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March 06, 2026
Central Bank of Kansas City has been ordered to produce more documents related to a prepaid debit card program for formerly incarcerated people in an excessive fee class action, but will not face monetary sanctions for its failure to comply fully with a previous court order.
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March 06, 2026
A suspended Connecticut lawyer who pled guilty to moving $3 million in pump-and-dump stock scheme proceeds through his attorney trust account can become a paralegal under the supervision of another lawyer, according to a plan approved by a state trial court judge.
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March 06, 2026
Two labor unions and a retirees group that claimed Department of Government Efficiency personnel were allowed to access Treasury Department computer systems can't proceed with their lawsuit, a D.C. federal judge ruled, finding they failed to establish that the agency's decisions can be considered a final agency action.
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March 06, 2026
This past week in London has seen British American Tobacco sued by more than 100 investors, the government bring a claim against a COVID-19 supplier of personal protective equipment, Annington Funding sue its new corporate trustees on the Financial List, and Piers Morgan hit with a defamation claim from a pro-Israel barrister he interviewed on his YouTube channel.
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March 05, 2026
A self-described barter-based payment platform sued Deutsche Bank AG and Pathward NA, alleging it was improperly placed on an industry blacklist following the banks' assertions it was "transaction laundering" for companies selling gray-market peptides.
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March 05, 2026
Federal banking regulators said Thursday that the capital treatment of so-called tokenized securities is the same as their traditional counterparts, emphasizing that bank capital rules are "technology neutral" and don't change when a security is recorded on a distributed ledger.
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March 05, 2026
A federal judge rejected a request for attorney fees by a former Wells Fargo worker who won a $22 million Americans with Disabilities Act verdict, saying he will consider the motion again after the Fourth Circuit renders its decision in the bank's appeal.
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March 05, 2026
Michigan is the latest state to take action against prediction-market exchanges, accusing KalshiEX LLC of running an unlicensed online sports betting platform in a lawsuit removed to federal court on Thursday.
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March 05, 2026
The U.S. government cannot force a Floridian facing a $28 million tax bill to repatriate assets from his trusts because they're governed by Bahamian law and thus the trustee, a Bahamian trust provider, has sole discretion over making distributions, the provider told a federal court.
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March 05, 2026
An Intel Corp. shareholder is suing the company's board of directors and Commerce Secretary Howard Lutnick over a deal in which the government received a 10% stake in the company in exchange for releasing billions of dollars in previously agreed-upon funding.
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March 05, 2026
The Federal Reserve on Thursday closed out the rest of a 2018 enforcement order issued against Wells Fargo & Co. in the wake of its fake accounts scandal, saying the bank has met all requirements for release after nearly a decade of work.
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March 05, 2026
The Second Circuit refused to boot a former Luxottica worker's proposed class claims into solo arbitration, a Texas federal judge declined to snuff out a tobacco fee suit against 7-Eleven and a healthcare company inked a $43 million deal to wrap a case over how it handled 401(k) plan forfeitures. Here's a look back at six noteworthy moves in Employee Retirement Income Security Act cases from last month.
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March 05, 2026
A former trial attorney for the U.S. Securities and Exchange Commission has left the public sector to return to his post as a litigator at King & Spalding LLP's New York City office.
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March 05, 2026
Simpson Thacher & Bartlett LLP said it has hired a New York-based partner who will focus on securitizations in its capital markets practice.
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March 04, 2026
If this month's circuit calendars were a March Madness bracket, we'd struggle to pick the top-seeded showdown. Big Pharma against the False Claims Act, or big business against President Donald Trump's visa fees? A big bank's view of "human life wagers," or en banc review in a State Farm class action?
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March 04, 2026
The head of the Conference of State Bank Supervisors fired a warning shot at the Office of the Comptroller of the Currency on Tuesday, accusing the agency of stretching its chartering and preemption powers too far and signaling that states could challenge the moves in court.
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March 04, 2026
Three veterans told a North Carolina federal court Tuesday that a magistrate judge was wrong to recommend tossing their proposed class action accusing Bank of America of violating an interest cap law for military service members, arguing their claims under the Servicemembers Civil Relief Act are unambiguous.
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March 04, 2026
The House Oversight Committee on Wednesday voted to subpoena U.S. Attorney General Pam Bondi to testify about the U.S. Department of Justice's investigation into deceased child sex offender Jeffrey Epstein, with five Republicans joining their Democratic colleagues to compel Bondi's testimony.
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March 04, 2026
Public interest groups are urging a Texas federal judge to reject the Trump administration's proposed settlement of a Biden-era predatory lending case against a Houston-area developer, arguing it would improperly bankroll immigration enforcement while stiffing harmed borrowers.
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March 04, 2026
A U.S.-German citizen asked a Florida federal court to toss a nearly $19.6 million tax penalty assessed by the IRS for failing to report foreign bank account information, telling a judge on Wednesday that he wasn't able to take his case before a jury.
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March 04, 2026
The Federal Reserve Bank of Kansas City on Wednesday cleared Wyoming-chartered Kraken Financial for a "limited purpose" master account, becoming the first crypto bank to gain access to the Federal Reserve's payment rails in a move that brought outcry from banking groups.
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March 04, 2026
A family-owned Nebraska bank has agreed to pay $2.4 million to resolve its part in a MOVEit software security incident affecting customers' personal data, according to a consumer's bid for preliminary approval of a proposed class action settlement in Massachusetts federal court.
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March 04, 2026
Gordon Rees Scully Mansukhani has expanded its reach in the Southeast and Midwest by opening new offices in Charlotte, North Carolina, and Madison, Wisconsin.
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March 03, 2026
The House Oversight Committee on Tuesday asked outgoing Goldman Sachs Chief Legal Officer Kathryn Ruemmler, Microsoft founder Bill Gates, Apollo Global Management co-founder Leon Black and others to testify about their connections to child sex offender Jeffrey Epstein.
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March 03, 2026
The Office of the Comptroller of the Currency on Tuesday expanded fast-track merger review and licensing pathways for banks under $30 billion in assets, its latest move to advance the Trump administration's deregulatory push for so-called community banks.