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.
The Texas Business Court has released its first opinion exploring when intellectual property can be used to create jurisdiction, and attorneys say the decision involving state trade secret law offers insight into when patent matters can be pursued there.
The Connecticut Supreme Court will not hear a challenge to the two-week suspension of Alex Jones' former lawyer, leaving intact an intermediate Appellate Court decision affirming the pared-down punishment surrounding his law firm's handling of Sandy Hook Elementary School massacre victims' personal information.
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.
A Ukrainian billionaire who was recently ordered to pay other investors in a failed genetic testing company more than $1.8 million in damages is blaming the Pierce Atwood LLP lawyers who advised him on what a court later found to be a "fundamentally unfair" forced asset sale.
Federal Reserve Chair Jerome Powell said Wednesday that he will stay on as a board member of the central bank if he remains under U.S. Department of Justice investigation when his term as Fed chairman runs out this spring.
