A federal judge has ruled that Nexstar Media Group (Nexstar) failed to comply with a court order requiring Nexstar to maintain TEGNA Inc, as a separate and independently managed competitor and prohibiting Nexstar from exercising control over TEGNA’s management while a multistate lawsuit challenging Nexstar’s proposed acquisition of TEGNA moves through the courts. The multistate…

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Ohio AG Andy Wilson is seeking lead-plaintiff status in a securities class action lawsuit against Roblox, a video game developer, over allegations that the company has misled investors about child safety protections on its digital platform. The AGs office filed a motion to lead the case on behalf of the Ohio Public Employees Retirement System…

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New York AG Letitia James, alongside Governor Kathy Hochul, announced a lawsuit against KalshiEX, LLC (Kalshi), alleging an investigation by her office concluded the company is running an illegal, unlicensed gambling operation in New York through its prediction market platform that exposes New Yorkers to serious and financial risk. The lawsuit alleges that Kalshi’s prediction…

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A coalition of AGs have secured a months-long halt to Paramount Skydance Corp.’s (Paramount) merger with Warner Bros. Discover, Inc. (Warner Bros.). The coalition sued Paramount and Warner Bros. on July 13, alleging that the merger would illegally reduce competition throughout the film and television industries, harming workers, consumers, and businesses. On July 20, the…

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California AG Bonta is leading a multistate coalition of 12 AGs in filing a lawsuit challenging the $110 billion acquisition of Warner Bros. Discovery, Inc. (Warner Bros.) by Paramount Skydance Corporation (Paramount). The lawsuit alleges that the merger violates Section 7 of the Clayton Act, which holds that mergers that may substantially lessen competition or…

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