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October 07, 2026
A New York federal court has given its final approval to a settlement that includes various corporate governance improvements for the home technology company Latch Inc., after shareholders sued the company's top brass for allegedly improperly recognizing revenue in financial disclosures which led to restatements and a stock price decline.
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October 07, 2026
A Colorado wireless internet company urged a Colorado appellate court Wednesday to overturn a $24 million judgment against it that the company says came without due process, fielding the panel's questions on the appropriate standard to use in evaluating the company's appraisal dispute with its shareholders.
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October 07, 2026
Empery Digital Inc. directors urged the Delaware Supreme Court on Wednesday to reverse a ruling requiring activist investor ATG Capital Opportunities Fund LP's board nominees to stand for election, arguing ATG failed to disclose an alleged voting arrangement with another stockholder, while ATG maintained the company is trying to impose disclosure requirements its bylaws do not contain.
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October 07, 2026
A proposed class of UWM Holdings Corp. stockholders urged a Delaware state court to stop the company from going forward with a $400 million stock offering, alleging that the residential mortgage lender's board of directors is offering the stock without sufficient disclosures.
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October 07, 2026
A group of objectors told a Connecticut federal judge they will continue to fight a $147.5 million class settlement over life insurance costs that the Second Circuit imperiled in August, writing that a retooled complaint against Lincoln National and a Cigna unit only amplifies their concerns.
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October 07, 2026
The U.S. Securities and Exchange Commission on Wednesday released a report into its investigation of a successful push for eco-friendly board members at ExxonMobil, warning institutional investors and asset managers that joining forces to exert influence over corporations could open them up to additional scrutiny.
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October 07, 2026
Egan-Jones Ratings Co. announced Wednesday that it has appointed a former branch chief of the U.S. Securities and Exchange Commission's Office of Credit Ratings as its senior director of ratings, several weeks after the SEC ruled that the firm will not be designated a nationally recognized statistical rating organization for rating bonds or asset-backed securities.
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October 07, 2026
Stoel Rives LLP has tapped a Pacific Northwest water rights lawyer to join its Seattle office as a partner, deepening the knowledge of the firm's environmental practice group with expertise in regulatory and infrastructure matters in industries ranging from tech to agriculture, the firm said Wednesday.
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October 07, 2026
A former president of a nonprofit organization serving the Telugu community who falsified tax returns by reclassifying expenditures meant to reimburse donors as legitimate expenses pled guilty to conspiracy to defraud the U.S. government in California federal court.
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October 07, 2026
Roblox Corp. is asking a Kentucky federal judge to send to arbitration a mother's suit alleging her teenage daughter died by suicide as a result of using the platform, saying both the child and her parents repeatedly agreed to an arbitration clause in its terms of service, and that it is immune from liability for third-party content.
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October 07, 2026
The U.S. Equal Employment Opportunity Commission is poised to roll back guidance on the use of workers' arrest and conviction records in employment decisions, now that the proposed rescission has been sent to the White House for review.
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October 06, 2026
Nike Inc. must face a proposed class action claiming it spammed customers' inboxes with emails containing misleading subject lines about discount deals that have no expiration dates, as a Washington state judge on Monday rejected Nike's argument that the plaintiff fails to adequately allege the emails were false.
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October 06, 2026
A hearing over Brad Pitt's efforts to obtain financial documents from his ex-wife Angelina Jolie in a real estate battle over their winery turned personal Tuesday when Pitt's female counsel from Bird Marella suggested Jolie's male counsel from Murphy Rosen was being sexist, an intimation Jolie's attorney vehemently denied.
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October 06, 2026
City leaders in Tacoma, Washington, have a duty to put a so-called Workers' Bill of Rights initiative to voters, a state appellate panel said Tuesday, holding in a published opinion that the city council failed to follow a charter provision requiring the council to "submit the proposal to the people."
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October 06, 2026
A California appeals court has upheld the dismissal of a suit accusing a Wells Fargo supervisor of sexually harassing a coworker on a business trip, saying employers are not strictly liable under the Fair Employment and Housing Act for sexual harassment by a supervisor who lacks supervisory authority over the plaintiff.
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October 06, 2026
The Kraft Heinz Co.'s global general counsel and corporate affairs officer, Angel S. Willis, who has served in her role for two years, plans to leave the company later this month to pursue other opportunities, according to a U.S. Securities and Exchange Commission filing.
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October 06, 2026
Executives and directors of ski resort operator Vail Resorts Inc. were hit with a shareholder's derivative suit accusing them of damaging the company by allowing it to participate in a horizontal price-fixing scheme with competitors, exposing it to antitrust litigation from customers.
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October 06, 2026
Tesla Inc. has been hit with product liability claims in Illinois state court by an insurer looking to recoup the money it paid a policyholder whose Model X was deemed a total loss after an electrical defect caused the vehicle to catch file while charging.
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October 06, 2026
A Manhattan federal judge sentenced a North Carolina musician to 18 months in prison Tuesday, after he admitted scheming to steal $8 million worth of streaming royalty payments using an army of fake accounts and artificial intelligence-generated songs.
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October 06, 2026
A group of commercial fishermen reached a deal with a Miami seafood wholesaler to resolve antitrust violations in Florida federal court, agreeing to a settlement in exchange for dropping proposed class claims that the company conspired to widen profit margins by artificially suppressing crab claw and spiny lobster tail prices.
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October 06, 2026
A Hertz Global Holdings Inc. stockholder has sued former CEO Stephen M. Scherr and a group of current and former officers and directors in Delaware Chancery Court, accusing them of concealing weak demand for electric-vehicle rentals while pursuing an EV strategy that allegedly left the rental-car company with hundreds of millions of dollars in losses.
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October 06, 2026
Two former Groq Inc. stockholders have sued the artificial intelligence chip company's directors and a former officer, alleging in a Delaware Chancery Court complaint that they improperly handed Groq's technology and engineering workforce to Nvidia Corp. through a roughly $20 billion reverse acqui-hire without a stockholder vote or a process aimed at getting the best price.
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October 06, 2026
Private equity firm Clayton Dubilier & Rice and healthcare company McKesson Corp. said Tuesday they have agreed to acquire Option Care Health for $5.8 billion, taking the largest U.S. independent provider of home and alternate-site infusion services private.
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October 06, 2026
The U.S. Department of Labor on Tuesday said it is withdrawing a proposal to remove interpretive rules and policy statements regarding the Fair Labor Standards Act that had not gone through notice-and-comment rulemaking.
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October 06, 2026
The U.S. Court of International Trade has nationwide jurisdiction over matters involving trade laws, which should give it authority to order tariff refunds for importers that paid the unlawful duties whether or not they filed their own challenge at the trade court, businesses told the Federal Circuit.