Corporate

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Latest News in Corporate

  • July 15, 2025

    Auto Dealership Software Biz Must Face Rival's Monopoly Suit

    A California federal judge Tuesday denied Texas tech company CDK Global's bid to dismiss a lawsuit accusing it of cornering the auto dealership management software market, saying its rival, Tekion, plausibly alleged that CDK holds a monopoly power and made it hard for dealerships to switch to competing platforms.

  • July 15, 2025

    MaxLinear, Silicon Motion Beat Suit Over Failed $3.8B Merger

    A California federal judge on Tuesday threw out a proposed class action that accused semiconductor company MaxLinear and chipmaker Silicon Motion of misleading investors about a $3.8 billion merger that fell through, saying Silicon Motion shareholders couldn't sue MaxLinear or prove that Silicon Motion knew about an alleged breach of the merger agreement.

  • July 15, 2025

    Interactive Brokers To Pay OFAC $11.8M For Sanctions Lapses

    Interactive Brokers LLC has agreed to pay more than $11.8 million to settle allegations from the U.S. Department of the Treasury's trade sanctions enforcement arm that the electronic broker-dealer violated various sanctions programs over a period of more than seven years.

  • July 15, 2025

    Pool Supply Co. Escapes Investor Suit Over COVID-Era Sales

    Arizona-based pool supply company Leslie's Inc. won dismissal, for now, of an investor class action led by North Carolina's state treasurer that alleged the company botched disclosures about waning demand during the COVID-19 pandemic, with the court finding the allegations failed to state a claim for federal securities law violations.

  • July 15, 2025

    Former IP Partners' Names Worth $52K, Expert Testifies

    The names of two deceased law partners are worth between $28,000 and $52,000 per year to a Connecticut intellectual property boutique, an expert testified Tuesday during a federal court hearing in a valuation dispute between two of the late lawyers' colleagues.

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Corporate

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