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They argued the pay package did what it aimed to do -- ensure the entrepreneur successfully guided Tesla through a critical period which helped drive the stock 10-fold higher. The Tesla shareholder lawsuit argues that the pay package should have required Musk to work full time at Tesla. In all, 19 witnesses are scheduled, including directors and executives from 2018, compensation experts and advisors who helped craft the pay package. Tesla has hit 11 of the 12 targets as its value ballooned briefly to more than $1 trillion from $50 billion, according to court papers. A decision will likely take around three months after the trial and could be appealed to the Delaware Supreme Court.

☆ Former top lawyer for Slack, Groupon joins Sullivan & Cromwell
▼ + stars: | 2022-11-14 | by ( Chinekwu Osakwe | Thomson Reuters | Chinekwu Osakwe Covers Legal Industry News With A Focus On Midsize Law Firms. Reach Her At Chinekwu.Osakwe Thomsonreuters.Com. | ) www.reuters.com time to read: +1 min

Law firms Sullivan & Cromwell LLP Follow(Reuters) - Sullivan & Cromwell has hired a former general counsel for Slack Technologies LLC, Groupon Inc and Salesforce.com Inc to join its Palo Alto office, the law firm said Monday. David Schellhase, who left his position at Slack in Aug. 2021 after almost five years, will be part of the firm's general practice group as of counsel. Before his time at Slack, Schellhase spent over a year as chief operating officer for software company Honest Work Corp. Schellhase said in a statement that he is eager to join the New York-founded law firm as the maturing technology industry seeks out legal expertise. Read More:Sullivan & Cromwell leads first-half M&A in slower 2022 for firm dealmakersSullivan & Cromwell antitrust co-head Holley departs for hedge fundOur Standards: The Thomson Reuters Trust Principles.

☆ Ex-special master in Giuliani case named watchdog of Trump Organization
▼ + stars: | 2022-11-14 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

New York state Attorney General Letitia James on Nov. 3 won a court order to appoint an independent monitor for the Trump Organization as part of her $250 million civil fraud lawsuit accusing Trump and the Trump Organization of overvaluing assets and Trump's net worth. Arthur Engoron, the Manhattan-based New York state supreme court judge overseeing the case, wrote in a court filing on Monday that Jones had confirmed in a telephone call that she will accept the appointment. In June 2021, Jones was selected as a court-appointed "special master" to review evidence seized from Giuliani as part of a probe into his business dealings in Ukraine. Trump and the Trump Organization had also recommended Kelly Donovan, a managing director at accounting firm KPMG and former lawyer with the New York state attorney general's office, as a possible candidate. Reporting by Luc Cohen in New York; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Circuit Court of Appeals in a filing that the ban from Twitter marked "overtly partisan censorship" and was "contrary to First Amendment principles deeply rooted in American history and law." His lawsuit seeks compensatory and punitive damages and a court order requiring Twitter to "immediately reinstate" his account that was permanently suspended on Jan. 8, 2021. A spokesperson for Trump did not immediately respond to a message seeking comment, and a Twitter spokesperson did not immediately reply. A lawyer for Trump, John Coale in Washington, told Reuters on Monday, "We want him to have the right to get back on" to Twitter. Donato also denied Trump's claim that Twitter was serving as a "state actor" when it banned his account.

Circuit Court of Appeals said Monday. Punchbowl Inc sued Punchbowl News' parent company, AJ Press LLC, for trademark infringement last year in Los Angeles federal court. The appeals court also agreed with the lower court that AJ Press' name was not misleading. Circuit Court of Appeals, No. For Punchbowl Inc: Peter Willsey of Brown RudnickFor Punchbowl News: Ian Ballon of Greenberg TraurigOur Standards: The Thomson Reuters Trust Principles.

Companies Tesla Inc FollowSAN FRANCISCO, Nov 14 (Reuters) - California prosecutors have asked a court to delay a trial for a Tesla (TSLA.O) Model S driver who faces manslaughter charges over a 2019 crash that left two people dead, according to court documents. Prosecutors want to push back the trial to late February or later, saying two police officers assigned to the case would be on medical leave and vacation. The Los Angeles County District Attorney's Office said the two sides will set a new date for the trial on Tuesday. In October, prosecutors charged Tesla driver Kevin George Aziz Riad of "vehicular manslaughter with gross negligence." Tesla was not charged in the case, but the company's claims about its partially automated driving systems are expected to be in focus.

REUTERS/Maria Alejandra CardonaNEW YORK, Nov 14 (Reuters) - No charges will be brought in a criminal investigation into business dealings in Ukraine by Rudy Giuliani, Donald Trump's former personal lawyer, the top U.S. prosecutor in Manhattan said in a court filing on Monday. In a sign that the investigation was winding down, FBI agents returned the seized electronic devices to Giuliani, his lawyer said in August. Giuliani, 78, also faces a state-level criminal investigation in Georgia over efforts by Trump and his allies to overturn his 2020 election loss to Biden. Giuliani in 2020 urged the state's lawmakers not to certify Biden's victory in Georgia. In August, Giuliani testified before a Fulton County grand jury after a judge ordered him to comply with a subpoena.

AbbVie and lawyers for the plaintiffs did not immediately respond to requests for comment. The lawsuit claims the settlements were so-called "pay for delay" deals that violated competition laws in 30 states and resulted in higher prices. The generic companies previously settled with the health plans for a combined $2 million. Allergan previously reached a $750 million settlement of antitrust allegations brought by direct purchasers of Namenda, such as drug distributors. The case is In re Namenda Indirect Purchaser Antitrust Litigation, U.S. District Court, Southern District of New York, No.

☆ Quinn Emanuel adds longtime SEC enforcement official in D.C., California
▼ + stars: | 2022-11-14 | by ( Chinekwu Osakwe | Thomson Reuters | Chinekwu Osakwe Covers Legal Industry News With A Focus On Midsize Law Firms. Reach Her At Chinekwu.Osakwe Thomsonreuters.Com. | ) www.reuters.com time to read: +1 min

CompaniesCompanies Law firms Quinn Emanuel Urquhart & Sullivan LLP Follow(Reuters) - Quinn Emanuel Urquhart & Sullivan said Monday that U.S. Securities and Exchange Commission official C. Dabney O'Riordan has joined the firm's SEC enforcement practice as a partner in Los Angeles and Washington, D.C.O'Riordan was the longest serving head of the SEC’s Division of Enforcement’s Asset Management Unit before leaving the agency in September, according to the 900-attorney firm. At Quinn Emanuel, she will represent asset managers that handle private funds including private equity managers, hedge fund managers, mutual fund advisors and ETF advisors, she said. “There’s a lot of rulemaking going on in the asset management space,” said O'Riordan, who joined the SEC in 2005. She also knew some of her new colleagues before joining, including co-chairs of the firm’s SEC enforcement defense practice, Michael Liftik and Sarah Heaton Concannon, O'Riordan said. Read more:Litigation giant Quinn Emanuel beefs up leadership, elevating DC, NY partnersOur Standards: The Thomson Reuters Trust Principles.

Representatives for Impossible Foods did not immediately respond to a request for comment on the decision. Redwood City, California-based Impossible Foods sued Motif, a Boston-based spinoff of biotech company Ginkgo Bioworks, in March. The court agreed with Impossible Foods that Hemami could still infringe the patents and allowed the claims to continue. Impossible Foods' patents may cover Hemami because it is produced using yeast and does not have any "direct animal provenance," Bryson said. The case is Impossible Foods Inc v. Motif Foodworks Inc, U.S. District Court for the District of Delaware, No.

The antitrust plaintiffs' lawyers, Shana Scarlett of Hagens Berman Sobol Shapiro and Stephen Swedlow of Quinn Emanuel Urquhart & Sullivan, on Monday did not immediately reply to a message seeking comment. A Facebook spokesperson did not immediately comment about whether the settlement might affect the antitrust case. The privacy settlement wrapped up allegations that Facebook continued to track users' web activity despite being logged out of the site. Facebook denied the privacy claims, and the company is fighting the allegations in the antitrust case. In the antitrust case, plaintiffs' lawyers at Hagens Berman and Quinn Emanuel Urquhart had asked Davila to include a sentence saying the resolution of the privacy settlement doesn't impact the antitrust litigation.

Companies United States of America FollowNov 14 (Reuters) - A U.S. appeals court has extended a block on President Joe Biden's administration from fulfilling his plan to cancel hundreds of billions of dollars in student loan debt at the urging of six Republican-led states, a court filing on Monday showed. Circuit Court of Appeals issued an injunction barring the U.S. Department of Education from erasing student loan debt as part of Biden's plan to deliver "life-changing relief" to tens of millions of borrowers. The court on Oct. 21 temporarily barred Biden's administration from discharging student loans while it considered an emergency request by the six states for an injunction. Debt forgiveness would eliminate about $430 billion of the $1.6 trillion in outstanding student debt and that over 40 million people were eligible to benefit, according to the nonpartisan Congressional Budget Office. The plan calls to forgive up to $10,000 in student loan debt for borrowers making less than $125,000 per year, or $250,000 for married couples.

Nov 14 (Reuters) - UK-founded law firm Linklaters on Monday said it has hired a finance-focused partner from Sidley Austin in New York to head its energy and infrastructure practice in the Americas. Ron Erlichman specializes in the financing and development of infrastructure projects, particularly renewable energy and carbon neutral projects, according to an archived profile on Sidley Austin’s website. Prior to Sidley, Erlichman co-chaired the project finance group at Houston-headquartered law firm Bracewell. Erlichman’s experience in the renewable energy and project finance practices “will be invaluable as we guide domestic and international clients through the rapidly changing and complex U.S. energy and infrastructure market,” Linklaters global energy and infrastructure group leader Daniel Tryer said in a statement. A Sidley Austin spokesperson did not immediately respond to a request for comment on Erlichman’s departure.

Nov 14 (Reuters) - Epic Games on Monday will try to overturn portions of a court ruling in an antitrust trial last year that largely favored Apple Inc (AAPL.O). The "Fortnite" creator sued Apple in 2020 alleging that the iPhone maker's App Store rules, under which software developers must pay commissions of up to 30% on in-app purchases, violated U.S. antitrust law. Apple appealed the order, and Epic appealed the finding that Apple did not violate antitrust laws. According to its court filings, Epic plans to argue that the trial judge did not properly interpret U.S. antitrust laws. Epic argues that such standard agreements are still subject to antitrust laws.

The committee on Oct. 22 sent Trump himself a subpoena to testify under oath and provide documents. Trump, who is considering another run for the presidency in 2024, has accused the panel of waging unfair political attacks on him. Circuit Court of Appeals on Oct. 22 declined to put the subpoena on hold while Ward appealed. Ward and her husband, Michael Ward, both signed their names on one of the slates of alternate electors for Trump. Supreme Court Justice Elena Kagan had temporarily put the subpoena on hold on Oct. 28 while the full court decided how to proceed.

CompaniesCompanies Law firms Gibson, Dunn & Crutcher Llp Follow(Reuters) - Gibson, Dunn & Crutcher said Monday that Gustav Eyler, who was a top U.S. Department of Justice consumer protection official, has joined the firm as a Washington, D.C.-based partner. Eyler, who practiced as a litigation associate at Los Angeles-founded Gibson Dunn earlier in his career, served for five years as director of the consumer protection branch of the Justice Department's civil division, where he oversaw more than 250 prosecutors and staff, the firm said. Gibson Dunn has made other recent hires to its Washington office, including two last week. At Gibson Dunn, Eyler said he plans to help clients facing government investigations, enforcement actions and related consumer class actions involving the life sciences, healthcare and consumer products sectors, and work with clients on data privacy matters. Read more:Law firm Steptoe hires U.S. Justice Dept senior antitrust lawyerJustice official to lead Jenner's congressional investigations teamOur Standards: The Thomson Reuters Trust Principles.

The case could have given the justices, had they decided to hear it, a chance to make it harder for consumers and other plaintiffs to receive class action status. The Reston, Virginia-based company, which produces StarKist Tuna, had asked the Supreme Court to consider whether plaintiffs could still win class action status in cases in which some of the members of the class were not injured by a company's alleged wrongdoing. Class action status allows a few plaintiffs to litigate on behalf of a much larger group rather than forcing individuals to litigate separately. Businesses fight to avoid cases winning class action status, which can expose them to massive potential damages and create pressure to settle. In 2019, a trial judge granted class action status to three separate groups of tuna buyers: direct purchasers such as national retailers and regional grocery stores; commercial food preparers; and individual consumers.

WASHINGTON, Nov 14 (Reuters) - The U.S. Supreme Court on Monday turned away another challenge to a federal ban imposed under former President Donald Trump on devices called "bump stocks" that enable a semi-automatic weapon to fire like a machine gun. The Supreme Court in 2019 declined to block the ban from going into effect. The justices last month rejected appeals by a Utah gun lobbyist and firearms rights groups of lower court rulings upholding the ban as a reasonable interpretation of a federal law prohibiting machine gun possession. Bump stocks use a gun's recoil to bump its trigger, enabling a semiautomatic weapon to fire hundreds of rounds per minute to let it shoot like a machine gun. Two sets of plaintiffs filed lawsuits seeking compensation for having to destroy or surrender their bump stocks in the Court of Federal Claims, which hears monetary claims against the U.S. government.

☆ I'm a social media influencer with millions of followers. Here's exactly how much I make from TikTok, YouTube, Instagram, and Facebook.
▼ + stars: | 2022-11-14 | by ( Jenna Gyimesi | ) www.businessinsider.com time to read: +4 min

This as-told-to essay is based on a conversation with Erika Kullberg, a finance social media creator with 9 million TikTok followers. TikTok: $290 (9 million followers)In September, I made a total of $290 from the creator fund on TikTok. It's important to remember that these numbers are just a small piece of how social media creators can make money. But, I don't post on social media for the money. And I choose to reveal how much I make on social media to increase transparency aroud money.

Nov 14 (Reuters) - Australia and New Zealand Banking Group (ANZ.AX) on Monday said it would contribute A$42 million ($28.10 million) to settle a class action lawsuit brought by law firm Slater & Gordon (SGH.AX) in 2020 over the sale of three consumer credit insurance products. The class action was filed against ANZ, QBE Insurance Australia (QBE.AX), OnePath Life, and OnePath General Insurance alleging that the entities made customers believe their policy payments were "compulsory or provided value to them", according to the law firm's website. ANZ said the settlement contribution is covered by a provision held as of Sept. 30. QBE Insurance, and OnePath Life and OnePath General Insurance, which are indirectly held by Swiss firm Zurich Insurance Group (ZURN.S), did not immediately respond to a Reuters request for comment. ($1 = 1.4948 Australian dollars)Reporting by Sameer Manekar in Bengaluru; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Nov 14 (Reuters) - Three of Australia's 'big four' banks settled separate class action lawsuits for A$126 million ($84.51 million) with Slater & Gordon (SGH.AX), who took the banks to court two years ago over sale of credit insurance products, the companies said on Monday. Law firm Slater & Gordon in 2020 filed class action lawsuits against Commonwealth Bank of Australia (CBA.AX), Westpac Banking Corp (WBC.AX), and Australia and New Zealand Banking Group (ANZ.AX) on behalf of around one million customers. ANZ, along with QBE Insurance, and OnePath Life and OnePath General Insurance, indirect units of Swiss firm Zurich Insurance Group (ZURN.S), will pay a total of A$47 million to their customers under the settlement, with ANZ contributing A$42 million, Slater & Gordon said. Westpac would pay A$29 million, subject to court's approval. ($1 = 1.4910 Australian dollars)Reporting by Sameer Manekar in Bengaluru; editing by Diane Craft and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

That ruling, widely known as “Chevron deference,” directs judges to defer to agencies’ interpretation of laws that may be ambiguous. The companies sued the federal government in 2020 over the monitors, who ensure the boats are complying with federal fishing laws. The precedent has been viewed with increasing skepticism in recent years, especially among conservatives, including Supreme Court Justice Neil Gorsuch. v. Gina Raimondo et al., United States Supreme Court, case No. For the fishing companies: Paul Clement, Andrew Lawrence and Chadwick Harper of Clement & MurphyFor the government: Counsel information not immediately availableOur Standards: The Thomson Reuters Trust Principles.

Nov 11 (Reuters) - A federal judge in Texas ruled on Friday that President Joe Biden's administration had wrongly interpreted an Obamacare provision as barring health care providers from discriminating against gay and transgender people. U.S. District Judge Matthew Kacsmaryk in Amarillo ruled that a landmark U.S. Supreme Court decision in 2020 holding that a law barring workplace discrimination protects gay and transgender employees did not apply to the healthcare law. "Title IX's ordinary public meaning remains intact until changed by Congress, or perhaps the Supreme Court," Kacsmaryk wrote. The Obama administration introduced rules in 2016 that made clear that LGBT people would be protected under the healthcare discrimination provision. In June, the Biden administration proposed a rule to once again enshrine such protections.

Law firms Quinn Emanuel Urquhart & Sullivan, LLP FollowNov 11 (Reuters) - Actor Alec Baldwin filed a lawsuit on Friday against the armorer and three other crew members over the deadly shooting on the set of the Western movie "Rust," in which a gun that Baldwin was using during rehearsal killed cinematographer Halyna Hutchins. Baldwin's cross complaint names armorer Hannah Gutierrez-Reed, first assistant director Dave Halls, prop supplier Seth Kenney and prop master Sarah Zachry. Attorneys for Gutierrez-Reed, Halls and Kenney did not immediately respond to requests for statements in their clients' defense. Baldwin's cross complaint alleges negligence and seeks damages to be determined at trial for the "immense grief" he endures. Hutchins was killed when a revolver Baldwin was rehearsing with during filming in New Mexico fired a live round that hit her and movie director Joel Souza, who survived.

The House committee investigating the attack of Jan. 6, 2021 had unanimously issued a subpoena for the Republican former president to appear on or about Nov. 14. Lawmakers had also extended through this week their initial Nov. 4 deadline for Trump to turn over any related documentation. In a Nov. 9 letter to the panel attached to the lawsuit, Trump's attorneys said he would "consider" whether providing written responses "would be appropriate." The letter said Trump "voluntarily directed a reasonable search for documents in his possession" but it "found no documents responsive to this request." The panel has not said how it will proceed if Trump disregards the subpoena request.

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