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Biote Investors Sue Cooley, SPAC After Huge Merger Loss
by Gunnar Larson 08 Jun '24

08 Jun '24

Biote Investors Sue Cooley, SPAC After Huge Merger Loss <https://www.law360.com/legalethics/articles/1845076?nl_pk=153d4a8a-6fb9-4a5…> By Katryna Perera Family trust investors in Biote Corp. have sued Cooley LLP and the "hormone optimization" company's top brass over the $700 million merger Biote completed with a special purpose acquisition company, saying the deal was a "disastrous transaction to divert approximately $70 million of merger consideration to themselves and gain control of an enterprise they did not build." Read full article » <https://www.law360.com/legalethics/articles/1845076?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1845076?nl_pk=153d4a8a-6fb9-4a5…>

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CFPB Cautions Firms Against Contractual 'Fine Print Tactic'
by Gunnar Larson 08 Jun '24

08 Jun '24

CFPB Cautions Firms Against Contractual 'Fine Print Tactic' <https://www.law360.com/banking/articles/1843969?nl_pk=feb6bbba-7878-4d39-be…> By Jon Hill The Consumer Financial Protection Bureau on Tuesday warned banks and other financial services firms against trying to "trick" consumers with unenforceable waivers in their customer contracts, saying their use of certain contractual terms and conditions can open them up to supervisory or enforcement action. 1 document attached | Read full article » <https://www.law360.com/banking/articles/1843969?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1843969?nl_pk=feb6bbba-7878-4d39-be…>

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NFL Sunday Ticket Is A Rigged Game, Antitrust Jury Told
by Gunnar Larson 08 Jun '24

08 Jun '24

NFL Sunday Ticket Is A Rigged Game, Antitrust Jury Told <https://www.law360.com/competition/articles/1845250?nl_pk=6416fd97-1dc4-4e0…> By Craig Clough An attorney for NFL Sunday Ticket subscribers told a California jury Thursday during opening statements of a multibillion-dollar antitrust suit that secret documents will prove the NFL engaged in anticompetitive behavior, and the trial would reveal the "darker side of the NFL behind the shield." Read full article » <https://www.law360.com/competition/articles/1845250?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1845250?nl_pk=6416fd97-1dc4-4e0…>

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Transport Monopoly Indictment Is Deficient, Accused Says
by Gunnar Larson 08 Jun '24

08 Jun '24

Transport Monopoly Indictment Is Deficient, Accused Says <https://www.law360.com/competition/articles/1845004?nl_pk=6416fd97-1dc4-4e0…> By Rae Ann Varona One of 12 individuals who U.S. federal prosecutors claim conspired to monopolize cross-border sales of used vehicles and other goods from the U.S. to Central America using violence has moved to dismiss antitrust charges, saying prosecutors omitted elements of an indictable offense. Motion attached | Read full article » <https://www.law360.com/competition/articles/1845004?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1845004?nl_pk=6416fd97-1dc4-4e0…>

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Ameriprise Says Father-Son Ex-Reps Stole Client Info
by Gunnar Larson 08 Jun '24

08 Jun '24

Ameriprise Says Father-Son Ex-Reps Stole Client Info <https://www.law360.com/banking/articles/1844630?nl_pk=feb6bbba-7878-4d39-be…> By Sydney Price Ameriprise Financial seeks a restraining order against two former employees, a father-son duo, and their new employer, saying the men took boxes of confidential documents "in the dark of the night" to transfer to their new roles. Complaint attached | Read full article » <https://www.law360.com/banking/articles/1844630?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1844630?nl_pk=feb6bbba-7878-4d39-be…>

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Pension Funding Levels 'Stable' Ahead Of Looming Election
by Gunnar Larson 08 Jun '24

08 Jun '24

Pension Funding Levels 'Stable' Ahead Of Looming Election <https://www.law360.co.uk/financial-services-uk/articles/1844889?nl_pk=a94fc…> By Joel Poultney The political party that wins the July 4 general election will is likely to operate within an environment of stable funding for retirement savings plans, a consultancy said Thursday, as it highlighted the "relatively" consistent levels of funding in the past year. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1844889?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1844889?nl_pk=a94fc…>

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Calif. Judge Pauses Wells Fargo Investor Row Over State Case
by Gunnar Larson 08 Jun '24

08 Jun '24

Calif. Judge Pauses Wells Fargo Investor Row Over State Case <https://www.law360.com/banking/articles/1844855?nl_pk=feb6bbba-7878-4d39-be…> By Grace Dixon A California federal judge has paused a pension system's proposed class action accusing top Wells Fargo & Co. officers of enabling a "culture of lawlessness," making way for a state court suit that alleges similar wrongdoing. Order attached | Read full article » <https://www.law360.com/banking/articles/1844855?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1844855?nl_pk=feb6bbba-7878-4d39-be…>

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AI Co. UiPath's $70M Award Over Chinese Code Theft OK'd
by Gunnar Larson 08 Jun '24

08 Jun '24

AI Co. UiPath's $70M Award Over Chinese Code Theft OK'd <https://www.law360.com/newyork/articles/1844306?nl_pk=ac5a3855-e47c-4403-be…> By Joyce Hanson A New York federal judge has affirmed an unopposed $70 million arbitration award in favor of U.S. artificial intelligence software and robotic process automation company UiPath against a China-based competitor over allegedly stolen source code. 2 documents attached | Read full article » <https://www.law360.com/newyork/articles/1844306?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1844306?nl_pk=ac5a3855-e47c-4403-be…>

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Paxton Blasts Firing Suit Probe As 'Lobbying' Move
by Gunnar Larson 08 Jun '24

08 Jun '24

Paxton Blasts Firing Suit Probe As 'Lobbying' Move <https://www.law360.com/legalethics/articles/1845159?nl_pk=153d4a8a-6fb9-4a5…> By Lynn LaRowe The Texas Attorney General's Office has asked the state's Supreme Court to shut down whistleblowers' attempt to depose Attorney General Ken Paxton and several high-ranking staffers, saying the tactic is designed to persuade lawmakers to fund a judgment in the case when he is not contesting their claims. Brief attached | Read full article » <https://www.law360.com/legalethics/articles/1845159?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1845159?nl_pk=153d4a8a-6fb9-4a5…>

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In 13-Year Trademark Fight, Chicago Judge Says No More
by Gunnar Larson 08 Jun '24

08 Jun '24

In 13-Year Trademark Fight, Chicago Judge Says No More <https://www.law360.com/legalethics/articles/1844846?nl_pk=153d4a8a-6fb9-4a5…> By Andrew Karpan A Chicago federal judge brought to a close a trademark fight between two vaping companies surrounding the phrase "21st Century Smoking" that has stretched on for over a decade and led to millions of dollars in sanctions over thousands of deleted emails and long-hidden documents. Memorandum attached | Read full article » <https://www.law360.com/legalethics/articles/1844846?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1844846?nl_pk=153d4a8a-6fb9-4a5…>

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