Controversial

Texas Proxy Advisors Win Initial Legal Battle as Judge Halts Controversial SB 2337 Enforcement

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AUSTIN, Texas — A recent ruling has temporarily halted the enforcement of a Texas law that introduced new regulations for proxy advisors, specifically those recommending votes based on non-financial factors. This law, known as Senate Bill 2337, is designed to bring more transparency to proxy advisory firms’ recommendations. Last week, U.S. District Judge Alan Albright granted a preliminary injunction stopping the Texas Attorney General from enforcing the law against two major proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis. The ruling allows the case to progress to trial, which is scheduled for February … Read more

Federal Court Dismisses Controversial Lawsuit Amid $14.9 Billion Steel Merger Drama

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PITTSBURGH — A federal lawsuit related to the $14.9 billion merger between Japan’s Nippon Steel and U.S. Steel has been dismissed in the Western District Court of Pennsylvania. The dismissal came after both sides filed a notice on September 3, signaling the end of litigation that accused Cleveland-Cliffs and its executives of engaging in anti-competitive practices in the steel industry. The lawsuit, initiated in January 2025, claimed that Cleveland-Cliffs, its CEO Lourenco Goncalves, and the president of the United Steelworkers International, David McCall, conspired to undermine U.S. Steel’s competitive position. The suit alleged that the … Read more

MSU Seeks to Dismiss Lawsuit from Sexual Assault Advocate Over Controversial Name Release

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EAST LANSING, Mich. — Attorneys for Michigan State University have filed a motion to dismiss a lawsuit from Brenda Tracy, a prominent advocate for sexual assault prevention. The lawsuit alleges that the university’s Board of Trustees improperly disclosed Tracy’s name during an investigation related to a sexual harassment complaint against Mel Tucker, the former head football coach. Tracy’s legal action emerged this summer, claiming that MSU’s Board released her identity publicly, which she argues constituted a violation of her privacy. Tucker was dismissed from his position following the inquiry into Tracy’s allegations, where he reportedly … Read more

Legal Clash: AstraZeneca Fights to Overturn Louisiana’s Controversial 340B Law in Appeals Court

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New Orleans, Louisiana — An attorney representing AstraZeneca argued before an appeals court this week for the invalidation of a state law concerning the 340B Drug Pricing Program. This legal dispute highlights a growing concern among pharmaceutical companies regarding the impact of similar legislation across the United States. The attorney contended that the Louisiana law significantly alters how drug pricing is managed, contending that it imposes restrictions that could disrupt the pharmaceutical industry’s operations. The 340B program is designed to enable healthcare providers serving high numbers of low-income patients to purchase drugs at reduced prices. … Read more