Top Stories

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  Lawyer Testifies Goldstein Dodged $500K Poker Repayment

  By Jared Foretek

  A former employee at Thomas Goldstein's law firm recounted in court Wednesday that a U.S. Internal Revenue Servi...(read more)

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  Teva's Inconsistent Args In IUD Trial 'Troubling,' Judge Says

  By Chart Riggall

  Teva Pharmaceuticals quickly ran afoul of a Georgia federal judge Wednesday in its first trial over alleged defe...(read more)

• 2 Firms Advise Energy Infrastructure Co.'s Go-Public Deal

  By Nate Beck

  Utility-scale energy infrastructure developer Hecate Energy Group said Thursday that it is set to become a public company valued at $1.2 billion under a merger advised by Cahill Gordon & Reindel LLP and Allen Overy Shearman Sterling LLP.

• Ethanol Biz Loses Bid To Overturn €48M Price-Fixing Fine

  By William Janes

  A Swedish ethanol producer failed on Thursday to overturn a €47.7 million ($55.9 million) fine for colluding to maintain high prices by market manipulation after a European appeals court ruled that a competition watchdog did not presume it was guilty.

• Ropes & Gray, Vinge Guide EQT's $3.7B Coller Capital Deal

  By Najiyya Budaly

  Swedish private equity company EQT said Thursday that it will buy the U.K. secondaries firm Coller Capital for up to $3.7 billion in a bid to take advantage of the growing market for continuation vehicles as the PE sector continues to struggle to offload assets.

• Holmes Seeks Trump Clemency For Theranos Fraud Sentence

  By Rae Ann Varona

  Former Theranos CEO Elizabeth Holmes has asked President Donald Trump to commute an 11-year prison sentence she's been serving for defrauding investors with bogus blood-testing technology, according to the U.S. Department of Justice's Office of the Pardon Attorney.

• Senate Agriculture Unveils Crypto Bill Without Dem Backing

  By Aislinn Keely

  The chairman of the Senate Agriculture Committee released the text of a proposal to expand the U.S. Commodity Futures Trading Commission's authority over crypto Wednesday evening, despite failing to reach a bipartisan agreement on the text ahead of a markup slated for next week.

• NYC Sues Dr. Phil's Son To Stop NYPD Reality Show

  By Hailey Konnath

  The city of New York on Wednesday sued the son of celebrity psychologist Dr. Phil in state court, claiming that he and his production company plan to air a reality television show about the New York Police Department that contains footage that would threaten the lives and safety of active police officers, witnesses and victims.

• 'Out Of Control': Coach Says He Placed Bets For Ex-MLB Star

  By Gina Kim

  A baseball coach who placed illegal sports wagers for former MLB star Yasiel Puig took the stand Wednesday in the player's obstruction of justice trial, telling a California federal jury that Puig's gambling got "out of control" and that the coach feared repercussions from bookies after Puig didn't pay his debts.

• Feds Ordered Not To Review Seized WaPo Reporter's Devices

  By Lauren Berg

  Federal officials are not to examine electronic devices and other materials seized from a Washington Post journalist's home until a dispute over the constitutionality of the search warrant at issue is ironed out, a Virginia federal judge ruled Wednesday.

• EXp Brass Can't Shake Claims It Ignored Sexual Misconduct

  By Sarah Jarvis

  The Delaware Chancery Court has allowed the bulk of a shareholder lawsuit against eXp World Holdings Inc. to proceed, saying it is reasonable to infer the real estate brokerage's board "effectively did nothing" in response to red flags about widespread allegations of drugging, rape and sexual assault.

• 3rd Circ. Ends Minor League Owner's Suit Over MLB Ties

  By Ganesh Setty

  The Third Circuit on Wednesday upheld the dismissal of a lawsuit from the owner of the Oregon-based Salem-Keizer Volcanoes alleging a minor league baseball official cut the team out of a relationship with Major League Baseball, finding the official had no fiduciary duty to it.

• 4th Circ. Says Judge Wrongly Blocked Trump Grant Freeze

  By Keith Goldberg

  The Fourth Circuit on Wednesday wiped out a federal district judge's order restoring 32 congressionally funded grants frozen by the Trump administration, saying it's a contractual matter for the U.S. Court of Federal Claims to decide.

• FTC Must 'Scale A Slick Wall' To Revive Meta Suit

  By Bryan Koenig

  The Federal Trade Commission set itself up for a tough fight to overturn a D.C. federal judge's rejection of its lawsuit accusing Meta of monopolizing personal social media through its purchases of WhatsApp and Instagram.