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Paramount Wants AGs, WGA To Pay $1.9B Merger Suit Bond

The Paramount logo of a mountain beneath an arch of stars is displayed on a smartphone in front of the logo on a white background

By Bryan Koenig

Paramount Skydance Corp. put a price tag Monday on waiting until next year to close its planned $110 billion purchase of Warner Bros. Discovery, asking a California federal judge to impose an approximately $1.9 billion bond requirement on the Democratic attorneys general and the Writers Guild of America challenging the deal.


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  • The company name Alcoa appears in blue font on the glassy exterior of an office building
    7th Circ. Reverses Alcoa Union Retirees' Lifetime Benefits Win

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  • Albertsons Judge Hears $44B Opioid Abatement Plan In Wash.

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    Addressing harm caused by prescription opioid abuse in Washington would cost nearly $44.4 billion, an expert testified Monday during a bench trial in the state's case accusing Albertsons and its Safeway subsidiary of exacerbating Washington's overdose crisis by failing to curb the flow of controlled substances.

  • Meta Loses 'Hail Mary' Sanctions Bid On Eve Of AGs' Trial

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    A California federal judge Sunday denied Meta's request for spoliation sanctions against state attorneys general that would've barred a Meta whistleblower from testifying in the upcoming high-stakes social media addiction bellwether trial, ruling that Meta's request was an "obvious" "Hail Mary attempt to eliminate a strong witness" before trial.

  • Apple Hit With Derivative Suit Over AI Copyright Infringement

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    Apple executives and directors are facing a stockholder derivative action claiming they've been knowingly using copyrighted materials to develop Apple's artificial intelligence services — an unlawful business strategy they knew could lead to litigation from copyright holders, the plaintiff told a California federal court.

  • Mead Johnson Pushed Formula Knowing Risks, Jury Told

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  • Happy Egg Breaks 'Pasture Raised' False Ad Class At 9th Circ.

    By Lauren Berg

    The Ninth Circuit on Monday threw out class certification of California and New York consumers accusing the company behind the Happy Egg brand of deceptively labeling egg cartons with promises that its hens are "pasture raised on over 8 acres."

  • Google To Pay $10M For Spirit Airlines Data To Help AI Models

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    Technology giant Google LLC has won an auction for Spirit Airlines' emails, chats, spreadsheets and other data, offering $10 million for anonymized information it will use to improve its large language models and other products, according to a notice filed Friday in New York bankruptcy court.

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    Doxo will pay $2.1 million to settle Federal Trade Commission claims that the online bill pay service and two co-founders misled consumers about fees and used deceptive advertising to impersonate billers, the commission announced on Monday, after a Washington federal judge granted partial summary judgment earlier this year.

  • Big Banks Reach $86.4M Deal In Mexican Bond-Rigging Suit

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    Bank of America, HSBC and other global banks have agreed to pay $86.4 million to resolve investor class claims that they conspired to fix Mexican government bond prices, according to a proposed settlement unveiled on Friday in New York federal court.

  • Pornhub To Pay $120M To End Child Abuse Content Cases

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