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May 01, 2024 | The American Lawyer

A&O Shearman Goes Live, With New Firm Naming Board and Practice Leaders

The combined firm said the broad strokes on leadership, practice structure and compensation have been ironed out.
8 minute read
April 30, 2024 | New York Law Journal

'Bruce Was Not a Tipper': Trump SPAC Merger Bid at Center of Insider-Trading Trial

The defendant is accused of helping two Florida brothers to reap $22 million when news of an upcoming deal became public.
3 minute read
April 30, 2024 | National Law Journal

'Perplexing': 6th Circuit Judge Criticizes High Bar for Securities Lawsuits

"Hopefully, a future panel of this Court, or the Supreme Court, can clarify the law along the lines described here, so that the majority's untenable views are not sustained," Judge Eric Clay wrote.
3 minute read
April 17, 2024 | Delaware Business Court Insider

JPMorgan Wins Dismissal in Chancery Case Over Zelle Compliance

Chancellor Kathaleen St.J. McCormick concluded that shareholder plaintiffs failed to adequately plead that JPMorgan's directors knew of and ignored concerns about the bank's compliance with reimbursement laws.
3 minute read
April 17, 2024 | The Recorder

Ninth Circuit Affirms Dismissal of Securities Claims Against Gaming Platform

The three-judge panel ruled that the shareholders hadn't provided adequate facts to support their claims that Skillz, represented by Latham & Watkins, misled them.
2 minute read
Law Journal Press | Digital Book Anatomy of a Merger: Strategies and Techniques for Negotiating Corporate Acquisitions Authors: James C. Freund View this Book

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April 17, 2024 | National Law Journal

Ninth Circuit Affirms Dismissal of Securities Claims Against Gaming Platform

The three-judge panel ruled that the shareholders hadn't provided adequate facts to support their claims that Skillz, represented by Latham & Watkins, misled them.
2 minute read
April 16, 2024 | National Law Journal

7th Circuit Lets Shareholder Intervene in Mootness Fees Spat

"It seems to us that, as an investor in Akorn whose shares' value was affected by the merger and the mootness fees, Frank has a claim in common with the main action; how could it be otherwise?" Judge Frank Easterbrook wrote for the court.
5 minute read
April 12, 2024 | National Law Journal

Shareholder Suit Alleges Meta, Zuckerberg Kept Status Quo Despite Increase in Online Child Sexual Predators

Due to growing concerns of infiltration by sexual predators, Meta shareholders included a proxy proposal that would require the company to implement more protections for minors on its social media platforms.
3 minute read
April 09, 2024 | Delaware Business Court Insider

Walmart Secures Dismissal of Drug Investigation Disclosure Claim

U.S. District Chief Judge Colm F. Connolly's decision is a win for the Latham & Watkins and Richards, Layton & Finger team that represented Walmart, CEO Doug McMillon and former CFO Brett Biggs.
2 minute read
April 05, 2024 | New York Law Journal

Manhattan Jury Finds Terraform, Do Kwon Liable in Crypto Civil Fraud Trial

U.S. District Judge Jed Rakoff of the Southern District of New York said he intends to rule on penalties no later than the first week of May, after receiving briefs from the defendants and the U.S. Securities and Exchange Commission.
3 minute read

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