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Compliance
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March 12, 2026
Musk Banker Tells Jury Twitter Held Up Takeover Deal
An ex-Morgan Stanley banker who advised Elon Musk on his $44 billion Twitter acquisition testified Thursday in a trial seeking billions for investors claiming Musk tanked the social media company's stock to disrupt the takeover, saying Twitter was the one that obstructed the deal.
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March 12, 2026
9th Circ. Partially Lifts Block On Calif. Kids' Privacy Law
The Ninth Circuit on Thursday scrapped part of an injunction halting a groundbreaking California law requiring social media platforms to bolster privacy protections for children, finding that the tech trade group behind the lawsuit wasn't likely to succeed on its First Amendment challenge to the statute's coverage definition and age estimation mandate.
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March 12, 2026
Ariz. Docs Ink $4.75M FCA Deal Over Unnecessary Treatment
An Arizona-based physician group that offers cardiology and vascular services has inked a $4.75 million settlement to resolve False Claims Act allegations they performed unnecessary vein ablations and submitted claims for payment to government healthcare programs for reimbursement, the U.S. Department of Justice said Thursday.
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March 12, 2026
Texas Panel Unsure Beto O'Rourke's Fundraising Row Is Over
A Texas appellate court hinted Thursday that a bid by former Democratic U.S. Rep. Robert Francis "Beto" O'Rourke to erase the remains of Attorney General Ken Paxton's challenge to his political fundraising may be muddled by a contempt request that's still pending despite the state having gotten the substantive relief it sought.
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March 12, 2026
Valve Faces 'Loot Box' Gambling Suits After NY AG's Action
On the heels of the New York attorney general's accusations that Washington-based Valve Corp. promotes illegal gambling through its popular video game franchises, gamers filed two putative class actions in Seattle federal court similarly targeting the entertainment giant's use of "loot boxes."
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March 12, 2026
DC Circ. Spends Hours Debating 'Same' Generic Label Reqs
The D.C. Circuit spent more than three hours Thursday going round with Vanda Pharmaceuticals and the U.S. Food and Drug Administration about whether the label for a generic sleep-wake disorder medication is "the same" as the branded one because it doesn't include Braille.
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March 12, 2026
Fed's Bowman Previews Plan To Rewrite Bank Capital Rules
Federal Reserve Vice Chair for Supervision Michelle Bowman said Thursday that federal regulators will move next week to propose a sweeping overhaul of U.S. bank capital rules, previewing changes that are expected to result in a "modest" net easing for larger banks.
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March 12, 2026
Piracy Tops List Of Worries In Next-Generation TV Changeover
Broadcasters have a lot on their plates as they move to the next TV standard, but chief among their worries will be protecting content from piracy, a security group formed by the major networks told the Federal Communications Commission.
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March 12, 2026
DOJ Wants Morgan Stanley, DOL Opinion Dispute Tossed
The U.S. government has moved to dismiss a suit from former Morgan Stanley financial advisers challenging a U.S. Department of Labor advisory opinion that said the bank's deferred compensation plans likely aren't covered by federal benefits law, with the advisers responding by saying the agency's finding is hurting them because the bank is using it in arbitration proceedings.
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March 12, 2026
Colo. Appeals Panel Finds Preemption Applies To Noise Claim
A Colorado Court of Appeals panel ruled Thursday that federal preemption extends to injunctive relief in a dispute between two Colorado counties over noise levels from training flights at Rocky Mountain Metropolitan Airport.
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March 12, 2026
Meta To Face Sanctions Bid Over Addiction MDL Privilege Log
School district plaintiffs and attorneys general have told a California federal judge they plan to seek sanctions against Meta Platforms Inc. in the social media addiction multidistrict litigation for the tech giant's "extremely belated production" of over 73,841 documents downgraded off privilege logs, months after fact discovery closed.
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March 12, 2026
NJ AG Fines Firm $375K For Lax Fraud Prevention Procedures
Broker-dealer Network 1 Financial Securities Inc. will pay nearly $400,000 to settle claims from the New Jersey attorney general that its procedures related to anti-money laundering, customer identity verification and market abuse prevention were ineffectively established and performed.
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March 12, 2026
UBS Whistleblower Suit Ends In Settlement After Retrial Order
A New York federal judge on Thursday dismissed a fired UBS worker's whistleblower retaliation lawsuit after the parties reached a settlement in principle earlier this week, ending a long-running case that was revived by the U.S. Supreme Court and saw the judge order a retrial last month.
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March 12, 2026
Feds Rip 'Incoherent' SBF Claim Of Political Weaponization
Federal prosecutors fired back at convicted FTX founder Sam Bankman-Fried's pro se bid for a new trial as a "transparent attempt" to further allegedly false narratives that his collapsed crypto exchange was solvent, and he was a victim of political retribution.
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March 12, 2026
Democrats Vow To Oversee DOJ's Reported Binance Inquiry
Three Democratic U.S. senators said Thursday that they will oversee a reported investigation by the U.S. Department of Justice into potential Iran sanctions violations carried out on the cryptocurrency exchange Binance.
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March 12, 2026
NY-NJ Commission's Hudson Tunnel Funds Suit Mostly Moot
The U.S. Court of Federal Claims said Thursday that most of the Gateway Development Commission's claims against the Trump administration are now moot since the federal government recently released millions in previously withheld funds for New York and New Jersey's Hudson Tunnel Project.
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March 12, 2026
Chevron Fined $1M For Double-Counting Renewable Fuels
Chevron agreed to pay a $1.07 million penalty for double-counting renewable fuel credits, settling a lawsuit from the U.S. Department of Justice accusing it of violating the Clean Air Act.
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March 12, 2026
Trump Admin Escapes Suit Over Deleted EPA Webpages
Five federal agencies have won their bid to throw out a D.C. court lawsuit brought by the Sierra Club and other environmental and science groups over the Trump administration's decision to remove U.S. government webpages that shared educational information about the environment.
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March 12, 2026
Mich. Justices Weigh City Manager's Sway In Pot Retail Case
The Michigan Supreme Court heard arguments Thursday over whether a city manager violated the state's Open Meetings Act when he evaluated and ranked applicants for limited recreational marijuana licenses behind closed doors.
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March 12, 2026
Lack Of 'Wages Due' Vexes Pa. Justices In Damages Bid
Members of Pennsylvania's Supreme Court on Thursday seemed to doubt the ability of a debt collection firm's former CEO to sue his employer solely for punitive damages over bonuses the company eventually paid, albeit belatedly, pointing to state law that says claims can be made for "wages due" in the present tense.
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March 12, 2026
Doc's Hands Aren't Property, Texas Panel Rules In Death Suit
A state-employed doctor's hands are not "tangible personal property," a Texas appeals court ruled Thursday, dismissing a wrongful death suit from the family of a patient who contracted a fatal infection during her hospital stay.
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March 12, 2026
Court Told To Keep Holtec Suit Alleging Fraud Scheme Paused
Defendants urged a New Jersey state court to reject Holtec International's bid to lift a stay holding it back from pursuing fraud claims against its former general counsel and others for allegedly embezzling more than $700,000 from the company, arguing that keeping the suit on pause will serve judicial efficiency.
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March 12, 2026
EU Antitrust Officials Targeting 'Entire AI Stack'
The European Union's top antitrust official said Thursday that bloc enforcers are casting a wide net as they look at the ways artificial intelligence companies may try to anticompetitively boost themselves over rivals, including underlying training models and needed power and cloud computing infrastructure.
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March 12, 2026
Jury Reaches $15M Verdict In Fluor Fraud Case
A South Carolina federal jury rejected claims from former Fluor Corp. employees that the company submitted false claims to secure bonus payments under a U.S. military contract in Afghanistan, but found that Fluor knowingly avoided its property management obligations by $15 million.
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March 12, 2026
Charter Bus Co. Settles With Environmental Group Over Idling
The Conservation Law Foundation said Thursday it has reached a tentative agreement to end a long-running lawsuit against bus operator Academy Express over what the foundation alleged was excessive idling at stops.
Expert Analysis
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Takeaways From 1st DOJ Antitrust Whistleblower Payout
The U.S. Justice Department's recent $1 million antitrust whistleblower reward accelerates the race to report by signaling that the Antitrust Division's program can result in substantial financial awards and reinforcing the need for corporate compliance programs that reach beyond core components, say attorneys at Pillsbury.
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Series
Trail Running Makes Me A Better Lawyer
Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.
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Navigating New Risks Amid Altered Foreign Issuer Landscape
The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.
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Open Questions After Defense Contractor Executive Order
The scope and long-term effects of President Donald Trump’s executive order on the U.S. defense industrial base are uncertain, but the immediate impact is significant as it appears to direct the U.S. Department of Defense to take a more active role in contractor affairs, say attorneys at Morgan Lewis.
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Navigating The Void Left By Axed EEOC Harassment Guidance
With the U.S. Equal Employment Opportunity Commission recently rescinding its 2024 enforcement guidance on harassment in the workplace, employers are left to guess how the agency may interpret an employer's obligations under Title VII and binding case law, areas that were previously clarified, say attorneys at Husch Blackwell.
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What NY's GHG Reporting Program Means For Oil, Gas Cos.
New York's new Mandatory Greenhouse Gas Reporting Program represents a significant compliance regime for the oil and gas industry, so any business touching the state's fuel market should determine its obligations, and be prepared to gather data, create a monitoring plan and institute controls for accurate reporting, say attorneys at White & Case.
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What Rescheduling Means For Cannabis Labels, Marketing
The proposed reclassification of cannabis is expected to bring heightened scrutiny of labeling, advertising and marketing from the U.S. Food and Drug Administration and the Federal Trade Commission, but the brands that tighten evidence, standardize operations and professionalize marketing controls now will see fewer surprises and better outcomes, say attorneys at Wilson Elser.
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CFIUS Risk Lessons From Chips Biz Divestment Order
President Donald Trump's January executive order directing HieFo to unwind its 2024 acquisition of a semiconductor business with ties to China underscores that even modestly sized transactions can attract CFIUS interest if they could affect strategic areas prioritized by the U.S. government, say attorneys at Debevoise.
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What Applicants Can Expect From Calif. Crypto License Law
With the July effective date for California's Digital Financial Assets Law fast approaching, now is a critical time for companies to prepare for licensure, application and coverage compliance ahead of this significant regulatory milestone that will reshape how digital asset businesses operate in California, say attorneys at MoFo.
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Elections Mean Time For Political Law Compliance Checkups
An active election year is the perfect time for in-house counsel to conduct a health check on their company's corporate political law compliance program to ensure it’s prepared to minimize risks related to electoral engagement, lobbying, pay-to-play laws and government ethics rules, say attorneys at Steptoe.
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Next Steps For Fair Housing Enforcement As HUD Backs Out
A soon-to-be-finalized U.S. Department of Housing and Urban Development rule, which would hand responsibility for determining disparate impact liability under the Fair Housing Act to the courts, reinforces the Trump administration’s wider rollback of fair lending enforcement, yet there are reasons to expect litigation challenging this change, say attorneys at Spencer Fane.
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Takeaways From 8th Circ. Ruling On Worker's 'BLM' Display
The Eighth Circuit's recent decision in Home Depot v. National Labor Relations Board, finding that Home Depot legally prohibited an employee from displaying Black Lives Matter messaging on his uniform, reaffirms employers' right to restrict politically sensitive material, but should not be read as a blank check, say attorneys at Hunton.
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Malpractice Claim Assignability Continues To Divide Courts
Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.
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What Clarity Act Delay Reveals About US Crypto Regulation
The Senate Banking Committee's decision to delay markup of the Clarity Act, which would establish a comprehensive federal framework for digital assets, illuminates the political and structural obstacles that shape U.S. crypto regulation, despite years of bipartisan calls for regulatory clarity, says David Zaslowsky at Baker McKenzie.
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Courts' Rare Quash Of DOJ Subpoenas Has Lessons For Cos.
In a rare move, three federal courts recently quashed or partially quashed expansive U.S. Department of Justice administrative subpoenas issued to providers of gender-affirming care, demonstrating that courts will scrutinize purpose, cabin statutory authority and acknowledge the profound privacy burdens of overbroad government demands for sensitive records, say attorneys at ArentFox Schiff.