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Technology
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September 22, 2025
SEC Sues NC Man For 'Free-Riding' Securities Scheme
A North Carolina man faces U.S. Securities and Exchange Commission allegations that he systematically gamed certain broker-dealers to engage in a so-called free-riding scheme that enabled him to trade nearly $900,000 worth of securities despite not actually possessing the funds to do so.
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September 22, 2025
New Framework Needed For Satellite Power Caps, Orgs Say
More than a dozen groups on Monday told the Federal Communications Commission it's time to update spectrum sharing rules between low earth orbit and other satellites to spur industry growth.
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September 22, 2025
T-Mobile, Sprint Push DC Circ. To Revisit $92M FCC Fines
T-Mobile and Sprint are asking the full D.C. Circuit to review a $92 million fine from the Federal Communications Commission over their sale of sensitive user location data with third-party companies, asking for an en banc rehearing of their challenge after a three-judge panel unanimously affirmed the penalty last month.
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September 22, 2025
Judge Lets Suit Over Audible's Expiring Credits Move Forward
A Washington federal judge has declined to toss a consumer's proposed class action against Audible Inc. over the expiration dates on membership "credits," saying such vouchers don't have to be backed by a specific cash value to be covered by the Evergreen State's gift card law.
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September 22, 2025
Judge Gets More Details On Proposed $1.5B Anthropic IP Deal
Authors who have inked a proposed $1.5 billion deal to end their copyright class action against artificial intelligence developer Anthropic PBC are saying they have worked out all the issues a California federal judge pointed out when he initially declined to give the deal approval.
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September 22, 2025
Amazon Suit Claims Prime Day Deals Based On Phony Prices
Amazon's deep Prime Day sales deals mislead consumers by calculating the advertised savings based on bogus list prices that customers don't actually pay, according to a proposed class action filed Monday in Washington federal court.
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September 22, 2025
National Instruments Investors Granted Class Cert.
A New York federal judge has certified a class of investors who sold National Instruments Corp. stock during two windows in 2022 while the company was repurchasing shares and considering an acquisition offer, finding that reliance can be presumed and damages can be measured on a class-wide basis, among other things.
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September 22, 2025
Intel, Apple Hit With Patent Suit Over Transceiver Tech
A company that makes transceiver technology hit tech giants Apple and Intel with patent infringement claims, alleging that Intel has known of the protected technology for years but manufactured transceivers for Apple that were used in multiple generations of iPhones.
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September 22, 2025
Ligado OK'd For $7.8B Debt-For-Equity Swap Ch. 11 Plan
A Delaware bankruptcy judge Monday agreed to approve telecommunications group Ligado Networks' debt-for-equity swap Chapter 11 plan, overruling the U.S. Trustee's objection over the plan potentially not taking effect for three years.
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September 22, 2025
Lighting Patent Case Against Warner Bros., Sony Stays Alive
A Delaware federal court has refused to let entertainment industry titans Warner Bros. Entertainment, Sony Pictures Entertainment and Fox Corp. dodge a suit claiming they infringed various lighting patents, but agreed to trim some of the case.
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September 22, 2025
Catching Up With Delaware's Chancery Court
Last week, Match.com secured approval for a $30M settlement over its 2019 reverse spinoff from IAC, and Vice Chancellor Morgan T. Zurn urged decorum among Delaware lawyers, comparing recent legal turmoil to dark times in British monarchy history. Here's the latest from the Chancery Court.
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September 22, 2025
Tech Groups Ask To Maintain Block On Fla. Social Media Law
Tech industry organizations and civil rights groups threw their support behind two groups challenging a Florida law banning children 13 and under from social media, telling the Eleventh Circuit the law is an unconstitutional regulation of speech.
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September 22, 2025
Experian Asks 4th Circ. To Reverse Arb. Ruling In FCRA Suit
Consumer reporting agency Experian has asked the Fourth Circuit to overturn a lower court's decision concerning the arbitration of a lawsuit brought by a consumer falsely reported as dead, saying the judge was wrong not to enforce clauses in the consumer's agreement that delegated such decisions to an arbitrator.
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September 22, 2025
Stewart Wants More Info On Nixed Chip Patent In $11M Verdict
The deputy director of the U.S. Patent and Trademark Office has issued an order allowing a company to challenge a Patent Trial and Appeal Board ruling that invalidated a claim in its semiconductor patent, citing a contrary result in federal district court litigation.
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September 22, 2025
Alorica 401(k) Participants Win ERISA Class Cert.
A California federal judge agreed Monday to certify a class of participants in business process company Alorica's 401(k) plan who alleged that high fees and poorly performing investments violated federal benefits law, holding that the proposed 4,000-member group had enough in common to warrant the court's signoff.
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September 22, 2025
Toy Company Eyes UBS Records Amid FINRA Arbitration
A toy company whose brands include Bratz dolls and Little Tikes has urged an Iowa federal judge to unseal records that it says will bolster its arbitration against UBS over claims that the global wealth manager wrongly advised the company to short-sell Tesla stock.
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September 22, 2025
Barclays Credit Card User Must Arbitrate Meta Privacy Suit
A Barclays customer must arbitrate his putative class action alleging it discloses his interactions on the bank's website with Meta Platforms Inc. while logged into his Barclays account, after a New York federal judge said Friday his subsequent use of his credit cards supports that he received cardholder agreements containing arbitration provisions.
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September 22, 2025
Business Management Co. Valued At $1.5B After TPG Plug
British business management platform Tide, advised by Herbert Smith Freehills Kramer LLP, on Monday revealed that it has reached a $1.5 billion valuation following a $120 million investment led by private equity giant TPG.
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September 22, 2025
Atlas Holdings Buying Office Depot Owner In $1B Deal
The ODP Corp. said Monday that it has agreed to be acquired by an affiliate of Atlas Holdings for $28 per share in cash, valuing the company at about $1 billion.
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September 22, 2025
RealPage Settles Nevada's Rent Pricing Software Claims
RealPage has reached a settlement with the state of Nevada over concerns about the use of its revenue management software by rental housing owners, with the company admitting to no wrongdoing but agreeing to put limits on its use of nonpublic data in the state.
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September 22, 2025
PE-Backed Flood Insurance Provider Neptune Eyes $350M IPO
Florida-based residential and commercial flood insurer Neptune Insurance said Monday that it is seeking a valuation of $2.76 billion in an initial public offering next week advised by Orrick Herrington & Sutcliffe LLP and Davis Polk & Wardwell LLP.
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September 22, 2025
Kirkland, DLA Piper Steer Thoma Bravo's $1.4B PROS Buy
Artificial intelligence-powered service pricing and selling solutions company PROS Holdings Inc., advised by DLA Piper LLP, on Monday announced plans to go private after being bought by Kirkland & Ellis LLP-led private equity giant Thoma Bravo in an all-cash deal that values the software company at $1.4 billion.
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September 22, 2025
4 Firms Build Patient Square's $2.6B Premier Take-Private Deal
Technology-driven healthcare company Premier Inc. on Monday announced plans to go private after being bought by healthcare investment firm Patient Square Capital in a transaction valued at $2.6 billion that was built by four law firms.
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September 22, 2025
2 Firms Advise Compass' $1.6B Buy Of Broker Anywhere
Real estate broker Compass said Monday that it has struck a deal to acquire rival broker Anywhere Real Estate for $1.6 billion, in a transaction advised by Kirkland & Ellis LLP and Wachtell Lipton Rosen & Katz.
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September 19, 2025
Trump Tags H-1B Visa Apps With $100,000 Fee
President Donald Trump on Friday signed an executive order to impose a $100,000 fee for H-1B visas, framing it as a "restriction on entry" necessary to stem the entry of high-skilled foreign workers, particularly in science and technology fields.
Expert Analysis
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Trending At The PTAB: Shifts In Parallel Proceedings Strategy
Dynamics are changing between the Patent Trial and Appeal Board and federal courts, with two recent discretionary denials and one Federal Circuit decision offering takeaways for both patent owners and challengers navigating parallel proceedings, say attorneys at Finnegan.
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What Businesses Need To Know To Avoid VPPA Class Actions
Divergent rulings by the Second, Sixth and Seventh Circuits about the scope of the Video Privacy Protection Act have highlighted the difficulty of applying a statute conceived to regulate the now-obsolete brick-and-mortar video store sector in today's internet economy, say attorneys at DTO Law.
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Series
Adapting To Private Practice: From US Rep. To Boutique Firm
My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.
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Discretionary Denial Rulings May Spur Calls For PTAB Reform
The U.S. Patent and Trademark Office's recent decision in iRhythm Technologies v. Welch Allyn, denying inter partes review based on the patent owner's settled expectations that the patent would not be challenged, could motivate patent holders to seek Patent Trial and Appeal Board reform to preserve patent quality without burdening owners, say attorneys at Dechert.
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Comparing New Neural Data Privacy Laws In 4 States
Although no federal law yet addresses neural privacy comprehensively, the combined effect of recent state laws in Colorado, California, Montana and Connecticut is already shaping the regulatory future, but a multistate compliance strategy has quickly become a gating item for those experimenting with neuro-enabled workplace tools, says Kristen Mathews at Cooley.
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Spinoff Transaction Considerations For Biotech M&A
Amid current market challenges, boards and management teams of biotech companies can consider several strategies for maximizing value should a spinoff opportunity arise, but not without significant advance planning and careful implementation, particularly in cases that might qualify as tax-free, say attorneys at Paul Hastings.
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2025's First Half Brings Regulatory Detours For Fintechs
The first half of the year has resulted in a bifurcated regulatory environment for fintechs, featuring narrowed enforcement in some areas, heightened scrutiny in others and a policy window that, with proper compliance, offers meaningful opportunities for innovation, say attorneys at Sheppard Mullin.
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Opinion
Senate's 41% Litigation Finance Tax Would Hurt Legal System
The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.
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Comparing Stablecoin Bills From UK, EU, US And Hong Kong
For multinational stablecoin issuers, navigating the differences and similarities among regimes in the U.K., EU, Hong Kong and U.S., which are currently unfolding in several key ways, is critical to achieving scalable, compliant operations, say attorneys at Morgan Lewis.
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Tips For Litigating Apex Doctrine Disputes Amid Controversy
Litigants once took for granted that deposition requests of high-ranking corporate officers required a greater showing of need than for lower-level witnesses, but the apex doctrine has proven controversial in recent years, and fights over such depositions will be won by creative lawyers adapting their arguments to this particular moment, say attorneys at Hangley Aronchick.
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Series
Performing As A Clown Makes Me A Better Lawyer
To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.
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A Midyear Tuneup For Your Trade Secret Portfolio
Halfway through 2025, now is a good time for companies to thoroughly evaluate their trade secret portfolios and follow eight steps to reassess protection processes for confidential information, says Robert Jensen at Wolf Greenfield.
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Series
Law School's Missed Lessons: Rejecting Biz Dev Myths
Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.
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Speech Protection Questions In AI Case Raise Liability Risk
A Florida federal court's recent landmark ruling in Garcia v. Character Technologies, rejecting artificial intelligence developers' efforts to shield themselves from product liability and wrongful death claims under the First Amendment, challenges the assumption that chatbot outputs qualify as speech, and may redefine AI regulation and litigation nationally, says Peter Gregory at Goldberg Segalla.
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Why Funder Forecasts Don't Belong In Royalty Analysis
In denying the request for production of damages-model communications between Haptic and its litigation funder, which Apple argued were relevant to a reasonable royalty analysis, a California federal court recently reaffirmed an underappreciated principle — that the purpose and context of an estimate shape its evidentiary value, says Rick Eichmann at Secretariat Advisors.