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National Law Journal

FTC Warns Against Improperly Listing Drug Patents, 'Blurring' Ads Toward Children

"We at the FTC are fully committed to using all of our tools to combat corporate misconduct that is unlawfully inflating drug prices," FTC Chair Lina Khan said.
3 minute read

Daily Report Online

Trends and Takeaways From a New Boutique Class-Action Defense Firm With 4 Dismissals in 4 Months

"It's rare for a class action defense practice at even a big firm to get four 'with prejudice' motion to dismiss wins in a year, much less a new, 10-lawyer firm to get four in a little over a month," firm co-founder Ryan Watstein said.
6 minute read

The Recorder

Wingstop Restaurants Hit With Class Action Over Illegal Gift Card Policy, Allegedly Withholding Cash Value of Gift Cards

This complaint was first surfaced by Law.com Radar.
3 minute read

Daily Business Review

NFTs Could Be the Next Wave of Crypto Securities Litigation

"Calling this investment a non-fungible token or governance token does not mask the reality that the Astrals NFT collection…are unregistered securities," Lee Reiners, a professor at Duke Law School, alleged in court documents.
4 minute read

Corporate Counsel

Rule Hastening Disclosure of Cyber Breaches Likely to Ignite Litigation, Insurance Headaches

"My fear is the disclosures that the rules require companies to make in a big rush may force companies to have to 'go public' before they fully understand the situation," insurance executive Kevin LaCroix wrote in a blog post.
7 minute read

Law.com

Judge Says He's Forced to Overturn $1.1M Legal Malpractice Award to Client, Citing Lawyer's Late Notice to Insurer

"Under the circumstances, the court sees no alternative but to grant the motion for judgment notwithstanding the verdict. While that is not an obviously sensible result, it is required by the terms of the policy and by Massachusetts law," Chief Judge F. Dennis Saylor IV wrote.
6 minute read

Law.com

Massachusetts' Novel 'Fiduciary Duty Rule' for Broker-Dealers Could Lead to 'Patchwork of Regulation' in Other States

"With respect to the industry as a whole, if we end up with a patchwork of state regulation around broker-dealer standards of care, it's going to be very difficult for the broker-dealer community, particularly those that operate on a national level to understand what the requirements are where they operate," said K&L Gates partner Rich Kerr of the recent decision dismissing Robinhood Financial's challenge to Massachusetts' "fiduciary duty rule."
4 minute read

The Legal Intelligencer

Lack of Jurisdiction, Standing Doom Class Actions Over Papa Johns and GameStop Website Tracking Software

In two separate opinions, a federal judge has dismissed class actions against Papa Johns and GameStop that alleged the use of session replay code on companies' websites violated the Pennsylvania Wiretapping and Electronic Surveillance Control Act.
5 minute read

Texas Lawyer

Susman Godfrey Dismantles Federal Medical Billing Scheme

Referring to the plaintiffs' first claim, U.S. District Judge Jeremy D. Kernodle put an end to "ghost rates," a term used for calculating rates based on services providers have no intention to provide.
4 minute read

The Recorder

Apple Accused of Shorting Customers on iCloud Storage, Falsely Advertising iCloud Plus Subscription

This complaint was first surfaced by Law.com Radar.
3 minute read

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