Shkreli Atty Dubs Him 'Genius,' Denies Fraud As Trial Begins

The Fourth Circuit on Thursday reversed a district judge’s order compelling the U.S. Environmental Protection Agency to further analyze the consequences of its air pollution regulations on jobs, finding the issue is beyond federal courts’ authority.

Walgreens ended its troubled takeover of fellow drugstore operator Rite Aid on Thursday after struggling to get clearance from antitrust regulators for the deal, and will instead pick up 2,186 Rite Aid stores for $5.175 billion in cash.

President Donald Trump has selected Burlington Stores Inc. general counsel Janet Dhillon to serve on the U.S. Equal Employment Opportunity Commission and take over as its chair, the White House said late Wednesday.

The Seventh Circuit on Wednesday affirmed the toss of a legal malpractice suit brought against Mayer Brown LLP by lenders of a $1.5 billion loan held by General Motors Co., saying the firm didn’t owe any professional duties to the lenders as third-party nonclients.

ABC Inc.’s mid-trial settlement of accusations it slandered a beef company by calling its product “pink slime” is the latest signal to deep-pocketed story subjects that in the era of "fake news," they have a good chance in court against even strongly defensible news stories, experts say.

A Florida appeals court on Wednesday affirmed a $13.5 million verdict against R.J. Reynolds and in favor of the widower of a smoker who died from mouth cancer, ruling that the trial court’s instructions to the jury were adequate.

Private equity firm Sycamore Partners has agreed to pick up Staples Inc. for $6.9 billion, a deal that comes after the office supply retailer’s attempted tie-up with rival Office Depot Inc. was blocked by antitrust regulators.

The Massachusetts Department of Revenue on Wednesday revoked its controversial final directive requiring out-of-state online retailers to collect sales or use tax and said it may propose new, but similar, regulations that the public can comment on before the state finalizes them.

A California federal judge on Wednesday again trimmed some claims from a securities class action that’s part of Volkswagen’s larger emissions scandal, but also let some claims back into the case and rejected efforts to change his mind.

Neal Katyal seemingly tried to educate Justice Samuel Alito about a well-known Latin phrase, Justice Sonia Sotomayor prayed aloud that she wouldn’t be assigned a mind-numbing opinion, and Justice Elena Kagan needled a lawyer who confused her with another justice. Here, Law360 wraps up the top moments of legal levity from the latest high court term.

Gawker, the blog that declared bankruptcy after losing a $140 million trial financed by a revenge-seeking Peter Thiel, has the right to investigate Thiel's dealings with a law firm behind the case, a New York bankruptcy judge ruled Wednesday.

Since the death of Justice Antonin Scalia last year, a new U.S. Supreme Court justice has emerged as the most talkative at oral arguments — and the titleholder should come as no surprise to court watchers.