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A corporate lawyer once trusted with confidential merger files inside some of America’s elite law firms has now emerged as a key witness in a sprawling insider trading investigation that federal authorities say operated quietly for years behind the polished walls of Big Law. Gabriel Gershowitz, formerly associated with Willkie Farr & Gallagher, admitted in …

Wall Street Deal Secrets at the Center of Expanding Insider Trading Crackdown Read More »

A fresh judicial setback has landed on President Donald Trump’s trade agenda, with a U.S. trade court declaring his recently imposed 10% global tariffs unlawful under a decades-old trade statute. Yet the ruling stopped short of dismantling the policy nationwide, limiting relief to only a handful of challengers. The decision from the U.S. Court of …

US Trade Court Clips Trump’s Tariff Push, But Leaves Most Duties Standing Read More »

A courtroom in Boston turned into a sharp examination of federal power on Wednesday as a U.S. judge openly questioned whether the Trump administration can simply pull the plug on billions in federal grants whenever political priorities change in Washington. At the center of the dispute is a little-known budget rule the administration says gives …

Judge Pushes Back as Trump-Era Grant Cuts Face Scrutiny in Boston Court Read More »

The Trump administration has opened a new legal front in America’s gun-rights battle, filing suit against Colorado over its long-standing restriction on firearm magazines capable of holding more than 15 rounds. The challenge, launched by the U.S. Department of Justice, seeks to dismantle a law Colorado enacted in 2013 after the mass shooting inside an …

Trump DOJ Targets Colorado’s Magazine Cap in Fresh Second Amendment Clash Read More »

Apple’s long-running courtroom war with Epic Games hit another wall on Wednesday after the U.S. Supreme Court declined to temporarily halt a ruling that found the tech giant in contempt over its handling of App Store payment rules. The decision keeps Apple on a collision course with a federal judge in California who has been …

Supreme Court Refuses Apple’s Bid to Freeze Epic Games Contempt Fight Read More »

A federal courtroom in Oakland turned into a window into OpenAI’s turbulent inner workings this week, as former chief technology officer Mira Murati described a leadership culture she said was marked by confusion, mistrust and competing narratives under CEO Sam Altman. Murati, appearing through recorded testimony in Elon Musk’s lawsuit against OpenAI, told the court …

Trial Testimony Pulls Back Curtain on OpenAI Power Struggles Read More »

A federal court in Georgia has handed the Trump administration a significant procedural victory by allowing the Justice Department to retain hundreds of boxes of 2020 election ballots seized earlier this year from Fulton County’s election facility. The ruling came from U.S. District Judge J.P. Boulee, who declined to order the return of the records …

Judge Allows FBI to Retain Fulton County’s 2020 Ballots Amid Renewed Election Probe Read More »

A sprawling insider trading operation allegedly fuelled by confidential merger documents stolen from elite law firms has triggered one of the largest securities fraud crackdowns in recent years in the United States. Federal prosecutors in Boston say the network ran quietly for nearly a decade, drawing in lawyers, traders and intermediaries who allegedly turned privileged …

Wall Street Tips, Secret Deal Files and a Decade-Long Trail: US Unveils Massive Insider Trading Crackdown Read More »

California’s top court appeared reluctant on Wednesday to open the door to a sweeping new legal obligation that could force pharmaceutical companies to continuously pursue “better” versions of already approved medicines. At the center of the dispute is biotechnology giant Gilead Sciences, now facing claims from nearly 24,000 HIV patients who argue the company intentionally …

California Court Signals Caution Over Expanding Liability for Drug Innovation Decisions Read More »

A newly minted Idaho law policing who can enter which restroom has run headfirst into a legal storm—barely weeks after it was signed. Six transgender residents have stepped forward to challenge the statute, filing a class-action case in federal court in Boise. Their argument cuts to the core of constitutional protections, claiming the measure violates …

Idaho’s Bathroom Law Lands in Court as Transgender Residents Push Back Read More »