The Latest
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Deputy GC is becoming a key Microsoft communicator
Rima Alaily is using public communications to position the world’s third-largest company as a champion of transparency.
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CFPB-Google battle likely to stretch into next administration
The Consumer Financial Protection Bureau says Google’s payment unit failed to explain why it was denying customer requests for refunds. Google told the agency to back off in a lawsuit.
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FTC orders a building services contractor to end no-hire agreement
The company’s policy prevented workers from negotiating better wages, benefits and working conditions, the FTC said.
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CFPB sues Comerica for ‘systematically failing’ federal benefits recipients
The watchdog, which Comerica sued last month over its “costly” investigation, alleged the bank intentionally dropped 24 million customer service calls and charged illegal ATM fees.
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How to adopt GenAI within your legal department or law practice
Capital spending and ROI will be top of mind for legal executives moving forward with AI legal tools in 2025. Here are some best practices.
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Lack of oversight called legitimate reason to doom Max 737 Boeing-DOJ plea deal
The judge’s focus on DEI in rejecting the agreement is attention-grabbing but it’s the absence of court enforcement that’s the problem, a legal scholar says.
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Super Micro proposed class actions head toward consolidation
Litigation alleging Super Micro, its CEO and CFO misled investors is poised to heat up. But an AI supercomputer project the company is involved in got a shout-out from Elon Musk.
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Court blocks Target’s attempt to move, dismiss DEI-related shareholder suit
The lawsuit argued that Target’s “DEI/ESG mandates” had a “known risk of adverse customer reactions,” and should have therefore been disclosed in investor statements.
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Crypto leaders have knives out for attorneys leaving the SEC
Coinbase and Ripple executives want law firms not to hire lawyers who worked on lawsuits against them.
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DEI failures contributed to a drop in stock prices, Lululemon shareholder alleges
Lululemon’s DEI initiative was “misguided” and its structure raised ethical concerns, the shareholder said in a derivative action lawsuit filed on behalf of the company.
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RealPage files motion to dismiss DOJ suit
Despite the company’s “very compelling arguments,” an antitrust lawyer thinks the case will proceed.
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Employee alleges Apple snoops on workers’ personal emails, photos
The plaintiff also alleged Apple’s intellectual property agreement bars employees from discussing information such as pay and working conditions.
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Big tech likely to stay in crosshairs under Trump’s DOJ antitrust pick
Gail Slater, who would take over from Jonathan Kanter as the agency’s competition enforcer, is “not known as a friend of big tech” and her choice isn’t “good for Google,” CNBC analyst Jim Cramer says.
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FTC cracks down on 3 clothing companies for false ‘Made in USA’ claims
The Federal Trade Commission is refunding $140,000 to consumers after the New England-based companies lied about where they manufactured their products.
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How to prepare for Trump’s new immigration policies
In light of potential deportation actions, lawyers recommend internal I-9 audits to ensure the work authorization status of employees.
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Trump taps crypto lobbyist, business consultant to lead SEC
Trump’s nominee, Paul Atkins, served as a commissioner at the SEC under former President George W. Bush.
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Judge nixes post-trial ‘ratification’ of Elon Musk’s record Tesla pay package
There’s no basis for creating new evidence by holding a shareholder vote after the case has gone to trial, Delaware Chancellor Kathaleen McCormick said in rejecting the pay package for a second time.
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Biotech startup avoids SEC penalties through voluntary self-report
Cancer drug maker Kiromic was charged with omitting FDA regulators’ concerns about two of its therapies as it sought to raise $40 million from investors.
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Note from the Editor-in-Chief
A change in ownership and what it means for our readers.
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What’s driving M&A into 2025? Companies seeking AI capabilities
The race into generative artificial intelligence is fueling many deals, while contingent considerations are bridging valuation gaps, Cooley’s M&A team says.
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Logo creator seeks copyright in new infringement case against Jets
A former employee says the New York football team and the NFL are using his design without permission and obtained the trademark fraudulently.
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Barclays to pay $19.5M to resolve suit over error in debt sale
Shareholders sued the British bank in 2022, claiming they lost money after the lender sold far more in structured debt products than regulators permitted.
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SEC settles ransomware case against ICBC unit
The agency opted not to impose a fine on the U.S. unit of China's largest bank, which had difficulty updating system books and records after a 2023 cyberattack.
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CFPB proposes rule to rein in data brokers’ sale of consumer information
With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.
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FTC rule change splits Republican commissioners after Trump win
The telemarketing rule expansion is designed to protect seniors from consumer tech sales scams. One commissioner says the “lame duck” FTC should stand down.