Law360: Corporate /corporate?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Corporate Copyright 2025 sa¹ú¼Ê´«Ã½. en-US Wed, 25 Jun 2025 23:46:11 +0000 Trump's DOL Blocked From Slashing Job Corps Program /corporate/articles/2357750?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357750 A New York federal judge Wednesday issued a nationwide preliminary injunction prohibiting the U.S. Department of Labor from "suspending" most of the Job Corps program, ruling that Congress created the program and funded it, and the "DOL is not free to do as it pleases." Wed, 25 Jun 2025 22:00:31 +0000 Chevron Denies Contract With Venezuelan Co. In $24M Suit /corporate/articles/2357081?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357081 Chevron Corp. has told a Texas federal judge to dismiss a Venezuelan company's lawsuit over $24 million in unpaid invoices, arguing that it didn't have a contract with the company to begin with. Wed, 25 Jun 2025 21:44:11 +0000 TD Bank Worker Cops To Taking Bribes To Open Accounts /corporate/articles/2357682?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357682 A former employee of TD Bank has pled guilty to accepting bribes for opening around 140 fraudulent bank accounts that led to checking account scams that cost the bank tens of thousands of dollars, the U.S. attorney's office in New Jersey announced Wednesday. Wed, 25 Jun 2025 21:34:37 +0000 SEC Says Banned Investment Adviser Ran Crypto Fund Fraud /corporate/articles/2357411?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357411 A San Diego man and his dissolved company face U.S. Securities and Exchange Commission allegations that they improperly raised $413,000 from at least 11 investors on the strength of promises they'd put the money into a pooled investment vehicle for crypto assets. Wed, 25 Jun 2025 21:11:28 +0000 Security Co. Claims Ex-Exec's Side Biz Stole Guyana Deals /corporate/articles/2357469?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357469 The founder of an Alabama-based perimeter security corporation accused its former chief operating officer of breaching a noncompete agreement, alleging in a Florida state court lawsuit that he formed a rival company to pursue business opportunities in the South American country of Guyana, including a communications deal with SpaceX. Wed, 25 Jun 2025 20:40:50 +0000 Microsoft Wants Out Of Calif. Residents' Privacy Class Action /corporate/articles/2356989?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2356989 Microsoft is urging a Washington federal judge to throw out a proposed class action accusing the company of using advertising and web analytics tools to collect private information about third-party website users, contending that the plaintiffs are "seeking to apply antiquated privacy and wiretapping statutes to cover routine online practices." Wed, 25 Jun 2025 20:30:50 +0000 BofA Benefit Card Recipents Get Cert. In Covid Fraud MDL /corporate/articles/2357345?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357345 A California federal judge has granted certification to five different classes in a multidistrict litigation alleging Bank of America NA's security failures exposed their unemployment and disability benefits cards to fraud and led the bank to breach their contracts by freezing all accounts during the COVID-19 pandemic. Wed, 25 Jun 2025 20:05:19 +0000 SEC Grants Brokers More Time On Customer-Protection Rule /corporate/articles/2357742?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357742 The U.S. Securities and Exchange Commission agreed Wednesday to extend until late June 2026 the time broker-dealers have to comply with recent amendments to a regulation protecting customers, saying that firms need more time to upgrade their operations. Wed, 25 Jun 2025 19:57:25 +0000 Fed. Circ. Won't Revive Inventor's Patent Suit Against Google /corporate/articles/2357474?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357474 The Federal Circuit on Wednesday denied a bid to revive a patent infringement case from a man who says Google's products use aspects of his threat-detection technology. Wed, 25 Jun 2025 18:17:39 +0000 A Midyear Tuneup For Your Trade Secret Portfolio /corporate/articles/2355159?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2355159 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. Wed, 25 Jun 2025 18:17:01 +0000 Copyright Office Won't Collapse Sans Perlmutter, Trump Says /corporate/articles/2357153?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357153 The Trump administration has said the fired leader of the U.S. Copyright Office has not shown that the agency's operations "will grind to a halt" if she is not immediately reinstated and asked a D.C. federal judge to reject her motion for a preliminary injunction. Wed, 25 Jun 2025 17:46:57 +0000 Meta Beats 'Half-Hearted' Harm Args In AI Fair Use Suit /corporate/articles/2357703?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357703 A California federal judge concluded Wednesday that it was fair for Meta Platforms Inc. to train its Llama large language models with 13 bestselling authors' copyrighted material without their permission, calling their arguments that the tech giant's use of their works would harm the market for their books "half-hearted." Wed, 25 Jun 2025 17:24:26 +0000 9th Circ. Ruling Is Turning Point For Private Funds In 401(k)s /corporate/articles/2354543?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2354543 The Ninth Circuit's decision in Anderson v. Intel reinforces that the Employee Retirement Income Security Act's duty of prudence permits fiduciaries to use private market assets in diversified funds, yet it also exposes the persistent litigation and regulatory uncertainties that continue to temper wider adoption in 401(k) plans, say attorneys at Debevoise. Wed, 25 Jun 2025 17:04:23 +0000 How Energy Cos. Can Prepare For Potential Tax Credit Cuts /corporate/articles/2357102?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357102 The Senate Finance Committee's version of the One Big Beautiful Bill act would create a steep phaseout of renewable energy tax credits, which should prompt companies to take several actions, including conduct a project review to discern which could begin construction before the end of the year, say attorneys at Husch Blackwell. Wed, 25 Jun 2025 17:02:41 +0000 The 5 Big Enforcement Trends White Collar Attys Must Know /corporate/articles/2357635?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357635 The Trump administration has made clear its intent to prioritize U.S. interests, eliminate transnational cartels and cut government fraud, waste and abuse — but questions remain about the administration’s approach to foreign bribery, crypto, public corruption, self-disclosure and clemency as we head into the second half of the year. Wed, 25 Jun 2025 16:46:22 +0000 3rd Circ. Upholds $3.2M Atty Fee In Wawa Breach Suit /corporate/articles/2357447?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357447 The Third Circuit on Wednesday upheld a $3.2 million fee award for Berger Montague and Fine Kaplan & Black in the settlement for consumers affected by a 2019 Wawa data breach, ruling Wednesday that the district court judge correctly found no improper "side deals" or collusion at class members' expense. Wed, 25 Jun 2025 16:42:04 +0000 Hodgson Russ Adds Ex-GC Of NY Enviro Agency /corporate/articles/2357555?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357555 Hodgson Russ LLP has hired the former longtime deputy commissioner and general counsel of the New York Department of Environmental Conservation to bolster its environmental and energy practices and expand the reach of its Albany, New York, office. Wed, 25 Jun 2025 15:46:47 +0000 The CFTC Is Shaking Up Sports Betting's Legal Future /corporate/articles/2353118?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2353118 The sports betting industry faces a potential sea change amid recent state and federal actions across the regulatory landscape that have expanded access to sporting event contracts against the backdrop of waning Commodity Futures Trading Commission opposition, says Nick Covek at Foley & Lardner. Wed, 25 Jun 2025 14:33:07 +0000 Tech-Focused SPACs Raise $408M Combined In New Listings /corporate/articles/2357333?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357333 A pair of technology-focused special-purpose acquisition companies debuted on Wednesday after pricing two initial public offerings that raised $408 million combined, joining a wave of new SPAC listings, under guidance from five law firms. Wed, 25 Jun 2025 13:54:21 +0000 Do Kwon Trial Judge Has Eye On Federal Crypto Legislation /corporate/articles/2357556?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2357556 Federal legislation that could codify stablecoins as payment-related assets — not securities — has the potential to impact the Manhattan U.S. attorney's $40 billion criminal case against Terraform founder Do Kwon, a federal judge said Wednesday.