Citadel Securities LLC filed a lawsuit Friday accusing the company implementing the SEC’s market surveillance tool of spending tens of millions of dollars in fees “unlawfully collected” from Citadel Securities and other broker-dealers.
A judge refused to fast track
Vividion Therapeutics Inc.'s founding chemist prevailed Thursday over fraud claims linked to the biotech company’s $2 billion sale to Bayer AG.
A trustee will be appointed to take over the bankruptcy of Flipcause Inc. following concerns raised by California attorney general Rob Bonta that the nonprofit fundraising platform mismanaged $29 million in charitable funds.
Golf star Jack Nicklaus lost his bid to block $17 million in financing for the bankruptcy of his former golf services business provided by affiliated entities of banker and entrepreneur Howard Milstein.
Companies, investors, and other players in corporate governance generally were unhappy with SEC efforts to referee disputes over which shareholder proposals face votes at annual meetings, a new survey shows.
Payscale Inc. asked Delaware’s highest court to allow broadly worded noncompete agreements, arguing that specifically limiting where business activities or customers were off-limits for ex-employees would force companies to “constantly” revise those contracts.
A bankruptcy judge denied a request by the owner of the boutique Hudson Hotel in Manhattan to hire DLA Piper LLP as special counsel after the company’s junior creditors and a Justice Department unit said the firm had conflicts of interest.
A federal judge denied BioDelivery Sciences International Inc.’s attempt to use a 2022 patent-infringement judgment against Lotus Pharmaceutical Co.’s Alvogen units to stop a new generic version of the painkiller Belbuca, ruling BDSI used the wrong legal tool to enforce that injunction.
Endeavor Group Holdings Inc. and the private equity firm that bought it out low-balled to investors the true value of the entertainment company’s shares before its take-private deal, a proposed class action said.
A former
WSP USA Inc.‘s health plan defeated a lawsuit by a transgender woman who says she was wrongly denied coverage for facial feminization surgery because its language bars her from seeking relief, a federal judge ruled.
A Black disabled former truck driver for
Travelers Cos. units are suing the San Francisco archdiocese over insurance coverage for clergy sexual abuse claims.
GoodRx Holdings Inc.'s proposed $32 million settlement of a lawsuit alleging it illegally shared users’ data with
