A federal judge disqualified institutional investors and a state board as lead plaintiffs in the Kyndryl securities class action due to unique defenses related to their trading patterns, appointing a union pension trust instead.
Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefit Funds v. Kyndryl Holdings, Inc. et al
A federal judge in Manhattan ruled Tuesday that former Palantir Technologies employees must arbitrate their dispute with the software company, rejecting the firm’s attempt to keep its lawsuit in court over alleged breaches of non-compete...
Palantir Technologies, Inc. v. Jain et al
A Southern District of New York judge approved a stipulated protective order in a Verizon class action, prohibiting parties from uploading discovery materials to public generative AI tools or using such data to train public models.
FritzCo LLC et al v. Verizon Communications Inc. et al
Judge Paul Oetken stays enforcement of an arbitration award in favor of Qatar Pharma pending the outcome of Saudi Arabia’s challenge to annul the ruling in English courts.
Qatar Pharma For Pharmaceutical Industries, W.L.L. et al v. The Kingdom of Saudi Arabia