New Jersey U.S. Attorney Philip Sellinger took the stand Wednesday in the bribery trial against onetime friend Sen. Robert Menendez, telling a New York federal jury he had to rebuff the senator's request for a "careful" look at a case against one of the men alleged to have bribed Menendez.
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THURSDAY, JUNE 13, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Menendez Wanted Certain Case Scrutinized, US Atty Testifies

By Cara Salvatore

New Jersey U.S. Attorney Philip Sellinger took the stand Wednesday in the bribery trial against onetime friend Sen. Robert Menendez, telling a New York federal jury he had to rebuff the senator's request for a "careful" look at a case against one of the men alleged to have bribed Menendez.

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Terraform To Settle With SEC For $4.5B After Fraud Trial

By Aislinn Keely

Crypto firm Terraform Labs has agreed to a $4.47 billion settlement with the U.S. Securities and Exchange Commission after a Manhattan jury found the firm and its founder Do Kwon liable for fraud in April.

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SPAC Dealmakers Expect Modest Pickup After Market Bottom

By Tom Zanki

Market professionals expect a slow pickup in deals involving special-purpose acquisition companies starting in the second half of 2024, predicting on Wednesday that a leaner market will emerge following the recent crash and imposition of tighter regulations.

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2nd Circ. Partially Nixes Injunction Over Amazon Firing

By Tim Ryan

The Second Circuit vacated on Wednesday a New York federal judge's order barring Amazon from firing workers for engaging in union activity, saying the judge did not explain why she imposed the broad prohibition while at the same time finding the company did not have to rehire a fired union activist.

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NY AG, Firms Beat Cuomo Subpoenas In Sex Harassment Suit

By Patrick Hoff

Former New York Gov. Andrew Cuomo can't force Cleary Gottlieb Steen & Hamilton LLP and Vladeck Raskin & Clark PC to produce information about an investigation into sexual misconduct accusations that forced him to resign, a federal judge ruled Wednesday, finding the firms were acting under the state attorney general's authority.

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Microsoft, OpenAI Call Papers' Suit A 'Copycat' Of NYT's Case

By Ivan Moreno

OpenAI and Microsoft Corp. have asked a New York federal court to toss the bulk of a copyright complaint from eight newspapers that accuses the companies of stealing their content to develop versions of ChatGPT, contending the lawsuit is modeled after one from The New York Times and saying the allegations mischaracterize the technology.

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INSURANCE

Transit Insurer Seeks To Limit Loss From $60M No-Fault Scam

By Pete Brush

A taxi and livery insurer told a Brooklyn federal judge Wednesday that it is pursuing settlement in its effort to recoup $3.2 million lost in a massive, $60 million no-fault scam led by a former clinic operator now headed for prison.

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PRODUCT LIABILITY

'Natural' Toothpaste Brand Loaded With PFAS, Moms Say

By Rae Ann Varona

Natural toothpaste company RiseWell LLC falsely advertised its kids toothpaste as "natural" and "safe to swallow," two mothers alleged Tuesday in a proposed class action, saying a U.S. Department of Defense-certified laboratory test found 750 times more "forever chemicals" in the toothpaste than researchers found in heavily tainted kale.

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MEDIA & ENTERTAINMENT

Miss. Social Media Age Law Faces Free-Speech Challenge

By Nadia Dreid

Mississippi is the latest state to enact a law that requires social media companies to verify the age of all users, but a challenge seeking to block that law from taking effect is already on the docket in federal court with a preliminary injunction hearing slated for this month.

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EMPLOYMENT

Brief

Ex-WWE Employee's Sex Abuse Suit Paused For 6 Months

By Brian Steele

A former World Wrestling Entertainment Inc. legal staffer's sexual abuse and trafficking lawsuit against the company, WWE founder Vince McMahon and a former executive will remain paused until December, a Connecticut federal judge ordered, about two weeks after a prosecutor entered an appearance in the case.

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BENEFITS

32 AGs Urge Justices Take Up Okla. PBM Law Fight

By Kellie Mejdrich

Thirty-two attorneys general urged the U.S. Supreme Court to take up Oklahoma's petition for review of a Tenth Circuit decision holding that federal law preempted portions of a state law regulating pharmacy benefit managers, arguing the justices needed to intervene to resolve a circuit split.

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SECURITIES & WHITE COLLAR

FBI Told OneTaste Witness To Delete Evidence, Ex-Execs Say

By Elliot Weld

Two former executives of sexual wellness company OneTaste Inc. said they uncovered "shocking" evidence that an FBI agent told a former employee of the business and key government witness to delete an old email account, allegedly destroying exculpatory evidence in a forced-labor conspiracy case.

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4 Charged In $50M Email, Romance Fraud Schemes

By Elliot Weld

Four people were charged by Brooklyn federal prosecutors with participating in a series of fraudulent email and romance fraud schemes that resulted in $50 million in losses to the alleged victims.

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2nd Circ. Backs Brokerage In Suit Over Biotech's Failed IPO

By Yun Park

The Second Circuit on Wednesday declined to reinstate a Texas company's suit against an investment brokerage that advised biotech Inpellis on an initial public offering that failed and sent the company to file Chapter 7, ruling a lower court rightly found a global settlement eclipsed the need for a jury trial.

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COMPETITION

League's Antitrust Case Against US Soccer, MLS Survives

By Elaine Briseño

Major League Soccer and the sport's U.S. governing body must face allegations that they colluded to impose standards in a lopsided manner in order to hamper the North American Soccer League, after a New York federal judge refused to toss the claim.

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MERGERS & ACQUISITIONS

Brazil's Suzano Buys Minority Stake In Lenzing For $248M

By Al Barbarino

Brazilian pulp producer Suzano S.A. has agreed to buy a 15% stake in Lenzing from B&C Group for EUR 230 million ($248.6 million), according to a statement Wednesday.

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CONTRACTS

Brief

Oppenheimer, Cybersecurity Co. Settle $12M SPAC Bill Spat

By Katryna Perera

Oppenheimer & Co. and an Israeli cybersecurity company have reached a settlement to end claims that the company refused to pay $12 million in fees for SPAC merger-related services the investment bank provided, according to a New York federal court filing made Wednesday.

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PEOPLE

Ex-Supreme Court Clerk, Federal Atty Joins McGuireWoods

By Andrea Keckley

McGuireWoods LLP announced the addition of another former federal prosecutor to its ranks on Wednesday, this time a product liability expert from Perkins Coie LLP who advises companies on various disputes and government investigations.

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Labaton Keller Sucharow Adds Securities Litigator In NY

By Christine DeRosa

Lauren Ormsbee did not grow up dreaming of fighting securities fraud, but that's the very role she's spent her career in, including in her new position as a partner and litigation team leader at Labaton Keller Sucharow LLP.

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Brief

Freshfields Adds Ex-Kirkland, Davis Polk Attys In New York

By Anna Sanders

Freshfields Bruckhaus Deringer LLP bolstered its corporate offerings in New York this week with M&A partner Joshua Ayal and capital markets partner Jacqueline Marino.

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Pillsbury Adds Aviation-Focused Bankruptcy Partner In NY

By Tracey Read

Pillsbury Winthrop Shaw Pittman LLP has hired a corporate restructuring partner with aviation expertise for its insolvency and restructuring group in New York.

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EXPERT ANALYSIS

Litigation Inspiration: Attys Can Be Heroic Like Olympians

Although litigation won’t earn anyone an Olympic medal in Paris this summer, it can be worthy of the same lasting honor if attorneys exercise focused restraint — seeking both their clients’ interests and those of the court — instead of merely pursuing every advantage short of sanctionable conduct, says Bennett Rawicki at Hilgers Graben.

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LEGAL INDUSTRY

Feature

Law Grads Told To 'Ride The Waves Of Change'

By Michele Gorman

In debunking a familiar quote shared by Apple's Steve Jobs and comparing working with colleagues to being NFL teammates, 2024 law school commencement speakers asked their future legal colleagues to allow space for their career aspirations to change and not underestimate the impact they can make — both individually and as a community.

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Norton Rose Adds 12 BCLP Attys In Denver, St. Louis

By Christine DeRosa

Norton Rose Fulbright has added a dozen attorneys from Bryan Cave Leighton Paisner LLP to its regulatory, investigations, securities and compliance practice in the firm's Denver and St. Louis offices.

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Federal Jurist In Chicago Remembered As 'Favorite Judge'

By Lynn LaRowe

Senior U.S. District Judge Harry D. Leinenweber, who oversaw the criminal trials of R. Kelly and the "ComEd Four" during his four decades on the bench in Illinois, is remembered as a compassionate "favorite judge" whose tireless work ethic kept him active in the court until his death Tuesday.

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'Repugnant To Civility': Judge Rips, Yet Won't DQ Taft Stettinius

By Bonnie Eslinger

A Michigan state judge slammed law firm Taft Stettinius & Hollister LLP for keeping ex-client MGM in the dark about its merger with another firm and called Taft Stettinius' assertion MGM should have figured it out "repugnant to civility," but nonetheless said he wouldn't disqualify Taft Stettinius from representing MGM's opponent in an arbitration.

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Nelson Mullins Partner's Widow Must Arbitrate Pay Dispute

By Julie Manganis

The estate of a Nelson Mullins Riley & Scarborough LLP partner who died last year is bound by a partnership agreement that requires disputes to be resolved through arbitration, a Massachusetts judge said in dismissing a suit brought by the attorney's widow.

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Associate Sues Kaufman Dolowich Alleging Disability Bias

By James Boyle

A former associate with national law firm Kaufman Dolowich & Voluck LLP claims in a federal lawsuit that attorneys at the firm's Philadelphia office discriminated against him after he asked for accommodations for his hearing impairment.

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Biden Names Prosecutors, Judge For 3 District Courts

By Courtney Bublé

President Joe Biden announced nominees Wednesday for district courts in Minnesota, California and Pennsylvania.

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House Votes To Hold AG Garland In Contempt

By Courtney Bublé

The House voted 216-207 on Wednesday to hold Attorney General Merrick Garland in contempt for not turning over audio recordings of the president and his ghostwriter speaking with special counsel Robert Hur for his investigation into Biden's handling of classified documents.

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House IP Panel Eyes Transparency For Litigation Funders

By Ivan Moreno

A congressional committee on Wednesday began discussing whether to require more transparency of third-party litigation funding agreements to stem what lawmakers say are abusive patent lawsuits and national security concerns if hostile foreign governments meddle with cases anonymously.

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Senate Dems Admonish Roberts As Ethics Reform Stalls

By Katie Buehler

Several senior Democratic senators chided Chief Justice John Roberts on Wednesday for failing to take responsibility for or address the U.S. Supreme Court's ethics issues, vowing to continue fighting Republican opposition and to pass court reform legislation unless the chief justice makes improvements.

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School Says Declaration Bares Quinn Emanuel Lies In IP Feud

By Andrew Karpan

Columbia University has told the Federal Circuit that a declaration from a former Norton Lifelock Inc. computer scientist shows that the company's former lawyers at Quinn Emanuel Urquhart & Sullivan LLP are lying about his refusal to testify in the school's decade-long $600 million patent case in Virginia federal court.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Bernstein Litowitz

Bonjean Law Group

Bryan Cave

Bursor & Fisher

Cleary Gottlieb

Clement & Murphy

Coburn & Greenbaum

Cravath Swaine

Davis Polk

Dentons

Dickinson Wright

Dressler Law Firm

Eisenberg & Schnell

Ellenoff Grossman

Elliott Sauter

Faegre Drinker

Freshfields

Gibbons PC

Glavin PLLC

Greenberg Traurig

Hilgers Graben

Holcomb & Ward

Jones Day

Kaplan Hecker

Kasowitz Benson

Katz Banks

Kaufman Dolowich

Keker Van Nest & Peters

Kirkland & Ellis

Labaton Keller

Latham & Watkins

Law Offices of Eric A. Shore

Lawson & Weitzen

Loeb & Loeb

McDermott Will & Emery

McElroy Deutsch

McGuireWoods

Mitchell & Sheahan

Morgan Lewis

Morrison Foerster

Munger Tolles

Nelson Mullins

Norton Rose

Orrick Herrington

Paul Hastings

Paul Weiss

Pearson Warshaw

Perkins Coie

Pillsbury Winthrop

Plunkett Cooney

Proskauer Rose

Quinn Emanuel

Robins Kaplan

Rothwell Figg

Saul Ewing

Schwartz Conroy

Sher Tremonte

Sidley Austin

Sperling & Slater

Stoel Rives

Sullivan & Cromwell

Taft Stettinius

The Law Firm of Cesar de Castro

Troutman Pepper

Vladeck Raskin

Wilson Sonsini

Winston & Strawn

COMPANIES IN TODAY'S NEWS

Alexander Capital LP

Allergan PLC

Amazon.com Inc.

Apple Inc.

Boston University

Brooklyn Law School

Citigroup Inc.

Commonwealth Edison Co.

Dominion Energy Inc.

Federalist Society

Financial Industry Regulatory Authority Inc.

Getty Images Holdings Inc.

Google LLC

Instagram Inc.

International Legal Finance Association

Jefferies Financial Group Inc.

Juniper Networks Inc.

Liberty Mutual Insurance Group

LifeLock Inc.

LinkedIn Corp.

MGM Grand Hotel LLC

MGM Resorts International

Major League Soccer LLC

Microsoft Corp.

Netflix Inc.

New York Daily News Co.

New York University

Oppenheimer Holdings Inc.

PG&E Corp.

Perceptive Advisors LLC

Pharmaceutical Care Management Association

SCANA Corp.

Sony Music Entertainment Inc.

Southeastern University

Temple University

The Boeing Co.

The Goldman Sachs Group Inc.

The New York Times Co.

TikTok Inc.

Time Inc.

Total Quality Logistics Inc.

Twitter Inc.

U.S. Chamber of Commerce

United Soccer League

United States Soccer Federation Inc.

UnitedHealth Group Inc.

University of Virginia

Walmart Inc.

World Wrestling Entertainment Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

City of New York

Defense Advanced Research Projects Agency

Federal Bureau of Investigation

Federal Judicial Center

Financial Crimes Enforcement Network

Illinois General Assembly

Los Angeles Superior Court

National Labor Relations Board

New York Attorney General's Office

New York City Police Department

New York State Assembly

U.S. Air Force

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the District of Massachusetts

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Defense

U.S. Department of Justice

U.S. District Court for the District of Connecticut

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. Navy

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Southern District of Ohio