OpenAI Leads Corporate Push To Bolster Cyber Defense

By Craig Clough

OpenAI and more than 100 other companies and organizations signed an open letter Thursday calling for a global surge in cyber defense, warning that artificial intelligence will make cyberattacks "more widespread and sophisticated" in the coming months.

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SEC Moves Closer To Curtailing Executive Pay Disclosures

By Jessica Corso

The U.S. Securities and Exchange Commission has moved one step closer to curtailing the amount of information that corporate executives must reveal about their pay, informing the White House that the agency could soon propose updated executive compensation regulations.

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Mead Johnson Nutrition Head Defends Formula In MDL Trial

By Celeste Bott

Mead Johnson's head of nutrition testified Thursday in a trial over whether its preterm infant formula led to a newborn's serious and ultimately fatal gut illness, saying she had no reasons to worry about the product's safety but acknowledging it carries a higher risk for the disease than human breast milk.

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Ex-Abercrombie CEO's Sex Trafficking Trial Pushed To Jan.

By Cara Salvatore

A Brooklyn federal judge on Thursday delayed the sex trafficking trial of former Abercrombie CEO Michael Jeffries and two others to Jan. 4 to give legal teams more time to prepare in the wake of the recent finding that Jeffries is competent.

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Google Users' Atty Fee To Be In 'Realm' Of $147M, Judge Says

By Bonnie Eslinger

A California federal judge indicated Thursday that he won't give the full $147 million in fees sought by lawyers who won a $425 million class action verdict against Google for unlawfully collecting user information, but he said their "really excellent lawyering" deserves an amount "within that realm."

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Dems Want DOJ, FTC To Look At Sysco's $29B Jetro Buy

By Gina Kim

Two Democratic lawmakers called on the U.S. Department of Justice and the Federal Trade Commission on Wednesday to closely inspect Sysco Corp.'s plans to buy competitor Restaurant Depot LLC aka Jetro Restaurant Depot at a total enterprise value of $29.1 billion, warning in a letter the transaction could hurt independent restaurants, farmers and Americans who "are already facing an affordability crisis."

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Mich. Hospitals Defend CVS 340B Drug Savings Suit

By Susan Smiley

University of Michigan Hospitals and Health Centers urged a Michigan federal judge Wednesday to preserve its suit claiming that CVS Health Corp. diverted millions of dollars earmarked for indigent healthcare to itself, saying the conduct clearly amounts to a racketeering scheme.

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Chamber Says FTC's Meta Appeal Trying To 'Rewrite' Law

By Bryan Koenig

The U.S. Chamber of Commerce and other amicus filers urged the D.C. Circuit not to revive the Federal Trade Commission monopolization lawsuit targeting Meta's purchases of WhatsApp and Instagram, taking issue Thursday with how the FTC characterizes social media competition, consumer behavior and the law allowing it to sue.

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Feds Want Ex-Google Engineer To Get Over 5 Yrs For AI Theft

By Dorothy Atkins

Prosecutors have urged a California federal judge to sentence ex-Google software engineer Linwei Ding to nearly 6 years in prison for stealing artificial intelligence trade secrets, while Ding argued that the government's suggestion is based on speculative evidence and he deserves only home confinement since he was acquitted of economic espionage.

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UEFA Eyes Criminal Case Over Abandoned World Cup Sale

By Alex Lawson

European soccer's governing body is asking a Florida federal court for access to documents that may build its criminal case against FIFA's now-abandoned plans to sell off the commercial rights to the World Cup tournament.

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11th Circ. Holds Real Estate Financier Liable For $56M Loan

By Nate Beck

The Eleventh Circuit has found that a Florida real estate financier triggered default on a $56.3 million loan for three Houston, Austin and Dallas-area properties in Texas by filing for bankruptcy protection after assigning one property's management to a new entity, in a ruling favoring hotel lender Access Point Financial.

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EV-Maker SPAC Investors Reach $4M Chancery Settlement

By Jarek Rutz

Former stockholders of the special purpose acquisition company that took electric vehicle manufacturer Lion Electric public have agreed to a $4 million cash settlement with seven individuals who served as Northern Genesis Acquisition Corp. directors, officers or alleged controllers to end Delaware Chancery Court claims over the 2021 deal.

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Silver Lake Urges Chancery To Toss $1.7B Zuora Deal Suit

By Jarek Rutz

Silver Lake Group LLC and Zuora Inc. founder Tien Tzuo urged the Delaware Chancery Court on Thursday to throw out a stockholder suit challenging their $1.7 billion take-private deal, arguing the sale was protected by an independent special committee and an informed stockholder vote.

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Selena Gomez Says Wondermind Investor Suit Must Be Nixed

By Katryna Perera

Pop star Selena Gomez has urged a Delaware federal judge to toss securities fraud claims against her tied to the mental health startup Wondermind, saying she wasn't involved in the offering and suggesting that the plaintiffs may deserve sanctions for bringing "egregiously improper" claims against her.

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Biz Group Urges 11th Circ. To Toss $243M Tesla Crash Verdict

By Y. Peter Kang

A trade association of product manufacturers has told the Eleventh Circuit that a $243 million verdict against Tesla over a fatal crash involving Autopilot technology should be reversed, saying letting the verdict stand would improperly punish automakers failing to prevent reckless driver behavior.

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Meta Staves Off 3D Artist's AI Training Suit, For Now

By Elliot Weld

A California federal judge has dismissed a Los Angeles-based 3D artist's proposed class action alleging Meta Platforms Inc. removed copyright management information from art that was used to train artificial intelligence, but gave the artist a chance to cure the suit's issues.

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Compliance Firm Escapes Most Of Advisory Customer's Suit

By Sarah Jarvis

Compliance firm ACA Group has defeated most claims in a suit brought by an investment advisory firm client who accused it of being liable for her investment losses, with an Oregon federal magistrate judge finding the suit failed to state fraud and negligence claims against ACA over its outsourced work for the adviser.

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Krispy Kreme Must Face Claims Over McDonald's Rollout

By Sydney Price

A North Carolina federal judge has denied part of Krispy Kreme's motion to dismiss a securities class action alleging it overhyped its partnership with McDonald's, allowing several claims to proceed that were made after the company may have known the collaboration would not be as successful as previously stated.

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Del. Ruling Clarifies Public Benefit Corp. Fiduciary Duties

In Drakes Landing v. Tilden Park, the Delaware Court of Chancery recently provided landmark guidance for directors of Delaware public benefit corporations on the fiduciary duties they owe, highlighting that change-of-control transactions may now be protected from challenge under the state's 2025 safe harbor amendments, say attorneys at Richards Layton.

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FTC IonQ Review Unearths A Divide In Vertical Merger Remedy

The Federal Trade Commission's recent split decision to close its investigation into the merger between IonQ and SkyWater Technology offers a candid window into how enforcers may approach vertical merger concerns after a string of difficult government cases, says Nicholas Cheolas at Wiley.

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ERC Filing Deadlines Raise Tax Adviser Liability Risk

To minimize their risk, employee retention credit providers and tax advisers should understand that agreements to extend clients’ two-year deadline for challenging disallowances are not effective until the IRS countersigns, and implement an action plan to track filing deadlines and consider other proactive steps, says Michael Williams at CFOMW.

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Class Actions At The Circuit Courts: August Lessons

In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses seven recent rulings from cases involving Class Action Fairness Act jurisdiction, appellate jurisdiction, attorney fees and employment rights.

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Series

Taekwondo Makes Me A Better Lawyer

Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

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Exclusive

Inside The $150M Immigration Contract That Wasn't

By Daniel Connolly

The leader of a small Houston-based law firm says she was "blindsided" by an announcement from the federal government that her 24-attorney shop had won a $150 million no-bid contract to represent thousands of immigrant children in deportation proceedings.

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ABA Faces Uphill Battle To Remain As Law School Accreditor

By Emma Cueto

The American Bar Association council responsible for accrediting law schools is fighting on multiple fronts to retain its status as a nationwide accreditor, fending off challenges at both the federal and state levels.

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Dems Say DOJ Opinion Aims To Foil Oversight Of White House

By Courtney Bublé

With midterm elections right around the corner, Senate Democrats are worried the new legal opinion from the U.S. Department of Justice could let the Trump Administration obstruct congressional oversight of the White House.

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Womble Bond Asks To Drop Dutch Software Client Over Rift

By Hayley Fowler

Womble Bond Dickinson is looking to pull its representation of a Dutch software company after five years of a bitter trademark battle, citing a "fundamental disagreement" that has allegedly made it impossible for the firm to move forward as counsel of record.

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