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Compliance
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March 06, 2026
FCC Wants To Make It Easier To Kick People Out Of USF
The Federal Communications Commission wants to make it easier to boot people or entities from the Universal Service Fund, the agency's multibillion-dollar subsidy fund, if it believes they aren't following the rules they agreed to when they signed up.
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March 06, 2026
ExThera Exec Hid Patient Deaths To Keep $10M Deal, DOJ Says
Medical device company ExThera concealed the deaths of two U.S. patients treated with its unapproved blood filtration device at a clinic in Antigua, according to federal prosecutors, with the company agreeing to forfeit nearly $5.7 million and one executive facing up to three years in prison.
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March 06, 2026
Oregon Passes Bill To Limit Out-Of-State Bank Interest Rates
Oregon lawmakers have approved legislation opting it out of a federal law that lets state-chartered banks export their home-state interest rates nationwide, advancing a measure similar to one in Colorado that is tied up in Tenth Circuit litigation.
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March 06, 2026
Calif. Judge Blasts Ex-Venture Capitalist In Axing SVB Suit
Convicted venture capitalist and self-described "Silicon Valley's party animal" Michael Rothenberg's conduct in his lawsuit against the Federal Deposit Insurance Corp., acting on behalf of the failed Silicon Valley Bank, "consisted almost entirely of ignoring or frustrating" his litigation obligations, a California federal judge ruled in throwing out the case.
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March 06, 2026
Employment Authority: 6th Circ. EFAA Ruling Reach
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how a Sixth Circuit's decision that the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act shields from arbitration a suit alleging sex harassment and disability bias claims could have an impact on other courts, how the U.S. Department of Labor could return to an earlier version of a Fair Labor Standards Act joint employer test and how the recent changes the National Labor Relations Board general counsel rolled out could ease the path to settlement and rein in the investigation of alleged rules violations.
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March 06, 2026
Real Estate Recap: Big Data, C-PACE, Mamdani's Planners
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a look at the evolution of big data in real estate transactions, C-PACE financing growth according to Nuveen's head counsel, and New York City Mayor Zohran Mamdani's recent picks to lead the city's planning department.
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March 06, 2026
EisnerAmper Settles SEC Allegations Over Infinity Q Audit
Audit firm EisnerAmper LLP will not have to pay a fine to resolve U.S. Securities and Exchange Commission allegations tied to its 2020 audit of an Infinity Q Capital Management LLC mutual fund at the center of a criminal overvaluation case.
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March 06, 2026
FinCEN Hits Canaccord With Record $80M Broker-Dealer Fine
Canaccord Genuity Group Inc.'s broker-dealer arm Friday agreed to pay $80 million in settlements with three financial regulators for "widespread compliance failures" that allowed some securities fraud schemes to go undetected, with the broker-dealer admitting it willfully violated the Bank Secrecy Act.
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March 06, 2026
Polymarket Pushes For Block On Mich. Gambling Enforcement
Polymarket US urged a Michigan federal judge to block the Great Lakes State from initiating any illegal gambling enforcement action against it, saying its prediction market exchange falls entirely under the purview of the Commodity Futures Trading Commission.
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March 06, 2026
Oil Field Tech Co. Fights OSHA Citation Review Regime
An industrial giant cited by the Occupational Safety and Health Administration for a job site death has filed the latest constitutional challenge to the agency's adjudication system, citing the Supreme Court's landmark decision limiting agency enforcement proceedings for civil penalties.
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March 06, 2026
DOJ Faces 'Serious Questions' In $68M Colony Ridge Deal
A Texas federal judge told an attorney for the U.S. Department of Justice on Friday that he has "serious questions regarding the nature" of a proposed $68 million settlement the agency and the state of Texas reached with Colony Ridge Development.
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March 06, 2026
SEC Ordered To Release Info On Text Messaging Sweeps
A Florida federal judge has harshly criticized the U.S. Securities and Exchange Commission's litigation tactics as an "acute embarrassment" to the agency as he ordered it to turn over information about the penalties imposed on financial institutions whose employees discussed business information on their personal devices.
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March 06, 2026
Feds Say Delay Of Millions In Salmon Funds May Harm Tribes
The federal government is urging a district court to deny an emergency bid by two Washington tribes that would temporarily block millions in tribal hatchery grants to 27 Pacific Indigenous nations, arguing that the only harm in the dispute would be in delaying the awards to the eligible tribes.
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March 06, 2026
Lost Mail Helps State Street Exit Judgment In Crypto Case
A North Carolina federal judge undid a default judgment ruling against investment management firm State Street Global Advisors, finding the investor who sued claiming he lost $650,000 trying to transfer cryptocurrency to a digital wallet named the wrong defendant, and a summons to the firm was lost.
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March 06, 2026
Actelion Pays $65M To Settle Tracleer Antitrust Class Suit
Actelion Pharmaceuticals Ltd. agreed to pay $65 million to resolve antitrust claims from a certified class accusing it of illegally denying generics companies the samples they need to produce generic versions of its hypertension drug Tracleer, according to a brief in Maryland federal court seeking preliminary approval of the settlement.
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March 06, 2026
Amazon Wage Decision Resisted Policy Pressure, Experts Say
The Connecticut Supreme Court's opinion requiring Amazon to pay warehouse workers for time spent awaiting and undergoing post-shift security screenings used basic statutory interpretation tools, not policy arguments, to reach conclusions aligned with other pro-labor laws passed by the state legislature, experts told Law360.
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March 06, 2026
NC Biz Court Won't Take On Insurer's $20M Judgment Dispute
An insurer's suit seeking to collect an outstanding $20 million judgment entered against a North Carolina businessman will be heard in superior court, a state business court judge ruled, finding that the dispute did not meet the statutory requirements for designation as a mandatory complex business case.
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March 06, 2026
NJ Trade Groups Fight Outgoing Admin's Environmental Rules
Two New Jersey trade groups said Friday that they are challenging land use rules designed to mitigate the effects of climate change that were finalized on Gov. Phil Murphy's last day in office.
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March 06, 2026
Comerica Didn't Steal Fed Benefits Interest, Judge Finds
A Michigan federal judge has dismissed a proposed class action accusing Comerica Bank and the federal government of improperly withholding interest on prepaid debit card accounts used to distribute Social Security and other benefits, ruling recipients have no property right to those earnings.
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March 06, 2026
NYSE To Pay $9M SEC Fine Over Botched Market Opening
The New York Stock Exchange on Friday agreed to pay $9 million to the U.S. Securities and Exchange Commission following a hardware failure that caused thousands of trades to fail and dozens of stocks to be hit with price declines.
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March 06, 2026
Trump Media Can't Block Financial Testimony In WaPo Suit
A Florida federal court denied President Donald Trump's social media company's bid to prevent The Washington Post from asking Trump Media corporate representatives about the company's financial information, finding it is relevant in the $2.78 billion defamation suit against the newspaper.
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March 06, 2026
Cities Seek Broader Ban On Feds' Transpo Grant Conditions
A coalition of cities and counties led by Fresno, California, have asked a California federal court to expand an injunction stopping the Trump administration from imposing "impermissibly vague" conditions requiring compliance with immigration and diversity, equity and inclusion policies in order to receive federal transportation and other grants.
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March 06, 2026
Grocery Chain Strikes Deal In 401(k) Suit Revived By 2nd Circ.
A supermarket chain told a New York federal court it has agreed to settle a proposed class action claiming the company allowed its 401(k) plan to be saddled with excessive fees, about six months after the Second Circuit partially revived the case.
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March 06, 2026
9th Circ. Mulls Whether Politics Tainted DOJ Trans Care Probe
A Ninth Circuit panel on Friday grappled with where to draw the line between a legitimate law enforcement investigation and a politically motivated crusade, as the U.S. Department of Justice sought to revive a subpoena against a telehealth provider of gender-affirming medical care.
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March 06, 2026
Miami Developer Accused Of $85M Fraud Scheme, DOJ Says
Federal prosecutors have accused a Miami real estate developer of leading an $85 million investment fraud scheme and failing to pay both his personal income taxes and payroll taxes for his employees, the U.S. Department of Justice said Friday.
Expert Analysis
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Series
Teaching Logic Makes Me A Better Lawyer
Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.
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New Biotech Nat'l Security Controls May Have Blunted Impact
While the newly enacted federal prohibition against contracting with certain biotechnology providers associated with countries of concern may have consequences on U.S. companies' ability to develop drugs, the restrictions may prove to be less problematic for the industry than the significant publicity around their passage would suggest, say attorneys at Wilson Sonsini.
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Series
Law School's Missed Lessons: Practicing Resilience
Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.
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Takeaways From The DOJ Fraud Section's 2025 Year In Review
Former acting Principal Deputy Chief Sean Tonolli of the U.S. Department of Justice's Fraud Section, now at Cahill Gordon, analyzes key findings from the section’s annual report — including the changes implemented to adapt to the new administration’s priorities — and lays out what to watch for this year.
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New State Regs On PFAS In Products Complicate Compliance
The new year brought new bans and reporting requirements for per- and polyfluoroalkyl substances in half a dozen states — in many cases, targeting specific consumer product categories — so manufacturers, distributors and retailers must not only monitor their own supply chains, but also coordinate to ensure compliance, say attorneys at Morgan Lewis.
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What An Uptick In Shareholder Activism Means For Banking
With increasing bank M&A activity, activists are becoming more focused on larger banking institutions, but there are ways banks can begin to prepare in case they need to defend against activist campaigns, say attorneys at Debevoise.
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Anticipating The SEC's Cybersecurity Focus After SolarWinds
While the U.S. Securities and Exchange Commission's recent voluntary dismissal of its enforcement action against SolarWinds Corp. and its chief information security officer marks a significant victory for the defendants, it does not mean the SEC is done bringing cybersecurity cases, say attorneys at MoFo.
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Bid Protest Data Contradicts Claims That System Is Inefficient
Recently released data debunks the narrative that the federal procurement system is overwhelmed by excessive or meritless bid protests, revealing instead that the process is healthy and functioning as intended, says Joshua Duvall at Duvy Law.
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Opinion
Congress Should Lead On AI Policy, Not The States
There needs to be some limits on how far federal agencies go in regulating artificial intelligence systems, but Congress must not abdicate its responsibility and cede control over this interstate market to state and local officials, say Kevin Frazier at the University of Texas School of Law and Adam Thierer at the R Street Institute.
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Breaking Down Expense Allocation In Mixed-Use Properties
Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.
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4 Lessons From FTC's Successful Bid To Block Edwards Deal
The Federal Trade Commission's recent victory in blocking Edwards Lifesciences' acquisition of JenaValve offers key insights for deals in life sciences and beyond, including considerations around nonprice dimensions and clear skies provisions, say attorneys at Orrick.
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Limiting Worker Surveillance Risks Amid AI Regulatory Shifts
With workplace surveillance tools becoming increasingly common and a recent executive order aiming to preempt state-level artificial intelligence enforcement, companies may feel encouraged to expand AI monitoring, but the legal exposure associated with these tools remains, say attorneys at MoFo.
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Can OCC State Banking Law Preemption Survive The Courts?
While two December proposals from the Office of the Comptroller of the Currency seek to foreclose pending consumer litigation against national banks related to residential mortgage lending, it's unclear whether this aggressive approach will withstand judicial scrutiny under the U.S. Supreme Court's 2024 rulings in Cantero and Loper Bright, say attorneys at Davis Wright.
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How Selig May Approach CFTC Agricultural Enforcement
As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.
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Traditional FCA Enforcement Surges Amid Shifting Priorities
The U.S. Department of Justice’s January report on False Claims Act enforcement in fiscal year 2025 reveals that while the administration signaled its intent to expand FCA enforcement into new areas such as tariffs, for now the greatest exposure remains in traditional areas like healthcare — in which the risk is growing, say attorneys at Debevoise.