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.
Memorandum attached |
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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
DOJ Says Berkeley Law Is Racially Biased In Admissions
By Craig Clough
The U.S. Department of Justice and the U.S. Department of Education said Wednesday that the University of California, Berkeley School of Law discriminated against white and Asian applicants in its 2024 and 2025 admissions cycles by preferring Black applicants because of their race, violating federal civil rights law and recent U.S. Supreme Court precedent.
Letter attached |
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Sugar Buyers Want Paul Weiss DQ'd From Price-Fixing MDL
By Dorothy Atkins
Hershey, J.M. Smucker and other food makers urged a Minnesota federal judge Tuesday to disqualify Paul Weiss Rifkind Wharton & Garrison LLP from representing Domino Foods in sugar price-fixing multidistrict litigation, arguing the firm is conflicted out because it saw their confidential sugar-purchasing data when it was being considered as plaintiffs' counsel.
Motion attached |
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