(Reuters) A Skechers USA shareholder has sued the footwear maker for more details about its $9.4 billion buyout by private equity firm 3G Capital, saying the decision by Skechers’ founder and controlling shareholder to sell raises “red flags.” According to (…)
(Westlaw) A Tennessee federal judge has granted preliminary approval to an $11.8 million settlement between Evolve Bank & Trust and a class of customers whose personal information was exposed in a 2024 data breach. In re Evolve Bank & Trust (…)
(Reuters) Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement papers show. The preliminary settlement of so-called derivative litigation against officials at (…)
(Reuters) The Financial Industry Regulatory Authority got a bit of good news on Monday, courtesy of the nation’s highest court as anorder listposted to the U.S. Supreme Court’s website on June 2 indicated that Alpine Securities Corp.’s petition for a (…)
(Reuters) Sebastian Mejia died in the shower of an Airbnb rental in Brazil in 2022, the alleged victim of carbon monoxide poisoning from a faulty water heater. A Fulbright scholar, the 24-year-old Florida native was studying the country’s indigenous communities. (…)
Global stock markets surged on Monday after the U.S. and China agreed to slash steep tariffs for at least 90 days, tapping the brakes on a trade war between the world’s two biggest economies that had fed fears of a (…)
(Westlaw) On March 25, 2025, Delaware passed its controversial Senate Bill 21 (SB 21), which amended the Delaware General Corporation Law (DGCL). The bill changes previous case law specifically where it amends DGCL Section 144, which deals with corporate transactions involving (…)
(Reuters) – A federal judge narrowed but stopped short of dismissing a lawsuit by investors seeking to hold celebrities like sports stars Tom Brady, Stephen Curry and Shohei Ohtani liable for promoting the collapsed cryptocurrency exchange FTX. The investors said (…)
(Reuters) -U.S. President Donald Trump on Thursday signed into law a bill to overturn a revised rule from the Internal Revenue Service that expanded the definition of a broker to include decentralized cryptocurrency exchanges, according to a statement from the (…)
(Westlaw) The SEC’s Division of Corporate Finance issued a statement providing guidance on the application of disclosure requirements under the Securities Act and the Exchange Act to offerings and registrations of securities in the crypto asset markets. On April 10, (…)
