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Compliance
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March 06, 2026
Fortnite Maker Says Ex-Contractor Leaked Secrets For 'Clout'
Fortnite maker Epic Games Inc. accused a former contractor of anonymously leaking company secrets on social media, violating his nondisclosure agreement and jeopardizing the gaming company's business relationships, according to a lawsuit filed in North Carolina federal court.
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March 06, 2026
Treasury Regs Clarify $1,000 Payments To Trump Accounts
The U.S. Department of the Treasury and the Internal Revenue Service proposed tax guidance Friday for people considering the government's offer to make $1,000 contributions under a new type of individual retirement accounts for children known as Trump accounts.
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March 06, 2026
Cleary Rehires Former Federal Prosecutor From Paul Weiss
Cleary Gottlieb Steen & Hamilton LLP announced on Thursday that it has rehired a former Paul Weiss Rifkind Wharton & Garrison LLP lawyer who previously served as co-chief of the Southern District of New York's General Crimes Section.
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March 06, 2026
Gov't Settles Affordable Housing Dispute With NY Village
The federal government has agreed to settle its affordable housing suit against a New York village that was accused alongside a local county of failing to comply with a 2018 agreement that required the village and the county to build or rehabilitate 62 affordable housing units within seven years.
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March 06, 2026
Tobacco Co. Nasco Argues Hestia Suit Lacks Specifics
A tobacco product manufacturer is asking a North Carolina federal court to throw out some claims in a contract dispute with the owners of Hestia Tobacco, saying the complaint hasn't identified contracts that it allegedly interfered with, or any fraud.
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March 06, 2026
Eateries Settle Service Charge Dispute With Mass. AG
Two downtown Boston restaurants will pay a total of around $422,000 to resolve administrative complaints that alleged they failed to distribute proceeds from a service fee to employees as required by the Massachusetts Wage Act, the state attorney general's office announced Friday.
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March 06, 2026
Companies In Limbo Over Calif. Climate Disclosure Laws' Fate
Companies that do business in California are stuck in no-man's-land as the Golden State implements sweeping laws requiring disclosure of financial risks tied to climate change, at the same time the Ninth Circuit is poised to decide whether to block the laws.
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March 05, 2026
Anthropic Deemed Supply Chain Risk By Pentagon, Vows Suit
The Pentagon has officially informed Anthropic that it is a supply chain risk to the United States' national security, a designation that the artificial intelligence company plans to challenge in court as not "legally sound," according to a statement by Anthropic's CEO on Thursday.
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March 05, 2026
Twitter 'Lied' About Bots, Musk Says At Stock Fraud Trial
Elon Musk continued his testimony in California federal court Thursday in litigation over Twitter investors' claims he publicly trashed the company to get a better deal on his buyout, calling Twitter's claims about bots on the platform "utterly absurd" and contending "they lied in public SEC documents repeatedly."
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March 05, 2026
Treasury, OPM Must Face Privacy Suit Over DOGE Info Access
The federal government must face a proposed class action accusing it of the "largest data breach" in the nation's history, after a D.C. federal judge said Wednesday that the plaintiffs alleged factual injuries suffered from the disclosure of their most sensitive information, which are "foundational to Americans' data-driven, internet-based lives."
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March 05, 2026
DC Circ. Urged To Pause DOT Immigrant Truck Driver Rule
Local governments, legal advocates, Teamsters California and others have urged the D.C. Circuit to suspend the U.S. Department of Transportation's new final rule containing sweeping restrictions on nondomiciled commercial driver's licenses for immigrants, saying nearly 200,000 drivers would be culled from the workforce and trigger a supply chain and critical services crisis.
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March 05, 2026
Pfizer Gets OK For $29M SEC Payout From Insider Case
A New York federal judge on Thursday approved a request from the U.S. Securities and Exchange Commission and Pfizer to have $29 million paid out to a Pfizer subsidiary from the roughly $75.2 million distribution left over from a $602 million insider trading deal.
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March 05, 2026
Tokenized Securities Get Same Capital Treatment, Feds Say
Federal banking regulators said Thursday that the capital treatment of so-called tokenized securities is the same as their traditional counterparts, emphasizing that bank capital rules are "technology neutral" and don't change when a security is recorded on a distributed ledger.
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March 05, 2026
Signal 'Never' Regular Biz Practice, Amazon Tells FTC Judge
Amazon.com Inc. assailed the Federal Trade Commission for accusing the company of using auto-deleting Signal chats and improper privilege claims to hide evidence of rules that created an artificial pricing floor across online retail stores, telling a Washington federal judge that it never hid anything.
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March 05, 2026
SEC To Settle Justin Sun Crypto Wash Trading Case
The U.S. Securities and Exchange Commission said Thursday it has reached a settlement with Tron founder Justin Sun to end a closely watched, Biden-era enforcement action, with one of Sun's companies set to pay a $10 million penalty for allegedly facilitating wash trading of the cryptocurrency TRX.
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March 05, 2026
9th Circ. Denies Bail Pending Nurse Wage-Fixing Appeal
A Ninth Circuit panel summarily refused to allow a Las Vegas home nursing executive to avoid prison while appealing the U.S. Department of Justice's first-ever criminal wage-fixing conviction.
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March 05, 2026
XAI Fails To Block California's Disclosure Law
A California federal judge has declined to entertain X.AI LLC's request to block enforcement of a state law that would require artificial intelligence companies to disclose data used in training their models, saying xAI hadn't shown that trade secrets would be implicated by the law.
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March 05, 2026
Energy Firms Ordered To Split Trade Secrets Case Settlement
A Texas Business Court judge ordered two energy companies to split a settlement that resolved a trade secrets case relating to cost-cutting measures taken on a $639 million acquisition of Shell assets, finding both parties were entitled to the settlement funds.
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March 05, 2026
Mich. AG Accuses Kalshi Of Unlicensed Gambling
Michigan is the latest state to take action against prediction-market exchanges, accusing KalshiEX LLC of running an unlicensed online sports betting platform in a lawsuit removed to federal court on Thursday.
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March 05, 2026
Feds Oppose Early End To Supervision For Ex-Mich. Lobbyist
Federal prosecutors urged a Michigan federal judge to deny a request by a former marijuana industry lobbyist convicted in a bribery scheme to end his supervised release early, arguing that simply following the rules for a short period of time does not justify shortening his sentence.
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March 05, 2026
EU Approves KKR, PAG's $3B Sapporo Property Biz Buy
The European Commission has approved global investment firm KKR & Co. Inc. and private asset manager PAG's $3 billion acquisition of Sapporo Holdings Ltd.'s real estate business.
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March 05, 2026
Wells Fargo Exits Last Outstanding Fed Enforcement Order
The Federal Reserve on Thursday closed out the rest of a 2018 enforcement order issued against Wells Fargo & Co. in the wake of its fake accounts scandal, saying the bank has met all requirements for release after nearly a decade of work.
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March 05, 2026
Neb. AG Hits Roblox With Suit Over Kid Safety
Nebraska on Wednesday became the latest state to hit popular gaming platform Roblox with a suit alleging that it fails to protect children against online predators, saying even new age verification policies are not enough to safeguard minors.
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March 05, 2026
Enviri, Veolia's $3B Clean Earth Deal Gets US Antitrust Nod
Enviri Corp. has disclosed the early termination of the waiting period under the Hart-Scott-Rodino Act for its planned sale of Clean Earth to Veolia Environnement SA for more than $3 billion.
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March 05, 2026
Robinhood Sues Mich. AG Over Event Contracts
Robinhood Derivatives LLC has filed suit against the Michigan attorney general and state gaming regulators, asking a federal judge to bar the state from using its gambling laws to target federally regulated sports event contracts.
Expert Analysis
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NYC Bar Opinion Warns Attys On Use Of AI Recording Tools
Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.
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Ruling Helps Clarify FERC's Post-Jarkesy Enforcement Power
A North Carolina federal court's recent ruling in American Efficient v. Federal Energy Regulatory Commission may be a step in providing clarity on FERC's enforcement authority under the Federal Power Act in the wake of the U.S. Supreme Court's 2024 decision in U.S. Securities and Exchange Commission v. Jarkesy, say attorneys at Sidley.
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Series
The Biz Court Digest: Dispatches From Utah's Newest Court
While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.
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Aerospace And Defense Law: Trends To Follow In 2026
Some of the key 2026 developments to watch in aerospace and defense contracting law stem from provisions of this year's National Defense Authorization Act, a push to reform procurement, executive orders that announced Trump administration priorities, the upcoming Artemis space mission and continuing efforts to deploy artificial intelligence, say attorneys at Thompson Hine.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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3 Key Ohio Financial Services Developments From 2025
Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.
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Privacy Ruling Shows How CIPA Conflicts With Modern Tech
A California federal court's recent holding in Doe v. Eating Recovery Center that Meta is not liable for reading, or attempting to read, the pixel-related transmission while in transit reflects a mismatch between the California Invasion of Privacy Act's 1967 origins and modern encrypted, browser‑driven communications, says David Wheeler at Neal Gerber.
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Rescheduling Cannabis Marks New Tax Era For Operators
As the attorney general takes steps to move cannabis from Schedule I to Schedule III of the Controlled Substances Act, operators and advisers should prepare by considering the significant changes this will bring from tax, state, industry and market perspectives, says Michael Harlow at CohnReznick.
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Navigating Trade Secret Exceptions In Noncompete Bans
Recent and ongoing developments in the noncompete landscape, including a potential decision from the Tenth Circuit in Edwards Lifesciences v. Thompson, could offer tools for employers to bring noncompete agreements within trade secret exceptions amid an era of heightened employee mobility, say attorneys at Sullivan & Cromwell.
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Series
Playing Tennis Makes Me A Better Lawyer
An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.
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OCC Rulemaking May Clear Haze Around Trust Banks' Scope
A recent Office of the Comptroller of the Currency proposal at last eliminates uncertainty around whether national trust banks can engage in nonfiduciary activities, but it does not address which activities are permissible or whether a minimum amount of fiduciary activity is required, say attorneys at Davis Polk.
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Justices' BDO Denial May Allow For Increased Auditor Liability
The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.
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FTO Designations: Containing Foreign Firms' Legal Risks
Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.
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What To Expect From Justices' 401(k) Ruling, DOL Rulemaking
The U.S. Supreme Court's upcoming ruling in Anderson v. Intel, addressing alternative assets in defined contribution plans, coupled with the U.S. Department of Labor's recently proposed regulation on fiduciary duties in selecting alternative investments, could alleviate the litigation risk that has impeded wider consideration of such investments, say attorneys at Ropes & Gray.
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Digital Assets May Be In For A Growth Spurt In 2026
All signs point to an acceleration in digital asset product and service innovation throughout 2026, and while questions of first impression still need to be addressed, some legal issues will be clarified, spurring developments namely on the tokenization and stablecoin fronts, say attorneys at Skadden.