Litigation

Massachusetts Settles AI Bias Case with Student Loan Firm

Massachusetts secures $2.5M settlement over alleged AI bias in student loan underwriting, requiring new governance, testing, and oversight measures.

Fifth Circuit Limits Recovery in Bankruptcy Preference Actions

Eleventh Circuit Resolves Split on Corporate Debtor Discharges

Read about the Eleventh Circuit ruling that § 523(a) exceptions on debtor discharges apply to a corporate debtor in non-consensual Subchapter V plans.

First Circuit Limited SEC Disgorgement Awards in Commonwealth Equity Case

Explore how a ruling in the Commonwealth Equity case challenges SEC disgorgement calculations and reinforces juries’ role in determining materiality.

Federal Court Rejects Class Complaint for Lack of Specificity

Read about how a federal court’s rejection of a class complaint for lack of specificity illustrates the commonality requirement in class certification.

Delaware Court Blocks Discovery to Support Demand Futility in Boeing Suit

Delve into a Delaware court ruling, which denied discovery to derivative plaintiffs seeking to support demand futility claims early in the litigation.

Third Circuit Reverses Class Certification in Auto Insurance Dispute, Citing Valuation Methods

Learn why the Third Circuit overturned class certification in an auto insurance dispute, citing individualized issues of settlement that outweighed common questions.

Nord Security Faces Another Class Action Over Deceptive Subscription Renewal Practices

Read about allegations that Nord Security tricks users into paying for subscriptions to its privacy and security products with “negative option” billing.

Judge Withdraws Opinion After Fabricated Quotes and Legal Errors Are Exposed

A judge withdrew a ruling after lawyers revealed fabricated quotes and legal errors, raising concerns about accuracy and accountability in judicial opinions.

Understanding the Risks of a Passive Foreign Investment Company (PFIC) for US Taxpayers

States Escalate Wage Theft Enforcement with Criminal Charges Against Employers

Discover the growing trend of criminalizing wage theft, as states increasingly pursue felony charges against employers for unpaid wages, minimum wage violations, and employee misclassification.

SEC Sues Investment Adviser for Fee Misconduct

Read why the SEC is pursuing an investment adviser for fiduciary breaches and fee misconduct that allegedly harmed elderly clients who relied on income from advisory accounts.