Fox Corp.'s legal adviser Weil Gotshal & Manges LLP and Roku Inc.'s counsel Goodwin Procter LLP are guiding a deal for Fox to acquire Roku at a $22 billion valuation, creating one of the largest streaming businesses in the U.S., according to a Monday deal announcement.
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TOP NEWS

Weil, Goodwin Advise On Fox Corp.'s $22B Roku Deal

By Al Barbarino

Fox Corp.'s legal adviser Weil Gotshal & Manges LLP and Roku Inc.'s counsel Goodwin Procter LLP are guiding a deal for Fox to acquire Roku at a $22 billion valuation, creating one of the largest streaming businesses in the U.S., according to a Monday deal announcement.

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Tyra Banks Sues Netflix For 'False Narrative' In 'Top Model' Doc

By Hailey Konnath

Tyra Banks has filed a defamation suit against Netflix, which she said constructed a "false narrative" in its docuseries about the supermodel's hit television show "America's Next Top Model," including suggesting that a young woman on the show was sexually assaulted and Banks did nothing.

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Carlton Fields Pushes To Be Involved In Miss America Hearing

By Madison Arnold

Carlton Fields pushed back Monday on a request from the CEO of Miss America and companies linked to the pageant to bar a firm attorney from a status conference in their litigation over Miss America's bankruptcy and filed a motion to intervene in the case.

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Judge Tosses XAI Trade Secret Case Against OpenAI

By Ivan Moreno

A California federal judge on Monday dismissed xAI Corp.'s trade secret lawsuit against OpenAI without leave to amend, finding that despite updating its complaint once previously, the company still failed to plausibly allege that OpenAI knowingly obtained or used confidential information from former xAI employees.

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Law Firm Can't Revive Social Media Defamation Suit In NJ

By Jake Maher

A New Jersey state appeals court shot down a law firm's social media defamation suit against a former client on Monday under a state law designed to protect litigants from meritless lawsuits filed to discourage free speech.

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Pulitzer Board Says Trump Suit Should Wait Until Term Ends

By David Minsky

Pulitzer Prize Board members Monday asked a Florida court to pause President Donald Trump's defamation case until the end of his term and reject a request for more time to provide records, arguing he missed an agreed-upon deadline despite receiving multiple extensions due to official duties.

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Bestselling Memoir Author Wants Privacy Suit Tossed

By Y. Peter Kang

Investor Amy Griffin hit back Monday at accusations lodged by a childhood acquaintance that the author "lifted" memories of a middle school sexual assault and used them in her bestselling memoir, "The Tell," telling a California state judge the privacy claims fail under the state's anti-SLAPP law.

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DEALS

Analysis

No Longer Sidelined, Private Equity Firms Bet Big On Sports

By Chris Villani

With a limited number of major professional sports teams for sale and astronomical valuations leaving a high barrier to entry, experts say college sports and emerging leagues are providing opportunities for private investment, and the rapidly shifting rules are creating compliance challenges for attorneys.

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PRIVACY & CONSUMER PROTECTION

Justice Alito Asks Texas To Respond To App Store Order Brief

By Spencer Brewer

U.S. Supreme Court Justice Samuel Alito on Monday asked the Texas attorney general to respond to a bid by a tech industry group and a student advocacy group seeking to reinstate an order blocking a Texas law that requires app store owners to verify users' ages and block minors from downloading apps without parental consent.

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Disney And YouTube Defeat Kids' Data Privacy Suit, For Now

By Craig Clough

A California federal judge on Monday tossed a proposed class action alleging Disney and YouTube allowed advertisers to illegally collect minors' personal information, saying the plaintiffs failed to list any specific videos they viewed that led to the improper collection of their data, but allowed them leave to amend the complaint.

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Pa. School, AI Cos. Sued Over Deepfakes Of Female Students

By Rae Ann Varona

Over a dozen parents and their daughters sued a Pennsylvania private school and several unnamed artificial intelligence companies in federal court Monday, alleging the school sat by as male students used artificial intelligence to generate hundreds of sexually explicit "deepfake" images of at least 59 minor female students.

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Fla. AG Sues TikTok Over Minors' Access, 'Unsafe' Content

By Allison Grande

TikTok is violating Florida's restrictions on social media use and engaging in deceptive business practices by allowing young users unfettered access to the platform and failing to inform consumers about the short-form video app's allegedly addictive nature and "large amounts" of inappropriate content, the state's attorney general alleged in a lawsuit announced Monday.

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COMPETITION

DOJ Prepares To Seek Approval For Live Nation Deal

By Matthew Perlman

The U.S. Department of Justice is preparing to seek approval for its controversial midtrial settlement with Live Nation, according to recent court filings, as state enforcers continue pressing for a breakup of the company after a jury found it violated antitrust law.

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Brief

Facebook Users Ask 9th Circ. To Fix Jury Role 'Usurpation'

By Nadia Dreid

The Ninth Circuit must undo a lower court's ruling that killed an antitrust suit brought by Facebook users after the district court judge found the novel theory propping up the suit held no water, the users have said, and that Facebook's parent company cannot defend the lower court's "usurpation of the jury's role."

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SECURITIES & WHITE COLLAR

Trump Calls Ex-Judges' Bid To Reopen IRS Case 'Baseless'

By Jack McLoone

President Donald Trump pushed back on a group of former federal judges' claim that the settlement closing his $10 billion suit against the IRS was a result of fraud against a Florida federal court, attacking their motion to reopen the suit as "baseless" and legally dubious.

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TELECOMMUNICATIONS

FCC Says ISP Can Nix Rural Buildout Plan In Arkansas

By Nadia Dreid

Wisper, an internet service provider that has taken over other companies' Connect America Fund projects in the past, received the Federal Communications Commission's permission Monday to ditch some Rural Digital Opportunity Fund obligations of its own in Arkansas.

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'Delete' Cuts Didn't Trigger Public Notice Rules, FCC Says

By Christopher Cole

The Federal Communications Commission said Monday it did not find enough resistance to a round of deregulatory cuts last fall to justify requiring the agency to provide notice and a chance for the public to weigh in further.

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FCC Urged To Revisit Verizon's $1B Array Spectrum Buy

By Christopher Cole

Multiple groups want the Federal Communications Commission to reconsider its staff decision to approve Verizon's roughly $1 billion purchase of spectrum rights from onetime rival UScellular, questioning why the full commission did not vote on the deal.

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No Need To Speed Up C-Band Deployments, FCC Told

By Nadia Dreid

It's not necessary for the Federal Communications Commission to push companies to deploy in the upper C-band — once it's cleared out — any faster than it did when it opened up the lower C-band in 2020, according to a wireless industry trade group.

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Network Cos. Call For Bill To Expand Broadband On Railroads

By Christopher Cole

High-speed network providers are pressing Congress to advance legislation that would expand broadband along freight railroads by touting the benefits of AI-driven inspections and real-time rail monitoring.

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PERSONAL INJURY & MEDICAL MALPRACTICE

Ga. Appeals Court Reinstates Six Flags Wrongful Death Suit

By Kelcey Caulder

Six Flags Over Georgia must face a wrongful death action filed by the husband of a former "scare actor" who died when she fell out of a cargo van during Halloween festivities at the park, a Georgia appeals court ruled Monday.

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COMPLIANCE

Feds Say NYT Boat Strike Video Request Risks Security Harm

By Tom Lotshaw

The U.S. Department of Defense told a New York federal judge on Friday it had rightly refused to provide footage from several military strikes on boats in the Pacific and Caribbean to The New York Times to protect national security.

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EXPERT ANALYSIS

Meta's AI Deals Test Scope Of China M&A Scrutiny

The Chinese government's recent approval of Meta's purchase of an AI and robotics company, shortly after blocking a similar deal, raises questions about how far China's legal authority extends over foreign companies connected to China, and highlights the regulatory and compliance risks involved in cross-border acquisitions of AI businesses, says Minda Huang at TsingLaw Partners.

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LEGAL INDUSTRY

3 Things To Know About Trump's Pick To Lead SDNY

By Daniel Moritz-Rabson

President Donald Trump has announced that he plans to appoint Sullivan & Cromwell LLP partner James M. McDonald to lead the Southern District of New York. Here are three things to know about him.

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Trump Personal Atty In Carroll Cases Confirmed To 8th Circ.

By Courtney Bublé

The Senate voted 48-43 on Monday evening to confirm Justin Smith, who represented the president in the defamation and sexual abuse cases brought by writer E. Jean Carroll, to the U.S. Court of Appeals for the Eighth Circuit.

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Hagens Berman Must Cover Fees After Misconduct Findings

By Adrian Cruz

Hagens Berman Sobol Shapiro LLP must cover the fees and costs of a special master who alleged the firm committed misconduct in product liability litigation over the morning sickness drug thalidomide, a Pennsylvania federal judge has said.

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Analysis

Newman's Appeal Loss Shows Limits On Suspension Reviews

By Ryan Davis

The U.S. Supreme Court's rejection on Monday of Federal Circuit Judge Pauline Newman's appeal in the long-running dispute over her suspension made clear that the available routes to challenge such orders are narrow, and spurred critics to contemplate ways to revise the system.

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Justices Turn Down Judge Newman's Suspension Case

By Ryan Davis

The U.S. Supreme Court on Monday rejected Federal Circuit Judge Pauline Newman's effort to revive her lawsuit against her colleagues for suspending her, leaving intact a D.C. Circuit decision that her challenges to the order are not subject to judicial review.

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Attys Want Up To $33M In Long-Running UBH Benefits Fight

By Kellie Mejdrich

Attorneys for employee benefit plan participants who sued to change how United Behavioral Health processed claims for mental health and substance use disorder treatment asked a California federal court for up to $33 million in fees and expenses for their work on the "groundbreaking" case.

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Ex-SEC Atty Reprimanded Over Misstatements In Crypto Case

By Julie Manganis

A former U.S. Securities and Exchange Commission attorney has received a public reprimand for misleading a judge in a cryptocurrency fraud case that led to sanctions against the agency.

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Barnes & Thornburg Profit-Share Admin Wants Legal Bills Paid

By James Boyle

A company that oversaw recordkeeping duties of Barnes & Thornburg LLP's profit-sharing plan says in a complaint in Pennsylvania state court it is owed legal fees over a previous suit filed by a former firm partner.

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FBI Misplaced Nadine Menendez's Jewelry, Judge Told

By Parker Quinlan

An attorney for Nadine Menendez on Monday told a Manhattan federal judge that the FBI is still unable to locate pieces of her jewelry seized as part of the investigation that led to Menendez and her husband, former U.S. Sen. Bob Menendez of New Jersey, being convicted of participating in a bribery scheme.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled disputes involving shareholder voting rights, take-private transactions, merger disclosures, board control battles and investor litigation, while the Delaware Supreme Court heard arguments over the wind-down of an oil-and-gas investment fund.

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COMPANIES IN TODAY'S NEWS

AT&T Inc.

Amazon.com Inc.

Apollo Global Management LLC

Apple Inc.

Aristotle Unified Communications

Association of American Railroads

Authentic Brands Group LLC

B. Riley Financial Inc.

Blue Ridge Capital LLC

Boston College

CTIA

Cloudflare Inc.

Computer & Communications Industry Association

Discord Inc.

EE Ltd.

Elevate

Elliott Investment Management LP

Federation Internationale de Football Association

Ford Motor Co.

Fox Corp.

GSK PLC

Google LLC

Guess Inc.

HDR Global Trading Ltd.

International Association of Better Business Bureaus Inc.

JPMorgan Chase & Co.

League One Volleyball Inc.

LinkedIn Corp.

Live Nation Entertainment Inc.

Major League Baseball Inc.

Marriott International Inc.

Meta Platforms Inc.

Morgan Stanley

NASCAR Digital Media LLC

National Collegiate Athletic Association

National Holdings Corp.

Netflix Inc.

New Civil Liberties Alliance

Ohio State University

OpenAI OpCo LLC

Otis Worldwide Corp.

Penguin Random House LLC

RedBird Capital Partners

Roku Inc.

Rural Wireless Association

SPAR Group, Inc.

Sanofi

Six Flags Entertainment Corp.

Slack Technologies Inc.

StubHub Inc.

The Charles Schwab Corp.

The New York Times Co.

The PNC Financial Services Group Inc.

The Walt Disney Co.

TikTok Inc.

TopBuild Corp.

Trump Organization Inc.

UnitedHealth Group Inc.

Universal Service Administrative Co.

University of Virginia

Verizon Communications Inc.

Wisper Internet

YouTube Inc.

LAW FIRMS IN TODAY'S NEWS

Ahdoot & Wolfson

Arnold & Porter

Ballard Spahr

Barnes & Thornburg

Bondurant Mixson

Brito PLLC

Carlton Fields

Clare Locke

Cooley LLP

Cooper & Kirk

Cozen O'Connor

Cravath Swaine

Croke Fairchild

Crowell & Moring

Davis Wright Tremaine

Demeo LLP

Drew Eckl

Duane Morris

Foley Hoag

Goodwin Procter

Hagens Berman

Haynes Boone

Huff Powell

Kelley Drye

Kellogg Hansen

King & Spalding

Kline & Specter

Kluger Kaplan

Latham & Watkins

Law & Moran

Lento Law Group

Mahaffey Pickens

Martorell Law

Mayer Brown

McGrew Miller

Mike Scott Law

Milberg PLLC

Morgan Lewis

Morrison & Foerster

Munger Tolles

Pashman Stein

Paul Hastings

Psych-Appeal Inc

Quinn Emanuel

Reed Smith

Rivero Mestre

Saxton & Stump

Seyfarth Shaw

Shook Hardy

Sidley Austin

Stris & Maher

Sullivan & Cromwell

Susman Godfrey

Thompson Hine

Troutman

Weber Crabb

Weil Gotshal

Wilkinson Stekloff

Willkie Farr

WilmerHale

Wilson Sonsini

Winston Taylor

Zuckerman Spaeder

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Public Utilities Commission

Committee on Foreign Investment in the United States

Commodity Futures Trading Commission

Commonwealth of Massachusetts

Delaware Court of Chancery

Executive Office of the President

Federal Aviation Administration

Federal Bureau of Investigation

Federal Communications Commission

Federal Trade Commission

Florida Supreme Court

Georgia Court of Appeals

Internal Revenue Service

Massachusetts Board of Bar Overseers

Missouri Department of Agriculture

New Jersey Court

New York State Assembly

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Defense

U.S. Department of Justice

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

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

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

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

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

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Nevada