极速赛车

Sports betting giant DraftKings Inc. and purchasers of certain nonfungible tokens it offered have gotten a judge's final sign-off for their $10 million deal ending claims the tokens ran afoul of securities laws.
极速赛车
Class Action
SATURDAY, AUGUST 2, 2025

TOP NEWS

DraftKings' $10M Deal With NFT Buyers Gets Final Green Light

By Emilie Ruscoe

Sports betting giant DraftKings Inc. and purchasers of certain nonfungible tokens it offered have gotten a judge's final sign-off for their $10 million deal ending claims the tokens ran afoul of securities laws.

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Crypto Co., NBA Arm Strike $7M Deal Over NFT Privacy Claims

By Katryna Perera

Users of the nonfungible token marketplace known as NBA Top Shot asked a California federal judge Thursday to grant the first green light to a $7.05 million settlement they reached with the marketing arm of the NBA and a cryptocurrency company that will resolve a class action over privacy concerns related to the marketplace.

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Compass Minerals Investors Get Final OK For $48M Deal

By Sydney Price

A Kansas federal judge on Thursday granted final approval to a $48 million settlement between salt producer Compass Minerals International and investors who claim they were harmed by the company's failure to maintain sufficient production levels at its Canadian mine.

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Flo Settles Privacy Fight Midtrial, Leaving Meta To Face Jury

By Dorothy Atkins

Flo Health Inc. told a California federal judge Thursday it had reached an agreement to settle claims that its popular menstrual-tracking app illegally shared sensitive health data of millions of women with Meta Platforms Inc. and Google, partially resolving a sweeping privacy case midtrial, and leaving Meta as the sole remaining defendant.

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REAL ESTATE

Home Sellers Defend $110M In Broker Fee Deals To 8th Circ.

By Matthew Perlman

Home sellers are defending $110 million in settlements cut with several real estate brokerages in the sprawling litigation targeting the National Association of Realtors' broker commission rules from objections in a series of Eighth Circuit appeals.

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EMPLOYMENT & BENEFITS

Siemens Dodges Suit Challenging Use Of 401(k) Forfeitures

By Grace Elletson

A New Jersey federal judge tossed a proposed class action Thursday that accused Siemens Corp. of violating federal benefits law by using forfeited money in its retirement plan to cover its contributions instead of plan expenses, finding the company acted in line with the plan's terms.

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SECURITIES

Zoom Investor Gets Final OK For Derivative Suit Settlement

By Katryna Perera

A Delaware federal judge granted final approval on Thursday to a settlement reached in a shareholder derivative suit accusing the top brass of Zoom of pulling in $172.9 million via insider sales after its 2019 initial public offering and before shares fell during the early days of the COVID-19 pandemic.

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Biotech Co. Beats Investor Suit Over Antifungal Drug Recall

By Sydney Price

Biotechnology company Scynexis Inc. has won dismissal, for now, of a proposed investor class action alleging that it triggered a 34% share decline by knowingly misleading investors about manufacturing compliance issues that led to a drug recall, with the court finding the allegations the company should have known and disclosed issues only show "fraud by hindsight."

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Walnut Co. Says Firm Misled Court To Lead Super Micro Case

By Gina Kim

A Hagens Berman client who lost the fight against Universal Investment to lead investor claims against Super Micro Computer has blasted the fund's opposition to its bid for a California federal judge to reconsider the denial, arguing Universal's attorneys from Bernstein Litowitz Berger & Grossmann LLP have a "documented history" of "misleading courts."

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4th Circ. Says Brokers Owe Atty Fees Over Case Removal Row

By Katryna Perera

A unanimous Fourth Circuit panel has affirmed a South Carolina federal judge's order requiring several financial firms to pay more than $63,000 in legal fees for improperly trying to remove a securities class action to federal court for a second time, but said they don't have to pay additional fees to cover the cost of the appeal.

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COMPETITION

Tyson Says Interference Claim 'Lays Bare' Burford's Greed

By Lauraann Wood

Tyson Foods urged an Illinois federal judge on Thursday to reject Burford Capital's bid to ditch allegations that the litigation funder improperly thwarted a near-final price-fixing settlement with Sysco Corp., arguing the counterclaim "lays bare" Burford's systematic effort to obtain a greater investment return.

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PRODUCT LIABILITY

Mercedes-Benz Can't Escape All Of Wood Veneer Crack Suit

By Mike Curley

A Georgia federal judge won't dismiss the bulk of a proposed class action alleging that Mercedes-Benz Group AG sold vehicles with defective wooden trim veneer that cracked after extended use, leaving 11 of the 18 counts in the amended complaint alive.

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Segway Slapped With Class Suit Over E-Scooter Fall Hazard

By Rachel Riley

Segway Inc. was hit with a proposed class action in Washington federal court on Thursday by a consumer who claims the company sold more than 200,000 electric scooters with a dangerous defect that puts riders at risk of falling and failed to adequately address the issue during a recall.

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CYBERSECURITY & PRIVACY

Fintech, BofA, JPMorgan Face Class Suit Over Cyberattack

By Emilie Ruscoe

Financial software company Finastra Technology Inc., Bank of America and JPMorgan Chase Bank NA face a proposed class action alleging they failed to properly safeguard customers' personal information that was exposed by a data breach.

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CONSUMER PROTECTION

Split 3rd Circ. Expels Rutgers MBA Fraud Suit Over Standing

By Jack McLoone

The plaintiff leading a proposed class action against Rutgers University for allegedly cooking its MBA rankings by fudging job placement statistics doesn't have standing because he was in a different part-time certificate program, a split Third Circuit has ruled, affirming a New Jersey federal court's decision.

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IP & TECHNOLOGY

Microsoft Fights Demand For AI Deal Data In Databricks Suit

By Dorothy Atkins

Third-party Microsoft Corp. urged a California magistrate judge Thursday to block a subpoena by a group of writers accusing San Francisco-based Databricks of using their copyrighted works to train its artificial intelligence tool MosaicML, arguing that Microsoft has already exceeded third-party obligations by providing certain data agreements and that the request is overbroad.

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INSURANCE

Insurer Avoids Businesses' COVID-19 Coverage Claims

By Ganesh Setty

A property insurer for numerous restaurants, bars and other small businesses owes no coverage for their consolidated business interruption claims related to the COVID-19 pandemic, an Illinois federal court ruled, looking to the laws of Illinois, Michigan, Wisconsin, Indiana, Iowa, Minnesota and Tennessee.

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EXPERT ANALYSIS

What To Know About NCAA Deal's Arbitration Provisions

Kathryn Hester at Jones Walker discusses the key dispute resolution provisions of the NCAA's recently approved class action settlement that allows for complex revenue sharing with college athletes, breaking down the arbitration stipulations and explaining how the Northern District of California will handle certain enforcement, administration, implementation and interpretation disputes.

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Series

Playing Soccer Makes Me A Better Lawyer

Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.

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LEGAL INDUSTRY

Legal Job Sector Continued 5-Month Growth Streak In July

By Tracey Read

For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, according to preliminary data released on Friday by the U.S. Bureau of Labor Statistics.

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Brief

Test-Taker's Collapse At NY Bar Exam Sparks Criticism

By Anna Sanders

New York bar-takers were allegedly forced to continue the test after witnessing a Fordham University School of Law graduate suffer a medical incident and receive CPR while she took the exam, according to the school and accounts posted online by people who said they were present.

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DC Panel Calls For Former DOJ Official Clark's Disbarment

By Phillip Bantz

The majority of a Washington, D.C., lawyer ethics panel has called for the disbarment of Jeffrey Clark, a White House official and ally of President Donald Trump, over his efforts to overturn the 2020 presidential election.

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NJ Court Will Mull Legality Of Habba's US Atty Appointment

By Lauren Berg

If Alina Habba was illegally appointed acting U.S. attorney in New Jersey, a pair of defendants in a drug trafficking case are not entitled to dismissal of the indictment, but it "appears appropriate" that Habba would be barred from prosecuting them, a federal judge ruled Friday.

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Politics And Privacy Laws Collide 5 Years After Salas Shooting

By Jack Karp

Five years after a disgruntled litigant killed a New Jersey federal judge's son at their home, experts and judges disagree over whether the judicial privacy laws enacted following the shooting are doing much to protect jurists, while political leaders' heated rhetoric makes for an even more dangerous landscape for judges.

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Analysis

Wheeling & Appealing: Midyear Highlights For Every Circuit

By Jeff Overley

In this special edition of Wheeling & Appealing, we're spotlighting key decisions and developments in every circuit court during the first half of 2025, while also previewing August's most intriguing oral arguments, including a remarkably "fierce" showdown between Edible Arrangements and 1-800-Flowers with millions of dollars in attorney fees on the line.

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1st Circ. Doubtful Of Trump's Stance On Birthright Citizenship

By Chris Villani

The First Circuit on Friday seemed inclined to say that the children of unauthorized immigrants are citizens if they were born on U.S. soil, citing both the 14th Amendment and a subsequent U.S. Supreme Court ruling and pushing back on an argument by President Donald Trump's administration.

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Brief

Ex-Copyright Chief Appeals Denial Of Reinstatement Bid

By Elliot Weld

The former head of the U.S. Copyright Office will appeal a D.C. federal judge's denial of her request to be immediately reinstated to her former position after she was fired by President Donald Trump while her suit remains pending.

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NY Law Mandating Judicial Fine Declared Unconstitutional

By Madison Arnold

A New York state appeals court has declared unconstitutional a statute that mandates a judge forfeit $1,000 to a plaintiff if the judge refuses to issue a writ of habeas corpus.

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Monthly Merger Review Snapshot

By Matthew Perlman

The U.S. Department of Justice abandoned its challenge of a corporate travel management deal, while lawmakers are calling for scrutiny of the agency's recent decision to settle a different case, and the Federal Trade Commission agreed to nix the requirements placed on a pair of oil and gas deals.

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The Top In-House Hires Of July

By Michele Gorman

Legal department hires over the past month included high-profile appointments at Warner Bros. Discovery, Deutsche Bank and Kroger. Here, 极速赛车 Pulse looks at some of the top in-house announcements from July.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen several telco giants hit with a trademark claim, a collapsed hotel company sue a property investor in an ongoing dispute over a decades-old hotel sale, and two litigation funders square off against each other.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Department store retailer Dillard's has asked for a special shareholder's vote on Aug. 19 on management's plan to move its incorporation from Delaware to Texas, becoming the latest company to join the so-called DExit trend.

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极速赛车's Legal Lions Of The Week

By Kevin Penton

Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of 极速赛车 Legal Lions, after a Ninth Circuit panel affirmed Epic Games Inc.'s 2023 antitrust jury trial win, along with an injunction requiring Google to open its Google Play Store to rivals.

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In Case You Missed It: Hottest Firms And Stories On 极速赛车

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on 极速赛车 last week.

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Promo that reads 2025 Rising Stars Promo that reads Meet 极速赛车鈥檚 Newest Section: Criminal Practice with a photo of a bronze Lady Justice statue in the foreground and gavel in the background

LAW FIRMS IN TODAY'S NEWS

Adamski Moroski

Advisors LLC

Arnold & Porter

Ashurst LLP

Axinn Veltrop

Baker & Hostetler

Berman Tabacco

Bernstein Litowitz

Bielli & Klauder

Bienert Katzman

Boies Schiller

Boulware Law

Bowman & Brooke

Bressler Amery

Brown Law Firm

Burns Bair

Bursor & Fisher

Bush Gottlieb

CMS Cameron McKenna Nabarro Olswang

Carella Byrne

Cleary Gottlieb

Clifford Law Offices

Cohen Milstein

Consovoy McCarthy

Cooch & Taylor

Cooley LLP

Cotchett Pitre

Covington & Burling

Cravath Swaine

Crowell & Moring

DLA Piper

DWF LLP

David Boies

Dechert LLP

Dentons

DiCello Levitt

Dinsmore & Shohl

Faegre Drinker

Farnan LLP

Fenwick & West

Flood & Flood

Frederick Law Group PLLC

Freeman Mathis

Freeths LLP

Freshfields

Gainey McKenna

Gibson Dunn

Green LLP

Greenberg Traurig

Hagens Berman

Hannafan & Hannafan

Harrison LLP

Heninger Garrison

Hogan Lovells

Holwell Shuster

Horwich Farrelly

Howes Percival

Husch Blackwell

Jones Day

Jones Walker

K&L Gates

Kaplan Fox

Kellogg Hansen

Ketchmark & McCreight

Keystone Law

Kilpatrick Townsend

Kirby McInerney

Kirkland & Ellis

Knie & Shealy

Knights Solicitors

Korein Tillery

Labaton Keller

Lanier Law Firm

Latham & Watkins

Law Offices of Ronald A. Marron

Law Offices of Todd M. Friedman

Lipe Lyons

Lowey Dannenberg

MFG Solicitors

Mayer Brown

McDermott Will & Emery

McGuireWoods

McShane & Brady

Milberg Coleman

Mills & Reeve

Mishcon de Reya

Montgomery Willard

Morgan Lewis

Morris Nichols

Morrison & Foerster

Motley Rice

Munger Tolles

Nabarro LLP

Nelson Mullins

Orrick Herrington

Paul Hastings

Pierce Atwood

Pinsent Masons

Quinn Emanuel

Robbins Alloy

Robbins Geller

Robbins LLP

Rudy Exelrod

Saiber LLC

Schall Law

Seyfarth Shaw

Shapiro Arato

Sidley Austin

Siri & Glimstad

Skadden Arps

Slade Law

Spector Roseman

Stevens & Bolton

Stranch Jennings

Stueve Siegel

Sullivan & Cromwell

Susman Godfrey

Tarter Krinsky

Taylor Rose

Timoney Knox

Trethowans LLP

Tucker Ellis

Tycko & Zavareei

Wachtell Lipton

Ward Hadaway

Webb Law Group APC

Williams Dirks

Williams Mullen

Willkie Farr

WilmerHale

Winston & Strawn

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

1-800-Flowers.com Inc.

7-Eleven Inc.

AT&T Inc.

AXA XL Ltd.

Abbott Laboratories

Air Products & Chemicals Inc.

Airbnb Inc.

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

American Express Global Business Travel

Amneal Pharmaceuticals Inc.

Ancestry

Aramark

BASF SE

BCE Inc.

BDO LLP

BJC HealthCare

Balfour Beatty PLC

Bank of America Corp.

Beyond Meat Inc.

Boy Scouts of America

Burford Capital LLC

CVS Health Corp.

Centaurus Financial Inc.

Charter Communications Inc.

Chegg Inc.

Chevron Corp.

Cincinnati Financial Corp.

Cisneros

Compass Inc.

Compass Minerals International, Inc.

Costco Wholesale Corp.

Cox Communications Inc.

Databricks Inc.

Davies Group Ltd.

Deloitte Touche Tohmatsu Ltd.

Delta Corp. Ltd.

Democracy Forward Foundation

Deutsche Bank AG

Dick's Sporting Goods Inc.

Dollar Tree Inc.

Douglas Elliman Realty LLC

Downtown Music Holdings LLC

DraftKings Inc.

EE Ltd.

EQT Corp.

Edgeworth Economics LLC

Edible Arrangements LLC

Eli Lilly & Co.

Enerpac Tool Group Corp.

Epic Games Inc.

Exxon Mobil Corp.

Federal Bar Association

Federalist Society

Finastra

Foot Locker Inc.

Fordham University

GE HealthCare Technologies Inc.

Global Payments Inc.

Goal Group Ltd.

Google LLC

Greencore Group PLC

HSBC Holdings PLC

Harvard University

Hess Corp.

Hewlett Packard Enterprise Co.

Honeywell International Inc.

Intelsat SA

JELD-WEN Inc.

JPMorgan Chase & Co.

Johnson & Johnson

Juniper Networks Inc.

KKR & Co. Inc.

Lawyers for Civil Rights

Lex Machina Inc.

Liberty Mutual Insurance Group

Live Nation Entertainment Inc.

Louis Dreyfus Holding B.V.

MS Amlin PLC

Macrae Inc.

Mediterranean Shipping Co. SA

Mednax Inc.

Mercedes-Benz USA LLC

Meta Platforms Inc.

Metronet

Microsoft Corp.

Mosaic

Munchkin Inc.

National Association of Realtors

National Basketball Association Inc.

National Collegiate Athletic Association

New York Legal Assistance Group Inc.

New York Racing Association Inc.

New York State Bar Association

Norfolk Southern Corp.

Northern Trust Corp.

Nova Biomedical Corp.

Novo Nordisk A S

Orient Overseas Container Line Ltd.

Ozone Networks Inc.

PGA TOUR Inc.

Palantir Technologies Inc.

Paramount Global

Philadelphia Consolidated Holding Corp.

Pioneer Natural Resources Co.

Pivot Bio Inc.

ProAssurance Corporation

Quantum Energy Partners

Real Estate Board of New York

Reddit Inc.

Repligen Corporation

Restoration Hardware Holdings Inc.

SES SA

Sage Therapeutics Inc.

Sanofi

Satyam Computer Services Ltd.

Segway Inc.

Skydance Media LLC

Solventum

Southwest Airlines Co.

Spectrum Management Holding Co.

Steves & Sons Inc.

Sunoco LP

Super Micro Computer Inc.

Supernus Pharmaceuticals Inc.

Symantec Corp.

Sysco Corp.

Sysmex Corp.

Take-Two Interactive Software Inc.

Tesla Inc.

Teva Pharmaceutical Industries Ltd.

The Bank of New York Mellon Corp.

The Charles Schwab Corp.

The District of Columbia Bar

The Doctors Co.

The Kraft Heinz Co.

The Kroger Co.

Therium Capital Management Ltd.

Thermo Fisher Scientific Inc.

Toys R Us Inc.

Tricon Energy Inc.

Tyson Foods Inc.

U.S. News & World Report LP

Union Pacific Corp.

Universal Music Group NV

Verizon Communications Inc.

Verve Therapeutics Inc.

Virgin Media Inc.

Vivendi SA

Volkswagen AG

Vuori Inc.

Walmart Inc.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

West Bend Mutual Insurance Co.

Workday Inc.

Worldpay LLC

Yang Ming Marine Transport Corp.

Zoom Video Communications Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Alcohol Tobacco Firearms and Explosives

Bureau of Labor Statistics

Companies House

Competition and Markets Authority

European Commission

Federal Communications Commission

Federal Trade Commission

Food and Drug Administration

Judicial Conference of the United States

Library of Congress

Mississippi Attorney General's Office

National Labor Relations Board

New Jersey Attorney General's Office

New York City Department of Education

New York Supreme Court, New York County

Office of the Comptroller of the Currency

U.S. Attorney's Office for the District of New Jersey

U.S. Consumer Product Safety Commission

U.S. Copyright Office

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the First Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of New Jersey

U.S. District Court for the Middle District of Florida

U.S. District Court for the Middle District of Pennsylvania

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Western District of Washington

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

US Office of Management and Budget

United States District Court for the District of Kansas

Wisconsin Supreme Court