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Compliance
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October 28, 2025
Democrats Press Treasury, DOJ On Binance Founder's Pardon
Senate Democrats pressed leaders of the U.S. Department of the Treasury and the U.S. Department of Justice on how President Donald Trump's recent pardon of Binance founder Changpeng Zhao affects their ability to "hold criminals accountable," arguing in a Tuesday letter that the clemency came after a deal that "enriched" the president.
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October 28, 2025
Treasury Urged To Embrace Tech In Crypto Compliance Push
Cryptocurrency advocates and bank trade groups both urged the U.S. Department of the Treasury to issue guidance that will enable them to use novel technologies to keep up with illicit finance threats in digital asset markets, although banks cautioned the regulator to keep institutions and crypto upstarts on equal footing when it comes to burdens to fight money laundering.
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October 28, 2025
CFPB Calls Off Nonbank 'Fine Print,' Enforcement Registries
The Consumer Financial Protection Bureau on Tuesday continued its rollback of Biden-era policies, finalizing the closure of its nonbank enforcement registry and formally scrapping a plan to track financial firms' use of liability waivers and other "fine print" contract terms.
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October 28, 2025
Wash. Justices Pick Apart Aeropostale Shopper Discount Suit
The Washington Supreme Court cast doubt Tuesday on an Aeropostale customer's claims over an alleged fake discounting scheme, with one justice noting consumers cannot sue post-purchase just because they didn't get "as good of a deal" as they thought they were getting.
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October 28, 2025
Salvage Co. Gets OK To Subpoena Banks In $67M Case
Heavy lifting and transport company Mammoet Salvage BV won approval on Tuesday from a New York federal judge to subpoena several banks as it seeks information on assets belonging to Iraqi state-owned Basra Oil Co., part of its efforts to enforce an arbitral award now worth some $67 million.
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October 28, 2025
States Ask Supreme Court To Resolve PFAS Removal Dispute
Maryland and South Carolina are asking the U.S. Supreme Court to overturn the Fourth Circuit's decision to move their state court lawsuits against 3M Co. over environmental contamination from consumer products containing forever chemicals to federal court.
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October 28, 2025
Ex-FBI Informant Loses Appeal Over $12M Short-Swing Profits
The Second Circuit on Tuesday ordered a former FBI informant to return $12.3 million in profits he made off of short-swing trading in a pair of publicly traded companies, with the court ruling that he was tardy in his attempts to try to get the amount reduced.
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October 28, 2025
Basketball Player Adds Failed NCAA Appeal To Antitrust Suit
The Sixth Circuit's dismissal of the NCAA's appeal of football star Diego Pavia's injunction should factor into a college basketball player's attempt to also extend his athletic career, the player has told a Tennessee federal judge.
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October 28, 2025
Wash. Justices Open To Meta's Political Ad Law Challenge
The Washington Supreme Court appeared receptive Tuesday to Facebook parent company Meta's appeal of a $35 million judgment in a case over political advertising disclosure violations, with at least two justices emphasizing the purported burden the state's requirements impose on digital platforms.
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October 28, 2025
Nikola Founder's Suit Against CNBC Is 'Hubris,' NJ Panel Told
CNBC and Hindenburg Research LLC urged a New Jersey appellate panel on Tuesday to block the trade libel claims of Nikola Corp.'s founder, executive chairman and chief executive, saying he was merely recasting a time-barred defamation claim to sidestep New Jersey's one-year statute of limitations.
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October 28, 2025
NCLA Appeals SEC's FOIA Victory In Breach Case
The New Civil Liberties Alliance asked the D.C. Circuit on Tuesday to review a lower court ruling that it could not access all the documents it sought to obtain from the U.S. Securities and Exchange Commission following an internal information breach at the agency.
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October 28, 2025
FCC Floats Rules To Streamline Space Biz Licensing
The Federal Communications Commission on Tuesday proposed expediting space and earth station licensing rules and starting a spectrum rework in six upper microwave bands.
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October 28, 2025
Green Groups Ask DC Circ. To Revive Climate Grant Class Suit
Green groups and local governments are asking the D.C. Circuit to revive their now-dismissed proposed class action accusing the Trump administration of illegally terminating a $3 billion environmental justice block grant program.
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October 28, 2025
Curaleaf Asks For Quick Action On NJ Pot Shop Union Rule
Cannabis giant Curaleaf's ability to operate in New Jersey could be in jeopardy by the end of the week, it told a federal judge Tuesday when seeking an expedited hearing on its motion to block the state's cannabis regulator from requiring the company to adopt labor peace agreements with unions.
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October 28, 2025
FCC Raises Prison Phone Rate Caps, Scrapping Dems' Effort
The Federal Communications Commission Tuesday revamped the rate cap structure for jail and prison phone calls, allowing providers to charge higher per-minute rates and wiping out a Democratic rule that addressed the same issue a year ago.
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October 28, 2025
Colo. Appellate Panel Backs Order To Donate Pre-Embryos
Colorado appellate judges have upheld a state trial court ruling finding that a nonmarried couple must donate their cryogenically preserved pre-embryos that were created before the dissolution of their relationship.
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October 28, 2025
Raleigh Urges NC Justices To Stop 'Windfall' For Developers
Without reversal of a trial court's class certification order, a lawsuit seeking refunds for fees levied to hook up to Raleigh's water and sewer system will result in duplicative "windfall" payments and spinoff litigation, the North Carolina Supreme Court was told Tuesday.
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October 28, 2025
Grassley Calls On Judiciary To Formally Regulate AI Use
Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, is calling on the federal judiciary to set formal policies regarding artificial intelligence after he exposed two mishaps involving federal judges in New Jersey and Mississippi.
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October 28, 2025
Feds Rip Calif.'s Bid To Halt $4B Bullet Train Funds Reshuffle
The Trump administration has told a federal judge that California is not entitled to billions in continued funding for its beleaguered high-speed rail project, firing back at what it describes as the Golden State's attempt to hoard grant funds that could be allocated to other projects.
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October 28, 2025
Tax Software Co. Denies Poaching Rival's Workers
Tax preparation software company Avalara asked a Pennsylvania federal court to deny claims by a competitor that it illegally lured workers with generous job offers, saying it did not unfairly compete or interfere with the competitor's contracts as it claimed.
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October 28, 2025
Cognizant Can't Knock Out Suit Over 401(k) Roster, Fees
Cognizant Technology Solutions failed to shut down a proposed class action claiming the information technology company saddled its 401(k) plan with subpar investment options and steep recordkeeping fees, though a New Jersey federal judge said it's unclear whether the ex-workers behind the suit have standing.
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October 28, 2025
US Partners With Westinghouse For $80B Nuke Plant Buildout
The Trump administration on Tuesday announced it will partner with nuclear technology manufacturer Westinghouse Electric Co. to build at least $80 billion worth of new reactors in the U.S. to support and accelerate the development of data centers and artificial intelligence.
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October 28, 2025
NY, Green Orgs. Say Feds Can't Block Climate Superfund Law
The state of New York and a group of environmental organizations on Tuesday pushed back on the federal government's motion for summary judgment in a suit challenging the state's new Superfund law, saying the court should reject the U.S. Environmental Protection Agency's argument that New York's law is preempted.
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October 28, 2025
Getting Grilled By FINRA 'Blows,' StraightPath Exec Texted
A StraightPath co-founder on trial for an alleged $400 million investor fraud complained via text about a Financial Industry Regulatory Authority probe as he gave what prosecutors call false testimony, evidence before a Manhattan federal jury showed Tuesday.
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October 28, 2025
Texas Accuses Tylenol Makers Of Hiding Autism Danger
The Texas Attorney General's Office on Tuesday sued the makers of Tylenol, alleging they hid the risk that the drug could lead to autism while marketing acetaminophen as the safest pain relief option for pregnant women and young children.
Expert Analysis
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Federal Grantees May Soon Face More Limitations On Speech
If courts accept the administration’s new interpretation of preexisting case law, which attempts to graft onto grant recipients the existing limitations on government contractors' free speech, a more deferential standard may soon apply in determining whether an agency’s refusal or termination of a grant was in violation of the First Amendment, say attorneys at Venable.
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Strategies For Merchants As Payment Processing Costs Rise
As current economic pressures and rising card processing costs threaten to decrease margins for businesses, retail merchants should consider restructuring how payments are made and who processes them within the evolving legal framework, says Tom Witherspoon at Stinson.
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7 Areas To Watch As FTC Ends Push For A Noncompete Ban
As the government ends its push for a nationwide noncompete ban, employers who do not want to be caught without protections for legitimate business interests should explore supplementing their noncompetes by deploying elements of seven practical, enforceable tools, including nondisclosure agreements and garden leave strategies, say attorneys at Seyfarth.
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Shifting Crypto Landscape Complicates Tornado Cash Verdict
Amid shifts in the decentralized finance regulatory landscape, the mixed verdict in the prosecution of Tornado Cash’s founder may represent the high-water mark in a cryptocurrency enforcement strategy from which the U.S. Department of Justice has begun to retreat, say attorneys at Venable.
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Opinion
NYC Landlords Should Fight Unlawful Occupancy With 2 Laws
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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Blockchain May Offer The Investor Protection SEC Seeks
As the U.S. Securities and Exchange Commission moves to control the ballooning costs of the consolidated audit trail and attempts to finally give regulators a unified, real-time picture of trading, blockchain demonstrates what it looks like when that kind of transparency is a baseline feature, not an aspirational overlay, says Tuongvy Le at Veda Tech Labs.
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Del. Dispatch: Chancery Expands On Caremark Red Flags
The Delaware Court of Chancery’s recent Brewer v. Turner decision, allowing a shareholder derivative suit against the board of Regions Bank to proceed, takes a more expansive view as to what constitutes red flags, bad faith and corporate trauma in Caremark claims, say attorneys at Fried Frank.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Prepping For Website Automatic Opt-Out Signal Mandates
Maryland's Online Data Privacy Act, which, along with a growing number of U.S. states, requires businesses to offer mechanisms in their privacy policies or online interfaces to allow individuals to opt out of data collection, marks a new frontier in consumer privacy, raising both technical and legal risks, say attorneys at Baker Donelson.
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Tips For Cos. Crafting Enforceable Online Arbitration Clauses
Recent rulings from the Ninth Circuit and the U.S. District Court for the Southern District of California indicate that courts are carefully examining the enforceability of online arbitration clauses, so businesses should review the design of their websites and consider specific language next to the "purchase" button, say attorneys at DTO Law.
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Who Will Regulate Insider Trading In Prediction Markets?
The possibilities for insider trading have greatly expanded in the brave new world of prediction markets, and both the U.S. Commodity Futures Trading Commission and U.S. Department of Justice could bring enforcement actions in the space, so businesses should revisit their insider trading and confidential information policies, say attorneys at Fenwick.
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Opinion
Crypto Bills' Narrow Scope Guarantees Continued Uncertainty
The Digital Asset Market Clarity Act and Responsible Financial Innovation Act aim to make the $4 trillion crypto market more transparent and less susceptible to fraud, but their focus on digital assets sold in investment contract transactions promises continued uncertainty for the industry, says Joe Hall at Davis Polk.
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Rules Of Origin Revamp May Be Next Big Trade Development
The rules of origin for determining what tariff applies to any given import appear to be on the cusp of an important rethink, and it seems likely that the administration will try to align the rule with its overall tariff strategy in one of three ways, says Ted Posner at Baker Botts.
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7 Lessons From The Tractor Supply CCPA Enforcement Action
The California Privacy Protection Agency's recent enforcement action targeting Tractor Supply for alleged violations of the California Consumer Privacy Act provides critical insights into the compliance areas that remain a priority for the California regulator, including businesses with significant consumer interactions, say attorneys at Troutman.