Compliance

  • December 03, 2025

    Pharma Co. Exec Faces $125K SEC Judgment In Fraud Case

    A New York federal judge on Wednesday approved a $125,000 civil penalty against the former chief science officer of BioZone Pharmaceuticals Inc. for his alleged involvement in a purported pump-and-dump scheme involving the company's stock.

  • December 03, 2025

    FCC OKs $1B UScellular Deal After AT&T Drops DEI Policies

    AT&T got the Federal Communications Commission's approval for its $1 billion UScellular deal Wednesday, following in the wake of rivals Verizon and T-Mobile and becoming the latest of the big three mobile carriers to agree to do away with its diversity, equity and inclusion policies.

  • December 03, 2025

    Texas Produce Groups Challenge OSHA's Constitutionality

    Two Texas associations representing fruit and vegetable supply chain companies filed a federal lawsuit Wednesday challenging the constitutionality of the Occupational Safety and Health Act, arguing its creation by Congress violated the non-delegation doctrine by granting the executive branch too much policymaking power on workplace safety standards.

  • December 03, 2025

    FCC Won't Extend COVID-Era Lifeline Rule Waiver

    The Federal Communications Commission has finally decided for good whether a COVID-era waiver of a Lifeline program rule ended on the last day of April in 2021 or the first day of May, concluding Wednesday it does not have to pay out an extra month of benefits.

  • December 03, 2025

    Citibank Says Developer Can't Blame It For $45M Wire Scam

    Citibank NA has urged a California federal judge to toss a suit by a real estate developer who accidentally wired $45 million in home-purchase funds to a fraudster after receiving spoofed escrow emails.

  • December 03, 2025

    Trump Admin Moves To Undo Biden-Era Fuel Economy Rules

    The Trump administration on Wednesday proposed to unwind Biden-era fuel economy standards for cars and light trucks, claiming they unlawfully force a transition from gasoline-powered vehicles to electric ones.

  • December 03, 2025

    Allstate Files RICO Suit Over Fla. Clinic's 'Exorbitant Charges'

    Allstate hit a Florida medical practice and its owner with a Racketeer Influenced and Corrupt Organizations Act complaint alleging the owner ran an insurance billing scheme for pain management care in violation of permanent restrictions on his medical license.

  • December 03, 2025

    Dish Fights Clawback Of Millions In Broadband Subsidies

    Dish Network says the private entity that administers many of the FCC's subsidy programs is trying to "shirk its own responsibilities to verify eligibility" for those programs and force telecoms to return millions of dollars they used to provide service to people previously deemed eligible.

  • December 03, 2025

    Monitor Will Stay In Place In $1B Broad Street Fraud Case

    A private equity firm accused by the U.S. Securities and Exchange Commission of defrauding investors in a $1 billion fund lost its bid Wednesday to discharge the court-appointed monitor overseeing its books when a Florida federal judge rejected arguments that the monitor was acting in bad faith.

  • December 03, 2025

    Enviro Advocates' Challenge To Forest Service Rule Tossed

    A Virginia federal judge on Wednesday tossed conservation groups' challenge to a U.S. Forest Service rule that allows some projects to avoid more extensive environmental review, saying the organizations failed to prove an "imminent" injury.

  • December 03, 2025

    4th Circ. Upholds 25-Year Sentence For Bomb Instruction

    A man sentenced to 25 years in prison for teaching an informant how to use explosives to repel federal agents cannot argue the law used to convict him is unconstitutional, the Fourth Circuit ruled on Wednesday, with a dissenting judge worried the decision could have the effect of "chilling" free speech.

  • December 03, 2025

    Archegos Founder Says Davis Polk Job Offer Taints Restitution

    Archegos founder Bill Hwang, who is serving an 18-year sentence for defrauding banks out of billions of dollars in loans used to manipulate the market, asked to vacate his restitution order because the presiding judge's clerk accepted a job with Davis Polk & Wardwell LLP, which represents victim-bank Morgan Stanley.

  • December 03, 2025

    AT&T Sues Generic Drug Manufacturers, Alleging Price-Fixing

    AT&T has joined the bevy of litigants suing a swath of pharmaceutical companies over alleged generic drug price-fixing, claiming it shelled out billions of dollars for medication reimbursements to the drugmakers as part of its employee health plans when it could have spent far less if the drugs weren't subject to anticompetitive pricing.

  • December 03, 2025

    Class Counsel Win $17.5M Cut Of Pentegra $48.5M ERISA Deal

    A New York federal court gave its final sign-off to a $48.5 million settlement between Pentegra Retirement Services and employee 401(k) plan participants who alleged mismanagement, and also approved class counsel's request for a $17.5 million cut of that sum for attorney fees and litigation expenses.

  • December 03, 2025

    Ex-Execs Who Pled Guilty To $67M Fraud Settle With SEC

    The U.S. Securities and Exchange Commission has moved to resolve its lawsuit accusing two former executives of an Illinois-based automobile financing company of misleading investors about the subprime automobile loans that backed a $100 million offering by the company now that they have pled guilty and been sentenced on fraud charges in a corresponding criminal case.

  • December 03, 2025

    FTC Clears Boeing's $4.7B Spirit Aero Deal With Fixes

    The Federal Trade Commission said Wednesday that enforcers will allow Boeing to move ahead with its planned $4.7 billion purchase of aircraft parts-maker Spirit AeroSystems after the companies agreed to sell several assets.

  • December 03, 2025

    GOP Expects G7 Side-By-Side Tax Deal Details This Week

    The House Ways and Means Committee's top Republican expects negotiations to wrap up this week on the technical details of the agreement with the Group of Seven countries to exempt U.S. multinational corporations from the minimum-tax system, he said Wednesday.

  • December 03, 2025

    FCC Jettisons More Than 2,000 'Dormant' Dockets

    The Federal Communications Commission Wednesday closed out more than 2,000 pending dockets involving regulatory issues that FCC officials say have long since gone by the wayside.

  • December 03, 2025

    AGs Say Sun, Taro Settlement Mustn't Touch State Claims

    State attorneys general have asked a Pennsylvania federal judge to again ensure their claims remain untouched by a settlement between private plaintiffs and generic-drug makers in sprawling price-fixing litigation, this time focusing on a $200 million deal between Sun Pharmaceutical, Taro Pharmaceuticals and employee benefit plans.

  • December 03, 2025

    Judge Eases $4.1B Liability For Insurer In Conn. Rehab Plan

    A Connecticut judge has approved a modified moratorium that protects PHL Variable Insurance Co. and two subsidiaries during a state rehabilitation, agreeing to a plan that could reduce universal life death benefits by $4.1 billion while allowing policyholders the option to avoid paying $175 million in estimated total premiums.

  • December 03, 2025

    DC Judge Orders ICE To Disclose Metadata In FOIA Fight

    U.S. Immigration and Customs Enforcement must disclose certain metadata from two databases relating to detention and removal operations, a D.C. federal court ruled, finding ICE improperly withheld information following a court-ordered analysis to sift out publicly releasable information.

  • December 03, 2025

    OCC Taps Ex-DC Civil Division Head As Deputy Chief Counsel

    The Office of the Comptroller of the Currency said Wednesday that it has hired a longtime litigator with the U.S. Attorney's Office for the District of Columbia to be a senior official in the banking agency's legal department.

  • December 03, 2025

    FINRA Fines Firm $1M Over Mutual Fund Supervision Issues

    The Financial Industry Regulatory Authority has ordered Securities America Inc. to pay a $1 million fine and roughly $2 million in restitution to customers for allegedly failing to reasonably supervise certain mutual fund recommendations that allegedly resulted in customers paying unnecessary fees and following recommendations that were not in their best interests.

  • December 03, 2025

    Judge Rejects X's Early Attempt To Block Minn. Deepfake Law

    A Minnesota federal judge has denied X Corp.'s request for a favorable ruling in its challenge to a Minnesota state law curtailing the dissemination of "deepfakes" aimed at influencing elections, saying X had not shown that it could be harmed by the law in a manner that would give it standing to block it.

  • December 03, 2025

    WilmerHale Hires BNP Paribas Director In Boston

    An attorney with nearly 30 years of experience counseling clients on financial regulatory matters, including 10 years with the U.S. Department of the Treasury, has moved his practice to WilmerHale's Boston office.

Expert Analysis

  • How Occasional Activists Have Reshaped Proxy Fights

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    The sophistication and breadth of first-time activist engagement continue to shape corporate governance and strategic outcomes, as evidenced across corporate annual meetings this summer, meaning advisers should anticipate continued innovation in tactics, increased regulatory complexity, and a persistent focus on board accountability, say attorneys at MoFo.

  • How The FTC Is Stepping Up Subscription Enforcement

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    Despite the demise of the Federal Trade Commission's click-to-cancel rule in July, the commission has not only maintained its regulatory momentum, but also set new compliance benchmarks through recent high-profile settlements with Match.com, Chegg and Amazon, say attorneys at Holland & Knight.

  • Loper Bright's Evolving Application In Labor Case Appeals

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    Following the U.S. Supreme Court's decision in Loper Bright v. Raimondo, which upended decades of precedent requiring courts to defer to agency interpretations of federal regulations, the Third and Sixth Circuits' differing approaches leave little certainty as to which employment regulations remain in play, say attorneys at Foley & Lardner.

  • How DHS' H-1B Proposal May Affect Hiring, Strategic Planning

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    For employers, DHS’ proposal to change the H-1B visa lottery from a random selection process to one favoring higher-wage workers may increase labor and compliance costs, limit access to entry-level international talent, and raise strategic questions about compensation, geography and long-term workforce planning, says Ian MacDonald at Greenberg Traurig.

  • Shutdown Imperils Telehealth Access For Medicare Patients

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    The federal government shutdown that commenced on Oct. 1 coincided with the expiration of certain telehealth flexibilities that had preserved expansive access to telehealth services for Medicare beneficiaries following COVID-19, creating significant legal and financial uncertainty for healthcare providers and patients, say attorneys at Robinson & Cole.

  • Colo. Law Brings Some Equilibrium To Condo Defect Reform

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    Colorado's American Dream Act, effective next year, does not eliminate litigation risk for developers entirely, but it does introduce a process, some predictability and a more holistic means for parties to resolve condominium construction defect claims, and may improve the state's housing shortage, says Bob Burton at Winstead.

  • Importers Face Uncertainty As Court Stays Solar Tariff Ruling

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    The overturning of a Commerce Department rule that allowed duty-free entry of solar cells between 2022 and 2024, now on appeal to the Federal Circuit, means the landscape for imported solar cells and modules is still in flux, while U.S. producers continue to rely on imports, say attorneys at Morgan Lewis.

  • What To Expect After FDA Warnings To GLP-1 Compounders

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    The U.S. Food and Drug Administration's recent warning letters to companies advertising compounded versions of GLP-1 medications raise questions not just about the enforcement outlook for marketing such products, but also about the future of drug compounding as a whole, say attorneys at Spencer Fane.

  • Where 4th And 9th Circ. Diverge On Trade Secret Timing

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    Recent Fourth and Ninth Circuit decisions have revealed a deepening circuit split over when plaintiffs must specifically define their alleged trade secrets, turning the early stages of trade secret litigation into a key battleground and elevating the importance of forum selection, say attorneys at Skadden.

  • How Trump Admin. Is Shifting Biden's Antitrust Merger Enforcement

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    Antitrust enforcement trends under the Trump administration have included a moderation in the agencies' approach to merger enforcement as compared to enforcers compared to the prior administration, but dealmakers should still expect aggressive enforcement when the agencies believe consumers will be harmed and they expect to win in court, say attorneys at Rule Garza.

  • How Financial Cos. Can Prep As NYDFS Cyber Changes Loom

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    Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.

  • Shutdown May Stall Hearings, But Gov't Probes Quietly Go On

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    Thanks to staff assurances under the Government Employee Fair Treatment Act, the core work of congressional investigations continues during the shutdown that began Oct. 1 — and so does the investigative work that is performed behind closed doors on Capitol Hill, say attorneys at Jenner & Block.

  • Opinion

    Ending Quarterly Reporting Would Erode Investor Protection

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    President Donald Trump recently called for an end to the long-standing practice of corporate quarterly reporting, but doing so would reduce transparency, create information asymmetries, provide more opportunities for corporate fraud and risk increased stock price volatility, while not meaningfully increasing long-term investments, say attorneys at Bleichmar Fonti.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • Strategies For Defending Banks In Elder Abuse Cases

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    Several recent cases demonstrate that banks have plenty of tools to defend against claims they were complicit in financial abuse of older adults, but financial institutions should also continue to educate customers about third-party scams before they happen, say attorneys at Troutman.

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