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April 24, 2024 | New York Law Journal

Supreme Court Confirms 'Pure Omissions' Cannot Support Securities Fraud Liability

In a significant decision regarding the scope of the federal securities laws' anti-fraud provisions, the U.S. Supreme Court held that "pure omissions" are inactionable under Section 10(b) of the Securities Exchange Act and its enabling rule, SEC Rule 10b-5.
9 minute read
April 23, 2024 | Delaware Business Court Insider

Trump, Truth Social Attorneys Expect 'Solid' Chance at Shareholder Case Dismissal

Vice Chancellor Morgan Zurn said she'll hear argument April 30 on whether to continue handling the case on an expedited basis.
3 minute read
April 23, 2024 | The American Lawyer

Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive

The growth of private debt and equity funds is fueling support for their corporate practices, evident in the Am Law 100 financial results.
7 minute read
April 23, 2024 | Texas Lawyer

SpaceX Wants These Judges Off Its Case

The lawsuit was filed only after the Fifth Circuit surprised SpaceX attorneys by affirming a district court transfer of the dispute to the Central District of California.
4 minute read
April 22, 2024 | National Law Journal

Lateral Partner and Counsel Hiring in DC Was Down in First 3 Months of Year

Despite the hiring slowdown, firms such as Foley & Lardner, King & Spalding, Cooley and Morgan Lewis have added D.C. partners in recent days.
3 minute read
April 19, 2024 | Litigation Daily

Another Stellar Group of Litigator of the Week Runners-Up and Shout Outs

Runners-up this week include litigators from Kirkland, Jones Day, Morgan Lewis and Paul Weiss.
6 minute read
April 19, 2024 | Daily Report Online

This Plaintiff Won $100K but Now Owes $175K in Legal Fees

"We do expect to aggressively pursue collection of the entire attorney's fee award," said defense counsel Jay Eidex of Groth, Makarenko, Kaiser & Eidex in Duluth.
4 minute read
April 18, 2024 | Daily Report Online

2024 Southeastern Legal Awards Honorees Announced

The Daily Report and Law.com are pleased to announce its 2024 winners and finalists for the second annual Southeastern Legal Awards. Previously known…
4 minute read
April 17, 2024 | The Legal Intelligencer

Company Reps Helped Steer Defense Win for Urban Outfitters in High-Stakes Business Dispute

Morgan, Lewis & Bockius partner Michael Banks said the Urban executive team's testimony and presence in the courtroom drove the jury's April 11 defense verdict in a case where up to $200 million was on the line.
4 minute read
April 16, 2024 | National Law Journal

'Clearly Inappropriate': Why This Judge Slashed $24M Off of $26.2 Crash Verdict

"While plaintiff seeks to paint an almost demonic magnitude of intent centering around 'speed' the evidence supports only that driving over the speed limit was one of the many circumstances in place at the time of the crash," ruled Judge Gwendolyn Bright of the Philadelphia Court of Common Pleas.
3 minute read

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