Norfolk Southern Must Face Investors' Suit Over Safety Claims
By Matthew Santoni
A lawsuit claiming that Norfolk Southern executives propped up stock prices with false claims about the railroad's safety culture has survived the company's motion to dismiss, with a Georgia federal judge ruling Monday that those claims were specific enough to be material for investors who were allegedly deceived up until the 2023 derailment in East Palestine, Ohio.
Opinion attached |
Read full article »
| Save to favorites »
ENFORCEMENT
THIRD CIRCUIT
EXPERT ANALYSIS
LEGAL INDUSTRY
Paul Weiss Chair Defends Trump Deal Amid Outcry
By Aebra Coe
Paul Weiss Rifkind Wharton & Garrison LLP Chairman Brad Karp explained to the law firm's personnel on Sunday his decision to strike a deal with the Trump administration to avoid retribution related to the firm's selection of clients and DEI practices, a decision that has prompted public outcry among legal industry pundits and firm alumni.
2 documents attached |
Read full article »
| Save to favorites »
Trump Taps Morgan Lewis Atty To Lead OFCCP
By Grace Elletson
The Trump administration has selected a former Morgan Lewis & Bockius LLP attorney to lead the Office of Federal Contract Compliance Programs, with the lawyer promising Monday to uphold the president's mandate of stripping the agency's legal authority to investigate bias complaints against federal contractors.
Read full article »
| Save to favorites »
|