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FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'
The Los Angeles-based company defended its business practices and called the enforcement action "regulatory overreach."
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James Palmer
Regulatory
See More Stories'What Is Certain Is Uncertainty': Patchwork Title IX Rules Face Expected Changes in Second Trump Administration
"Educational institutions are expending so many resources putting systems in place, training their employees, educating their student bodies, and then having to do it all over again in a short period of time when regulations change as much as they have in 2020 and now 2024," said Patricia Hamill, a member with Clark Hill.
Moves
See More StoriesDiscover Hires Interim Legal Chief as $35B Sale to Capital One Faces New Hurdles
Discover had hoped to complete its sale before Hope Mehlman exits as legal chief Nov. 27. But Capital One recently acknowledged that completing the deal this year is no longer a possibility.
Tech Industry
See More StoriesTikTok Faces Liability for 'Blackout Challenge'
The so-called Blackout Challenge posted on TikTok dares people to self-asphyxiate until they lose consciousness.
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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Instant Insights
A National Conversation on Racism: the Legal Profession's Role in Driving Equality
March 08, 2023
To Improve DEI Outcomes, Firms Must Address Pitches and Work Allocation, Consultants Say
"We can't just be focused on events and activities, and we can't just be focused on changing hearts and minds," said Alexis Robertson, director of diversity, equity and inclusion at Foley & Lardner. "It has to be more of a systems-focused approach."
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Women, Influence & Power in Law (WIPL)
See More Stories'The Unheard of Superpower': How Women's Soft Skills Can Drive Success in Negotiations
"Sometimes, I find that men are very focused on, 'What is the win, and how do I win?' And I think women are focused on, 'How do I win, but how do I get there in a different way?'" said Deborah Solmor, general counsel of Gateway Foundation.
Surveys
See More Stories'What Is Certain Is Uncertainty': Patchwork Title IX Rules Face Expected Changes in Second Trump Administration
"Educational institutions are expending so many resources putting systems in place, training their employees, educating their student bodies, and then having to do it all over again in a short period of time when regulations change as much as they have in 2020 and now 2024," said Patricia Hamill, a member with Clark Hill.
