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TOP NEWS
Microsoft Brass Face Investor Suit Over AI Business Hype
By Katryna Perera
A Microsoft Corp. shareholder has launched a derivative suit against the company's top brass, claiming they misled shareholders about the company's artificial intelligence business strategy and products, and caused it to violate copyright and intellectual property laws by "training its AI software on copyrighted works for which it did not possess lawful licenses."
Complaint attached |
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LITIGATION
Big Pharma Cos. Want 340B Drug Price FCA Suit Tossed
By Craig Clough
Four major pharmaceutical companies Wednesday urged a California federal court to toss False Claims Act allegations revived by the Ninth Circuit claiming they filed false ceiling prices for drugs and overcharged entities covered by a federal discount program, saying the suit is precluded by the FCA's public disclosure bar.
Memorandum attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
Del. Magistrate Orders JPMorgan To Advance Javice Fees
By Jarek Rutz
The Delaware Chancery Court ruled Thursday that JPMorgan Chase & Co. must advance millions more in disputed legal fees to cover the appeal of the convicted founder of college financial aid startup Frank, concluding the bank failed to meet Delaware's demanding standard for withholding advancement by showing the billing requests reflected "clear abuse."
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