Top Stories

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  3rd Circ. Upholds Dismissal Of Lipitor Pay-To-Delay Case

  By George Woolston

  The Third Circuit on Thursday backed the dismissal of an antitrust suit alleging Pfizer Inc. and Ranbaxy Laborat...(read more)

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  Judge Tosses DOJ's Antisemitism Case Against Harvard

  By Carolyn Muyskens

  A Massachusetts federal judge on Thursday threw out the Trump administration's suit alleging Harvard University ...(read more)

• 'Jump Must Litigate': 7th Circ. Clarifies Arb. Enforcement Rule

  By Dorothy Atkins

  The Seventh Circuit rejected trading firm Jump Trading LLC's bid to arbitrate a putative securities class action Thursday, finding that courts, not arbitrators, must decide whether disputes belong in arbitration when the parties haven't signed an arbitration agreement, furthering a circuit split and holding that "Jump must litigate."

• Albertsons Didn't Flag Suspicious Opioid Orders, Judge Hears

  By Ben Adlin

  Albertsons failed to report its pharmacies' unusual opioid orders to the U.S. Drug Enforcement Administration despite explicit instructions from the agency to do so, the retailer's vice president of pharmacy compliance testified Thursday during a bench trial in Washington's lawsuit accusing the chain of exacerbating the state's opioid epidemic.

• Full 5th Circ. Moots Challenge Of Trump's Use Of Enemies Act

  By Rae Ann Varona

  The full Fifth Circuit Thursday tossed three Venezuelan nationals' lawsuit challenging President Donald Trump's use of a 1798 wartime law to try to deport them and other Venezuelans, saying the proposed class case was now moot after the government deported them without invoking the law.

• Supreme Court's Apple App Store Pause Lifted After 24 Hours

  By Bryan Koenig

  Following the expiration of a roughly 24-hour pause on the App Store dispute between Apple and Epic Games, Apple put a 15% commission on the table Thursday to try to comply with a mandate forcing it to dramatically cut what it charges for App Store sales.

• Boeing Beats Suit Over Board's 737 Max Safety Oversight

  By Jarek Rutz

  The Boeing Co. won dismissal Thursday of a Delaware Chancery Court derivative suit seeking to hold current and former directors and officers responsible for safety and manufacturing problems that culminated in the January 2024 Alaska Airlines door-plug blowout.

• Bristol-Myers Can't Duck UMB Suit Targeting Drug Approvals

  By Rae Ann Varona

  The Second Circuit on Thursday revived UMB Bank's suit alleging Bristol-Myers Squibb's slow-walking of the drug approval process caused investors to miss out on billions of dollars, rejecting the pharmaceutical giant's contention that the bank lacked standing to sue.

• 9th Circ. Revives $140M Robo-Surgery Antitrust Case

  By Jared Foretek

  The Ninth Circuit on Thursday revived a surgical instrument repair company's antitrust suit accusing the makers of the da Vinci surgical robot of illegally blocking third parties from repairing its machines, ruling that a district judge erred in applying the U.S. Supreme Court's Kodak factors to the dispute.

• Texas Appeals Court Flips $34M Verdict In Hospital Suit

  By Spencer Brewer

  A Texas appeals court wiped out a $34 million verdict against a healthcare company Thursday, saying the trial court interpreted the parties' contract incorrectly and the company did not breach its agreement with a private orthopedic practice group.

• DOJ's HPE Merger Settlement Approved Over State Objections

  By Matthew Perlman

  A California federal judge approved a controversial settlement struck by the U.S. Department of Justice to end a case challenging Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks, despite concerns from state enforcers about political influence in the settlement process.

• Paul Hastings, Goodwin Steering $4B Accelerant Take-Private

  By Al Barbarino

  Insurance exchange Accelerant said on Thursday it has agreed to be acquired by private equity firm Thoma Bravo in an all-cash deal that will take the company private at a more than $4 billion valuation, with Paul Hastings LLP and Goodwin Procter LLP taking lead roles in steering the transaction.

• SEC May Vote To Ease Pay-To-Play Rules This Year

  By Jessica Corso

  The U.S. Securities and Exchange Commission has informed the White House that it could soon move forward with plans to loosen the rules around political contributions made by investment advisers, regulations that SEC Chair Paul Atkins has recently called "a trap for the unwary."

• Trade Court Fine With Trump Ending De Minimis Tariff Break

  By Dylan Moroses

  President Donald Trump's revocation of a de minimis exemption for low-value goods to enter the U.S. duty-free was allowed under a law that the U.S. Supreme Court separately determined could not otherwise authorize tariffs on its own, the Court of International Trade ruled Thursday.