December 03, 2024 | New York Law Journal
CFPB Aims to Regulate Data Brokers Selling Personal InfoIf finalized, the proposed rule would have the federal agency treating data broker sales of a person’s credit history, credit score, debt payments, or income as credit report sales subject to the Fair Credit Reporting Act.
By Alyssa Aquino
3 minute read
December 02, 2024 | New York Law Journal
JPMorgan, Tesla Call Off $162M Stock Warrant CaseThe companies informed the Manhattan federal court on Friday that they were dropping the case with prejudice.
By Alyssa Aquino
2 minute read
November 27, 2024 | New York Law Journal
GE Agrees to $362.5M Deal to End Shareholder Claims Over Power, Insurance RisksThe deal between General Electric and investors represented by Kessler Topaz Meltzer & Check had been reached in the lead-up to a trial that would have seen the company and investors squaring off on when executives became aware of what shareholders called “an undisclosed ticking time bomb."
By Alyssa Aquino
2 minute read
November 26, 2024 | New York Law Journal
Warner Bros. Accused of Misleading Investors on NBA TalksRichard Collura alleges that Warner Bros. only came clean about the riskiness of its contract renegotiation efforts in August, after it logged a $9.1 billion noncash goodwill impairment charge from, among others, “uncertainty related to affiliate and sports rights renewals, including the NBA.”
By Alyssa Aquino
3 minute read
November 26, 2024 | New York Law Journal
Former Wamco Exec Charged With $600M 'Cherry-Picking' FraudKen Leech faces charges of investment adviser fraud, securities fraud, commodity trading adviser fraud and commodities fraud, as well as a charge of making false statements, which collectively expose him to a potential 65-year prison sentence.
By Alyssa Aquino
3 minute read
November 25, 2024 | New York Law Journal
'America's Next Top Model' Contestant Says Ye Assaulted HerThe lawsuit further targets Ye’s label, Universal Music Group, alleging the company fostered a culture "rampant" with sexual harassment.
By Alyssa Aquino
3 minute read
November 25, 2024 | New York Law Journal
Bankruptcy Judge to Step Down in 2025Judge James L. Garrity Jr. will remain active on the court to wind down his current caseload until he steps down on Sept. 30, 2025, the Manhattan bankruptcy court announced.
By Alyssa Aquino
2 minute read
November 22, 2024 | New York Law Journal
NY Judge Indefinitely Delays Sentencing in Trump Hush Money CaseJudge Juan Merchan of the Supreme Court of the State of New York also allowed Trump's defense team to move to dismiss the case.
By Alyssa Aquino and Emily Saul
3 minute read
November 21, 2024 | New York Law Journal
Lululemon Faces Legal Fire Over Its DEI Program After Bias Complaints SurfaceThe program "was not structured so as to meaningfully combat discrimination within Lululemon... as a result, Lululemon employees continued to experience discriminatory treatment," according to two shareholder complaints.
By Alyssa Aquino
3 minute read
November 19, 2024 | New York Law Journal
AI Startup Founder Defrauded Investors of Millions, US Prosecutors SayNew York prosecutors claim that Joanna Smith-Griffin fraudulently obtained $10 million in funding until her company's collapse in June.
By Alyssa Aquino
3 minute read
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