Tesla Inc.’s Elon Musk threw the latest punch in his tussle with the U.S. Securities and Exchange Commission on Friday, saying the agency was “wrong at virtually every level” in its attempt to have him held in contempt over tweets that allegedly violated the terms of a 2018 settlement with the regulator.
Two of Facebook's institutional investors sued the social media giant in Delaware Chancery Court on Friday for records on the company's advertising revenues, sales incentives and compensation for executives and directors since 2014, citing scant results from a voluntary request.
When Rola Masri learned that a 5G “small cell” was scheduled to be installed in her neighborhood, the California-based research assistant worried the new technology might threaten her family’s health. She took her concerns to Los Angeles County officials, but they didn’t want to hear about it, a pattern that has been developing in numerous communities.
A bipartisan group of senators is seeking answers from the U.S. Department of Justice on how it goes about collecting cellphone location data in light of the U.S. Supreme Court’s decision in Carpenter v. U.S., which found law enforcement must obtain a warrant before accessing such information.
Facebook Inc.'s board of directors largely escaped a shareholder derivative suit over the Cambridge Analytica data privacy scandal Friday when a California federal judge ruled that the investors failed to show that board members were unable to make independent decisions, a key requirement of derivative suits.
Electronic components maker AVX Corp. on Thursday asked a Delaware federal judge for a new trial in hopes of reversing a jury's January decision that it must pay medical device maker Greatbatch Ltd. $22 million for infringing three patents for pacemakers.
The medical device industry's pushback against the U.S. Food and Drug Administration's revamped cybersecurity guidance could face a new obstacle now that Medtronic has disclosed that as many as 750,000 of its defibrillators are vulnerable to being hacked.
Home security company Alarm.com Inc. requested a retrial for its $20 million patent infringement suit in Delaware federal court on Friday, saying errors in claim construction language tainted the jury, which found no infringement despite overwhelming evidence to the contrary.
An Illinois federal judge on Friday granted conditional certification to a group of Facebook workers accusing the company of systematically misclassifying and denying them overtime pay, ruling any arbitration agreements signed by potential class members can be addressed at a later stage and also denying Facebook’s shot at a quick win.
A Native American telecom provider has urged the Federal Communications Commission to preserve the charges local exchange carriers can levy when they transfer a call from a long-distance carrier, as they said this income is essential for rural service providers.
The Patent Trial and Appeal Board has invalidated a Netlist memory module patent, marking at least the seventh patent owned by the company that SK Hynix has convinced the board to trim.
The U.S. International Trade Commission's ruling on Qualcomm’s bid to ban imports of Apple iPhones found to infringe a chip patent could come down any day now, and it may be the most likely avenue in nearly 35 years for public interest factors such as competitive harm to shape the outcome of an ITC exclusion case.
Ride-hailing giant Lyft Inc.’s potential $2 billion initial public offering will highlight the IPO calendar for the final week of March, which could see four companies go public with the help of nine law firms.
Emulex Corp. investors urged the U.S. Supreme Court to affirm a Ninth Circuit ruling that they need only prove negligence, not intent, in their putative class action over a low tender offer in a merger, a move that would establish a lower pleading standard for investors bringing securities suits.
Venture-backed image sharing company Pinterest Inc. said Friday that it plans to go public in a deal guided by Cleary Gottlieb Steen & Hamilton LLP and underwriter counsel Skadden Arps Slate Meagher & Flom LLP, marking the latest technology upstart to pursue an initial public offering.
The last week has seen scandal-hit ticket seller Viagogo file suit against the U.K.'s antitrust watchdog, more merchants hit Visa and MasterCard for violating competition laws, and an Irish businessman renew his legal feud with Edgeworth Capital. Here, Law360 looks at those and other new claims in the U.K.
Uber's massive IPO will take place on the New York Stock Exchange, Daimler has hired a financial adviser as it mulls increasing its stake in a joint venture with Beijing-based BAIC Motor and Avon Products is in talks about a potential deal with Brazilian rival Natura.
The U.S. International Trade Commission is investigating Qualcomm, MediaTek and a handful of other companies for allegedly importing semiconductors that infringe patents owned by a New Hampshire company.
Mike Lynch, the founder of software business Autonomy, is set to appear at London's High Court in a multibillion-dollar accounting fraud trial starting Monday over U.S. tech giant Hewlett Packard's disastrous acquisition of his company in 2011.
BlackRock Inc. has agreed to buy Paris-based financial software company eFront for $1.3 billion with plans to merge the acquisition with its own investment management computer platform, called Aladdin, the companies said Friday.
The Delaware Supreme Court's recent ruling in KT4 Partners v. Palantir highlights how proper corporate record keeping can prevent exposure of internal emails. But it also emphasizes the value of forum selection clauses in directing books and records litigation to a specific venue, say Tod Northman and Daniel Schiau of Tucker Ellis LLP.
The U.S. Department of Justice's China Initiative should be a signal to Chinese companies, multinational companies with Chinese subsidiaries, and U.S.-based investors in Chinese companies — it's time to design and implement strong anti-corruption and anti-bribery programs, says Jean Chow-Callam of FTI Consulting Inc.
The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.
These days, a popular theme in media is that lawyers' jobs will be taken by robots. However, based on the tech issues discussed at the South by Southwest technology conference in Austin, Texas, last month, robots may in fact need lawyers, says Nick Abrahams of Norton Rose Fulbright.
The U.S. Supreme Court's recent unanimous decisions in Rimini Street v. Oracle and Fourth Estate v. Wall-Street.com clarify terms in the Copyright Act that have been misconstrued for decades, say Alain Villeneuve and Evan Muller of Duane Morris LLP.
You passed the bar exam and are ready for the character and fitness committee interview. Time to think about how to discuss that minor incident in college, that misdemeanor in high school or that mental health issue that you have totally under control, says Richard Maltz of Frankfurt Kurnit Klein & Selz PC.
China's foreign investment security review regime shares many characteristics with the Committee on Foreign Investment in the United States. And as tensions rise between the two countries, China, like the U.S., is set to scrutinize more deals, says Guogang Li of the Tahota Law Firm.
Though general propositions of antitrust appear to pose serious threats to the Federal Trade Commission's case against Qualcomm in the Northern District of California, a closer look shows how Qualcomm's use of its patents has distorted the competitive process, says Thomas Cotter of the University of Minnesota Law School.
My initial reaction to "Doing Justice" was that author Preet Bharara may have bitten off more than he could chew — an accusation leveled against him when he served as U.S. attorney for the Southern District of New York — but I found the book full of helpful gems, says U.S. District Judge Cynthia Bashant of the Southern District of California.
Private plaintiffs seeking to bolster their price-fixing complaints by citing government investigations or guilty pleas concerning different markets should consider instructive decisions from the Auto Parts, Generic Drugs, and SRAM and Flash Memory litigations, say William Reiss and Dave Rochelson of Robins Kaplan LLP.