DLA Piper has bolstered its ranks in Puerto Rico by luring a seasoned employment lawyer from a boutique, adding a partner in San Juan whose experience runs the gamut of labor, employment, benefits and immigration issues.
A Foot Locker Inc. stockholder has sued the company’s board of directors, saying the group hid knowledge that the retailer’s brick-and-mortar stores were suffering because of online competition, which led inflated stock prices to plummet when the truth came out.
Innovus Pharmaceuticals Inc. urged an Illinois federal judge Thursday to toss a $5 million false advertising lawsuit brought by the developer of a sexual dysfunction drug who claims advertisements using his likeness harmed his reputation, arguing the accusations have no merit.
The Fifth Circuit won’t revive a mother’s suit accusing Walmart of negligence in her daughter’s inhalant death, finding that the retail giant’s employees had no obligation to stop the increasingly inebriated woman from buying 60 cans of aerosol dust remover in a 27-hour period.
A J.C. Penney Co. Inc. stockholder opened a derivative, class suit against the retailer’s directors and top officers in Delaware’s Chancery Court late Friday, alleging fiduciary duty breaches in connection with its retail pricing practices.
A man who invested nearly $140,000 worth of bitcoin into a Dublin-based cryptocurrency startup stepped forward to claim he had the largest financial interest in a proposed class action against the company, and a Pennsylvania federal court on Thursday certified him as the new lead plaintiff and Levi & Korsinsky LLP as lead counsel in the suit.
A Pennsylvania state senator on Friday announced legislation to curb the environmental impact of plastic consumption by seeking to ban plastic straws at eateries and retailers, a move that comes after a Commonwealth city adopted a similar ordinance earlier in the week.
A proposed class suing beauty products retailer Ulta and shampoo maker Sexy Hair Concepts LLC asked a Massachusetts federal judge on Friday to approve their $2.3 million settlement to end claims over allegedly misleading "sulfate-free" labeling on shampoo bottles.
A personal injury lawyer and her firm have urged the U.S. Supreme Court to review the California Supreme Court's split ruling that reverses an order requiring Yelp Inc. to take down defamatory reviews that a former client posted on the customer review site.
Toys R Us has received permission from a Virginia bankruptcy court to put the computer support operation for its overseas stores on the block next month, backed by a $57.5 million stalking horse credit bid from a term lenders group.
A former attorney for manufacturer Illinois Tool Works Inc. urged an Illinois federal judge not to trim a lawsuit accusing his ex-employer of retaliating against him and firing him after he fell ill, saying his complaint adequately backs up claims of Americans with Disabilities Act and Employee Retirement Income Security Act violations.
Former Trump campaign chairman Paul Manafort will be sentenced in February for his conviction on charges of subscribing to false tax returns, bank fraud and failing to disclose offshore bank accounts, a Virginia federal judge ordered Friday, after attorneys complained the embattled politico's health has suffered from his incarceration.
U.K.-based shopping center owner Intu Properties PLC on Friday said it received a £2.92 billion ($3.8 billion) takeover offer from a group that includes its deputy chairman and his investment company, along with a Middle Eastern investment company and Brookfield Asset Management Inc.'s real estate investment arm.
A "privileged" Manhattan sapphire merchant was sentenced to nine months in prison Friday for forging a federal judge's signature, after a prosecutor called such conduct "rampant" and the sentencing judge said the CEO's emails bragging about how easy the caper was spoke to the need to deter other would-be fakers.
Nine West Holdings Inc. has filed a revised Chapter 11 plan with a New York bankruptcy court that includes a $105 million settlement with company owner Sycamore Partners, releasing the latter of claims that it stripped Nine West’s assets and sent the company into bankruptcy.
A Massachusetts federal judge has dismissed a beer vendor's suit against Glassdoor Inc. alleging the website was liable for "trolling" reviews against one of its employees, ruling that Glassdoor is protected by federal law because it didn't create the reviews.
MPX Bioceutical Corp. and iAnthus Capital Holdings Inc. said Thursday they have agreed to the terms of a merger that will see the cannabis firms combine in an all-stock transaction with an offered equity consideration to MPX shareholders valued at CA$835 million ($638.3 million), a deal guided by McMillan LLP.
An investor in CafePress, an online retailer selling customized products, filed a proposed class action Wednesday in Delaware federal court alleging the company misled and ultimately may have shortchanged stockholders leading up to its recommended merger with online printing giant Snapfish.
The growth equity division of private equity firm HIG Capital on Thursday wrapped up its latest fund after securing $970 million from limited partners, with plans to focus on tech-enabled business services, software, digital ad-tech, e-commerce, internet services, health care and industrial technology.
The Federal Trade Commission's power to punish past conduct involving consumer fraud or anti-competitive shenanigans is looking wobbly after a one-two punch of court decisions forcing the agency to also identify imminent or ongoing violations when it challenges prior behavior.
Earlier this month, Costco agreed to pay a $3.85 million penalty for an alleged failure to timely report defective trash cans to the U.S. Consumer Product Safety Commission. This settlement suggests that large penalty actions are far from moribund even with the CPSC under Republican leadership, say attorneys at Mintz Levin Cohn Ferris Glovsky and Popeo PC.
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
A new California law will allow privately held companies to use blockchain technology for stock issuance and other corporate records. However, corporations should be cautious about moving into this relatively uncharted territory, say Sara O’Connell and Riaz Karamali of Pillsbury Winthrop Shaw Pittman LLP.
Following Sears' bankruptcy filing this week, there could be an announcement that the company has agreed to sell its most valuable stores to an affiliate of its largest shareholder, say Karen Park of ParkLaw LLC and Tara Desai of Greenhouse Branding Inc.
Last month, California Gov. Jerry Brown signed a law restricting the use of automated online “bot” accounts. The law was drafted in part to help prevent election interference through the propagation of fake news, but it will also impact businesses that use bots to communicate with customers, say attorneys at Steptoe & Johnson LLP.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Pier D'Angelo, chief pricing and practice officer at Allens.
The Seventh Circuit recently affirmed a finding of employer liability under Title VII for a hostile work environment caused by a retail customer. The decision in U.S. Equal Employment Opportunity Commission v. Costco Wholesale is important for employers with customer-facing operations, but its reach extends further, say Laura Bacon and Brittany Bogaerts of Nixon Peabody LLP.
The Sears bankruptcy was filed early Monday, but the company's insolvency has been in plain view in the form of financial market evidence for a very long time. This case presents a prime example of the role such evidence can play for companies, their insiders, and outside advisers and auditors, says J.B. Heaton of the University of Chicago Law School.
Are companies such as Facebook, Amazon, Twitter and Google stifling free speech on their platforms? If the answer top antitrust regulators arrive at is “yes,” then significant new risks could be coming for not only these tech behemoths, but any businesses that utilize their platforms — in the U.S. or abroad, say attorneys at Kobre & Kim LLP.