Bloomberg Law “Uber Technologies Inc. and Lyft Inc. agreed to back a state-supervised way for California drivers to unionize and collectively bargain on industry-wide pay and benefit guarantees, under a new legislative deal that provides the companies relief on insurance costs. Legislative leaders and Gov. Gavin Newsom (D) on Friday announced support for Read more
Bloomberg Law “Rivian Automotive Inc. must defend against shareholder allegations the electric-vehicle maker overstated demand based on misleading preorder backlog numbers. Investors sufficiently alleged that top executives were watching the backlog metrics “daily,” boosting an inference of intent or reckless disregard, Judge Consuelo B. Marshall said in an order entered Thursday. CEO Robert J. Read more
Bloomberg Law “A trade group for major internet providers aims to stop a Colorado law it alleges will “force” several leading social media websites to stop minor users from accessing protected speech. NetChoice, which advocates for free expression and commerce online, filed suit Thursday, asking the court to declare that Read more
Bloomberg Law “Robinhood Markets Inc. shares fell after OpenAI advised caution to customers taking advantage of the brokerage’s offer for access to equity “tokens” for the closely held company led by Sam Altman. The artificial-intelligence firm said the tokens offered by Robinhood aren’t company equity, and that OpenAI neither collaborated on nor endorsed the Read more
Reuters “Microsoft (MSFT.O, opens new tab has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model. Kai Bird, Jia Tolentino, Daniel Okrent and several others alleged that Microsoft used pirated digital versions of their books Read more
Bloomberg Law ” Retirees lack the basis to sue their former employers under the Americans with Disabilities Act for unlawful denial of post-employment benefits after leaving their jobs, the US Supreme Court ruled. The high court upheld a US Court of Appeals for the Eleventh Circuit order that Karyn Stanley lacked standing to sue Read more
Bloomberg Law “A global standard-setting board said Thursday that 14 countries will definitely use its new environmental, social, and governance reporting rules, with 36 jurisdictions in total working toward using them. The International Sustainability Standards Board published profiles of 17 countries that will use, or partially use, its reporting rules. Read more
Bloomberg Law “Breach of contract and consumer protection claims against Chipotle Mexican Grill Inc., by a customer who was given insufficient change by the restaurant during the pandemic’s coin shortage, were revived Friday by the Third Circuit. Chipotle said that James Rice modified the contract when he accepted the food Read more
Bloomberg Law “Education Corporation of America negligently failed to protect the personal information of people affiliated with its for-profit colleges in a data breach that hit the Thompson Coburn LLP law firm, a proposed federal class action said. Lead plaintiff Jonathan Burdette alleged in his complaint that ECA breached its Read more
Bloomberg Law “Peet’s Coffee Inc. convinced a federal judge to dismiss allegations that the company discriminates against the lactose intolerant by charging extra for non-dairy alternative milks. “Peet’s pricing policy is facially neutral and applies equally to customers who are not lactose intolerant but prefer non-dairy alternatives in their drinks,” Read more