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February 12, 2026
GOP Lawmakers Probe CalPERS's 'Radical' ESG Investments
The chair of the House Education and Workforce Committee and two other Republican lawmakers sent a letter Thursday to California's largest public pension fund, demanding information on whether it prioritized "radical left-wing causes" over protecting retirement savers.
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February 12, 2026
Mass. US Atty Calls ICE Criticism 'Hyperbole,' Praises Agents
Massachusetts U.S. Attorney Leah B. Foley said Thursday that criticism of U.S. Immigration and Customs Enforcement by state and local officials and a lack of cooperation with federal agents is to blame for "chaos in the streets," as she forcefully defended the Trump administration's policies.
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February 12, 2026
Coal Exec Used 'Mr. Yen' To Talk Kickbacks, FBI Testifies
A former Corsa Coal Corp. executive exchanged messages with a sales agent in Egypt that appeared to reference splits of sales commissions among officials at the Al Nasr Co. for Coal and Coke, and used coded phrases like "meet Mr. Yen" to discuss sending money as kickbacks, an FBI agent told a Pittsburgh federal jury Thursday.
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February 12, 2026
DC Circ. Is Asked To Vet New DOT Immigrant Truck Driver Rule
Drivers and labor unions on Thursday petitioned the D.C. Circuit to review the U.S. Department of Transportation's new final rule tightening states' screening procedures and eligibility criteria for nondomiciled commercial driver's licenses issued to immigrants.
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February 12, 2026
Calif. Insurance Chief Backs Smoke Standards Bill
California Insurance Commissioner Ricardo Lara announced his support Wednesday for a bill that would establish the nation's first public health and insurance claims standard for homes damaged by smoke contamination.
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February 12, 2026
Prep School To Pay OFAC $1.7M Over Cartel-Tied Payments
A Florida boarding school for student athletes has agreed to pay $1.72 million to settle claims it took tuition payments from families with ties to a sanctioned Mexican drug cartel, the U.S. Department of the Treasury's Office of Foreign Assets Control announced Thursday.
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February 12, 2026
'Texit' Crypto Offering Halted By Texas Securities Regulator
Texas' state securities regulator has filed an emergency cease-and-desist order against an enterprise selling mining interests for a cryptocurrency invoking the Texas secession movement, alleging the scheme constitutes a fraudulent and unregistered offering and sale of securities.
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February 12, 2026
2nd Circ. Declines To Block TRO On Gateway Tunnel Project
Federal funding for the $16 billion Gateway Tunnel project must resume flowing — at least for now — after the Second Circuit declined on Thursday to pause a district court order requiring the Trump administration to lift its freeze on reimbursements to New York and New Jersey.
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February 12, 2026
Town Officials Off Hook For Railroad's Axed Superfund Deal
A Massachusetts intermediate appellate panel affirmed that two Hopedale officials are immune from claims that they torpedoed a railroad's contract to ship uranium-contaminated soil through their town of 6,000, saying the officials "had every right" to ask questions.
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February 12, 2026
Texas AG To Investigate Conduent, BCBS For Data Breach
Texas Attorney General Ken Paxton announced Thursday that he's investigating Blue Cross Blue Shield of Texas and Conduent Business Services LLC over a sprawling data breach that left sensitive data for upward of four million Texans exposed.
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February 12, 2026
Senate Committee OKs Bill To Better Oversee Broadband Map
A key Senate committee on Thursday advanced legislation to explore whether the Federal Communications Commission's maps of broadband service are working as intended.
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February 12, 2026
Goodwin Expands Healthcare Team With Ex-Reed Smith Atty
A healthcare attorney specializing in guiding clients through regulatory and transactional matters has moved her practice to Goodwin Procter LLP's Philadelphia office after more than 11 years with Reed Smith LLP.
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February 12, 2026
Ukrainian Athlete Appeals Olympic Ban Based On Helmet
Men's skeleton racer Vladyslav Heraskevych filed an appeal with the international Court of Arbitration for Sport after the International Olympic Committee and the sport's governing body announced his disqualification from the Winter Olympics in Milan on Thursday for wearing a helmet depicting fellow Ukrainian athletes slain in the conflict with Russia.
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February 12, 2026
DOJ Antitrust Chief Slater Stepping Down
Assistant Attorney General Gail Slater, head of the U.S. Department of Justice's Antitrust Division, said on Thursday she will be leaving her post just shy of a year after being confirmed by the Senate.
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February 12, 2026
EPA Sews Up Repeal Of GHG Endangerment Finding
The U.S. Environmental Protection Agency on Thursday finalized the repeal of an Obama-era finding that greenhouse gases endanger people's health, and clawed back the vehicle emissions standards that relied upon that finding.
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February 12, 2026
FTC Chairman Targets Apple News' 'Left-Wing' Favoritism
Federal Trade Commission Chairman Andrew N. Ferguson escalated his campaign against alleged censorship of conservative viewpoints with a "warning letter" sent directly to Apple CEO Tim Cook citing reports that Apple News favors "left-wing news outlets" and suppresses conservative ones.
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February 11, 2026
NBA Pro Says He Would've Balked At Deal Over Adviser's Role
A former New York Knicks shooting guard on Wednesday testified that he didn't know his former Morgan Stanley adviser had a stake in the player's $2.1 million life insurance investment and would have passed on the deal had he known, echoing testimony from two other NBA veterans.
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February 11, 2026
Instagram CEO Denies Users Can Be 'Addicted' To Platform
Instagram CEO Adam Mosseri testified Wednesday in front of a California state jury considering claims his company and Google's YouTube harm children's mental health, saying he does not believe a user can become "addicted" to the platform in a clinical sense despite having used the term himself in the past.
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February 11, 2026
Texas Justices Doubtful Spectrum Contract Is Static
Texas Supreme Court justices pushed back on San Antonio's claim that amendments to public telecommunications contract laws have no bearing on a utilities pole attachment agreement, saying Wednesday that the parties seemed to have an understanding that the contract would "evolve."
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February 11, 2026
'The Shoe Is On The Other Foot': Judge Needles Meta In MDL
A California federal judge presiding over social media addiction multidistrict litigation Wednesday criticized Meta's bid to push newly filed arbitration demands into court, saying she doesn't have jurisdiction over those claims and noting "big companies" are always insisting on arbitration, but "when they don't like the fact that they're arbitrating, they complain about it."
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February 11, 2026
Texas AG Adds Snapchat To Child Harm Suit Blitz
Texas Attorney General Ken Paxton sued Snapchat's parent company Wednesday, saying a state investigation revealed that mature content on the app is easily available to children and that its addictive features are harming their health.
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February 11, 2026
AGs Warn Cos. Plastic Initiatives May Break Competition Laws
The attorneys general of 10 red states have warned 80 corporations that their purported involvement in organizations aiming to reduce plastic waste might run afoul of antitrust and consumer protection laws, following similar competition-focused actions targeting environmental and diversity groups at the state and federal levels.
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February 11, 2026
Pfizer, SEC Reach $29M Deal In Insider Trading Fund Dispute
Pfizer and the U.S. Securities and Exchange Commission have jointly asked a New York federal judge to allow $29 million out of the roughly $75.2 million distribution leftover from a $602 million insider trading deal to be paid out to a Pfizer subsidiary.
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February 11, 2026
Paxton Topples U.S. Senate Seat Rival's Work License Rule
Texas Attorney General Ken Paxton said this week that state agencies must require applicants to provide Social Security numbers when applying for occupational licenses, saying it's been "unambiguously" required under state law for more than 30 years.
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February 11, 2026
Trump Directs DOD To Purchase Power From Coal Plants
President Donald Trump on Wednesday directed the U.S. Department of Defense to purchase electricity from coal-fired power plants to fuel its facilities, the latest in a series of efforts by his administration to boost the U.S. coal industry.
Expert Analysis
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Series
The Law Firm Merger Diaries: Forming Measurable Ties
Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.
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AG Watch: Va. Insulin Price Probe Signals Rising Scrutiny
Virginia Attorney General Jason Miyares' recent investigation into insulin manufacturers and pharmacy benefit managers for allegedly colluding to artificially inflate insulin prices reflects a broader trend to leverage consumer protection authority in high-impact healthcare matters, and the upcoming leadership change is unlikely to diminish scrutiny in this area, says Chuck Slemp at Cozen O'Connor.
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How 2025 Executive Orders Are Reshaping Consumer Finance
In 2025, President Donald Trump used executive orders to initiate a reversal of policies on fair lending, urge agencies to use enforcement and supervisory tools to police debanking, and reduce consumer financial regulation — and the resulting flurry of deregulatory activity will likely continue in 2026, says Elizabeth Tucci at Goodwin.
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A Look At EEOC Actions In 2025 And What's Next
President Donald Trump issued several executive orders last year that reshaped policy at the U.S. Equal Employment Opportunity Commission, and with the administration now controlling a majority of the commission, the EEOC may align itself fully with orders addressing disparate impact and transgender issues, say attorneys at Jones Day.
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3 Key Takeaways From Planned Rescheduling Of Cannabis
An executive order reviving cannabis rescheduling represents a monumental change for the industry and, while the substance will remain illegal at the federal level, introduces several benefits, including improving state-legal cannabis operators' tax treatment, lowering the industry's legal risk profile, and leaving state-regulated markets largely intact, say attorneys at Dentons.
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OFAC Sanctions Will Intensify Amid Global Tensions In 2026
The Office of Foreign Assets Control will ramp up its targeting of companies in the private equity, venture capital, real estate and legal markets in 2026, in keeping with the aggressive foreign policy approach embraced by the Trump administration in 2025, say attorneys at Holland & Knight.
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Del. Dispatch: What Tesla Decision Means For Exec Comp
The recent Delaware Supreme Court decision granting Tesla CEO Elon Musk his full pay, now valued at $139 billion, following a yearslong battle appears to reject the view that supersized compensation may be inherently unfair to a corporation and its shareholders, say attorneys at Fried Frank.
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6 Issues That May Follow The 340B Rebate Pilot Challenge
Though the Health Resources and Services Administration withdrew a pending case to reconsider the controversial 340B rebate pilot program, a number of crucial considerations remain, including the likelihood of a rework and questions about what that rework might look like, say attorneys at Spencer Fane.
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Wis. Sanctions Order May Shake Up Securities Class Actions
A Wisconsin federal court’s recent decision to impose sanctions on a plaintiffs law firm for filing a frivolous Private Securities Litigation Reform Act complaint in Toft v. Harbor Diversified may cause both plaintiffs and defendants law firms to reconsider certain customary practices in securities class actions, says Jonathan Richman at Brown Rudnick.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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Reinventing Bank Risk Mgmt. After 2025's Cartel Crackdown
The Trump administration's 2025 designation of certain transnational drug cartels as terrorists means that banks must adapt to a narrowing margin of error in their customer screening and transaction assessments by treating financial crime prevention as a continuous and cross-enterprise concern with national security implications, says Jack Harrington at Bradley Arant.
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How Developers Can Harness New Texas Zoning Framework
A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.
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Where States Jumped In When SEC Stepped Back In 2025
The state regulators that picked up the slack when the U.S. Securities and Exchange Commission scaled back enforcement last year should not be underestimated as they continue to aggressively police areas where the SEC has lost interest and probe industries where SEC leadership has actively declined to intervene, say attorneys at Morgan Lewis.
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2026 Enforcement Trends To Expect In Maritime And Int'l Trade
The maritime and international trade community should expect U.S. federal enforcement to ramp up in 2026, particularly via Office of Foreign Asset Control shipping sanctions, accelerating interagency investigations of trade fraud, and U.S. Coast Guard narcotics and pollution inspections, say attorneys at Holland & Knight.
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What's On Deck In Tribal Nations' Prediction Markets Litigation
Native American tribes' response to the expansion of sports-based prediction markets enters a decisive phase this year, with appellate courts positioned to address whether federal commodities law permits nationwide offering of sports-based event contracts free from state and tribal gaming regulation, say attorneys at Holland & Knight.