Thrown Out: The Court of Appeals for the D.C. Circuit threw out a Federal Trade Commission ruling yesterday that memory chip developer Rambus Inc. violated antitrust laws, reports The Recorder via Law.com.
Under Pressure: Partner departures, unpaid client bills, and pressures of an unstable market have led to cash flow problems at Mayer Brown, reports The National Law Journal via Law.com.
Settled: Broadcom agreed to pay $12 million to settle the SEC’s charges that it backdated stock-option grants, reports the WSJ. Prosecutors in Los Angeles are still considering criminal charges against company officials.
Hang Up: A New York appellate court yesterday upheld a cell phone ban across all New York City public schools, reports the AP via the WSJ.
Murdoch: Rupert Murdoch appears set to challenge a media ownership rule recently adopted by the FCC as he nears closure on a deal to acquire Newsday from the Tribune Company, reports the NYT.