Sports betting company DraftKings agreed to settle for $200,000 charges it violated Regulation FD disclosure rules, the Securities and Exchange Commission announced September 26. The regulation ...

Long tagged as a cost center, the legal department can unlock savings and monetize assets by being creative, in-house lawyers say.

Silicon Valley had largely opposed the measure, which would have imposed liability and civil penalties on companies developing the largest AI models. The bill’s focus on large, costly models “could ...

Last year, as companies tightened their fiscal belts, few legal departments avoided budget cuts. That has meant general counsels being asked to do more or the same level of work with stagnant budgets.

Companies have until mid-2025 to revise their automatic subscription renewal processes to meet California's click-to-cancel law, enacted September 24. The law requires companies to make renewal ...

Americans purchase more than $4 trillion worth of goods and services with debit cards each year, according to the complaint. Visa’s monopoly in the debit card payments market adds billions of dollars ...

The lawsuit was filed by Kurt Dzibela, a former Blackrock international equity trader who alleged he was passed up for promotions and salary increases in service of the company’s DEI and ESG policies.

Few developments in the legal tech industry have jolted general counsel the way generative AI has, given its anticipated impacts on departments’ budgets, outside counsel billables and helping in-house ...

The world’s richest person is fed up with the Federal Aviation Administration. Elon Musk’s Space Exploration Technologies Corp. is in a fight with aviation regulators over the pace of their pre-launch ...

Shareholders submitted more than 100 anti-ESG proposals in the 2024 proxy season but none of those that made it to a vote received more than single-digit support.

The Supreme Court handed down a number of blockbuster rulings at the end of its last term, most notably its constitutional take on presidential immunity in Trump v. U.S. But it was its decisions ...

Binding arbitration clauses have increased significantly in corporate user agreements and employment offer letters as companies seek to resolve disputes in a forum that offers less legal expense and ...