On this bonus episode of On The Merits, we read a few of the critical emails Bloomberg Law columnist Vivia Chen received in response to a piece she wrote after U.S. News & World Report’s put their new law school diversity ranking on hold.

Victims of R. Allen Stanford’s multibillion-dollar Ponzi scheme failed to convince the Fifth Circuit Friday that they should be able to hold two other financial services firms liable for their losses.

MedMen Opportunity Fund II LP, which operates cannabis dispensaries nationwide, was hit with a lawsuit in Delaware over an alleged scheme by its principal owners to sell licenses for the company’s flagship Los Angeles locations on terms that squeeze out minority investors.

Alex Rodriguez has tapped Wachtell, Lipton, Rosen & Katz for his $1.5 billion purchase of the National Basketball Association’s Minnesota Timberwolves, the second time in the past year the former baseball star has aimed to acquire a professional sports team with the help of the Wall Street law firm.

An XL Fleet Corp. investor sued it in Delaware on Friday, claiming the financiers who sponsored the blank-check merger that took the hybrid car company public—including New York Islanders co-owner Jon Ledecky—knew it was a lemon before engineering the deal.

An Emergent BioSolutions Inc. investor sued it in Delaware on Friday, claiming company leaders made millions on insider trades while hiding problems at a Baltimore manufacturing facility that hindered U.S. and global Covid-19 vaccine efforts by ruining 15 million Johnson & Johnson doses made there.

Neuberger Berman Group LLC unit Dyal Capital Partners and Owl Rock Capital Corp. got permission from Delaware’s top court Friday to move forward with their $12 billion merger—which is set to close May 19—over a challenge to the deal by Sixth Street Partners.