Ares Management LLC, a private equity firm and registered investment adviser, will pay $1 million to settle a claim that it didn't enforce policies that would prevent the misuse of material nonpublic information, the U.S. Securities and Exchange Commission said Tuesday.
MSNBC's Rachel Maddow and the network defeated a defamation claim brought by the owner of One America News Network, as a California judge ruled that the host's on-air statement that OAN "literally is paid Russian propaganda" is protected free speech.
FivePoint Holdings may scrap plans to build 750,000 square feet of office space in San Francisco and instead build health care-related space, Bank OZK has reportedly loaned $29 million for a Queens project, and Ocean Bank is said to be hoping to get $16.5 million with the sale of a Miami development site.
A California appeals court sent to trial a landlord's suit over insurance coverage of a fire resulting from a tenant's illegal modification of the electrical system to grow marijuana, saying Tuesday that a jury needs to decide whether the landlord knew or could have found out about the tenant's actions.
The Federal Trade Commission sued a network of payday lenders, saying they violated a batch of lending and disclosure laws and executed unauthorized bank account debits that "bled consumers" of an estimated $93 million.
Martin Shkreli and a company that the incarcerated former pharmaceutical executive founded have urged a New York federal court to toss allegations from state and federal enforcers that they monopolized the market for a drug used to treat potentially fatal parasitic infections.
A California federal court has paused a proposed class action accusing a CBD company of hawking products that aren't compliant with U.S. Food and Drug Administration guidelines, saying the case should wait until the agency unveils new cannabinoid regulations.
A California federal judge on Tuesday delayed a trial in Finjan's patent infringement suit against Cisco from June until October because of the coronavirus pandemic, saying she had "high hopes" it would be the first civil jury trial in the district, but the court's "enormous backlog" of criminal cases takes priority.
The COVID-19 pandemic found states monitoring scaled back Memorial Day weekend festivities that went off without a hitch in some places and resulted in crowd-limit violations in others, signaling challenges ahead as the beach season vies with continuing public health safety mandates.
Toyota told a California federal judge that two of the seven remaining named plaintiffs in a proposed consumer class action claiming the automaker's hybrid Prius cars were prone to stalling signed away their right to sue when acquiring their vehicles, and that their claims must be pushed into arbitration.
Clinical-stage biopharmaceutical company Pliant Therapeutics said Tuesday it plans to raise roughly $90 million in a Goodwin Procter- and Morrison & Foerster-steered initial public offering, plus an additional $10 million in a private placement to Novartis.
Actress Sharon Stone settled a lawsuit she had leveled against the rapper and MTV personality Chanel West Coast over her song "Sharon Stoned," according to a Friday filing, which notes that the dispute has been resolved to the parties' mutual satisfaction pursuant to a confidential settlement agreement.
Mallinckrodt asked a California federal judge to cut more antitrust claims from Humana's $700 million price-gouging lawsuit over an infant seizure syndrome treatment, claiming the insurer yet again defined the market too narrowly.
A U.S. home medical equipment company announced plans Tuesday to purchase the country's largest independent distributor of blood sugar monitors and another medical equipment business for a total of $487 million.
Insitro Inc., which operates a drug discovery and development platform that uses machine learning to compile biological data and predict human clinical outcomes, said Tuesday it has secured $143 million from a group of private investors led by Andreessen Horowitz.
Chevron Corp. and other fossil fuel companies may have to face suits by California cities and counties seeking climate change-related infrastructure damages in state court after the Ninth Circuit said Tuesday that the cases don't raise issues of federal law.
The Ione Band of Miwok Indians has finally succeeded in its yearslong, heavily litigated bid to have the federal government take the California tribe's land into trust for a casino project, but Ione Band Chairperson and Kaplan Kirsch & Rockwell LLP partner Sara Dutschke Setshwaelo's immersion in that process showed just how difficult, expensive and uncertain it can be, she told Law360 in an exclusive interview.
They've represented consumers, companies, and government entities, taken on Goliaths in industries ranging from aerospace to health care to finance to technology to sports, and won landmark victories on behalf of clients across the country.
The former CEO of professional services company ASGN Inc. on Friday agreed to plead guilty in the sprawling "Varsity Blues" college admissions scandal, the same day actress Lori Loughlin and her husband, clothing designer Mossimo Giannulli, formally pled guilty after a year of maintaining their innocence.
A California federal judge outlined new coronavirus-related courtroom protocols on Friday for when he holds an in-person sentencing for Bumble Bee's former CEO next month, saying plexiglass barriers are going up in the courtroom, the hearing will be limited to 10 attendees and all must take elevators individually and wear masks.
A Southern California nursing home where a 77-year-old man died of COVID-19 in April has been hit with a wrongful death and elder abuse suit alleging it prohibited staff members from wearing masks and gloves, which caused 10 patients to become infected and die.
Hollywood distribution executive William Sadleir was accused Friday of spiriting some $28 million out of his distribution company — cheating funder BlackRock, which had poured in $75 million — and separately misusing a $1.7 million coronavirus relief payment.
Intellectual property proceedings impacted by the COVID-19 pandemic have been pressing along on different timelines throughout the country, with live oral arguments resumed for a case in Michigan, trials further delayed in California and witnesses allowed to stay home in New York. The Federal Circuit, taking the state-by-state unpredictability into account, has called off in-person arguments indefinitely.
An attorney facing possible sanctions over discovery missteps has told a California federal court that he had been "painfully honest" about his former client's ability to comply with the court's orders in the legal fight between two information technology companies.
Federal prosecutors have charged and arrested a California-based financial planner and adviser for wire fraud tied to an alleged Ponzi scheme they say he used to dupe 75 victims, mainly senior citizens, into forking over $10 million to invest in securities that didn't exist.
Specialty Equipment Market Association v. National Highway Traffic Safety Administration may have sped up the agency's delayed rulemaking on replica vehicles, but companies should stay involved by submitting comments before regulations are finalized, say Anne Marie Ellis and Taylor Brown at Buchalter.
Attorneys at Proskauer break down the kinds of COVID-19 whistleblower retaliation claims employers should anticipate, and explain key steps to minimize risks under the Occupational Safety and Health Act, National Labor Relations Act, Families First Coronavirus Response Act, and state laws.
Concerns that videoconferenced arbitration hearings compromise an arbitrator's ability to reliably resolve credibility contests are based on mistaken perceptions of how many cases actually turn on credibility, what credibility means in the legal world, and how arbitrators make credibility determinations, says Wayne Brazil at JAMS.
The Federal Energy Regulatory Commission is frequently asked to require natural gas pipelines to evaluate effects on greenhouse gas emissions, with implications for project approval, but it is not easy to calculate the climate impact of a given pipeline, says David Harrison at NERA.
As class actions targeting the sale of consumer data pose an increasing threat to retailers under the California Consumer Privacy Act and other states’ consumer protection laws, companies must ensure compliance with each statute and assess their vulnerability to deceptive conduct allegations, say Stephanie Sheridan and Meegan Brooks at Steptoe & Johnson.
Ensuring uninterrupted client service and compliance with ethical obligations in a time when attorneys are more likely to fall ill means taking six basic — yet often ignored — steps to build some redundancy and internal communication into legal practice, say attorneys at Axinn.
Many remote meeting technologies include recording features as default settings, raising three primary concerns from a legal discovery and data retention perspective, and possibly bringing unintended consequences for companies in future litigation, says Courtney Murphy at Clark Hill.
As businesses begin to reopen, they may seek to release themselves from negligence claims for COVID-19 infections through contractual waivers of liability, but whether a waiver is enforceable varies significantly by state, says Jessica Kelly at Sherin and Lodgen.
The California Supreme Court's forthcoming decision in Presbyterian Camp and Conference Centers v. Superior Court, which hinges on whether corporations can be held liable for the costs of investigating and fighting human-caused fires, could make forest restoration and wildfire prevention more expensive, say Ryan Waterman and Elisabeth Esposito at Brownstein Hyatt.
The Wisconsin Supreme Court’s decision last week invalidating the state's stay-at-home order as going beyond the governor's authority could make future executive orders limiting businesses' tort liability during post-pandemic reopening significantly less likely even in other states, says Brian Hauck at Jenner & Block.
When the dark cloud of COVID-19 has passed and resolution centers are once again peopled with warring parties and aspiring peacemakers, remote mediations will likely still be common, but they are not going to be a panacea for all that ails the dispute resolution industry, says Mitch Orpett at Tribler Orpett.
As California rapidly moves into stage two of its four-stage plan to lift coronavirus-related restrictions, state businesses will have to ensure they are in compliance with health and safety regulations and look to local guidance on when they may open again, say attorneys at WilmerHale.
Attorneys at Sheppard Mullin discuss the wage and hour challenges California employers may face during the COVID-19 pandemic and break down the Department of Industrial Relations’ FAQs about its enforcement positions.
For professors, trainers, lawyers, students and businesses grappling with the unexpected challenges of distance learning, trial attorney and teacher James Wagstaffe offers best practices for real-time online instruction.
The U.S. Supreme Court in 2012 unanimously blessed the idea of a "ministerial exception" to employment discrimination laws, but last week's arguments in Our Lady of Guadalupe School v. Morrissey-Berru make clear that the court won't be issuing a unanimous decision on the scope of this exemption, says R. Scott Oswald at The Employment Law Group.