By Jimmy Hoover | June 10, 2024
The question before the justices is whether public companies must disclose on Form 10-K to the U.S. Securities and Exchange Commission any risk that has occurred even if that event "presents no known risk of ongoing or future business harm."
By Greg Andrews | June 10, 2024
Michele Lau, who'd earlier spent 13 years with McKesson, returned to the company on Jan. 1 as executive vice president and chief legal officer.
By Chris O'Malley | June 7, 2024
The complaint filed in a Washington federal court on behalf of seven passengers is the latest of several pending lawsuits against Boeing, which manufactured the 737 Max 9 aircraft.
By Maria Dinzeo | June 7, 2024
A newly unredacted copy of a complaint against Musk claims his attorney Alex Spiro threatened Twitter's board on Musk's behalf "stating that Musk would pursue the directors until the end of time and would put into his will that his heirs should do the same if the board did not agree to reduce the deal price" for Twitter.
By Charles Toutant | June 7, 2024
"There is a presumption that compliance with a regulation later held to be invalid results in irreparable harm to those subject to the regulation," the Society for Human Resource Management said in a court filing.
By Trudy Knockless | June 7, 2024
"I had to think through what exactly value and success mean to this general counsel? How does he want us to report it? What are the things that matter to him specifically?" says Jessica Vander Ploeg, vice president of legal operations at Belron.
By Chris O'Malley | June 6, 2024
"Defendants wanted to devalue ACT to the point they could obtain control of all or substantially all of ACT's shares at a fraction of their true value," Advanced Combustion Technologies' complaint alleges.
By Isha Marathe | June 6, 2024
While the Colorado AI Act might be the first of its kind, attorneys note that companies won't have to start from scratch when it comes to getting their compliance in order.
By Sulaiman Abdur-Rahman | June 6, 2024
"They want to maintain their reputations for being very aggressive," law professor Thom Lambert said of the Federal Trade Commission and Department of Justice agreeing to target top AI firms on antitrust grounds. "My guess is this seals the deal: These companies are going to get sued."
By Maydeen Merino | June 6, 2024
"Overall, the public interest is best served by Novant being permitted to own and operate LNR and Davis, pending the conclusion of the FTC administrative process," wrote U.S. District Judge Kenneth Bell of the Western District of North Carolina.
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