The Latest
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Merchants urged to file claims for $5.5B payment card settlement
Requests for a slice of the Visa-Mastercard settlement are due by a May 31 deadline. Lawyers are racing to alert eligible businesses.
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How women counsel can up their board chances
A good start is to network and talk with recruiters while you’re still in your in-house or outside counsel role, the head of an executive network says.
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Former Google workers say protest-related firings were illegal
The ex-employees said the tech giant violated their labor rights when firing at least 28 employees for protesting against its cloud services contract with the Israeli government.
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Opinion
AI in litigation: Questions to ask your outside counsel
Outside counsel should be prepared to show metrics on how their use of AI tools improves accuracy and speed on the litigation matters they handle for their corporate clients.
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TD faces DOJ money-laundering probe
Criminals allegedly laundered millions of dollars of fentanyl proceeds through TD branches in New York and New Jersey, according to The Wall Street Journal.
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Big fines might get employees to end off-channel communications
Companies must get a handle on unsupported networks even if they’re not technically illegal outside of some federal rules, enforcement specialists say.
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Block’s Dorsey rebuffs compliance allegations
The head of the payments company began an earnings call Thursday with a defense against a former employee’s allegations of compliance improprieties.
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Combining CLO with corporate secretary reduces legal problems
The findings of an academic study counter a widespread view that the dual role leads to conflict that can increase risk.
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FTC targets ‘junk patents’ on Ozempic, other top drugs
The move broadens the antitrust regulator’s campaign against allegedly “improper or inaccurate” patent listings by drugmakers to include top-selling medicines for weight loss, diabetes, asthma and COPD.
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Every Dropbox Sign user stung in cyberattack
An attacker intruded the electronic signature platform’s production environment and accessed a trove of user data, including OAuth tokens.
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Opinion
What to know about the DOJ’s M&A safe harbor policy
Extending due diligence beyond traditional document review and implementing strong post-closing integration are among the ways to identify potential violations before they cause problems.
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EU adopts CSRD reporting delay, gives non-EU companies until 2026 to comply
Exempted companies will now have more time to focus on the implementation of broader sustainability reporting requirements before they start observing sector-specific standards.
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FCC fines 4 major wireless carriers $200M for selling customer location data
The Federal Communications Commission fined T-Mobile, Sprint, AT&T and Verizon nearly $200 million for illegally sharing customers’ location data.
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FTC broadens breach notification rule to include apps
Regulators have been pursuing more enforcement actions against health applications sharing consumers’ data. Friday’s final rule should give those actions more heft.
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EEOC finalizes harassment guidance, addressing remote work and gender identity
Harassment can include “outing” individuals, misgendering, and prohibiting workers from using sex-segregated bathrooms consistent with their gender identity, the agency said.
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Think like a business person to move in-house, recruiter says
Being on top of a legal specialty is crucial but you must think beyond that to apply your skills in a way that can help an organization move towards its goals.
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Will Kroger and Albertsons’ revised divestiture plan satisfy the FTC?
The grocers’ new deal with C&S Wholesale Grocers indicates they have heard the agency’s concerns — but whether it will be enough to get their proposed merger through remains unclear, analysts said.
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FTC sues Doxo over deceptive ads, junk fees
After the federal agency’s lawsuit landed Thursday, the Seattle bill-pay provider countered the allegations on Friday.
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Manufacturing CFO in court over Williams Sonoma contract fraud
“Greed can easily overtake one’s ability to be content,” the IRS says. “Mr. Nardone abused his position as the Chief Financial Officer and conspired with others to secure favorable contracts.”
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FTC effort to obtain litigation holds in Amazon case sparks privilege battle
The agency says it needs preservation notices and messaging instructions to gauge the extent of spoliation in its antitrust battle against the company — and whether the spoliation was deliberate.
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Retailers object to Visa-Mastercard settlement
The National Retail Federation lashed out at a landmark Visa-Mastercard legal settlement Friday, calling the pact reached with some merchants last month “meager and temporary” relief.
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Negotiating limitations of liability when you have little leverage
In-house counsel have levers they can pull if they know the risk a deal poses to their company, contract specialists say.
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FTC lawsuit on Tapestry-Capri merger could have wider implications
The complaint demonstrates the agency’s recent crackdown on “serial acquisitions,” a practice that has become more common across industries.
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88% of CFOs say FTC noncompete rule will have no impact on their careers
Poll findings indicate that CFOs do not see the new FTC noncompete ruling as a threat to retaining top finance talent.
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Customers Bancorp reframes ex-CFO’s dismissal
Carla Leibold's departure was by "mutual agreement," not "cause," the bank holding company said in an amended filing. Leibold will receive $2.5 million but will forfeit her equity awards.