'Think Carefully': Judge Wary Of Notice Tactic In Google Deal
By Dorothy Atkins
A California federal judge indicated on Thursday that he will grant preliminary approval to Google's $8.25 million settlement to resolve putative class allegations that Google surreptitiously tracked children online for advertising, while urging counsel to "think carefully" about using behavioral tracking in future settlements to post advertisements notifying class members.
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Ohio Justices Shield Lenders From COVID-Era Class Claims
By Katryna Perera
The Ohio Supreme Court ruled Thursday that a state resident can collect damages from Quicken Loans for the company's failure to report within 90 days that his mortgage had been paid off, but reversed a trial court's certification of a class of individuals who experienced the same issue, finding an amended state law prohibits the action.
Decision attached |
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POLICY & REGULATION
ENFORCEMENT
LITIGATION
EXPERT ANALYSIS
Should Prediction Markets Allow Trading On Nonpublic Info?
Recent trading activity, such as the Polymarket wager on the U.S. capture of Venezuelan President Nicolás Maduro, has raised questions about whether some participants may be engaging in trading that is based on material nonpublic information, and highlights ongoing uncertainty about how existing derivatives and anti-fraud rules apply to event-based contracts, say economic consultants at the Brattle Group.
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LEGAL INDUSTRY
Roundup
UK Litigation Roundup: Here's What You Missed In London
By Max Austin
The last week in London saw the founders of Getir sue investment fund Mubadala for more than $700 million tied to alleged breaches during the company's restructuring, the Welsh Rugby Union face a claim by Swansea Council over a proposed takeover of Cardiff Rugby, and Euro Car Parks target the Competition and Markets Authority after it was fined by the watchdog. Here, Law360 looks at these and other new claims in the U.K.
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Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
Several pension funds in New York City sued AT&T, alleging the illegal exclusion of their shareholder proposal requesting a corporate diversity report from the telecom giant's corporate ballot. In the meantime, the DOJ said the Trump administration is investigating federal contractors and grant recipients for potentially engaging in discrimination, rather than for their DEI programs. These are among the stories in corporate legal news you may have missed in the past week.
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