lawsuit
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A federal appeals court in New Orleans decided on Monday not to adopt a first-of-its-kind rule at the appellate level regulating the use of generative artificial intelligence by lawyers. The 5th U.S. Circuit Court of Appeals announced this decision after considering the use of AI in legal practice and receiving mostly negative public comments from…
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A legal assault on the U.S. Securities and Exchange Commission is chipping away at its powers to oversee Wall Street, and this effort is likely to intensify with two imminent Supreme Court rulings. Last week, a U.S. appeals court overturned a major SEC rule that imposed stricter oversight of private funds, delivering a fresh blow…
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The U.S. Supreme Court has ruled that the federal government has been underfunding Native American tribes administering their own healthcare programs for 30 years and must pay potentially hundreds of millions more going forward. In a 5-4 ruling, the court found that federal law requires the U.S. Department of Health and Human Services to cover…
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A court-appointed panel has recommended how to allocate a pool of $2.13 billion in legal fees from nationwide drug industry settlements over the U.S. opioid crisis, with top firms set to receive hundreds of millions of dollars. The panel awarded national firm Motley Rice the largest share, at 18.6% of the funds, or $396 million.…
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The families of the Sandy Hook massacre victims claimed victory in Alex Jones’ bankruptcy case, accepting his proposal to sell his assets, including InfoWars, to partially pay the legal judgments for his lies about the 2012 U.S. school shooting. Seventeen months after filing for U.S. bankruptcy protection, Jones has abandoned efforts to negotiate a bankruptcy…
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Hunter Biden’s daughter testified on Friday in her father’s defense, stating that he seemed to respond well to drug treatment in the weeks before he bought a gun that prosecutors allege he obtained illegally by not disclosing his addiction. Hunter Biden, the son of President Joe Biden, pleaded not guilty in federal court to felony…
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Alphabet’s Google avoided a jury trial over its alleged digital advertising dominance after the company paid $2.3 million to cover the U.S. government’s claim for monetary damages, a federal judge ruled on Friday. Because judges directly hear non-monetary demands in antitrust cases, Google’s payment means it bypasses a jury trial. The company noted that this…
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Tesla argued in court papers on Friday that the legal team voiding Elon Musk’s record Tesla pay package deserves only a tiny fraction of the $5.6 billion legal fee they requested, claiming their lawsuit provided almost no benefit to the company. Tesla (TSLA.O) stated that the legal team for Richard Tornetta, the shareholder whose lawsuit…
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A law firm, which previously admitted to unknowingly submitting fake claims in a $5.6 billion settlement with Visa and MasterCard, informed a U.S. judge on Thursday that other parties also submitted fraudulent material in the case. New York-founded Milberg Coleman Bryson Phillips Grossman, responding to a request for more information from the Brooklyn judge overseeing…
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A financial industry trade association has sued the U.S. Securities and Exchange Commission (SEC) for information about the agency’s multibillion-dollar crackdown on how banks and other firms handle work-related communication on personal devices. The American Securities Association filed the lawsuit in Tampa federal court on Thursday, claiming that the SEC improperly rejected its request under…
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