https://www.law360.com/corporate?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Corporate Copyright 2025 Portfolio Media, Inc. en-US Thu, 01 May 2025 23:26:59 +0000 https://www.law360.com/corporate/articles/2333429?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333429 The Federal Trade Commission and Nevada on Thursday filed suit in federal court against an investment training company they alleged scammed more than $1.2 billion out of consumers, mostly young adults, by selling trading courses taught by "bogus" instructors and encouraging consumers to participate in a multi-level marketing scheme. Thu, 01 May 2025 22:59:51 +0000 https://www.law360.com/corporate/articles/2333388?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333388 The Second Circuit on Thursday upheld the toss of a proposed class action accusing digital streaming provider Flipps Media Inc. of unlawfully sharing video-viewing information with Meta Platforms Inc., finding that the disclosed data didn't fall within the scope of the federal Video Privacy Protection Act.  Thu, 01 May 2025 22:41:30 +0000 https://www.law360.com/corporate/articles/2333568?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333568 Pennsylvania federal prosecutors announced Thursday that the former director of network planning and engineering for Amtrak is charged with taking bribes worth tens of thousands of dollars in exchange for steering millions of dollars in Amtrak contract work to various vendors. Thu, 01 May 2025 22:35:21 +0000 https://www.law360.com/corporate/articles/2333086?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333086 DaVita Inc. is facing at least two proposed class actions over a data breach the kidney care provider announced in April, with current and former patients alleging Wednesday in Colorado federal court that data thieves have already engaged in identity theft and fraud while DaVita has yet to offer details. Thu, 01 May 2025 22:05:15 +0000 https://www.law360.com/corporate/articles/2333316?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333316 The federal government brought a bombshell False Claims Act suit Thursday against Aetna, Elevance and Humana, claiming the insurers paid hundreds of millions of dollars in illegal kickbacks to brokers in exchange for enrollments into their Medicare Advantage plans, with Humana and Aetna also accused of discriminating against disabled beneficiaries. Thu, 01 May 2025 21:41:26 +0000 https://www.law360.com/corporate/articles/2333554?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333554 The U.S. Securities and Exchange Commission moved Thursday to drop its suit over cryptocurrency influencer Ian Balina's alleged promotion of so-called SPRK tokens, about a month after Balina's attorneys said the federal regulator planned to walk away from the case. Thu, 01 May 2025 21:13:16 +0000 https://www.law360.com/corporate/articles/2333553?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333553 An academic testifying for Google on Thursday told a D.C. federal court that the data sharing provisions being proposed as a fix in the search monopolization case would allow rivals to reverse engineer Google search and if not match the results, at least mimic them. Thu, 01 May 2025 21:05:25 +0000 https://www.law360.com/corporate/articles/2333424?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333424 Two former FirstEnergy Corp. executives indicted over their alleged roles in a $1 billion bribery scandal objected Thursday to the possibility they could be sanctioned for failing to produce certain information in a civil suit brought by FirstEnergy investors, calling language in a special master's report "inappropriate" and potentially prejudicial. Thu, 01 May 2025 20:46:31 +0000 https://www.law360.com/corporate/articles/2332772?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2332772 The Federal Circuit's argument calendar for May includes appeals of two nine-figure patent verdicts — one against Apple and one against Medtronic — and Roku's bid to revive its remote control patent suit at the U.S. International Trade Commission after a loss tied to the commission's domestic industry requirement. Thu, 01 May 2025 20:01:48 +0000 https://www.law360.com/corporate/articles/2333014?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333014 Private equity-tilted limited liability company contract terms beat minority investor challenges to the fairness of the $8.9 billion merger in January 2023 that joined Summit Health-CityMD and VillageMD, a Delaware vice chancellor ruled late Wednesday. Thu, 01 May 2025 19:59:24 +0000 https://www.law360.com/corporate/articles/2332741?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2332741 Whether it was fair for Meta Platforms to use copyrighted books without permission to train an artificial intelligence platform will come down to how the market for those books is impacted, regardless of how transformative the innovation may be, the California federal judge overseeing a proposed class action from a group of bestselling authors said Thursday. Thu, 01 May 2025 19:35:49 +0000 https://www.law360.com/corporate/articles/2333193?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333193 McDonald's Corp. has agreed to drop its claims against Cargill Inc. in litigation accusing major meat processing and packing companies of conspiring to fix beef prices, according to a joint announcement made by the companies. Thu, 01 May 2025 19:25:35 +0000 https://www.law360.com/corporate/articles/2332580?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2332580 Publix Super Markets Inc. can't slip opioid-related claims from nine municipalities in which the supermarket chain alleges it has no pharmacies, an Ohio federal judge overseeing sprawling national opioid litigation ruled. Thu, 01 May 2025 18:39:38 +0000 https://www.law360.com/corporate/articles/2333052?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333052 President Donald Trump's flurry of tariff actions since taking office has created new questions for multinationals and their transfer pricing tax planners, including how to properly account for cost increases associated with new duties in related party transactions. Thu, 01 May 2025 18:20:46 +0000 https://www.law360.com/corporate/articles/2333292?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333292 The U.S. Senate on Thursday voted to eliminate a U.S. Environmental Protection Agency rule aimed at restricting industrial facilities' harmful air emissions after being reclassified as a less severe pollution source. Thu, 01 May 2025 17:49:59 +0000 https://www.law360.com/corporate/articles/2332912?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2332912 Delaware's Supreme Court on Wednesday approved a mid-case review for a Paramount Global stockholder suit seeking books and records on the company's proposed $8 billion tie-up with Skydance Media. Thu, 01 May 2025 17:01:13 +0000 https://www.law360.com/corporate/articles/2333040?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333040 The owner of an Illinois-based masonry business awarded a federal contract to renovate Philadelphia's historic 30th Street Station admitted Wednesday to bribery charges in a case alleging he had his executives shower gifts on an Amtrak employee who then approved additional work that added $52 million to the project's cost. Thu, 01 May 2025 16:34:20 +0000 https://www.law360.com/corporate/articles/2332727?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2332727 Two district courts' split decisions on whether plaintiffs had standing in class actions challenging pension risk transfer transactions, amid a swath of similar suits, provide an early indication of how courts might rule in this new wave of Employee Retirement Income Security Act litigation, say attorneys at Gibson Dunn. Thu, 01 May 2025 16:16:43 +0000 https://www.law360.com/corporate/articles/2332519?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2332519 While businesses may have been given a reprieve from the U.S. Securities and Exchange Commission's rules aimed at standardizing climate-related disclosures, they must still track evolving requirements in states including California, Illinois, New Jersey and New York that will soon require reporting of direct and indirect carbon emissions, say attorneys at Husch Blackwell. Thu, 01 May 2025 16:14:37 +0000 https://www.law360.com/corporate/articles/2333012?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2333012 The legal malpractice suit in which gene sequencing company GenapSys Inc. argued Paul Hastings LLP caused GenapSys' bankruptcy appears to have been settled.