The U.S. Environmental Protection Agency isn't doing enough to prepare for disasters that could arise at the nation's most contaminated sites located in areas vulnerable to climate change effects, a federal government watchdog said Monday.
A New York federal judge on Monday denied a former Xerox executive's request for release from a 16-year-old gag order in a securities case, telling him the request came far too late and didn't actually challenge the court's authority over him or make any claims of impropriety regarding due process.
Environmental groups criticized the Federal Energy Regulatory Commission’s conclusion that most of the environmental problems associated with a proposed $10 billion Oregon liquefied natural gas terminal and pipeline project could be handled, arguing instead that the project could harm water quality and increase emissions.
Cryptocurrency entrepreneur Maksim Zaslavskiy was sentenced to a year-and-a-half in prison Monday for issuing two fraudulent initial coin offerings in what was one of the first criminal cases to consider the applicability of federal securities laws to digital tokens.
A researcher accused of defrauding the federal government by not disclosing his purported participation in a Chinese government talent program said on Sunday that the case would "open the floodgates" to charging employees criminally for violations of workplace policies.
Deputy Attorney General Jeffrey A. Rosen said Monday that the U.S. Department of Justice’s investigation into online platforms could reach beyond potential violations of antitrust law and address issues such as privacy and public safety.
The Office of the Comptroller of the Currency has addressed fallout from a 2015 Second Circuit decision that threw the validity of interest rates on transferred loans into question, proposing a rule Monday that would clarify that rates remain permissible even after transfer.
The Consumer Financial Protection Bureau’s recent move to scrap a lawsuit seeking to enforce a civil investigative demand against a New York debt collection law firm has been slammed by the firm as a head fake designed to prevent a New York federal judge from ruling on a constitutional challenge to the agency.
California-based health care provider Sutter Health and a Sacramento surgical practice group have agreed to pay a combined $46 million to resolve whistleblower allegations the doctors received kickbacks in exchange for referring patients to Sutter, the U.S. Department of Justice announced Friday.
A former in-house attorney for Keppel Offshore & Marine Ltd. was sentenced to probation Friday for his role in the company's overseas bribery after a Brooklyn federal judge took his cooperation with the government into account.
The principals of two mortgage relief law firms targeted in a Consumer Financial Protection Bureau lawsuit have asked a Wisconsin federal judge to take back a $59 million judgment he awarded the agency to end the case, a conclusion they said could be upended by two pending U.S. Supreme Court appeals.
An environmental group said Friday that a Montana federal judge shouldn't back away from his finding that a state regulation intended to provide flexibility to polluters struggling to meet water quality standards violates the Clean Water Act.
A former JPMorgan Chase & Co. salesman has become the fourth person to be charged in a criminal racketeering case over an alleged multimillion-dollar precious metals market spoofing scheme, according to a superseding indictment filed in Illinois federal court.
Despite a slight slowdown in activity during its most recent fiscal year, the U.S. Securities and Exchange Commission’s whistleblower program has now helped the agency secure more than $2 billion in sanctions orders, according to its 2019 Annual Whistleblower Report to Congress released Friday.
Following raids from European enforcers earlier this year, the U.S. Department of Justice's Antitrust Division has opened a criminal investigation into allegations of collusion in the Atlantic salmon farming industry.
The Court of Arbitration for Sport said Friday that Manchester City’s appeal of a Union of European Football Associations decision to initiate a probe of potential finance rule violations must be dismissed, as the club was attempting to challenge a a ruling not yet final.
The U.S. Securities and Exchange Commission awarded a total of $260,000 to three whistleblowers who helped bring down a scheme to defraud retail investors, the regulator announced Friday.
An Atlanta-based attorney who served as general counsel to several Georgia companies that bought life insurance policies and subprime vehicle loans has pled guilty in federal court to conspiring to defraud investors of more than $40 million, prosecutors have announced.
The head of New York State’s top financial regulator revealed on Thursday new processes that would allow regulated entities to share “confidential supervisory information” with certain advisers, including legal counsel, without prior approval from the agency.
The U.S. Department of Health and Human Services said Thursday that it’s investigating Google’s collaboration with hospital giant Ascension, which purportedly allowed the powerful tech company to gather health data on millions of Americans.
Two former executives at health supplement company Herbalife’s Chinese subsidiary have been charged in a plot to bribe officials in return for business licenses and other advantages, federal prosecutors announced Thursday.
The U.S. Environmental Protection Agency must consider outdated uses of a chemical when evaluating the substance's health and environmental risks, the Ninth Circuit said Thursday.
Cannabis lawyers applauded news last week that the Boston U.S. attorney's office is investigating potential public corruption in the cannabis sector, saying they hope it will rein in what they see as emerging pay-to-play schemes and a regulatory climate that a state cannabis oversight official called "ripe for corruption."
Federal prosecutors said Thursday that a former vice president of Industrial and Commercial Bank of China Financial Services LLC has admitted his involvement in a conspiracy to rig bids for borrowed pre-release American depositary receipts.
The U.S. Department of Justice announced Thursday that a former Deutsche Bank trader will pay $500,000 to settle allegations that he misled investors about the quality of loans underlying two residential mortgage-backed securities in the lead-up to the financial crisis.
The U.S. Supreme Court effectively recognized the U.S. Securities and Exchange Commission's extraterritorial reach in denying certiorari in Scoville v. SEC. The move may foreshadow the high court's eventual ruling in Liu v. SEC, which will determine the regulator's authority to seek disgorgement, say Adam Schwartz and Russell Koonin at Homer Bonner.
To respond to the rapidly evolving legal landscape, companies that incorporate biometric data into their business practices can take several steps to minimize the risk of privacy litigation exposure, say Jeffrey Rosenthal and David Oberly of Blank Rome.
A record $67.4 million settlement the U.S. Department of Justice and the Commodity Futures Trading Commission recently negotiated with Tower Research Capital over alleged futures market spoofing offers commodities traders enforcement and compliance guidance, and reflects increasing coordination among regulators, say Charley Mills and Matt Kulkin at Steptoe & Johnson.
While there are only three state biometric privacy laws on the books, there is a growing trend of states' introducing biometric privacy bills, many of which feature far-reaching private right of action provisions that would substantially increase the level of regulatory and litigation risk, say Jeffrey Rosenthal and David Oberly of Blank Rome.
The U.S. Securities and Exchange Commission recently granted Paxos Trust Company limited no-action relief to settle securities using blockchain technology without registering as a clearing agency, demonstrating the regulator wants to better understand digital asset custody before allowing for broad adoption, say attorneys at Norton Rose.
Recent federal appellate and district court rulings suggest that the predicted radical curtailing of Auer deference in the wake of the U.S. Supreme Court's decision in Kisor v. Wilkie has not come to fruition, say Jeffrey Karp and Edward Mahaffey at Sullivan & Worcester.
Amy Conant Hoang and Sarah Burgart at K&L Gates explain last week's important changes to the draft Cybersecurity Maturity Model Certification procedures, a framework developed by the U.S. Department of Defense to measure a contractor’s ability to safeguard information handled in the performance of DOD contracts.
Businesses with a presence in Wisconsin should be aware of the state's proposals for regulating per- and polyfluoroalkyl substances — in particular, its plans to set extremely low allowable levels of PFAS in drinking water, say George Marek and Lauren Harpke of Quarles & Brady.
In U.S. v. Hoskins, a Connecticut federal court last week convicted a foreigner who did not work for a U.S. company of Foreign Corrupt Practices Act violations, presenting valuable lessons about the scope of FCPA liability and how to effectively withdraw from a bribery scheme, say Sunil Shenoi and Kim Nemirow at Kirkland.
Because the U.S. Securities and Exchange Commission has punted on whether Regulation Best Interest will preempt state broker-dealer conduct standards, state laws may face challenges under the doctrines of conflict preemption, as well as limitations from the federal securities laws, say attorneys at Williams & Jensen.
The Federal Energy Regulatory Commission recently approved two regional transmission organizations' energy storage proposals. But full integration of storage resources into the wholesale market will be complex — and ongoing litigation could force FERC to change its approach, say attorneys at Greenberg Traurig.
As Texas and other states review their judicial election processes, they would be well served by taking guidance from Massachusetts' Governor’s Council system, which protects the judiciary from the hazards of campaigning, says Richard Baker of New England Intellectual Property.
The Washington state cannabis industry has to abide by emergency rules passed in response to a very real health crisis, but there is no evidence, nor have there even been claims, of a connection between flavored cannabis vapor products and the outbreak of lung illnesses, says Samuel Mendez of Lane Powell.
Reading Jeffrey Rosen’s "Conversations With RBG: Ruth Bader Ginsburg on Life, Love, Liberty, and Law" is like eavesdropping on the author and his subject while they discuss how the restrained judicial minimalist became the fiery leader of the opposition, says Ninth Circuit Judge M. Margaret McKeown.
The U.S. Environmental Protection Agency recently took aim at air emissions from "pigging," a natural gas pipeline maintenance procedure. Midstream oil and gas operators must balance the need for internal emissions reviews and the legal and compliance issues they can produce, says David McSweeney of Hunton.