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The founder of FTX was sentenced in Manhattan federal court to 25 years in prison and ordered to forfeit more than $11bn, four months after a jury convicted him on seven counts of fraud and conspiracy over the theft of customer deposits from the cryptocurrency exchange.

US District Judge Jennifer Rochon granted the FTC a preliminary injunction halting Tapestry's proposed acquisition of Capri Holdings, ruling that the accessible-luxury handbag rivals were close competitors whose merger would hurt consumers.

US District Judge Dale Ho dismissed the five-count federal corruption indictment against New York City Mayor Eric Adams with prejudice, so it cannot be brought again, refusing the Justice Department's request to drop it without prejudice.

A Manhattan federal jury acquitted Sean "Diddy" Combs of racketeering conspiracy and two sex trafficking counts but convicted him of two counts of transportation to engage in prostitution, each carrying up to 10 years.

Nike and StockX filed a stipulation on 29 August 2025 dismissing Nike's 2022 trademark suit over StockX's Vault NFTs and fake sneakers, about six weeks before a Manhattan jury trial was due to start; the terms were not disclosed.

Judge Arun Subramanian sentenced Sean "Diddy" Combs to 50 months in prison for two Mann Act prostitution-transportation counts, less than half the 135 months prosecutors sought.

Lululemon USA sued the United States in the Court of International Trade for a full refund, with interest, of the emergency-powers tariffs it paid on imports, weeks before the Supreme Court struck them down.

A proposed class action in Manhattan says Oracle hid that it needed to borrow heavily again for AI data centers when it sold $18 billion of notes and bonds.

US District Judge Margaret Garnett dismissed the two federal gun counts against Luigi Mangione, including the only death-eligible charge, leaving two stalking counts that carry up to life in prison.

In a 149-page opinion, Judge Lewis Liman held that USDOT unlawfully terminated the federal agreement behind Manhattan's congestion toll, and that any attempt to enforce Sean Duffy's letters ending it would be unlawful.

A week into the Live Nation-Ticketmaster monopoly trial in Manhattan, the Justice Department filed a signed settlement that caps ticketing fees at 15%, opens Live Nation events to rival ticket sellers and drops 13 exclusive amphitheatre deals - without breaking up Ticketmaster.

Vuori filed suit at the US Court of International Trade over the emergency tariffs the Supreme Court struck down in February 2026, joining the importers seeking refunds; the court stayed it under its IEEPA procedure.

A Manhattan federal judge ruled Nike's warp-knitted shoe upper patent invalid as obvious and wiped out the $355,450 jury award against Lululemon's Blissfeel and Chargefeel sneakers.

A Manhattan federal judge partly denied Lululemon's motion to dismiss a shareholder class action over its 2023-24 statements, finding plausible claims of misleading statements and scienter, citing alleged insider trading.

A three-judge Second Circuit panel heard Sean Combs's appeal arguing that his 50-month sentence improperly relied on conduct the jury acquitted him of, and reserved decision after a two-hour argument.

A federal jury in Manhattan found Live Nation and Ticketmaster illegally monopolised primary ticketing and amphitheatres and overcharged fans $1.72 a ticket, a win for 33 states and the District of Columbia that pressed on after the Justice Department settled.

Luigi Mangione pleaded guilty in Manhattan federal court to interstate stalking and cyberstalking resulting in the death of UnitedHealthcare CEO Brian Thompson, telling the judge "I shot Mr. Thompson in Manhattan and he died."

Nike and Lululemon stipulated to dismiss, with prejudice, Nike's 2022 suit claiming Lululemon's Mirror home gym infringed its fitness-tech patents, after the patent office struck down most of the asserted claims.

In its third-quarter 2026 earnings release on 4 November 2026, USDC issuer Circle disclosed that it cut about 5% of its workforce in the quarter and booked $9.1 million of restructuring expense. It did not give a headcount, and the cut came in a quarter of record revenue.

Judge Margaret Garnett is scheduled to sentence Luigi Mangione for stalking and killing UnitedHealthcare CEO Brian Thompson; each count carries up to life, and prosecutors have said they will seek a life term.