Law360: Corporate /corporate?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Corporate Copyright 2025 sa¹ú¼Ê´«Ã½. en-US Mon, 25 Aug 2025 14:53:33 +0000 MusclePharm Ex-CEO Pays $175K To End SEC Fraud Claims /corporate/articles/2380413?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380413 A former CEO of supplements company MusclePharm Corp. will pay the U.S. Securities and Exchange Commission $75,000 and reimburse his former company $100,000 as part of an agreement ending the regulator's claims he failed to properly oversee the company's accounting and financial reporting, including by not reporting $231,000 worth of perks he received. Mon, 25 Aug 2025 14:16:06 +0000 Traditional Venue Theories May Not Encompass Crypto Fraud /corporate/articles/2377388?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2377388 A New York federal court's recent decision in U.S. v. Eisenberg, overturning a jury verdict against a crypto trader on venue deficiencies and insufficient evidence, highlights the challenges of prosecutions in the decentralized finance space, and will no doubt curtail law enforcement's often overly expansive view of jurisdiction and venue, say attorneys at Venable. Mon, 25 Aug 2025 13:37:57 +0000 Assessing Strategies For Mixed-Use Pro Sports Projects /corporate/articles/2378812?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2378812 Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten. Mon, 25 Aug 2025 13:34:51 +0000 Woman Who Beat $1.7M In Tax Liens Can't Recover Costs /corporate/articles/2380325?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380325 A woman blamed by the government for the employment tax failures of her husband's construction company cannot recover her legal costs after a jury cleared her, a New York federal judge ruled, saying the U.S. was justified in trying to uphold $1.7 million in liens against her. Fri, 22 Aug 2025 23:53:17 +0000 Apple Says Ex-Employee Stole Watch Secrets For Oppo /corporate/articles/2380355?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380355 Apple is going after a former employee on its Apple Watch team in a California federal lawsuit, claiming he stole trade secrets related to the wearable device to share with his new employer, Chinese phone maker Oppo. Fri, 22 Aug 2025 23:30:05 +0000 Coder Gets 4 Years For 'Kill Switch' On Ex-Employer's System /corporate/articles/2380346?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380346 A Texas-based software developer has been sentenced in Ohio federal court to four years in prison after an unsuccessful attempt at getting a new trial following his conviction for deploying a "kill switch" on his former employer's network. Fri, 22 Aug 2025 22:54:01 +0000 Intel Says US Will Take 10% Stake In Business /corporate/articles/2380347?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380347 Intel Corp. announced Friday that it has reached an agreement with the Trump administration for the U.S. government to acquire a 10% stake in its business in exchange for $8.9 billion in previously awarded grants, a move the company says will help it expand the American semiconductor industry. Fri, 22 Aug 2025 21:38:46 +0000 Ex-Tennis Channel Chief Says Sinclair Fired Him To Duck Pay /corporate/articles/2380342?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380342 The former Tennis Channel president sued the network, the Sinclair Broadcast Group and others in California state court Friday, alleging that after he spent 20 years building the channel into a success, he was fired last year in a pretextual move to avoid paying him his equity options.  Fri, 22 Aug 2025 20:14:58 +0000 Rite Aid Execs Dodge Investor Suit Over Opioid Litigation /corporate/articles/2380044?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380044 Several of Rite Aid's executives have escaped a securities fraud suit accusing them of making misleading statements about the pharmacy retailer's opioid-related liabilities, with a Pennsylvania federal court finding they sufficiently cautioned investors about the company's ongoing legal battles. Fri, 22 Aug 2025 20:04:00 +0000 Calif. Justices Say Wage Law Ignorance Prompts Damages /corporate/articles/2380247?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380247 California employers need to show they took reasonable steps to comply with minimum wage laws to support a good faith defense against liquidated damages, the California Supreme Court ruled, flipping a state appellate court decision. Fri, 22 Aug 2025 20:01:21 +0000 9th Circ. Weighs Religious Bias Suit In LGBTQ+ Post Firings /corporate/articles/2380271?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380271 An attorney for two Christian flight attendants who say they were illegally fired by Alaska Airlines and abandoned by their labor union for opposing the airline's support for LGBTQ+ rights urged the Ninth Circuit Friday to revive their case, saying it is clear from the record that they were fired for their religious beliefs.  Fri, 22 Aug 2025 19:43:21 +0000 JPMorgan Agrees To Pay $330M To Resolve 1MDB Allegations /corporate/articles/2380062?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380062 JPMorgan Chase has agreed to pay $330 million to Malaysia's Assets Recovery Trust Account to resolve allegations the bank's Swiss unit facilitated transfers associated with the 1Malaysia Development Berhad, or 1MDB, according to a joint announcement made Friday. Fri, 22 Aug 2025 19:37:25 +0000 Employment Authority: Fallout Of 5th Circ. NLRB, SpaceX Row /corporate/articles/2378128?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2378128 Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with a look at the Fifth Circuit's decision finding SpaceX and other employers demonstrated that removal protections for NLRB members likely violate the U.S. Constitution, what experts have to say about the U.S. Equal Employment Opportunity Commission's approach to employers' accommodation obligations and how federal courts have viewed the Second Circuit's 2015 decision about approval for private Fair Labor Standards Act settlements. Fri, 22 Aug 2025 19:23:52 +0000 Startup Accelerator Backs Epic In Apple Case At 9th Circ. /corporate/articles/2380115?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380115 Startup accelerator Y Combinator is backing Epic Games as Apple asks the Ninth Circuit to nix an order blocking it from charging commissions on app purchases made outside its payment system, telling the appeals court Apple "blatantly violated" a previous order. Fri, 22 Aug 2025 19:04:29 +0000 BJ's, Five Guys Ripped Off Digital Ordering Patent, Suits Say /corporate/articles/2380260?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380260 Five Guys, BJ's and other chain restaurants have been sued in Texas federal court by Smart Order LLC, which alleges that the eateries are infringing its patent covering online customer purchasing systems available through mobile apps or in-store kiosks for curbside pickup or scheduled preorders that help cut down on waiting times. Fri, 22 Aug 2025 18:52:20 +0000 NYC Mall Lenders, Developer Ax Foreign Investor Suit /corporate/articles/2379908?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2379908 A New York federal judge dismissed foreign investors' suit over the loss of their investment in a New York City mall project, finding they failed to prove their investments were lost because parties allowed their funds to be subordinated to later financing provided by a Goldman Sachs affiliate. Fri, 22 Aug 2025 18:50:25 +0000 2nd Circ. Revives Some Rate-Rigging Claims Against Banks /corporate/articles/2380131?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380131 The Second Circuit on Friday partially revived claims that UBS AG and the Royal Bank of Scotland PLC manipulated a key interest rate for the lending of euros, allowing a pair of funds to press forward with claims that the banks' actions harmed U.S. investors trading derivatives tied to the rate. Fri, 22 Aug 2025 18:41:14 +0000 New York City Clears Waymo To Test Self-Driving Cars /corporate/articles/2380263?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380263 Waymo LLC received the green light to begin testing its self-driving cars in New York City after scoring a permit Friday that could pave the way for autonomous vehicles to roll out in one of the nation's most heavily congested cities. Fri, 22 Aug 2025 18:39:18 +0000 Apple Users' Attys Near OK On $28.5M Fees For Privacy Deal /corporate/articles/2380265?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380265 A California federal judge indicated Friday he'll grant final approval to Apple's $95 million settlement with tens of millions of users who claimed its voice-activated software Siri eavesdropped on their conversations without consent, and called the plaintiffs' attorneys' request for a 30% cut amounting to $28.5 million "legally appropriate." Fri, 22 Aug 2025 18:19:15 +0000 SEC Sues 5 For Insider Trading Before Chinook-Novartis Deal /corporate/articles/2380054?utm_source=rss&utm_medium=rss&utm_campaign=section /corporate/articles/2380054 The U.S. Securities and Exchange Commission filed suit on Friday against five individuals for allegedly engaging in insider trading involving Chinook Therapeutics stock ahead of its $3.5 billion acquisition by Novartis, resulting in wrongful gains of more than $500,000 from their trades using material nonpublic information.