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FTC case challenging $4 billion mattress merger draws veteran antitrust lawyers

FTC case challenging $4 billion mattress merger draws veteran antitrust lawyers By Mike Scarcella July 3 (Reuters) - A closely-watched lawsuit seeking to block Tempur Sealy’s $4.3 billion acquisition of retail giant Mattress Firm will pit veteran antitrust defenders against a U.S. Federal Trade Commission team led by a former longtime Latham & Watkins attorney who joined the agency this year.
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Lock maker Assa Abloy violating antitrust settlement, US Justice Dept says

Lock maker Assa Abloy violating antitrust settlement, US Justice Dept says By Mike Scarcella July 3 (Reuters) - The U.S. Justice Department has accused global lock maker Assa Abloy ASSAb.ST of violating the terms of a settlement that let it complete a $4.3 billion acquisition of Spectrum Brands' SPB.N hardware and home improvement unit last year. Justice Department lawyers said in a Washington, D.C.
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Samsung defeats consumers’ mass arbitration demand in US appeals court

Samsung defeats consumers’ mass arbitration demand in US appeals court By Mike Scarcella July 2 (Reuters) - A U.S. appeals court has reversed a decision that would have required Samsung Electronics to pay millions of dollars in arbitration fees to respond to thousands of consumer privacy claims. In a case that could help define the scope of consumer mass arbitration, the Chicago-based 7th U.S.
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Live Nation could face 2026 trial in US antitrust case, judge says

Live Nation could face 2026 trial in US antitrust case, judge says By Mike Scarcella June 27 (Reuters) - The U.S. Justice Department's lawsuit seeking to break up entertainment industry giant Live Nation LYV.N and its Ticketmaster unit could go to trial in early 2026, a judge in New York said on Thursday. At the first hearing in the blockbuster antitrust lawsuit, U.S.
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BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services

BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services June 26 (Reuters) - Canada's BlackBerry BB.TO , BB.N beat first-quarter revenue estimates on Wednesday, driven by a resilient demand for cybersecurity services in the wake of growing online threats. U.S.-listed shares of the company, which provides cybersecurity and data protection services to enterprises and governments, rose 7.2% after the bell.
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Column: In Live Nation case, appeals court mulls mass arbitration breakthrough

Column: In Live Nation case, appeals court mulls mass arbitration breakthrough The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel June 20 (Reuters) - A potentially seismic moment for civil litigation occurred last Friday during oral arguments in ticket seller Live Nation’s appeal of a trial court decision allowing consumers to band together to litigate antitrust claims.
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Madonna fans end lawsuit over late concerts; singer's lawyers threaten sanctions

Madonna fans end lawsuit over late concerts; singer's lawyers threaten sanctions By Jonathan Stempel NEW YORK, June 20 (Reuters) - Two Madonna fans ended their lawsuit in New York accusing the pop superstar of starting concerts two hours late, prompting her legal team to threaten the plaintiffs' lawyers with sanctions. Michael Fellows and Jason Alvarez did not say in a Brooklyn federal court filing on Wednesday why they voluntarily dismissed their proposed class action against Madonna and tour p
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UK Stocks-Factors to watch on June 17

UPDATE 1-UK Stocks-Factors to watch on June 17 Updates futures, Adds news items June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0 .4%. * KINGFISHER: Kingfisher Plc KGF.L on Monday named Bhavesh Mistry as its new finance chief and said current CFO Bernard Bot will retire and leave the company no earlier than January 2025. * ASTRAZENECA: AstraZeneca's AZN.L blockbuster cancer drug Imfinzi combined with chemotherapy has been approved in the
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UK Stocks-Factors to watch on June 17

UK Stocks-Factors to watch on June 17 June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.44%. * MANUFACTURERS: Britain's manufacturers want the next government to deliver a formal industrial strategy and forge closer trade ties with the European Union , according to a survey published by the sector's own trade body.
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Barclays suspends sponsorship of Live Nation music festivals after protests

Barclays suspends sponsorship of Live Nation music festivals after protests June 14 (Reuters) - Barclays BARC.L suspended on Friday its sponsorship of all Live Nation LYV.N music festivals in 2024 after various acts dropped out in protest over the bank's links to defense companies that work with Israel. The suspension includes upcoming Live Nation festivals across the UK this summer, including Latitude, Download and the Isle of Wight.
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Madonna, ticketholders clash over 'settlement' in late concert case

Madonna, ticketholders clash over 'settlement' in late concert case By Mike Scarcella June 11 (Reuters) - Madonna and ticketing giant Live Nation LYV.N told a U.S. judge on Monday that they were nowhere near settling a proposed class action from fans who sued over a late concert start, accusing a lawyer for the plaintiffs of misleading the court. The pop icon's lawyer, Jeff Warshafsky, who also represents Live Nation, said in a court filing that the ticketholders' attorney made a “false” sta
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Live Nation probing Ticketmaster hack amid user data leak concerns

Live Nation probing Ticketmaster hack amid user data leak concerns By Zeba Siddiqui SAN FRANCISCO, May 31 (Reuters) - Live Nation Entertainment LYV.N said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year. In a filing with the U.S.
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Jennifer Lopez cancels 'This Is Me...Live' tour to be with family

Jennifer Lopez cancels 'This Is Me...Live' tour to be with family By Danielle Broadway and Rollo Ross LOS ANGELES, May 31 (Reuters) - Jennifer Lopez said on Friday that her "This Is Me... Live" Summer concert tour has been canceled so she can take time to be with her family. Representatives of Live Nation also announced on Friday that the "On the Floor" singer needs a break to be with "her children, family and close friends." Lopez wrote on her website onthejlo.com that she is "completely hearts
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Capital One scales banking’s Mount Improbable

RPT-BREAKINGVIEWS-Capital One scales banking’s Mount Improbable The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By John Foley NEW YORK, May 30 (Reuters Breakingviews) - It’s easy to imagine that a bank chief nearly 40 years into the job would be looking for new challenges. Capital One COF.N boss Richard Fairbank is taking that to extremes.
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Capital One scales banking’s Mount Improbable

RPT-BREAKINGVIEWS-Capital One scales banking’s Mount Improbable The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By John Foley NEW YORK, May 30 (Reuters Breakingviews) - It’s easy to imagine that a bank chief nearly 40 years into the job would be looking for new challenges. Capital One COF.N boss Richard Fairbank is taking that to extremes.
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Capital One scales banking’s Mount Improbable

BREAKINGVIEWS-Capital One scales banking’s Mount Improbable The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By John Foley NEW YORK, May 30 (Reuters Breakingviews) - It’s easy to imagine that a bank chief nearly 40 years into the job would be looking for new challenges. Capital One COF.N boss Richard Fairbank is taking that to extremes.
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Sustainable Finance Newsletter - Corporate rage at proxy advisers may be misplaced

Sustainable Finance Newsletter - Corporate rage at proxy advisers may be misplaced By Ross Kerber May 29 (Reuters) - Proxy advisers have taken a lot of heat from corporate big shots including, most recently, JPMorgan CEO Jamie Dimon . Now a new academic study puts more context around complaints facing the firms that provide proxy voting recommendations.
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U.S. Autodesk, McKesson, MicroStrategy

U.S. RESEARCH ROUNDUP-Autodesk, McKesson, MicroStrategy May 29 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autodesk, McKesson and Microstrategy, on Wednesday. HIGHLIGHTS * Analog Devices Inc ADI.O : Raymond James raises target price to $260 from $215 * Autodesk Inc ADSK.O : Baird cuts target price to $289 from $296 * Cencora Inc COR.N : Baird raises target price to $280 from $277 * McKesson Corp MCK.N : Baird rai
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Live Nation ticket buyers sue in wake of US Justice Department case

UPDATE 1-Live Nation ticket buyers sue in wake of US Justice Department case Adds details about judge assignment in paragraph 7 By Mike Scarcella May 24 (Reuters) - Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break up the two companies on Thursday.
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Live Nation ticket buyers sue in wake of US Justice Department case

Live Nation ticket buyers sue in wake of US Justice Department case By Mike Scarcella May 24 (Reuters) - Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break up the two companies on Thursday. The first consumer class-action lawsuit to piggyback on the government cases was filed later on Thursday in Manhattan federal court, seeking $5 billion in damages on behalf of potentially mil
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