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First NBC Bank investor sues execs over ‘disastrous’ leadership

Dec 23, 2016 By: Nicole Banas

First NBC Bank Holding Co.’s directors are personally liable for “disastrous mismanagement” that requires the company to restate five years’ worth of financial reports, according to a shareholder derivative lawsuit filed in New Orleans federal court.

Wal-Mart settles same-sex benefits suit for $7.5 million

Dec 21, 2016 By: Jason Schossler

A Wal-Mart employee is seeking preliminary approval of a proposed $7.5 million settlement in a class-action lawsuit alleging the retail giant unlawfully

Supreme Court might end Texas’ preferred patent venue status, attorneys say

Dec 21, 2016 By: Patrick Hughes

The U.S. Supreme Court has agreed to hear an appeal over where Kraft Foods can sue TC Heartland for patent infringement, and some attorneys observing the case say it could result in fewer patent litigants heading to Texas.

FTC finalizes settlement with Warner Bros. over use of ‘online influencers’

Dec 16, 2016 By: Jason Schossler

The Federal Trade Commission has approved a final order resolving charges that Warner Bros. Home Entertainment deceived consumers by failing to adequately

Leaks and dismissals under the False Claims Act: State Farm v. Rigsby

Dec 16, 2016 By: Nicole Schneider

Any complaint filed under the False Claims Act must remain sealed for 60 days to allow the government to fully investigate the

CFTC fines Societe Generale for failures in swap reporting

Dec 14, 2016 By: Peter Hamner

French investment bank Societe Generale has agreed to pay a $450,000 fine for its failure to properly report nearly 54,000 transactions, the

Managing the Antitrust Risks of Information Exchanges

Dec 12, 2016 By: Janelle Filson Wrigley

Information exchanges between competitors are a hot area of antitrust enforcement.

Justices debate creditor collusion, role of settlements in bankruptcy cases

Dec 9, 2016 By: Donna Higgins

Attorneys for a trucking company and its former drivers who were left out of a deal that resolved the firm’s bankruptcy case squared off Dec. 7 before the justices of the U.S. Supreme Court, who asked about the role of settlements in bankruptcy cases and the threat of collusion among creditors.

SEC: Stock exchanges not immune from high-frequency-trading suit

Dec 8, 2016 By: Peter Hamner

Seven stock exchanges should not be immune from a lawsuit accusing them of providing nonpublic data to high-frequency-trading firms to the detriment

Business groups urge Supreme Court to OK narrower review of EEOC subpoena rulings

Dec 8, 2016 By: Tricia Gorman

Appellate courts should defer to trial court decisions regarding subpoena requests by the Equal Employment Opportunity Commission, several business groups and law

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