The NCAA said Thursday it has reached a settlement with the former college athletes who had filed an antitrust class action demanding billions in potential compensation allegedly denied to them for decades before the U.S. Supreme Court overturned the NCAA's compensation ban.
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NCAA, Athletes Settle NIL Class Action Over Billions In Pay

By David Steele

The NCAA said Thursday it has reached a settlement with the former college athletes who had filed an antitrust class action demanding billions in potential compensation allegedly denied to them for decades before the U.S. Supreme Court overturned the NCAA's compensation ban.

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Analysis

House Money: The Path To A Landmark NCAA NIL Settlement

By David Steele

The NCAA is expected to pay more than $2.7 billion to settle a yearslong antitrust class action lawsuit featuring hundreds of thousands of former college athletes who alleged the organization owed them for years of unpaid name, image and likeness compensation. Here, Law360 walks you down the winding path that led to the massive reported settlement.

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NCAA Can't Move Colo. Athlete Pay Case

By Daniel Ducassi

A Colorado federal judge on Thursday rejected a bid by the National Collegiate Athletic Association and collegiate athletic conferences to move athletes' compensation allegations to California, where two similar cases are being heard, highlighting the choice by named plaintiffs to have their claims heard in Colorado.

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NY Top Court Revives FanDuel Investors Suit

By Elliot Weld

New York's top appeals court on Thursday revived a suit brought by FanDuel investors who claim they were deprived of profits from a merger, disagreeing with a lower court's interpretation of Scottish law.

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RFK Jr.'s Anti-Vax Suit Against Wash. AG Tossed

By Greg Lamm

A Washington federal judge has dismissed a lawsuit brought by Robert F. Kennedy Jr. on behalf of NBA legend John Stockton trying to shield doctors who make anti-vaccine statements, ruling claims that a medical board probe has chilled speech are speculative.

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ENFORCEMENT & COMPLIANCE

Feds Nab Pair In $2M Sports, Pokémon Trading Card Scam

By Elliot Weld

Two Washington state men were charged Thursday in New York federal court with running a $2 million scheme to defraud buyers of sports and Pokémon trading cards by claiming low- or mid-grade cards were authentic and highly rated.

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LITIGATION

NFL Says Unsolicited-Text Suit Belongs In Arbitration

By Elaine Briseño

The NFL wants to force into arbitration a lawsuit filed by a New York woman frustrated with her inability to stop unwanted text messages from the football organization, citing a binding agreement she consented to when registering to receive notifications about the 2023 draft.

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DEALS

Oakland Coliseum Sold To Black-Led Biz Group For $105M

By Jade Martinez-Pogue

The City of Oakland has agreed to sell its share of the Oakland Coliseum to a group of Black community, business and investment leaders for a minimum of $105 million in a deal that the city said will pave the way for affordable housing units, outdoor space and future developments.

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Deals Rumor Mill: NY Yankees, Abu Dhabi Bank, Int'l Paper

By Al Barbarino

Yankees’ minority stake could hit the market, First Abu Dhabi could pay $8 billion for a stake in an Istanbul-based lender, and Suzano could sweeten its $15 billion bid for International Paper. Here, Law360 breaks down the notable deal rumors from the past week.

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EXPERT ANALYSIS

Is The State Lottery The New Online Casino?

The traditional lines of demarcation between smartphone lottery games and online casino games are eroding since the difference is largely indistinguishable to the casual gambler — begging the question of how legal treatment may differ between state lotteries and the private-sector casino industry, says Michael Peacock at Holland & Knight.

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LEGAL INDUSTRY

Analysis

Biden's Judicial Impact And What's Left On The Wish List

By Courtney Bublé

President Joe Biden secured confirmation of his 200th federal judge Wednesday and has transformed the judiciary by picking more women and people of color than any other president. But the upcoming election season could derail his hopes of confirming many more judges.

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Meet Biden's Latest Pennsylvania Picks For District Court

By P.J. D'Annunzio & Matthew Santoni

President Joe Biden has continued his trend of nominating public defenders to the federal bench, this time selecting two longtime defense attorneys to occupy vacancies in Pennsylvania.

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DOJ's Live Nation-Ticketmaster Suit: What You Should Know

The U.S. Department of Justice and a slew of state attorneys general filed a suit challenging the 2010 merger of Ticketmaster and Live Nation. Here, catch up on Law360's coverage of the deal and those who have challenged it along the way – Taylor Swift fans, investors and regulators.

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Exiled Chinese Businessman Is No $1B Fraudster, Jury Told

By Stewart Bishop

Exiled Chinese businessman and purported billionaire Guo Wengui ran legitimate companies in support of a broad movement that opposed the Chinese Communist Party, his attorney told a Manhattan federal jury Friday, rather than what prosecutors say was a multifaceted $1 billion fraud.

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Menendez, Kasowitz Firm Spar Over Subpoena To Cooperator

By Elliot Weld

Amid his bribery trial, U.S. Sen. Robert Menendez of New Jersey is urging a Manhattan federal judge to order a government cooperator to turn over communications involving his current counsel at Kasowitz Benson Torres LLP and his former attorneys.

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McElroy Deutsch Seeks Win Against Ex-CFO After Guilty Plea

By Rose Krebs

McElroy Deutsch Mulvaney & Carpenter LLP is urging a New Jersey state court to order its former chief financial officer to pay roughly $1.5 million damages for "unauthorized compensation" he paid himself and force him to disgorge $5.4 million in pay he received from the firm.

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Ex-DOJ Atty Clark Says He Was Denied A Fair Ethics Hearing

By Alison Knezevich

Former Justice Department official Jeffrey Clark was denied a fair hearing in his Washington, D.C., ethics case and should not face punishment, he told an attorney disciplinary committee in a Thursday filing.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Antitrust law took center stage this week as college general counsel try to figure out the what and how of paying student athletes under a new court ruling, and the U.S. Department of Justice is trying to break up the entertainment venue dominance of Live Nation and Ticketmaster.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen an IT engineer seek permission to search a landfill hiding a hard drive supposedly storing millions of pounds in bitcoin, Glencore take on legal action by American Century Investments, gold payment app Glint bring a breach of duty claim against FRP Advisory, and an ongoing dispute between a solicitor and the Solicitors Regulation Authority. Here, Law360 looks at these and other new claims in the U.K.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Using A Children's Book Approach In Firm Marketing Content

From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.

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COMPANIES IN TODAY'S NEWS

AXA SA

AXA XL Ltd.

Academy Sports & Outdoors Inc.

American Gaming Association

Atlantic Coast Conference

Atlantic Global Insurance Services

Avolon Holdings Ltd.

Bank of America Corp.

Bayerische Motoren Werke AG

Boehringer Ingelheim

Boehringer Ingelheim Vetmedica Inc.

British Broadcasting Corp.

Children's Health Defense

Defender Association of Philadelphia

Deloitte Touche Tohmatsu Ltd.

EMCOR Group Inc.

EQT AB

EQT Corp.

ESPN Inc.

Equinor ASA

Exxon Mobil Corp.

FanDuel Inc.

Ferrari SpA

First Abu Dhabi Bank PJSC

Ford Motor Co.

Fordham University

Galp Energia SGPS SA

Glencore PLC

Greenwood Gaming & Entertainment Inc.

HSBC Holdings PLC

Icertis Inc.

Integrys Energy Group Inc.

Jubilee Holdings Ltd.

KKR & Co. Inc.

LinkedIn Corp.

Live Nation Entertainment Inc.

Major League Baseball Inc.

Major Lindsey & Africa LLC

Mediterranean Shipping Co. SA

Mercedes-Benz USA LLC

MilliporeSigma

Mondelez International Inc.

NBCUniversal Media LLC

NFL Enterprises LLC

National Collegiate Athletic Association

New York Yankees

Norfolk Southern Corp.

Oakland Athletics

Pac-12 Enterprises LLC

Paddy Power Betfair PLC

Paysafe Group PLC

Pegasus Capital Advisors LP

PetroChina Company Limited

QBE Insurance Group Ltd.

Reliance Industries

San Francisco Giants

Shamrock Capital Advisors LLC

Shell PLC

Solicitors Regulation Authority Ltd.

Space Exploration Technologies Corp.

Swissport International Ltd.

Tesla Inc.

The District of Columbia Bar

The New York Times Co.

The Walt Disney Co.

TotalEnergies SE

University of Virginia

Wells Fargo & Co.

YouTube Inc.

LAW FIRMS IN TODAY'S NEWS

ArentFox Schiff

Bartlit Beck

Brownstein Hyatt

Burnham & Gorokhov

Caldwell Carlson

Clifford Chance

Clyde & Co

Cooley LLP

Crowell & Moring

DWF LLP

Dapeer Law

Davidoff Hutcher

Davis Polk

Duane Morris

Eversheds Sutherland

Fieldfisher

Fish & Richardson

Fox Rothschild

Fox Williams

Gateley PLC

Greenberg Traurig

Hagens Berman

Hamlins LLP

Harris St. Laurent

Hill Dickinson

Hiraldo PA

Holland & Knight

Horwich Farrelly

Howes Percival

JMW Solicitors LLP

Jones Day

Kasowitz Benson

KaurMaxwell

King & Spalding

Kirkland & Ellis

Korein Tillery

Latham & Watkins

Lewis Roca

Marino Tortorella

Mayer Brown

McDonald & MacGregor

McElroy Deutsch

McKool Smith

Michael Best & Friedrich LLP

Olson Grimsley

Pallas Partners

Paul Hastings

Penningtons Manches

Poole Huffman

Potter Clarkson

Proskauer Rose

Pryor Cashman

Quinn Emanuel

Reed Smith

Robinson Bradshaw

Rosen Hagood

Saporito Falcone

Sidley Austin

Skadden Arps

Spector Roseman

Spencer Fane

Welsh & Recker

Wheeler Trigg

Wilkin Chapman

Wilkinson Stekloff

Williams & Connolly

Winston & Strawn

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

European Commission

European Union

Federal Bureau of Investigation

Federal Communications Commission

National Labor Relations Board

New Jersey Legislature

Pennsylvania Supreme Court

U.S. Attorney's Office for the Southern District of New York

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Middle District of Pennsylvania

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the District of Colorado

Washington Attorney General's Office

World Health Organization