Corporate

  • May 08, 2026

    Ex-Wachtell Lipton Atty Tied To Stolen BigLaw Info Trades

    A former Wachtell Lipton Rosen & Katz attorney who later worked for investment bank LionTree LLC is an unindicted co-conspirator in a sweeping alleged insider trading scheme that involved stolen information from several prominent law firms, according to a review of publicly available information.

  • May 08, 2026

    Former Exec Says Herb Chambers Reneged On $10M Bonus

    A former vice president of a New England auto dealership group that sold for $1.34 billion last year says former owner Herb Chambers broke a promise to pay him a $10 million "closing bonus" upon the sale of the company, according to a complaint filed Friday in Massachusetts state court.

  • May 08, 2026

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    The head of the U.S. Department of Labor's employee benefits section said agency investigations will focus on benefit plan managers' loyalty conflicts, including pursuit of socially conscious goals. Meanwhile, Dell became the latest company to consider Texas as its new legal home. These are among the stories in corporate legal news you may have missed in the past week.

  • May 08, 2026

    Publishers Seek Default, $19.5M From 'Shadow Library'

    Thirteen major book publishers have asked a New York federal court to enter a default judgment against Anna's Archive, seeking $19.5 million in damages after the alleged "shadow library" failed to respond to claims that it illegally distributes pirated books and research papers.

  • May 08, 2026

    Eversheds Sutherland Hires Ex-SEC Counsel In DC

    Eversheds Sutherland has hired a 16-year veteran of the U.S. Securities and Exchange Commission as a counsel in its U.S. capital markets and investments practice group.

  • May 08, 2026

    Legal Industry Bounces Back, Gaining 2,400 Jobs In April

    The legal sector is once again on a positive trajectory, gaining 2,400 jobs last month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

  • May 08, 2026

    Using FCA To Go After DEI Poses Legal Hurdles For DOJ

    The Trump administration's use of the False Claims Act to go after DEI policies diverges from past administrations' use of the civil fraud statute to tackle policy initiatives in key ways that may pose legal challenges to enforcement.

  • May 08, 2026

    Mike Lindell's Atty Sanctioned Again For False Case Citation

    A Colorado federal judge has sanctioned the attorney defending Mike Lindell in a defamation lawsuit brought by a Dominion Voting Systems executive for a second time after finding an incorrect citation in a filing, despite the attorney's representation that the mistake was a product of human error, not artificial intelligence.

  • May 08, 2026

    Taxation With Representation: Corrs, Kirkland, Linklaters

    In this week's Taxation With Representation, gold companies Regis Resources and Vault Minerals combine, Long Lake Management acquires American Express Global Business Travel and Vodafone buys out CK Hutchison Holdings to become the sole owner of their telecommunications joint venture.

  • May 08, 2026

    DOL Benefits Chief Warns Of 'Bad Faith' Focus On ESG, DEI

    The top official for the U.S. Department of Labor's employee benefits subagency said at a trade association conference Friday that agency investigations will focus on benefit plan managers' loyalty conflicts, including disloyal pursuits of socially conscious investing or diversity goals.

  • May 08, 2026

    Mattel Investor Urges Sale To PE, Toy Makers Or Media Cos.

    A longtime shareholder of toy and entertainment company Mattel says the company would be better positioned for long-term growth under new ownership, including by private equity firms, rivals such as Hasbro, or major media companies.

  • May 07, 2026

    OpenAI CEO Altman Fueled 'Toxic Culture Of Lying,' Jury Told

    California federal jurors weighing Elon Musk's challenge to OpenAI's for-profit conversion on Thursday watched prerecorded testimony from a former OpenAI board member who voted to oust CEO Sam Altman in 2023 over concerns his pattern of lies and deception fostered a "toxic culture of lying."  

  • May 07, 2026

    Estée Lauder Investors Reach $210M Deal Over Share Inflation

    Estée Lauder investors on Thursday asked a New York federal judge to greenlight a $210 million settlement resolving their proposed class claims that the cosmetics company and its top brass announced unrealistic expectations for growth amid the ongoing effect of the COVID-19 pandemic on its business.

  • May 07, 2026

    J&J Feared FDA's 'Disturbing Proposal' To Test Talc, Jury Told

    A former U.S. Food and Drug Administration commissioner testifying Thursday in a Los Angeles bellwether trial over claims Johnson & Johnson's talc products caused three women's deadly ovarian cancer described an internal document showing J&J feared the FDA's "disturbing proposal" to test the talc instead of relying on industry self-testing.

  • May 07, 2026

    Ex-Beneficient CEO Convicted In $150M Shell Co. Fraud

    The former CEO of Texas financial services firm Beneficient was convicted by a Manhattan federal jury on Thursday of securities fraud and other charges connected with a scheme to fraudulently loot more than $150 million from now-defunct GWG Holdings, a publicly traded company for which he served as chairman.

  • May 07, 2026

    Colo. Jury Asked To Award I-70 Project Contractor $32.5M

    A New York engineering and design firm that contracted to reconstruct a 10-mile stretch of Interstate 70 in Denver asked a Colorado state jury to award it $32.5 million for breaches it says a subcontractor made during the project's course.

  • May 07, 2026

    9th Circ. Backs Lead Choice In Super Micro Investor Fraud Suit

    A Ninth Circuit panel has refused to undo a California federal court order rejecting Crain Walnut Shelling's bid to lead a securities class action against Super Micro Computers Inc., concluding Thursday the lower court properly determined other investors had shown the nut processor wasn't fit to spearhead the case.

  • May 07, 2026

    $495M Win Upheld In Abbott Baby Formula Bellwether Trial

    A Missouri appellate panel on Tuesday upheld a trial win of $95 million in compensatory damages and $400 million in punitive damages over bellwether claims that Abbott Laboratories' baby formula caused a premature baby to suffer a fully disabling condition.

  • May 07, 2026

    Bayer Sued Over Healthy Sperm Claim On 'One A Day' Pill

    Bayer AG has been hit with a proposed class action in New York federal court alleging that claims on its Men's One A Day Pre-Conception Health Multivitamin supplements misleadingly convey that they could improve chances of conception and support sperm health.

  • May 07, 2026

    Pentagon Defends Anthropic Security Risk Label At DC Circ.

    The U.S. Department of Defense told the D.C. Circuit on Wednesday that Defense Secretary Pete Hegseth acted well within his statutory discretion when he labeled Anthropic PBC a supply-chain risk to U.S. national security, rejecting Anthropic's claims of retaliation.

  • May 07, 2026

    'Miscarriage Of Justice' Wipes Out $2.5M Injury Verdict

    A New Jersey state appeals court has tossed a $2.5 million verdict in a lawsuit accusing Public Storage of causing a woman's fall injuries, saying it was a "miscarriage of justice" for the lower court to allow repeated references to irrelevant evidence by the plaintiff's counsel.

  • May 07, 2026

    Liberty Left Client Info Vulnerable To Hackers, Suit Alleges

    Liberty Mutual Insurance Co. faces a proposed consumer class action alleging it failed to effectively safeguard private information for current and former clients after hackers claimed they stole information and sought a ransom payment.

  • May 07, 2026

    Meta Seeks To Toss LA Jury's Social Media Addiction Verdict

    Meta and its Instagram platform asked a Los Angeles judge to override a landmark jury verdict awarding millions of dollars in damages to a woman claiming she became addicted to the social media site as a child, saying in the alternative they deserve a new trial.

  • May 07, 2026

    Pharma Cos. Hit With $2M Judgment Over CBD Investor Fraud

    A California federal judge has issued final judgments against a pharmaceutical company, its CEO and an affiliate on claims from the U.S. Securities and Exchange Commission that they defrauded investors of $6.6 million, hitting them with more than $2 million in damages and civil penalties.

  • May 07, 2026

    Trump's Temporary Global Tariffs Illegal, Trade Court Rules

    President Donald Trump's temporary global 10% tariffs are unlawful because the narrow set of economic conditions required for the measure to be imposed were not met, the U.S. Court of International Trade said Thursday in a divided opinion.

Expert Analysis

  • Series

    Officiating Football Makes Me A Better Lawyer

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    Though they may seem to have little in common, officiating football has sharpened many of the same skills that define effective lawyering in management-side labor and employment: preparation, judgment, composure, credibility and ability to make difficult decisions in real time, says Josh Nadreau at Fisher Phillips.

  • Prediction Market Platform Probes Merit Strategic Responses

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    As the battle over the regulation of prediction markets is being waged between states and the federal government, investigations into insider trading allegations are increasingly originating from inside the exchanges themselves, creating obvious risks for market participants — as well as opportunities, say attorneys at Kobre & Kim.

  • Shifts At DOJ Alter Corporate Self-Disclosure Calculus

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    Though the Justice Department's new criminal enforcement policy clarifies the benefits of corporate self-disclosure, recent changes to prosecutorial priorities and resources mean that companies should reassess whether cooperation incentives still outweigh the risks of nondisclosure, says Hui Chen at CDE Advisors.

  • Cos. Must Update Protocols To Protect Trade Secrets From AI

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    A recent data exposure incident at Meta shows how artificial intelligence agents present a novel trade secret threat, which should be addressed by a proactive overhaul of companies' reasonable-measures framework, says Eric Ostroff at Meland Budwick.

  • Series

    Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • Evaluating Congressional Investigation Risk In Deal Diligence

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    Given the increasing frequency and sophistication of congressional investigations into corporate business practices, companies conducting transactional due diligence should add procedures to assess and mitigate the unique challenges and wide-ranging risks that can arise from Capitol Hill’s scrutiny, say attorneys at Covington.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • Del. Ruling Shows Power Of Postclose Governance Provisions

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    After the Delaware Court of Chancery reinstated a target company's CEO as part of the equitable remedy in Fortis Advisors v. Krafton, deal parties should emphasize the importance of postclosing governance provisions to earnout economics, knowing that they will have to live with these provisions for the duration of the earnout period, say attorneys at Sidley.

  • The Role Of Operational Data In Tech Platform Liability Suits

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    As litigation becomes a de facto substitute for the regulation of major technology platforms, with plaintiffs advancing claims under product liability, public nuisance and consumer protection laws, among others, courts are evaluating how platform systems operate in practice based on large-scale operational data, say attorneys at Brattle.

  • How Banks Can React To Risks In FinCEN Whistleblower Rule

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    Financial institutions should reassess and, if necessary, strengthen existing policies, procedures and other frameworks related to whistleblowers and internal reporting in light of the Financial Crimes Enforcement Network's recent proposal to formalize a whistleblower award program, say attorneys at Arnold & Porter.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • What GCs Should Consider Before Tendering TM Litigation

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    When a trademark lawsuit lands on a general counsel's desk, the instinct is to tender it to the insurer, but that model often breaks down in intellectual property litigation, where the stakes extend far beyond defense costs to injunctions, forced rebranding and permanent market constraints, says Bill Wagner at Taft.

  • Series

    Isshin-Ryu Karate Makes Me A Better Lawyer

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    My involvement in martial arts, specifically Isshin-ryu, which has principles rooted in the eight codes of karate, has been one of the most foundational in the development of my personality, and particularly my approach to challenges — including in my practice of law, says Kaitlyn Stone at Barnes & Thornburg.

  • Opinion

    CBP's $166B Tariff Refund Portal Needs 4 Safeguards

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    Before launching its automated web portal to process tariff-refund disbursements on April 20, U.S. Customs and Border Protection should apply the expensive lessons learned from the pandemic-era employee retention credit, says Peter Gariepy at RubinBrown.

  • How CFPB Opinion Changes Earned Wage Access Definition

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    The Consumer Financial Protection Bureau's recent conclusion that earned wage access is not "credit" for purposes of Regulation Z of the Truth in Lending Act improves on prior guidance on these products in several meaningful ways, say attorneys at K&L Gates.

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