- Acumen Powered by Robins Kaplan LLP®
- Affirmative Recovery
- American Indian Law and Policy
- Antitrust and Trade Regulation
- Appellate Advocacy and Guidance
- Business Litigation
- Civil Rights and Police Misconduct
- Class Action Litigation
- Commercial/Project Finance and Real Estate
- Corporate Governance and Special Situations
- Corporate Restructuring and Bankruptcy
- Domestic and International Arbitration
- Entertainment and Media Litigation
- Health Care Litigation
- Insurance and Catastrophic Loss
- Intellectual Property and Technology Litigation
- Mass Tort Attorneys
- Medical Malpractice Attorneys
- Personal Injury Attorneys
- Telecommunications Litigation and Arbitration
- Wealth Planning, Administration, and Fiduciary Disputes
Acumen Powered by Robins Kaplan LLP®
Ediscovery, Applied Science and Economics, and Litigation Support Solutions
-
April 15, 2024Robins Kaplan Named to 2024 BTI Client Service A-Team
-
April 9, 2024Robins Kaplan LLP Files Complaint Against Social Media Giants Meta, Snap, TikTok on Behalf of Spirit Lake Nation, Menominee Indian Tribe of Wisconsin
-
April 8, 2024Tara Sutton, Emily Tremblay Shortlisted for Euromoney’s Women in Business Law Awards
-
April 24, 2024IP Leadership Executive Summit
-
April 24, 2024IP Odyssey: Navigating the Latest Developments in Intellectual Property Law
-
April 30, 2024Navigating Generational Dynamics
-
March 2024e-Commerce: Pitfalls and Protections
-
March 22, 2024‘In re Cellect’:
-
March 14, 2024How Many Cases Have You Tried to a Verdict?
-
September 16, 2022Uber Company Systems Compromised by Widespread Cyber Hack
-
September 15, 2022US Averts Rail Workers Strike With Last-Minute Tentative Deal
-
September 14, 2022Hotter-Than-Expected August Inflation Prompts Massive Wall Street Selloff
Find additional firm contact information for press inquiries.
Find resources to help navigate legal and business complexities.
Meta Reaches Settlement With Feds Over Allegedly Discriminatory Housing Ads
Financial Daily Dose 6.22.2022
June 22, 2022
Back at it. Let’s get to work.
Meta has reached a deal with federal authorities in which the Facebook parent will “adopt new online advertising practices” aimed at resolving allegations that its online ads “discriminated against users by race, gender and other factors.” Zuck & Co. will also pay a nominal fine under the terms of the agreement - WSJ and Bloomberg and Law360 and NYTimes
New litigation by Uber and Lyft drivers accuse the ride-hailing companies of “engaging in anticompetitive practices by setting the prices customers pay and limiting drivers’ ability to choose which rides they accept without penalty.” The drivers will test these theories in Superior Court in San Francisco and are seeking class status - NYTimes and Law360
Stocks bounced back on Tuesday, “offering investors a reprieve from a recent stretch of whipsaw trading that had sent stocks and cryptocurrencies falling.” Don’t expect it to continue - WSJ and MarketWatch and Bloomberg
Cue the hard-landing talk - Bloomberg and Marketplace
After more than a decade of letting small businesses use its email and business apps without charge, Google is forcing users of its “G Suite legacy free edition” to start paying a monthly charge starting in July. Users are far from thrilled - NYTimes
Cereal giant Kellogg has announced plans to split into three companies, “seeking to jump-start its larger, faster-growing snacks business while helping its namesake cereal brands regain their footing on supermarket shelves.” The three will focus on cereals, snacks, and plant-based foods and echoes a split Kraft made a decade ago - WSJ and Marketplace
An existing backlog of some 8 million 2021 returns is severely hampering IRS efforts to make a dent in this year’s returns—especially those filed by paper. That means that millions of paper returns filed in 2022 haven’t yet been touched - NYTimes
The Federal Trade Commission “has extended its review” of NYSE owner Intercontinental Exchange Inc.’s deal to purchase housing finance industry data and analytics company Black Knight Inc. for $16 billion. The extension gives the Commission more time to potentially challenge the acquisition on antitrust grounds – Law360
Not a great look for the Zelle consortium, with banks routinely refusing to refund “customers who inadvertently granted a scammer permission to use their accounts” and to return money to customers “whose money was stolen” via forced transfers. Besides the bad PR, the refusals could run afoul of Reg E, which requires banks to “make clients whole if their money is stolen from a consumer account through an electronic payment initiated by another person” - NYTimes
Credit Suisse really, really doesn’t want to pay billionaire client Bidzina Ivanishvili the $607 million damages he was awarded by a Bermudan court in March. Loophole watch, people . . . - WSJ
Celebrating 20 years of “Lilo & Stitch,” the Disney animated movie that broke ground—true—with its “realistic body types, cultural accuracy and misunderstood protagonist” way back in 2002 - NYTimes
Stay safe,
MDR
The Robins Kaplan Financial Daily Dose features top stories and latest news headlines in financial markets, banking, securities and technology topics.
Related Professionals
Michael D. Reif
Partner
If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
By accepting these terms, you are confirming that you have read and understood this important notice.