A new class action brought on behalf of a nine-year-old plaintiff and her guardian accuses Apple of intentionally failing to address a recurring problem with child sexual abuse material on its data storage platform, iCloud. The suit, filed Tuesday in the U.S. District Court for the Northern District of California by the Buche Law…

Linklaters is advising Universities Superannuation Scheme on the acquisition of 3,000 homes from Sage Homes, a Blackstone-backed U.K. housebuilder, for £405 million. Devonshires is acting for Sage, while Simpson Thacher & Bartlett is advising Blackstone.

In an era where large law firms are making significant upgrades to their partner pay systems and competing harder than ever to grow, more firms are growing the spread of highest-paid to lowest-paid equity partners. Still, a handful of firms in the Am Law 200 stand out as having a particularly…

At least nine large law firms drew work from the Securities and Exchange Commission’s latest enforcement action this week against 26 broker-dealers, corporate insiders and others for widespread recordkeeping failures. Davis Polk & Wardwell; Sidley Austin; Foley & Lardner; Milbank; Wilmer Cutler Pickering Hale and Dorr; King & Spalding; K&L…

Baker McKenzie has hired three lawyers, including a director and senior associate from A&O Shearman, to strengthen its dispute practice in South Africa. Director Michelle Porter-Wright and senior associate Rebecca Thomson join as partners on September 9, according to Baker McKenzie. Also starting on the team in September is Tiffany…

Australia’s financial regulator is suing the Australian Securities Exchange Ltd, alleging that ASX made misleading statements about the progress of its project to replace its clearing and settlement system. In documents filed in the Federal Court of Australia this week, the Australian Securities and Investments Commission (ASIC) claims the ASX…