Top Stories

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  $1.8B IRS Deal Fund 'Not Slush Fund,' Blanche Tells Senators

  By Courtney Bublé

  Acting Attorney General Todd Blanche argued before a Senate committee on Tuesday that the nearly $1.8 billion se...(read more)

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  Anthropic Says Defense Dept. Smeared It Over AI Red Lines

  By Jared Foretek

  Potential splits emerged Tuesday between D.C. Circuit judges questioning the legality of the U.S. Department of ...(read more)

• Shoppers Seek Fees At 9th Circ. For Kroger, Albertsons Fight

  By Dorothy Atkins

  Counsel for grocery store consumers urged the Ninth Circuit on Tuesday to find they substantially prevailed in their proposed class action challenging Kroger's since-abandoned $24.6 billion bid for Albertsons and are entitled to attorney fees, arguing that the lower court wrongly concluded the case was mooted by other federal actions blocking the merger.

• Wachtell Lipton, Goodwin Steer $1.5B Analog Devices Deal

  By Hailey Konnath

  Wachtell Lipton Rosen & Katz and Goodwin Procter LLP are advising semiconductor company Analog Devices Inc. and Empower Semiconductor in a $1.5 billion all-cash tie-up, according to an announcement made Tuesday.

• Quinn Emanuel Owes More Sanctions In Guardant Fight

  By Lauren Berg

  Quinn Emanuel and its team representing medical testing company Natera will shoulder further sanctions on top of the $3 million already imposed over the firm's misrepresentations concerning an expert witness in Guardant Health's false advertising case, a California federal judge ruled Tuesday.

• Calif. Urges 9th Circ. To Revive Pay-For-Delay Restrictions

  By Dorothy Atkins

  California urged a Ninth Circuit panel Tuesday to find a Golden State law that bans drugmakers from cutting deals out of state that pay to delay generics competition doesn't violate the U.S. Constitution, arguing that ruling otherwise could jeopardize many longstanding state laws that regulate out-of-state conduct.

• Skechers Can't Kick Wash. Antispam Class Suit, Judge Rules

  By Ben Adlin

  A Washington federal judge rejected Skechers USA Inc.'s effort to throw out a proposed class action accusing the footwear giant of blasting state residents with unsolicited and misleading spam emails, ruling Tuesday that Washington's antispam law is consistent with federal law.

• SEC Eyes Public Market Reforms With 2 New Proposals

  By Jessica Corso

  The U.S. Securities and Exchange Commission on Tuesday introduced a pair of proposals that could make it easier for publicly traded companies to raise capital through so-called shelf offerings while also reducing disclosure requirements for more issuers, arguing the proposals would bolster the public markets. 

• After Feds' Input, Gilstrap Denies Injunction In $445M IP Case

  By Theresa Schliep

  U.S. District Judge Rodney Gilstrap on Monday rebuffed Collision Communications Inc.'s bid for an injunction blocking Samsung Electronics Co. Ltd. from selling products that a jury said were infringing in a $445 million verdict in a case that the federal government used to argue for broader use of injunctions in patent suits.

• DOJ Says Container Makers Fixed Prices During Pandemic

  By Bryan Koenig

  Four of the world's largest shipping container manufacturers and seven of their current and former executives conspired to restrict production to drive up prices, the U.S. Department of Justice said Tuesday in criminally charging them, although most may be beyond the reach of American courts.

• CFTC Sues Minnesota Over Law Banning Prediction Markets

  By David Steele

  The U.S. Commodity Futures Trading Commission sued Minnesota on Tuesday to block a newly enacted ban on prediction markets, the sixth state the CFTC has taken to federal court to assert control over regulation of the markets.

• Alphabet Investors Win Class Cert. In Ad Auction Suit

  By Sydney Price

  A California federal judge certified a class of Alphabet investors accusing Google and CEO Sundar Pichai of misleading the market about whether its digital ad auctions favored Facebook's advertising network, finding common questions outweigh individualized issues.

• States Sue Over Student Loan Limits On Professional Degrees

  By Abigail Harrison

  A coalition of 24 attorneys general and two governors are challenging a rule recently promulgated by the U.S. Department of Education, alleging in a complaint in Maryland federal court Tuesday that it unlawfully limits access to federal student loans for those pursuing professional degree programs.

• Ill. Justices Wary Of Uber's Push To Arbitrate Fatal Crash Suit

  By Celeste Bott

  Illinois Supreme Court justices on Tuesday pressed an attorney for Uber to explain how a widow's arbitration agreement through her own ride-sharing account is applicable to the wrongful death claims she has filed on behalf of her husband, who died as a passenger on a ride booked through his own Uber app.