- news.bloomberglaw.com
Paramount to Settle Lawsuits, Paving Way for Warner Bros. (1)
Paramount reached a settlement with California and four other states to resolve lawsuits blocking its $110 billion acquisition of Warner Bros. Discovery. The deal includes penalties for missing a 30-f…
- news.bloomberglaw.com
Judge Orders US to Name Architects of Trump ‘Weaponization’ Fund
A federal judge ordered the US Justice Department to reveal the identities of individuals who structured a $1.8 billion fund tied to Trump’s administration, now defunct. The fund was part of a broader…
- news.bloomberglaw.com
Meta Says It Will Pay Up to $18 Billion Over Social Media Claims
Meta Platforms Inc. agreed to pay up to $18 billion to resolve lawsuits from 29 US states alleging it designed Facebook and Instagram to encourage compulsive use among youths. The settlement includes …
- news.bloomberglaw.com
San Francisco Passes Data Center Moratorium in Hometown of AI
San Francisco’s Board of Supervisors unanimously approved a 45-day moratorium on new data centers, citing environmental and infrastructure concerns. The pause can be extended up to two years while off…
- news.bloomberglaw.com
SEC Tees Up Plan to Scrap Shareholder Proxy Proposal Rules
The SEC plans to eliminate rules governing shareholder proxy proposals, sending a proposal to the White House’s OMB for review. Chairman Paul Atkins argues the current rules exceed SEC authority and i…
- news.bloomberglaw.com
DOJ to Challenge Dismissal of Harvard Civil Rights Suit (1)
The DOJ will challenge a federal judge’s dismissal of its lawsuit against Harvard, alleging the university violated civil rights laws by failing to protect Jewish and Israeli students after the Octobe…
- news.bloomberglaw.com
Musk’s X Suit Against New York Over Hate-Speech Data Dismissed
A US District Judge dismissed X Corp.'s lawsuit challenging New York's 'Stop Hiding Hate Act,' ruling the law does not violate free speech protections. The law requires social media companies to discl…
- news.bloomberglaw.com
US Chief Justice Lets Trump Keep Building Ballroom for Now (1)
The US Chief Justice issued an interim order allowing President Trump to continue building a massive new White House ballroom despite lower court rulings that construction violated congressional autho…
- Legalnews.bloomberglaw.com
Zillow, Redfin Settle FTC Case Over Rental Listings
The FTC reached a settlement with Zillow and Redfin, resolving an antitrust case alleging their rental listings partnership violated competition law. Redfin will re-enter the market independently, whi…
- news.bloomberglaw.com
SEC Subpoenas Wall Street Banks Over Situational Awareness
The SEC issued subpoenas to major Wall Street banks seeking information about hedge fund Situational Awareness' trading activity amid its forced liquidation during an AI stock rout. The fund faced mar…
- news.bloomberglaw.com
Meta, States Have Discussed Settling Teen Social Media Case (1)
Meta and state attorneys general are in mid-trial settlement talks for a case accusing the company of designing Facebook and Instagram to addict teens. The 29-state coalition seeks massive penalties a…
- news.bloomberglaw.com
Mark Walter’s Lieutenants Give Prosecutors Firsthand Accounts - Bloomberg Law News
Federal prosecutors and the SEC are investigating Guggenheim Partners and Mark Walter’s insurance businesses over potential misconduct, including loan practices between Walter’s firms and accounting a…
- news.bloomberglaw.com
Supreme Court Again Asked to Weigh In on Missouri Voting Map (1)
An anti-gerrymandering group petitioned the US Supreme Court to block Missouri’s new Republican-favored congressional voting map for the November election, citing legal conflicts and chaos. The map, u…
- news.bloomberglaw.com
DOJ Weighs Joining Texas BlackRock, State Street Antitrust Case
The US Justice Department is evaluating whether to join a state-led antitrust lawsuit against BlackRock and State Street, alleging they used market influence to pressure coal producers into reducing o…
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