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Compliance
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April 02, 2026
5th Circ. Rejects Stanford's Bid To Overturn $6.8B SEC Win
A Fifth Circuit panel affirmed a lower court judgment requiring convicted Ponzi schemer Robert Allen Stanford to fork over $6.76 billion to the U.S. Securities and Exchange Commission in its 16-year-old suit over Stanford's $7 billion fraud scheme, finding that he failed to properly raise many of his arguments during the summary judgment stage.
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April 02, 2026
Nexstar Slams DirecTV's 'Speculative' $6.2B Merger Challenge
Broadcast giants Nexstar and Tegna urged a California federal judge on Thursday to allow their $6.2 billion merger to proceed as state attorneys general and DirecTV challenge the tie-up, arguing that their allegations of harm are "generalized and speculative" and that DirecTV is merely trying to maximize its leverage in future negotiations.
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April 02, 2026
Ex-Client Seeks Fees Or Default Against Suspended Fla. Atty
The former client of a suspended Florida attorney has asked a federal court to recover fees or enter a default against the lawyer and his firm in a proposed class action alleging he charged retainers before abandoning cases, saying he defied a judge's orders to explain his alleged misconduct.
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April 02, 2026
Groups Say Feds' Gulf Species Exemption Flouted Process
Environmental conservation groups have sued a committee of top federal officials that waived Endangered Species Act requirements for oil and gas activities in the Gulf of Mexico, alleging the so-called "God Squad" violated key procedural safeguards.
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April 02, 2026
DraftKings, FanDuel Hit With Location Tech Patent Suits
Interactive Games accused DraftKings Inc. and FanDuel Inc. of infringing various patents to confirm the identity and location of mobile devices and their users to facilitate online gambling and sports betting, in separate lawsuits brought Thursday in Massachusetts and New Jersey federal courts.
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April 02, 2026
SEC Claims Now-Deceased Investment Adviser Bilked Clients
The U.S. Securities and Exchange Commission filed suit Thursday against the estate of an investment adviser and his advisory firm, claiming they stole $1.7 million worth of client funds to pay for personal and business expenses.
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April 02, 2026
SEC's Musk Suit Presses Ahead As Settlement Talks Uncertain
The U.S. Securities and Exchange Commission is moving forward with a case accusing Elon Musk of failing to timely disclose his ownership stake in Twitter, with Musk telling a Washington, D.C., federal judge that the case may head to trial, just weeks after the parties told the judge they were negotiating a possible deal to end the case.
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April 02, 2026
5th Circ. Urged To Rethink Tax Break For Limited Partners
The Internal Revenue Service asked the Fifth Circuit to reconsider its decision allowing business partners with limited liability under state law to be excluded from the federal self-employment tax, saying it threatens the funding of Social Security and Medicare.
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April 02, 2026
Convenience Store Chain Denied Quick Appeal In Wage Suit
Han-Dee Hugo's can't immediately appeal a decision conditionally certifying a collective action of gas and convenience store managers in an overtime pay dispute, a North Carolina federal judge ruled, finding that it failed to show that doing so would speed up the litigation.
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April 02, 2026
BofA $72.5M Deal With Up To 75 Epstein Victims Clears Hurdle
A Manhattan federal judge gave preliminary approval Thursday to a settlement in which Bank of America will pay $72.5 million to as many as 75 women to settle allegations that it facilitated what the court called Jeffrey Epstein's "monstrous" sex trafficking and abuse.
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April 02, 2026
NC Top Court Scraps Judicial Fix For Public School System
The North Carolina Supreme Court ruled in a divided decision Thursday that a trial court lacked the power to impose constitutional remedies for the state's failure to provide students with a quality education, invalidating nine years of developments in the decadeslong case known as Leandro.
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April 02, 2026
Corporate And Banking Atty Joins Barnes & Thornburg In DC
Barnes & Thornburg LLP has hired a former Arnold & Porter Kaye Scholer LLP corporate attorney, who is joining the team in Washington to represent domestic and foreign banks, credit unions and financial services clients.
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April 02, 2026
Vape Sellers, Makers Evade Ga. Woman's RICO Scheme Suit
A Georgia federal judge has tossed a suit against numerous vape sellers and makers alleging they conspired to sell vapes with illegal levels of delta-9 THC, saying her complaint fails to allege any kind of scheme, but rather amounts to describing the normal supply chain.
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April 01, 2026
Wheeling & Appealing: April's Most Notable Oral Arguments
April is the coolest month, at least for appellate aficionados, featuring numerous important arguments with famous litigants, including U.S. senators, delivery apps Grubhub and Uber Eats, impresario Sean "Diddy" Combs, prediction platforms Kalshi and Robinhood, and a political giant known as the Velvet Hammer.
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April 01, 2026
Evita Boss Admits To Russia-Linked Crypto Laundering Ruse
The founder of crypto payments firm Evita on Wednesday admitted to what prosecutors say was a scheme to launder over half a billion dollars in cross-border transactions through the U.S. financial system, including funds held by sanctioned Russian banks.
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April 01, 2026
9th Circ. Revives Aya Health Arbitrations In Nurses' Wage Suit
A Ninth Circuit panel Wednesday reversed a district court ruling that voided arbitration agreements between Aya Healthcare Services Inc. and more than 250 employees, ruling that the lower court erred when it used the individual findings of two arbitrators to nix the agreements entirely.
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April 01, 2026
CFPB Seeks Green Light To Shed Half Of Staff In New Plan
The Consumer Financial Protection Bureau has asked the D.C. Circuit to let it proceed with a new plan to lay off roughly half of its remaining staff, arguing this latest downsizing proposal moots concerns that led to a lower-court injunction freezing efforts to slash its workforce.
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April 01, 2026
Novo Nordisk Unit Says Ex-Exec's Poor Work Dooms Bias Suit
By the time she was fired, a finance director of Novo Nordisk unit NNE Inc. had been falling short of company expectations while the pharmaceutical giant was preparing to get a multibillion-dollar drug facility off the ground, NNE's counsel told a North Carolina federal court Wednesday.
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April 01, 2026
Feds Pressed On RFK Jr. 's Call To Study Cell Emission Risks
Environmental Health Trust, a think tank that contends wireless radiation is bad for people's health, asked the FCC to comply with a 2021 D.C. Circuit order directing the agency to examine whether low level radio frequency radiation hurts children or could be harmful over time.
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April 01, 2026
11th Circ. Backs Order To Fix Fla. System For Disabled Kids
The Eleventh Circuit upheld an injunction finding Florida's institutionalization of children with complex medical conditions violated the Americans with Disabilities Act, ruling in a split opinion that a lower court mostly didn't abuse its discretion with ordering reforms.
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April 01, 2026
FDIC Reports Fewest Consumer Compliance Citations In Years
Federal Deposit Insurance Corp. examiners last year cited banks for the fewest number of federal consumer protection violations since at least 2018, while the agency initiated half as many consumer protection-related enforcement actions as it did the year prior.
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April 01, 2026
Quantum Corp. Seeks Exit From Investor Fraud Suit
Data storage company Quantum Corp. asked a Colorado federal judge to throw out a proposed class action against it, claiming the investor did not show that the company or its executives acted with actual knowledge of the alleged securities fraud or deliberate recklessness.
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April 01, 2026
Boeing Must Face Trimmed 737 Max Securities Fraud Suit
An Illinois federal judge said equity funds alleging Boeing defrauded investors by downplaying the 737 Max jets' safety flaws can pursue claims related to certain statements made after two deadly crashes in 2018 and 2019, but not claims tied to a separate door-plug blowout in 2024.
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April 01, 2026
SEC Walks Away From Five Crypto Wash Trading Cases
The U.S. Securities and Exchange Commission has voluntarily dismissed cases against five defendants accused of manipulating the cryptocurrency markets through wash trading, telling a Massachusetts federal court it will not pursue monetary remedies against one convicted fraudster who had already consented to an agency settlement.
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April 01, 2026
Monthly Merger Review Snapshot
The Justice Department allowed Live Nation to keep Ticketmaster while state attorneys general continue to sue, a $14 billion Boston Scientific deal drew Federal Trade Commission scrutiny, state enforcers challenged Nexstar's purchase of Tegna, and a threatened FTC challenge forced the abandonment of a laser eye surgery deal.
Expert Analysis
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Monetizing EV Charging Stations For Long-Term Success
An electric vehicle charging station's longevity hinges on monetizing operations through diverse revenue streams, contractual documentation of charge point operators' and site hosts' rights and responsibilities, and ensuring reliability and security of facilities, says Levi McAllister at Morgan Lewis.
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Emerging Themes In Post-Groff Accommodation Decisions
Nearly three years after the U.S. Supreme Court's seminal decision in Groff v. DeJoy reshaped the legal framework for religious accommodations, lower court decisions and agency guidance have begun to reveal how this heightened standard operates in practice, and the pitfalls for unwary employers, says Helen Jay at Phelps Dunbar.
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Calif.'s Civility Push Shows Why Professionalism Is Vital
The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.
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Del. Dispatch: Workplace Sexual Misconduct Liability In Flux
Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.
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A Potential Shift In FDA's Approach To Drug Trial Design
Recent guidance released by the U.S. Food and Drug Administration clarifying how Bayesian approaches — which combine prior knowledge with new data — may be used in clinical trials reflects the agency's continued interest in innovative trial designs that may accelerate drug approvals, say attorneys at Alston & Bird.
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US-Ukraine Reconstruction Fund Tax Exemptions Uncertain
Tax provisions in the bilateral agreement to establish the U.S.-Ukraine Reconstruction Investment Fund, which recently announced it is accepting applications, are so broad and imprecise as to leave uncertainty regarding whether and when tax exemptions will apply to investors' income, say attorneys at Avellum and Debevoise.
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Locations, Permits And Power Are Key In EV Charger Projects
To ensure the success of public electric vehicle charging infrastructure projects, developers, funders, site hosts and charge point operators must consider a range of factors, including location selection, distribution grid requirements and costs, and permitting and timeline impacts, says Levi McAllister at Morgan Lewis.
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Should Prediction Markets Allow Trading On Nonpublic Info?
Recent trading activity, such as the Polymarket wager on the U.S. capture of Venezuelan President Nicolás Maduro, has raised questions about whether some participants may be engaging in trading that is based on material nonpublic information, and highlights ongoing uncertainty about how existing derivatives and anti-fraud rules apply to event-based contracts, say economic consultants at the Brattle Group.
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NLRB May Not See Employer-Friendly Changes Anytime Soon
Despite the long-awaited confirmation of a new National Labor Relations Board general counsel and two new board members, slower case processing, the NLRB's changing priorities and an unofficial rule about a three-member majority may prevent NLRB precedent from swinging in businesses' favor this year, says Jesse Dill at Ogletree.
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FCC Satellite Co. Action Starts New Chapter For Team Telecom
The Federal Communications Commission's recent settlement with satellite company Marlink marks a modest but meaningful step forward in how the U.S. regulates foreign involvement in its telecommunications sector, proving "Team Telecom" conditions are not limited to companies with substantial foreign ownership, says attorney Sohan Dasgupta.
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Series
Trivia Competition Makes Me A Better Lawyer
Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.
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What FDA Guidance Means For Future Of Health Software
Two significant final guidance documents released by the U.S. Food and Drug Administration last month reflect a targeted effort to ease innovation friction around specific areas, including singular clinical decision support recommendations and sensor-based wearables, while maintaining established regulatory boundaries, say attorneys at Covington.
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Tips For Banks Navigating AI Benefits, Risks And Regulation
To understand how artificial intelligence affects banks and is used in the products and services they offer, they must examine use cases, efficiencies, benefits, risks, vendor management and oversight, as well as consider how regulators can use AI and are monitoring its use in banking activity, says Doug Hiatt at Fredrikson & Byron.
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State And Int'l Standards May Supplant EPA's GHG Rule
The U.S. Environmental Protection agency's recent repeal of its 2009 finding that greenhouse gases endanger public health will likely increase regulatory uncertainty, as states attempt to fill the breach with their own regulatory regimes and some companies shift focus to international climate benchmarks instead, say attorneys at ArentFox Schiff.
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Opinion
Federal Preemption In AI And Robotics Is Essential
Federal preemption offers a unified front at a decisive moment that is essential for safeguarding America's economic edge in artificial intelligence and robotics against global rivals, harnessing trillions of dollars in potential, securing high-skilled jobs through human augmentation, and defending technological sovereignty, says Steven Weisburd at Shook Hardy.