Top Stories

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  PwC Will Pay $96M To Settle Valeant Investor Class Claims

  By Brian Steele

  PricewaterhouseCoopers LLP has agreed to pay $96 million to end a long-running securities fraud suit over an all...(read more)

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  DuPont, Spinoffs Ink Historic $590M PFAS Deal In NC

  By Hayley Fowler

  DuPont and its spinoffs will pay $590 million to resolve claims they contaminated North Carolina's environment w...(read more)

• Huawei Ripped Off Amazon Cloud Platform IP, Jury Hears

  By Stewart Bishop

  A former engineer for a U.S. subsidiary of Huawei on Thursday testified that she was shocked and upset after a colleague boasted of co-opting patented code used in Amazon's cloud computing platform, the first of several Huawei employees that are expected to take the stand in the Chinese telecommunications company's RICO trial in New York federal court. 

• Lilly Owes Nektar $1B If It Breached Rezpeg Deal, Jury Told

  By Bonnie Eslinger

  Nektar Therapeutics' damages expert told a California federal jury on Thursday that Eli Lilly & Co. could owe the biotechnology company nearly $1 billion if it finds that the pharmaceutical giant breached a license agreement to co-develop Nektar's autoimmune-disease drug Rezpeg.

• Zuckerberg Testifies List Of Kid-Glove Users Not A Problem

  By Cara Salvatore

  Mark Zuckerberg strenuously disputed in testimony seen Thursday by a New Mexico jury that Facebook's internal list of parties whose content receives special treatment undercuts the company's public declarations that policy-violating content must be taken down without exception.

• JPMorgan Aided Ex-Atty Kossoff's $18.5M Theft, Trustee Says

  By Hailey Konnath

  The Chapter 7 trustee representing bankrupt firm Kossoff PLLC on Wednesday sued JPMorgan Chase Bank NA, claiming the bank helped the firm's principal steal at least $18.5 million from clients, and it "should be made to account."

• DC Circ. Upholds SEC Denial Of Whistleblower Award

  By Jessica Corso

  The D.C. Circuit ruled Wednesday that a man who tipped off a journalist about a possible foreign bribery scheme is not entitled to a whistleblower award because he waited until a U.S. Securities and Exchange Commission investigation was well under way to present the same information to the agency.

• Dompé To Pay $32M Over Foundation Co-Pay Kickback Claims

  By Rae Ann Varona

  The U.S. arm of Italian pharmaceutical company Dompé Farmaceutici SpA has agreed to pay $32 million to resolve allegations that it contributed funds to patient assistance foundations to induce purchases of its prescription eye drops Oxervate, the U.S. Department of Justice announced Thursday.

• Patent Declaratory Judgment Actions Are Back In Vogue

  By Theresa Schliep

  Companies facing threats of patent infringement lawsuits are increasingly embracing declaratory judgment actions, a trend attorneys attribute to two pro-patent-owner shifts: the low institution rate of Patent Trial and Appeal Board challenges and the growth of Amazon's internal patent dispute process.

• Roblox Brass Seek Exit From Insider Trading, Child Safety Suit

  By Jarek Rutz

  Roblox Corp. directors and executives urged Delaware's chancellor on Thursday to dismiss a stockholder derivative suit accusing them of insider trading and failing to protect children on the video gaming platform, arguing that the board consistently monitored safety risks and that insiders did not trade on material nonpublic information.

• China Aims For Early Rollout Of $30B US Tariff Cut Package

  By Dylan Moroses

  China and the U.S. are working toward implementing a package of tariff reductions for $30 billion worth of goods that cross the countries' borders, a Chinese official for the Ministry of Commerce said during a press briefing Thursday.

• Indiana Justices Probe Timing Of Religious Abortion Suit

  By Dan McKay

  Indiana justices sharply questioned both sides Thursday as they wrestled with whether the state's religious freedom law can be used to protect the abortion rights of Jewish women, repeatedly asking whether the case had developed enough to warrant a ruling.

• 3 Firms Steer $2.55B Enbridge-Tallgrass Crude Oil Deal

  By Al Barbarino

  Enbridge Inc. has agreed to buy the crude oil business of Tallgrass Energy for $2.55 billion in cash, expanding its pipeline network in the U.S. Rockies, with three law firms advising on the transaction. 

• Fla. Fiber Infrastructure Co. Files Ch. 7 With Over $100M Debt

  By Emily Lever

  Florida-based telecom infrastructure developer Full Circle Fiber has filed for Chapter 7 liquidation in Delaware bankruptcy court with under $10 million in assets and $100 million to $500 million in liabilities.