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Latest News in Compliance

• May 17, 2024

  Apple OK'd New App Fees Despite Antitrust Ruling

  An Apple Inc. executive conceded during a high-stakes antitrust hearing Friday over Apple's compliance with a court-ordered ban on App Store anti-steering rules that executives decided to implement a new 27% fee on out-of-app transactions despite knowing a jury had recently found that similar Google fees violated antitrust laws.

• May 17, 2024

  Crypto Cos. Take SEC Cases To The Court Of Public Sentiment

  Mounting tension between the U.S. Securities and Exchange Commission and the cryptocurrency industry has led companies dealing in digital assets to toss the long-held practice of keeping notices of potential enforcement quiet and wear them as a badge of honor in the hopes of currying public favor.

• May 17, 2024

  T-Mobile Must Face Sprint Merger Suit Before Appealing

  The Seventh Circuit summarily rejected T-Mobile's move for interlocutory appeal in a proposed consumer class action targeting the company's 2020 merger with Sprint, allowing the case to advance to discovery after the district court denied T-Mobile's motion to dismiss in the fall.

• May 17, 2024

  Kohl's Directors' Aversion To Sale Was Self-Serving, Suit Says

  A Kohl's shareholder has hit the retailer's brass with a derivative suit alleging they covered up the results of a disastrous shift in business strategy and takeover offers, all in a bid to protect their own positions.

• May 17, 2024

  Home Distillers Tell Feds Ban Fails Under Spirit Of The Law

  The Hobby Distillers Association said the federal government is exceeding its constitutional powers and treading on states' rights by banning homemade liquor under its taxing authority, as the group laid out its position Friday at the request of a Texas federal judge.

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