Authors Push For OpenAI Counsel Talks On Pirated Books
By Elliot Weld
A class of authors suing OpenAI over copyright infringement claims has asked a Manhattan federal judge to leave in place a magistrate judge's order for the artificial intelligence startup to turn over its in-house attorneys' communications regarding the deletion of a set of pirated books that were allegedly used to train ChatGPT.
Memorandum attached |
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OPM Must Face DOGE Data Access Suit
By Bonnie Eslinger
A New York federal judge has denied the U.S. Office of Personnel Management's bid to end a lawsuit claiming it unlawfully gave employment records to President Donald Trump's Department of Government Efficiency, saying its assertion that the alleged privacy law violation "effects" have been "eradicated" is unsupported by the record.
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POLICY & REGULATION
EMPLOYMENT
SECURITIES & WHITE COLLAR
HEALTH
BANKING
New Class Action Claims CIBC, RBC Rigged Quantum Shares
By Katryna Perera
A Quantum Biopharma investor has filed a proposed class action against several major Canadian banks, accusing them of running a spoofing scheme for years that artificially drove down Quantum's stock price — flooding exchanges with fake sell orders to mislead the market and buy shares at deflated prices, costing ordinary shareholders millions.
Complaint attached |
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CANNABIS
21 AGs Support Gun Ban For Cannabis Users
By Jonathan Capriel
A federal law that prohibits habitual drug users from possessing firearms is constitutional and necessary for public safety, a coalition of attorneys general from 20 states and Washington, D.C., told the U.S. Supreme Court, urging the justices to overturn a finding that the law violates the Second Amendment except when a user is actively intoxicated.
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PEOPLE
EXPERT ANALYSIS
The Major Securities Litigation Rulings And Trends Of 2025
The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.
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LEGAL INDUSTRY
Catching Up With Delaware's Chancery Court
By Jeff Montgomery
Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.
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