United States

Hsu v. State Farm - Insurance Contract Dispute

The Delaware Superior Court decided summary judgment motions in Hsu v. State Farm Fire and Casualty Company. The court denied the plaintiffs' motions for partial summary judgment and to vacate the trial scheduling order, while granting in part and denying in part the defendant's motion for summary judgment. This ruling impacts the scope of claims proceeding to trial in this insurance contract dispute.

Delaware Court Order: Judgment Motion Denied, Pre-Judgment Interest Granted

The Delaware Superior Court denied a motion for judgment as a matter of law or a new trial filed by E.I. Du Pont de Nemours & Company and Remington Arms Company. The court also granted the plaintiffs' motion to include pre-judgment interest in the judgment.

Commonwealth v. Tanner - DNA Testing Postconviction Relief

The Supreme Judicial Court of Massachusetts ruled in Commonwealth v. Tanner that a judge retains discretion to allow postconviction DNA testing to proceed even if the defendant dies after the testing has been ordered but before completion. The court affirmed the denial of the Commonwealth's motion to vacate the testing order.

DWC Adjusts Medical Fee Schedule for Hospitals and ASCs

The California Division of Workers’ Compensation (DWC) has posted adjustments to the Official Medical Fee Schedule for Hospital Outpatient Departments and Ambulatory Surgical Centers. These changes conform to the CY2026 Medicare payment system updates and are effective for services rendered on or after March 1, 2026.

FINRA Amends Rule 3220 on Gifts to Employees of Others

FINRA has adopted amendments to Rule 3220, increasing the annual gift limit to employees of other firms from $100 to $300. The amendments also codify current guidance and provide for exemptive relief, aiming to modernize rules and promote efficiency without reducing investor protection. Conforming amendments were made to related rules.

SEC Revokes LNP R Group Inc. Securities Registration

The SEC has revoked the securities registration of LNP R Group Inc. due to non-compliance with Section 13(a) of the Exchange Act and associated rules. The company failed to file required periodic reports after September 30, 2023. This action is effective February 27, 2026.

SEC Order Directing Third Disbursement of Fair Fund in Computer Sciences Corporation Matter

The SEC has issued an order directing a third disbursement of Fair Funds in the administrative proceeding against Computer Sciences Corporation. Approximately $517,004.73 will be distributed to harmed investors, bringing the total disbursed to 22.23% of their recognized claims.

SEC bars Ofer Ababaneh from investment industry

The SEC has barred Ofer Ababaneh from associating with any investment adviser, investment company, or any other person or entity registered or required to be registered with the Commission. This action follows Ababaneh's guilty plea and sentencing for investment adviser fraud, resulting in a 48-month prison sentence and restitution of $106,000,000.

Delaware Court of Chancery rules against Edmondson in takeover dispute

The Delaware Court of Chancery ruled against Roy Mitchell Edmondson in a takeover dispute concerning Teliporter (US) Inc. The court found Edmondson's actions to validate his takeover were barred by equitable estoppel and unclean hands, voiding his stock issuance.

Stercula v. Wengert, Heimbach, and Wilson - Forged Deed Case

The Delaware Court of Chancery ruled against Larry Stercula in his claim that a deed transferring property was forged. The court found that Stercula failed to prove the deed was forged and ruled in favor of the defendants, upholding the property transfer.