The chief counsel and compliance officer of a consulting firm used fake outside counsel invoices to wire money to himself and pay bills, Manhattan District Attorney Alvin Bragg alleges in an ...

Moments after Elon Musk bought Twitter in late 2022, one of his assistants fired the company’s four top executives for cause – citing gross negligence and willful misconduct – in what the executives ...

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 ...

Elon Musk did not receive Tesla compensation as a director but has been involved in a long-running dispute in McCormick’s court – which he has thus far lost – over a $56 billion pay package Tesla ...

Amid increasing matter volumes, many corporate law departments are struggling with capacity and need the assistance of external law firms, a Thomson Reuters report said. Many of the 40% of GCs who ...

The world of pirated books is being forced out of the shadows as Pulitzer-prize winning author Michael Chabon and other writers this week added a proposed class action to a growing list of lawsuits ...

The Securities and Exchange Commission fined 16 financial firms, including units of U.S. Bank, KeyBank and Huntington Bank, a total of $81 million as part of the regulator’s ongoing probe into ...

When the Securities and Exchange Commission announced settled charges against a board member last month for causing his company to file materially misleading statements, it put a spotlight on the role ...

The top 100 U.S. law firms charged clients an average of $961 an hour in the first nine months of 2023, a recent report found. The average blended rate billed by Am Law 100 firms is a 4.8% increase ...

Expect to spend twice as long preparing a filing under the Hart-Scott-Rodino merger review process under final guidelines released by the Federal Trade Commission and Department of Justice, an ...

Companies face an expanding field of employment liability issues that require careful legal consideration, issues ranging from the use of artificial intelligence in screening job applicants to remote ...

Verifying the credentials of job applicants and maintaining employee career records can be time-consuming, prone to errors and fragmented across different systems and departments. To handle these ...