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Compliance
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March 18, 2026
DOJ Defends Labeling Anthropic A Security Risk
The Trump administration told a California federal judge it lawfully labeled Anthropic PBC a supply chain risk to national security after the company tried to "strong-arm" the U.S. Department of Defense into usage restrictions for its artificial intelligence tools.
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March 18, 2026
FTC Says Amazon Seeks 'Impossible' Standard For Sanctions
The Federal Trade Commission pressed a Washington federal judge Tuesday to sanction Amazon.com for using autodeleting Signal chats and deleting raw meeting notes to hide evidence of company policies that created an artificial pricing floor across online retail stores, arguing Amazon is fighting the motion by inventing an "impossible-to-meet standard" for imposing sanctions.
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March 18, 2026
IRS Summons For Man's Coinbase Info Cleared To Go Ahead
A man who alleged that the IRS violated his privacy rights in its summons of personal financial documents from Coinbase failed to properly serve the U.S. in his attempt to block the summons, a California federal judge said Wednesday, dismissing the case.
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March 18, 2026
NYU Tax Center Backs IRS In 2nd Circ. Limited Partner Fight
An investment company's bid to restore a self-employment tax exemption for its limited partners improperly relies on state law to define their federal tax status, New York University's Tax Law Center told the Second Circuit in an amicus brief supporting the IRS.
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March 18, 2026
Ex-CEO, Atty Misappropriated Patent, Gaming Co. Says
A game developer specializing in electronic bingo gaming machines has filed suit against its former chief executive officer and an attorney for allegedly scheming to use their positions and access within the company to steal a patent.
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March 18, 2026
FCC Removes 4 Drone Systems From Security Risk List
The Federal Communications Commission has authorized more drones for distribution on the U.S. market, after defense officials cleared them from posing national security risks.
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March 18, 2026
Suit Aims To Stop Gulf Endangered Species Exemption
A conservation group asked a D.C. federal judge Wednesday to declare that an upcoming U.S. Department of the Interior meeting to exempt oil and gas activities in the Gulf of Mexico from the Endangered Species Act was called illegally, arguing that the meeting could ultimately result in species' extinction.
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March 18, 2026
FCC Warns 'Rip, Replace' Participants That It Will Be Watching
Companies receiving Federal Communications Commission funds under the "rip and replace" program ought to be keeping good records of how they're spending the agency's money and disposing of the equipment they're supposed to be replacing, the FCC warned recently.
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March 18, 2026
Powell Says He Won't Make Fed Exit While Facing DOJ Probe
Federal Reserve Chair Jerome Powell said Wednesday that he will stay on as a board member of the central bank if he remains under U.S. Department of Justice investigation when his term as Fed chairman runs out this spring.
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March 18, 2026
Coal Plant Order Was Right Call, Energy Dept. Tells DC Circ.
The U.S. Department of Energy has urged the D.C. Circuit to back the DOE's order keeping a Michigan coal-fired power plant open, saying the Federal Power Act gives Energy Secretary Chris Wright broad emergency authority to prevent power plants from closing.
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March 18, 2026
FDA Can't 'Refuse To File' Tobacco Applications, Suit Says
The maker and a seller of Zone nicotine pouches are suing the U.S. Food and Drug Administration in Texas federal court, alleging the agency stalled and eventually refused to file their marketing application, despite federal law requiring the FDA to either approve or deny such applications.
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March 18, 2026
8th Circ. Seems Skeptical About Nix Of Wells Fargo 401(k) Suit
The Eighth Circuit appeared skeptical Wednesday of the reasoning behind a lower court's decision to toss a proposed class action alleging Wells Fargo's 401(k) forfeiture spending violated federal benefits law, but still expressed doubts about the case's viability.
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March 18, 2026
CFTC Rescinds Request For Climate Risk Information
The U.S. Commodity Futures Trading Commission on Wednesday withdrew a request for information on climate-related financial risk published in 2022, on the grounds that President Donald Trump had revoked the executive order under which it was authorized.
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March 18, 2026
Navy Contractor Will Pay $10.5M To Settle Overcharging Suit
The U.S. Department of Justice announced that a submarine materials contractor agreed to pay $10.5 million to settle allegations that its entities knowingly overcharged the U.S. Air Force and the U.S. Navy for materials and training.
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March 18, 2026
Del. Allows County Subpoena Of Witnesses For Assessments
Delaware authorized its counties to subpoena witnesses and evidence under certain conditions in disputes over nonresidential real property's assessed value as part of a bill signed by the governor.
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March 17, 2026
Were Musk's Tweets 'Deliberate' Or 'Stupid'? Jury To Decide
Elon Musk made "deliberate and carefully devised" statements to drive down Twitter's stock price after offering $44 billion for the company, Twitter investors' counsel told a California federal jury during closing arguments Tuesday, while Musk's lawyer insisted that there's no evidence of securities fraud and that it's not a crime to "tweet stupid things."
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March 17, 2026
SEC Draws Lines With Crypto 'Token Taxonomy' Guidance
The U.S. Securities and Exchange Commission shared its anticipated "token taxonomy" on Tuesday, issuing interpretive guidance that detailed which types of cryptocurrency assets appear to be beyond the reach of securities laws and the circumstances that could pull them back into the regulator's oversight as part of an investment contract.
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March 17, 2026
Fragrance Co. Inks $11M Icebreaker Deal In Price-Fixing Case
A group of consumers asked a New Jersey federal judge Monday to preliminarily sign off on an $11 million class settlement with International Flavors and Fragrances Inc., which the consumers called an "icebreaker" deal cut in sprawling price-fixing antitrust litigation against four major fragrance ingredient makers.
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March 17, 2026
SEC Won't Reconsider Upholding Ex-Broker's FINRA Fines
The U.S. Securities and Exchange Commission won't revisit its earlier holding partially sustaining certain Financial Industry Regulatory Authority findings and sanctions against a former stockbroker who's challenged the constitutionality of the self-regulatory organization, stating that the stockbroker's reconsideration bid hadn't asserted the regulator erred in its earlier decision.
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March 17, 2026
FPI, Apartment Owners Reach $7M Deal In Wash. AG's Tenant Suit
California-based property manager FPI and owners of five low-income apartment complexes have agreed to pay $7 million to end the Washington attorney general's lawsuit accusing them of exploiting senior tenants by overstating property qualities and withholding information about future rent rises, according to an agreed order finalized Monday.
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March 17, 2026
9th Circ. Backs Rare FCA Theory In Huge Drug Prices Program
In a novel and potentially far-reaching decision, the Ninth Circuit on Tuesday revived a major hospital chain's False Claims Act suit accusing large pharmaceutical companies of massive overcharges in a prominent drug discount program where pricing disputes are common.
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March 17, 2026
FCC OKs Alaska Plan Changes As Tribe Moves To New Village
GCI Communication Corp. won't have to continue to provide service to an Alaskan Native village in the state's eroding coastal lowland after its population moved on to new territory that was gained in a land swap with the federal government, the Federal Communications Commission has ruled.
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March 17, 2026
SIFMA, Other Orgs Weigh In On SEC's 'Small Entity' Proposal
The Securities Industry and Financial Markets Association is urging the U.S. Securities and Exchange Commission to increase its oversight of investment advisers should it move forward with a plan to categorize more mutual funds and advisers as small entities, saying the current playing field disadvantages broker-dealers.
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March 17, 2026
JCPenney AI Tool Faces Ill. Privacy Lawsuit Over Facial Data
Retail brand JCPenney uses an artificial intelligence skin-care analysis tool for website visitors without ever telling them that the technology scanning their faces to provide personalized cosmetics advice illegally captures and stores their biometric information, according to a new lawsuit in Illinois state court.
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March 17, 2026
OFAC Fines Broker $1.1M Over Apparent Sanctions Violations
The U.S. Department of the Treasury's Office of Foreign Assets Control on Tuesday announced that Florida brokerage TradeStation Securities Inc. has agreed to pay more than $1.1 million to settle potential civil liability for violating the regulator's sanctions programs for Iran, Syria and Crimea.
Expert Analysis
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What Cos. Must Know About Pa.'s Proposed Data Center Regs
Under Pennsylvania Gov. Josh Shapiro's new proposal to balance hyperscale data center infrastructure with grid stability, water resources and community transparency, businesses in the state face a strategic choice: wait for binding requirements to emerge, or proactively align projects with the standards now, say Wade Stephens and Sasha Burton at Langsam Stevens.
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Lessons From Justices' Split On Major Questions Doctrine
The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.
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Drug Wholesaler's DPA Shows Imperfect Efforts Still Count
Atlantic Biologicals’ recent deferred prosecution agreement with federal prosecutors for allegedly distributing controlled substances to pill mill pharmacies demonstrates that even subpar cooperation, when combined with genuine remediation and strategic advocacy, can yield outcomes that protect a company's long-term interests, says Jonathan Porter at Husch Blackwell.
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Share Repurchases Leave Cos. Susceptible To Litigation
Because share repurchases bring greater ownership, which typically brings greater voting power, they can have serious implications for corporate control, which can raise questions about the unpaid benefits to some shareholders and lead to securities class actions, says Amit Bubna at Bates White.
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Resilience Planning As Nat'l Security Shifts Tech Import Policy
In response to a sustained reorientation of U.S. trade policy around national security considerations, businesses reliant on processed critical minerals must closely monitor diplomatic negotiations and the potential expansion of trade measures, incorporating contingency planning into procurement and long-term investment strategies, says attorney Sohan Dasgupta.
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Proposed DOL Rule Could Simplify Contractor Classification
If the U.S. Department of Labor's recently proposed rule governing employee versus independent contractor classification is finalized, it would permit energy sector employers to evaluate the nature of the working relationship with a more straightforward and predictable analysis than the 2024 rule's unweighted test, say attorneys at Bracewell.
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Key Takeaways As HRSA Aims To Revive 340B Rebate Pilot
The U.S. Department of Health and Human Services' recent request for feedback on the 340B Rebate Model Pilot Program demonstrates that it intends to correct the model's procedural defects, which is positive news for participating manufacturers, but a setback for covered entities, say attorneys at Manatt.
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How The New Tariff Landscape May Unfold
To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.
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4th Circ. Navy Federal Decision Illustrates Nuances Of Rule 23
The Fourth Circuit's recent decision in Oliver v. Navy Federal Credit Union helpfully clarified how class action defendants can use Rule 23(c)(1)(A) to eliminate exposure early, along with the limitations of such an approach, say attorneys at Duane Morris.
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Assessing Ruling On SEC Industry Bars In Post-Jarkesy World
According to a D.C. federal court in Sztrom v. U.S. Securities and Exchange Commission, the U.S. Supreme Court's 2024 decision in SEC v. Jarkesy did not eliminate the commission's ability to pursue industry bars through administrative follow-on proceedings, a major blow for future Article 3 challenges — so long as it stands, say attorneys at Venable.
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What Orgs. Should Note In IRS Group Tax Exemption Overhaul
In a significant update, the IRS Revenue Procedure 2026-8 shows that the group exemption program is moving into a new regulatory era involving more uniformity, oversight and compliance obligations, and early action is key to preserve group exemption status and avoid disruption for subordinate organizations, says Ravi Sundara at Spencer Fane.
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What GCs Should Keep In Mind When Developing AI Addenda
When general counsel develop their own customer-side artificial intelligence addenda to be used as the baseline for negotiations with AI vendors, they should take care to rightsize the addenda relative to their organization's size, complexity and bargaining power, say attorneys at Polsinelli.
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How DOJ Is Rethinking Corporate Crime Prosecution Tactics
Recent statements from the Justice Department seem to indicate an incremental shift away from relying on collective employee knowledge when prosecuting corporate crime, and from exploring the bounds of case law that has not been a model of clarity, say attorneys at Covington.
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5 Key Issues Affecting Deal Structurings In Ship Finance
Several trends are shaping the ship finance landscape, including the impact of Basel IV in Europe and the Nordic bond market, making it essential for both lenders and shipowners to utilize creative deal structuring and maintain an awareness of competitive dynamics across traditional bank and private lending, say attorneys at Holland & Knight.
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Character.AI Case Highlights Agentic AI Liability Questions
The recently settled litigation against Character Technologies Inc. provides an early case study for exploring salient legal issues related to agentic artificial intelligence, such as tort liability, strict liability, statutory liability and contractual liability, says Samuel Mitchells at Smith Gambrell.