PE-Backed Medical Supplies Giant Medline Files For IPO

By Yeji Jesse Lee

Private equity-backed medical supplies giant Medline has filed for its long-awaited initial public offering, eyeing a return to public markets four years after being taken private through a large buyout. 

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Kirkland, Simpson Advise On $2.2B Jamf Go-Private Deal

By Al Barbarino

Tech-focused private equity firm Francisco Partners will acquire Jamf in an all-cash transaction valued at approximately $2.2 billion, the companies said Wednesday, in a deal steered by Kirkland & Ellis LLP and Simpson Thacher & Bartlett LLP. 

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3 Firms Guide Thermo Fisher On $8.9B Clario Deal

By Al Barbarino

Thermo Fisher Scientific Inc. said on Wednesday it will acquire Clario Holdings Inc., a provider of endpoint data solutions for clinical trials, from a shareholder group led by Astorg, Nordic Capital, Novo Holdings and Cinven for $8.875 billion in cash.

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Dems Spotlight Risks Of Crypto, Private Equity In 401(k) Plans

By Grace Elletson

The Trump administration's support for cryptocurrency and other private market investments in American retirement plans is "dangerous," a group of Democratic senators told two agencies tasked with carrying out an executive order that aims to make it easier for retirement plans to feature such assets.

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FINRA Incorporates AI Into Surveillance, Risk Reviews

By Sarah Jarvis

The Financial Industry Regulatory Authority has made extensive use of artificial intelligence internally, including for market surveillance and conducting firm risk reviews, the regulator's top executive said Wednesday.

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FDIC's Hill To Cite Reform Focus, Experience At Senate Vetting

By Jon Hill

Acting Federal Deposit Insurance Corp. Chairman Travis Hill plans to kick off his Thursday pitch for U.S. Senate confirmation by stressing priorities that have included sharpening the agency's focus on "material financial risks" and strengthening its readiness to handle major bank failures.

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Bank Groups Press 5th Circ. To Rehear OCC In-House Case

By Jon Hill

Banking industry groups have urged the Fifth Circuit to revisit a panel decision allowing federal regulators to try banking enforcement cases in-house, arguing the ruling was wrong and risks stripping thousands of banks and millions of bankers of their right to a jury trial.

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Taro Pharma Beats Investor Suit Over $43-Per-Share Buyout

By Katryna Perera

A New York federal judge tossed a proposed class action brought by minority shareholders of Taro Pharmaceutical Industries Ltd. that alleged the company and its majority shareholder misled them during the approval process for a $43-per-share buyout, finding the minority shareholders have failed to plead any actionable misstatements or omissions.

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Ex-Staffer For SEC Filings Co. Cops To Insider Trading

By Stewart Bishop

A former employee of a vendor that assists public companies with Securities and Exchange Commission filings on Wednesday admitted to using his position to obtain confidential deal information that fueled an insider trading scheme, netting him and a colleague more than $2.2 million in illegal profits.

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Tesla Urges Del. Justices To Cut $176M Atty Fee In Options Suit

By Jeff Montgomery

Warning of a "shaking of public confidence," a Tesla Inc. attorney on Wednesday asked Delaware's Supreme Court to cut a $176.2 million class attorney fee award to $40 million in a case that saw Delaware's chancellor cancel $730 million in the electric car company's director stock options.

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ZoomInfo Must Face Investors' Accounting Fraud Suit

By Jessica Corso

A Washington federal judge is allowing investors in software provider ZoomInfo Technologies Inc. to move forward with claims that the company acted to conceal post-pandemic customer losses, but threw out allegations against controlling shareholders that the judge said lacked a factual basis.

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Series

The Biz Court Digest: Texas, One Year In

A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.

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Series

Law School's Missed Lessons: Educating Your Community

Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

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The Law360 Pulse Leaderboard: A Look At The Top Firms

By Sam Bell and Xiumei Dong

What sets a law firm apart in a market full of power players? What does it take to be a well-rounded firm? Here's a peek at the 2025 Law360 Pulse Leaderboard — the firms that can demonstrate excellence on measures of prestige, responsible business, and the reach of their legal practice.

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GOP Senators Push For Judge Boasberg's Impeachment

By Courtney Bublé

Republican lawmakers are once again musing about impeaching federal judges as they investigate the probe into President Donald Trump's alleged efforts to overturn the results of the 2020 election.

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BigLaw-Backed Pro Bono Network Aims To Fight Antisemitism

By Aebra Coe

Gibson Dunn & Crutcher LLP and the Anti-Defamation League are spearheading a new pro bono network of law firms focused on representing victims of antisemitic attacks and discrimination in legal proceedings, the law firm announced Wednesday.

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Halligan Defends Exchange With Reporter Flagged By James

By Jared Foretek

Federal prosecutors argued that special media restrictions aren't needed in their case against New York Attorney General Letitia James, after her lawyers called out U.S. Attorney Lindsey Halligan's texts to a reporter in a filing last week and asked the court for an order barring further media communications.

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Alston & Bird Sanctioned $10K For LinkedIn Juror Research

By Elliot Weld

A California federal judge has sanctioned Alston & Bird LLP $10,000 for conducting juror research on LinkedIn ahead of a trial in which it fended off $174 million in patent infringement claims against GoPro, saying privacy has been eroded in the age of the internet, and he considers LinkedIn research to be juror contact because of the notifications it sends to users.

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Analysis

Feds Ditch Usual Mob Case Playbook In NBA Betting Scandal

By Phillip Bantz

The government's decision not to bring Racketeer Influenced and Corrupt Organization Act charges in the Mafia-linked NBA gambling scandal could help avoid muddying up what appears to be a "beautifully crafted" case, experts said.

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Netflix Settles Former India Legal Director's Gender Bias Suit

By Bonnie Eslinger

Netflix has settled a wrongful termination and gender discrimination suit filed by the company's former director of business and legal affairs in India, according to a Los Angeles County Superior Court filing.

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4 Ways Associates Can Ace Their Annual Review This Year

By Tracey Read

It’s year-end review time. How can associates put themselves in the best position possible to advance their careers? Here are four tips.

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Alabama Solicitor General Confirmed To Federal Bench

By Courtney Bublé

The Senate voted 51-47 along party lines on Wednesday to confirm Alabama Solicitor General Edmund G. LaCour Jr. to the Northern District of Alabama.

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Analysis

Where PTAB Institution Reviews Stand As Squires Takes Lead

By Dani Kass

U.S. Patent and Trademark Office Director John Squires will be maintaining the agency leader's new role of gatekeeper at the Patent Trial and Appeal Board. Here's what to know about his plans and the pushback on them.

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Squires To Issue Brief 'Up Or Down' Calls On Patent Reviews

By Ryan Davis

When U.S. Patent and Trademark Office Director John Squires begins issuing decisions on whether to institute America Invents Act reviews of patents, he will not provide any details of his reasoning in most cases, USPTO officials said Wednesday.

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