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May 20, 2026
A group of private equity fund managers and their companies urged a Florida federal court to dismiss a proposed class action brought by investors alleging a conspiracy to steal $150 million through a complex financial scheme, saying the complaint is disorganized and fails to allege wrongdoing.
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May 20, 2026
The steward of the Peanuts television and film music catalog on Wednesday lobbed four copyright infringement lawsuits against the U.S. Department of the Interior and three companies, alleging the growth of digital platforms has led to a surge in unauthorized commercial use of the well-known tunes.
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May 20, 2026
Dow Jones urged a New York federal judge to toss a defamation suit brought by Binance over a Wall Street Journal article saying the cryptocurrency exchange fired internal investigators who uncovered transactions that purportedly went to sanctioned Iranian-backed entities, arguing that Binance hadn't shown the article was published with actual malice.
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May 20, 2026
Texas Attorney General Ken Paxton sued Institutional Shareholder Services Inc. on Wednesday for allegedly advising shareholders based on environmental, social and governance considerations rather than the objective advice it advertises, in violation of a Texas consumer law.
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May 20, 2026
Telecommunications firm Veon Ltd. and its investors have received final approval of a nearly $20 million settlement to end claims the company defrauded shareholders by not disclosing it had paid bribes in Uzbekistan.
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May 20, 2026
A Second Circuit panel appeared unsympathetic during oral arguments on Wednesday to Acorda Therapeutics Inc.'s assertion that it should be awarded nearly $66 million beyond the $16.5 million it won in a multiple sclerosis drug dispute, with one judge remarking that the company is "kind of in the soup" because it chose arbitration.
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May 20, 2026
Three men charged alongside NBA players and coaches admitted Wednesday to their roles in what prosecutors say was a scheme to use Mafia-backed, rigged poker games to cheat unsuspecting players out of millions of dollars.
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May 20, 2026
Federal prosecutors on Wednesday announced the arrest of two men on charges that they used artificial intelligence software to create pornographic images depicting real people without their consent, in violation of a recently enacted federal law.
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May 20, 2026
The parent company of employment website Indeed.com has filed a lawsuit seeking at least $1.2 million from the owner of the company's co-headquarters building in downtown Stamford, Connecticut, saying its relocation was delayed because the facility did not meet state fire codes.
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May 20, 2026
The U.S. Department of Transportation on Wednesday selected a master developer team to lead a major renovation of New York City's Penn Station, a team that includes Vornado Realty Trust, which controls a significant commercial footprint across adjacent blocks.
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May 20, 2026
Online food delivery platforms are charging people differently based on the personal data they glean from their smartphones, and the Federal Trade Commission ought to force companies to be upfront about it, say 16 state attorneys general.
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May 20, 2026
A Long Island hospital agreed to settle a proposed class action alleging it cost workers millions of dollars in savings by loading its employee retirement plan with costly and underperforming investment options, according to a filing in New York federal court Wednesday.
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May 20, 2026
A group of 43 states and the District of Columbia are asking the Tenth Circuit to reverse a trial court order blocking enforcement of a new Colorado law requiring warning labels for social media used by minors, saying that even under strict scrutiny, the law is justified to protect minors' mental health.
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May 20, 2026
A Manhattan federal judge sentenced stock vendor StraightPath's three founders to around a decade each in prison Wednesday, after a jury convicted them of defrauding clients who bought $400 million of pre-initial public offering shares from their Florida private equity firm.
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May 20, 2026
Matthew Schwartz, a nominee for the Second Circuit, was questioned by Democratic senators Wednesday about whether his current job as the president's personal attorney while his nomination process is underway poses a conflict of interest.
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May 20, 2026
A former dean of the Fordham University School of Law and Yeshiva University's Benjamin N. Cardozo School of Law is the new leader of the New York City Bar Association.
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May 20, 2026
Anna's Archive will have to pay $19.5 million after failing to respond to claims from 13 major book publishers that the alleged "shadow library" illegally distributes pirated books and research papers, a New York federal judge has ruled.
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May 20, 2026
The media company of James Murdoch, son of industry mogul Rupert Murdoch, said Wednesday it has struck an agreement to purchase New York Magazine and additional assets of Vox Media for a reported price exceeding $300 million.
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May 19, 2026
Organizations behind Wimbledon and the French Open asked a New York federal court to reject a player group's claims that they're denying it access to the tournaments in retaliation for its antitrust lawsuit, arguing that no jurisdiction exists to grant any relief.
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May 19, 2026
A New York man who raised funds for President Donald Trump's 2020 reelection campaign avoided a prison sentence Tuesday after being found guilty at trial of charges stemming from a straw donor scheme partly intended to help Chinese nationals gain access to Trump.
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May 19, 2026
Albaron Partners, advised by McDermott Will & Schulte, on Tuesday revealed it has closed its flagship fund after securing $185 million in commitments, which will be used to invest in healthcare companies.
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May 19, 2026
Two mothers have hit baby product company Root Technology Ltd. with a proposed class action in New York federal court alleging that the Momcozy brand countertop washer for bottles is defective since the necessary high sterilization temperatures cause plastic parts to break off, creating a choking hazard for infants.
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May 19, 2026
The Pension Benefit Guaranty Corp. told a New York federal judge Tuesday that it stands by its denial of a union pension fund's second application for a bailout, a day after the U.S. Supreme Court declined to review a Second Circuit ruling ordering the agency to reassess the request.
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May 19, 2026
A coalition of 24 attorneys general and two governors are challenging a rule recently promulgated by the U.S. Department of Education, alleging in a complaint in Maryland federal court Tuesday that it unlawfully limits access to federal student loans for those pursuing professional degree programs.
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May 19, 2026
A Second Circuit panel on Tuesday refused to grant the North American Soccer League a new antitrust trial against Major League Soccer and soccer's U.S. governing body, concluding that the defunct league waived any arguments about market definition, and even if it didn't, its assertions still fail.