Top Stories

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  Zillow Avoids Trial As Redfin Agrees 'To Reenter Market'

  By Bryan Koenig

  The Federal Trade Commission told a Virginia federal judge Monday that it had settled its lawsuit challenging a ...(read more)

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  TikTok Inks $400M Deal With DOJ To End Kids' Privacy Suit

  By Allison Grande

  TikTok has agreed to pay $400 million to resolve the U.S. Department of Justice's claims that the short-form vid...(read more)

• SEC To End Insider Trading Case Against Pardoned Ex-Rep.

  By Jessica Corso

  The U.S. Securities and Exchange Commission informed a New York federal court on Monday that it is walking away from a case accusing former Indiana Rep. Stephen Buyer of insider trading two months after he was pardoned by President Donald Trump.

• High Court Lifts Block On Mail-In Ballot Changes

  By Katie Buehler

  The Trump administration can proceed with plans to implement some new nationwide mail-in voting regulations ahead of this year's midterm elections, the U.S. Supreme Court ruled Monday, but questions remain about the enforceability of proposed U.S. Postal Service restrictions.

• 2nd Circ. Backs Amazon Workers After Conn. High Court Win

  By Aaron Keller

  The Second Circuit Monday vacated Amazon's temporary win in a wage class action, saying the Connecticut Supreme Court's more recent conclusion that state law requires compensation for employee time spent awaiting and undergoing mandatory security screenings is "squarely at odds" with a federal district judge's original decision.

• Foley-Led NVent Buys Maverick Power For Up To $2.3B

  By Jade Martinez-Pogue

  Foley & Lardner LLP-advised electrical connection and equipment company nVent Electric PLC on Monday revealed it has agreed to buy Maverick Power, which provides infrastructure solutions for data centers as well as other services, for up to $2.3 billion.

• Founder Of Crypto Startup Block Bits Convicted Of Fraud

  By Bonnie Eslinger

  A California federal jury on Monday held that cryptocurrency startup founder Japheth Dillman deceived Block Bits investors by falsely claiming the company's auto-trading platform was up and running, following a trial in which his co-founder testified against him under a plea agreement.

• Skadden-Led Shein Picks Hong Kong Over UK For $27B IPO

  By Dawood Fakhir

  Global fast-fashion giant Shein began the process Monday for a Hong Kong initial public offering that could value the company at $27 billion after regulatory hurdles and trade tensions derailed plans to list in the U.S. and U.K.

• Advocacy Groups Seek To Join ABC's Case Against FCC

  By Christopher Cole

  Two media advocacy groups said Monday they will seek to join a lawsuit that ABC recently filed in D.C. federal court against the Federal Communications Commission alleging First Amendment violations.

• 75-Country Immigrant Visa Freeze Ruled 'Patently Unlawful'

  By Rae Ann Varona

  A New York federal judge on Friday struck down a U.S. Department of State policy that halted the issuance of visas to immigrants from 75 countries, finding the policy "patently unlawful" and in excess of Secretary of State Marco Rubio's statutory authority.

• 6th Circ. Revives Freddie Mac Subprime Suit From '08 Crash

  By Craig Clough

  The Sixth Circuit Friday revived a long-running securities suit brought by the Ohio Public Employees Retirement System against Freddie Mac and several of its former executives, holding that a district court erred in granting a summary judgment win for the government-backed enterprise and also denying class certification.

• Cytek Hit With $56M Verdict For Infringing Cell-Sorting Patent

  By Hailey Konnath

  A Delaware federal jury Friday awarded roughly $36 million in damages to biomedical testing manufacturer Beckman Coulter after finding that Cytek Biosciences infringed one of its patents covering a technology that quickly analyzes single cells.

• Butterball Signs $34M Price-Fixing Deal With Turkey Buyers

  By Hailey Konnath

  Butterball LLC has agreed to shell out $34 million to put to rest turkey buyers' claims in sprawling price-fixing litigation, according to a motion filed Friday in Illinois federal court, bringing the long-running battle to an end ahead of a scheduled trial.

• Crypto Co. Founder's Atty Tells Jury Biz Partner Lied, Not Him

  By Bonnie Eslinger

  A cryptocurrency firm's founder deceived investors by claiming his company's auto-trading platform was up and running, a federal prosecutor told a California federal jury during closing arguments Friday, while the defendant's lawyer said his client was not trying to cheat anyone and called the government's cooperating witness "a stone cold liar."