The Delaware Chancery Court this past week handled disputes involving executive compensation, take-private transactions, books and records demands, tender offers and alleged insider misconduct.
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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled disputes involving executive compensation, take-private transactions, books and records demands, tender offers and alleged insider misconduct.

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No Trial For Splenda Maker, Scientist In Defamation Suit

By Abigail Harrison

Splenda maker TC Heartland LLC and the scientist whom it accused of defamation were sent packing from North Carolina federal court Monday, after a judge found neither had offered evidence to overcome the other's First Amendment right to talk about scientific research.

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Uber Board Spawned 'Serial Compliance Offender,' Suit Says

By Linda Chiem

Uber Technologies Inc. executives and board directors have fostered a culture of noncompliance and lax safety that has exposed the ride-hailing giant to thousands of sexual harassment and disability discrimination lawsuits, according to a new shareholder derivative suit in California federal court Monday.

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POLICY & REGULATION

Texas Asks Justices To Keep App Store Law In Force

By Spencer Brewer

The Texas attorney general urged the U.S. Supreme Court to allow a state law requiring app stores to block minors from downloading apps without parental consent to remain in effect, arguing Monday that a lower court "committed several errors" in pausing the measure.

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ENFORCEMENT

Uber Must Produce Docs In Cal/OSHA Probe Of Driver's Death

By Y. Peter Kang

A California appeals court has ordered Uber to comply with a state workplace safety agency's request for information regarding an Uber Eats driver's fatal fall, ruling the agency was acting within its authority and can demand records regarding whether the worker could be considered an employee.

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States Defend Live Nation Jury Verdict In Antitrust Case

By Matthew Perlman

State enforcers have urged a New York federal court to reject Live Nation's bid to upend a jury verdict finding the company monopolized key parts of the live entertainment industry, telling the court the jury carefully considered ample evidence and should not be second-guessed.

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LITIGATION

WaPo Wants Trump Media Sanctioned In $2.78B Suit

By Carolina Bolado

The Washington Post is asking for sanctions against President Donald Trump's social media company for what the Post alleges were repeated discovery violations in Trump's $2.78 billion defamation suit against the newspaper.

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Mich. Appeals Court Affirms $3M Award In Equity Dispute

By Susan Smiley

The Michigan Court of Appeals upheld a $3 million award to a former employee of a wealth management company, saying Monday that enough evidence supported a jury's finding that CIG Capital Advisors deliberately misled the plaintiff about his ownership status and diverted revenue to hide profits.

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Ex-CEO Says Credit Union Can't Seek $80K For Business Unit

By Aaron Keller

The ex-CEO of Sound Federal Credit Union asked a Connecticut state judge on Monday to dismiss portions of the credit union's two counterclaims asking him to return $80,000 for services he didn't perform because he was fired, saying it was not the correct party to bring such counterclaims.

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EV Charging Co. Ends Fired Worker's Religious Bias Suit

By Grace Elletson

An electric vehicle charging station company and a former employee have agreed to end his religious discrimination suit filed in Georgia federal court claiming the business fired him for leaving work early so that he could observe the Jewish Sabbath.

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PEOPLE

Holland & Knight Adds Jones Day Atty To Atlanta, DC Teams

By Emily Johnson

Holland & Knight LLP has bolstered its ranks in Atlanta and Washington, D.C., by adding an attorney from Jones Day with experience helping clients navigate investigations brought by enforcers including the U.S. Department of Justice and the U.S. Securities and Exchange Commission. 

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BakerHostetler Corporate Team Gains Chicago Healthcare Pro

By Lauraann Wood

BakerHostetler announced Monday that it has added a healthcare-focused transactional partner to its business practice group to bolster its Chicago roster.

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Dentons Adds Ex-Yuga Labs Legal Chief To Corporate Team

By Katryna Perera

The former chief legal officer of Yuga Labs has joined Dentons as a partner in the firm's corporate practice, where he will advise technology companies, investors and financial institutions in the fintech, digital asset and artificial intelligence spaces.

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EXPERT ANALYSIS

Recent Cases Clarify When Risk Disclosures Trigger Liability

Several recent decisions highlight circumstances where risk disclosures can constitute actionable misrepresentations, providing clarity on how the Private Securities Litigation Reform Act's safe harbor and the common-law bespeaks caution doctrine apply to risk disclosures, and how publicly traded companies can guard against such claims, say attorneys at Katten.

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Responding To US Labeling Brazilian Gangs As Terrorist Orgs

The Trump administration's recent designation of two Brazilian criminal organizations as foreign terrorists affects companies in multiple sectors that must now assess their exposure and enhance their sanctions, know-your-customer and anti-money-laundering screening programs, say attorneys at King & Spalding.

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Securities Class Cert., 5 Years After Goldman Ruling

The U.S. Supreme Court's 2021 decision in Goldman Sachs Group v. Arkansas Teacher Retirement System has not only armed defendants in securities cases with more arguments in individual class certification fights, but may also be providing greater certainty and finality in class certification battles, say attorneys at Skadden.

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Risk Reduction Lessons For PE Firms From PowerSchool Suit

A California federal court's recent orders allowing claims against Bain Capital to proceed based on a data breach at its subsidiary PowerSchool indicate that private equity firms need to strategically approach acquisition activities to avoid cybersecurity risks, say attorneys at Womble Bond.

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California Antitrust Bill Raises New Risks For Dealmakers

A pending California bill would turn the state attorney general's office into a more powerful antitrust enforcer, introducing a host of implications for dealmakers beyond whether deals close, such as deal certainty and risk allocation, say attorneys at Baker Botts.

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LEGAL INDUSTRY

Attorney Reprimanded In $256M Defamation Case

By Rachel Rippetoe

A former Conrad & Scherer LLP managing partner must pay an Alabama coal company's attorney fees after being publicly reprimanded by an Alabama federal judge, who found he lied to the court and paid witnesses to change their testimony in his repeated lawsuits against the company.

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NJ Firm Accused Of 'Double-Dipping' On Pelvic Mesh Fees

By Daniel Connolly

Four women allege in a recently filed lawsuit that a New Jersey law firm overcharged them on legal fees related to a settlement in pelvic mesh litigation, and the recent lawsuit also relates to a long-running conflict between lawyers who formerly worked together.

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Justices Seek Input On NJ State Bar Diversity Challenge

By George Woolston

The U.S. Supreme Court has asked the federal government to weigh in on a Garden State appellate court's decision that approved a New Jersey State Bar Association system for fostering diversity in its leadership that was accused of being discriminatory.

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Blanche, Pirro Can't Be DQ'd From Trump DC Shooting Case

By Craig Clough

A D.C. federal judge held Monday that the man accused of attempting to assassinate President Donald Trump at the White House Correspondents' Association dinner can't disqualify U.S. Attorney Jeanine Pirro and acting Attorney General Todd Blanche from prosecuting him because of their presence at the dinner.

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LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Arnall Golden

Baker & Hostetler

Baker Botts

Brito PLLC

Christian & Small

Conrad & Scherer

Consovoy McCarthy

Cooley LLP

Cravath Swaine

DLA Piper

Davis Wright Tremaine

Dentons

FBT Gibbons

Fenwick & West

Fox Rothschild

Freeman Mathis

Hamilton Stephens Steele & Martin

Haynes Boone

Holland & Knight

Joelson Rosenberg

Jones Day

Katten Muchin

King & Spalding

Kropf Moseley

Latham & Watkins

Lemberg Law

Littler Mendelson

Mazie Slater

McDermott Will & Schulte

Miller Canfield

Morrison & Foerster

Nagel Rice

Ogletree Deakins

Parks Chesin

Pendley Baudin

Robins Kaplan

Scott&Scott

Skadden Arps

Slater Slater

Starnes Davis

Susman Godfrey

Thomas & LoCicero

Troutman

Vedder Price

Williams & Connolly

Wilson Sonsini

Winston Taylor

Womble Bond

COMPANIES IN TODAY'S NEWS

American Express Co.

Bayer AG

British Broadcasting Corp.

Chiquita Brands International Inc.

Computer & Communications Industry Association

Cornell University

Credit Suisse Group AG

Drummond

Drummond Co. Inc.

EnviroSpark Energy Solutions Inc.

Fidelity National Financial Inc.

Francisco Partners

GameStop Corp.

Halliburton Co.

Hilton Worldwide Holdings Inc.

Horizon Blue Cross Blue Shield of New Jersey

Itochu Corporation

Johnson & Johnson

LafargeHolcim Ltd.

LinkedIn Corp.

Live Nation Entertainment Inc.

Marriott International Inc.

MongoDB Inc.

New Jersey State Bar Association

Optimum

Peloton Interactive Inc.

PowerSchool Group LLC

ProNAi Therapeutics Inc.

Rocket Cos.

Skydance Media LLC

SolarWinds Corp.

StubHub Inc.

The Goldman Sachs Group Inc.

The Trade Desk Inc.

Uber Eats

Uber Technologies Inc.

University of Southern California

Verizon Communications Inc.

Vivendi SA

Warner Bros. Discovery Inc.

WideOpenWest Finance LLC

Yum Brands Inc.

Zillow Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arkansas Teacher Retirement System

California Labor and Workforce Development Agency

California Supreme Court

Delaware Court of Chancery

Federal Trade Commission

Financial Crimes Enforcement Network

New Jersey Supreme Court

Occupational Safety and Health Administration

Office of Foreign Assets Control

U.S. Attorney's Office

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. Department of State

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

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 Georgia

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

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

U.S. Secret Service

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Northern District of Alabama