Feds' NY RICO Case Against Huawei Packs A Punch, Jury Told
By Stewart Bishop
The Brooklyn federal jury in the landmark corporate criminal trial of Huawei on Wednesday heard a prosecutor say they'll have an insider's view of the company's vast criminal operations that relied on stolen trade secrets to grow and kept banks in the dark about its sanctions compliance, while a top executive's deal with the government will seal the fate of the Chinese telecommunications giant.
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POLICY & REGULATION
LITIGATION
Klarna Wants Out Of Investor Action Over Loan Risks
By Sydney Price
Payments company Klarna Group PLC has asked a New York federal court to dismiss it from an investor suit accusing it of damaging shareholders by failing to disclose losses associated with its "buy now, pay later" loans ahead of its 2025 initial public offering, saying its projections were neither inaccurate nor misleading.
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DEALS
ENFORCEMENT
PEOPLE
EXPERT ANALYSIS
AI Note-Taking Suits May Fill Gap In Privacy Law Structure
A recent class action against Granola joins other pending lawsuits against AI note-taking providers, highlighting the legal uncertainty surrounding these tools, but there are practical steps companies using "invisible" AI services can take to mitigate risk, including conducting inventories and reviewing access permissions, say attorneys at Barnes & Thornburg.
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LEGAL INDUSTRY
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