Crypto firm Flowdesk hires former NYSE counsel as it looks to build US presence
Flowdesk has added seasoned securities lawyer James Morgan to its C-suite, in a move to position the firm as a major institutional player in the U.S. crypto market.
Federal appeals court blocks all of Biden's student loan debt handout plan
A federal appeals court issued a ruling on Thursday that blocks the Biden administration from continuing to implement all of its student loan handout plan.
Elon Musk wins dismissal of $500M severance suit filed by fired Twitter workers
A federal judge dismissed claims made by former Twitter employees that Elon Musk violated the company's severance plan under a federal employee benefit law after his takeover.
Top Wall Street law firm screening job applicants for participation in anti-Israel protests
Prestigious law firm Sullivan & Cromwell is scrutinizing potential hires for their involvement in pro-Palestinian student groups and anti-Israel protests.
Tesla investors call for judge to reject 'outlandish' $7 billion legal fee in Musk's pay case
Tesla shareholders are urging a Delaware judge to reject the $7 billion legal fee request made by attorneys who challenged CEO Elon Musk's pay package, which remains in legal limbo.
Musk looks to end Twitter lawsuit, suggests late disclosure was a mistake
Billionaire Elon Musk is arguing that his late disclosure of Twitter stock purchases was a mistake in an effort to dismiss a proposed class action lawsuit brought by shareholders.
Unions file lawsuit against Philadelphia for mandating that full-time city workers return to the office
Labor unions representing Philadelphia city employees sued to block the mayor's requirement for full-time city employees to return to the office.
Court blocks Biden admin's ban on new LNG exports
A federal judge in Louisiana granted a motion by energy-producing states to pause the Biden administration's ban on new LNG export projects due to its impact on those states' economies.
Visa, Mastercard can likely handle swipe-fee settlement bigger than $30 billion: judge
A judge who rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants said the issuers could likely handle a "substantially greater" settlement.
Federal prosecutors meet with Boeing, crash victims' relatives ahead of looming charging decision: report
Federal officials from the Justice Department are meeting with Boeing and the families of victims of fatal crashes as a deadline for filing criminal charges against Boeing nears.
Musk won pay package with shareholders' vote, Tesla argues in court filing
Tesla argued in a new court filing that its shareholders' vote to reinstate CEO Elon Musk's $56 billion pay plan should decide the legal debate surrounding his compensation.
Coinbase sues SEC, FDIC for information relating to crypto regulation
The move comes following the exchange’s attempts to retrieve information through the FOIA regarding three SEC investigations into crypto firms and entrepreneurs between 2018 and 2024.
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants over swipe fees assessed on customers' transactions.
IRS apologizes to Ken Griffin and thousands of Americans for tax data leak
The Internal Revenue Service issued a public apology to Citadel CEO Ken Griffin as part of the settlement of a lawsuit he filed following the leak of thousands of Americans tax data.
Tesla, opponents of Musk's pay package clash over resolving compensation lawsuit
Tesla and opponents of CEO Elon Musk's $56 billion pay package clashed in court over the next steps in resolving their legal dispute after shareholders voted to reinstate the package.
Federal lawsuit against TikTok to focus on children's privacy: report
The Justice Department is reportedly planning to focus an upcoming lawsuit against TikTok on the social media platform allegedly violating the privacy rights of children.
TikTok says US ban is inevitable unless law requiring divestment is blocked
TikTok asked a federal court to strike down the law requiring the app be divested from its China-based parent company ByteDance, arguing that a ban is inevitable unless the court acts.
Disney faces lawsuit over canceled employee relocation plan
Disney is facing a lawsuit filed by employees who relocated from California to Florida for a project the company later canceled, leaving them with the choice of moving back west.
Boeing crash victims' families ask DOJ to fine company $24B, prosecute former execs
The families of victims killed in two separate Boeing 737 MAX plane crashes wrote a letter to the Justice Department asking the government to hold the company more accountable.
FTC refers complaint against TikTok to Justice Department over child privacy violations
The Federal Trade Commission announced that it referred a complaint against TikTok and China-based parent company ByteDance to the Justice Department for investigation.