NEW YORK U.S. President Donald Trump bowed to political pressure and changed his immigration policy on Wednesday. In an executive order, the president said immigration officials would no longer separate migrant parents and children stopped at U.S. borders but would instead detain families together for as long as it takes to complete criminal or immigration proceedings against them.
Fujifilm filed a $1 billion complaint in Manhattan federal court Monday, accusing Xerox of breaching a $6.1 billion agreement that would have given the Japanese company control of its longtime joint venture partner. Fujifilm claims that when the Xerox board voted to terminate the transaction on May 13, it surrendered “to the whims of activist investors Carl Icahn and Darwin Deason,” who own a combined 15 percent of Xerox’s shares and now control the Xerox board. The Japanese company
The U.S. Supreme Court agreed Monday to review a decision by the 9th U.S. Circuit Court of Appeals that allowed consumers to sue Apple for allegedly using its monopoly power as the sole distributor of iPhone apps to drive up app prices. The case, as you can see from Apple’s petition for Supreme Court review (2017 WL 3393652), asks the justices to decide how the court’s precedent in 1977’s Illinois Brick v. Illinois (97 S.Ct. 2061) – which blocks federal-law antitrust damages claims b
In a newly unsealed motion, the plaintiffs’ firm Labaton Sucharow has asked U.S. District Judge Mark Wolf of Boston to consider stepping aside from an inquiry into a $70 million fee award to Labaton and other firms that obtained a $300 million class action settlement with State Street Bank. Labaton’s motion, originally filed last week under seal, argues that Judge Wolf has injected unsupported allegations of misconduct and public corruption into the inquiry, calling his impartiality
Attorney General Jeff Sessions has said the Obama-era Deferred Action for Childhood Arrivals program, which allows young people brought to this country illegally as children to apply for work permits and Social Security numbers, is an unconstitutional exercise of executive branch power. The U.S. government nevertheless continues to process renewal applications by DACA recipients in order to comply with sweeping injunctions issued by federal district judges in Brooklyn (279 F.Supp.3d
The obvious takeaway from the 11th U.S. Circuit Court of Appeals’ milestone ruling Wednesday in LabMD v. Federal Trade Commission (2018 WL 2714747) is that the FTC is probably going to have to tailor the conditions it imposes on companies it has accused of failing to safeguard consumer data. The 11th Circuit said the FTC’s cease and desist order against LabMD, a cancer-screening company that went out of business in the course of litigating against the commission, was unenforceable be
The Arkansas Teacher Retirement System is scheduled to inform U.S. District Judge Mark Wolf of Boston whether it wants to continue to serve as lead plaintiff in a $300 million class action against State Street by the end of the day on Wednesday, a week after an extraordinary hearing in which the judge questioned the fund’s executive director about ATRS’ relationship with the plaintiffs’ firm Labaton Sucharow and hinted he may not allow the fund to continue to lead the case because of
President Trump’s Justice Department is going to have an opportunity to convince an en banc appellate court to take away one of the most powerful tools available to Democratic state attorneys general and civil rights groups attempting to block presidential policies. On Monday, the 7th U.S. Circuit Court of Appeals granted DOJ’s petition for en banc review of an April 19 decision (888 F.3d 272) upholding a nationwide injunction against the Justice Department policy of withholding gran
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The bank that steered clear of the financial crisis breaks down after creating 2 mln fake accounts. New evidence undermines Donald Trump's claims few benefit from the U.S. economic recovery. And why Hanjin's corporate capsize may prompt attempts to fix to shipping-industry woes.