SEC fines Lyft for failing to disclose $424M, pre-IPO stock sale

Lyft is required under federal securities laws to disclose stock transactions exceeding $120,000 that involve a person with ties to the company, the SEC said.

DOJ’s Kanter can stay on Google antitrust case, judge rules

But the Department of Justice should nevertheless “think about” having the case against Google’s ad-sales dominance led by someone else, a federal judge said.

Generative AI presents GCs with ‘generational leadership opportunity’

The emerging AI’s language-centric capabilities are much better suited to legal work than previous waves of technology, which should benefit legal departments.

California set to require workplace violence prevention plans

Senate Bill 553, which the Legislature approved, would require most businesses to maintain logs on violent incidents.

How to avoid violating CCPA when sharing employee data

If companies don’t have the right contractual arrangements with their vendors, sharing data could be construed as a sale. 

Drafting contracts, flagging risk called top legal GenAI uses

Although the tools can introduce risk if they’re not set up and maintained with discipline, there’s risk to not deploying the tools if team members use them on the side, tech specialists say.

Do employers need to pay for worker commutes?

A Biden memo on federal workers has raised new questions for the private sector.

What employers can do in a world without noncompetes

Forfeiture clauses are one tactic. They provide a meaningful disincentive for employees to engage in competitive behavior.

Companies face Scope 3 emissions reporting in Calif. bill heading to Gov.

Calculating carbon released throughout a company’s entire supply chain will be difficult for small and mid-sized businesses, critics of SB 253 said.

Orthofix ousts CEO, CFO, CLO, citing ‘offensive conduct’

An investigation conducted by an independent outside legal counsel found that the three executives had “violated multiple code of conduct requirements.”

How in-house attorneys can build strong networks

As you grow in your career, you’ll find that the more diverse perspectives you can gain, the faster and more meaningful your growth will be. 

Piracy websites at core of class action lawsuit against OpenAI

Plaintiffs accuse the generative AI company of going to websites that illegally make books available for free online to train its large language models.

Walmart refused to provide deaf workers ASL interpreters, EEOC claims

The retailer instead relied on a supervisor with limited sign language capabilities to accommodate employees at a Kansas store, the agency said.

Spirit Airlines curtails employee eligibility for FMLA leave, lawsuit alleges

A former flight attendant claimed the airline excluded most pre- and post-flight work time when calculating whether he and others met the law's hours-of-service requirement.

New Moody’s general counsel starts tenure

Richard Steele, the longtime legal chief of the company’s Moody’s Analytics subsidiary, has deep experience in M&A and go-to-market efforts. 

Third parties can be liable for employment discrimination, Calif. court rules

The California Supreme Court’s unanimous decision also has implications for employers who utilize outside providers to assist with the hiring process.

Don’t rush ethics in generative AI adoption plans

Even when leaders feel the pressure to adopt generative AI quickly, ethical frameworks and use case policies should guide their plans.

Google lawyers in landmark antitrust case call DOJ’s approach flawed

The legal team defending the tech company cut its teeth going after Microsoft 25 years ago. It’s applied what it’s learned to try to inoculate Google from that previous line of attack. 

California acts on noncompetes, caste discrimination

The noncompetes law expands the ways in which employees can challenge such agreements in the Golden State, according to attorneys.

Microsoft seeks to reassure Copilot users with genAI copyright legal defense

Users won’t be protected if they don’t use the content filters and guardrails Microsoft has built into its AI-assisted tools, the company says.  

SEC fines Monolith for violating whistleblower safeguards

Privately held companies, like their publicly traded counterparts, must uphold SEC-mandated safeguards for whistleblowers, the agency said.

Disney scales back its federal lawsuit against DeSantis

The company’s amended complaint focuses solely on allegations the governor and other Florida officials violated its First Amendment rights to oppose controversial legislation.

How to avoid ambiguity in non-disparagement clauses

A few simple changes to how you draft provisions in a separation agreement can help prevent problems down the road, employment law specialists say.

EEOC sues Maryland Verizon branch for ADA violations

Beyond terminating employment, creating environments that force workers to quit is also a violation of federal labor law.

SEC fines Fluor $14.5M for accounting flaws

Fluor last decade failed to deploy the internal controls needed for its use of the percentage of completion accounting method, the SEC said.