An accounting expert hired by two ex-partners fighting the Sedgwick LLP trustee's bid to claw back $1.1 million testified at the close of a three-day California bench trial Wednesday that the trustee expert's valuation analysis is "materially flawed" and took a "sledgehammer" to the law firm's book value.
A California federal judge said Friday that she will await the U.S. Supreme Court's anticipated decision in SEC v. Jarkesy before deciding whether states' claims in multidistrict litigation over social media platforms' allegedly addictive design must go to a jury, after the plaintiffs' counsel argued that the case before the high court could implicate tech companies' Seventh Amendment rights.
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Meta Platforms Inc. has sued a former Meta vice president in California state court, accusing the executive of "brazenly disloyal and dishonest conduct" for allegedly defecting to an artificial intelligence startup with the social media company's proprietary vendor contracts, AI "roadmaps" and employment data to recruit Meta's top talent.
San Francisco's ousted District Attorney Chesa Boudin on Friday defended his progressive prosecution stance during a contentious panel discussion at a UC Berkeley School of Law event co-hosted by The Heritage Foundation while another Bay Area district attorney currently facing recall said she and Boudin have become conservatives' "punching bag."