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San Francisco-based Sedgwick LLP had been considering a merger or sale, but an employee confirmed Tuesday that the firm would close by the end of the year. (AP)

Sedgwick To Shut Down After Deluge Of Partner Defections

Sedgwick LLP told employees Monday morning that the firm would close at the end of December, a current firm employee confirmed to Law360 on Tuesday, capping off a year of defections and office closures that rocked the San Francisco-based firm.

  • Uber Admits Hackers Stole Data On 57 Million Riders

    Uber admitted Tuesday that hackers stole personal data on 57 million riders worldwide, in a breach the company did not disclose for over a year.

  • Iranian Hacked HBO, Spoiled Game of Thrones, Feds Say

    Federal prosecutors in New York charged a still at-large ex-military contractor from Iran on Tuesday with hacking into HBO to steal secret files — including scripts and plot summaries from "Game of Thrones" episodes — before trying to extort the network out of $6 million in digital currency.

  • 2nd Circ. Revives Terror Victims’ Bid To Get $1.7B From Iran

    The Second Circuit on Tuesday revived a bid by families of the victims of the 1983 Beirut Marine Corps barracks bombing to collect $1.68 billion linked to Iran’s central bank, overturning an earlier decision that the money was beyond the reach of U.S. courts.

  • Del. Chancery Won't DQ Morris Nichols From Dollar Tree Case

    A Delaware Chancery Court judge Tuesday denied a request to disqualify Morris Nichols Arsht & Tunnell LLP from representing Dollar Tree in an ongoing dispute with spinoff company Dollar Express on the grounds that the law firm had given prior legal advice on the dividend distribution that is at the heart of the case.

  • AT&T-Time Warner Judge Is No Stranger To Mega-Mergers

    The U.S. Department of Justice’s challenge of AT&T’s planned Time Warner purchase was assigned to Senior Judge Richard J. Leon on Tuesday, a D.C. district judge with extensive antitrust experience who required extra conditions before greenlighting the government’s settlement with Comcast for its NBC Universal deal.

  • FINRA Fines JPMorgan $1.25M For Faulty Background Checks

    A JPMorgan Chase & Co. securities subsidiary on Tuesday agreed to pay $1.25 million in a settlement alleging that the firm did not perform adequate background checks on around 95 percent of its support staff.

  • Calif. Judge Permanently Blocks 'Sanctuary Cities' Order

    A California federal judge on Monday permanently blocked the enforcement of an executive order issued by President Donald Trump in January that calls for withholding federal funds from so-called sanctuary cities, saying it violates various provisions of the U.S. Constitution.

  • FCC Pushes Forward With Net Neutrality Rollback Plans

    The Federal Communications Commission announced Tuesday that it will vote at its Dec. 14 monthly meeting on rolling back the legal underpinning for its net neutrality rules, forecasting a total repeal of the Obama-era safeguards that prevent paid content prioritization and other schemes that would create "fast" and "slow" lanes for internet content.

  • EU Securities Regulator Clarifies Insider Trading Laws

    Europe’s securities watchdog moved Tuesday to clear up confusion in the financial sector about insider trading laws governing transactions made by senior staff and trading carried out by their firm as it is prepares to announce its results.

  • 21st Century Fox Pens $90M Investor Deal Over Scandals

    Twenty-First Century Fox Inc. has reached a $90 million deal to settle derivative claims stemming from a series of workplace harassment incidents at Fox News, according to an agreement filed Monday in Delaware state court that also requires the media outlet to create a new advisory council on improving workplace culture.

  • Trump Officials To End Deportation Protections For Haitians

    The U.S. Department of Homeland Security will cut off a deportation protection program for Haitians who’ve been in the U.S. since a devastating 2010 earthquake, adding the Caribbean nation Monday to a list of countries that will lose the protection status in coming months.

  • Real Alloy Gets Interim OK On $365M Bankruptcy Loan Deals

    Bankrupt aluminum recycling firm Real Alloy Holding Inc. received interim approval Monday in Delaware for its $365 million post-petition financing plans that will make about $45 million in new money available as soon as Tuesday to help fund the company's operations.