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The Euro was up [though European markets largely shrugged] after a big win for newcomer Emmanuel Macron in French presidential elections yesterday – WSJ

Local-TV powerhouse Sinclair Broadcast Group isn’t all that well known outside of the Baltimore area, but it’s making a big play for the national stage as it nears a deal to buy Tribune Media—the former “Tribune empire’s television arm” that includes Chicago’s WGN and NY’s WPIX – NYTimes and WSJ and Bloomberg

Comcast and Charter Communications are working on a wireless partnership that reportedly includes an agreement between the two not to make “a material merger or acquisition in wireless without the other’s consent for one year” – WSJ

JC Penney will fork over nearly $100 million to settle a lawsuit with a class of investors who accused the retailer of making misrepresentations about its financial health – Law360

The Times gives us an inside look at the “trickery” behind VW’s emissions cheating and related cover-up – NYTimes

In the 9th Circuit, when it comes to securities fraud, there’s misrepresenting and then there’s MISREPRESENTING. Under the Supreme Court’s Omnicare decision, the former doesn’t cut it – Law360

A Bay Area federal judge is allowing a shareholder derivative action to proceed against Wells Fargo’s board after finding that plaintiffs had “sufficiently alleged that the board ignored evidence of unauthorized account generation” – Law360

Fair Game takes on recently unveiled Choice Act’s impact on the ratings agencies, including its interesting double whammy of rolling back Dodd-Frank “accountability measures” over the RAs while protecting the big three existing agencies from competition by maintaining the NRSRO status quo – NYTimes

Has it been an easy road for Michigan’s women’s club hockey team?  Please.  But don’t bet against hockey women.  Ever – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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