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TOP NEWS
POLICY & REGULATION
COURT OF CHANCERY
Brief
Chancery Asked For 120-Day Stay Of Virgin Galactic Suit
By Jarek Rutz
The Delaware Chancery Court has been asked to temporarily pause a stockholder derivative suit accusing Virgin Galactic founder Richard Branson and other leaders of the spaceflight company of concealing safety risks while selling stock, as related litigation over similar allegations moves toward possible settlement in federal court.
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BANKRUPTCY COURT
THIRD CIRCUIT
DISTRICT COURT
Oracle Oversold AI Infrastructure Spending, Investor Says
By Lauren Berg
An Oracle Corp. shareholder has accused the company in Delaware federal court of overly promising that its increased spending on artificial intelligence infrastructure would accelerate revenue growth despite concerns about its increasing contractual reliance on OpenAI, saying OpenAI itself is beholden to "AI tailwinds continuing and its models being a market leader."
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EXPERT ANALYSIS
LEGAL INDUSTRY
Fake Case Pulled From Toshiba Malicious Prosecution Suit
By Bryan Koenig
A former printer toner salesman is trying to salvage his lawsuit against Toshiba after the company flagged nonexistent citations, apologizing to the California federal court in a corrected brief Thursday defending claims that the electronics company manufactured a criminal case against him and others to maintain an illegal monopoly.
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