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JPMorgan Wins Dismissal in Chancery Case Over Zelle Compliance

The Court of Chancery has dismissed a Caremark claim against JPMorgan Chase for its handling of unauthorized payments on digital banking platform Zelle. Chancellor Kathaleen St. J. McCormick issued an opinion Wednesday that concluded shareholder plaintiff IMG Holding, represented by Dover firm Billion Law, hadn’t adequately pled that JPMorgan’s directors knew of and…

Houston Lawyer to Be Deposed: 3M Claims Law Firm Fraud

Alleging a fraudulent scheme to drive up costs and damages in dust-mask litigation, 3M Co. obtained court orders, upheld on appeal, to depose a well-known Houston products liability law firm. The First District Court of Appeals denied a writ of mandamus petition Tuesday to attorney Michael B. Martin and the Martin…

FTC may try to block yet another business merger

Check out whats clicking on FoxBusiness.com Federal antitrust regulators are planning to file a lawsuit to block Coach parent Tapestry’s $8.5 billion bid to buy Michael Kors owner Capri, according to a report by New York Times Dealbook. The Federal Trade Commission (FTC) is expected to hold a meeting next…

Lawmakers Seek National Privacy Statute and Protections for Children’s Data

U.S. lawmakers from both sides of the political aisle are calling for a federal privacy law that would also protect children’s data and online security. “The (proposed) American Privacy Rights Act is foundational for protecting our kids online,” Rep. Cathy McMorris Rodgers, R-Washington, said Wednesday at a House Energy and…

Meet Daniel Balmori: Unsung Hero, 4th Generation Lawyer

With the great-grandson of a Cuba attorney and grandson of a Cuba exile attorney as role models, Daniel Balmori has practiced for a decade with Hogan Lovells in South Florida, where he specializes in commercial litigation. Oh, and his older sister is an attorney as well.