Corporate

  • June 05, 2026

    Spotify Lawsuit Says Algorithms Squeeze Small Artists

    Spotify USA Inc. has been accused of unfairly reducing payments to small creators by implementing a 1,000-stream royalty threshold and changing the way it counts streams, saves and other engagement metrics, according to a lawsuit alleging violations of Connecticut trade laws.

  • June 05, 2026

    J&J Cleared Of Talc Liability In LA Bellwether Trial

    A Los Angeles jury cleared Johnson & Johnson of any liability in the deaths of three women from ovarian cancer, finding Friday following a six-week bellwether trial that the company's sales of talcum powder were not negligent. 

  • June 05, 2026

    Wamco Inks $100M SEC Deal Over 'Cherry-Picking' Scheme

    Western Asset Management Co. LLC on Friday agreed to pay $100 million to settle allegations from the U.S. Securities and Exchange Commission that the investment management firm "failed to take reasonable steps to detect and prevent" its former executive's purported cherry-picking practices.

  • June 05, 2026

    IRhythm Inks $45M Deal With Investors In Heart Device Suit

    IRhythm Technologies Inc. investors asked a California federal judge to preliminarily greenlight a $45 million settlement resolving allegations the digital healthcare company inflated stock prices with misrepresentations about its heart-event monitoring device, noting the deal is a favorable result that warrants approval, given the possibility of no recovery. 

  • June 05, 2026

    Healthcare Analyst Charged In 'Wall-Crossing' Insider Case

    A healthcare-sector securities analyst took in $350,000 by trading on insider information he received after being cleared to access company secrets in a process called "wall-crossing," federal prosecutors in Manhattan charged Friday.

  • June 05, 2026

    Paramount Criticizes Consumers' Antitrust Suit As Unserious

    Paramount Skydance has asked a California federal judge to toss a consumer antitrust challenge to its pending $110 billion acquisition of Warner Bros. Discovery, saying the lawsuit lacks essential elements to state a claim and criticizing the opposition for treating the litigation like a "sport" rather than a "serious matter."

  • June 05, 2026

    Klarna Says 'Buy Now, Pay Later' Users Agreed To Arbitration

    Klarna is fighting to send to arbitration a proposed class action that alleges its "buy now, pay later" service targets financially vulnerable people without screening out unaffordable lending, saying the lead plaintiffs have agreed multiple times to arbitrate disputes over Klarna's products and services.

  • June 05, 2026

    Ex-CFO Faces $35M Restitution With No Crypto Offset

    A Washington federal judge has ordered Fabric Inc.'s former chief financial officer to pay $35 million in restitution after he embezzled the sum from the software firm to invest in crypto tokens that later collapsed, rejecting his arguments that he shouldn't be on the hook for losses that occurred after he gave the tokens to the firm.

  • June 05, 2026

    Activist Warns SpaceX Investors Over Valuation, Governance

    SOC Investment Group is cautioning potential investors in SpaceX's upcoming initial public offering about perceived financial risks, saying it has an inflated valuation and issues over transparency and governance.

  • June 05, 2026

    In Industry First, Cannabis Co. Trulieve Will List On NYSE

    Multistate marijuana company Trulieve Cannabis Corp. announced Friday that in response to a Trump administration rule loosening federal restrictions on medical cannabis, it would be listed on the New York Stock Exchange beginning next week, a first for the marijuana industry.

  • June 05, 2026

    Credit Check Co. Will Pay $17.5M To Settle Data Breach Suits

    A Michigan federal judge has granted preliminary approval to a $17.5 million settlement for consumers who sued a loan credit check company following a data breach that potentially exposed the personal and financial information of some 5.8 million people.

  • June 05, 2026

    MoFo Adds AI-Focused Labor Atty From McDermott In LA

    Morrison Foerster LLP has expanded its employment and labor group in Los Angeles with the addition of a former McDermott Will & Schulte attorney.

  • June 05, 2026

    Saks Global OK To Exit Bankruptcy With $500M, Rebound Plan

    A Texas bankruptcy judge signed off Friday on retailer Saks Global's Chapter 11 plan, allowing the debtor to cut most of its existing debt and borrow $500 million in new money to support an effort to revitalize its business.

  • June 05, 2026

    CoStar Gets Antitrust Suit Paused Pending Transfers

    A Virginia federal judge granted commercial real estate information company CoStar's request to pause a brokerage's proposed antitrust class action due to pending transfer motions.

  • June 05, 2026

    Judge Asks How FCC Ruling Affects $6.6M IRS Penalty Fight

    A Pennsylvania federal judge ordered briefing on how the U.S. Supreme Court's new decision upholding agency fines without a jury trial affects a $6.6 million tax penalty dispute, signaling potential reconsideration of last year's opinion in the case.

  • June 05, 2026

    Taxation With Representation: Simpson Thacher, Fried Frank

    In this week's Taxation With Representation, Berkshire Hathaway Inc. takes Taylor Morrison Home Corp. private, global real estate investment company Kennedy Wilson forms a residential joint venture with Netherlands pension services provider APG, and Wellington Management acquires Hartford Funds from insurer The Hartford.

  • June 05, 2026

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Among the stories in corporate legal news you may have missed in the past week, investor advocates have questioned the legality of the SEC's plan to withdraw corporate climate disclosure regulations, and an insurance broker's report found claims made under policies for mergers and acquisitions have risen in frequency and severity.

  • June 05, 2026

    DLA Piper Adds Ex-ArentFox Schiff Gov't Contracts Lawyer

    DLA Piper LLP has hired a former ArentFox Schiff LLP government contracts partner who throughout his career has advised on multimillion-dollar deals for corporate, private equity and other clients.

  • June 05, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen the U.K.'s oldest Indian restaurant launch an appeal against King Charles III's property company in an effort to stop its eviction, trustees of a bankrupt former EY tax partner file a claim against his wife, and 37 leading insurers bring a lawsuit against agrichemical company Syngenta over an insurance dispute. Here, Law360 looks at these and other new claims in the U.K.

  • June 05, 2026

    4 Argument Sessions For Benefits Attys To Watch In June

    The Ninth Circuit will hear from a benefits administrator that claims federal law preempts state-law data breach claims, and Amazon will defend its win in a military leave bias suit at the Second Circuit. Here, Law360 looks at cases being argued in June that benefits attorneys should have on their radar.

  • June 04, 2026

    Trump Era Worse Than McCarthy For Speech, Law Dean Says

    The dean of UC Berkeley's law school told an audience of lawyers and artists on Thursday that America is experiencing "an unprecedented assault on the Constitution, on the First Amendment, and on freedom of speech," comparing the country under President Donald Trump unfavorably to the McCarthy era.

  • June 04, 2026

    Tyco To Pay $10M To Resolve Wis. PFAS Contamination Suit

    Tyco Fire Products has agreed to shell out $10 million and continue to address PFAS contamination in Wisconsin under what the state called a "historic" agreement resolving allegations that the company failed to report or remediate harmful chemicals seeping into the groundwater around a firefighting testing site.

  • June 04, 2026

    Draft House Bill Aims To Set Federal AI Regulatory Standard

    A bipartisan pair of House members Thursday released a draft proposal to create a federal framework for AI governance that would require large developers to take steps to address and disclose "catastrophic" risks while prohibiting states from crafting or enforcing laws "targeting the development of AI models" for three years.

  • June 04, 2026

    5th Circ. Unblocks Texas App Age-Check Law During Appeal

    The Fifth Circuit on Thursday paused an injunction halting a Texas law that requires app store owners to verify users' ages and block minors from downloading apps or making in-app purchases without parental consent, saying the state will likely succeed in showing the district court erred in blocking the law.

  • June 04, 2026

    Meta Says Section 230 Foils Social Media Addiction Verdict

    Meta urged a Los Angeles judge on Thursday to toss a landmark verdict against the social media giant and Google for harming a young woman's mental health, saying it deserves a total victory under Section 230 because the plaintiff was addicted to third-party content, not the platforms themselves.

Expert Analysis

  • AG Watch: Ohio Targets DEI Policies

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    As Ohio Attorney General Dave Yost seeks to eliminate diversity, equity and inclusion programs in both public education institutions and private companies, Ohio entities must carefully navigate this constantly evolving, highly contentious topic to avoid litigation while also not forfeiting their core principles, say attorneys at BakerHostetler.

  • Del. Coinbase Outcome May Have Been Different In Texas

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    The Delaware Court of Chancery's recent decision in Grabski v. Andreessen, finding that a member of the Coinbase special litigation committee was not independent, provides guidance for Delaware boards regarding the formation, composition and operation of SLCs, while offering a counterpoint to the procedures available to Texas-incorporated companies, says John Lawrence at Baker Botts.

  • Why The NCUA's Stablecoin Moment Matters

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    The National Credit Union Administration, a historically conservative federal agency, recently proposed a detailed stablecoin licensing framework, confirming that the proposition of building a regulatory architecture within the banking industry has moved well past "whether" and firmly into "how," says Stephen Aschettino at Fox Rothschild.

  • Lessons From Justices' Split On Major Questions Doctrine

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    The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.

  • Drug Wholesaler's DPA Shows Imperfect Efforts Still Count

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    Atlantic Biologicals’ recent deferred prosecution agreement with federal prosecutors for allegedly distributing controlled substances to pill mill pharmacies demonstrates that even subpar cooperation, when combined with genuine remediation and strategic advocacy, can yield outcomes that protect a company's long-term interests, says Jonathan Porter at Husch Blackwell.

  • Share Repurchases Leave Cos. Susceptible To Litigation

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    Because share repurchases bring greater ownership, which typically brings greater voting power, they can have serious implications for corporate control, which can raise questions about the unpaid benefits to some shareholders and lead to securities class actions, says Amit Bubna at Bates White.

  • How The New Tariff Landscape May Unfold

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    To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.

  • How DOJ Is Rethinking Corporate Crime Prosecution Tactics

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    Recent statements from the Justice Department seem to indicate an incremental shift away from relying on collective employee knowledge when prosecuting corporate crime, and from exploring the bounds of case law that has not been a model of clarity, say attorneys at Covington.

  • Del. Justices' Upholding Of SB 21 Gives Cos. Needed Clarity

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    The Delaware Supreme Court's recent unanimous decision in Rutledge v. Clearway Energy — upholding 2025 corporate law amendments enacted through S.B. 21, which clarified safe harbor protections and key terms — may help stem the DExit movement, whose proponents have claimed unpredictability in Delaware courts, say attorneys at Nelson Mullins.

  • Unique Issues Facing Brand-Compounder Patent Litigation

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    Recent litigation and potential enforcement action against Hims & Hers Health raise questions about how compounders and branded pharmaceuticals companies would be positioned in patent litigation as compared to generics companies, which would require strategies different from those that would be used in traditional Hatch-Waxman Act litigation, say attorneys at Morgan Lewis.

  • How Banks Can Apply FinCEN Beneficial Ownership Relief

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    A recent Financial Crimes Enforcement Unit order limiting the circumstances under which banks should identify and verify beneficial owners may allow banks to tailor their approach to verification compliance, but only after reviewing customer due diligence policies and evaluating alignment with their risk profiles, say attorneys at Cleary.

  • Series

    Volunteering With Scouts Makes Me A Better Lawyer

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    Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.

  • AI Communications May Be Discoverable In Patent Litigation

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    A New York federal court's recent determination that a defendant's correspondence with an artificial intelligence tool was not protected by attorney-client privilege may have significant ramifications for patent matters, highlighting the risk of AI use in patent prosecution and litigation tasks, say attorneys at Seed IP.

  • Series

    Law School's Missed Lessons: In Court, It's About Storytelling

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    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

  • How Leveraged Lending Pivot May Alter Bank Risk Oversight

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    The Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency's recent withdrawal of leveraged lending guidance introduces several principles that may allow banks to better apply enterprisewide risk management programs and potentially create additional competition in the private credit loan market, say attorneys at Mayer Brown.

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