Top Stories

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  Freshfields, Kirkland Steer $6.2B Clear Channel Outdoor Deal

  By Al Barbarino

  Advertising company Clear Channel Outdoor Holdings Inc. has agreed to be acquired by Mubadala Capital in partner...(read more)

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  Meta And Google's 'Addiction Machine' Hurt Kids, Jury Told

  By Craig Clough

  The first bellwether trial over thousands of consolidated cases alleging social media apps harm young people's m...(read more)

• Broadcasters Fight 39% Media Ownership Cap In Hill Hearing

  By Christopher Cole

  TV broadcasters told the U.S. Senate Tuesday that lawmakers never meant to permanently cap national audience share controlled by a single station owner at 39%, as conservative outlet Newsmax argued there's support from both the left and right for keeping the limit in place.

• 2nd Circ. Revives Photographer's Case Against Shutterstock

  By Elliot Weld

  The Second Circuit revived some of a landscape photographer's case against photo licensing database Shutterstock Inc. on Tuesday, finding that while there was nothing in evidence showing Shutterstock intended to change copyright management information, the company's "right and ability to control" the infringing activity should be litigated further.

• Judge Questions Timing Of Case Against Harvard Researcher

  By Julie Manganis

  A Massachusetts federal judge on Tuesday ordered the U.S. Attorney's Office to turn over materials related to its decision to prosecute a Harvard Medical School researcher and Russian national found with inert frog embryo specimens last year at Logan Airport, calling the timing of the case "a red flag."

• AI Docs Sent By Exec To Attys Not Privileged, Judge Says

  By Pete Brush

  A Manhattan federal judge said Tuesday that a Texas financial services executive accused of a $150 million fraud cannot claim privilege over documents that he prepared using an artificial intelligence service and sent to his attorneys — but suggested the materials could be problematic if used at trial.

• Ex-Morgan Stanley Pro Scorns Key NBA Witness In Fraud Trial

  By Stewart Bishop

  Counsel for an ex-Morgan Stanley investment adviser accused of defrauding pro athletes out of millions of dollars leaned hard on former NBA player Chandler Parsons in cross-examination after he testified against his onetime friend and go-to money man as the defense sought to discredit one of the government's key witnesses.

• Jury Seated For Texas Business Court's First Trial

  By José Luis Martínez

  The first-ever jury in the Texas Business Court was seated Monday evening, setting the stage for a trial in which an investor seeks to enforce his purported ownership in an oil export terminal project on the Gulf Coast.

• Fed. Circ. Mulls Whether Digital Ad Patent Can Survive Alice

  By Dani Kass

  An advertising management system company tried to persuade the Federal Circuit on Monday to revive its infringement suit against Google and YouTube, saying its patent was wrongly found to cover an abstract idea.

• Meta 'Lies' Hid Risk To Kids, New Mexico AG Says

  By Cara Salvatore

  New Mexico's attorney general went to trial Monday over Facebook and Instagram's alleged harms to young users, saying parent company Meta has long known of mental health and sexual exploitation risks but has obscured the truth, sometimes with "outright lies."

• LRN Shareholder To Pay $18M To End Del. Defamation Suit

  By Bonnie Eslinger

  Activision founder Howard Marks will pay $18 million to LRN Corp. Chairman Dov Seidman and two others to exit a Delaware Superior Court defamation lawsuit over statements he made as class representative in a separate Delaware Court of Chancery shareholder case, a Monday filing states.

• 4th Circ. Reopens Class Action Door In Navy Federal Bias Suit

  By Jon Hill

  A panel of the Fourth Circuit said Monday that a federal district judge moved too quickly in foreclosing class action status in a lawsuit accusing Navy Federal Credit Union of mortgage lending discrimination, ruling that class allegations should not have been altogether struck down before discovery. 

• Michael Bay Says GM Stole His Cadillac Super Bowl Ad Ideas

  By Bonnie Eslinger

  Hollywood blockbuster director Michael Bay has filed a multimillion-dollar lawsuit against General Motors and others in Los Angeles Superior Court, claiming the auto giant ripped off his ideas for its Cadillac Formula 1 Super Bowl commercial.

• 5th Circ. Tosses Challenge To La. 340B Discount Drug Rule

  By Mark Payne

  A Fifth Circuit panel upheld on Monday a Louisiana law that allows the state to stop prescription drug manufacturers from blocking safety-net healthcare providers from contracting with outside pharmacies to dispense discounted medicines under the federal 340B Discount Drug program.