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Compliance
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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.
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February 25, 2026
OCC Unveils Landmark Stablecoin Rule Proposal
The Office of the Comptroller of the Currency took a significant step Wednesday toward standing up its oversight framework for stablecoin issuers, proposing rules that lay out how licensing will work, what activities will be allowed and what prudential standards will apply.
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February 25, 2026
FTC Backs Age Verification Use With New Enforcement Stance
The Federal Trade Commission said Wednesday that it won't use its enforcement authority under the Children's Online Privacy Protection Act to bring actions against certain websites and services that collect kids' personal information without parental consent for the sole purpose of verifying users' ages.
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February 25, 2026
Ex-Morgan Stanley Pro Abused NBA Players' Trust, Jury Hears
A prosecutor told a Manhattan federal jury Wednesday that former Morgan Stanley investment adviser Darryl Cohen pulled off a long con of current and former NBA players, winning their confidence and friendship before cheating them out of more than $5 million.
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February 25, 2026
DOJ Settles With IT Co. It Said Hurt US Workers With AI Ads
The U.S. Department of Justice's Civil Rights Division announced Wednesday that it reached a settlement with a Virginia-based IT services company it alleged posted job advertisements generated by an artificial intelligence tool that included language restricting consideration only to certain foreign applicants.
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February 25, 2026
Social Media Contributed To Mental Health Issues, Jury Hears
A therapist who treated the plaintiff in a landmark bellwether trial alleging Instagram and YouTube harm children's mental health told a California jury Wednesday that social media use contributed to the plaintiff's struggles, while acknowledging that social media addiction is not a diagnosis formally recognized in her field.
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February 25, 2026
AT&T Promptly Settles NYC Pension Funds Diversity Suit
AT&T on Wednesday agreed to allow shareholders to vote on New York City pension funds' proposal requesting a corporate diversity report, quickly settling a suit filed by the funds last week.
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February 25, 2026
Feds Sued Over Warrantless Immigration Arrests In NC
Five North Carolina residents sued the U.S. Department of Homeland Security and several of its agencies Tuesday in federal court, alleging in a proposed class action that they were arrested and held without a warrant during violent and destructive immigration dragnet operations across North Carolina.
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February 25, 2026
EPA's Cancellation Of Solar Program Is Illegal, States Say
A coalition of states has urged a Washington federal court to bar the U.S. Environmental Protection Agency from clawing back roughly $3 billion in federal funding for solar energy projects, arguing it can't rescind funds already obligated.
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February 25, 2026
Dems Demand Explanation For DOJ Antitrust Chief's Exit
Two Democrats on the House Judiciary Committee demanded Wednesday that U.S. Attorney General Pam Bondi explain to lawmakers why the U.S. Department of Justice's antitrust chief was forced to resign, expressing concern about the administration's potential interference with merger reviews and antitrust litigation.
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February 25, 2026
Senate Bill Would Make Gov't Admit It Perused Your Emails
Courts issue hundreds of thousands of criminal surveillance orders each year, allowing law enforcement to spy on suspects beyond the bounds of what is normally legal, but a bill reintroduced Wednesday in the U.S. Senate aims to shed light on the process by informing someone when the government wanted their digital information.
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February 25, 2026
Crypto Hedge Fund Manager Charged With Tax Evasion
Federal prosecutors have charged a crypto hedge fund manager who has renounced his U.S. citizenship with filing false tax returns and willfully failing to disclose millions of dollars' worth of foreign assets.
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February 25, 2026
Lawsuit Over Recalled Lowe's Batteries Tossed, For Now
Tool company Chervon North America Inc. and retailer Lowe's Home Centers LLC have, for now, beaten a proposed class action accusing them of selling lithium-ion batteries that caught fire, after an Illinois federal judge ruled that the buyer failed to point to any particular "promise regarding safety."
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February 25, 2026
Alibaba Faces Wash. Spam Suit Over Text Referral Program
Alibaba has been hit with a proposed class action claiming the e-commerce giant sent tens of thousands of text messages to Washington state consumers in violation of the Washington Consumer Electronic Mail Act, which is meant to guard residents against advertising spam.
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February 25, 2026
CFTC Warns Against Prediction Market Insider Trading
The CFTC on Wednesday warned prediction market traders it "has full authority to police illegal trading practices" on regulated platforms as it flagged two penalties Kalshi levied against an editor for popular internet video brand MrBeast and a California political candidate who each allegedly flouted the platform's insider trading rules.
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February 25, 2026
$17.9M Drug Price-Fixing Deal Advances Despite Objections
A Connecticut federal judge on Wednesday advanced a $17.9 million generic drug price-fixing settlement between 48 states and territories and pharmaceutical companies Bausch Health US LLC, Bausch Health Americas Inc. and Lannett Co. Inc., sidelining objections by consumers suing separately in a Pennsylvania multidistrict litigation case.
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February 25, 2026
Valve Promotes Illegal Gambling In Its Games, NY AG Claims
The New York attorney general Wednesday sued Valve Corp., claiming the video game developer has been illegally promoting gambling to children through games like Counter-Strike by "enticing" them to pay for chances to win virtual items, some of which can be rare and hold significant monetary value.
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February 25, 2026
NJ Judge Trims J&J And Neutrogena Benzene Suit
A New Jersey federal judge has slashed state and common law claims in a multistate proposed class action alleging that acne cream produced by Johnson & Johnson Consumer Inc. and Kenvue Inc. contained a cancer-causing chemical without warning labels, saying the buyers' claims missed "a step" and were "circular."
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February 25, 2026
4 Questions About Trump's Retirement Savings Pitch
President Donald Trump's promise that workers whose employers don't contribute to their retirement savings will get access to the same type of retirement plan that federal employees have has caught the attention of benefits attorneys, who said they have numerous questions about what that might look like. Here, Law360 looks at four of those questions.
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February 25, 2026
It's Kickoff Time For FCC Look At Sports Media Marketplace
Sports streaming's rise and the impact of a fragmenting sports programming marketplace on local broadcasters will get new attention from regulators at the Federal Communications Commission.
Expert Analysis
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Bid Protest Data Contradicts Claims That System Is Inefficient
Recently released data debunks the narrative that the federal procurement system is overwhelmed by excessive or meritless bid protests, revealing instead that the process is healthy and functioning as intended, says Joshua Duvall at Duvy Law.
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Opinion
Congress Should Lead On AI Policy, Not The States
There needs to be some limits on how far federal agencies go in regulating artificial intelligence systems, but Congress must not abdicate its responsibility and cede control over this interstate market to state and local officials, say Kevin Frazier at the University of Texas School of Law and Adam Thierer at the R Street Institute.
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Breaking Down Expense Allocation In Mixed-Use Properties
Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.
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4 Lessons From FTC's Successful Bid To Block Edwards Deal
The Federal Trade Commission's recent victory in blocking Edwards Lifesciences' acquisition of JenaValve offers key insights for deals in life sciences and beyond, including considerations around nonprice dimensions and clear skies provisions, say attorneys at Orrick.
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Limiting Worker Surveillance Risks Amid AI Regulatory Shifts
With workplace surveillance tools becoming increasingly common and a recent executive order aiming to preempt state-level artificial intelligence enforcement, companies may feel encouraged to expand AI monitoring, but the legal exposure associated with these tools remains, say attorneys at MoFo.
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Can OCC State Banking Law Preemption Survive The Courts?
While two December proposals from the Office of the Comptroller of the Currency seek to foreclose pending consumer litigation against national banks related to residential mortgage lending, it's unclear whether this aggressive approach will withstand judicial scrutiny under the U.S. Supreme Court's 2024 rulings in Cantero and Loper Bright, say attorneys at Davis Wright.
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How Selig May Approach CFTC Agricultural Enforcement
As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.
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Traditional FCA Enforcement Surges Amid Shifting Priorities
The U.S. Department of Justice’s January report on False Claims Act enforcement in fiscal year 2025 reveals that while the administration signaled its intent to expand FCA enforcement into new areas such as tariffs, for now the greatest exposure remains in traditional areas like healthcare — in which the risk is growing, say attorneys at Debevoise.
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How 3 CFTC Letters Overhauled Digital Asset Guidance
The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.
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5th Circ. Ruling Clarifies Tax Rules For Limited Partners
The Fifth Circuit’s Jan. 16 decision in Sirius Solutions v. Commissioner provides greater tax planning certainty by adopting a bright-line test for determining when partners in limited liability companies are exempt from self-employment tax, say attorneys at K&L Gates.
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FTC Focus: Testing Joint Enforcement Over Loyalty Programs
The Federal Trade Commission's case against Syngenta can be understood both as a canary for further scrutiny over loyalty-discount practices and a signal of the durability of joint federal-state antitrust enforcement, with key takeaways for practitioners and those subject to regulatory antitrust scrutiny alike, say attorneys at Proskauer.
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NYC Bar Opinion Warns Attys On Use Of AI Recording Tools
Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.
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Ruling Helps Clarify FERC's Post-Jarkesy Enforcement Power
A North Carolina federal court's recent ruling in American Efficient v. Federal Energy Regulatory Commission may be a step in providing clarity on FERC's enforcement authority under the Federal Power Act in the wake of the U.S. Supreme Court's 2024 decision in U.S. Securities and Exchange Commission v. Jarkesy, say attorneys at Sidley.
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Series
The Biz Court Digest: Dispatches From Utah's Newest Court
While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.
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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.