AOL Inc. investors who sued for a 28 percent stock price boost in the company’s $50-per-share, $4.4 billion sale to Verizon Communications Inc. in 2015 wound up with less Friday after a Delaware vice chancellor calculated a $48.70-per-share fair value for the deal.
AT&T and other wireless carriers have ramped up their practice of blocking promotional text message alerts since the Federal Communications Commission repealed so-called net neutrality rules, in an effort to push paid service packages, communications platform company Twilio told the FCC on Thursday in an ex parte filing.
Former Fox News commentator Scottie Nell Hughes did hundreds of unpaid appearances because she wanted a paid job, a Manhattan federal judge observed Friday, hinting that failure-to-hire portions of her harassment, retaliation and rape suit targeting Fox and host Charles Payne might survive the network's dismissal bid.
U.S. Specialty Insurance Co. on Friday asked a federal judge to rule that it doesn’t have to defend IDT Corp. chairman Howard Jonas against a stockholder suit stemming from an IDT spinoff’s $3 billion wireless spectrum sale to Verizon, arguing that the spinoff isn’t covered by IDT’s policy.
Sinclair Broadcast Group Inc. recently revealed plans to give up a slate of stations in its proposed megamerger with Tribune Media Co., but at least one advocacy group is crying foul at the plan as a half-hearted concession underpinned by cooperation from the Federal Communications Commission.
Federal Communications Commission Chairman Ajit Pai received a surprise award Friday at the Conservative Political Action Conference, when the National Rifle Association revealed it was gifting him a token firearm for enduring threats and insults amid the recent net neutrality deregulation.
T-Mobile urged a D.C. Circuit panel Friday to carve out a third option from the normal two when employers learn a bargaining unit is operating without the support of most workers, an option that would’ve allowed the telecommunications company to stop most negotiations with one union branch its been dealing with.
Wilson Sonsini Goodrich & Rosati PC on Thursday announced it has brought aboard a former Skadden Arps Slate Meagher & Flom LLP associate for the firm's national security regulatory practice in Washington, D.C.
A California federal judge overseeing antitrust claims related to Qualcomm’s patent licensing practices asked attorneys for a putative class of chip buyers to hand over billing records while the case is ongoing, saying that although such records are typically reviewed at litigation’s end, “that is kind of too late” to ensure good-faith billing.
Social media sites are facing heightened scrutiny amid charges that an army of Russia-based “bot” accounts meddled in the 2016 U.S. presidential election, but companies like Facebook, Twitter and Google are largely immune from liability even if they unwittingly help spread propaganda, attorneys say.
The Federal Communications Commission fielded a bevy of comments on its proposals to reform the Lifeline phone subsidy program for low-income households ahead of Thursday’s deadline, with many blasting a ban on wireless services that rent infrastructure.
The former head of a Silicon Valley-based fiber optics company that Corning Inc. bought for more than $300 million in April 2016 has pled guilty to insider trading and tender offer fraud, the U.S. Department of Justice announced Wednesday.
The lead counsel in three Delaware post-merger stock price challenges that failed to win higher prices urged a vice chancellor Thursday to stay two earlier, remanded cases pending appeal of the latest, or to reopen the appraisal case record for Dell’s $25 billion go-private deal in 2013.
Comcast and Verizon urged the Federal Circuit on Wednesday not to rehear claims by Two-Way Media over four invalidated streaming media patents, saying the panel decision does not contradict Federal Circuit precedent and that en banc review is not warranted.
Official net neutrality lawsuits started to rain on federal courts Thursday along with the divisive Restoring Internet Freedom rule’s publication in the Federal Register, with the rule stating an effective date of April 23 for the deregulation.
Qualcomm Inc. slammed the Federal Trade Commission’s request to have a special master appointed in an antitrust suit over the company’s licensing practices for standard-essential patents on Wednesday, telling a California federal judge that such a move would only complicate discovery proceedings set to close next month.
Phoenix Group is reportedly nearing a deal for Standard Life's insurance unit, F2i and Rai Way increased their bid for Telecom Italia's broadcasting business, and United Technologies' CEO said the company will decide by the end of the year whether to split up.
The Federal Communications Commission took steps to expedite reviews for emerging communications technologies at its February open meeting on Thursday, teeing up a public comment period over objections that the FCC is detrimentally positioning itself as a gatekeeper for innovation.
Federal legislative and executive staff gathered Wednesday in Washington, D.C., to outline efforts to streamline the approval process for broadband infrastructure projects, saying removal of regulatory barriers will pave the way for the private sector to roll out next-generation wireless services, known as 5G.
Silicon Valley giants have teamed up with privacy advocates to fight the U.S. government’s bid, now at the U.S. Supreme Court, to access Microsoft data stored on an Irish server. But that uneasy alliance has crumbled as lawmakers mull a plan to carve out a more concrete path for U.S. prosecutors pursuing data stored abroad, with critics claiming data-sharing deals resulting from the bill could erode human rights.
While history is littered with reports and whitepapers that do not inspire change, there is an opportunity for the U.S. Department of Justice's new Cyber-Digital Task Force to have an impact, say attorneys with Wiley Rein LLP.
There is no telling how the current battle over net neutrality will play out, but there is a good chance that paid prioritization will not go away. Technology and content startups that do not have the resources to buy internet fast lanes may lose sales from slower traffic, says Benjamin Warlick of Morris Manning & Martin LLP.
It is too early to assess the full reach that Dell will have on appraisal in Delaware. But the Delaware Chancery Court's ruling last week in Verition Partners v. Aruba Networks provides a first look, say John Hughes and Jack Jacobs of Sidley Austin LLP.
Late last year, the Sedona Conference released the third edition of its principles addressing electronic document production, updated to account for innovations like Snapchat and Twitter. It may be necessary for these principles to be updated more often in order to keep pace with technology, says Charles McGee III of Murphy & McGonigle LLP.
Last week, the District of Delaware raised eyebrows by ruling that documents provided to a litigation funder and its counsel in connection with their due diligence are categorically not attorney work product. Acceleration Bay v. Activision Blizzard seems to be a case of bad facts making bad law, says David Gallagher, investment manager and legal counsel for Bentham IMF.
With statutory damages of up to $1,500 for each call, text or fax, the Telephone Consumer Protection Act remains a hotbed of class action litigation. Attorneys with Foley & Lardner LLP discuss an additional, often overlooked, tool for defendants in TCPA cases.
Artificial intelligence tools can empower attorneys to work more efficiently, deepen and broaden their areas of expertise, and provide increased value to clients, which in turn can improve legal transparency, dispute resolution and access to justice. But there are some common pitfalls already apparent in the legal industry, say Ben Allgrove and Yoon Chae of Baker McKenzie.
In "Justice and Empathy: Toward a Constitutional Ideal," the late Yale Law School professor Robert Burt makes a compelling case for the undeniable role of the courts in protecting the vulnerable and oppressed. But the question of how the judiciary might conform to Burt’s expectations raises practical problems, says U.S. Circuit Judge Allyson Duncan of the Fourth Circuit.
The Wireless Emergency Alerts system recently became a subject of public attention due to events in Hawaii, but even before the incident, the Federal Communications Commission had already initiated steps to improve the system, say Luke Platzer and Bradley Humphreys of Jenner & Block LLP.
Two new policies from the U.S. Department of Justice, along with ongoing developments concerning the elements of scienter and materiality stemming from the landmark U.S. Supreme Court decision in Escobar, have the potential to significantly change the landscape of False Claims Act enforcement in the year ahead, say attorneys with Holland & Knight LLP.