Lawsuits

The number of accounting-related securities class action filings plummeted 40% last year, according to a new report, but the total settlement value rose 40%.

AI in hiring is not a technical shortcut; it's a regulated activity with legal consequences if misused.

Attorneys general from New York, California and Oregon said a group of states is planning to file a lawsuit in the Court of International Trade over the order.

The confusion over pending Employee Retention Credit claims is bad. The situation for disallowed claims is much worse.

President Trump has been given a deadline of next week to respond to claims that his $10 billion lawsuit against the IRS poses a glaring conflict of interest.

The Internal Revenue Service improperly disclosed confidential taxpayer information on immigrants to the Department of Homeland Security.

A federal appeals court reversed a lower court decision involving the Corporate Transparency Act, finding it to be constitutional, although it remains on hold.

The Internal Revenue Service has given churches and other houses of worship the green light to endorse political candidates.

President Donald Trump and his allies are pursuing an alternative strategy to defend against mounting court orders blocking his policies: Raise the financial stakes for those suing the administration.

Semple, Marchal & Cooper LLP has filed suit against the BDO Alliance and its chairman after it was ejected from the alliance.

The university sued several U.S. agencies and top officials for freezing billions of dollars in federal funding and threatening its tax-exempt status.

The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.

A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act and its reporting requirement.

A Tax Court ruling that limited partners in an investment manager must pay Uncle Sam could cause some restructuring across the industry, an expert said.

Lawsuits before the Supreme Court and in lower federal courts across the country could further reduce enforcement powers at the IRS and the SEC this year.

A federal court has issued another injunction halting enforcement of the Corporate Transparency Act and its BOI reporting requirement.

The Fifth Circuit has reinstated an injunction on beneficial ownership reporting only days after lifting it.

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes.

The decision hinging on the definition of "inventory" in the sale of a highly valuable position in a U.S. partnership resolved a saga that began 16 years ago.

U.S. District Judge Ada Brown in Dallas sided with the U.S. Chamber of Commerce and the Texas-based tax firm, Ryan.