Litigation
Learn about how the First Circuit overturned a $93M SEC judgment against Commonwealth, citing lack of evidence on materiality, causation, and flawed disgorgement analysis.
A Colorado court ruling narrows Section 11 liability for direct listings, reinforcing strict tracing rules set by the Supreme Court in Slack Technologies.
The Delaware court applies an “entire fairness standard” but still dismisses the shareholder suit, finding no plausible claim of an unfair price in the challenged acquisition.
Read more about the FTC rule targeting deceptive car sales has been vacated, but many state and federal laws remain in effect.
A Fourth Circuit ruling limits bank liability in email fraud cases, holding that banks have no duty to detect mismatched names in ACH transfers unless they have actual knowledge.
Learn more about the Supreme Court decision limiting the waiver of sovereign immunity in bankruptcy cases, ruling that trustees can’t use state law claims under Section 544(b) to sue the federal government.
Read how, after denying initial claims, Oracle quietly admits to a cloud breach that exposed customer data and faces a class action lawsuit in Texas.
Read more about Evolve Bank paying $11.8 million to settle a data breach lawsuit that exposed its fintech partners to hackers.
Read how the US Court of Appeals for the Federal Circuit affirms a rejection of patent claims for cancer drug dosing, emphasizing that inventor motivation isn’t required to prove obviousness.
Read about the case involving the state’s workers’ compensation system and a lawyer who suffered a work-related injury while loading files into a trial bag.
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