Elon Musk made "deliberate and carefully devised" statements to drive down Twitter's stock price after offering $44 billion for the company, Twitter investors' counsel told a California federal jury during closing arguments Tuesday, while Musk's lawyer insisted that there's no evidence of securities fraud and that it's not a crime to "tweet stupid things."
Elon Musk made "deliberate and carefully devised" statements to drive down Twitter's stock price after offering $44 billion for the company, Twitter investors' counsel told a California federal jury during closing arguments Tuesday, while Musk's lawyer insisted that there's no evidence of securities fraud and that it's not a crime to "tweet stupid things."
A California federal judge laid out the ground rules for an upcoming April jury trial on Elon Musk's claims OpenAI duped him into donating $38 million, barring evidence regarding the "wealth or lack thereof of any party," unless the dispute reaches the punitive damages stage, which the judge called "unlikely."
Instagram's algorithm data head told a New Mexico jury Tuesday that Meta layers processes to ward against harmful content, so if a violating post is missed and starts going viral, it can be caught by a backstop.
A Delaware federal judge has ruled in favor of Edwards Lifesciences Corp. in a patent infringement suit brought against it by rival Aortic Innovations LLC, finding that the term "frame" as it appears in the patent claims lacks written description.
A Texas state court judge issued a final judgment ordering that a contractor take nothing from its over $200 million claim that a rival allegedly used proprietary information to secure a lucrative maintenance work contract for Exxon, doing away with the lawsuit Tuesday.
A Rochester, New York, suit manufacturer owes a union healthcare fund about $3.5 million, a New York federal judge ruled Tuesday, saying the fund presented evidence that the manufacturer skipped out on over two years of payments.
A man who pled guilty to two indictments urged the New Jersey Supreme Court to let him withdraw his global guilty plea Tuesday, saying that an appellate win in one of the cases has strengthened his negotiating position.
A Ninth Circuit panel ruled a California federal judge properly enhanced a man's sentence for a second illegal reentry conviction based on a prior conviction for making false statements to officers who arrested him for entering the U.S. without authorization.
A Jamaican sentenced to more than eight years in prison for leading a lottery scam in New York City that fleeced at least eight elderly people of hundreds of thousands of dollars cannot escape his judgment, the Third Circuit said, upholding a district court's decision.
A Ninth Circuit panel has reversed the dismissal of a suit alleging an Idaho-based doctor overprescribed drugs to a Washington woman, leading to her death, finding that the doctor and her clinic had enough contacts with Washington for a federal district court in that state to have jurisdiction.
A Connecticut appeals court on Tuesday affirmed most of a $16.8 million recklessness verdict favoring the owners of a party goods store against the city of Danbury for permitting, inspecting and clearing for occupancy a 30,000-square-foot building that violated city codes and could have collapsed during use.
London-founded Clyde & Co. LLP has expanded its U.S. footprint by launching an office in Highland, Indiana, and bringing on a pair of former Lewis Brisbois Bisgaard & Smith LLP trial attorneys, the firm announced on Tuesday.
The parade of Winston & Strawn LLP litigators moving to King & Spalding LLP continues with a patent litigator being the latest to make the move, becoming a partner in the San Francisco office.
Many large law firms hit elite law school campuses last September to begin recruiting first-year students for their 2027 summer associate job openings, in what panelists at a New York City Bar Association event Tuesday described as a dysfunctional system unhelpful to both law students and law firms.
Latham & Wakins LLP has hired a Desmarais LLP partner in D.C., who helped represent GlaxoSmithKline Biologicals in an ongoing infringement suit against Moderna Inc., the firm announced Tuesday.
A former Holland & Knight LLP attorney has returned to the firm in Jacksonville, Florida, after a 10-year stint in-house at Florida Blue, a subsidiary of GuideWell Mutual Holding Corp.
Two new bills introduced to the California Assembly this week seek to impose reforms on the state's legal industry, including adding mandatory disbarment for attorneys convicted of felony "capping" — or illegally paying for client recruitment — and blocking corporate litigation funders from influencing cases.
An attorney who previously represented a Massachusetts couple in a harassment lawsuit against eBay and three former executives has asked a federal judge to hold off on entering a dismissal in the now-settled case until she receives assurances she will be paid.
