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May 06, 2026
Bloom Nu customers filed a proposed class action in New York federal court Tuesday alleging that the health and wellness supplement company deceptively labels its sparkling energy drinks as containing "no artificial colors, flavors, or aspartame," despite the presence of commercially manufactured and chemically processed citric acid.
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May 06, 2026
A financier based in Greece defrauded Mexican billionaire Ricardo Salinas Pliego out of $450 million, misappropriating stock that the telecommunications baron used to secure a loan after lying about his bona fides, New York federal prosecutors have alleged.
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May 06, 2026
The U.S. Commodity Futures Trading Commission announced on Wednesday that it settled claims against a dual French and American citizen who it accused of trying to fraudulently control the treasury futures market.
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May 06, 2026
Two Chubb insurers must defend an upstate New York town against a state environmental department's claim concerning a regional airport's contamination by so-called forever chemicals unless and until they can establish the claim falls outside an exception to a pollution exclusion, the Second Circuit affirmed.
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May 06, 2026
A former managing director at litigation funder Curiam Capital has launched his own boutique, focused on funding and underwriting for intellectual property litigation, he announced this week.
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May 06, 2026
Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.
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May 06, 2026
Communications software company Sefas Innovation Inc. has been hit with a proposed class action in Massachusetts federal court accusing it of failing to safeguard the data of its clients' customers from cybercriminals, resulting in a breach of its records in April.
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May 06, 2026
Cooley LLP announced Wednesday that it is launching an infrastructure, energy and real estate group with a New York partner from Baker Botts LLP who advises on global energy and infrastructure projects.
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May 05, 2026
Recreational cannabis users hit some of the industry's largest companies — Cresco Labs, Green Thumb Industries, Verano Holdings and Curaleaf — with two sprawling lawsuits alleging the businesses overcharged for products deceptively marketed as safe and effective treatments for mental health disorders.
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May 05, 2026
The U.S. Supreme Court should revive claims that the New York State Teamsters Conference Pension and Retirement Fund was mismanaged, a Teamsters-represented worker argued, asking the justices to breathe new life into his twice-dismissed Employee Retirement Income Security Act lawsuit.
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May 05, 2026
A New York federal judge has ruled that investors in Argentine oil and gas exploration company YPF SA can use discovery obtained in a decade-long dispute against the country in a parallel $16 billion investor-state arbitration they plan to initiate, saying they had shown a "compelling need."
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May 05, 2026
The U.S. Supreme Court turned down a bakery company's bid for review of a union multiemployer pension withdrawal bill, the Fourth Circuit held a bonus plan was exempt from federal benefits law, and the Sixth Circuit ruled federal law preempted Arkansas pharmacy benefit manager laws and regulations. Here's more on those and two other major decisions from April that benefits attorneys may want to know.
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May 05, 2026
The Second Circuit ruled Tuesday that national banks are exempt from a New York law that requires interest to be paid on mortgage escrow accounts, handing a key victory to Bank of America NA in closely watched litigation testing the limits of states' banking regulatory authority.
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May 05, 2026
A New York bankruptcy judge on Tuesday agreed to approve Spirit Airlines' package of wind-down motions after rising fuel costs and unsuccessful efforts to secure federal rescue financing forced it to walk away from restructuring plans.
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May 05, 2026
Three labor unions cited a recent U.S. Supreme Court ruling in their lawsuit alleging a government surveillance program scours online activity for viewpoints the Trump administration dislikes and leverages the threat of immigration enforcement to suppress speech, arguing that the high court's decision supports their standing in the case.
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May 05, 2026
A Delaware federal judge on Tuesday consolidated two shareholder derivative suits accusing the top brass of protein-shake maker BellRing Brands Inc. of misleading investors about the sales growth of "convenient nutrition" products like energy bars and protein powders, and has put the consolidated action on hold until a dismissal motion in a related securities suit is resolved.
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May 05, 2026
A U.S. federal court erroneously ruled that federal antitrust law did not apply in a case involving Canada-based hockey leagues and teams, players hoping to revive their suit alleging mistreatment by the developmental leagues told the Ninth Circuit on Monday.
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May 05, 2026
The Gateway Development Commission asked a New Jersey federal judge to toss a construction contractor's constitutional challenge to a project labor agreement that the commission used on a Hudson Tunnel Project initiative, saying the PLA requirement that the contractor is fighting doesn't violate the right to freedom of association.
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May 05, 2026
Print-on-demand retailer Vintage Brand urged a Georgia federal judge to deny a host of universities an early win in their trademark infringement suit against the company over its sports merchandise, arguing that their motion rests on the disputed premise that their imagery is covered by the Lanham Act.
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May 05, 2026
Book publishers and legal novelist Scott Turow hit Meta Platforms Inc. with a proposed class action in New York federal court on Tuesday, accusing it of training its Llama large language models on millions of copyrighted books and articles from pirate sites instead of licensing the material.
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May 05, 2026
The U.S. Securities and Exchange Commission on Tuesday lifted a lifetime ban preventing a New York attorney from practicing before the agency, following an attempt to leverage a client's testimony before the SEC.
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May 05, 2026
Deutsche Bank AG and Pathward NA urged a New York federal court to dismiss a suit accusing them of improperly blacklisting a barter-based payment platform that the banks found was "transaction laundering" for companies selling gray-market pharmaceuticals, arguing that the suit's jurisdiction assertions are fatal to the claims.
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May 05, 2026
The U.S. Equal Employment Opportunity Commission filed a suit Tuesday claiming The New York Times violated civil rights law when it passed over a white man for a promotion to a deputy editor position.
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May 05, 2026
Freshfields LLP has hired a Skadden Arps Slate Meagher & Flom LLP white collar defense lawyer, who spent years working as a federal prosecutor investigating corporate financial crime, international money laundering and other related matters.
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May 05, 2026
IBM fired Black executives to appeal to Donald Trump's administration after the president encouraged federal contractors to do away with diversity, equity and inclusion practices, according to a lawsuit filed against the technology consulting giant.