The Latest
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Federal court dismisses ExxonMobil lawsuit against activist shareholder
Judge Mark Pittman said “second time’s the charm” for Arjuna Capital, and ruled the case to be moot following the investor’s pledge to not submit climate proposals to the energy giant.
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Ex-Synchronoss CFO to pay $125k fine for accounting misconduct
Alongside the reimbursement of certain compensation to Synchronoss, the ex-CFO agreed to pay $125,000 in civil penalties without admitting or denying the SEC’s charges.
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Starbucks wins Supreme Court backing in unfair labor practice case
The unanimous ruling makes it more difficult for the NLRB to force companies to reinstate workers fired for union organizing.
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Screenshot: House Committee on Education and the Workforce/YouTube
Former NLRB chair Ring says agency is ‘rewriting’ federal labor law
The remarks come at a pivotal moment in U.S. labor law after several successful union drives nationwide and with NLRB’s Chair Lauren McFerran up for renomination.
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Opinion
Picking the best path for a career in eDiscovery
The eDiscovery space offers abundant economic and professional opportunities to those willing to put in the work.
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Chopra raises alarm on ‘financial surveillance’ at Senate hearing
“These plans to monetize sensitive financial transaction data are a reminder that the United States is slowly lurching toward more financial surveillance and even financial censorship,” CFPB Director Rohit Chopra said.
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Honolulu restaurant, HR company settle EEOC suit claiming co-owner targeted gay workers for harassment
The co-owner allegedly exposed his genitals at work, asked for oral sex and commented on male workers’ sexual orientation, EEOC said.
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In-house counsel compensation rose 4%, in line with inflation
Median compensation for in-house counsel rose modestly this year as the incidence of signing bonuses declined.
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Lawyers see AI helping them with relatively simple tasks for now
Most use of the technology is on the in-house side. Attorneys in law firms are more constrained, although they’re using it more, too, a survey shows.
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How a third-party auditor helps GCs lower outside counsel spend
In one business model, the service is said to be effectively free because the fee comes out of the savings that are generated.
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SEC asks organizations to complete diversity self-assessment
The agency said it will use the voluntary disclosures from its regulated firms to identify any trends and progress on diversity-related activities.
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Construction giant promotes GC to CLO
Melissa Beutler Withy, who has written and edited two books on construction law, first represented the company as a partner at a private law firm.
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Georgia General Mills plant’s leadership operated racist ‘fraternity,’ suit claims
One instance of intimidation against Black workers allegedly involved the use of General Mills’ brand mascots in a mural depicting them as generals for the Confederacy.
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Lawsuit says uniform employment screening can be discriminatory
Companies are advised to review their practices after EEOC goes after Sheetz for the disparate impact of a policy that treats all job applicants the same.
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Wells Fargo sued in alleged aid of $300M Ponzi scheme
The proposed class action claims that the lender, from 2011 until 2021, knew of a scheme that duped more than 1,000 investors, most of whom were seniors.
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As GCs focus on risk, legal operations grow in importance
A dedicated legal ops role is seen as integral to freeing up the energy of in-house legal leaders, a report indicates.
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FBI raids apartment manager as part of antitrust probe
The Atlanta-based owner and operator confirmed the search but said the company and its employees are not targets of the investigation.
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2 EU sustainability and human rights regulations enacted
The rules, which ban destruction of unsold textiles among other things, aim to redefine product standards and promote sustainability.
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New York races to pass BNPL bill
State lawmakers are negotiating three separate proposals related to the buy now, pay later industry ahead of the end of the legislative session on Thursday.
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In-house legal conferences for the second half of 2024
Sisanit’s list of conferences can help corporate counsel learn where to go for the latest on technology, operations and the law.
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Sierra Club, NRDC drop legal challenges to SEC climate rule
The two environmental groups have decided to focus resources elsewhere to improve climate-related financial disclosures.
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Poppi faces class action lawsuit for ‘prebiotic’ claims
The complaint, filed in a California district court, said aggregate claims in the suit amount to more than $5 million.
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GenAI could transform legal operations, but may not lower costs, experts say
Legal operations professionals are optimistic, but operational, billing and disclosure protocols have yet to be resolved.
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Managing risk by framing it as a business problem
Counsel hurt themselves by trying to get executives to pay attention solely to legal concerns, says an in-house specialist.
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Live Nation confirms Ticketmaster data breach after proposed class action
The breach, which reportedly exposed the personal data of more than 500 million consumers to the “dark web,” was the direct result of poor cybersecurity measures, the lawsuit alleges.