Retail & E-Commerce Law360 provides breaking legal news and analysis on the retail and e-commerce industries. Coverage includes litigation, policy developments, and corporate deals involving traditional stores, online shopping companies, and retail developers.
Investors in The Home Depot Inc. struck a deal to end their shareholder derivative suit against members of the retailer’s board of directors over a 2014 customer data breach, according to a proposed settlement filed in Georgia federal court Friday.
Six companies raised nearly $1 billion from initial public offerings late Thursday in a blitz of deals capping a busy week, including technology “unicorn” Cloudera Inc., which raised $225 million after pricing above range and promptly saw its shares rally in debut trading Friday.
A Michigan federal judge on Thursday tossed a woman's suit over her slip-and-fall accident at a Sault Ste. Marie Tribe of Chippewa Indians-owned convenience store, saying he didn't have the power to second-guess a tribal court's decision to dismiss her claims.
Shuttered, twice-bankrupt food chain Fresh & Easy secured a Delaware judge’s confirmation Thursday of its Chapter 11 windup plan, in a development largely made possible by an earlier settlement with a key private equity investor.
The unsecured creditors committee in the Delivery Agent Inc. Chapter 11 asked the Delaware bankruptcy court Friday for clearance to launch an investigation into the company’s top brass connected to securities fraud accusations the body claims could also imply alleged breaches of fiduciary duty.