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  Tom Hayes Slaps UBS With $400M Malicious Prosecution Suit

  By Hailey Konnath

  Former UBS trader Tom Hayes has filed a $400 million suit against his old employer, claiming the company "malici...(read more)

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  Ex-Magellan CEO Avoids Prison Over Faulty Lead Tests

  By Julie Manganis

  The former CEO of Magellan Diagnostics was sentenced in Massachusetts federal court Monday to a year of home con...(read more)

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• Mass. Bar Reprimands Ex-US Atty Rollins Over Leak, Texts

  By Julie Manganis

  A divided panel of state bar regulators voted to publicly reprimand former Massachusetts U.S. Attorney Rachael Rollins for leaking confidential material about an investigation to a reporter and then trying to deflect suspicion in a deceptive message to subordinates, a lawyer for Rollins confirmed Tuesday.

• Trump Appeals 'Unprecedented' NY Criminal Conviction

  By Frank G. Runyeon

  President Donald Trump appealed his New York criminal conviction for falsifying business records, arguing the charges were defective, the jury was improperly instructed, the judge was biased and that he was immune from prosecution.

• Kirkland-Led Vista Buys Software Biz Nexthink In $3B Deal

  By Najiyya Budaly

  Vista Equity Partners LLC said Tuesday that it will acquire a majority stake in Nexthink from existing shareholders including British investment firm Permira in a deal that values the Swiss software business at $3 billion.

• Apple Gets Class Decertified In App Store Antitrust Case

  By Hailey Konnath

  A California federal judge Monday decertified a class of consumers claiming Apple violated antitrust laws with its App Store policies, finding that the plaintiffs' damages expert isn't qualified to do the work and submitted an analysis that included several "alarming" errors.

• Whistleblower 'Horrified' By Novo Nordisk Drug Sales Tactics

  By Ben Adlin

  The whistleblower behind a federal lawsuit accusing Novo Nordisk of paying kickbacks to doctors and patients as part of a scheme to drive sales of its hemophilia drug NovoSeven took the witness stand Monday, telling jurors she was "horrified" at how the drugmaker's marketing team targeted doctors.

• OpenAI Can't Shake Authors' ChatGPT Infringement Claim

  By Lauren Berg

  Some of the biggest names in literature and journalism can pursue their claim of direct copyright infringement against OpenAI based on the outputs of ChatGPT, a Manhattan federal judge ruled Monday, saying the complaint "squarely alleges" actual copying of the writers' works and substantially similar artificial intelligence outputs.

• Senate Confirms 7th Circ., Alabama Judicial Picks

  By Courtney Bublé

  The U.S. Senate voted on Monday to confirm Rebecca Taibleson, a federal prosecutor in Wisconsin, to the Seventh Circuit, and Justice Bill Lewis of the Alabama Supreme Court to the Middle District of Alabama.

• Bros. Had No Fraud Intent In HIV Drug Scam, Fla. Jury Told

  By David Minsky

  Two Maryland brothers accused of orchestrating a roughly $100 million misbranded HIV drug scheme told a Florida federal jury Monday they had no intent to defraud, saying they were deceived by a co-conspirator who they made a partner in their company. 

• Gov't Says It Won't Defy Order Not To Deport Ábrego García

  By Nadia Dreid

  Kilmar Ábrego García won't be deported to Liberia unless the Maryland federal judge who blocked his deportation lifts the order, an attorney for the Trump administration assured the court Monday, despite the government previously saying he could be sent there as soon as Friday.

• Trump Taps Ex-Willkie Atty For 2nd Shot At Filling CFTC Chair

  By Jessica Corso

  President Donald Trump has chosen a former Willkie Farr & Gallagher LLP partner and top attorney on the U.S. Securities and Exchange Commission's cryptocurrency task force to head the U.S. Commodity Futures Trading Commission, tapping the crypto industry advocate to lead an agency struggling with a leadership void.

• 8th Circ. Jurist To Take Senior Status, Giving Trump Open Seat

  By Dorothy Atkins

  U.S. Circuit Judge William Duane Benton of the Eighth Circuit notified the judiciary on Friday that he plans to step back from active service, opening up another seat on the court for President Donald Trump to fill, according to the federal judiciary's online list of future judiciary vacancies.

• 2nd Circ. Tosses Ex-Iconix CEO's Fraud Conviction

  By Cara Salvatore

  The Iconix Brand Group founder who was convicted of falsely inflating revenue by $11 million had his conviction overturned Monday by a Second Circuit panel that said he was subjected to double jeopardy.