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Compliance
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March 30, 2026
FINRA Sanctions Upheld At 6th Circ. Against Unregistered CEO
The Sixth Circuit won't reverse Financial Industry Regulatory Authority sanctions against the owner of a consulting company who argued he'd been unfairly ruled against by a self-regulatory organization he never joined, though the judges stopped short of weighing the petitioner's constitutional challenges to the FINRA findings.
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March 30, 2026
SEC Workers Cite Concern Job Cuts Left Knowledge Gaps
The U.S. Securities and Exchange Commission's headcount hit a decade low in fiscal year 2025, and some who remain are concerned that key institutional knowledge may have been lost, according to a new report by the U.S. Government Accountability Office.
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March 30, 2026
TD Bank Moves Funds' Suits Over Failed First Horizon Deal
Toronto-based TD Bank has moved to New Jersey federal court two suits from hedge funds that invested in First Horizon Corp. alleging TD Bank is liable for their losses due to statements it made about the likelihood of regulatory approval of the banks' merger, arguing the suits both raise federal questions that belong in federal court.
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March 30, 2026
FCA Qui Tams Are Unconstitutional, Eli Lilly Tells Justices
The False Claims Act's whistleblower provisions are unconstitutional, drugmaker Eli Lilly has told the U.S. Supreme Court, asking it to overturn a Seventh Circuit decision upholding a $183 million trial win for a whistleblower who claimed the drug company hid how much it charged for Medicaid-covered drugs.
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March 30, 2026
Full 11th Circ. Asked To Review SEC's $1M Penny Stock Award
Spartan Securities and other defendants sued by the U.S. Securities and Exchange Commission over an alleged penny stock fraud petitioned the Eleventh Circuit Monday for a full court rehearing of a panel decision affirming a $1 million judgment in favor of the SEC.
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March 30, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket this past week featured disputes involving globally recognized companies, high-dollar contract fights, revived claims from the state's high court and the resolution of a closely watched de-SPAC case.
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March 30, 2026
Churchill Downs Kicks Texas Betting Fight To Federal Court
A dispute over Texans' ability to bet on out-of-state horse races is headed to federal court after Churchill Downs Inc. booted the case out of state court Monday, arguing that it is clearly a cross-state dispute.
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March 30, 2026
'Is It Kafka?' Judge Presses Pentagon On Press Restrictions
A D.C. federal judge requested additional briefing Monday from the Trump administration before deciding whether to toss the U.S. Department of Defense's revised rules restricting journalists' access to the Pentagon but said some new allegations from reporters read like the revisions came from a Franz Kafka novel.
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March 30, 2026
FTC Says Anesthesia Group Cheered While Raising Prices
The Federal Trade Commission pushed back against a bid from U.S. Anesthesia Partners to avoid facing trial on claims that it monopolized the market through a rollup strategy, saying the company celebrated its ability to dramatically increase prices.
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March 30, 2026
Investment Firm Fined For Ads Pitching Copycat Portfolios
An online investment advisory firm that offered clients the chance to copy the trading activity of well-known business and political figures will pay a $500,000 administrative fine and restitution to resolve a complaint that Massachusetts securities regulators brought alleging misleading social media ads.
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March 30, 2026
Ex-Yale Student's Defamation Suit Tossed, Misconduct Cited
An ex-Yale student suing the university and a sexual assault accuser engaged in "repeated and escalating" litigation misconduct including violating anonymity orders and withholding key information from numerous courts, warranting dismissal as a punishment, a Connecticut federal judge has ruled in tossing the case.
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March 30, 2026
Pillsbury Asks To Toss Suit Over Nonclient Data Breach
Pillsbury Winthrop Shaw Pittman LLP sought dismissal of a consolidated data breach action in New York federal court Friday due to the plaintiffs' alleged lack of relationship with the firm and inability to identify any cognizable damages.
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March 30, 2026
Chancellor Rejects Musk Recusal Bid But Transfers Tesla Suits
The top judge of the Delaware Chancery Court on Monday rejected Elon Musk's bid to force her off three high-profile cases involving stockholders and Tesla, but reassigned the litigation anyway, citing concerns that intense public attention could undermine confidence in the proceedings.
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March 30, 2026
J&J Unit Wants Forensic Exam Of Ex-Director's Devices
A Johnson & Johnson subsidiary urged a New Jersey federal court to order a former associate director to submit to a court-supervised forensic inspection of any device or account in which she could have stored confidential information it claims she downloaded in order to start her own competing company.
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March 30, 2026
NC County Accused Of Withholding Landfill PFAS Records
A North Carolina county was accused in state court of violating public records law by either not producing — or producing in an inadequate manner — records related to the presence of per- and polyfluoroalkyl substance (PFAS) pollution in and around the county landfill.
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March 30, 2026
Cognizant Hit With $8.4M Verdict Over NYU Prof's Firing
A Manhattan federal jury on Monday awarded $8.4 million to a New York University professor and former Cognizant Technology Solutions employee who claimed he was fired in retaliation for alleging the information technology company engaged in systematic hiring bias.
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March 30, 2026
Exchanges Are First Line In CFTC Prediction Market Policing
As the U.S. Commodity Futures Trading Commission insists it will be the primary cop for the growing expanse of prediction markets, experts said the agency is signaling that its first line of defense will be the internal enforcement programs of registrants like Kalshi.
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March 30, 2026
Md. Officials Immune In Challenge To Pot, Hemp Rules
A Maryland federal judge has thrown out a challenge by hemp sellers, farmers and a consumer to Maryland's new rules requiring a cannabis license to sell intoxicating hemp products, finding that the state officials have sovereign immunity.
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March 30, 2026
Justices Turn Away Case Over SEC Receivership Powers
The U.S. Supreme Court on Monday rejected a plea by a Dallas real estate developer to hear a challenge to the U.S. Securities and Exchange Commission's ability to seize the assets of alleged fraudsters before a trial can take place.
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March 30, 2026
Justices Won't Examine Mich. Immunity In Pipeline Row
The U.S. Supreme Court on Monday refused to review a Sixth Circuit decision that greenlighted Enbridge Energy LP's lawsuit challenging Michigan's decision to revoke an easement for the company's controversial Line 5 oil and gas pipeline.
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March 30, 2026
Justices Pass On FCA Suit Alleging Quest Diagnostics Fraud
The U.S. Supreme Court rejected on Monday a former Quest Diagnostics Inc. compliance officer's bid for review of the dismissal of a long-running False Claims Act suit against the medical testing company.
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March 30, 2026
High Court Won't Undo Washington Tribal Immunity Order
The U.S. Supreme Court on Monday declined to take up a Washington cattle ranch's petition that challenged the immovable property rule's application to tribal sovereign immunity in an effort to revive its dispute over rights to land along the Stillaguamish River.
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March 27, 2026
BofA Will Pay $72.5M In Deal Ending Epstein Ties Allegations
Bank of America agreed to pay $72.5 million to put to rest a proposed class action alleging the bank helped facilitate Jeffrey Epstein's sex crimes, according to a motion for preliminary approval of the deal filed in New York federal court Friday.
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March 27, 2026
Elizabeth Holmes Gets 11-Year Prison Sentence Cut By A Year
A California federal judge has shaved off a year from convicted ex-Theranos CEO Elizabeth Holmes' 11-year-and-three-month prison sentence for securities fraud due to recent sentencing guideline amendments, reducing her time behind bars by one year, instead of the two years she requested, amid objections by prosecutors.
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March 27, 2026
Live Nation Beat Rivals With Better Tech, Jury Hears
A former executive for AEG Presents on Friday testified that his former employer's ticketing system was subpar to that of Live Nation's Ticketmaster, as counsel for the latter portrayed the live entertainment giant's dominant position in the market as a natural result of its superior services to clients.
Expert Analysis
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Series
Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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OCC Mortgage Escrow Rules Add Fuel To Preemption Debate
Two rules proposed in December by the Office of the Comptroller of the Currency, which would preempt state laws requiring national banks to pay interest on mortgage escrow accounts, are a bold new federal gambit in the debate over how much authority Congress intended to hand state regulators under the Dodd-Frank Act, says Christian Hancock at Bradley Arant.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.
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How Cos. Can Prepare For Calif. Recycling Label Challenges
California's S.B. 343 turns recycling labels from marketing shorthand into regulated claims that must stand up to scrutiny with proof, so companies must plan for the Oct. 4 compliance deadline by identifying every recyclability cue, deciding which ones they can support, and building the record that defends those decisions, says Thierry Montoya at FBT Gibbons.
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When Tokenized Real-World Assets Collide With Real World
The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.
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How AI Data Centers Are Elevating Development Risk In 2026
As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.
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Strategies For Effective Class Action Email Notice Campaigns
Recent cases provide useful guidance on navigating the complexities of sending email notices to potential class action claimants, including drafting notices clearly and effectively, surmounting compliance and timing challenges, and tracking deliverability, says Stephanie Fiereck at Epiq.
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Mass. Ruling Raises Questions About Whistleblower Status
In Galvin v. Roxbury Community College, Massachusetts' top appellate court held that an individual was protected from retaliation as a whistleblower, even though he engaged in illegal activity, raising questions about whether whistleblowers who commit illegal acts are protected and whether trusted employees are doing their job or whistleblowing, say attorneys at Littler.
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How Lenders Can Be Ready For Disparate Impact Variabilities
Amid state attorneys general's and regulators' mixed messaging around disparate impact liability, financial institutions can take several steps to minimize risk, including ensuring compliance management aligns with current law and avoiding decisions that impede growth in business and service, says Elena Babinecz at Baker Donelson.
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Wage-Based H-1B Rule Amplifies Lottery Risks For Law Firms
Under the wage-based H-1B lottery rule taking effect Feb. 27, law firms planning to hire noncitizen law graduates awaiting bar admission should consider their options, as the work performed by such candidates may sit at the intersection of multiple occupational classifications with differing chances of success, says Jun Li at Reid & Wise.
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Series
Judges On AI: Practical Use Cases In Chambers
U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.
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Opinion
Corporations Should Think Twice About Mandatory Arbitration
The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.
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Assessing Compliance Risks Around TrumpRx Participation
As there are novel compliance obligations and potential political opposition related to the new TrumpRx online drug platform, companies intending to participate on the site should consider the pressure points that are likely to draw enforcement scrutiny, say attorneys at Sheppard.
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A Closer Look At California Financial Regulator's 2026 Agenda
California Department of Financial Protection and Innovation Commissioner KC Mohseni in recent remarks demonstrated the regulator's growing importance amid the Consumer Financial Protection Bureau's retreat by debuting expansive goals for 2026, including finalizing rulemaking for the state's digital asset law and expanding enforcement authority around consumer complaints, says John Kimble at Hinshaw.
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California's New Privacy Laws Demand Preparation From Cos.
An increase in breach disclosures is coinciding with California's most comprehensive privacy and artificial intelligence legislation taking effect, illustrating the range of vulnerabilities organizations in the state face and highlighting that the key to successfully managing these requirements is investing in capabilities before they became urgent, says Camilo Artiga-Purcell at Kiteworks.