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…

The O’Hanlon, Demerath & Castillo law firm is recruiting Texas school districts to participate in an evidentiary hearing for a permanent injunction barring release of AI-graded student test scores. Plaintiff attorney for five school districts, David Jay Campbell of O’Hanlon Demerath, successfully argued before Travis County 250th District Court Judge Karin…

A federal judge in Pennsylvania granted Crothall Healthcare’s motion to compel arbitration in a sex discrimination suit filed by a former employee, concluding the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021 was inapplicable to the dispute as the claims accrued prior to the law’s enactment. In…

A jury in Atlantic County, New Jersey, returned a $37 million medical malpractice verdict in a suit claiming a child was born with cerebral palsy because of the negligent administration of the drug Pitocin to his mother during childbirth. Jurors sided with the disabled plaintiff and his mother after an attack…

A new derivative lawsuit in the Delaware Court of Chancery brings breach of fiduciary claims against Intel Corp. directors and officers, alleging misleading statements were made about the financial success of the company’s internal foundry segment. Wilmington attorney Brian Long and White Plains, New York, firm Rowley Law filed the…

A former employee of Royal Caribbean just scored class-action certification in Miami on behalf of thousands of cruise line workers whose pension funds took a hit due to alleged mismanagement of the Royal Caribbean Cruises Ltd. Retirement Savings Plan. In Johnson v. Russell Inv. Trust. Co., the plaintiff, Ann Johnson, alleges Russell Investments Trust…