Bloomberg Law “The US Supreme Court curbed the Securities and Exchange Commission’s ability to press complaints before in-house judges, saying defendants have a constitutional right to make their case to a federal jury when the agency is seeking financial penalties. The 6-3 decision could reduce the commission’s leverage to extract Read more…
Bloomberg Law “A Starbucks Corp. barista sufficiently alleged a hostile work environment claim against the coffee chain after saying it failed to punish a supervisor that would go on to sexually assault her when she was a teenager. The claim had been dismissed because the barista—M.H.—had said that Starbucks at Read more…
Bloomberg Law “A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation. US District Judge Margo Brodie in Brooklyn, New York said at a hearing Thursday Read more…
Bloomberg Law The US is opening antitrust investigations into two of the world’s most valuable companies, Microsoft Corp. and Nvidia Corp., over their dominance of the rapidly emerging field of artificial intelligence, according to people familiar with the matter. Microsoft has poured more than $13 billion into its partnership with Read more…