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Corporate

  • August 20, 2025

    Exec's Friends Made $1M On Insider Trades, SEC Says

    The U.S. Securities and Exchange Commission is suing the former head of a Kaman Corp. subsidiary and his friends in New York federal court, accusing him of insider trading ahead of the aircraft component maker's $1.8 billion sale to a private equity firm.

  • August 20, 2025

    Ohio Justices Free Bank From $77M Guaranty Disclosure Duty

    The Ohio Supreme Court on Wednesday ruled that nothing in state law required Huntington Bank to inform a co-signer of a $77 million loan guaranty about the risks associated with signing the deal with two other partners, one of whom later pled guilty to a check-kiting scheme.

  • August 20, 2025

    Masimo's 'Empty Voting' Suit Against Founder Gets Green Light

    A California federal judge has rejected a bid to dismiss Masimo Corp.'s suit alleging the medical technology company's founder and an investment firm manipulated a shareholder vote through an "empty voting" scheme, finding there is enough evidence at this point to show the pair formed an undisclosed insider group under federal securities laws.

  • August 20, 2025

    Character.AI Founder Seeks Exit From Teen's Suicide Suit

    The co-founder of Character.AI has asked a Florida federal judge to toss certain claims in a suit alleging a teen's suicide was caused by a negligently designed artificial intelligence chatbot, saying he can't be sued individually in Florida because he's never done any business in the state.

  • August 20, 2025

    7th Circ. Backs JPMorgan Traders' Fraud, Spoofing Convictions

    The Seventh Circuit on Wednesday refused to throw out the convictions of three former JPMorgan traders for manipulating the market with fake orders for precious metals, saying there was "ample evidence" backing the jury's verdicts and that a recent U.S. Supreme Court decision doomed one of their key arguments on appeal.

  • August 20, 2025

    States Say Kidde-Fenwal Ch. 11 Disclosures Still Inadequate

    Attorneys for seven states and Washington, D.C., have told a Delaware bankruptcy court that firefighting foam maker Kidde-Fenwal Inc. failed to meet court-directed disclosure statement requirements for its latest, fifth-amended Chapter 11 liquidation plan and called for rejection of the document.

  • August 20, 2025

    FTC Sues LA Fitness Over Difficult Gym Cancellation Policies

    The Federal Trade Commission sued gym chain LA Fitness in California federal court Wednesday, alleging it employs burdensome cancellation practices, such as requiring customers to come to the gym in-person to cancel memberships or send cancellation forms through registered or certified mail. 

  • August 20, 2025

    Talphera Beats Investors' Bid To Save Slogan Suit At 9th Circ.

    The Ninth Circuit on Wednesday refused to revive a proposed shareholder class action accusing Talphera Inc. of misleading investors about the simplicity of administering the pharmaceutical company's "Tongue and Done" opioid, saying in a published opinion that no reasonable investor would "blindly" accept the slogan without considering other information.

  • August 20, 2025

    4th Circ. Upholds Class Cert. In EQT Gas Royalty Fight

    The Fourth Circuit on Wednesday affirmed a lower court's certification of a class of West Virginia landowners in their suit accusing energy company EQT Corp. of having shorted them on payments for natural gas royalties.

  • August 20, 2025

    Yacht Brokerage Fights Judge's Exclusion Reading

    A yacht brokerage trade group urged a Florida federal court to reject a magistrate judge's recommendation freeing a professional liability insurer from covering the group in an antitrust class action, arguing that the magistrate judge misinterpreted a "standard setting" exclusion.

  • August 20, 2025

    Fla. Man Who Evaded $7M In Federal Taxes Gets Probation

    A Florida investor who admitted to cheating the Internal Revenue Service out of $7 million in taxes was sentenced Wednesday to probation after telling a federal judge he suffers from serious health issues, including Stage 4 kidney cancer and early-onset dementia.

  • August 20, 2025

    Twitter Shareholders Say Musk Can't Hide Behind Attys

    Twitter shareholders have asked a New York federal judge to force Elon Musk to either hand over discussions he had with his attorneys prior to his pre-acquisition purchase of Twitter shares or to declare that he does not plan to use the advice of counsel defense, saying Musk cannot use his attorneys as both "a sword and a shield."

  • August 20, 2025

    Google To Pay $35M For Australian Search Antitrust Violations

    Google has agreed to pay $55 million to settle antitrust claims brought by Australia's competition regulator over deals to preinstall its search engine on Australian phones.

  • August 20, 2025

    Verizon, Headwater Settle Dispute After $175M Patent Verdict

    Headwater Research and Verizon have agreed to a settlement after a federal jury last month put the telecommunications giant on the hook for $175 million in damages after finding it infringed a pair of wireless communications patents.

  • August 20, 2025

    2nd Circ. Says Section 230 Can't Block EPA Defeat Device Suit

    The Second Circuit on Wednesday said makers of software that allegedly enables vehicles to bypass pollution controls can't use a Communications Decency Act provision intended to protect companies from third-party use of their products to dodge a federal lawsuit.

  • August 20, 2025

    Production Co. Says Vegas Atty Botched Basketball Deal

    A Las Vegas-based production company has hit a Las Vegas attorney with a malpractice suit for allegedly giving poor legal advice in its deal to build a basketball facility in Atlanta, which led to it being sued for over $5 million in cost overruns.

  • August 20, 2025

    Boeing Eyes Exit From Retooled 737 Max Securities Fraud Suit

    Boeing told an Illinois federal judge that equity funds cannot stuff their amended securities fraud lawsuit with vague and overblown allegations the American aerospace giant defrauded investors by downplaying the 737 Max jets' safety flaws after two deadly crashes in 2018 and 2019.

  • August 20, 2025

    4th Circ. Won't Rethink $190M TM Verdict Against Vivint

    The Fourth Circuit has declined Vivint Smart Home Inc.'s requests to rethink its decision affirming a $190 million verdict in a case accusing the company of deceiving customers of a rival home security business.

  • August 20, 2025

    Commerce Floats 200% Duty On Chinese Plastic Bins, Totes

    The U.S. Department of Commerce preliminarily determined that imported polypropylene corrugated boxes from China could be subject to countervailing duties of up to nearly 200%, according to a notice published Wednesday. 

  • August 20, 2025

    $2.8B BCBS Antitrust Deal Approved With $759M For Attys

    An Alabama federal judge has approved a $2.8 billion settlement between Blue Cross Blue Shield and a class of medical providers in a landmark antitrust case, with $759 million going to Whatley Kallas LLP and other law firms for attorney fees and costs.

  • August 20, 2025

    Former J&J Atty Slams Sanctions Bid Over Bias Suit

    A former Johnson & Johnson data privacy attorney suing the pharmaceutical giant over alleged racial discrimination told a New Jersey federal court that the company's sanctions motion is an unfair move to "weaponize" the rules of civil procedure.

  • August 20, 2025

    5th Circ. Won't Stick BP, Chevron With $11M Well Cleanup Bill

    A Fifth Circuit panel has affirmed a lower court decision dismissing a surety company's lawsuit claiming BP and Chevron need to pony up $11 million to pay for offshore decommissioning costs, saying the insurer wasn't entitled to be reimbursed.

  • August 20, 2025

    Trump Says Fed's Cook 'Must Resign' Amid Loan Fraud Claim

    President Donald Trump's Federal Housing Finance Agency chief on Wednesday accused Federal Reserve Gov. Lisa Cook of potential mortgage fraud and said he has referred the matter to federal prosecutors, prompting Trump to call for Cook's immediate resignation — a call she has rejected.

  • August 19, 2025

    PE Firm Hit With Contempt, Receiver In Del. Over Legal Bills

    A magistrate in the Delaware Chancery Court has entered an order for contempt and sanctions, as well as a receivership, against private equity firm 777 Partners in its former chief financial officer's suit seeking advancement of legal fees in connection with a fraud investigation and multiple lawsuits related to the company's business.

  • August 19, 2025

    Inovalon Investor Suit Over $7.3B Nordic Deal Gets Class Cert.

    A Delaware chancellor has certified a class of Inovalon Holdings common stockholders who challenged the $7.3 billion go-private sale of the company to Nordic Capital and claimed Inovalon failed to disclose that the investors who bought it paid $400 million in fees to its financial adviser before the transaction. 

Expert Analysis

  • Opinion

    DOJ's HPE-Juniper Settlement Will Help US Compete

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    The U.S. Department of Justice settlement with Hewlett Packard Enterprise clears the purchase of Juniper Networks in a deal that positions the U.S. as a leader in secure, scalable networking and critical digital infrastructure by requiring the divestiture of a WiFi network business geared toward small firms, says John Shu at Taipei Medical University.

  • Anthropic Ruling Creates Fair Use Framework For AI Training

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    A California federal court’s recent ruling that Anthropic’s use of copyrighted books to train its large language model qualified as fair use provides important guidance for both artificial intelligence developers and copyright holders because it distinguishes between transformative uses and unauthorized uses involving pirated or format-shifted works, say attorneys at Ropes & Gray.

  • Series

    Playing Baseball Makes Me A Better Lawyer

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    Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.

  • Ultra-Processed Food Claims Rely On Unproven Science

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    Plaintiffs' arguments that ultra-processed foods are responsible for the nationwide increase in certain chronic illnesses, though a novel approach to food-based personal injury claims, depend on theories that are still being tested, say attorneys at DLA Piper.

  • APA Relief May Blunt Justices' Universal Injunction Ruling

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    The Administrative Procedure Act’s avenue for universal preliminary relief seems to hold the most promise for neutralizing the U.S. Supreme Court’s decision in Trump v. CASA to limit federal district courts' nationally applicable orders, say attorneys at Crowell.

  • Series

    Ohio Banking Brief: All The Notable Legal Updates In Q2

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    Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.

  • Building Better Earnouts In The Current M&A Climate

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    In the face of market uncertainty, we've seen a continued reliance on earnouts in M&A deals so far this year, but to reduce the risk of related litigation, it's important to use objective standards, apply company metrics cautiously and ensure short time periods, among other best practices, say attorneys at White & Case.

  • Managing Risks As State AGs Seek To Fill Enforcement Gap

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    Given an unprecedented surge in state attorney general activity resulting from significant shifts in federal enforcement priorities, companies must consider tailored strategies for navigating the ever-evolving risk landscape, say attorneys at Cozen O'Connor.

  • A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals

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    The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.

  • Series

    Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • A Look At Trump 2.0 Antitrust Enforcement So Far

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    The first six months of President Donald Trump's second administration were marked by aggressive antitrust enforcement tempered by traditional structural remedies for mergers, but other unprecedented actions, like the firing of Federal Trade Commission Democrats, will likely stoke heated discussion ahead, says Richard Dagen at Axinn.

  • Reform Partly Modernizes Small Biz Stock Gains Exclusion

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    Changes to the Internal Revenue Code in the One Big Beautiful Bill Act update the qualified small business stock gains exclusion to reflect inflation, but the regime would be more in line with current business realities if Congress had also made the exemption available to additional business structures, says Mark Parthemer at Glenmede.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • Litigation Inspiration: How To Respond After A Loss

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    Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.

  • Tips For Cos. From California Climate Reporting FAQ

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    New guidance from the California Air Resources Board on how businesses must implement the state's sweeping climate reporting requirements should help companies assess their exposure, understand their disclosure obligations and begin documenting good-faith compliance efforts, says Thierry Montoya at Frost Brown.

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