TOP NEWS
Exec 'Can't Believe' X Offers Itself As Place For Friends
By Bryan Koenig
The Federal Trade Commission pressed executives and former leaders from X Corp., Strava, Pinterest and Reddit on Monday for all the things that distinguish their services from Meta Platforms Inc., painting Facebook and Instagram in D.C. federal court as effectively the only place to really connect with friends and family to show the social media giant's alleged monopoly.
Read full article »
| Save to favorites »
POLICY & REGULATION
ENFORCEMENT
LITIGATION
Nivea Maker Hit With False Ad Greenwashing Suit
By Gina Kim
The Nivea brand of products such as lotions, body creams, deodorants and cleansing wipes are falsely advertised as made predominantly of ingredients derived from natural products, like aloe or avocado oil, even though nearly all the ingredients are synthetic, according to a proposed class action filed in California federal court.
Complaint attached |
Read full article »
| Save to favorites »
Walgreens Opposes Merging 'Non-Drowsy' Labeling Suits
By Celeste Bott
Walgreens is pushing back on a bid to consolidate two Illinois federal lawsuits alleging the "non-drowsy" label on some of the retailer's cough suppressant medications is misleading, saying the two cases involve different allegations and are at different stages, and arguing that consolidation would cause a delay in the litigation.
Response attached |
Read full article »
| Save to favorites »
EXPERT ANALYSIS
FDIC Rules Rollback Foretells More Pro-Industry Changes
The Federal Deposit Insurance Corp.’s March withdrawal of Biden-era proposals to tighten brokered deposit rules and impose new corporate governance standards shows that acting chair Travis Hill’s commitment to reviewing regulations that may restrict growth and innovation for financial institution and fintech companies is unlikely to flag soon, say attorneys at Cooley.
Read full article »
| Save to favorites »
LEGAL INDUSTRY
Q&A
Sullivan M&A Chief Sees Opportunities Amid Tariff Turmoil
By Al Barbarino
After a rocky start to 2025, the mergers and acquisitions landscape is grappling with economic volatility, shifting trade policies and a complex regulatory environment. But even in a "choppy" market, there are always deals to be made, says Melissa Sawyer, global head of Sullivan & Cromwell LLP's M&A group and co-head of its corporate governance practice.
Read full article »
| Save to favorites »
Analysis
GOP Plan To Shutter Audit Watchdog Could Strain SEC
By Jessica Corso
Congressional Republicans are renewing the push to get rid of a financial regulator that conservatives have complained is costly and lacks proper oversight, but some former staffers at the Public Company Accounting Oversight Board wonder whether the U.S. Securities and Exchange Commission has the manpower or expertise to take over the board's duties.
Read full article »
| Save to favorites »
|