Citing alleged failures to make news about litigation settlements public ahead of a proposed $18.3 billion company sale, a pension fund stockholder of women's health-focused tech company Hologic Inc. has sued for a Delaware Court of Chancery hold on the deal pending disclosures or damages awards.
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FRIDAY, JANUARY 23, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Hologic Faces Del. Class Suit Over $18.3B Sale Disclosures

By Jeff Montgomery

Citing alleged failures to make news about litigation settlements public ahead of a proposed $18.3 billion company sale, a pension fund stockholder of women's health-focused tech company Hologic Inc. has sued for a Delaware Court of Chancery hold on the deal pending disclosures or damages awards.

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Dayforce Investors Seek Records In $12.3B Thoma Bravo Deal

By Jarek Rutz

Several stockholders of Dayforce Inc. have asked the Delaware Chancery Court to compel the global human resource software company to hand over internal books and records, arguing the board's handling of a $12.3 billion take-private sale to Thoma Bravo LP warrants closer scrutiny under Delaware law.

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Electronics Manufacturer Loses $48.5M Tax Fight In Chancery

By Jarek Rutz

The Delaware Chancery Court has dismissed a bid by electronics manufacturer Flex Ltd. to claw back a $48.5 million tax distribution following its 2024 spinoff of Nextracker Inc., ruling that the parties' tax agreement, not broader separation provisions, squarely allocated the disputed tax liability to Flex.

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Roomba Maker IRobot Gets Ch. 11 Plan Approved

By Yun Park

A Delaware bankruptcy court Thursday gave final confirmation of a Chapter 11 plan proposed by iRobot Corp., the maker of the Roomba robot vacuum, that calls for eliminating $257 million in debt and transferring ownership of the company to its secured creditor.

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POLICY & REGULATION

Feds Given More Time To Revisit School Grant Cancellations

By Rachel Riley

A Washington federal judge agreed Thursday to extend a deadline for the Trump administration to make fresh determinations as to 138 public school mental health grants that the court has found were illegally canceled, but admonished the federal government for previously understating how long those reassessments would take.   

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FERC Commissioners Back Fed-State Push For PJM Changes

By Keith Goldberg

The Federal Energy Regulatory Commission on Thursday backed plans from the Trump administration, state governors and PJM Interconnection to address escalating power prices amid data center-fueled increases in electricity demand, and encouraged the nation's largest grid operator to promptly submit policy proposals.

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BANKRUPTCY COURT

Nevada Solar Project Files Ch. 11 For 2nd Time In 5 Years

By Rick Archer

A Nevada solar project is seeking Chapter 11 protection in a Delaware bankruptcy court with more than $180 million in debt, saying the same technical issues that sent it into bankruptcy in 2020 have kept it from operating at full power.

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INTELLECTUAL PROPERTY

Merck Can't Get Fed. Circ. To Reconsider Axing MS Drug Patents

By Ryan Davis

The Federal Circuit on Thursday refused to reconsider decisions invalidating Merck KGaA patents on the blockbuster multiple sclerosis drug Mavenclad, turning aside the German drugmaker's claim that the court set an unjust new rule that means inventors' work can later be used against them.

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THIRD CIRCUIT

3rd Circ. Says Medical Pot Contract May Violate Federal Law

By P.J. D'Annunzio

The Third Circuit on Thursday vacated a medical cannabis company's win in a lawsuit filed by a consultant claiming that it had stolen his trade secrets for growing marijuana samples, finding it couldn't decide the appeal because the parties' contract might have violated federal drug law.

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Care Co. Says 3rd Circ. Ignored Loper Bright In Backing DOL

By Benjamin Morse

A home health company urged the Third Circuit to rethink its decision upholding a $1 million judgment against it after finding that the U.S. Department of Labor could strip third-party employers of an overtime exemption, saying the decision flouted the U.S. Supreme Court's Loper Bright ruling.

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DISTRICT COURT

SEC Gets $900K Judgments In Bitcoin Miner CEO's Fraud Suit

By Emilie Ruscoe

The family and ex-wife of a former bitcoin miner CEO will pay the U.S. Securities and Exchange Commission nearly $900,000 to exit the regulator's claims the CEO misappropriated $48.5 million from investors.

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EXPERT ANALYSIS

Key False Claims Act Trends From The Last Year

The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

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Fed. Circ. Patent Decisions In 2025: An Empirical Review

In 2025, the Federal Circuit's increased output was not enough to keep up with its ever-growing patent case load, and patent owners and applicants fared poorly overall as the court's affirmance rate fell, says Dan Bagatell at Perkins Coie.

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Series

Hosting Exchange Students Makes Me A Better Lawyer

Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

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LEGAL INDUSTRY

Ex-Baker McKenzie Atty Alleges Assault In New DC Lawsuit

By Alison Knezevich

A former Baker McKenzie associate who was sued for defamation over a series of social media posts accusing the firm's Washington, D.C., managing partner of sexual assault has brought her own lawsuit, marking the first time she publicly detailed her allegations in court records.

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Trump Calls For Prosecution Of Jack Smith Post-Hearing

By Courtney Bublé

Shortly after former special counsel Jack Smith gave his first public congressional testimony on the Trump cases, in which he warned the rule of law should not be taken for granted, President Donald Trump said he should be prosecuted.

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Goldstein Prosecutors Unveil Conflicting Cash Source Claims

By Jared Foretek

A former lawyer at SCOTUSblog founder Thomas Goldstein's firm said Thursday that Goldstein told coworkers that the more than $960,000 in cash he brought off a flight from Hong Kong — the source of which is integral to the government's case — had come from a client.

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ABA Outlines Limited Atty Duty To Give Info To Former Clients

By Lynn LaRowe

The American Bar Association said attorneys have a limited responsibility to convey information to former clients or successor counsel that was not within the client's file, when doing so is necessary to protect a client's interests and reasonably practicable, according to a new ethics opinion.

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Proposed Subpoena Rule Change Raises Victim Privacy Fears

By Brandon Lowrey

A proposal to loosen restrictions on the use of federal criminal subpoenas would endanger and further traumatize victims of crime, most of whom lack legal representation to fight the invasive demands, victims' rights advocates told a federal rules advisory committee on Thursday.

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Pa. Justices Say Judge's Partisan Posts Warrant Suspension

By Hayley Fowler

Pennsylvania's highest court has adopted a balancing test for restricting a sitting judge's free speech outside the context of an election and, in doing so, affirmed the suspension of a state court judge who it said damaged the court's appearance of impartiality by making political posts on social media.

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Brief

Courthouse News Drops Access Suit Against DC Court Clerk

By Emily Sawicki

National litigation news outlet Courthouse News Service has voluntarily and permanently dropped claims against a Washington, D.C., Superior Court clerk and the executive officer of the D.C. courts over filing delays, with both sides agreeing to pay their own costs.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Andrews & Springer

Baker McKenzie

Block & Leviton

Cooch & Taylor

DLA Piper

Davis Polk

Davis Wright Tremaine

Faegre Drinker

Fox Rothschild

Goldstein & Russell

Husch Blackwell

Jackson Lewis PC

Joseph Greenwald & Laake

Labaton Keller

Leach & Walker

Margolis Edelstein

Morgan Lewis

Morris Nichols

Munger Tolles

Nicolaides Fink

Paul Weiss

Perkins Coie

Sterne Kessler

Thomas & LoCicero

Thompson Hine

Webb Law Firm

WilmerHale

Wolf Popper

Young Conaway

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Amazon.com Inc.

American Bar Association

American Federation of Teachers

Apple Inc.

Burke Inc.

CVS Health Corp.

Courthouse News Service Inc.

Dayforce Inc.

Development Specialists Inc.

EMD Serono Inc.

Eli Lilly & Co.

Executive Health Resources Inc.

Flex Ltd.

Gilead Sciences Inc.

Google LLC

Hologic Inc.

Illumina Inc.

Kong Co. LLC

Merck & Co. Inc.

Merck KGaA

Meta Platforms Inc.

Nasdaq Inc.

National Association for the Advancement of Colored People

National Education Association

Novo Nordisk A S

Omnicare Inc.

Oracle Corp.

PJM Interconnection LLC

Pfizer Inc.

RTX Corp.

Rite Aid Corp.

Supervalu Inc.

T-Mobile US Inc.

TPG Capital LP

Thoma Bravo LLC

U.S. Chamber of Commerce

Verizon Communications Inc.

iRobot Corporation

GOVERNMENT AGENCIES IN TODAY'S NEWS

Committee on Foreign Investment in the United States

Delaware Court of Chancery

Federal Bureau of Investigation

Federal Energy Regulatory Commission

Federal Reserve System

Food and Drug Administration

Internal Revenue Service

International Trade Commission

New York Attorney General's Office

Patent Trial and Appeal Board

Pennsylvania Supreme Court

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the Western District of Washington

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Education

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

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

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of Maryland

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

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Texas

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. District Court of the District of New Hampshire

U.S. House of Representatives

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court