Business Law and Corporate Law

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Article
Southern District Of New York Grants Motion To Dismiss Securities Class Action Against Cancer Diagnostics Company With Prejudice
On March 13, 2026, Judge Valerie Caproni of the United States District Court for the Southern District of New York granted with prejudice a motion to dismiss a securities fraud putative class action against a cancer diagnostics and information services company (the “Company”), and four of its former senior officers, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), and Rule 10b-5 promulgated thereunder.
United States Commercial
AO
A&O Shearman
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Article
In-House Alumni Boston Private Capital Happy Hour
Proskauer's Boston office hosted an intimate cocktail reception for its in-house private capital alumni, bringing together former attorneys now working across various private capital sectors. The gathering provided a platform for professional dialogue on industry trends and personal reconnection, while reinforcing the firm's commitment to maintaining meaningful relationships with its alumni network.
United States Commercial
PR
Proskauer Rose LLP
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Article
Effort To Invalidate Original Utah App Store Act Voluntarily Dismissed Following Legislative Amendments
Utah's App Store Accountability Act has been amended through H.B. 498, expanding its scope to include pre-installed applications and introducing new compliance requirements for both app-store providers and developers. The amendments establish a dual-layer framework with refined definitions, enhanced age-verification obligations, and a developer-specific safe harbor provision, while shifting enforcement exclusively to a private right of action with potential damages of up to $1,000 per violation.
United States Media & IT
SR
McDermott Will & Schulte
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Article
An Assessment Of EPA’s Progress In Deploying Artificial Intelligence In Regulatory Decision-Making
The Trump administration has positioned artificial intelligence as a key tool for federal agency efficiency, with the EPA announcing plans to deploy AI across its regulatory functions. While implementation has been slower than anticipated, the agency is moving toward AI-assisted decision-making in areas ranging from enforcement targeting to scientific literature review, raising important questions about transparency, accountability, and compliance with the Administrative Procedure Act.
United States Environment
GT
Greenberg Traurig, LLP
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Article
Open-End Registered Funds Get A Seat At The Table: SEC Staff Extends Co-Investment Relief To All Registered Funds
On April 27, 2026, the staff ("Staff") of the SEC's Division of Investment Management closed that gap by issuing a no-action letter in response to a request from J.P. Morgan Investment Management Inc. ("JPMIM"), confirming that Open-End Registered Funds may rely on an Order as "Regulated Funds," subject to compliance with the Order's terms and conditions.
United States Commercial
ST
Simpson Thacher & Bartlett
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