Two Starbucks shareholders have brought a derivative suit in Washington federal court accusing the company's leadership of hyping its performance in the U.S. and China even as sales declined, and of losing $227.5 million buying back its own stock at inflated prices. 
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TOP NEWS

Starbucks Investors Allege $227.5M In Buyback Losses

By Ben Adlin

Two Starbucks shareholders have brought a derivative suit in Washington federal court accusing the company's leadership of hyping its performance in the U.S. and China even as sales declined, and of losing $227.5 million buying back its own stock at inflated prices. 

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Judge Reduces $38.9M Beyond Meat TM Verdict

By Carolyn Muyskens

A Massachusetts judge slashed a $38.9 million trademark infringement verdict against Beyond Meat Inc. for an advertising campaign that used the slogan "Great Taste, Plant Based" after finding that the trademark owner failed to prove all of its damages.

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Teddy's Says Buc-ee's TM Campaign Violates Antitrust Law

By Lauren Berg

Teddy's Market has escalated its counterclaims against Buc-ee's in Georgia federal court with allegations of antitrust violations, claiming the travel-center chain uses trademark infringement lawsuits to unlawfully expand its control over cartoon-animal branding in the convenience store industry.

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Kraft Heinz Says Insurers Won't Cover Processed Food Suits

By Danielle Ferguson

Chubb units and Liberty Mutual are wrongfully refusing to cover Kraft Heinz's defense costs for several lawsuits blaming the food company's "ultra-processed foods" for consumers' diabetes or fatty liver disease diagnoses, costing the company millions of dollars, Kraft Heinz said in a Pennsylvania state court complaint.

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Mass. Judge Trims Law Student's Everclear 'Fireball' Burn Suit

By Jonathan Capriel

A Massachusetts federal judge trimmed a Boston University student's lawsuit seeking to hold the spirits company behind Everclear liable for the "life-altering burns" she suffered when its 190-proof grain alcohol allegedly caused a fireball at a frat party.

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POLICY & REGULATION

Brief

Malaysia, Indonesia Dumping Fatty Acids, Commerce Finds

By Dylan Moroses

The U.S. Department of Commerce found that certain fatty acids imported from Malaysia and Indonesia have been sold at less than fair value, according to notices published Monday. 

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LITIGATION

Costco Says It Didn't Say 'Zero Heavy Metals' In Protein Powder

By Jonathan Capriel

"Good, clean nutrition" doesn't actually mean "free of lead," Costco Wholesale Corp. told a Washington federal court on Friday as it pushed for dismissal of a proposed class action claiming its Orgain protein powders contained dangerous levels of toxic heavy metals.

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Target Says It Had No Duty To Investigate Formula For Taint

By Mike Curley

Target Corp. is again urging a Washington federal court to throw out a couple's claims that it sold tainted baby formula that gave their child infant botulism, saying it's protected by state law and had no duty to independently investigate its suppliers.

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Ex-NJ Utility Worker Gets 3 Years For False Water Reports

By Carla Baranauckas

A former employee of the water utility for Trenton, New Jersey, was sentenced to three years in state prison after admitting he falsified water testing records and failed to collect required samples while working for the public utility, New Jersey Attorney General Jennifer Davenport said Monday.

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FedEx Seeks High Court Review Of 6th Circ. Pension Ruling

By Katherine Smith

FedEx has asked the U.S. Supreme Court to review the Sixth Circuit's decision to revive two proposed class actions alleging Kellogg's and FedEx's outdated actuarial assumptions shortchanged joint-and-survivor benefits for retirees, claiming the circuit court's "erroneous" interpretation of federal benefits law warrants high court review.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week dismissed a challenge to Alteryx Inc.'s $4.4 billion take-private sale, resolved a fight over the removal of a security technology company's director and declined to let Empery Digital Inc. immediately appeal a proxy contest ruling.

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BANKRUPTCY

Yardbird Southern Dining Chain Hits Ch. 11 With $50M Debt

By Vince Sullivan

Elevated casual dining chain Yardbird Group LLC filed for Chapter 11 protection Monday in Delaware, listing $25 million of secured debt obligations and another $25 million in unsecured claims as it pursues a sale of its business.

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PEOPLE

Sidley Lands Life Sciences Pair From King & Spalding

By Rose Krebs

Sidley Austin LLP announced Monday that it has brought on two attorneys from King & Spalding LLP to bolster its capacity to handle life sciences-related litigation and regulatory matters involving the U.S. Food and Drug Administration.

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LEGAL INDUSTRY

Legal Deserts: Millions Across America Struggle To Access Lawyers

Tens of millions of Americans live in towns and counties across the nation with limited or no access to legal services. By one estimate, at least a third of the nation's counties qualify as a "legal desert," having only one or no attorney per 1,000 residents. Roughly 24 million Americans reside in these counties.

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Greenberg Traurig Hit With Action Over Client Data Breach

By Matt Perez

A proposed class of Greenberg Traurig LLP clients said the New York law firm failed to secure their personal data prior to a preventable data breach and delayed notifying clients of the breach for two weeks, in an action filed over the weekend in New York federal court seeking injunctive and other equitable relief to protect client data.

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Tesla Atty Misled Witness Days Before Bias Trial, Judge Hears

By Dorothy Atkins

The California Civil Rights Department asked a California judge for a protective order Monday on the first day of a bench trial over claims Tesla Inc. fostered racism at its Fremont factory, after a witness testified that an in-house Tesla attorney recently called him and misled him into believing he represented the agency.

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New Calif. Law Bars Legal Funders From Influencing Litigation

By Jack Karp

Corporate investors and litigation funders will be barred from influencing litigation strategy in California under a new bill signed by Gov. Gavin Newsom.

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Q&A

She Has A Point: Fenwick's Jessica Kaempf

By Theresa Schliep

Jessica Kaempf of Fenwick & West LLP is a pragmatic yet tenacious attorney whose representation of her clients has earned her plaudits from Kathi Vidal of Winston Taylor, who praised Kaempf as part of a Law360 series celebrating women litigators.

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$1.35M Class Deal Reached Over Botched Calif. Bar Exam

By Emily Johnson

Takers of the February 2025 California bar exam that was marred by technical failures have agreed to settle their proposed class action against the proctor for $1.35 million, while the company also agreed to complete quality checks before proctoring future bar examinations, according to a motion seeking preliminary approval in federal court.

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Ex-Prosecutor Escapes Jan. 6 Atty's Defamation Suit

By Jared Foretek

Former federal prosecutor Andrew Weissmann on Monday won judgment on the pleadings in a defamation case brought by attorney Stefan Passantino, who had represented Cassidy Hutchinson, after Passantino alleged Weissmann had defamed him when saying he'd "coached" Hutchinson "to lie" to the January 6th Select Committee.

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COMPANIES IN TODAY'S NEWS

APC

Alteryx Inc.

Beyond Meat Inc.

Boston University

Buc-ee's Ltd.

Burger King Holdings Inc.

ByHeart Inc.

Carrols Restaurant Group Inc.

City National Bank

Clearlake Capital Group LLC

Consumer Attorneys of California

Costco Wholesale Corp.

Dairy Farmers of America Inc.

Databricks Inc.

Dunkin' Brands Group Inc.

Evercore Inc.

FedEx Corp.

General Mills Inc.

Home Box Office Inc.

Inovalon Holdings Inc.

Insight Venture Management LLC

JPMorgan Chase & Co.

Jefferies Financial Group Inc.

Kellogg Co.

Liberty Mutual Insurance Group

LinkedIn Corp.

Mobileum Inc.

Nara Organics Inc.

Nestle SA

New York University

Nordic Capital Ltd.

Orgain Inc.

Restaurant Brands International Inc.

Starbucks Corp.

State Bar of California

Target Corp.

Tesla Inc.

The Kraft Heinz Co.

University of Virginia

Washington & Lee University

Wells Fargo & Co.

LAW FIRMS IN TODAY'S NEWS

Arenson Dittmar

Ashurst Perkins

Baker Donelson

Binnall Law Group

Buchalter LLP

Cotchett Pitre

Dentons

Desmarais LLP

Dunn Isaacson Rhee

Esbrook PC

Faegre Drinker

Fenwick & West

Goulston & Storrs

Greenberg Traurig

Hagens Berman

Hannon Lerner

Hecht Partners

Heinlein Beeler

Hogan Lovells

Izard Kindall

Jenner & Block

Johnson Fistel

K&L Gates

Kent & Risley

King & Spalding

Levi & Korsinsky

Mayer Brown

Michael Best & Friedrich

Morgan Lewis

Motley Rice

Munger Tolles

Polsinelli PC

Potomac Law Group

Potter Anderson

Sauder Schelkopf

Selendy Gay

Sidley Austin

Siri & Glimstad

Smith Duggan

Squire Patton

Stris & Maher

Thompson Coburn

Troutman

Tycko & Zavareei

Winston Taylor

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Civil Rights Department

Delaware Court of Chancery

Equal Employment Opportunity Commission

Food and Drug Administration

International Trade Administration

New Jersey Attorney General's Office

New Jersey Court

U.S. Bankruptcy Court for the District of Delaware

U.S. Department of Agriculture

U.S. Department of Commerce

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

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 New York

U.S. District Court for the Western District of Washington

U.S. Marine Corps

U.S. Patent and Trademark Office

U.S. Supreme Court