Artificial intelligence-powered stablecoin neobanking platform Fasset on Monday revealed that it reached a $1 billion valuation after closing its latest funding round with $68 million in tow.
Artificial intelligence-powered stablecoin neobanking platform Fasset on Monday revealed that it reached a $1 billion valuation after closing its latest funding round with $68 million in tow.
Biopharmaceutical company Werewolf Therapeutics and clinical-stage biotechnology firm Ambros Therapeutics have agreed to merge in an all-stock deal built by three law firms, and includes $150 million in private funding.
Drone-maker Aevex Corp. has been accused in a shareholder's proposed class action of abruptly ending share restrictions after its April initial public offering, allowing a major stakeholder to profit while the company lost $900 million in market share due to a resulting decline in share price.
Connecticut's attorney general announced a second settlement with the landlord of a 544-unit apartment site to resolve an investigation into unsafe conditions at the property, a deal that comes after the owner paid out $5.1 million in February to compensate tenants for problems at the complex.
Former ATI employees will ask the Third Circuit to reopen a proposed class action alleging the aerospace company put their retirement benefits at risk by converting $1.5 billion in pension obligations to insurance-backed annuities, according to a filing in Pennsylvania federal court.
Allen Overy Shearman Sterling announced Monday that it has strengthened its transactional capabilities with an Austin-based partner who came aboard from Morrison Foerster LLP.
The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.
During a break in a jury trial Monday over states' claims Meta hid social media's harm, states' counsel urged a California federal judge to require Meta to re-review all of its attorney-client privilege designations, arguing that "it seems actually logically impossible" that Meta described the wrong standard in only a single document.
A voting rights nonprofit is accusing the U.S. Department of Justice of stonewalling a request for records on the Trump administration's attempted "anti-weaponization fund," claiming that the agency has spent the summer unlawfully ducking a Freedom of Information Act submission.
A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to finding potential victims of water contamination at Marine Corps Base Camp Lejeune.
Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that brought the suit failed to plead a viable RICO claim.
