Kroger Fights Suit by Albertsons Over Failed $24.6 Billion Deal March 26, 2025 By Sabrina Willmer and Jaewon Kang Kroger Co. is fighting back against a lawsuit brought by Albertsons Cos. over its failed $24.6 billion takeover of the...
McKinsey to Pay at Least $500 Million in DOJ Opioid Probe October 18, 2024 By Ambereen Choudhury, Sabrina Willmer and Chris Strohm McKinsey & Co. is nearing a deal with US prosecutors to pay at least $500 million to settle federal probes...
TikTok Lawsuit Sets Stage for Prolonged Legal Fight Over US Ban May 8, 2024 By Chris Strohm and Sabrina Willmer China-based ByteDance Ltd. made clear it won’t comply with a new US law requiring it to sell its popular TikTok...
MGM Resorts Sues FTC to Stop Investigation of Casino Hack April 17, 2024 By Sabrina Willmer MGM Resorts International sued the Federal Trade Commission to stop an investigation into how it dealt with a cybersecurity attack...
SEC Bribery Unit Probes Technology Companies’ Use of Contractors April 4, 2024 By Sabrina Willmer The US Securities and Exchange Commission is asking publicly traded tech companies about their relationships with distributors and other business...
Meta Loses Second Bid to Thwart FTC’s Change to Privacy Pact March 18, 2024 By Leah Nylen and Sabrina Willmer Meta Platforms Inc. lost its second court ruling this week seeking to stop the Federal Trade Commission’s reopening a 2020...
US Seeks More Than $1 Billion From Collapsed SVB for Taxes February 14, 2024 By Sabrina Willmer The US Internal Revenue Service is seeking to recover about $1.4 billion in taxes it claims are owed by Silicon...
SEC Probes Twitter Security Lapse Before Elon Musk Took Over October 12, 2023 By Sabrina Willmer and Jef Feeley The Securities and Exchange Commission is investigating how Twitter Inc. managed a 2018 security lapse that exposed personal user information...
Tech Firms Try to Muzzle Workers With NDAs, SEC Tipsters Say April 20, 2023 By Sabrina Willmer and Austin Weinstein Some top US technology companies are forcing workers to sign allegedly illegal labor agreements, according to complaints filed with the...
U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield February 23, 2021 By Sabrina Willmer Insiders said one company pushed unnecessary pain medication to the U.S. military; another promoted an unproven treatment for children with...