Corporate

  • June 26, 2026

    King & Spalding Insists On Fraud Suit Pause Amid 'Conflicts'

    King & Spalding LLP has urged a Connecticut state court to keep its involvement in a $300 million fraud lawsuit on hold while it challenges the denial of its attorneys' withdrawal from representing several individual defendants, citing "serious, nonwaivable conflicts of interest" that will prevent the firm from proceeding.

  • June 26, 2026

    Wells Fargo Customers Denied Class Cert. In Cash Sweep Suit

    A California federal judge determined Friday a proposed class of Wells Fargo customers accusing the bank of underpaying interest on cash sweep accounts can't be certified as of now because better inquiries are required into the statute of limitations in each potential member's state of residence.

  • June 26, 2026

    SEC Awards $20M To Securities Fraud Whistleblower

    The U.S. Securities and Exchange Commission has granted an award of about $20 million to a whistleblower for providing a tip to the agency about an alleged sophisticated securities manipulation scheme that led to an investigation, successful enforcement action and settlement.

  • June 26, 2026

    Ingram Micro Investor Sues Over Margin Loan To PE Owner

    An institutional investor has brought a derivative lawsuit in Delaware's Chancery Court accusing California technology company Ingram Micro Holding Corp.'s controlling stockholder of exploiting its power to facilitate a margin loan that put stockholders at risk of major losses and violated the company's trading policy.

  • June 26, 2026

    NY Times, Other News Orgs Reframe AI Claims In Wake Of Cox

    The New York Times has expanded its suit against Microsoft alleging copyrighted content was used to train artificial intelligence, while trimming some contributory infringement claims in light of the U.S. Supreme Court's Cox ruling, a move that was followed by a group of regional newspapers requesting to do the same.

  • June 26, 2026

    Fintech Execs Tell 11th Circ. Token Wasn't Security

    Two former executives at fintech company Hydrogen Technology Corp. have asked an Eleventh Circuit panel to vacate their convictions and sentences, arguing there was insufficient evidence to support the charges that they conspired to manipulate the market for Hydrogen's digital assets.

  • June 26, 2026

    Beacon Stockholder Challenges Director Removal Rule

    A Beacon Financial Corp. stockholder has filed a proposed class action in Delaware Chancery Court seeking to invalidate a charter provision requiring directors to be removed only for cause, arguing the restriction violates Delaware corporate law because the bank holding company no longer has a classified board.

  • June 26, 2026

    High Court To Issue Big Decisions In Term's Final Days

    As the U.S. Supreme Court enters the final days of its term, the justices still have several major decisions to issue, including some concerning birthright citizenship, the president's power to remove independent agency officials, transgender athletes and election rules. 

  • June 26, 2026

    Blue-White Stripes Common Frozen-Treat Decor, TTAB Says

    Ralph's Famous Italian Ices Franchise Corp. cannot register as a trademark the blue-and-white vertical stripe pattern used on its shops, packaging and marketing materials, the Trademark Trial and Appeal Board ruled in a precedential opinion that found the pattern too common in the frozen-dessert, beverage and restaurant fields.

  • June 26, 2026

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    A Connecticut federal judge told attorneys to challenge clients who demand use of generative artificial intelligence tools to conduct legal research, and a Kansas federal judge blocked a state law imposing requirements on proxy advisers' voting recommendations. These were among the stories in corporate legal news you may have missed in the past week.

  • June 26, 2026

    Trump Threatens 100% Tariff For EU Nations Planning DSTs

    President Donald Trump threatened to impose a 100% tariff on imports entering the U.S. from countries in the European Union planning to levy new digital service taxes, according to a social media post Friday.

  • June 26, 2026

    Fla. Judge Won't Lift Asset Freeze In $91M Fake Benefits Suit

    A Florida federal judge declined a request to lift a freeze on two siblings' assets after the Federal Trade Commission accused them of orchestrating a $91 million fraudulent health benefits scheme, ruling they need to find other ways to pay their attorneys.

  • June 26, 2026

    Chiesa Shahinian Adds Fox Rothschild Corporate Partner

    Chiesa Shahinian & Giantomasi PC has added a corporate partner from Fox Rothschild LLP with over four decades of experience in the specialized area of car dealership representation.

  • June 26, 2026

    Taxation With Representation: Sidley, Paul Weiss, Kirkland

    In this week's Taxation With Representation, Germany's Merck KGaA acquires life sciences tools supplier Bio-Techne Corp., drugmaker AbbVie buys clinical-stage biotechnology company Apogee Therapeutics, and building materials supplier CRH acquires infrastructure products maker Arcosa Inc.

  • June 26, 2026

    Firm Beats DQ Bid Over Deposition In Housing Authority Suit

    A Connecticut judge has denied a bid to disqualify Rose Kallor LLP from representing a Connecticut housing authority and related entities in litigation accusing a former employee of misappropriating funds, saying the ex-employee hasn't shown the firm or two of its attorneys should be barred from the case at this time.

  • June 26, 2026

    Caesars Expands Maine Tribal IGaming Agreement Amid Suit

    Caesars Entertainment Inc. says it has expanded an existing partnership with three of Maine's Wabanaki Nations to include online casino gambling within the state, with a launch date this year, pending regulatory approvals.

  • June 26, 2026

    REIT Execs Hid Queens Megacampus Woes, Suit Says

    A stockholder for life sciences-focused real estate investment trust Alexandria Real Estate Equities Inc. has alleged in California federal court that the REIT's top executives lied about how much money the company was making from its leased Queens megacampus in New York.

  • June 26, 2026

    Chicago IP Duo Leave Winston For King & Spalding

    King & Spalding LLP has added two more ex-Winston & Strawn LLP partners who will reunite with 15 former colleagues who joined the firm earlier this year.

  • June 26, 2026

    Del. Justices Back Trade Desk In Nevada Records Fight

    The Delaware Supreme Court on Friday upheld a Delaware Chancery Court ruling limiting a stockholder's inspection rights, affirming that The Trade Desk Inc. does not have to produce director emails and other informal communications sought in an investigation into the advertising technology company's 2024 reincorporation from Delaware to Nevada.

  • June 26, 2026

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

    The past week in London has seen Michelle Mone sued by PPE Medpro, Broadfield Law sued by the founders of an international aid company, and litigation funder Fortress bring a claim against Edwin Coe and businesses the law firm represented in a cartel claim.

  • June 25, 2026

    Black & Decker Owes Tariff Plan Refunds, DeWalt Buyer Says

    A DeWalt tools purchaser on Thursday filed a proposed class action against its parent company, Stanley Black & Decker, claiming that the company hiked prices as a result of tariffs that were later deemed illegal and now owes consumers refunds as a result.

  • June 25, 2026

    Meta Fails To Knock Out BIPA Voiceprint Privacy Claims

    A California federal judge has refused to let Meta Platforms Inc. escape an Illinois woman's proposed class claims that Meta collects "voiceprints" in violation of Illinois' Biometric Information Privacy Act, saying in a ruling unsealed Thursday that whether Meta obtained her voice recordings in a way capable of identifying her was still up for dispute.

  • June 25, 2026

    CFPB Updates Online Complaint Process To Stem 'Abuse'

    The Consumer Financial Protection Bureau is updating its complaint submission process, including by requiring those who submit complaints online to verify their email address and phone number, in moves that the National Consumer Law Center said aim to discourage complaints against the major credit reporting companies.

  • June 25, 2026

    Tesla Autopilot Crash Killed Grandmother, Lawsuit Claims

    A crash where a Tesla Model 3 plowed through a Texas family's home, fatally wounding a 76-year-old grandmother, is currently the subject of a federal probe and a wrongful death lawsuit, the latter of which claims the automaker knowingly sold dangerously defective self-driving systems.

  • June 25, 2026

    Texas Faces Tough Questions In Tylenol Autism Appeal

    A Texas appellate court seemed skeptical Thursday of an argument that the parent entities of the company that sells Tylenol should have to defend claims that the pain reliever causes autism, suggesting that the companies don't have enough ties to Texas.

Expert Analysis

  • 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.

  • Series

    Mich. Banking Brief: All The Notable Legal Updates In Q1

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    Michigan's financial services sector saw several significant developments in 2026's first quarter, including the state Department of Insurance and Financial Services' issuance of a bulletin on the use of artificial intelligence and the Michigan House's introduction of a bill based on the Model Money Transmission Modernization Act, say attorneys at Dykema.

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