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September 05, 2024 | The Recorder

Bedsworth: The Importance of Spotting Red Flags

"A good portion of our lives is spent learning to identify red flags. And the better we are at it, the better chance we have of surviving to see the next one. Simple as that. But we seem to be losing our respect for red flags," says Justice William W. Bedsworth.
7 minute read
September 05, 2024 | The Recorder

Google Slapped With Digital Privacy Class Action Over Use of Customer Service AI Product

Bursor & Fisher and the Simon Law Firm filed the complaint on Thursday in the U.S. District Court for the Northern District of California. According to the claim, Google's use of the AI product, developed in 2022 to automate and fine-tune businesses' customer service interactions, violated Section 631 of the California Invasion of Privacy Act, which prohibits wiretapping. The plaintiff and class members could be awarded $5,000 per violation under CIPA.
3 minute read
September 05, 2024 | Corporate Counsel

California DOJ Fines Robinhood $3.9M in First-Ever Crypto Enforcement Action

The company, which also is facing a U.S. Securities and Exchange Commission inquiry, finds itself in regulators' crosshairs despite legal chief Dan Gallagher's pledge to improve the company's compliance culture and work collaboratively with regulators.
3 minute read
September 04, 2024 | New York Law Journal

Anti-Zionism Getting the Poor Treatment It Deserves in Campus Anti-Semitism Cases

Courts are beginning to render decisions in the wave of cases filed following universities' widespread failure to protect Jewish students from discrimination after the October 7, 2023, terrorist attacks in Israel, and the early verdict is encouraging.
14 minute read
September 04, 2024 | The Recorder

'Very Arrogant': Lenders and Lawyers Say Tom Girardi Bragged, Bullied Them

"What was found in that courtroom, and what a jury found, is what I felt five years ago when I first encountered Tom Girardi," attorney Leslie D. Corwin of Duane Morris told Law.com.
8 minute read
September 04, 2024 | The Recorder

Appeals Court Upholds Ruling That an Online Archive's Book Sharing Violated Copyright Law

In a statement Wednesday, the president and CEO of the Association of American Publishers, Maria Pallante, called the decision a victory for the publishing community.
3 minute read
September 04, 2024 | The American Lawyer

King & Spalding Broadens Finance Practice With London Funds Hires From Cadwalader

"It's not something we were doing before. It was a whole piece of the market that we really weren't doing until this group joined us," said Carolyn Alford, co-leader of the firm's finance and restructuring practice group.
7 minute read
September 04, 2024 | The Recorder

Investor Claims Virgin Galactic Put Billionaire Space Race Over Safety, Netting Branson $1B

The lawsuit alleges that Branson made over $1.1 billion by selling shares of California-based Virgin Galactic at a price artificially inflated by safety issues not being publicly known.
3 minute read
September 04, 2024 | Corporate Counsel

Ex-Top Disney Lawyer Joins Directors UK as It Opens Royalty Talks With US Media Giants

Peter Wiley was Disney's chief international counsel when he stepped down in October after 27 years with the company.
3 minute read
September 04, 2024 | The Recorder

Kroger CEO Tells Court Merger With Albertsons Would Lower Prices

The testimony of Albertsons CEO Vivek Sankaran and Kroger CEO Rodney McMullen was expected to mark a key moment in the hearing, as what they say under oath about prices, potential store closures and the impact on workers will likely be scrutinized in the years ahead if the merger goes through.
4 minute read