Bill Ackman’s SPAC Hit With Lawsuit
The case contends that Ackman’s Pershing Square Capital Management is actually an investment company and should be regulated as such.
Florida Sues to Lift Ban on U.S. Cruise Sailings
“We don’t believe the federal government has the right to mothball a major industry for over a year, based on very little evidence and very little data."
Tech Groups Sue Maryland Over Online Ad Tax
The tax on the revenue from digital advertising services provided in Maryland is an "extraordinarily severe form of exaction," the suit says.
NRA Files Chapter 11 Amid Legal Battle With NY
Legal experts said the gun-rights group was likely maneuvering to thwart a suit in which New York State accuses its leaders of fraud.
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.
DoorDash Sued for Flouting Gig-Worker Law
The California lawsuit contends that the delivery company willingly misclassified employees to reduce business costs.
CMX Files Chapter 11 Amid Theater Shutdowns
The bankruptcy filing came shortly before a hearing in a suit seeking a court order that would compel CMX to close its acquisition of Star Cinema Grill.
Proxy Adviser Sues SEC Over New Guidance
Institutional Shareholder Services says its lawsuit is necessary to litigation to be necessary to "prevent the chill of proxy advisers’ protected speech."
Judge Sides With United in Expedia Contract Case
Expedia failed in its bid to maintain access to data for United flights scheduled after the companies' ticketing agreement expires.
Huawei CFO Alleges Illegal Detention in Canada
Legal experts say Meng Wanzhou's suit could be a play to influence the proceedings to extradite her from Canada to face criminal charges in the U.S.
Icahn Seeks Records on Dell, VMware Stock Deal
The activist investor says Dell has refused to disclose "much basic information" about its plan to go public by buying back the VMware tracking stock.