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Latest News in Corporate
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September 08, 2026
Eli Lilly & Co. breached its deal with Nektar Therapeutics to co-develop the autoimmune-disease drug Rezpeg and instead "sabotaged" its development in favor of a different Eli Lilly drug, a Nektar lawyer told a California federal jury during opening statements Tuesday, while Lilly's counsel countered that Nektar was unharmed by the deal's termination.
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September 08, 2026
Amazon has told a New Jersey federal court there's no need to expedite discovery in the state's case accusing the e-commerce giant of using its market power to stifle competition for delivery drivers, saying the case belongs in front of the National Labor Relations Board.
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September 08, 2026
Facebook and Instagram users hit Meta with a proposed class action accusing the company of harvesting biometric data from photos posted to its platforms without consent to develop its artificial intelligence and facial recognition technology.
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September 08, 2026
Attorneys for telecom infrastructure startup Helicore LLC and its primary investor clashed Tuesday during a Delaware Chancery Court hearing over whether a dispute involving allegedly fabricated board approvals, equity dilution and a deadlocked board amounts to fraud and fiduciary misconduct or simply a contract fight.
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September 08, 2026
The U.S. Department of Labor's employee benefits arm said Tuesday that a group of retailers and repair centers associated with Napa Auto Parts is clear to establish a group health plan for its member employers, concluding the arrangement would be covered by federal benefits law.
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