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Latest News in Corporate
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July 06, 2026
HF Foods Group Inc. has sued its former chief executive officer and co-founder in the Delaware Chancery Court, accusing them of secretly assembling a controlling stockholder group holding 57% of the company's shares and attempting to seize control of the food distributor without required disclosures or a fair process.
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July 06, 2026
A putative class sued Apple in Illinois federal court, alleging it violated Illinois' biometric privacy law, claiming that while Apple informs users it collects facial template geometry for facial recognition purposes, it doesn't disclose the scans it takes of irises or retinas and can't secure written consent the law requires.
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July 06, 2026
Biotech companies should take proactive steps to respond to the growing trend of securities litigation filed against them, due to the inherently uncertain nature of their business models and heightened scrutiny of clinical trial disclosures, regulatory communications and investor-facing statements, says Wesley Horton at FBFK.
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July 06, 2026
Virginia's 2026 legislative session produced several noteworthy developments for financial institutions, including garnishment reforms, mortgage assumption requirements and debt collection reforms, signaling broader trends toward increased consumer protection, enhanced fraud prevention obligations and greater accountability in financial services operations, says Jay Spruill at Woods Rogers.
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July 06, 2026
A group of direct purchasers has asked a New Jersey federal court to preliminarily approve a $33 million settlement with DSM-Firmenich AG and subsidiaries in a sprawling antitrust case accusing four major fragrance ingredient makers of fixing prices, with Firmenich also agreeing to help the plaintiffs prosecute their case against the remaining defendants.
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