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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.Uber's 'Superficial Safety Efforts' Called Out in Derivative Suit
The lawsuit alleges that if Uber's board members and executives had made a point to implement safety measures like screening drivers more carefully, the company might not now be facing liability in the hundreds of cases in which riders, primarily women, say they were sexually assaulted.As 2023 Closes, Here's the Delaware Litigation Elon Musk Still Needs to Worry About
More than a year after trial, there's still no Court of Chancery ruling on whether Tesla's compensation plan for Musk, valued at $56 billion, was fair to shareholders and properly vetted by Tesla's directors.Delaware Shareholder Lawsuit Against Disney Claims Insider Trading by Execs
The complaint claims that since December 2020, Disney has been misleading investors about its streaming platform by concealing expenses and the difficulty of sustaining subscriber growth.'When Do We Cross the Line?', Seitz Asks in Appeal of Block's Deal to Acquire Tidal
Block Inc., Jack Dorsey's tech company, is being sued over its acquisition of Tidal, a music streaming service founded by Jay-Z.View more book results for the query "*"
Precedent Dismissing Voting Rights Cases 'Falls Far Short,' Attorney for Fox, Snap Shareholders Says
The right to sue, a Bernstein Litowitz partner argued, is implied in every Delaware charter, referencing how in the past the court has analogized charters with contracts, which frequently have implied terms that can be binding.Lafayette Attorney Indicted for Role in Alleged DC Solar Ponzi Scheme
Ari J. Lauer has also been named in a securities fraud suit brought by the U.S. Securities and Exchange Commission.SEC Asks Court to Intervene in Twitter Probe, Citing Musk's 'Blatant Refusal' to Testify
An attorney for Elon Musk told the SEC in a letter that conducting another interview is overkill after it did two last year. He suggested the agency was acting in bad faith.US Judge Allows EV Startup Canoo to Advance Lawsuit Against Investor
Canoo is represented by Kirkland & Ellis partner Aaron Marks, who argued in an amended complaint filed in September 2022 that DD Global owed disgorgement of $61 million in short-swing profits from transactions in 2021 and 2022.Former NFT Exchange Employee Sentenced to Three Months in Prison in First-of-Its-Kind Case
U.S. District Judge Jesse Furman said he saw a need for a sentence that amounted to "more than a slap on the wrist" in the case.Clean Your Data to Support Member Retention and Growth
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