Corporate

  • May 13, 2026

    Microsoft Exec Backed OpenAI Deal Amid Concerns, Jury Told

    Microsoft's chief technology officer testified in a California federal jury trial Wednesday over Elon Musk's challenge to OpenAI's for-profit conversion, recalling that he proposed Microsoft invest significant resources into OpenAI's for-profit arm to stay competitive despite his initial concerns over whether OpenAI's nonprofit donors had agreed to the for-profit partnership.

  • May 13, 2026

    'Powerful' Risk For Women Using Talc, UC Prof Tells Jury

    An epidemiology professor at the University of California, San Francisco testified Wednesday in a Los Angeles bellwether trial over claims Johnson & Johnson's talc products caused deadly ovarian cancer in three women, saying there are multiple studies concluding the product increases the risk of the disease, including one finding a "very powerful" risk.

  • May 13, 2026

    Ex-Client Can Relitigate Malpractice Suit Over Workers' Comp

    An Illinois appellate panel has reversed a summary judgment win for a Chicago attorney and her law firm in a legal malpractice dispute, saying a jury must evaluate whether her ex-client lost his workers' compensation case because of her failure to introduce a medical expert's opinion or whether he could have prevailed on appeal had the attorney filed one.

  • May 13, 2026

    Fintech Inks $8M Mass. Settlement Over 'Lease-To-Own' Biz

    A Texas-based financial technology company told a state court Wednesday it has agreed to a $7.8 million resolution of the Massachusetts attorney general's claims that it misled consumers about its "lease-to-own" contracts for consumer merchandise, causing customers to pay "far more than the retail price for their merchandise."

  • May 13, 2026

    Former Fairstead Partner Wins Chancery Fight Over Equity

    The Delaware Chancery Court on Wednesday handed a win to former Fairstead partner William Blodgett in a fight over whether two affiliates of Fairstead, a real estate firm, could use their LLC agreements to punish him for conduct that an arbitrator found breached his employment agreement.

  • May 13, 2026

    HealthSplash CEO Found Guilty In $450M Medicare Fraud Trial

    A Florida federal jury found a former healthcare company executive guilty on Wednesday of swindling Medicare out of $450 million with software that created false prescriptions for orthotic braces.

  • May 13, 2026

    Business Exec Says NBA Cut Him Out Of Airline Partnership

    A California businessman claims the NBA should have to cough up millions of dollars in damages for cutting him out of a lucrative sponsorship deal it struck with Emirates airline.

  • May 13, 2026

    SEC's New Enforcement Chief Touts 'Back To Basics' Message

    The U.S. Securities and Exchange Commission's new head of enforcement affirmed Wednesday that he fully supports Chairman Paul Atkins' focus on "quality over quantity" regarding cases, amid a dramatic decrease in original enforcement actions at the agency.

  • May 13, 2026

    Walgreens Investors' Opioid Suit Is Time-Barred, Judge Says

    Pharmacy giant Walgreens no longer faces a proposed class action alleging it hurt investors when it disclosed opioid-related litigation losses after a Chicago federal judge found the claims were time-barred.

  • May 13, 2026

    Tesla Shareholders Appeal Suit Dismissal Tied To Texas Move

    Tesla shareholders, whose breach of fiduciary duty suit against Elon Musk and the automaker's directors was dismissed last month following the company's move to Texas, appealed the dismissal to the Delaware Supreme Court on Wednesday.

  • May 13, 2026

    Colo. Jury Awards $1.3M To I-70 Project Subcontractor

    A Colorado state jury declined to award $32.5 million to the lead contractor of the reconstruction project of a 10-mile stretch of Interstate 70 in Denver, finding instead that the contractor breached a subcontract and owes its subcontractor $1.3 million in damages.

  • May 13, 2026

    Super Micro Hit With Investor Suit Over China Chip Sales

    A Super Micro Computer Inc. investor says he suffered losses as a result of a secret and illegal sale of servers embedded with Nvidia chips to China and the company's misleading statements, leading to a drop in its stock price, according to a proposed class action in California federal court.

  • May 13, 2026

    Judge Asks If Musk Is Getting Special Treatment In SEC Deal

    A D.C. federal judge said Wednesday she would not simply "rubber-stamp" a deal to abruptly end the U.S. Securities and Exchange Commission's lawsuit against Elon Musk over his initial purchase of Twitter Inc. stock in 2022, asking at a status conference if Musk was getting special treatment.

  • May 13, 2026

    Lawmakers Float Allowing Charitable Gifts From 401(k) Plans

    A bipartisan group of federal lawmakers on Wednesday introduced a bill that would allow workers to make tax-free charitable donations directly from their employer-sponsored retirement plans, building on a section of the retirement policy overhaul known as Secure 2.0.

  • May 13, 2026

    Meta Must Share Option Costs Post-Altera, IRS Says

    The Ninth Circuit's 2019 ruling against Altera Corp., which upheld rules requiring companies to share the cost of employee stock options with foreign affiliates, means that Meta's income for 2017-18 should be increased by roughly $3 billion, the IRS told the U.S. Tax Court.

  • May 13, 2026

    Apple Targets Hagens Berman 'Gamesmanship' In ICloud Suit

    Apple has lashed out at Hagens Berman Sobol Shapiro LLP for trying to withdraw a named plaintiff from an iCloud antitrust case in California federal court without discovery into any directions she received to preserve now-deleted emails, raising concerns that the withdrawal is meant to "paper over lost evidence."

  • May 13, 2026

    Bayer, Buyers Get Final OK Of $4.85M Benzene Settlement

    A New Jersey federal judge on Wednesday gave final approval to a $4.85 million settlement to end claims against Bayer Healthcare LLC and others alleging that antifungal products were contaminated with benzene.

  • May 13, 2026

    Judge Says X Can't Make Tim Cook Custodian In ChatGPT Suit

    A Texas federal judge shot down a request by X Corp. to make Apple Inc. CEO Tim Cook a custodian in a sprawling antitrust lawsuit X launched last year, but said Wednesday that it could make Apple's head of software a custodian.

  • May 13, 2026

    DOJ Fraud Division Set To Shake Up White-Collar Enforcement

    President Donald Trump's administration created the U.S. Department of Justice's National Fraud Enforcement Division with a narrow focus on combating government program fraud, but a move to retain federal prosecutors focused on other types of fraud could signal a wider scope with potential ripple effects across white-collar enforcement.

  • May 13, 2026

    5 Firms Steer Equinox, Orla Plan To Form $18.5B Gold Giant

    Five U.S. and Canadian law firms are advising Equinox Gold Corp. and Orla Mining Ltd. on a planned merger that would create an $18.5 billion entity and the second-largest producer of Canadian gold, the companies announced Wednesday.

  • May 13, 2026

    3rd Circ. Pauses Order For Del. To Share Wage Data With DHS

    Third Circuit judges gave the Delaware Department of Labor a brief reprieve from a district court order directing it to comply with a U.S. Department of Homeland Security subpoena requesting business wage reports for an immigration enforcement investigation.

  • May 12, 2026

    Ex-Google Engineer's Bid To Nix Conviction Nears Partial Win

    A California federal judge appeared open Tuesday to partly unwinding a jury's decision to convict a former Google engineer of trade secret theft and economic espionage, saying he's "somewhat skeptical" of the economic espionage charges since he doesn't see sufficient evidence the engineer intended to benefit China.

  • May 12, 2026

    'I Believe I'm Trustworthy,' OpenAI CEO Testifies In Musk Trial

    OpenAI Inc. CEO Sam Altman took the stand Tuesday in the California federal jury trial over Elon Musk's challenge to OpenAI's for-profit conversion, acknowledging that colleagues have accused him of being deceptive while testifying that "I believe I'm a trustworthy person."

  • May 12, 2026

    Authors Accuse OpenAI Of Arguing Differently On Each Coast

    An attorney representing authors accusing OpenAI of feeding their copyrighted works into training data for large language models told a New York federal magistrate judge Tuesday that the AI startup was asserting vastly different positions in New York and in an ongoing trial in California about whether it ever intended to become a for-profit enterprise.

  • May 12, 2026

    Bitcoin Depot Allowed Crypto Scam Via ATMs, Couple Says

    Bitcoin Depot systematically facilitated fraud involving cryptocurrency through its bitcoin ATM network, which targeted consumers who have lost thousands of dollars through the machines, according to a proposed class action in Idaho federal court brought by a couple who alleged they fell victim to such a scam.

Expert Analysis

  • Series

    Alpine Skiing Makes Me A Better Lawyer

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    Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.

  • Weighing The Practical Implications Of SC Kids' Privacy Law

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    South Carolina's recently enacted Age-Appropriate Code Design Act includes a unique provision: a private right of action for certain violations, but its practical effect remains uncertain, as courts and litigants grapple with complex questions of standing, causation and the definition of actionable harm, say attorneys at K&L Gates.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q1

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    In the first quarter of 2026, New York's banking developments were headlined by initiatives to expand oversight of financial institutions and strengthen consumer protection laws, including a new framework for buy now, pay later lenders, a sweeping debt collection rule and a revised corporate self-disclosure program for financial crimes, say attorneys at Proskauer.

  • Legal Theories In Social Media Verdicts Hold Clues On Impact

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    Although the two verdicts in cases in New Mexico and California involving Meta and Google are being lumped together, they rest on fundamentally different legal theories, and that distinction determines how their effects may be felt in other jurisdictions, says Mark Morgan at Day Pitney.

  • AI Recruiting Suit Shows Old Laws May Implicate New Tools

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    The Fair Credit Reporting Act allegations recently filed in Kistler v. Eightfold AI, are the latest example of broad definitional language in legacy statutes proving far more dangerous to companies deploying artificial intelligence – particularly in hiring – than any purpose-built artificial intelligence regulation, say attorneys at Ogletree.

  • 2 Rulings Poke Holes In Mandatory Restitution Framework

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    The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.

  • What Voluntary Calif. Carbon Reports Show About Compliance

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    While the enforcement of California's S.B. 261 is currently paused due to a Ninth Circuit injunction, more than 130 companies have nonetheless chosen to voluntarily publish climate-related financial risk disclosures, providing a useful snapshot of how the market is interpreting the law's requirements in practice, say attorneys at DLA Piper.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • How SEC And CFTC Are Attempting To End Their 'Turf War'

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    Through coordinated examinations and a shared aim to end duplicative regulation, the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission's recent memorandum of understanding could represent a significant shift in the regulatory landscape for market participants subject to the jurisdiction of both agencies, say attorneys at Jenner.

  • How Justices' GEO Ruling Resets Gov't Contractor Litigation

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    The U.S. Supreme Court’s recent GEO Group v. Menocal decision, holding that government contractors cannot immediately exit cases via interlocutory appeals, may increase litigation costs, strengthen plaintiffs' leverage in settlement negotiations and dampen the government's ability to attract bids on high-risk or sensitive projects, say attorneys at Wiley.

  • FTC Focus: Growing Emphasis On Competition In AI

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    The Federal Trade Commission's leadership has continued to highlight that competitive risks in artificial intelligence markets may arise at multiple levels simultaneously, considering not only who controls the resources necessary to build AI systems, but also how those systems function and yield outputs, say attorneys at Proskauer.

  • What's Missing From Latest Gov't Claims Against Harvard

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    The most interesting thing about the Trump administration’s recent civil rights enforcement efforts targeting Harvard University is its decision not to assert violations of the False Claims Act when given the opportunity, despite signals that its enforcement efforts will include use of the federal FCA, say attorneys at Bass Berry.

  • How Cos. Can Prepare For 'Made In America' Ad Scrutiny

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    The Trump administration's executive order to combat fraudulent "Made in America" claims in consumer-facing advertising, along with actions by the Federal Trade Commission, suggest a potential increased focus on consumer protection and pricing-related matters, say attorneys at Skadden.

  • Opinion

    FTC Case Risks Redefining Price Discrimination

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    Federal Trade Commission v. Southern Glazer puts a spotlight on the blurry line between illegal price discrimination and ordinary competition, and could potentially set a precedent that puts nearly any manufacturer at risk of Robinson-Patman Act enforcement, says Jeremy Sandford at Econic Partners.

  • Parsing Rule 12(c) Motion Overuse In Securities Class Actions

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    Defendants in securities class actions have more frequently been filing motions for judgment on the pleadings following the denial of motions to dismiss, but courts have recently demonstrated an increasing willingness to reject these previously rare motions, finding them transparent attempts to relitigate already-decided issues, say attorneys at Labaton Keller.

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