A man pled guilty in Massachusetts federal court Friday to helping the alleged mastermind of a $165 million global pump-and-dump scheme run a Swiss asset management firm that hid investors' control of penny stock companies before their shares were sold at inflated prices.
Japanese optics maker Hamamatsu is attempting to dismantle efforts by a Harvard-backed company to add $3 million on top of a $1.4 million jury verdict finding it stole "black silicon" technology created by a Harvard professor, saying the extra damages are based on nothing — literally.
A Massachusetts state court has found that a local Six Flags and its operator are on the hook for overtime hours worked in three out of six years claimed by a class of employees, finding that state law only exempts parks operating rides less than 150 days a year.
The U.S. International Trade Commission has launched investigations into LED products made by General Electric Co., the successor company to Philips Lighting NV and several others after a lighting company accused its competitors of infringing its patented technology.
At the first hearing in a multistate effort to block the merger of mobile telecom giants T-Mobile and Sprint on Friday, attorneys for New York told a Manhattan federal judge that four more states were joining the opposition to the "megamerger."
A California insurance executive pled guilty in Boston federal court Friday to paying $450,000 in bribes to get his daughter and son accepted to the University of Southern California as fraudulent athletic recruits as part of the so-called Varsity Blues college admissions scheme.
The First Circuit paused its decision that flipped a $34 million False Claims Act award from one whistleblower to another as the initial award winner's estate asks the U.S. Supreme Court to weigh in on a circuit split over a technical aspect of the "first-to-file" rule.
The Wampanoag Tribe of Gay Head can open its controversial casino on Martha's Vineyard after winning over the First Circuit, but the tribe must first secure municipal permits, a Massachusetts federal judge has ruled.
The First Circuit on Wednesday upheld the dismissal of a suit targeting former Maine Gov. Paul LePage over his 2015 threat to pull state funding from an educational nonprofit that offered a job to a political rival, finding LePage has qualified immunity against such claims.
A federal jury in Boston found an attorney and a retired U.S. Army colonel guilty on Thursday of making a plan to bribe government officials in Haiti in exchange for approvals on an $84 million port project.
A Boston federal judge issued a preliminary injunction Thursday that prevents U.S. Immigration and Customs Enforcement officers from making civil arrests at Massachusetts state courthouses, siding with two district attorneys in a showdown between state and federal authorities.
The U.S. Supreme Court on Thursday agreed to review a First Circuit decision that the members of the board overseeing Puerto Rico's bankruptcy were appointed unconstitutionally.
A Massachusetts federal judge responded with skepticism Thursday when told that a suit accusing Harvard University and the Harvard Law Review of being biased against white men can move forward without any specific details behind the allegations or naming a single victim of the alleged bias.
Several medical centers and spas were all subject to the same misrepresentations about Cynosure Inc.'s fat-reduction system and should be certified as a so-called issue class, an attorney for the group argued Thursday in Boston federal court, saying classwide concerns could be streamlined into a single trial before other, individual claims move forward.
A Keryx investor seeking to lead a shareholder class action over a 2016 stock drop shouldn’t head up the suit because his shares were bought through a now-defunct trust and the vital information allegedly hid by the company was actually disclosed, a Massachusetts federal judge heard Wednesday.
Massachusetts securities regulator William F. Galvin is confident that federal law leaves room for states to pass their own fiduciary duty rule for broker-dealers and is vigorously pursuing one of the nation’s first, telling Law360 that investors deserve better than the standards recently set by the U.S. Securities and Exchange Commission.
Recorded conversations involving two men who were pursuing an $84 million port project in Haiti offer clear evidence that they intended to bribe government officials in exchange for approvals, a prosecutor told jurors in Massachusetts federal court Wednesday as a seven-day trial concluded.
Massachusetts' state securities enforcement division will be taking a closer look at investment offerings involving the state's cannabis businesses, it said Wednesday, after charging a man with selling $1.3 million in unregistered cannabis securities.
Venture-backed Stoke Therapeutics Inc., a biotechnology firm developing therapies for genetic diseases, went public Wednesday after raising $142 million in an upsized initial public offering, steered by Fenwick & West LLP and underwriters' counsel Davis Polk & Wardwell LLP.
Amphastar Pharmaceuticals Inc. announced Wednesday it will receive nearly $60 million from two rival drug companies as part of a settlement to resolve an antitrust and patent suit.
Two teams of attorneys departed LeClairRyan this week, including the firm’s intellectual property department leader in California and co-chair of the consumer financial services group in Boston, adding to the defections that have rocked the Virginia-based firm throughout the year.
A Boston jury has awarded more than $21 million to a pair of marine contracting companies after finding a quasi-government agency dramatically underestimated the cost of a dredging project and refused to pay the additional money needed to complete the job.
A federal judge on Tuesday ordered a top official at the U.S. Immigration and Customs Enforcement office in Boston to provide more detail on how the agency concluded it should deport a man who is part of a certified class of immigrants married to American citizens.
More than two dozen rejected college applicants have filed a proposed class action in California federal court against the mastermind of the "Varsity Blues" admissions cheating scandal and eight universities tied to the headline grabbing case, claiming they were unfairly denied freshman spots while others bribed their way in.
While “cronyism” may have played a role in a white applicant getting a job over a black employee of the Massachusetts Bay Transportation Authority, a federal judge ruled there is not enough evidence to suggest the decision was based on race, granting the transit system a win.
Jury trials are not dying because arbitration is a “better product,” as alleged in a recent Law360 guest article, but because corporations have rigged the system through forced arbitration to ensure they cannot be held accountable before a judge or jury, say attorneys at Hagens Berman.
A key theme in Preet Bharara's new book is the enormous role the human element plays in the administration of justice. The former U.S. attorney for the Southern District of New York discussed this theme, among other topics, in a recent conversation with White and Williams attorney Randy Maniloff.
An administrative law judge's decision in Office of Federal Contract Compliance Programs v. Analogic rejected the theory of disparate impact that the OFCCP applied to sex-based pay discrimination and provides lessons on how contractors should respond to OFCCP pay system audits, say Soul Cherradi of BP, Dan Kuang of Biddle Consulting and attorneys at Bello Welsh.
As numerous states hurtle toward what they hope will be a sports gambling financial bonanza, a closer look at legalization reveals that the bonanza may be substantially overrated, says Ronald Katz of GCA Law Partners.
In a recent Law360 guest article, the author applauded the disappearance of jury trials as an inefficient, costly mechanism, but in doing so he overlooked the greater value of jury trials for our justice system, says Stephen Susman, executive director of the Civil Jury Project at NYU School of Law.
During the past 15 years, three widely read articles bolstered by starstruck media have promulgated the incorrect perception — sorely in need of revision — that the U.S. Supreme Court bar is limited to a handful of elite lawyers, says Lawrence Ebner of Capital Appellate Advocacy.
On April 4, the U.S. Department of Justice announced three settlements of False Claims Act cases, offering a glimpse into the ways the DOJ believes pharmaceutical companies have used charitable copay foundations to cover copays of government health program beneficiaries, circumvent anti-kickback laws and artificially bolster high drug prices, say attorneys with Skadden.
A D.C. federal court recently struck down Trump administration waivers allowing two states to impose work requirements on Medicaid recipients. The case is part of a larger partisan struggle in which President Donald Trump and Republican state attorneys general continue their efforts to dismantle Obamacare, says Lou Cannon of State Net Capitol Journal.
A critical component of any virtual law team assembled for mass tort litigation is a dedicated "law team," which tackles the legal strategy and drafts the many necessary pleadings, motions and other submissions, say attorneys at Pepper Hamilton and Faegre.
As the cannabis industry continues to grow, it will need more legal professionals to help navigate the turbulent business landscape, but lawyers should understand the industry's unique limitations and characteristics before diving in, says Sabas Carrillo of consulting firm Adnant.
A recent Law360 article reported on federal judges bemoaning jury trials' nationwide decline, but these laments are unfounded as jury trials have been replaced by better alternatives, says J.B. Heaton of J.B. Heaton Research.
The Ninth Circuit's recent decision in Wadler v. Bio-Rad falls within a larger pattern of federal courts interpreting whistleblower protection statutes narrowly — especially when employees raise allegations about international business and potential Foreign Corrupt Practices Act violations abroad, say Daniel Wendt and Amelia Hairston-Porter of Miller & Chevalier.
Instead of going to college after high school, I followed in my father’s footsteps and became an electrician. Later I became an electrical engineer, and then an IP attorney. Every twist and turn along the way has made me a better lawyer, says Joseph Maraia of Burns & Levinson.
Garden leave — when a departing employee remains on company payroll and cannot compete with the employer — is an attractive alternative to regular noncompetes. Elisaveta Dolghih of Lewis Brisbois discusses the advantages and disadvantages of garden leave provisions and provides drafting best practices.
In "The Jury Crisis," jury consultant and social psychologist Drury Sherrod spotlights the vanishing jury trial, providing a fascinating canary-in-the-coal-mine warning for lawyers, litigants and society at large, says U.S. District Judge Robert Conrad of the Western District of North Carolina.