https://www.law360.com/corporate?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Corporate Copyright 2026 Portfolio Media, Inc. en-US Tue, 26 May 2026 23:24:05 +0000 https://www.law360.com/corporate/articles/2481388?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481388 A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders. Tue, 26 May 2026 21:29:55 +0000 https://www.law360.com/corporate/articles/2481859?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481859 Charles Schwab and its investors have urged the Fifth Circuit to affirm a final deal they reached in Texas federal court to conclude an antitrust suit over its merger with TD Ameritrade, arguing among other things that Iowa's attorney general lacks standing to appeal the class settlement. Tue, 26 May 2026 20:59:25 +0000 https://www.law360.com/corporate/articles/2481936?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481936 The Mohegan Tribe of Indians of Connecticut and the Mashantucket Pequot Tribal Nation on Tuesday moved to intervene in the Commodity Futures Trading Commission's suit over Connecticut regulators' attempts to shut down certain prediction markets. Tue, 26 May 2026 19:52:46 +0000 https://www.law360.com/corporate/articles/2481755?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481755 CoStar Group is asking a Virginia federal court to pause an antitrust suit alleging it stifles competition and prevents cross-listings while it seeks to move a similar case, filed by Malm Inc., from California. Tue, 26 May 2026 18:47:35 +0000 https://www.law360.com/corporate/articles/2482048?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2482048 U.S. Securities and Exchange Commission Chairman Paul Atkins said Tuesday evening that the agency is in the process of writing rules aimed at encouraging more companies to go public, including by potentially relaxing prohibitions on communication between prospective public companies and investors. Tue, 26 May 2026 18:47:29 +0000 https://www.law360.com/corporate/articles/2482017?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2482017 The Delaware Chancery Court this past week handled a broad mix of cross-border corporate control disputes, merger settlements, startup equity fights, advancement claims and board oversight litigation, while also weighing fallout from high-profile deals involving Microsoft Corp., The Boeing Co. and Nikola Corp. Tue, 26 May 2026 18:46:14 +0000 https://www.law360.com/corporate/articles/2478907?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2478907 A Florida state judge quashed a subpoena to U.S. Commerce Secretary Howard Lutnick in a dispute over taking President Donald Trump's Truth Social platform public, finding Tuesday that Lutnick was not properly served the subpoena at his part-time Florida residence. Tue, 26 May 2026 18:15:30 +0000 https://www.law360.com/corporate/articles/2481678?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481678 An Illinois federal judge has reduced a $59 million jury verdict won by garbage truck maker Sonrai Systems to $10.4 million in a case over a rival company poaching a Sonrai executive, finding that while the evidence showed the rival's behavior was reprehensible, it didn't merit the amount the jury awarded. Tue, 26 May 2026 18:14:25 +0000 https://www.law360.com/corporate/articles/2482005?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2482005 The owner of a Pennsylvania mushroom farm will get a new sentence for failing to forward her workers' tax withholdings, after the Third Circuit ruled Tuesday that her sentencing guidelines should not have included an additional $1.8 million in taxes that her company failed to pay. Tue, 26 May 2026 18:02:41 +0000 https://www.law360.com/corporate/articles/2481937?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481937 Apple Inc. and OpenAI Inc. told a Texas federal court that X Corp. wrongly stymied their ability to take depositions from X employees amid the social media company's sweeping antitrust suit, saying that X has refused to schedule the required number of depositions. Tue, 26 May 2026 17:39:10 +0000 https://www.law360.com/corporate/articles/2480891?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2480891 The same artificial intelligence-driven workforce narratives that once appeared in earnings calls and Form 8-Ks can easily become raw material for future operational AI washing claims, so companies must be careful when drafting public disclosures because winning a federal motion to dismiss starts months before a lawsuit is ever filed, say attorneys at Akerman. Tue, 26 May 2026 17:36:03 +0000 https://www.law360.com/corporate/articles/2481907?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481907 Engine manufacturer Cummins Inc. and its investors have received final approval of a $1.6 million deal ending claims the company hurt investors by hiding emissions control devices in certain engines, causing it to owe $2 billion in payments to regulators to settle Clean Air Act claims. Tue, 26 May 2026 17:09:30 +0000 https://www.law360.com/corporate/articles/2481686?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481686 Former telecommunications giant Sprint urged the Delaware Chancery Court on Tuesday to throw out internet company Cogent Infrastructure LLC's fraud and contract claims over a disputed fiber-optic network agreement, arguing that the companies already agreed to let an accounting expert make a final and binding decision on the fight over the $24 million purchase price at the center of the case. Tue, 26 May 2026 16:44:20 +0000 https://www.law360.com/corporate/articles/2481693?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481693 The Federal Communications Commission has asked for public input on an effort from AT&T to be freed of its eligible telecommunications carrier requirements in California, days after the telecom giant sued in federal court for similar relief. Tue, 26 May 2026 16:37:38 +0000 https://www.law360.com/corporate/articles/2481796?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481796 Tekion Corp. is defending its antitrust claims accusing CDK Global LLC of monopolization, telling a California federal court that the auto dealership management software giant is withholding data that shows its dominant share of the market. Tue, 26 May 2026 16:35:38 +0000 https://www.law360.com/corporate/articles/2481912?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481912 Holland & Knight LLP has brought on a duo of Nelson Mullins Riley & Scarborough LLP attorneys, including the chair of the firm's gaming industry group, in Boston and Atlanta as leaders of Holland & Knight's national gaming practice, the firm announced Monday. Tue, 26 May 2026 16:24:46 +0000 https://www.law360.com/corporate/articles/2481424?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481424 The Fifth Circuit won't rehear appeals from the families of the victims of two fatal Boeing 737 crashes seeking to reverse the U.S. Department of Justice's dismissal of its criminal fraud case against the company, saying it has no jurisdiction to review the dismissal. Tue, 26 May 2026 16:20:18 +0000 https://www.law360.com/corporate/articles/2481621?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481621 A New Jersey federal judge affirmed the Beasley Allen Law Firm's disqualification from multidistrict litigation over Johnson & Johnson's talcum powder on Tuesday, determining that the firm has failed to provide a valid reason to back its attempt at a stay and temporary reinstatement into the matter. Tue, 26 May 2026 15:37:30 +0000 https://www.law360.com/corporate/articles/2481700?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481700 Lowenstein Sandler LLP has added a former Steptoe LLP attorney to its mergers and acquisitions and capital markets and securities practices, the firm announced Tuesday. Tue, 26 May 2026 15:34:29 +0000 https://www.law360.com/corporate/articles/2481824?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/corporate/articles/2481824 The Pennsylvania Supreme Court has ruled that employees of a former shipbuilding company are too late to bring their asbestos-related lawsuits, so they can't pierce the corporate veil and seek damages against its parent company.