Lawsuits and Litigation: Page 5
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SCOTUS term presented mixed bag for businesses
In a high-stakes term, the justices curtailed the power of government agencies and also handed notable wins and losses to businesses, says a former solicitor general.
By David Weisenfeld • July 26, 2024 -
Courtesy of Kroger
Kroger and Albertsons merger temporarily halted by Colorado judge
The grocers have agreed not to close their deal until after the state court rules on a lawsuit brought by Colorado’s attorney general aiming to stop their combination.
By Catherine Douglas Moran , Sam Silverstein • Updated July 25, 2024 -
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Oklahoma judge permanently blocks state’s anti-ESG law
The ruling extends a temporary injunction against the law issued in May, though Oklahoma Attorney General Gentner Drummond said he will bring an appeal to the state Supreme Court.
By Lamar Johnson • July 23, 2024 -
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Questions over AI claims likely mean a lawsuit is coming, D&O specialist says
If investors suspect a company is being disingenuous about its use of the new technology, don’t be surprised if their next step is a securities claim, the head of an insurance intermediary says.
By Robert Freedman • July 23, 2024 -
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Judge deals major blow to SEC’s cybersecurity enforcement stance
“The decision substantially limits the SEC’s authority to challenge a company’s cybersecurity program,” attorney Mark Schonfeld said.
By Alexei Alexis • July 23, 2024 -
Pichsakul Promrungsee via Getty Images
Buyers advised not to oversell help to a seller facing earn-out goals
Even if the promises aren’t formalized in the purchase agreement, they can come back to bite you, attorneys say in an analysis of a contractual case.
By Robert Freedman • July 22, 2024 -
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Deep DiveWhy in-house counsel and law firms are warming up to litigation funders
The dispute-financing industry is poised for growth as legal departments seek to evolve their reputation as pure cost centers.
By Justin Bachman • July 21, 2024 -
Photo illustration by Danielle Ternes/Legal Dive; photograph by ismagilov via Getty Images
Majority of SEC civil fraud case against SolarWinds dismissed, but core remains
The court ruling related to claims leading up to and immediately following the 2020 Sunburst supply chain hack.
By David Jones • July 18, 2024 -
Bryan Bedder via Getty Images
Beastie Boys sue Chili’s parent Brinker over ‘Sabotage’ video
The rappers contend that the restaurant chain appropriated their 1994 hit and music video for social media use without permission.
By Justin Bachman • July 15, 2024 -
Chip Somodevilla via Getty Images
Supreme Court term showed justices’ ‘project’ to reallocate power, lawyers say
The court disrupted regulatory agencies with its major business rulings, although federal courts may need to offer new stability, according to a legal panel.
By Justin Bachman • July 11, 2024 -
Chip Somodevilla via Getty Images
Labor Department, challengers argue over ESG rule’s tiebreaker standard post-Chevron
A lawyer for the agency said he believes “the logic of the District Court's opinion would produce the same result” under the Loper Bright ruling.
By Lamar Johnson • Updated July 10, 2024 -
(John Salzaruo) via Getty Images
NFL says multiple errors mar $4.7B Sunday Ticket jury award
The federal jury’s “speculation and guesswork” on damages plus mistakes by the court require a new trial, the league argues.
By Justin Bachman • July 9, 2024 -
Joe Raedle / Staff via Getty Images
Visa-Mastercard settlement generates thousands of claim conflicts
Lawyers hope a court-approved extension of the claims filing deadline will provide time for resolution of conflicts and allow other business owners to file new claims in the interchange fee case.
By Lyle Moran • July 9, 2024 -
(Photo by Stephen Brashear/Getty Images) via Getty Images
Boeing would become a felon under DOJ plea deal
The aerospace and defense giant would plead guilty to one criminal count, pay a $244 million fine and operate under an oversight monitor for three years.
By Justin Bachman • July 8, 2024 -
Justin Sullivan via Getty Images
Former Apple lawyer fined 10% of personal net worth for insider trading
Gene Levoff, who oversaw the company’s insider trading compliance program, pleaded guilty four years ago. The $1.15M fine comes on top of $604,000 in forfeited profits and avoided losses.
By Robert Freedman • July 3, 2024 -
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Novant axes hospital deal after FTC pressure
The agency has likely exacerbated the problem it’s trying to solve by leaving an under-resourced business with no lifeline to save it, critics say.
By Robert Freedman • July 2, 2024 -
Damian Dovarganes/AP
NFL slammed with $4.7B verdict in Sunday Ticket antitrust case
A Calif. jury found that the NFL colluded to overcharge fans with its arrangement for selling access to out-of-market games.
By Justin Bachman • June 28, 2024 -
Apu Gomes via Getty Images
Tesla heads back to court still hoping to pay CEO Elon Musk billions
The EV maker is hoping that a second shareholder approval of Musk’s record compensation package will influence a Delaware court.
By Justin Bachman • June 25, 2024 -
Permission granted by Deere and Co.
Deere to pay $1.1M over racial discrimination allegations
The company was cited for allegedly discriminating against 277 Black and Hispanic job applicants at facilities in Illinois and Iowa.
By Kate Magill • June 20, 2024 -
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11th Cir. deals another blow to corporate DEI programs
The federal appellate court ruled 2-1 that a competition designed to award grants to businesses owned by Black women likely violates federal civil rights law.
By David Weisenfeld • June 20, 2024 -
Brandon Bell via Getty Images
Federal court dismisses ExxonMobil lawsuit against activist shareholder
Judge Mark Pittman said “second time’s the charm” for Arjuna Capital, and ruled the case to be moot following the investor’s pledge to not submit climate proposals to the energy giant.
By Lamar Johnson • June 18, 2024 -
Kate Tornone/Legal Dive
Judge dismisses states’ challenge of EEOC’s pregnancy accommodation rule
The plaintiffs took issue with accommodations for elective abortions but failed to show the rule was likely to cause any alleged sovereign or economic harm, the court held.
By Ryan Golden • June 17, 2024 -
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Landmark Visa, Mastercard lawsuit settlement in peril
The judge's likely rejection would scuttle a $29.79 billion deal that was two decades in the making.
By James Pothen • June 14, 2024 -
(Photo by Scott Olson) via Getty Images
Starbucks wins Supreme Court backing in unfair labor practice case
The unanimous ruling makes it more difficult for the NLRB to force companies to reinstate workers fired for union organizing.
By David Weisenfeld • June 13, 2024 -
Ryan Golden/Legal Dive
Honolulu restaurant, HR company settle EEOC suit claiming co-owner targeted gay workers for harassment
The co-owner allegedly exposed his genitals at work, asked for oral sex and commented on male workers’ sexual orientation, EEOC said.
By Ginger Christ • June 13, 2024
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