accountability

  • Google’s Antitrust Woes Mount Over Search, Apps, Ads

    In the span of two days this week, Alphabet’s (GOOGL.O) Google faced a court order to open its app store, Play, to rivals and learned that the U.S. Justice Department may soon request a judge to break up the company to limit its control over online searches. U.S. Antitrust Cases Against Google Android AppsU.S. District…

  • Supreme Court Signals Concern Over Glossip Death Penalty Decision

    On Wednesday, U.S. Supreme Court justices expressed concerns about a judicial decision allowing Richard Glossip’s execution to proceed as they considered the Oklahoma death row inmate’s appeal regarding his conviction for a 1997 murder-for-hire. During the arguments, the justices examined whether an Oklahoma court appropriately evaluated newly revealed information that Glossip’s lawyers claimed would have…

  • TikTok Sued by 13 States and DC, Accused of Harming Younger Users

    TikTok faces new lawsuits filed by 13 U.S. states and the District of Columbia on Tuesday, accusing the popular social media platform of harming and failing to protect young users. These lawsuits, submitted separately in New York, California, the District of Columbia, and 11 other states, expand TikTok’s legal battles with U.S. regulators and seek…

  • Top US Colleges Hit With New Antitrust Lawsuit Over Financial Aid

    Forty elite private universities in the U.S. conspired to overcharge for tuition by including noncustodial parents’ assets in financial aid calculations, students allege in a new lawsuit. The proposed class action, filed on Monday night in Chicago by a Boston University student and a Cornell University alum, targets Northwestern, Harvard, Yale, Dartmouth, Cornell, Georgetown, and…

  • Supreme Court Leans Toward Upholding Biden’s ‘Ghost Guns’ Restrictions

    On Tuesday, the Supreme Court signaled its willingness to uphold the legality of a 2022 regulation from President Joe Biden’s administration that targets “ghost guns,” largely untraceable firearms that have surged in crime nationwide. The justices heard arguments in the administration’s appeal against a lower court’s ruling, which stated that the U.S. Bureau of Alcohol,…

  • FTX Cleared to Repay Billions to Customers in Bankruptcy Plan Approval

    FTX received court approval for its bankruptcy plan on Monday, enabling it to fully repay customers using up to $16.5 billion in assets recovered since the collapse of the once-leading crypto exchange. U.S. Bankruptcy Judge John Dorsey approved the wind-down plan during a hearing in Wilmington, Delaware, praising FTX’s success as “a model case for…

  • McDonald’s Sues Major Beef Producers in Price-Fixing Lawsuit

    McDonald’s has filed a lawsuit against JBS, Tyson Foods, and other leading meat processing and packing companies, accusing them of conspiring for years to limit beef supplies. This alleged conspiracy boosted the meatpackers’ profits while forcing McDonald’s to pay artificially inflated prices. In a lawsuit submitted on Friday in Brooklyn federal court, McDonald’s claims the…

  • Indiana Joins Legal Services Reform Push, Citing Lawyer Shortage

    Indiana is moving toward allowing alternative approaches to delivering legal services, following the lead of other U.S. states. On Thursday, the Indiana Supreme Court directed its innovation committee to develop parameters for a “legal regulatory sandbox,” with the goal of creating more flexible legal service models. The committee must submit its proposals by March 1.…

  • Legal Fee Tracker: Whistleblower Lawyers Could Lose Big in False Claims Act Fight

    A Florida federal judge issued a ruling this week that threatens to dismantle a key part of the federal False Claims Act, a Civil War-era law designed to combat fraud against the U.S. government and reward whistleblowers who expose it. The law’s whistleblower provisions, strengthened by Congress in 1986, have created a lucrative practice for…

  • Kirkland, Skadden, Goodwin Lead Deal Adviser Rankings as M&A ‘Headwinds’ Remain

    Leading U.S. and international law firms are advising on fewer but larger corporate deals compared to last year, continuing the trend in worldwide mergers and acquisitions (M&A) activity. Global M&A deal values during the first nine months of 2024 reached $2.3 trillion, marking a 16% rise from the same period last year. The London Stock…