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$10M John Deere Bribery Settlement Underscores Risks of Not Integrating Acquisitions
The Securities and Exchange Commission said that in the three years after Deere bought Wirtgen Thailand, the unit plied government officials with cash, massage parlor visits and lavish sightseeing trips to Europe. regulator found Illinois-based John Deere failed to integrate Wirtgen Thailand, a former German outfit into its existing compliance and controls environment after acquiring Wirtgen Group in 2017, resulting in "bribery schemes going unchecked for several years," the SEC's FCPA division enforcement chief Charles Cain said in a statement. "This action is a reminder for corporations to promptly ensure newly acquired subsidiaries have all the necessary internal accounting control processes in place."Snowflake Faces Avalanche of Federal Lawsuits Over Massive Data Breach
The cloud storage company "should have taken extra precautions here given the sensitivity of the data that it hosted" and "the massive number of breaches that have been occurring in the last decade," said James Pizzirusso, an attorney for plaintiffs in cases filed against Snowflake,.Would FTC Chair Lina Khan Stay on Under a President Harris or Trump?
With Vice President Kamala Harris and former President Donald Trump seeking the presidency, questions have arisen as to whether Khan would be compatible with either administration. It is unclear how either presidential nominee plans to address antitrust and consumer protection matters.US Senate Confirms 2 Biden Judge Picks for SDNY and Baltimore Federal Courts
Senators voted 51-43 to confirm Jeannette Vargas as a U.S. District Court judge for the Southern District of New York and 53-43 to confirm Adam B. Abelson as a U.S. District Court judge for the District of Maryland.Kramer Levin Hires Ex-Special Counsel to President Biden, Among Latest DC Firm News
Arnold & Porter, Nixon Peabody, Holland & Knight and McGuireWoods also made lateral hires.View more book results for the query "*"
Former D.C.-Based Orrick Litigator Jumps to King & Spalding's Miami Office as Partner
After moving to Miami in 2021 while head of Orrick's sports practice, Will Stute is now officially based in Miami after joining King & Spalding's products liability and mass torts practice.Courts Need Experts' Help in Analyzing Online Arbitration Clause Designs, Judge Says
"Rather than debating among ourselves our impressions about font size and color, the placement of hyperlinks, and the choice between click-wrap and browse-wrap agreements, we should start treating these issues about user-interface design as questions of fact," wrote Judge David Hamilton of the U.S. Court of Appeals for the Seventh Circuit.Athena Bitcoin, Genesis Coin Face Potential Class Action Over 'Epidemic' Elder Fraud
"We're taking a new legal problem and we're trying to find solutions for our client," said Marc E. Dann, an ex-state attorney general.Drone Operator Tells Supreme Court His Aerial Mapping Business Is Protected Speech
The U.S. Court of Appeals for the Fourth Circuit saw things differently and upheld North Carolina's licensing regime as a regulation of conduct, not speech.White Stripes File Copyright Suit Against Trump for Campaign's Use of Music
The suit from Jack White and Meg White contends the Trump campaign misappropriated the signature riff from their song "Seven Nation Army" in a video posted to social media.Trending Stories
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