Legal

Legal

Engineer Gets 18 Months in Google Secrets Case

Anthony Levandowski had pleaded guilty to stealing thousands of files from Google's self-driving car program to benefit himself and Uber.

Matthew Heller
August 5, 2020
Artificial Intelligence

Machine Learning Startup Was a Sham, Says SEC

Founder Shaukat Shamim "drummed up interest in [YouPlus] by providing false information about its financial performance and customer base."
Artificial Intelligence

Tech Giants Sued Over Photos in Facial Recognition Database

Microsoft, Amazon, and Google allegedly used pictures collected without consent to train their technologies.
Regulation

High Court to Review Fannie-Freddie Dispute

At stake is the arrangement under which Fannie Mae and Freddie Mac have transferred their profits to the Treasury Department.
Regulation

Alexion Fined $21M in Foreign Corruption Probe

The SEC says the biotech firm made improper payments to Turkish and Russian officials to secure favorable treatment for its main drug.
Legal

Cisco Sued for Discrimination Based on Caste

The state of California alleges two Cisco managers harassed a fellow Indian-American employee because he comes from India's lowest caste.
Applications

Telegram to Return $1.2B to ICO Investors

The messaging startup agreed to return the funds to settle charges that its digital asset offering was an unregistered sale of securities.
Capital Markets

At-the-Market Offerings: A Good Option When Volatility Is High

An at-the-market program is a good way to diversify a company's capital-raising options, especially now.
Legal

DoorDash Sued for Flouting Gig-Worker Law

The California lawsuit contends that the delivery company willingly misclassified employees to reduce business costs.
Legal

Former eBay Employees Accused of Roach Attack

The ex-employees allegedly sent live cockroaches to the publishers of a newsletter as part of a campaign to deter them from "writing bad things" about eBay.
Legal

Avoiding the COVID-19 Wave of Securities Litigation

What might event-driven securities litigation during this period look like?
Disclosure

Argo Group Fined Over Perks to ‘Bon Vivant’ CEO

The SEC says the insurer failed to disclose more than $5.3 million in perks that it provided to former CEO Mark Watson from 2014 through 2018.
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