ADMINISTRATIVE LAW

Pomegranate juice peddler POM Wonderful lost a lawsuit filed by the Federal Trade Commission claiming the company used deceptive advertising in claiming its juice could treat or prevent certain illnesses.

The U.S. Securities and Exchange Commission is taking extra steps to bulletproof its rulemaking, after U.S. appeals court judges, Republican lawmakers and government watchdogs have criticized how the agency measures the economic impact of its rules.

The top after-market NASDAQ gainers Friday were: TranS1, Cray Inc, InfoSpace, TESSCO Technologies, GRAVITY Co and Verenium Corp. The top after-market NASDAQ losers were: Leap Wireless International, DISH Network Corp, HomeAway, Yandex N.V, Fortinet and Rambus.

The Occupy movement has moved beyond pickets and protests with a group called Occupy the SEC, which has submitted a 325-page letter on the proposed Volcker Rule.

Apple Inc scored a narrow victory against Taiwan's HTC Corp in their smartphone patent battle after the International Trade Commission ruled HTC infringed on only one of four patents at the center of the case brought by Apple.

Taiwanese handset maker HTC Corp narrowly lost a patent battle with Apple Inc on Monday, as the International Trade Commission found that HTC had infringed on one of Apple's patents.

Proof that racial tension still permeates society, a Caucasian Ohio landlord found to have discriminated against an African-American teenage girl by posting a Public Swimming Pool, White Only sign at a duplex swimming pool is urging the Ohio Civil Rights Commission to reconsider its decision, according to reports.

The National Labor Relations Board announced Friday its approval of the withdrawal of a charge by the machinists union against the Boeing Co.

AT&T is in talks with Leap Wireless International about a potential sale of some assets to the smaller operator in a last ditch effort to gain regulatory approval for AT&T's proposed T-Mobile USA purchase, according to a New York Times report.

AT&T Inc is considering an offer to divest a significantly larger portion of assets than it had initially expected, in order to salvage its $39 billion deal to buy T-Mobile USA, Bloomberg reported citing a person familiar with the plan.

Deutsche Telekom and AT&T withdrew their application for approval by the Federal Communications Commission of a planned $39 billion deal for T-Mobile USA to focus on obtaining the green light from the Department of Justice.

The Federal Communications Commission (FCC) announced that it intends to effectively block AT&T's (NYSE:T) proposed $39 billion acquisition of T-Mobile by referring the matter to an Administrative Law Judge (ALJ) for review.

In a latest development regarding the AT&T/T-Mobile merger, a Wall Street analyst said the federal communications commission (FCC) chairman may be positioning to send the AT&T / T-Mobile USA merger to an Administrative Law Judge (ALJ) Review ahead of Dept. of Justice (DoJ) court action.

Apple wins early round at U.S. ITC

The patent battle Apple has engaged with Android OEMs (Original Equipment Manufacturer) can have extremely grave consequences including ban on the disputed Android products, which could mean anything between a complete wipe-out to decreased US market share, to the Google's mega-hit mobile OS.

Google's Android Operating System is in serious trouble with the ITC ruling which says Android-run HTC devices infringe two of ten Apple patents in an initial determination by an administrative law judge (ALJ). These determinations will undergo review by the six-member Commission, the highest decision-making body at the ITC, to reach the final decision, with the target date of the final Commission decision set for December 6, 2011.

Rajat Gupta, the former Goldman Sachs Group Inc. director, can proceed with a suit claiming the U.S. Securities and Exchange Commission violated his rights when it filed an administrative action accusing him of passing illegal stock tips and thereby denying him a jury trial, reports say.

Medtronic Inc named a top executive of General Electric Co's healthcare division as its CEO and chairman, effective June 13.

The U.S. International Trade Commission is stepping into another legal battle over gadgets, this time between Nokia and Apple.

The top after-market NYSE gainers on Monday are: Ethan Allen Interiors, BBVA Banco Frances, RLI Corp, Albemarle and Domino's Pizza. The top after-market NYSE losers on Monday are: Eastman Kodak, Packaging Corp, Vmware, Sanofi-Aventis and W.W. Grainger.

A U.S. International Trade Commission judge has issued an initial determination that Eastman Kodak Co's patent claim against Apple Inc and Research In Motion Ltd is invalid, Kodak said.