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Compliance
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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.
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March 05, 2026
ERISA Recap: 6 Developments To Remember From Feb.
The Second Circuit refused to boot a former Luxottica worker's proposed class claims into solo arbitration, a Texas federal judge declined to snuff out a tobacco fee suit against 7-Eleven and a healthcare company inked a $43 million deal to wrap a case over how it handled 401(k) plan forfeitures. Here's a look back at six noteworthy moves in Employee Retirement Income Security Act cases from last month.
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March 05, 2026
King & Spalding Brings Back Business Atty To NYC Office
A former trial attorney for the U.S. Securities and Exchange Commission has left the public sector to return to his post as a litigator at King & Spalding LLP's New York City office.
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March 05, 2026
Mass., Polymarket Agree To Truce Amid Kalshi Appeal
Massachusetts enforcers agreed not to target Polymarket for now in exchange for the prediction market pausing its lawsuit against the state while rival Kalshi appeals a ban on offering sports-related wagers in the commonwealth.
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March 05, 2026
Calif. Privacy Agency Dings Ford Over Opt-Out 'Friction'
Ford Motor Co. has agreed to pay a fine of just over $375,000 and provide consumers with "easy methods" to stop the sharing and sale of their personal data in order to resolve the California privacy regulator's claims that the company added "unnecessary friction" to this opt-out process, the agency said Thursday.
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March 04, 2026
Musk Tells Jury 'Biased' Judge Forced His Twitter Buy
Elon Musk testified Wednesday in a California federal trial over Twitter investors' claims that the billionaire tanked the company's stock to get a better deal and said he paid the full $44 billion offer price because the Delaware Chancery judge overseeing litigation over the sale was "extremely biased" against him.
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March 04, 2026
Split 4th Circ. Shields Musk From USAID Deposition, For Now
The Fourth Circuit on Wednesday ruled that Elon Musk and two former U.S. Agency for International Development officials will not, for now, have to testify in litigation ex-employees filed accusing the billionaire of illegally dismantling the foreign aid agency, saying no "extraordinary circumstances" justified the depositions.
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March 04, 2026
Amazon Shoppers' Attys Must Explain AI Use In Botched Brief
A Washington federal judge Wednesday ordered attorneys representing Amazon customers in a proposed class action alleging deceptive supplement labeling to explain whether and how generative artificial intelligence was used in a filing with errors they've since apologized for, and what "verification mechanisms" they had for the nascent technology's use.
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March 04, 2026
1988 Privacy Law, New Tracking Tech: Supreme Court Steps In
The U.S. Supreme Court will soon hear a dispute over a decades-old video data privacy law, a matter that's expected to have major implications for not only the crush of litigation brewing under the statute but also for similar disputes involving the application of older statutes to the unanticipated capabilities of modern technology.
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March 04, 2026
Cushman & Wakefield Ignored 401(k) Climate Risks, Suit Says
Cushman & Wakefield mismanaged its employee retirement plan by ignoring "glaring red flags" in its selection of an underperforming fund that exposed investors to climate-related risks, according to what the plaintiff's counsel called a "first-of-its-kind" class action that accuses the commercial estate firm of violating the Employee Retirement Income Security Act.
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March 04, 2026
FCC Says Minn. Telecom Can't Skip Fines For RDOF Default
The Federal Communications Commission is dashing the hopes of a Minnesota telecom that won't be able to bring internet to 1,300 rural locations that it signed up to serve, denying the company a waiver and telling it to pay up for dipping out on its Rural Digital Opportunity Fund obligations.
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March 04, 2026
CSBS Chief Warns Of OCC Charter, Preemption Overreach
The head of the Conference of State Bank Supervisors fired a warning shot at the Office of the Comptroller of the Currency on Tuesday, accusing the agency of stretching its chartering and preemption powers too far and signaling that states could challenge the moves in court.
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March 04, 2026
9th Circ. Spurns Uber's Bid To Halt Seattle Gig Worker Law
A divided Ninth Circuit panel on Wednesday rejected Uber and Instacart's attempt to block a Seattle law regulating deactivation of app-based worker accounts, rejecting the companies' contention that the ordinance amounts to a First Amendment violation.
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March 04, 2026
Senator Asks DOJ To Reassess NFL's Antitrust Exemption
It cost nearly $1,000 all said to watch every single National Football League game this season, between cable packages and streaming services, and one senator is wondering whether it's time for the U.S. Department of Justice to take another look at the league's antitrust immunity.
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March 04, 2026
Consumer Protection Measures On Tap For March FCC Votes
The Federal Communications Commission has consumer protection on the brain, and during its monthly meeting at the end of the month, it will focus on matters related to keeping consumers safe, the agency said.
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March 04, 2026
Feds, Wash. State Pitch $668M Cleanup Deal For Duwamish
The U.S. Department of Justice, the U.S. Environmental Protection Agency and Washington state asked a Washington federal court on Wednesday to approve an estimated $668 million proposed settlement involving more than 100 parties for cleanup work on Seattle's Duwamish River.
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March 04, 2026
Volkswagen Sued Over Direct-To-Consumer Scout EV Offers
Volkswagen offering to sell new electric Scout vehicles directly to customers is a "blatant" breach of its legal and contractual obligations to dealerships, two dealerships alleged in a putative class action filed in Virginia federal court that claims Volkswagen has already made at least $15 million from online reservation deposits on Scout's website.
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March 04, 2026
SEC Takes Step Toward Issuance Of Crypto 'Taxonomy'
The U.S. Securities and Exchange Commission has sent its forthcoming "token taxonomy" to the Office of Information and Regulatory Affairs for review, marking a procedural step toward issuing guidance on which crypto assets and transactions trigger securities laws.
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March 04, 2026
Chubb, BJ's Wholesale Sued Over Proxy Ballot Exclusions
Chubb Ltd. and BJ's Wholesale Club Holdings Inc. have been hit with shareholder suits over their moves to exclude certain proposals from their proxy ballots this year after other corporations facing similar litigation recently relented and agreed to include the proposals.
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March 04, 2026
PE Firm Norada Faces Investor Suits Over $92M Ponzi Scheme
Groups of investors from multiple states have filed a series of lawsuits against Norada Capital Management LLC in Wyoming federal court, alleging the private equity fund defrauded them out of millions of dollars as part of a Ponzi scheme that the firm's managing member pled guilty to.
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March 04, 2026
Polymarket Challenges Mich.'s Gambling Law Enforcement
Polymarket US filed suit Wednesday seeking to block Michigan from enforcing its gambling laws against the prediction-market exchange, marking the latest in the fight between prediction-market exchanges and state regulators that is playing out across the country.
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March 04, 2026
Google AI Coached 'Mass Casualty' Attempt, Suicide, Suit Says
The father of a 36-year-old Florida man who recently died by suicide sued Google LLC in California federal court Wednesday, alleging Google's chatbot Gemini deluded his son into believing it was his "AI wife," convincing him to attempt a "mass casualty" attack at Miami International Airport and then coaching his suicide.
Expert Analysis
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Series
Judges On AI: How Judicial Use Informs Guardrails
U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.
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What Businesses Offering AI Should Expect From The FTC
The Federal Trade Commission's move to reopen and set aside an administrative order against Rytr shows that the FTC is serious about executing on the administration's Artificial Intelligence Action Plan, and won't stand in the way of businesses offering AI products with pro-consumer, legitimate uses, say attorneys at Reed Smith.
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Lessons From EdTech Provider's Data Breach Settlements
Education technology company Illuminate Education's recent settlements with three states and the Federal Trade Commission over state privacy law claims following a student data breach are some of the first of their kind, suggesting a shift in enforcement focus to how companies handle student data and highlighting the potential for coordinated enforcement actions, say attorneys at Wilson Sonsini.
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Crypto-Asset Strategy For Corporate Legal Leaders In 2026
As digital assets experience increased regulatory clarity, institutional adoption and technological maturity, in-house legal leaders must build strong policies this year and stay engaged with the evolving market to help their companies seize the opportunities of the digital asset era while managing the risks, say attorneys at Foley & Lardner.
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What Fla. Trends Reveal About AI In Real Estate Development
Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.
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What US Cos. Must Know To Comply With Italy's AI Law
Italy's newly effective artificial intelligence law means U.S. companies operating in Italy or serving Italian customers must now meet EU AI Act obligations as well as Italy-specific requirements, including immediately enforceable criminal penalties, designated national authorities and sector-specific mandates, say attorneys at Portolano Cavallo.
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Navigating Battery Validation Risk In The EV Supply Chain
Vehicle electrification has moved battery system supply chains from a background component into the center of the automotive universe — and for legal teams, battery validation is now a driver of contractual disputes, regulatory exposure and even shareholder litigation, say Samuel Madden at Secretariat Advisors and Vanessa Miller at Foley & Lardner.
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Cybersecurity Must Remain Financial Sector's Focus In 2026
In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.
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Presidential Pardon Brokering Can Create Risks For Attys
The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.
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Series
Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief
My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.
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Series
Law School's Missed Lessons: How To Start A Law Firm
Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.
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5 Compliance Takeaways From FINRA's Oversight Report
The priorities outlined in the Financial Industry Regulatory Authority's recently released annual oversight report focus on the organization's core mission of protecting investors, with AI being the sole new topic area, but financial firms can expect further reforms aimed at efficiency and modernization, say attorneys at Armstrong Teasdale.
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How SEC Civil Penalties Became Arbitrary: 3 Potential Fixes
Data shows that the U.S. Securities and Exchange Commission's seemingly unlimited authority to levy monetary penalties on market participants has diverged far from the federal securities laws' limitations, but three reforms can help reverse the trend, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.
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Key False Claims Act Trends From The Last Year
The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.
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How Payments Law Landscape Will Evolve In 2026
After a year of change across the payments landscape, financial services providers should expect more innovation and the pushing of regulatory boundaries, but should stay mindful that state regulators and litigation will continue to challenge the status quo, say attorneys at Troutman.