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Technology
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May 29, 2025
Wells Fargo Settles Suit Over Online Wire Fraud Protections
Wells Fargo has settled a proposed class action alleging it failed to properly investigate and reimburse mobile banking customers who reported scammers stole money from their accounts through fraudulent wire transfers, according to a notice filed Wednesday in California federal court.
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May 29, 2025
For-Profit School Sued Over Thompson Coburn Leak Notices
A for-profit college operator is facing a proposed class action in Alabama federal court, alleging it failed to properly secure its data and notify students in a timely manner that its law firm, Thompson Coburn LLP, had been hit with a cyberattack causing a data breach of sensitive records.
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May 29, 2025
Kilpatrick Tech Ace Returns To Nelson Mullins In Atlanta
Nelson Mullins Riley & Scarborough LLP has brought back a Kilpatrick Townsend & Stockton LLP partner to its Atlanta office, strengthening its corporate practice and its tech industry group with an experienced technology and privacy attorney, the firm announced Thursday.
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May 29, 2025
Digital Health Startup Omada Launches Plans For $150M IPO
San Francisco-based virtual healthcare provider Omada Health on Thursday filed plans with U.S. regulators for a $150 million initial public offering, the proceeds of which will be used for general corporate purposes.
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May 29, 2025
Foley & Lardner-Led Five Elms Lands $1.1B For 6th Fund
Five Elms Capital, advised by Foley & Lardner LLP, has clinched its sixth fund after securing $1.1 billion in committed capital, marking the largest fundraise in the software-focused growth equity firm's history.
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May 30, 2025
CORRECTED: Pa. Justices Keep Block On Voting Machine Data-Sharing
Pennsylvania's Supreme Court left intact a lower court's ruling that blocked a county from sharing data it gleaned from unauthorized third-party inspections of its voting machines after the 2020 election. Correction: An earlier version of this story misstated which Commonwealth Court order was affirmed. The error has been corrected.
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May 29, 2025
Intel Convinces Texas Jury That Fortress Controls VLSI
A Texas federal jury on Thursday found that Fortress Investment Group controls both VLSI Technology and Finjan Holdings, and a judge will now decide whether that means Intel can escape findings that it infringed VLSI's patents by invoking its license with Finjan.
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May 29, 2025
NYT, Amazon Reach Licensing Deal To Use Content For AI
The New York Times and Amazon have reached a licensing deal for the tech and online retail giant to use the newspaper's editorial content on its artificial intelligence platforms, the companies announced Thursday.
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May 29, 2025
Grammarly Secures $1B To Expand Reach, Boost AI Platform
Writing assistance tool provider Grammarly on Thursday revealed it had received a $1 billion investment from private equity shop General Catalyst, which will be used to help boost sales and marketing as well as extend the reach of its new artificial intelligence productivity platform.
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May 29, 2025
Shein Eyes HK Listing After London Snag, Plus More Rumors
Fast-fashion retailer Shein intends to list in Hong Kong after its plans to go public in London fell apart, messaging app Telegram is set to raised $1.7 billion through an upsized bond offering, while Elon Musk's Neuralink Corp. raised $600 million in a deal that values the brain-implant startup at $9 billion.
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May 29, 2025
Fiber Developer Tilson Hits Ch. 11 With Over $100M In Debt
Fiber network developer Tilson Technology Management Inc. and affiliates filed for Chapter 11 protection in Delaware bankruptcy court Thursday with $100 million to $500 million in debt, claiming a client's recent failure to pay the company for work it performed had left it starved of cash and new investment.
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May 28, 2025
Intel Pushes Fortress, VLSI On Financial Control Limits
Intel Corp. tried to convince an Austin federal jury Wednesday that Fortress Investment Group's power to say "no" when VLSI Technology LLC requests money, among other override authorities, makes clear who has actual control over VLSI's finances, even if that "no" has never been invoked.
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May 28, 2025
Insurers Get Meta MDL Coverage Fight Kicked Back To Del.
A California federal judge has ruled that Meta Platforms' sprawling dispute with dozens of insurers over coverage for personal injury multidistrict litigation belongs in Delaware state court, where two Hartford Insurance Group units first sued, rejecting Meta's claims Hartford acted in bad faith in suing in Delaware, along with other arguments.
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May 28, 2025
LADS Copyright Registration Error Revives Suit Against Agilis
The Eighth Circuit on Wednesday revived LADS Network Solutions Inc.'s lawsuit accusing Agilis Systems LLC of infringing its copyrighted software, saying there is a "genuine dispute" on whether inaccurate information in LADS copyright registration makes it invalid.
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May 28, 2025
Wellness App User Must Arbitrate Video Data-Sharing Suit
A California federal judge has shipped to arbitration a proposed class action accusing the operators of the meditation app Balance of unlawfully sharing subscribers' video-viewing data and other personal information with a third-party software provider, finding that the user leading the suit had agreed to arbitrate his claims when signing up for the service.
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May 28, 2025
EchoStar Says FCC Should Not Question Buildout Extension
Echostar Corp. says the FCC has created a "dark cloud of uncertainty" by opening the door to comments about whether the agency should have given the company an extension on its deadline for building a broadband service using spectrum it acquired for its open RAN network plan.
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May 28, 2025
Judge Says Nokia Might Have License In AT&T 5G Patent Case
A Texas federal magistrate judge has recommended that the Eastern District of Texas reject an Irish company's effort to defeat Nokia's argument that it couldn't have infringed a telecommunications patent because it has a license from the patent's former owner.
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May 28, 2025
5 Federal Circuit Clashes To Watch In June
The Federal Circuit will hear cases in June that include an attempt to revive and expand a discarded $64 million trade secrets judgment against Goodyear, and a dispute between drugmakers Acorda and Alkermes that asks when licensees who pay royalties on expired patents can get a refund in arbitration.
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May 28, 2025
Slots Co. Says Ga. Lottery Stacked Deck In License Row
A holder of Peach State slot machine licenses urged a Georgia appellate court Wednesday to revive a suit that tried to force the state's lottery corporation to honor its own hearing officer's directive permitting the company to transfer its rights to another business.
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May 28, 2025
FTC Orders Divestitures Before $35B Synopsys-Ansys Merger
The Federal Trade Commission said Wednesday that software companies Synopsys and Ansys will be required to divest certain assets, including Synopsys' optical software tools and Ansys' power consumption analysis tool, in order to move forward with their planned $35 billion merger.
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May 28, 2025
FCC Urged To Reject Waiver For Alaska Plan Mapping
The Federal Communications Commission ought not lower its standards for telecoms hoping to receive federal dollars in order to bring high-speed internet to Alaska, according to a trade group, who is arguing the end result would simply be worse service for Alaskans.
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May 28, 2025
SG Backs Cox's High Court Bid In Music Copyright Battle
The U.S. solicitor general has pressed the U.S. Supreme Court to review a Fourth Circuit ruling affirming a contributory copyright infringement verdict against Cox Communications Inc., saying the circuit court's "sweeping view" of that kind of infringement can have downstream effects on internet access.
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May 28, 2025
NJ Pot Shop Says Payment Processor Is Withholding Funds
A New Jersey dispensary is urging a federal court to order two electronic payment processors and a Florida bank to give back $273,820 of its money, claiming that if the cash is not released in short order the cannabis shop will become insolvent.
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May 28, 2025
Va. Ruling Undercuts Railroads' Broadband Suit, 4th Circ. Told
Virginia's attorney general is looking to turn a state court loss into a federal court win, telling the Fourth Circuit that a recent Virginia Supreme Court decision curbing a new law that eases access for broadband providers on railroad property actually diminishes a railroad industry association's standing.
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May 28, 2025
Influencers Settle IP Dispute Over 'Beige' Aesthetic
Two influencers have reached a settlement of a copyright and trade dress dispute in which one accused the other of ripping off her "beige" social media aesthetic in posts on Instagram and TikTok promoting products on Amazon.
Expert Analysis
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What Financial Intermediaries Can Expect From New Admin
Understanding the current regulatory landscape of consumer financial services — and anticipating how it might evolve under Trump 2.0 — is essential for brokers, lead generators and digital platforms, and they should consider strategies for managing regulatory uncertainty, say attorneys at Sheppard Mullin.
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Expect Continued Antitrust Enforcement In Procurement
The scope of federal antitrust enforcement under the second Trump administration remains uncertain, but the Procurement Collusion Strike Force, which collaborates with federal and state agencies to enforce antitrust laws in the government procurement space, is likely to remain active — so contractors must stay vigilant, say attorneys at Ballard Spahr.
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In-House Counsel Pointers For Preserving Atty-Client Privilege
Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.
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What Banks Need To Know About Trump's Executive Orders
While the numerous executive orders and memos from the last few weeks don't touch on many of the issues the banking industry expected the Trump administration to address, banks still need to pay attention to the flurry of orders from strategic, compliance and operational perspectives, say attorneys at Arnold & Porter.
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CFPB's Message To States Takes On New Weight Under Trump
The Consumer Financial Protection Bureau's January guidance to state enforcers has fresh significance as the Trump administration moves to freeze the bureau's work, and industry should expect states to use this series of recommendations as an enforcement road map, say attorneys at Brownstein Hyatt.
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Series
Collecting Rare Books Makes Me A Better Lawyer
My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.
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DeepSeek AI Investigation Could Lead To IP Law Precedents
The investigation by OpenAI and Microsoft into DeepSeek's artificial intelligence model raises interesting legal concerns involving intellectual property and contract law, including potential trade secret appropriation and fair use questions, say Saishruti Mutneja and Raghav Gurbaxani.
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What NHTSA's Autonomous Vehicle Proposal Means For Cos.
The National Highway Traffic Safety Administration's recently proposed framework for review and oversight of vehicles equipped with automated driving systems offers companies a more flexible, streamlined approach to regulatory approvals for AVs, including new exemption pathways, assessments by independent experts and other innovations, say attorneys at Covington.
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Guidance For Cos. Balancing Web Scraping And Privacy
The European Data Protection Board's recent Opinion 28/2024, which clarifies how web scraping can be implemented under the General Data Protection Regulation while respecting data privacy, offers insights for companies navigating this intersection of AI innovation and privacy laws, says Jo Levy at the Norton Law Firm.
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Opinion
Judge Should Not Have Been Reprimanded For Alito Essay
Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.
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How Cos. Can Use Data Clean Rooms To Address Privacy
Implementing comprehensive administrative controls, security processes and vendor management systems are vital steps for businesses leveraging data clean rooms for privacy compliance, especially given the Federal Trade Commission's warnings of complicated user privacy implications, say attorneys at Troutman.
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5 Key Takeaways From Energy Secretary's Confirmation
The recent confirmation hearing for U.S. Department of Energy Secretary Chris Wright highlighted several important themes, including his vision for transforming the DOE, his nuanced stance on renewables, and a renewed emphasis on energy abundance and affordability, says Connor McCulloch at Ankura Consulting Group.
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Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example
Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.
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What Employers Should Know For Next Round Of H-1B Filings
With the fiscal year 2026 H-1B visa period opening soon, employers should brush up on the registration and filing procedures, as well as organize applicable data, to ensure they are ready for this dynamic, multistep process, say attorneys at Morgan Lewis.
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Ga. Tech Case Shows DOJ Focus On Higher Ed Cybersecurity
The Justice Department’s ongoing case against the Georgia Institute of Technology demonstrates how many colleges and universities may be unwittingly exposed to myriad cybersecurity requirements that, if not followed, could lead to False Claims Act liability, say attorneys at Woods Rogers.