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Sunday, July 14, 2024
Launch One $200M IPO

Launch One Raises $200M in IPO, Eyes Healthcare Sector

Launch One Acquisition Corp. began trading on Friday after successfully raising $200 million in an initial public offering (IPO). The New York-based special-purpose acquisition...
Xbox Ex-Engineer lawsuit

Xbox Ex-Engineer Lawsuit Settled with Microsoft

Microsoft has resolved litigation with a former software engineer who claimed ownership of patents used in its Xbox software. This marks the end of...
BofA and Goldman Rate Swap Suit OK

BofA and Goldman Rate Swap Suit OK: $46 Million Settlement Receives Initial Approval

A New York federal judge has given preliminary approval to a $46 million settlement in a long-standing multidistrict litigation concerning an alleged scheme by...
Binance Exec Freedom Bill

Binance Exec Freedom Bill Introduced by Republican Lawmakers

A new resolution from Republican lawmakers would have the U.S. House of Representatives formally urge the federal government to designate imprisoned Binance executive and...
first republic $7m settlement

First Republic $7M Settlement Reached in Fiduciary Breach Case

A philanthropist couple has reached an agreement to resolve their $7 million breach of fiduciary duty allegations against the now-failed First Republic Bank. George...
FTC Eyes $23B ConocoPhillips Deal

FTC Eyes $23B ConocoPhillips Deal to acquire Marathon Oil

ConocoPhillips announced on Friday that the Federal Trade Commission (FTC) has issued a second request regarding its late May agreement to acquire Marathon Oil...
VW Supplier Antitrust Suit

VW Supplier Antitrust Suit Dismissed by Texas Federal Judge

A Texas federal judge has dismissed an antitrust lawsuit filed by auto parts maker Prevent Group against Volkswagen, concluding that the German judicial system...
SoftBank Buys UK Chipmaker

SoftBank Buys UK Chipmaker Graphcore to Expand AI Footprint

SoftBank Group Corp. has acquired Graphcore, a British semiconductor chipmaker, as it aims to expand into the artificial intelligence sector, the two companies announced...
Earned Wealth $200M Funding

Earned Wealth $200M Funding for Expansion and Acquisition

DLA Piper-advised Earned Wealth announced on Thursday that it received a $200 million growth investment from equity investors while simultaneously unveiling its acquisition of...
$427K Painting Company Arbitration

3rd Circ. Upholds Decision to Vacate $427K Painting Company Arbitration Award

The Third Circuit upheld a lower court's decision to vacate an arbitration award exceeding $427,000 against Allied Painting & Decorating Inc. over a union...

Must Read

Cyberattack on AT&T Exposes Phone Records of Millions of their Customers

In a major Cyberattack on AT&T, phone records from nearly all its customers were exposed.  AT&T disclosed in a regulatory filing that it became aware...