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April 24, 2024 | New York Law Journal

Supreme Court Confirms 'Pure Omissions' Cannot Support Securities Fraud Liability

In a significant decision regarding the scope of the federal securities laws' anti-fraud provisions, the U.S. Supreme Court held that "pure omissions" are inactionable under Section 10(b) of the Securities Exchange Act and its enabling rule, SEC Rule 10b-5.
9 minute read
April 19, 2024 | Litigation Daily

Litigator of the Week: Landing a $525M Patent Verdict Against Amazon Web Services

Courtland Reichman and his team Reichman Jorgensen Lehman & Feldberg convinced a Chicago federal jury that AWS infringed three computer storage and data management patents held by Kove IO, a company founded by two University of Chicago Ph.D. graduates and co-inventors.
8 minute read
April 16, 2024 | Corporate Counsel

Firms Are Stuck With Abiding by New Anti-Secrecy Law, Even Though Judge Ruled It Unconstitutional

"Treasury's targets are those dubious LLCs without operations and employees that are holding shell companies hiding assets," said Snežana Gebauer, a partner at the compliance consulting firm StoneTurn.
6 minute read
April 15, 2024 | The American Lawyer

Deal Watch: Freshfields, Fenwick, Simpson, Skadden Lead Megadeals as Geopolitical Concerns Muddy M&A Bounceback

Mega M&A deals continue to power the deal market recovery in 2024 while headwinds continue to multiply.
10 minute read
April 11, 2024 | Litigation Daily

Litigators of the (Past) Week: Google Agrees to Delete User Data in 'Incognito' Browsing Privacy Settlement

Google agreed to delete billions of user records and block third parties from tracking "Incognito" mode browsing as part of a deal to resolve litigation brought by David Boies, Mark Mao and James Lee of Boies Schiller Flexner.
6 minute read
Law Journal Press | Digital Book Texas Legal Malpractice & Lawyer Discipline 2024 Authors: Charles F. Herring, JR, Jason M. Panzer, Leah Turner View this Book

View more book results for the query "Public Storage"

April 04, 2024 | Law.com

Florida Marijuana Measure / Another NY Licensing Suit / To License or Crack Down? / 9th Circuit's Take on Cannabusiness Marks

Quinn Emanuel Urquhart & Sullivan partner John Bash says one of the keys to persuading Florida Supreme Court justices to allow a cannabis legalization measure on the November ballot was "speaking on their terms."
11 minute read
March 29, 2024 | New York Law Journal

Out of the Shadows: SEC Test Case To Bring 'Shadow Trading' Into Light

The SEC is now at trial in an enforcement action against former biopharma executive Matthew Panuwat related to "shadow trading" activities. The trial will not only be the first major test of the SEC's "shadow trading" legal theory before a jury, but will also have significant ramifications for in-house counsel and compliance teams on how to train their employees on trading practices.
9 minute read
March 29, 2024 | Litigation Daily

Litigators of the Week: Kaplan Hecker Knocks Out Suit Aiming to 'Punish' Non-Profit Critical of Musk's X Corp.

"X Corp. has brought this case in order to punish CCDH for CCDH publications that criticized X Corp.—and perhaps in order to dissuade others who might wish to engage in such criticism," wrote Senior U.S. District Judge Charles Breyer.
6 minute read
March 29, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Runners-up this week include litigators from King & Spalding, Kirkland, Hogan Lovells and Weil Gotshal.
6 minute read
March 27, 2024 | The Recorder

California Bar Court Recommends Disbarment for Former Trump Attorney John Eastman

"Given the serious and extensive nature of Eastman's unethical actions, the most severe available professional sanction is warranted to protect the public and preserve the public confidence in the legal system," State Bar Court Judge Yvette Roland wrote.
5 minute read

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