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Compliance
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February 26, 2026
SEC Fines Ill. Adviser Over COVID-Era Loan Valuations
The U.S. Securities and Exchange Commission announced that formerly registered investment firm Madison Capital Funding LLC will pay $900,000 to settle claims that it did not properly gauge the effects of market disruptions related to the COVID-19 pandemic when selling certain loans.
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February 26, 2026
Fed's Bowman Says Basel Redo Coming By End Of March
Federal Reserve Vice Chair for Supervision Michelle Bowman told senators Thursday that federal regulators plan to release a reworked Basel III endgame proposal in the next month, stressing that relaxing the capital treatment of mortgage activity will be one of its top goals.
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February 26, 2026
Judge Seems Poised To Keep Block On Trump Voting Order
A Massachusetts federal judge Thursday appeared to hold fast to her two prior rulings that President Donald Trump lacks authority to change voting laws via an executive order requiring physical documentation of citizenship and voiding mailed ballots that arrive after Election Day.
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February 26, 2026
Judge Won't Block Trump's White House Ballroom Project
A District of Columbia federal judge rejected a historical preservation nonprofit's bid to temporarily block President Donald J. Trump's plans to turn the White House's East Wing into a ballroom, ruling that the nonprofit's Administrative Procedure Act and constitutional claims fail.
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February 26, 2026
NCAA To Consider Penalties For Football Transfer Violations
An NCAA Division I oversight committee has proposed new penalties for schools that transfer student-athletes to their football team rosters without the student's giving proper notice during the NCAA's January transfer window, including a six-game coaching suspension.
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February 26, 2026
Kochava, FTC Near Deal To End Geolocation Privacy Suit
The Federal Trade Commission and Kochava Inc. told an Idaho federal judge Thursday that they have negotiated a final deal to resolve claims alleging the mobile app analytics provider illegally sold geolocation data from mobile devices that could be used to track people to reproductive health clinics, places of worship and other sensitive places.
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February 26, 2026
Tilray Says Hemp Protein Powder Label Suit Falls Flat
Cannabis and hemp product maker Tilray Brands Inc. is urging a California federal court to throw out a proposed class action alleging that it misleads consumers on the amount of protein its "Just Hemp" powder contains, saying the suit is preempted by federal regulations.
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February 26, 2026
Judge Backs $19M Default Judgment In Amazon's Piracy Suit
A Texas federal judge has recommended a copyright default judgment of nearly $19 million against a man whom Amazon and other major studios accuse of running an illicit streaming operation that began with the sale of "jailbroken" Fire TV sticks to stream content for free.
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February 26, 2026
PacifiCorp Hit With $305M Verdict For Oregon Fire
Multnomah County jurors have awarded a $305 million verdict to 16 people who sued electric power company PacifiCorp for damages stemming from a Santiam Canyon fire in Oregon.
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February 26, 2026
Judge Scolds 'Impenetrable' TikTok In NY AG's Addiction Suit
A New York state judge Thursday chided TikTok's attorneys for failing to search for financial and corporate records in the state's social media child addiction lawsuit, appearing poised to force TikTok companies to hand over more business data to calculate potential damages or disgorgement.
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February 26, 2026
Tenn. Health System Can't Dodge $28M False Claims Act Suit
A Tennessee-based health system must face claims it allegedly ran a sprawling patient referral scheme by overcompensating doctors in exchange for Medicare patient referrals and then billed Medicare $28 million for services it offered those illegally referred patients, a Tennessee federal judge said Thursday, denying the health system's dismissal bid.
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February 26, 2026
Judge Orders Dam Spill To Protect Columbia River Salmon
An Oregon federal judge has ordered tailored changes to hydropower dam operations in the Columbia River Basin to protect endangered salmon and steelhead, saying that as a decades-long dispute continues, the guaranteed tribal treaty resource is "disappearing from the landscape."
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February 26, 2026
6th Circ. Backs Officer's Immunity In Vacated-Conviction Case
The Sixth Circuit has ruled that a Detroit man whose drug conviction was vacated cannot move forward with his civil rights lawsuit against a narcotics officer, finding he failed to show the officer falsified a search warrant affidavit or failed to turn over evidence favorable to the defense.
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February 26, 2026
FCC Denies Cos.' Bids To Scrap Regulatory Fee Late Charges
The Federal Communications Commission is declining to waive the 25% penalty it slaps on top of regulatory fees from 2023 and 2024 that come in late, dashing the hopes of nearly two dozen companies that had asked the agency to do just that.
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February 26, 2026
4th Circ. Revives Secrets Charges Against Ex-Deloitte Workers
The Fourth Circuit on Thursday revived the bulk of the charges against two former Deloitte workers accused of stealing the company's trade secrets, disagreeing with a lower court that dismissed the case because of the government's delay in bringing it.
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February 26, 2026
Okla. Judge Says Oil & Gas Royalty Fight Belongs In Texas
An Oklahoma federal judge on Thursday sent to Texas federal court a lawsuit claiming oil and gas producer APA Corp. underpaid oil and gas royalties, saying the underlying leases are located in Texas and the dispute will likely be governed under Texas law.
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February 26, 2026
Kenvue Can't Duck Texas AG's Tylenol Autism Suit
A Texas state court Thursday rejected Kenvue's bid to toss a lawsuit that Texas' attorney general has brought alleging Tylenol taken during pregnancy could cause autism in children, even though it is marketed as the safest pain relief for pregnant women and young children.
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February 26, 2026
Feds Seek To Pause Fight Over Stopping Empire Wind Project
The Trump administration has asked a D.C. federal judge to pause litigation challenging its stoppage of the Empire Wind offshore wind project, a move opposed by the project's developers, who previously persuaded the judge to lift the stoppage.
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February 26, 2026
JRK-Owned Co. Will Pay Up To $5.1M To Conn. Tenants
A JRK Property Holdings unit will provide up to $5.1 million in immediate financial relief under the first of two agreements to settle an unfair trade practices probe into health and safety concerns at a 544-unit complex in Rocky Hill, Connecticut, the state attorney general's office announced Thursday.
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February 26, 2026
Arete Wealth, GC Can't Slip SEC Claims In Offering Fraud Suit
The U.S. Securities and Exchange Commission can move forward with its case against a broker-dealer and its former general counsel and chief compliance officer over an allegedly fraudulent stock offering by a "sham" energy company that Arete representatives sold, an Illinois federal judge ruled Thursday, while dismissing some claims related to off-channel communications and settlement releases, among other things.
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February 26, 2026
$200M Antitrust Deal Can Shield Drugmakers In States' Claims
Sun Pharmaceutical and Taro Pharmaceuticals can use their $200 million settlement with the "end payors" for generic drugs in an alleged price-fixing scheme as a defense in a similar lawsuit brought by 47 states and territories, the Connecticut federal judge overseeing the case ruled Wednesday.
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February 26, 2026
Vanguard Will Pay $29.5M To Settle Red States' ESG Suit
The Vanguard Group Inc. will pay $29.5 million to settle claims brought by several conservative states accusing it and other large asset managers of driving up coal prices by pressuring publicly traded energy companies to lower their output to meet carbon emission reduction goals.
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February 26, 2026
Walmart Will Pay Up To $100M To End FTC's Driver Pay Suit
The Federal Trade Commission and 11 states have reached a $100 million deal with Walmart to settle claims the company misled its "Spark" delivery program drivers over the amount they would be paid, and deceived customers over how much of the tips they paid would go to their drivers, the agency announced Thursday.
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February 26, 2026
DOL Unveils Independent Contractor Rule Replacement
The U.S. Department of Labor announced the details Thursday of a long-awaited proposed rule to rescind and replace a previous administration's regulation that outlined how to decide if a worker is an employee or independent contractor.
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February 25, 2026
Online Abortion Pill Provider Illegally Ships To Texas, AG Says
Texas Attorney General Ken Paxton sued Aid Access, its founder and a California doctor in state court Tuesday alleging they operate an "abortion-by-mail enterprise" that ship abortion-inducing drugs to Texas residents, which is endangering the lives of unborn children and their mothers.
Expert Analysis
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Aerospace And Defense Law: Trends To Follow In 2026
Some of the key 2026 developments to watch in aerospace and defense contracting law stem from provisions of this year's National Defense Authorization Act, a push to reform procurement, executive orders that announced Trump administration priorities, the upcoming Artemis space mission and continuing efforts to deploy artificial intelligence, say attorneys at Thompson Hine.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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3 Key Ohio Financial Services Developments From 2025
Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.
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Privacy Ruling Shows How CIPA Conflicts With Modern Tech
A California federal court's recent holding in Doe v. Eating Recovery Center that Meta is not liable for reading, or attempting to read, the pixel-related transmission while in transit reflects a mismatch between the California Invasion of Privacy Act's 1967 origins and modern encrypted, browser‑driven communications, says David Wheeler at Neal Gerber.
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Rescheduling Cannabis Marks New Tax Era For Operators
As the attorney general takes steps to move cannabis from Schedule I to Schedule III of the Controlled Substances Act, operators and advisers should prepare by considering the significant changes this will bring from tax, state, industry and market perspectives, says Michael Harlow at CohnReznick.
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Navigating Trade Secret Exceptions In Noncompete Bans
Recent and ongoing developments in the noncompete landscape, including a potential decision from the Tenth Circuit in Edwards Lifesciences v. Thompson, could offer tools for employers to bring noncompete agreements within trade secret exceptions amid an era of heightened employee mobility, say attorneys at Sullivan & Cromwell.
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Series
Playing Tennis Makes Me A Better Lawyer
An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.
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OCC Rulemaking May Clear Haze Around Trust Banks' Scope
A recent Office of the Comptroller of the Currency proposal at last eliminates uncertainty around whether national trust banks can engage in nonfiduciary activities, but it does not address which activities are permissible or whether a minimum amount of fiduciary activity is required, say attorneys at Davis Polk.
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Justices' BDO Denial May Allow For Increased Auditor Liability
The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.
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FTO Designations: Containing Foreign Firms' Legal Risks
Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.
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What To Expect From Justices' 401(k) Ruling, DOL Rulemaking
The U.S. Supreme Court's upcoming ruling in Anderson v. Intel, addressing alternative assets in defined contribution plans, coupled with the U.S. Department of Labor's recently proposed regulation on fiduciary duties in selecting alternative investments, could alleviate the litigation risk that has impeded wider consideration of such investments, say attorneys at Ropes & Gray.
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Digital Assets May Be In For A Growth Spurt In 2026
All signs point to an acceleration in digital asset product and service innovation throughout 2026, and while questions of first impression still need to be addressed, some legal issues will be clarified, spurring developments namely on the tokenization and stablecoin fronts, say attorneys at Skadden.
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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.