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Compliance
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April 02, 2026
DraftKings, FanDuel Hit With Location Tech Patent Suits
Interactive Games accused DraftKings Inc. and FanDuel Inc. of infringing various patents to confirm the identity and location of mobile devices and their users to facilitate online gambling and sports betting, in separate lawsuits brought Thursday in Massachusetts and New Jersey federal courts.
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April 02, 2026
SEC Says Now-Deceased Adviser Bilked $1.7M In Client Funds
The U.S. Securities and Exchange Commission filed suit Thursday against the estate of an investment adviser and his advisory firm, claiming they stole $1.7 million worth of client funds to pay for personal and business expenses.
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April 02, 2026
SEC's Musk Suit Presses Ahead As Settlement Talks Uncertain
The U.S. Securities and Exchange Commission is moving forward with a case accusing Elon Musk of failing to timely disclose his ownership stake in Twitter, with Musk telling a Washington, D.C., federal judge that the case may head to trial, just weeks after the parties told the judge they were negotiating a possible deal to end the case.
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April 02, 2026
5th Circ. Urged To Rethink Tax Break For Limited Partners
The Internal Revenue Service asked the Fifth Circuit to reconsider its decision allowing business partners with limited liability under state law to be excluded from the federal self-employment tax, saying it threatens the funding of Social Security and Medicare.
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April 02, 2026
Convenience Store Chain Denied Quick Appeal In Wage Suit
Han-Dee Hugo's can't immediately appeal a decision conditionally certifying a collective action of gas and convenience store managers in an overtime pay dispute, a North Carolina federal judge ruled, finding that it failed to show that doing so would speed up the litigation.
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April 02, 2026
BofA $72.5M Deal With Up To 75 Epstein Victims Clears Hurdle
A Manhattan federal judge gave preliminary approval Thursday to a settlement in which Bank of America will pay $72.5 million to as many as 75 women to settle allegations that it facilitated what the court called Jeffrey Epstein's "monstrous" sex trafficking and abuse.
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April 02, 2026
NC Top Court Scraps Judicial Fix For Public School System
The North Carolina Supreme Court ruled in a divided decision Thursday that the trial court lacked the power to impose constitutional remedies for the state's failure to provide adequate resources for education, invalidating nine years of developments in the decades-long case known as Leandro.
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April 02, 2026
Corporate And Banking Atty Joins Barnes & Thornburg In DC
Barnes & Thornburg LLP has hired a former Arnold & Porter Kaye Scholer LLP corporate attorney, who is joining the team in Washington to represent domestic and foreign banks, credit unions and financial services clients.
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April 02, 2026
Vape Sellers, Makers Evade Ga. Woman's RICO Scheme Suit
A Georgia federal judge has tossed a suit against numerous vape sellers and makers alleging they conspired to sell vapes with illegal levels of delta-9 THC, saying her complaint fails to allege any kind of scheme, but rather amounts to describing the normal supply chain.
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April 01, 2026
Wheeling & Appealing: April's Most Notable Oral Arguments
April is the coolest month, at least for appellate aficionados, featuring numerous important arguments with famous litigants, including U.S. senators, delivery apps Grubhub and Uber Eats, impresario Sean "Diddy" Combs, prediction platforms Kalshi and Robinhood, and a political giant known as the Velvet Hammer.
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April 01, 2026
Evita Boss Admits To Russia-Linked Crypto Laundering Ruse
The founder of crypto payments firm Evita on Wednesday admitted to what prosecutors say was a scheme to launder over half a billion dollars in cross-border transactions through the U.S. financial system, including funds held by sanctioned Russian banks.
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April 01, 2026
9th Circ. Revives Aya Health Arbitrations In Nurses' Wage Suit
A Ninth Circuit panel Wednesday reversed a district court ruling that voided arbitration agreements between Aya Healthcare Services Inc. and more than 250 employees, ruling that the lower court erred when it used the individual findings of two arbitrators to nix the agreements entirely.
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April 01, 2026
CFPB Seeks Green Light To Shed Half Of Staff In New Plan
The Consumer Financial Protection Bureau has asked the D.C. Circuit to let it proceed with a new plan to lay off roughly half of its remaining staff, arguing this latest downsizing proposal moots concerns that led to a lower-court injunction freezing efforts to slash its workforce.
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April 01, 2026
Novo Nordisk Unit Says Ex-Exec's Poor Work Dooms Bias Suit
By the time she was fired, a finance director of Novo Nordisk unit NNE Inc. had been falling short of company expectations while the pharmaceutical giant was preparing to get a multibillion-dollar drug facility off the ground, NNE's counsel told a North Carolina federal court Wednesday.
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April 01, 2026
Org. With Ties To RFK Presses Feds To Study Cellphone Risks
Environmental Health Trust, a think tank that promotes the theory that wireless radiation is bad for people's health, asked the FCC to comply with a 2021 D.C. Circuit order directing the agency to examine whether low level radio frequency radiation hurts children or could be harmful over time.
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April 01, 2026
11th Circ. Backs Order To Fix Fla. System For Disabled Kids
The Eleventh Circuit upheld an injunction finding Florida's institutionalization of children with complex medical conditions violated the Americans with Disabilities Act, ruling in a split opinion that a lower court mostly didn't abuse its discretion with ordering reforms.
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April 01, 2026
FDIC Reports Fewest Consumer Compliance Citations In Years
Federal Deposit Insurance Corp. examiners last year cited banks for the fewest number of federal consumer protection violations since at least 2018, while the agency initiated half as many consumer protection-related enforcement actions as it did the year prior.
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April 01, 2026
Quantum Corp. Seeks Exit From Investor Fraud Suit
Data storage company Quantum Corp. asked a Colorado federal judge to throw out a proposed class action against it, claiming the investor did not show that the company or its executives acted with actual knowledge of the alleged securities fraud or deliberate recklessness.
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April 01, 2026
Boeing Must Face Trimmed 737 Max Securities Fraud Suit
An Illinois federal judge said equity funds alleging Boeing defrauded investors by downplaying the 737 Max jets' safety flaws can pursue claims related to certain statements made after two deadly crashes in 2018 and 2019, but not claims tied to a separate door-plug blowout in 2024.
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April 01, 2026
SEC Walks Away From Five Crypto Wash Trading Cases
The U.S. Securities and Exchange Commission has voluntarily dismissed cases against five defendants accused of manipulating the cryptocurrency markets through wash trading, telling a Massachusetts federal court it will not pursue monetary remedies against one convicted fraudster who had already consented to an agency settlement.
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April 01, 2026
Monthly Merger Review Snapshot
The Justice Department allowed Live Nation to keep Ticketmaster while state attorneys general continue to sue, a $14 billion Boston Scientific deal drew Federal Trade Commission scrutiny, state enforcers challenged Nexstar's purchase of Tegna, and a threatened FTC challenge forced the abandonment of a laser eye surgery deal.
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April 01, 2026
4 Million Trump Accounts Established, IRS Says
More than 4 million children have been signed up for the new type of individual retirement account known as a Trump account, with more than a quarter of them eligible to receive $1,000 contributions through a pilot program, the Internal Revenue Service said.
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April 01, 2026
Feds Can't Block Calif. Law Banning New Drilling Near Homes
A California federal judge has refused to block enforcement of a California statute banning new fossil fuel development within 3,200 feet of homes and schools, ruling the U.S. government failed to show the statute conflicts with federal law since it limits environmental emission impacts and "arguably furthers federal objectives."
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April 01, 2026
17 State AGs Challenge EPA's Repeal Of Coal Plant Air Regs
Attorneys general from Illinois and 16 other states urged the D.C. Circuit on Tuesday to undo the Trump administration's recent rollback of Biden-era caps on mercury and other toxins in air pollution from coal- and oil-fired power plants, warning the loosened standards threaten public health and the environment.
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April 01, 2026
5th Circ. Panel Weighs BP Retirees' Pension Suit Win
A Fifth Circuit panel wanted to know what specific misrepresentations BP Corp. North America Inc. made to about 7,000 retirees that caused them to think they were getting a sweeter retirement deal than they got, asking Wednesday which misrepresentations were the most "obvious."
Expert Analysis
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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.
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Unpacking FCC's Proposed Rules For Offshore Call Centers
The Federal Communications Commission recently proposed rules that would restrict the use of offshore customer service operations, citing consumer frustration, data security risks and fraud as core reasons for the sweeping regulatory move, say attorneys at Eversheds Sutherland.
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Series
Calif. Banking Brief: All The Notable Legal Updates In Q1
As usual, California remained a hub for financial services activity in the first quarter of 2026, with key developments including the California Department of Financial Protection and Innovation's eye on consumer issues, a bill targeting "pig butchering" schemes, and jam-packed courts, say attorneys at Joseph Cohen.
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Unused Nuke Licenses Offer Shortcut For New Reactor Builds
While much has been done to accelerate the deployment of new nuclear generation, a number of still-valid licenses issued by the Nuclear Regulatory Commission for reactors that have not yet been built represent an unutilized resource for project developers looking to start construction quickly, say attorneys at K&L Gates.
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Series
Ultramarathons Make Me A Better Lawyer
Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.
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When AI Puffery Becomes Actionable Securities Fraud
Though courts usually hold that vague but optimistic corporate statements don’t constitute securities fraud, signs suggest that investors may give enough economic weight to references to artificial intelligence in public company disclosures that broad feel-good statements could cross into actionable misrepresentation, says Christine Polek at Keystone Strategy.
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Key Takeaways From The 2026 ABA Antitrust Spring Meeting
Last week's American Bar Association Spring Meeting revealed an antitrust landscape defined by heightened friction and tension — between federal and state enforcers, domestic and international regimes, competing political visions, and traditional enforcement tools and novel challenges, say attorneys at Skadden.
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State FARA Laws Pose Unique Constitutional Challenges
Several states have recently enacted foreign agent registration and disclosure regimes that were modeled after the Foreign Agents Registration Act, but these state laws raise several constitutional questions, including concerns about preemption, speech and petition, and vagueness, says Alexandra Langton at Covington.
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Proactive Risk Allocation Reduces Infrastructure Disputes
Recent wrangling between federal and state officials over the Gateway Program illustrates how quickly funding and project governance disputes can disrupt significant public infrastructure initiatives — and highlights that the way risks are contractually allocated can determine whether disagreements are resolved efficiently or lead to costly delays, says Thibaut Giret at Alstef Group.
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Series
Pa. Banking Brief: All The Notable Legal Updates In Q1
The first quarter of 2026 brought several consequential developments for Pennsylvania financial institutions, including the state banking department's first assessment overhaul in 10 years, a bill prohibiting interchange fees on card transaction sales taxes and a federal appeals court's upholding of a $52 million enforcement action, say attorneys at Gross McGinley.
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Madison Capital Action Displays SEC's Emphasis On Process
The U.S. Securities and Exchange Commission's recent enforcement action against Madison Capital reflects the SEC's view that when market conditions materially change, valuation methodologies must be reassessed in real time, highlighting the importance of internal processes, say attorneys at Lankler Siffert & Wohl.
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Informal Announcements Are Reshaping FDA Regulations
The U.S. Food and Drug Administration's recent shift toward using press releases, podcasts and other informal channels to announce major policy changes reflects a valid desire to modernize and accelerate regulatory efforts, but it could lead to diminished transparency, increased industry burden and reduced policy durability, says Rachel Turow at Skadden.
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Motorola Case Shows Reach Of NLRA Dishonesty Protections
A recent National Labor Relations Board case, involving a Motorola employee who was terminated for lying about discussing wages, illustrates the broad reach of National Labor Relations Act protections for concerted activity, which may take on new significance as the agency shifts toward more restrained enforcement, say attorneys at BakerHostetler.
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9th Circ. Ruling Clarifies Doc Protection Limits In Gov't Probes
The Ninth Circuit's recent decision in Kalbers v. U.S. Department of Justice confirms that Rule 6(e) provides robust protections when documents are in the government's possession only through a grand jury subpoena, emphasizing for companies the importance of careful labeling from the outset of an investigation, say attorneys at Cooley.
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Spotlight On Legal Battles Over EEOC Subpoena Powers
Attorneys at Wilson Elser consider the spate of litigation over the past year, spurred by the Equal Employment Opportunity Commission’s focus on alleged religious discrimination at universities, and corporate diversity, equity and inclusion practices, and how it may affect the attempts to assert privacy rights against the agency's broad subpoena powers.