Campbell Soup Co. misleadingly enticed investors to scoop up stock at inflated prices before the shares’ value plummeted during an earnings decline, an investor said in a proposed class action filed Friday in New Jersey federal court.
A North Carolina hog farm that a jury found guilty of illegally spraying urine and feces into the air asked a federal judge on Friday to vacate the verdict and $3.25 million punishment, citing a recently amended state law that shields farms from such lawsuits.
A New York federal judge on Friday dismissed two counts against Pret A Manger in a suit alleging the restaurant regularly underfills its wraps, dropping one claim for injunctive relief and one for fraud from the proposed class action.
Corporate messaging software startup Slack Technologies is readying an IPO for the first half of next year, chicken and biscuits chain Bojangles could be up for grabs, and multiple private equity suitors have expressed interest in a major investment in Indian conglomerate Shriram Group.
A Delaware vice chancellor on Thursday dismissed a derivative suit against Blue Bell Creameries USA Inc. that sought damages for alleged director and officer failures to protect ice cream products in connection with a deadly listeria outbreak in 2015.
A California federal judge declined to sign off on a $5.25 million settlement over allegations that television personality Dr. Oz’s show misrepresented the effectiveness of “fat-busting” nutritional supplements after the parties expanded the proposed class to include more consumers.
Attorneys for three Delaware-chartered companies facing a suit over recent bylaw changes that made federal district courts their exclusive forums for Securities Act complaints argued Thursday in Chancery Court that state law already permits the move, despite dire warnings from challengers.
A Wisconsin federal judge on Thursday awarded $5 million in attorneys’ fees and costs to a bull stud company even though a jury found it infringed a bovine semen-sorting company's patents because the sorting company had engaged in anticompetitive practices, saying the stud company did an “impressive job” limiting its request to work related to its victory.
A Delaware bankruptcy judge on Thursday approved the Chapter 11 sale of bankrupt restaurant chain Real Mex to stalking horse bidder Z Capital Group for roughly $47 million after an auction was canceled because no other offers were submitted.
The judge overseeing Tops Markets' bankruptcy on Thursday said that any creditors who object to waiving their legal claims should explicitly say so, rejecting the U.S. trustee's arguments that the waiver should be "opt-in."
PetSmart Inc. and a pet food maker told the Seventh Circuit on Thursday its "prescription" cat food labels serve an informational purpose and didn't mislead consumers into buying food with no drug component.
The week before a series of trials were set to begin, a California federal judge has ruled that an online menu patent asserted against Domino’s Pizza Inc. and dozens of other restaurant, hotel and online ordering companies is invalid under Alice for claiming only abstract ideas.
Massachusetts-based coffee and beverage company Keurig Dr Pepper Inc. said on Thursday that it has agreed to acquire Core Nutrition LLC at a value of $525 million, in a deal that was guided by Skadden Arps Slate Meagher & Flom LLP and Gibson Dunn & Crutcher LLP.
A New York appeals court on Thursday revived a $100 million arbitral award issued to a Korean food conglomerate following a dispute with NutraSweet Co. over an aspartame deal gone bad, concluding a lower court judge had erred when he partially vacated the award due to the tribunal's manifest disregard of the law.
The U.S. Food and Drug Administration on Thursday said it's fast-tracking its review of plant-based foods, like soy milk, that are labeled as dairy alternatives, asking consumers to weigh in on how they consume such foods and interpret their labeling.
President Donald Trump's plan to provide $12 billion in support to American farmers caught in the crossfire of his escalating tariff battle with China drew scrutiny this week from World Trade Organization members, who suggested that the handout could violate global trade rules.
The U.K.’s competition watchdog said in an order released Thursday that its phase 1 investigation of Sainsbury’s planned purchase of Walmart Inc.’s U.K. subsidiary found hundreds of areas where the two stores overlap and that a merger could lessen competition.
The former owner of a Long Island, New York, catering hall pled guilty to a forced labor charge Wednesday for recruiting Filipino immigrants to the U.S. only to make them work at substandard wages and threatening to report them to immigration authorities if they complained, the U.S. Department of Justice said.
A Monsanto Co. vice president has been named Bayer AG's new general counsel for the U.S. shortly after the two agribusiness giants completed their $63 billion merger, Bayer confirmed to Law360 on Thursday, as it faces mounting lawsuits against some of its top products.
Papa John’s International has reportedly asked would-be buyers to submit bids for the business, Western Union is considering selling its business payments unit, and the owner of Godiva Chocolatier is mulling selling the Belgian chocolate maker’s Japanese business.
A lot has changed since I clerked for Justice Ruth Bader Ginsburg 20 years ago. At that time, I had hair and no wife. I also thought I knew everything — but working for the justice made me realize very quickly that I actually knew very little, says Ninth Circuit Judge John Owens.
Increasing U.S. and Chinese tariffs have magnified the challenges of doing business internationally, particularly for small and medium-sized enterprises. But review of products' tariff classifications, the public comment process for proposed tariffs, and tariff exemption applications all provide companies with opportunities to reduce harm, say Russell Menyhart and Ying Zhu of Taft Stettinius & Hollister LLP.
In 1993, Ruth Bader Ginsburg was confirmed to the U.S. Supreme Court, and I began my two-year clerkship with her. In her first opinion as a justice, and in dozens since, Justice Ginsburg reminded us how the law needs to operate if equality is to be a reality, says Margo Schlanger, a professor at the University of Michigan Law School.
The recent emergence of artificial intelligence-based technology has prompted serious concerns about the future integrity of recordings. Attorneys must think critically about standards for authenticating audio and video evidence as well as legislative and regulatory safeguards to discourage pervasive manipulation and forgery, says Jonathan Mraunac of Ogletree Deakins Nash Smoak & Stewart PC.
Last month, a little-noticed Fifth Circuit decision in Spec’s v. Hanover raised some important questions about the extent to which directors, officers and corporate liability policies may be called upon to respond to cyber breach incidents in which credit card data is stolen by unknown hackers, say Laura Foggan and Thomas Kinney of Crowell & Moring LLP.
Courtesy of the “grand bargain” legislation, significant changes are coming to Massachusetts employment law. Among other new requirements, employers should prepare for increases in the state minimum wage rates, revisions to tipped employees’ wages, and a new state-administered paid family and medical leave program, says Sean O’Connor of Morgan Brown & Joy LLP.
While I read with interest Law360's report analyzing the top 20 global law firms of 2018, I also noticed it doesn't tell the whole story. Global networks of independent law firms compare favorably with multinational firms in terms of geographic coverage, legal expertise, and awareness of local cultures and customs, says Glenn Cunningham of Interlaw Ltd.
Less than three weeks after the U.S. Supreme Court decided Lucia v. Securities and Exchange Commission, President Donald Trump signed an executive order applying the court’s rationale in Lucia to the hiring — and firing — of all administrative law judges in the federal government, making them entirely beholden to the heads of their agencies or the president for their jobs, says Brian Casey of Barnes & Thornburg LLP.
While Senate hearings on the nomination of Brett Kavanaugh to the U.S. Supreme Court will draw much attention during July, Congress remains very busy with fiscal year 2019 appropriations bills. The chambers may go to conference this month on the first of several appropriations "minibuses," says Layth Elhassani of Covington & Burling LLP.
People with certain personality traits tend to use certain words. A computer analysis of Judge Brett Kavanaugh’s D.C. Circuit opinions reveals that he is highly extraverted, which means that he would be a prominent voice on the U.S. Supreme Court, says Matthew Hall, a professor at the University of Notre Dame.