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SEC Eases Investor Verification, Boosts Private Capital Fundraising, Lawyers Say

Tue, 2025-03-18 19:38

The guidance deals with Rule 506(c) under Regulation D, which since 2012 has permitted public fundraising and advertisement of a private securities offering—provided the issuer takes “reasonable steps to verify the purchaser is an accredited investor.

       

‘These Cases Are Incredibly Expensive': 50+ Law Firms Leading LA Wildfire Litigation Against Edison

Tue, 2025-03-18 19:29

At a Monday hearing, Los Angeles Superior Court Judge Laura Seigle approved a leadership team proposed by interim co-liaison counsel Gerald “Jerry Singleton, Amanda Riddle and Rahul Ravipudi.

       

Growing Crypto, Media Practices Boosted Manatt's Revenue, Profits Over 12%

Tue, 2025-03-18 17:58

The firm also saw gains in profits per equity partner, up 12.8% in 2024.

       

‘I'm Quarreling With That': Judges Press DOJ on Trump's NLRB, MSPB Member Firings

Tue, 2025-03-18 17:57

“Could the president decide that he wasn't going to appoint or allow to remain in office any female heads of agencies or any heads over 40 years old? asked Judge Karen LeCraft Henderson of the U.S. Court of Appeals for the District of Columbia.

       

Dating App for People With STDs Sues Woman for Exposing Members' Information

Tue, 2025-03-18 17:55
This action was surfaced by Law.com Radar, which delivers real-time alerting on new litigation across more than 2,600 state and federal courts. Click here to get started and be first to act on opportunities in your region, practice area or client sector.        

Global Bar Associations Among 18 Groups to Condemn Trump 'Targeting' Lawyers

Tue, 2025-03-18 17:14

Lawyers are fighting back against the Trump administration's revocation of security clearances at top U.S. law firms and its interference with prosecutors and the International Criminal Court.

       

Chief Justice Pledges Greater Oversight of State Bar, Help for Test Takers After Exam Snafu

Tue, 2025-03-18 16:51

In her annual State of the Judiciary address to the Legislature, Chief Justice Patricia Guerrero said the problems that occurred on last month's licensing exam were "inexcusable."

       

Latham, Hogan Lovells Delete DEI Content Amid US Federal Crackdown

Tue, 2025-03-18 16:31

The duo were among the 20 law firms contacted earlier this week by a U.S. federal agency, demanding information about their diversity, equity and inclusion-related employment practices.

       

Here's Why SB 21's Drafting Process Has Gotten as Much Heat as Its Content

Tue, 2025-03-18 16:21

It's the second year in a row in which legislation proposing amendments to the Delaware General Corporation Law has been criticized both for its content and for its drafting process.

       

Ex-Real Estate CEO Behind Failed WeWork Takeover Bid Sentenced to Five Years in Prison

Tue, 2025-03-18 16:17

Prosecutors say Jonathan Lamore's scheme failed because he underestimated the time it would take to publish a phone press release, meaning his short-dated call options expired before the stock rallied.

       

Investors Burned in $Libra Token Collapse Sue as Part of Broader Meme Coin Trend

Tue, 2025-03-18 15:51

“This is important because it is the first consumer protection case as compared to securities focused, said Max Burwick, the managing partner in New York at Burwick Law, who represents the plaintiff, Omar Hurlock.

       

Amid Georgia Tort Reform Push, Walmart Challenges $1M Injury Verdict

Tue, 2025-03-18 13:40

During Supreme Court of Georgia oral arguments Tuesday, opposing counsel disputed whether a $1 million jury verdict awarded to a Walmart shopper as nominal damages had been excessive as a matter of centuries-old common law.

       

While Federal Legislation Flounders, State Privacy Laws for Children and Teens Gain Momentum

Tue, 2025-03-18 09:24

For decades, the Children's Online Privacy Protection Act has been the only law to expressly address privacy for minors' information other than student data. In the absence of more robust federal requirements, states are stepping in to regulate not only the processing of all minors' data, but also online platforms used by teens and children.

       

NJ Mass Torts Lawyer Selected to Lead Depo-Provera MDL

Tue, 2025-03-18 09:12

U.S. District Judge M. Casey Rodgers, of the Northern District of Florida, appointed 28 women and 28 men to lead more than 70 lawsuits against Pfizer.

       

McDermott Opens San Diego Office, Appoints New IP Practice Group Leads

Tue, 2025-03-18 08:59

McDermott Will & Emery is opening an office in San Diego with five people, including three intellectual property partners.

       

Paul Weiss—and Big Law—Face 'An Existential Threat' Amid Intensifying Trump Administration Pressure

Tue, 2025-03-18 04:59

"What we are trying to do is put you out of business and bankrupt you,” said conservative strategist Steve Bannon.

       

Chief Justice Roberts Condemns Impeachment Threats Of Judges After Trump Attack

Tue, 2025-03-18 00:48

"The normal appellate review process exists for that purpose," Chief Justice John Roberts Jr. said in response to President Donald Trump's call to impeach a D.C. federal judge who ruled against him.

       

White & Case Team Joins ROSS's Defense Against Thomson Reuters Copyright Claim

Mon, 2025-03-17 20:22

The White & Case team joins Crowell & Moring in defending AI firm ROSS Intelligence in an early copyright infringement case that could shape a long slate of other court challenges.

       

Gibson Dunn Lawsuit Says White House Unlawfully Terminated Immigrant Program Funding

Mon, 2025-03-17 19:12

"An injunction to stop Defendants illegally ending the Programs and refusing to spend appropriated funding is necessary to protect Plaintiffs from severe and irreparable harm," counsel for the plaintiffs alleged.

       

Judge Denies Post-Trial Motions in Chip Designers' M&A Row, Bringing Judgment to More Than $41 Million

Mon, 2025-03-17 19:10

A California state judge has denied the post-trial motions filed by chip design software company Silvaco in its long-running earn-out dispute with an international business it acquired in 2018, Nangate Denmark ApS, bringing Nangate's judgment against Silvaco to over $41 million.

       

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