TOP NEWS
Ibotta Misrepresented Kroger Deal, Shareholder Suit Alleges
By Sydney Price
Digital consumer discount company Ibotta Inc. was hit with a proposed shareholder class action claiming its registration statement for its April 2024 initial public offering omitted information regarding the nature of its relationship with grocery retailer The Kroger Co., prompting stocks to plummet when investors learned the relationship had ended.
Complaint attached |
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High Court Sets Arguments Over Birthright Pause
By Katie Buehler
The U.S. Supreme Court on Thursday ordered special oral arguments over President Donald Trump's bid to pause or limit three nationwide court orders prohibiting implementation of his executive order aimed at limiting birthright citizenship, keeping the president's mandate on hold until at least mid-May.
Order attached |
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POLICY & REGULATION
EXPERT ANALYSIS
LEGAL INDUSTRY
Sunoco Accused Of Age Bias By Ex-Chief Counsel
By Gina Kim
A former chief counsel for Sunoco LP sued her ex-employer in Texas state court Wednesday, alleging she was denied promotional opportunities and later terminated due to her age, while also accusing the company of replacing attorneys older than 50 with significantly younger attorneys with less experience.
Complaint attached |
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GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
Google and its chief legal officer have now lost two major antitrust cases to DOJ prosecutors after a federal judge ruled Thursday the search engine monopolized markets and servers related to display advertising. Meanwhile, a new study shows companies are disclosing their business risks, and how they are trying to mitigate those risks, amid changing tariffs and the uncertainty of the U.S.-China trade war. These are some of the stories in corporate legal news you may have missed in the past week.
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极速赛车's Legal Lions Of The Week
By Kevin Penton
Schlichter Bogard LLC and the University of Virginia School of Law Supreme Court Litigation Clinic lead this week's edition of 极速赛车 Legal Lions, after the U.S. Supreme Court revived a class action from Cornell University workers who said their retirement plans were saddled with excessive fees.
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