspiring to improperly extract over $100 million from an open-source artificial intelligence coalition, arguing Wednesday that a Manhattan federal court doesn't have jurisdiction over the Romania- and Germany-based defendants or the decentralized organization.

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GOVERNMENT CONTRACTS

Constellis Hit With $36.5M Suit Over Weapons In Afghanistan

By Elaine Briseño

The owner of a storage and lodging camp in Afghanistan sued Constellis LLC and its subsidiaries for $36.52 million, accusing the Virginia-based government contractor of abandoning a cache of allegedly illegal weapons that led to a "violent" seizure of his property by the Taliban.

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DEALS

Fiserv Seeks Exit From Credit Union Security Flaws Suit

By Katryna Perera

Fiserv Inc. has urged a Florida federal judge to toss a credit union's suit claiming the payment systems company has allowed its online banking platform to be "repeatedly hacked, again and again," arguing the long-running contract between itself and the credit union does not obligate Fiserv to implement the security features the credit union is now demanding.

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EXPERT ANALYSIS

Series

Playing Piano Makes Me A Better Lawyer

Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.

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LEGAL INDUSTRY

Hub Hires: Seyfarth, Greenberg Traurig, Outside GC

By Chris Villani

Massachusetts may be buried under a blanket of snow, but the Boston legal market was anything but frozen in February. Seyfarth bolstered its depth in mergers and acquisitions, Greenberg Traurig snagged a benefits attorney, and Outside General Counsel hired a new managing partner.

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Elevate Expands Legal Reach With Mestel & Co. Acquisition

By Tracey Read

Legal software and services company Elevate has acquired legal recruitment firm Mestel & Co. to bolster its abilities to deliver top legal talent, Elevate said Thursday.

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Up Next At High Court: Drug User Gun Possession

By Katie Buehler

The U.S. Supreme Court will close out its February oral argument session by hearing its newest Second Amendment case over a federal law that prohibits drug users from possessing firearms, as well as a dispute over whether motor carrier brokers can be held liable for truck crashes under state law.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London has seen Linklaters sue a shipping company, high-street clothing giant Urban Outfitters hit with an intellectual property claim, Ithaca Energy sue rival Chrysaor, and cabaret club magnate Alex Proud face legal action with his nightclubs in financial turmoil.

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Del. Supreme Court OKs Disputed Corporate Law Rework

By Jeff Montgomery

Delaware's Supreme Court upheld Friday hotly contested legislation approved by state lawmakers in 2025 that expanded liability shields for some corporate acts involving controlling stockholders or potentially conflicted officers or directors, and narrowed public access to some corporate books and records.

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Law360's Legal Lions Of The Week

By Kevin Penton

Milbank LLP, Wilson Sonsini Goodrich & Rosati PC and Akin Gump Strauss Hauer & Feld LLP lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

A proxy season preview report showed that nearly three-quarters of shareholder proposals for annual corporate meetings among Russell 3000 companies this year have gone to a vote. The U.S. Department of Labor unveiled the details of a long-awaited proposed rule to replace a previous administration's regulation outlining how to decide if a worker is an employee or independent contractor. These are among the stories in corporate legal news you may have missed in the past week.

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Calif. Mass Tort Firm Drops Suit Against ABS Fee-Sharing Ban

By James Mills

A California mass torts firm seeking to overturn the state's law banning alternative business structure fee sharing with out-of-state law firms owned by nonattorneys dropped its suit Thursday, three months after filing it.

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Pro Bono Spotlight

NY Prisoner Gets Rare $600K Deal With Gibson Dunn's Help

By Parker Quinlan

A man incarcerated in a New York state prison who was placed in solitary confinement for over six years has obtained a $600,000 settlement after filing a pro se lawsuit that drew the aid of pro bono counsel from Gibson Dunn & Crutcher LLP.

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Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal

By Bryan Koenig

Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal court complaint to also accuse the companies of "bullying" Kirkland & Ellis LLP into withdrawing as its transaction counsel.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Abrams & Bayliss

Akerman LLP

Akin Gump

AndersonGlenn

Arnold & Porter

Ballard Spahr

Barnes & Thornburg

Baron & Budd

Beck Redden

Bernstein Litowitz

Bishop & Sewell

Blank Rome

Bloch & White

Boies Schiller

BonelliErede

Brown Rudnick

Buck Keenan

Buzbee Law Firm

CMS Cameron McKenna

Cahill Gordon

Clement & Murphy

Clinton & Peed

Clyde & Co

Cooper & Kirk

Covington & Burling

DAC Beachcroft

Davis Wright Tremaine

Druces LLP

Epstein Becker

Eversheds Sutherland

Fenchurch Law

Fieldfisher

Fish & Richardson

Fladgate LLP

Foley & Lardner

Fox Rothschild

Gibson Dunn

Gowling WLG

Greenberg Traurig

Gupta Wessler

HSF Kramer

Hagens Berman

Hill Dickinson

Holland & Knight

Horwich Farrelly

Hughes Hubbard

Husch Blackwell

Ignition Law

Ison Harrison Solicitors

Jackson Walker LLP

Jones Day

K&L Gates

Keller Postman

Kellogg Hansen

Keystone Law

King & Spalding

Kirkland & Ellis

Labaton Keller

Latham & Watkins

Leach & Walker

Lewis Silkin

Lieff Cabraser

Linklaters LLP

Mahaffey & Gore

Mancini Shenk

Mayer Brown

McDermott Will & Schulte

Meritz Reddy

Meyer Law Office

Milbank LLP

Miller & Chevalier

MoloLamken

Morgan Lewis

Morris Nichols

Morrison Cohen

Nabarro LLP

Olshan Frome

Otten Johnson

Outten & Golden

Parker Poe

Penningtons Manches

Phelps Dunbar

Pinsent Masons

Potter Anderson

Quinn Emanuel

Reynolds Porter

Richards Layton

Robinson Bradshaw

Ropes & Gray

Saul Ewing

Scott & Corley

Searcy Denney

Seyfarth Shaw

Shakespeare Martineau

Sher Tremonte

Simons Muirhead Burton

Stearns Weaver

Sullivan & Cromwell

Susman Godfrey

Taylor Wessing

Travers Smith

Trethowans LLP

Troutman

Vinson & Elkins

Vorys

Wachtell Lipton

Ward & Smith

White & Case

Williams & Connolly

Wilson Sonsini

Winckworth Sherwood

Wisner Baum

Yetter Coleman

Young Conaway

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

APA Corp.

AdaptHealth LLC

Alcon Inc.

Alcon Vision LLC

Altice SA

Altice USA

Amazon.com Inc.

American International Group Inc.

Arcellx Inc.

Arch Resources Inc.

Ares Management Corp.

Arete Wealth Advisors

Aviva SA

Barclays PLC

BlackRock Inc.

Block Inc.

C.H. Robinson Worldwide Inc.

Callon Petroleum Co.

Capita Group

Charles River Laboratories International Inc.

Colorcon Inc.

Constellis Group Inc.

Dallas Mavericks Inc.

Deere & Co.

Duke University

Elevate

Exxon Mobil Corp.

Fifth Third Bancorp

Financial Industry Regulatory Authority Inc.

Fiserv Inc.

Foundation to Support Animal Protection

Fresenius Kabi AG

Gannett Co. Inc.

Gilead Sciences Inc.

GoldenTree Asset Management LP

Google LLC

Hecate Energy LLC

Instagram Inc.

Investments Ltd.

JPMorgan Chase & Co.

LinkedIn Corp.

London Stock Exchange Group PLC

Loomis Sayles & Co. LP

Los Angeles Times

Magnit

Major League Baseball Inc.

Massachusetts Institute of Technology

Mediterranean Shipping Co. SA

Memphis Grizzlies

Mestel & Co. Inc.

Morgan Stanley

Munchkin Inc.

NASCAR Digital Media LLC

National Basketball Association Inc.

National Collegiate Athletic Association

Netflix Inc.

Nike Inc.

Nordic Capital Ltd.

Oaktree Capital Management

Omega Navigation Enterprises Inc.

Optimum

PGIM Inc.

PacifiCorp

Peabody Energy Corp.

PepsiCo Inc.

Portland Trail Blazers

RLK Solicitors Ltd.

Rainy City Investments Ltd.

Repsol SA

Solicitors Regulation Authority Ltd.

State Bar of California

State Street Corp.

Suncor Energy Inc.

Takeda Pharmaceutical Co. Ltd.

Tenaris S.A.

Tesco Corp.

Tesco PLC

The Hain Celestial Group Inc.

The O2

The Vanguard Group Inc.

Toyota Industries Corp.

Toyota Motor Corp.

Trilogy

USG Corp.

University of Miami

Urban Outfitters Inc.

WESCO International Inc.

X Corp.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arizona Supreme Court

California Attorney General's Office

California Department of Justice

Delaware Court of Chancery

Equal Employment Opportunity Commission

Federal Aviation Administration

Federal Bureau of Investigation

Federal Emergency Management Agency

Federal Trade Commission

Missouri Attorney General's Office

Texas Attorney General's Office

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Interior

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the Central District of California

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

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 Middle District of Florida

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

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 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

UK High Court

United States District Court for the District of Colorado

United States District Court for the Eastern District of Oklahoma

United States District Court for the Southern District of Ohio

Wage and Hour Division