The U.S. Department of Justice sued Live Nation Thursday over the 2010 agreement clearing the concert promotion giant's purchase of Ticketmaster, an oft-maligned deal that enforcers now want to unwind and that is blamed for fiascoes like the meltdown of ticket sales for Taylor Swift's Eras tour.
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DOJ Sues Live Nation 14 Years After Ticketmaster Deal

By Bryan Koenig

The U.S. Department of Justice sued Live Nation Thursday over the 2010 agreement clearing the concert promotion giant's purchase of Ticketmaster, an oft-maligned deal that enforcers now want to unwind and that is blamed for fiascoes like the meltdown of ticket sales for Taylor Swift's Eras tour.

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Latham, Cravath Rep Live Nation In DOJ Ticketmaster Battle

By Hannah Albarazi

In the battle against the U.S. Department of Justice's push to break up Live Nation and Ticketmaster, the concert promotion and ticketing company has called upon a team of attorneys at Cravath Swaine & Moore and Latham & Watkins to go up against a large roster of highly experienced government antitrust attorneys.

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Length A 'Red Herring' In Black Student's Hair Bias Case

By Catherine Marfin

A Black Texas high school student claiming his Houston-area district is discriminating against him for wearing his hair in locs told a Galveston judge Thursday the district forces students to choose a religion if they want to style their hair outside the district's dress code, as he fought off multiple dismissal bids.

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Astroworld Death Claims Close As 9-Year-Old's Family Settles

By Catherine Marfin

The family of the youngest Astroworld victim have settled their case, an attorney for the family said Thursday, bringing the end of all wrongful death litigation stemming from the crowd crush at the 2021 music festival.

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FirstKey Sanctioned For Trying To Coerce Workers In OT Suit

By Spencer Brewer

A Texas federal judge sanctioned FirstKey Homes LLC for issuing coercive communications to employees in an apparent effort to steer them from joining a proposed wage and hour class action, finding Wednesday the only purpose the company had was "attempting to undermine the collective action in this case."

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Influencer Can't Duck SEC Suit Over Crypto Sale, Promotion

By Sydney Price

The U.S. Securities and Exchange Commission scored a partial win in a Texas federal court case in which the agency accused an influencer of unlawfully reselling and promoting cryptocurrencies to followers on social media, with a judge finding the tokens were unregistered securities and the promoter could not escape liability in the lawsuit.

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Ex-Judge Pushed False Narrative On Atty Romance, Firm Says

By Jake Maher

U.S. Bankruptcy Judge David R. Jones of Texas, who resigned last year after his secret relationship with a Jackson Walker LLP partner was revealed, attempted to head off rumors about the relationship by asking the firm to file a false, partial disclosure in 2022, the firm alleged.

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ENFORCEMENT

Ex-Fund Manager Settles SEC's $264M Offering Fraud Claims

By Emilie Ruscoe

A former private fund manager has agreed to pay $250,000 to resolve U.S. Securities and Exchange Commission claims he violated securities fraud laws by making promises that funds he handled would invest almost $264 million that they did not actually have on hand in issuers, including two special purpose acquisition vehicles.

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LITIGATION

22 States Seek To Defend EPA Heavy-Duty Truck GHG Rule

By Madeline Lyskawa

A coalition of 22 Democrat-led states and four cities moved to intervene on Thursday in defense of the U.S. Environmental Protection Agency's final rule establishing greenhouse gas emission standards for heavy-duty vehicles, arguing that vacating the rule would lead to direct injuries to state lands and resources.

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Big Banks Hit With Claims Of Turning Man Into 'Money Mule'

By Spencer Brewer

A wealthy Texas entrepreneur says Morgan Stanley, Merrill Lynch, Charles Schwab and Deutsche Bank turned him into a "money mule" by using his accounts to launder billions of dollars over multiple decades, alleging a conspiracy also involving his family and a prominent lawyer that cost him millions.

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Bell, Boeing Face Suit Over Marines Killed In Osprey Crash

By Mike Curley

The families of four of the five marines killed in the June 2022 crash of an Osprey V-22 aircraft sued Bell Textron Inc., The Boeing Co. and Rolls-Royce Corp. Thursday in California federal court, alleging defects in the aircraft led to the fatal crash.

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AdTech Co. Faces Suit As Google's Cookie Support Crumbles

By Emilie Ruscoe

Advertising company Direct Digital Holdings Inc. faces a proposed investor class action alleging it mismanaged its response to an impending major technological change affecting how digital advertisers can target consumers.

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FIFTH CIRCUIT

5th Circ. Won't Fast-Track Challenge To DOL's OT Rule

By Irene Spezzamonte

The Fifth Circuit won't speed up a Dairy Queen franchisee's challenge to the U.S. Department of Labor's decision to increase the salary threshold for a Fair Labor Standards Act overtime exemption, turning down the entity and its owner's bid to expedite the appeal.

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Feds Ask 5th Circ. To Weigh Highway GHG Rule Vacatur

By Linda Chiem

The Biden administration has asked the Fifth Circuit to review a Texas district court's recent decision vacating a Federal Highway Administration rule that would've required states to set targets for reducing greenhouse gas emissions from federally funded highway projects.

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BANKRUPTCY

Houston Law Firm Wants To DQ Creditors' Counsel In Ch. 11

By Daniel Connolly

Troubled MMA Law Firm PLLC is seeking to stop another firm from representing its bankruptcy creditors, arguing that MMA's principal had previously spoken with the other firm as a prospective client and had shared confidential information that now could be used against his firm.

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INTELLECTUAL PROPERTY

Old Case Can't Nix $181M AT&T, Nokia Verdict, Fed. Circ. Told

By Adam Lidgett

Finesse Wireless LLC pushed back at the Federal Circuit against AT&T and Nokia's appeal of a more than $181 million verdict in Texas federal court for infringing Finesse's patents on reducing radio frequency interference, saying the companies' reliance on a 140-year-old Supreme Court case was misplaced.

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DEALS

Virtual Reality Startup's $150M SPAC Merger Is Scrapped

By Jade Martinez-Pogue

Blank-check company Maquia Capital Acquisition Corp. and virtual reality software provider Immersaid have mutually agreed to cancel their planned merger that would have taken Immersed public at an estimated $150 million valuation.

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Micron Owes $445M In Netlist Chip Patent Case, Jury Says

By Lauren Berg

Micron Technology Inc. willfully infringed a pair of Netlist computer memory patents, a Texas federal jury determined Thursday, saying the chipmaker owes $425 million in damages for one patent and $20 million for the other.

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EXPERT ANALYSIS

FTC Noncompete Rule Risks A Wave Of State AG Actions

The Federal Trade Commission's final rule language banning noncompetes may contribute to a waterfall enforcement effect in which state attorneys general deploy their broad authority to treat noncompetes as separate and independent violations, say Ryan Strasser and Carson Cox at Troutman Pepper.

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The State Of Play In DEI And ESG 1 Year After Harvard Ruling

Almost a year after the U.S. Supreme Court decided Students for Fair Admissions v. Harvard, attorney general scrutiny of environmental, social and governance-related efforts indicates a potential path for corporate diversity, equity and inclusion initiatives to be targeted, say attorneys at Crowell & Moring.

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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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LAW FIRMS IN TODAY'S NEWS

Arnold & Itkin

Baker Botts

Barnes & Thornburg

Bathaee Dunne

Beatty Navarre

Ben Crump Law

Block & Leviton

Burnham & Gorokhov

Caldwell Carlson

Clement & Murphy

Clifford Chance

Clyde & Co

Cravath Swaine

Crowell & Moring

DWF LLP

Davidoff Hutcher

Davis Polk

Duane Morris

Eversheds Sutherland

Fieldfisher

Fish & Richardson

Fox Rothschild

Fox Williams

Gateley PLC

Glenn Agre

Greenberg Traurig

Hamlins LLP

Harris St. Laurent

Hausfeld LLP

Hill Dickinson

Holland & Knight

Homer Bonner

Horwich Farrelly

Howes Percival

Hunton Andrews

Irell & Manella

JMW Solicitors LLP

Jackson Walker LLP

Jones Day

Kane Russell

Kasowitz Benson

KaurMaxwell

Kendall Law Group PLLC

Kirkland & Ellis

Latham & Watkins

Law Offices of Allan M. Lerner

Lyons & Simmons

Marino Tortorella

McDonald & MacGregor

McElroy Deutsch

McKool Smith

Michael Best & Friedrich LLP

MoloLamken

Norton Rose

Okin Adams

Pallas Partners

Paul Hastings

Paul Weiss

Penningtons Manches

Poole Huffman

Potter Clarkson

Pryor Cashman

Reed Smith

Robbins Geller

Rogers Morris & Grover

Rosen Hagood

Saporito Falcone

Spencer Fane

Susman Godfrey

Troutman Pepper

Walker and Patterson

Ward Smith

Ward and Smith

Welsh & Recker

Wilkin Chapman

Williams & Connolly

Wills Law Firm PLLC

Winston & Strawn

Wisner Baum

COMPANIES IN TODAY'S NEWS

AXA SA

AXA XL Ltd.

Academy Sports & Outdoors Inc.

Amgen Inc.

Apple Inc.

Atlantic Global Insurance Services

Avolon Holdings Ltd.

Bank of America Corp.

Bayerische Motoren Werke AG

BlackRock Inc.

Boehringer Ingelheim

Boehringer Ingelheim Vetmedica Inc.

Booz Allen Hamilton Holding Corp.

British Broadcasting Corp.

CVS Health Corp.

Corteva Inc.

Cox Communications Inc.

Defender Association of Philadelphia

Deloitte Touche Tohmatsu Ltd.

Deutsche Bank AG

DuPont de Nemours Inc.

EMCOR Group Inc.

Edison Electric Institute Inc.

Electronic Arts Inc.

Emerson Electric Co.

Ferrari SpA

FirstKey Homes LLC

Ford Motor Co.

Fordham University

Glencore PLC

Google LLC

HSBC Holdings PLC

Horizon Therapeutics PLC

Icertis Inc.

Idaho Power Company

Illumina Inc.

Integrys Energy Group Inc.

International Brotherhood of Boilermakers Iron Ship Builders Blacksmiths Forgers & Helpers

International Brotherhood of Electrical Workers

JetBlue Airways Corp.

Jubilee Holdings Ltd.

Live Nation Entertainment Inc.

Major Lindsey & Africa LLC

Mediterranean Shipping Co. SA

Mercedes-Benz USA LLC

Micron Technology Inc.

MilliporeSigma

Mondelez International Inc.

Morgan Stanley

NASDAQ Inc.

NBCUniversal Media LLC

NFL Enterprises LLC

National Collegiate Athletic Association

National Consumer Law Center Inc.

National Mining Association

National Rural Electric Cooperative Association

Nokia Corp.

Norfolk Southern Corp.

Pac-12 Enterprises LLC

Pacific Legal Foundation

Paysafe Group PLC

Pegasus Capital Advisors LP

Penguin Random House LLC

PetroChina Company Limited

QBE Insurance Group Ltd.

Roblox Corp.

Ryan LLC

Sanmina Corp.

Simon & Schuster Inc.

Solicitors Regulation Authority Ltd.

Sorrento Therapeutics Inc.

Space Exploration Technologies Corp.

Spirit Airlines Inc.

Spotify Technology SA

StubHub Inc.

Swissport International Ltd.

Tesla Inc.

Texas Public Policy Foundation

Textron Inc.

The Boeing Co.

The Charles Schwab Corp.

The District of Columbia Bar

The New York Times Co.

U.S. Chamber of Commerce

United Mine Workers of America

University of Virginia

Wells Fargo & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Equal Employment Opportunity Commission

European Commission

European Union

Federal Bureau of Investigation

Federal Highway Administration

Federal Reserve System

Federal Trade Commission

Louisiana Department of Insurance

National Labor Relations Board

Texas Department of Transportation

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

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Department of Commerce

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of Transportation

U.S. District Court for the District of Columbia

U.S. District Court for the District of Nebraska

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

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

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

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

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

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

U.S. District Court for the Western District of Texas

U.S. Environmental Protection Agency

U.S. Marine Corps

U.S. Securities and Exchange Commission

U.S. Supreme Court