Your source for the latest developments in the legal world. Our Legal News section provides timely updates on significant legal cases, regulatory changes, judicial decisions, and other key events that shape the legal landscape globally.
In 2021, Boca Raton experienced over 3,350 traffic crashes, reflecting the significant risks on Florida’s busy roads. Statewide, more than 32,000 accidents each year involve semi-trucks and large commercial vehicles, often resulting in severe injuries or fatalities. Alarmingly, data from the National Highway Traffic Safety Administration (NHTSA) shows that over 21% of truck drivers involved […]
Gen Digital Inc. Pays $55.1 Million Settlement After False Claims Act Violation. Gen Digital Inc., formerly known as Symantec Corp., based in Tempe, Arizona, has agreed to a significant settlement of $55.1 million, concluding a decade-long legal battle under the False Claims Act. The settlement follows a four-week bench trial and includes $16.1 million in […]
Robbins LLP Files Class Action Against Rentokil Initial PLC (RTO) Over Failed Terminix Integration. Robbins LLP has initiated a class action lawsuit on behalf of individuals and entities who acquired American Depository Shares (ADSs) of Rentokil Initial PLC (NYSE: RTO) between December 1, 2023, and September 10, 2024. Rentokil, a global leader in pest control, […]
Stoli Group USA Files for Bankruptcy Amid Financial Struggles and Cyberattack Stoli Group USA, the owner of the iconic Stoli vodka brand, has filed for bankruptcy following financial difficulties, a cyberattack, and ongoing legal disputes with Russia. The company, which has liabilities between $50 million and $100 million, acknowledged its financial challenges in a recent […]
Delaware Court Rules Against Elon Musk’s $56 Billion Compensation Package. On Monday, a Delaware judge ruled that Elon Musk, CEO of Tesla, is not entitled to the $56 billion compensation package, despite shareholder support. Chancellor Kathaleen McCormick of the Delaware Court of Chancery upheld her earlier January decision, which deemed the package excessive, even after […]
Kirkland & Ellis Advises Consolis Group on Successful Debt and Equity Recapitalization Deal. Kirkland & Ellis recently advised Consolis Group, a European leader in precast concrete solutions for the building and utilities sectors, in connection with its comprehensive debt and equity recapitalization, which was successfully completed on November 28, 2024. This pivotal transaction, executed by […]
Baker McKenzie Advises 13 NSW Councils on Iberdrola PPA. Baker McKenzie has successfully facilitated a significant Power Purchase Agreement (PPA) between Iberdrola and 13 participating councils in New South Wales (NSW). The agreement, which is set to begin on January 1, 2025, and run until the end of 2030, will provide over 390 GWh of […]
Charlie Rose Settles Sexual Harassment Lawsuit with Three Former Employees. Charlie Rose, 82, the former CBS This Morning anchor, has reached a settlement in the sexual harassment lawsuit filed by three former employees. The lawsuit, which came to light in 2018, accused Rose of creating a hostile work environment through unwanted touching, verbal harassment, and […]
Microsoft faces a wide-ranging U.S. antitrust probe. The U.S. Federal Trade Commission has initiated a comprehensive antitrust investigation into Microsoft, focusing on its software licensing and cloud computing operations, according to a source familiar with the situation reported on Wednesday. This investigation received approval from FTC Chair Lina Khan prior to her anticipated departure in […]
New Mexico Resident Awarded Record $412 Million in Medical Malpractice Lawsuit. A resident of New Mexico has reportedly been granted the largest-ever medical malpractice compensation awarded by a jury in the United States, following a series of unsuccessful penile injections. In November 2024, a jury in Albuquerque awarded the individual, currently in his 70s, a […]
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