Microsoft Sued by Shareholders Over Expenses, Cloud Business, AI June 16, 2026 By Jonathan Stempel Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing...
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit June 16, 2026 By William Rabb A high-ranking Mississippi Insurance Department official has been placed on leave after allegations that he and his wife diverted more...
Supreme Court Shields Investment Funds From Shareholder Lawsuits June 12, 2026 By Greg Stohr The US Supreme Court shielded funds from some investor lawsuits, ruling that an 86-year-old federal statute doesn’t authorize shareholders to...
D&O Market Expected to Tighten Under Pressure, Says AM Best June 8, 2026 By Chad Hemenway Analysts at insurance rating firm AM Best said there are “warning signs” for the directors & offers liability market, leading...
Paramount to Face Legal Challenge From States on Warner Deal June 8, 2026 By Josh Sisco, Leah Nylen and Erik Larson The top lawyers for several states are drafting a legal challenge to Paramount Skydance Corp.’s $110 billion deal to buy...
Supreme Court Says Quick Jury Trial Not Needed on FCC Fines June 4, 2026 By Greg Stohr The US Supreme Court ruled that telecommunications companies can’t immediately demand a jury trial when hit with a Federal Communications...
M&A Lawyer Pleads Not Guilty to Leading Insider-Trading Ring June 2, 2026 By Chris Dolmetsch A former mergers and acquisitions lawyer with top firms including Latham & Watkins and Goodwin Procter pleaded not guilty to...
SEC Moves to Scrap Biden-Era Rule on Climate Risk Disclosures June 1, 2026 By Nicola M. White The US Securities and Exchange Commission wants to formally kill rules it’s now calling a “dramatic overreach” of its own...
First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud May 26, 2026 By Steven Church and Jonathan Randles The US government has joined the line of creditors impacted by alleged fraud at bankrupt autoparts maker First Brands, in...
Activision Shareholders Reach $250 Million Settlement Over Microsoft Buyout May 26, 2026 By Tom Hals Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them...