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Compliance
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November 14, 2025
Bogus Advisers Served 'Ramp-And-Dump' Ploy, Feds Say
Federal prosecutors charged a Hong Kong resident on Thursday with registering bogus investment advisers to run a so-called ramp-and-dump scheme that duped investors in buying up U.S.-listed shares of Chinese companies ahead of a selloff that profited overseas brokerage accounts to the tune of hundreds of millions of dollars.
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November 14, 2025
Stanford Credit Union Says Pig Butchering Scam Suit Misfires
Stanford Federal Credit Union has asked a federal judge to toss claims alleging it failed to reasonably investigate fraud allegations by a couple who claim they lost $600,000 in a so-called pig butchering investing scam, arguing the wire transfers are outside the Fair Credit Billing Act's scope.
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November 14, 2025
SEC Off-Channel Sweep Led To Recordkeeping Compliance
Despite Chairman Paul Atkins' criticism of the U.S. Securities and Exchange Commission's previous off-channel communications settlements, that Biden-era enforcement sweep has boosted firms' recordkeeping compliance efforts, and a lack of big-dollar penalties on the horizon hasn't erased the pressure to comply, experts say.
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November 14, 2025
Families' 5th Circ. Bid To Void Boeing-DOJ Deal A Long Shot
Families of victims of the 737 Max 8 crashes have asked the Fifth Circuit to overrule the U.S. Department of Justice's refusal to criminally prosecute Boeing for conspiring to defraud safety regulators, but experts say such a move may be a long shot.
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November 14, 2025
Texas Judge Rejects Bid To Block Kenvue's $398M Dividend
Texas can't stop the makers of Tylenol from marketing the drug as safe for children and pregnant women or halt a nearly $400 million payment to shareholders, a state court ruled on Friday, rejecting arguments by Attorney General Ken Paxton's motion.
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November 14, 2025
Amazon Blasts Claim It Destroyed Evidence In Labeling Suit
Amazon.com Services LLC is fighting calls for sanctions in a proposed class action accusing it of failing to follow federal labeling laws for dietary supplements, saying it shouldn't be penalized for allegedly failing to preserve online product pages for the supplements.
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November 14, 2025
Texas Justices Wall Off Shareholder Claims Against 3rd Party
The Texas Supreme Court found that individual shareholders have no right to bring direct claims against an outside party that has an agreement with the shareholders' company, saying Friday that they instead must file suit on behalf of the company they hold ownership in.
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November 14, 2025
Crypto Firm Founder Gets 5 Years For $9.4M Fraud Scheme
An Oklahoma federal court has ordered the co-founder of a cryptocurrency investment firm to serve five years in prison and pay more than $1.1 million for his role in a fraud conspiracy that involved making false promises of returns to thousands of investors via social media posts.
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November 14, 2025
Real Estate Recap: Public RMBS Revival?
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a U.S. Securities and Exchange Commission veteran's view into how public offerings of residential mortgage-backed securities could return for the first time since financial crisis-era reforms.
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November 14, 2025
Perkins Coie Sued By Omani Co. Over Trade Case Defense
An Omani screw manufacturer has launched a legal malpractice suit in Washington state court accusing Perkins Coie LLP of a "series of deadly mistakes" while representing the Middle Eastern company in a U.S. Department of Commerce probe, allegedly leading to steep penalties and tariffs that cost the company hundreds of millions of dollars.
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November 14, 2025
UAW Monitor Says Fear, Division Blocking Reform Progress
A watchdog overseeing United Auto Workers reforms after a kickback scandal said in a Friday report that the union still has a culture steeped in fear and division that is stalling needed change, urging current leadership to put aside their political differences to keep corruption from creeping back in.
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November 14, 2025
Google Offers EU Ad Tech Fixes Without Breakup
Google tried to mollify European Union antitrust enforcers Friday with the promise of "immediate product changes" to its advertising placement technology business, while arguing against "a disruptive break-up" called for when the European Commission fined the technology giant €2.95 billion ($3.5 billion).
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November 14, 2025
Google, TikTok, Meta Fight Calif. Law Over Kids' Online Feeds
TikTok, Meta and Google filed separate suits against California Attorney General Rob Bonta in federal court on Thursday seeking to block the state from enforcing a new law's requirement for parental consent before online platforms can deliver personalized content feeds to children, saying the provision infringes on their First Amendment rights.
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November 14, 2025
Okla. AG, Governor Feud Over Tribal Hunting Enforcement
Oklahoma Gov. Kevin Stitt appointed a special prosecutor to go after Native Americans who hunt or fish on tribal lands without state licenses after Attorney General Gentner Drummond said last month he would not prosecute the cases.
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November 14, 2025
Boston School Bus Fleet Manager Charged In Bribery Scheme
Massachusetts federal prosecutors alleged Friday that a former fleet and facilities director for the company that provides school bus services to the city of Boston solicited more than $870,000 in bribes and kickbacks, along with a job for his son, from businesses seeking to do work at bus yards.
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November 14, 2025
First Brands Lenders Seek New Counsel For Finance Entities
Lenders of First Brands are arguing to a Texas bankruptcy judge that the company's financing entities need their own separate attorneys in the auto parts maker's Chapter 11 case, citing concerns about conflicts of interest.
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November 14, 2025
Chamber Asks Justices To Stop Calif. Climate Reporting Laws
Business groups challenging California laws that require large companies to publicly disclose their greenhouse gas emissions and climate-related financial risks have asked the U.S. Supreme Court to prohibit the state from enforcing the statutes during litigation in lower courts.
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November 14, 2025
Ex-Va. City Atty Tells 4th Circ. FMLA Doesn't Immunize Officials
The Family and Medical Leave Act doesn't contemplate qualified immunity, a former Virginia city assistant attorney told the Fourth Circuit on Thursday, arguing that a municipal attorney cannot appeal a federal court's decision to let his FMLA suit go to trial.
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November 14, 2025
Del. Lawmakers OK Pushing County's Property Tax Deadline
Delaware would extend a tax payment deadline for New Castle County property owners until the end of the year under a bill unanimously approved by state lawmakers and headed to the governor.
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November 14, 2025
La., Parishes Push To Keep Coastal Suits In State Court
Louisiana and a pair of its coastal parishes have told the U.S. Supreme Court that the Fifth Circuit correctly concluded that their pollution lawsuits against Chevron and Exxon stemming from their World War II-era oil production belong in state court.
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November 14, 2025
Cleary, K&L Gates Advise On Duravant's $230M Matthews Deal
Warburg Pincus-backed Duravant has agreed to purchase the warehouse automation business of Matthews International Corp. for $230 million, with Cleary Gottlieb Steen & Hamilton LLP steering Duravant and K&L Gates LLP advising Matthews International.
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November 14, 2025
Tribe Fights Enforcement Of Casino Union Recognition Order
A California federal judge should forgo enforcing an arbitration award that requires a Native American tribe to work with UNITE HERE at a tribe-run casino, the tribe argued, saying the award is based on a flawed premise.
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November 14, 2025
NJ Sen. Seeks Fix For Daniel's Law Amid Legal Challenges
A New Jersey state senator has introduced legislation intended to rescue Daniel's Law from mounting constitutional challenges, saying the state's judicial-privacy statute has been weakened by 2023 amendments that have spawned confusion, lawsuits and compliance problems for businesses and public agencies.
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November 14, 2025
Frequent DEI Foe Takes Aim At Mich. Law Firm's Scholarships
American Alliance for Equal Rights, a group known for challenging diversity, equity and inclusion scholarships, has set its sights on Michigan personal injury firm Buckfire & Buckfire PC for alleged discrimination via the firm's scholarship programs for minorities.
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November 14, 2025
DC Circ. Urged To Block Trump Org. From IRS Leaker's Appeal
President Donald Trump's private business organization should not be allowed to intervene in a former IRS contractor's challenge to his prison sentence for leaking Trump's and other wealthy people's tax returns, the contractor told the D.C. Circuit, saying the organization's participation would unfairly bias the court.
Expert Analysis
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Takeaways As Justices Let 5th Circ. Pollution Ruling Stand
The U.S. Supreme Court's recent certiorari denial leaves intact a Fifth Circuit ruling that environmental justice organizations have standing to pursue a civil rights challenge to a parish's land-use practice, underscoring the importance of local governments proactively engaging with communities to address cumulative impacts of development, say attorneys at ArentFox Schiff.
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AI's Role In Google Antitrust Suit May Reshape Tech Markets
The evolution of AI in retail has reshaped the U.S.' antitrust case against Google, which could both benefit small business innovators and consumers, and fundamentally alter future antitrust cases, including the Federal Trade Commission's lawsuit against Amazon, says Graham Dufault at ACT.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Next Steps For DOE's Large-Load Interconnection Reforms
The U.S. Department of Energy's recent letter to the Federal Energy Regulatory Commission may mark a substantial expansion of FERC's open-access framework for large-load facilities, though the proposed timeline for the rulemaking appears to be extraordinarily short, say attorneys at Davis Wright.
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Adapting To Calif.'s Enhanced Regulation Of PE In Healthcare
New California legislation enhances oversight on the role of private equity groups and hedge funds in healthcare transactions, featuring both a highly targeted nature and vague language that will require organizations to carefully evaluate existing practices, says Andrew Demetriou at Husch Blackwell.
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What To Note In OCC, FDIC Plan To Standardize Supervision
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp.'s recent proposals to standardize the meaning of "unsafe or unsound practice" and revise the process for issuing matters requiring attention could significantly narrow the scope of activities that spawn enforcement actions, says Brendan Clegg at Luse Gorman.
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How The SEC May Overhaul Its Order Protection Rule
Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.
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State Child Privacy Laws May Put More Cos. In FTC's Reach
Starting with Texas in January, several new state laws requiring app stores to share user age-related information with developers will likely subject significantly more companies to the Federal Trade Commission’s child privacy rules, altering their compliance obligations, say attorneys at Womble Bond.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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AG Watch: DC Faces Congressional Push To End Elected Role
Given the current structural tension between D.C.'s local autonomy and congressional plenary power, legal and business entities operating in the district should maintain focus on local enforcement gaps, and monitor the legislative process closely, says Lauren Cooper at Hogan Lovells.
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Navigating DEA Quotas: Key To Psychedelics Industry Growth
As new compounds like DOI enter the Schedule I landscape, manufacturers who anticipate U.S. Drug Enforcement Administration quota regulations, and build quota management into their broader strategy, will be best equipped to meet the growing demand, say Kimberly Chew at Husch Blackwell and Jaime Dwight at Promega.
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Questions To Ask Your Client When Fraud Taints Financing
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.
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Game Not Over: Player Redshirt Suits Keep NCAA On Defense
A class action recently filed in Tennessee federal court highlights a trend of student-athlete challenges to the NCAA's four seasons eligibility rule following the historic House settlement in June, which altered revenue-sharing and players' name, image and likeness rights, say attorneys at BakerHostetler.
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Federal Acquisition Rules Get Measured Makeover
The Trump administration's promised overhaul of the Federal Acquisition Regulation is not a revolution in rules, but a meaningful recalibration of procurement practice that gives contracting officers more space to think, to tailor and to try, say attorneys at Mayer Brown.
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2nd Circ. Peloton Ruling Emphasizes Disclosure Context
The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.