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FTC Could Decide on Google Probe This Week
The Federal Trade Commission could make a final decision in its long-running antitrust probe of Google this week, before one of the agency's five commissioners leaves office.
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Guilty Plea in Dinosaur Import Case
A commercial paleontologist who admitted he made "vague and misleading" statements in connection with the importation of dinosaur fossils faces up to 10 years in prison.
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Jury Finds Marvell Owes $1.17 Billion in Patent Case
A jury found chip maker Marvell Technology should pay nearly $1.17 billion for infringing patents held by Carnegie Mellon. If the decision stands, it would rank among the largest patent awards.
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Analyst Named in Insider Case
Federal prosecutors accused a former research analyst arrested in Hong Kong over the weekend of giving confidential tips about a $1.2 billion acquisition by IBM and making about $8,000 ahead of the deal.
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Toyota Deal's Big Payday for Seattle Law Firm
Hagens Berman, a Seattle-based law firm, stands to receive a big payday in a proposed $1.1 billion settlement with Toyota over complaints of unintended acceleration in its vehicles.
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Hedge Fund Sues SandRidge Energy
TPG-Axon Capital said it sued SandRidge Energy over a proposed bylaw change and said it would seek to replace the Oklahoma City company's board.
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After Divorce, Degree Is Costly
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MF Global Trustees Reach Deal
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Judge Clears BP Payout to Businesses, Individuals
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New Jersey Bid to Offer Sports Bets Gets Setback
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Judge Blasts IBM, SEC Bribery Settlement
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Bankruptcy Beat
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The Daily Docket: A123 Creditors Look to Hire Lobbyists
Creditors of A123 Systems Inc. are seeking to hire a lobbying firm in an attempt to stop political forces from derailing a sale deal.
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Happy Holidays From Bankruptcy Beat!
Santa's workshop may be talking about bankruptcy this Christmas, but Bankruptcy Beat is taking a little breather.
- The Broke and the Beautiful: Lampoon Edition
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Law Blog
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Have a Beef With Instagram? A Civil Suit Might Be Off Limits
Instagram users who agree to the new Terms of Use (alternatively, they can disagree and delete their accounts) won't have the option of joining a class action to settle any legal claims against the firm.
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Judge Nixes Request Over Targeted Killings (But Doesn't Enjoy It)
A federal judge in Manhattan has reluctantly denied a bid to make public documents outlining the Obama administration's legal justification so-called targeted killing of suspected terrorists with unmanned drones or by the U.S. military.
- Background Checks for Guns Hit Record High in December
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Chief Justice Roberts Defends Judiciary's Costs
Chief Justice John Roberts, acknowledging the "fiscal cliff," avoided lobbying for a judicial pay raise in his annual report on the U.S. court system but sought to defend the courts against future cutbacks.
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Gene Patents Face Reckoning
Last year, Quest Diagnostics spent $740 million to buy a company that owns rights to some patents on human genes. So the prospect of a Supreme Court ruling in 2013 striking down such patents might seem scary.
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Rajaratnam Pays $1.45 Million Over Gupta Insider Tips
Jailed hedge-fund manager Raj Rajaratnam agreed to pay $1.45 million to resolve a civil SEC lawsuit related to his alleged insider trading based on tips from Rajat Gupta, the onetime head of McKinsey.
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Toyota to Pay $1.1 Billion to Settle Suit
Toyota agreed to pay about $1.1 billion to install new safety equipment and reimburse owners of up to 16 million cars to settle a U.S. class-action suit involving complaints of unintended acceleration.
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Legal Maze's Murkiest Corners
In-house legal chiefs at top companies cited a new federal program that lets the SEC pay bounties to whistleblowers for tips, a strict U.S. foreign-bribery law and patent litigation as their main concerns for the new year.
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Comings & Goings
Comings & Goings
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Madoff's Brother Sentenced to 10 Years
A federal judge sentenced Peter Madoff to 10 years in prison for his actions as the top compliance officer at his older brother's investment firm.
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Child Web Privacy Law Gets Updated
The FTC broadened rules governing children's online privacy but backed away from proposals that could have made companies more responsible for violations.
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