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Compliance
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April 16, 2026
9th Circ. Judge Rips 'Sophistry' By Online Prediction Markets
A Ninth Circuit judge appeared skeptical Thursday of requests by KalshiEX LLC, Crypto.com and Robinhood to block Nevada from enforcing state gambling laws against sports and election-related contracts, telling Robinhood's counsel "I don't buy" the companies' regulatory interpretation and slamming a Crypto.com argument as "sophistry to the nth degree."
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April 16, 2026
Lyft's Lax Safety Caused Fatal Carjacking, Texas Suit Claims
Lyft Inc. must be held accountable for a carjacking which resulted in the death of one of its drivers, according to a lawsuit filed in Texas state court, claiming the ride-hailing company sent the driver to a high-risk location without proper safety features like rider identity verification.
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April 16, 2026
Ex-ByteDance Exec Fights Perjury Sanction At 9th Circ.
A former ByteDance executive urged the Ninth Circuit Thursday to revive a suit he filed against the TikTok owner after he was fired, saying the case should've been heard in state court and a federal judge had no jurisdiction to order terminating sanctions after finding he perjured himself.
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April 16, 2026
MoneyLion Hit With Wash. Class Action Over Referral Texts
A program from fintech platform MoneyLion encouraging users to refer friends to the service has flooded Washington residents with unsolicited text messages in violation of the state's Commercial Electronic Mail Act, alleges a putative class action removed to Seattle federal court Wednesday.
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April 16, 2026
EPA-Backed River Plan Puts Wash. Salmon At Risk, Suit Says
An Oregon environmental watchdog sued the U.S. Environmental Protection Agency on Wednesday over its approval of a Washington state report on watershed management, claiming the document was based on faulty modeling and, if allowed to stand, could threaten the survival of salmon and other fish in the region.
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April 16, 2026
San Diego Alleges Fire Truck-Makers Attempted Monopoly
San Diego has alleged in a federal lawsuit that fire truck manufacturers REV Group and Oshkosh Corp., along with private equity firm American Industrial Partners, orchestrated an anticompetitive scheme to consolidate the market and charge municipalities across the nation inflated prices.
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April 16, 2026
CFTC's Selig Pushes Back On Lawmakers' Staffing Concerns
U.S. Commodity Futures Trading Commission Chair Michael Selig on Thursday dismissed lawmakers' concerns that his agency may be understaffed for a widening mandate that includes policing prediction markets, and insisted he won't delay rulemaking while he waits for the president to appoint other commissioners.
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April 16, 2026
Lemonade To Pay $10.5M In Driver's License Data Breach Suit
Lemonade will pay $10.5 million to settle with a proposed class of over 190,000 individuals who said the tech-forward insurer's online quote platform negligently disclosed their drivers' license numbers to cybercriminals, according to a preliminary approval motion filed Wednesday in New York federal court.
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April 16, 2026
FERC Aims For June To Act On DOE Data Center Grid Plan
The Federal Energy Regulatory Commission on Thursday said it will act by the end of June on a controversial U.S. Department of Energy proposal to standardize grid hookup procedures for data centers and other electricity-hungry facilities, two months later than the DOE had requested.
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April 16, 2026
Calif. Trader Raised $40M In Ponzi-Like Fraud, Feds Say
The head of a California-based trading firm has been accused by federal prosecutors and the U.S. Securities and Exchange Commission of defrauding at least 400 investors out of about $40 million with false representations about his success and Ponzi-like payments.
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April 16, 2026
Del. River Regulator Says It Lawfully Extended LNG Permit
The Delaware River Basin Commission and the developer of a proposed liquefied natural gas export terminal asked a New Jersey federal court to toss a suit alleging the commission wrongly renewed a construction permit for a second time, saying the dispute rests on differing grammatical interpretations.
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April 16, 2026
SEC Heads To Court To Collect $193K From Day Trader
A New York federal judge has ordered a former day trader to explain why he still owes the U.S. Securities and Exchange Commission over $193,000 nearly four years after he agreed to settle the regulator's claims that he manipulated prices for certain securities in the final minutes of trading days.
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April 16, 2026
OCC Lifts JPMorgan's Trade Surveillance Consent Order
The Office of the Comptroller of the Currency said Thursday it has ended a Biden-era consent order with JPMorgan Chase over its trade surveillance monitoring, which was at the center of hundreds of millions of dollars in fines for the banking giant two years ago.
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April 16, 2026
Fed Orders Georgia Bank To Halt Dividends, Raise Capital
The Federal Reserve Board on Thursday ordered a Georgia bank holding company to retain and raise capital as part of a consent order tied to its small business and agricultural lending that examiners raised concerns about earlier this year.
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April 16, 2026
AGs' Win Over Live Nation Leaves DOJ Watching From The Side
Live Nation Entertainment Inc.'s across-the-board trial rout by 34 state attorneys general underscores the ascendancy of state antitrust enforcers looking to fill perceived enforcement gaps left by the U.S. Department of Justice during President Donald Trump's second term.
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April 16, 2026
Kalshi Rejects Returning Enforcement Case To State Court
Prediction market platform Kalshi contends that a suit brought against the company by Michigan's attorney general alleging violations of state gambling laws should stay in federal court and not be remanded to state court.
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April 16, 2026
SEC Queries Public On Possible CAT Replacement
The U.S. Securities and Exchange Commission is asking the public how it might overhaul a key market surveillance tool to cut down on cost overruns and confront legal challenges, floating the question Thursday of whether the database should exist at all in its current form.
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April 16, 2026
OCC Says Bank Misled Borrowers Into Costlier VA Refi Loans
The Office of the Comptroller of the Currency has settled with an Illinois bank over claims it deceptively marketed federally guaranteed home refinance loans for veterans, issuing an enforcement order that is drawing consumer advocate scrutiny for omitting key redress details.
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April 16, 2026
HHS Defends ACA Overhaul Against Cities' Challenge
The Health and Human Services Department is defending sweeping changes to the Affordable Care Act marketplace against attacks from three cities, asking a Maryland federal judge to grant summary judgment and allow the agency to shorten open enrollment, institute tighter income checks and charge a reenrollment verification premium.
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April 16, 2026
Paul Hastings Guides Schwab On Retail Crypto Launch
Charles Schwab on Thursday announced the launch of its new spot cryptocurrency trading offering that will provide retail clients direct access to bitcoin and ethereum trading, developed with the guidance of Paul Hastings LLP.
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April 16, 2026
FCC Urged To Keep 60 MHz In C-Band Airwaves For Satellites
A public advocacy group has told the Federal Communications Commission it's a good idea to reserve at least 60 megahertz of spectrum in the upper C-band for satellite services as it ponders how big a chunk to auction for wireless.
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April 16, 2026
5th Circ. Axes Southwest Customers' 737 Max Overcharge Suit
The Fifth Circuit on Thursday shut down proposed class claims alleging Southwest Airlines overcharged consumers for riskier flights on Boeing 737 Max 8 jets, saying the consumers' alleged economic injury theory was implausible and that they lacked standing to sue.
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April 16, 2026
US Bank Shorted Wash. Workers On Meals, Breaks, Suit Says
U.S. Bank denied hourly employees meal and rest breaks, and shorted them on overtime and sick leave pay, two former workers alleged in a proposed class action filed in Washington state court.
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April 16, 2026
Feds Can't Stay Trans Healthcare Orders During Appeal
The Trump administration won't be able to enforce two executive orders that ban federal funding for gender-affirming care for patients under the age of 19 while the federal government appeals a nationwide injunction blocking the orders, the Fourth Circuit ruled Thursday.
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April 16, 2026
Google Says EU Search Data Sharing Plan Raises Concerns
Google has pushed back after European enforcers outlined how they expect the company to share its search data to comply with its obligations as a gatekeeper in the search engine market, saying the measures raise privacy and other concerns.
Expert Analysis
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Opinion
Futures Market Anonymity Now Presents A Structural Problem
Following anomalous trading on prediction markets just before major recent policy announcements from the Trump administration, many have called on Congress to act, but the problem is not primarily a statutory gap — it is a structural one, built into the self-regulatory model that governs futures exchanges, says Tamara de Silva at De Silva Law Offices.
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Opinion
Judicial Restraint Anchors Constitutional Order
Contrasting opinions in two recent U.S. Supreme Court rulings — Trump v. CASA and Bost v. Illinois State Board of Elections — demonstrate how the judiciary’s constitutionally entrusted role can easily be preserved or disrupted, and invite renewed attention to the enduring importance of judicial restraint, says Ninth Circuit Judge J. Clifford Wallace.
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'Made In America' Rules Raise Stakes For Gov't Contractors
The convergence of widely varying "buy American" requirements, increased enforcement efforts and continuing regulatory attempts to limit foreign sourcing suggests that government contractors should carefully review their supply chain and country-of-origin compliance to remain competitive, say attorneys at Arnold & Porter.
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The Evolution Of States' Workplace Violence Prevention Laws
Utah's new law requiring hospitals to implement comprehensive workplace violence reporting systems continues a broader trend of state efforts to expand workplace protections in the absence of sufficient federal regulations, say attorneys at Ogletree.
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Recent Bank Resolution Filings Stress Readiness Over Docs
Against the backdrop of banking regulators' recent emphasis on institutional readiness in the event of a bank failure, a review of more than a dozen public resolution plan submissions points to an immediate future in which regulators and banks alike prioritize operational preparedness over extensive documentation, say attorneys at Moore & Van Allen.
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Series
Alpine Skiing Makes Me A Better Lawyer
Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.
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3 Federal Policy Trends Shaping Data Center Power
With the White House, the Federal Energy Regulatory Commission and Congress each pushing energy policies that will influence how data centers are sited, powered and interconnected for years to come, industry stakeholders should understand compliance obligations, consider possible downstream effects, and evaluate off-grid and self-supply energy options, say attorneys at ArentFox Schiff.
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Weighing The Practical Implications Of SC Kids' Privacy Law
South Carolina's recently enacted Age-Appropriate Code Design Act includes a unique provision: a private right of action for certain violations, but its practical effect remains uncertain, as courts and litigants grapple with complex questions of standing, causation and the definition of actionable harm, say attorneys at K&L Gates.
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Fair Housing Takeaways From Colony Ridge Settlement
The recent settlement agreement between Colony Ridge Developments, the U.S. government and the state of Texas — perhaps the first settlement involving unfair lending and housing practices during the second Trump administration — reflects current enforcement priorities and sheds light on shifting compliance risks, say attorneys at Weiner Brodsky.
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FDA Guidance May Move Goalposts For Form 483 Responses
New draft guidance from the U.S. Food and Drug Administration provides formal insight on how drug manufacturers are expected to respond to Form 483s, raising some concerns about the agency's timelines and expectations, say attorneys at Cooley.
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AG Watch: Minn. Enters New Era Of Data Privacy Enforcement
Now that the Minnesota Attorney General's Office can bring enforcement actions for data privacy violations without providing 30-day notice, businesses operating in Minnesota, or those collecting data from Minnesota residents, should treat this moment as a call to action, say attorneys at Crowell & Moring.
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Understanding The SEC's Consequential Crypto Guidance
The U.S. Securities and Exchange Commission's recent interpretive release — its most comprehensive statement ever on the application of the federal securities laws to crypto-assets — reimagines the Howey test to resolve long-standing questions over what is a security, but leaves many issues unresolved, say attorneys at Cahill.
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Series
NY Banking Brief: All The Notable Legal Updates In Q1
In the first quarter of 2026, New York's banking developments were headlined by initiatives to expand oversight of financial institutions and strengthen consumer protection laws, including a new framework for buy now, pay later lenders, a sweeping debt collection rule and a revised corporate self-disclosure program for financial crimes, say attorneys at Proskauer.
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Senior Housing Demands A Distinct Dealmaking Playbook
An aging population and evolving state regulations underscore a critical reality that senior housing assets can undergo operational or compliance shifts during dealmaking, highlighting the need for unique contractual safeguards like expanded disclosures, anchored notice obligations, and targeted closing conditions and remedies, say attorneys at Goodwin.
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Seeking A Policy Fix As Merger Reporting Fight Continues
A recently announced request by the Federal Trade Commission and U.S. Department of Justice for public comment on the Hart-Scott-Rodino premerger reporting requirements, as litigation challenging the commission's updated requirements continues, suggests the government's willingness to address how best to support modern merger enforcement without unduly burdening filing parties, say attorneys at Baker Botts.