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Compliance
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April 17, 2026
AI Co. Execs Faked Customers For Fraud Scheme, Feds Say
The former chief executive officer and former chief financial officer of a bankrupt artificial intelligence firm were indicted in Brooklyn Friday on charges that they defrauded investors and banks by lying about having customers in order to inflate company earnings to the tune of hundreds of millions of dollars.
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April 17, 2026
CFPB Could Soon Issue Overhauled Small-Biz Loan Data Rule
The Consumer Financial Protection Bureau is awaiting White House clearance to publish a final rule that would complete its revamp of small-business lender reporting requirements issued during the Biden administration, according to a new regulatory notice.
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April 17, 2026
Groups Say EPA Used Faulty Math In GHG Finding Repeal
Sixteen health and environmental groups said this week that the U.S. Environmental Protection Agency must reconsider its February repeal of the scientific finding allowing the agency to regulate greenhouse gases, because the final rule relied on error-filled technical analyses that weren't included in the proposed version.
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April 17, 2026
Up Next At High Court: SEC And FCC Enforcement Authority
The U.S. Supreme Court's final argument session of this term kicks off Monday, when the justices will consider the U.S. Securities and Exchange Commission's authority to seek disgorgement orders against alleged wrongdoers without proving investors were harmed. Here, Law360 breaks down the week's oral arguments.
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April 17, 2026
GMO Trust To Pay $6.8M In Yen Stablecoin Loss Settlement
GMO-Z.com Trust has agreed to pay $6.8 million to end a class action from buyers of the GYEN stablecoin who say they suffered losses when the coin was "de-pegged" from the Japanese yen, according to a motion for final settlement approval.
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April 17, 2026
DOT Immigrant License Crackdown's Effects On Trucking
New lawsuits and a tricky compliance landscape have besieged a trucking industry navigating the Trump administration's aggressive enforcement of restrictions on immigrant commercial truck drivers, as motor carriers, freight brokers and other ground-based shippers worry about escalating rates, driver turnover and service disruptions.
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April 17, 2026
Exxon Rips Mass. AG For Greenwash 'Fishing Expedition'
ExxonMobil said Massachusetts' attorney general is proposing a "massive fishing expedition" in the state's long-pending "greenwashing" lawsuit by seeking to question witnesses about hundreds of topics, some dating back nearly 50 years, in a motion seeking to limit the scope of upcoming depositions.
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April 17, 2026
Texas Justices Back Enviro Agency In Deadline Dispute
The Texas Supreme Court ruled Friday that Texas' environmental regulator timely requested input from the office of Texas Attorney General Ken Paxton before having to potentially disclose thousands of documents sought by the Sierra Club, finding its 10-business-day deadline didn't lapse.
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April 17, 2026
3 Key Questions On Trump's Pharma Tariffs
President Donald Trump recently announced 100% tariffs on certain imported pharmaceutical products, with opportunities for drug companies to lower their tariff rates to zero, but questions remain about the requirements for preferential treatment and abilities to administer the regime. Here, Law360 examines three open questions surrounding pharmaceutical tariffs' implementation.
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April 17, 2026
Allstate Says Fla. Surgery Centers Padded Bills For Care
Seven ambulatory surgery centers, a pain clinic and an anesthesia practice that are all run by Surgery Partners conducted "extraordinarily aggressive treatment" on patients involved in minor car crashes to inflate the bills submitted to Allstate, the insurer told a Florida federal court Friday, alleging it paid millions for unnecessary treatment.
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April 17, 2026
Ex-FERC Chair Backs Pa. AG's Intervention In Grid Fight
Former Federal Energy Regulatory Commission chairman Mark Christie voiced support for Pennsylvania's efforts to block a power grid project along its southern border in a brief to the U.S. Supreme Court Friday, asking the high court to allow the state's attorney general to challenge an appellate ruling that held federal law governed the project.
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April 17, 2026
Bill Floated To Nix Medical Residency Antitrust Exemption
U.S. Sen. Mike Lee, R-Utah, has introduced legislation to repeal an antitrust exemption given to the medical residency matching program by Congress two decades ago, over concerns about wages and a bottleneck of medical school graduates.
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April 17, 2026
Fanatics Unit Says Bettor Can't Enforce Wagering Limits Rule
A Fanatics sportsbook affiliate has urged a Michigan federal court to deny a bettor's bid for partial summary judgment, arguing that he has no private right to enforce the state gaming rule at issue, lacks standing to assert claims under other states' laws and sought judgment before discovery had even begun.
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April 17, 2026
Cities Pan Latest GOP Permit Reform Bill As 'Dangerous'
A coalition of cities and counties Friday blasted a Republican plan to impose "shot clocks" on local governments so they will hurry along broadband permit decisions, calling it an unacceptable attack on local authority.
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April 17, 2026
GC Cheat Sheet: The Hottest Corporate News Of The Week
New data found that some companies are being wary during the 2026 proxy season by negotiating deals behind closed doors rather than allowing shareholders to vote on issues. In the meantime, a report showed that the higher annual rate growth for outside counsel fees that began in 2022 has become the new normal. These are some of the stories in corporate legal news you may have missed in the past week.
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April 17, 2026
Doc Says Texas Man Can't Sue Over Mailed Abortion Pills
A Texas man suing his ex-girlfriend's out-of-state doctor for prescribing mail-order abortion pills can't prove that the doctor caused the wrongful death of their unborn child, the doctor told a federal court, saying the case should be dismissed because he's not responsible for the woman's actions.
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April 17, 2026
Alaska-Hawaiian Merger Judge Mulls DQ Over O'Melveny Ties
The parties in a consumer lawsuit challenging Alaska Airlines' 2024 acquisition of Hawaiian Airlines have been notified that the federal judge recently assigned to the case intends to disqualify himself unless they sign a waiver over one of his retirement accounts being tied to O'Melveny & Myers LLP, which is representing Alaska Airlines.
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April 17, 2026
Judge Finds E-Cigarette Shop Violated State Tobacco Laws
A California magistrate judge has recommended summary judgment in favor of the state in its suit against an electronic cigarette seller, saying the undisputed facts of the case say the business violated the law by selling e-cigarettes without a license and unlawfully shipped them through the U.S. Postal Service.
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April 17, 2026
DC Circ. Orders SEC Rethink Of Whistleblower Claim
The D.C. Circuit on Friday ordered the U.S. Securities and Exchange Commission to better explain why it denied a whistleblower award to an anonymous individual who brought forth information that led to a successful enforcement action, ruling that the agency needs to reconsider the alleged whistleblower's petition.
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April 17, 2026
Fintech Founder Can't Stay SEC Fraud Case Amid Countersuit
A fintech founder can't hit pause on U.S. Securities and Exchange Commission claims he defrauded investors in a special purpose acquisition company as another court weighs whether to toss his claims that the regulator sued him improperly during last year's government shutdown.
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April 17, 2026
High Court Sends La. Pollution Suit To Federal Court
The U.S. Supreme Court on Friday said that pollution lawsuits against Exxon Mobil Corp. and Chevron in Louisiana belong in federal court, agreeing with the companies that their World War II-era oil production in the state was federal in nature.
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April 16, 2026
Citizens Group Says 25 States Are Eyeing AI Chatbot Laws
Twenty-five U.S. states are looking at passing laws to make artificial intelligence companies face liability claims in civil suits if they fail to protect consumers who interact with chatbots, while another three states have already enacted protections, according to a citizens group's new legislative tracker.
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April 16, 2026
2nd Circ. Says Animal Groups Can't Challenge Swine Rule
The Second Circuit on Thursday held that a trio of animal welfare groups don't have the standing to fight the U.S. Department of Agriculture's revised practices for inspecting pigs at slaughterhouses, ruling that none of the groups have shown they are likely to be harmed by the rule.
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April 16, 2026
DC Circ. Ponders If FERC Mistakenly Rejected PJM Deal
PJM transmission owners faced a skeptical D.C. Circuit Thursday, as aside from saying their arguments were properly preserved in an appeal of the Federal Energy Regulatory Commission rejecting a plan they worked out with regional grid operator PJM Interconnection, they also had to defend the arguments themselves.
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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."
Expert Analysis
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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.
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AI Recruiting Suit Shows Old Laws May Implicate New Tools
The Fair Credit Reporting Act allegations recently filed in Kistler v. Eightfold AI, are the latest example of broad definitional language in legacy statutes proving far more dangerous to companies deploying artificial intelligence – particularly in hiring – than any purpose-built artificial intelligence regulation, say attorneys at Ogletree.
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2 Rulings Poke Holes In Mandatory Restitution Framework
The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.
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What Voluntary Calif. Carbon Reports Show About Compliance
While the enforcement of California's S.B. 261 is currently paused due to a Ninth Circuit injunction, more than 130 companies have nonetheless chosen to voluntarily publish climate-related financial risk disclosures, providing a useful snapshot of how the market is interpreting the law's requirements in practice, say attorneys at DLA Piper.
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Pivotal 6th Circ. Ruling Threatens Decades Of NLRB Decisions
The Sixth Circuit's recent decision in Brown-Forman v. National Labor Relations Board fundamentally challenged the NLRB's long-standing practice of establishing policies through adjudication rather than formal rulemaking, giving employers and unions a new avenue to procedurally attack the vast majority of its rules, say attorneys at Faegre Drinker.
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What A Court Doc Audit Reveals About Erroneous Filings
My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.
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Regulators' Basel Pitch May Bring Banks Capital Relief
The prudential banking agencies' new proposals to implement the so-called Basel III endgame rules — which would modify the approach to risk-based capital, among other notable changes — represent a fundamental directional shift in bank capital requirements aimed at increasing lending capacity, says Chen Xu at Debevoise.
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How SEC And CFTC Are Attempting To End Their 'Turf War'
Through coordinated examinations and a shared aim to end duplicative regulation, the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission's recent memorandum of understanding could represent a significant shift in the regulatory landscape for market participants subject to the jurisdiction of both agencies, say attorneys at Jenner.
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What's Missing From Latest Gov't Claims Against Harvard
The most interesting thing about the Trump administration’s recent civil rights enforcement efforts targeting Harvard University is its decision not to assert violations of the False Claims Act when given the opportunity, despite signals that its enforcement efforts will include use of the federal FCA, say attorneys at Bass Berry.
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How Cos. Can Prepare For 'Made In America' Ad Scrutiny
The Trump administration's executive order to combat fraudulent "Made in America" claims in consumer-facing advertising, along with actions by the Federal Trade Commission, suggest a potential increased focus on consumer protection and pricing-related matters, say attorneys at Skadden.
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Preparing For New Calif. Pay Data Reporting Requirements
California's S.B. 464 overhauls the state's pay data reporting framework by requiring employers to use job categories that are based on the Standard Occupational Classification system, increasing both the potential visibility of pay disparities and the complexity of compliance, say attorneys at Kaufman Dolowich.
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Series
Mich. Banking Brief: All The Notable Legal Updates In Q1
Michigan's financial services sector saw several significant developments in 2026's first quarter, including the state Department of Insurance and Financial Services' issuance of a bulletin on the use of artificial intelligence and the Michigan House's introduction of a bill based on the Model Money Transmission Modernization Act, say attorneys at Dykema.
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Why Indicia Of Fraud Matter In Forensic Accountant Testimony
Amid federal probes into Minnesota social welfare programs and an elevated focus on detecting and prosecuting fraud, counsel must understand the professional and procedural lines that forensic accounting experts should not cross when analyzing evidence for indicia of fraud, say Kelly Bossard and George Saitta at FTI Consulting.
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How Cos. Can Navigate The Patchwork Of AI Safety Bills
In the first few months of 2026, state and federal lawmakers introduced hundreds of bills to address the perceived safety risks of artificial intelligence, so companies should assess whether existing or planned services could be scoped into AI safety legislation across jurisdictions, say attorneys at Hogan Lovells.