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Compliance
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February 26, 2026
Exec To Pay SEC Fine Over Fake Berkshire Hathaway Deal
A former Brazilian reinsurance executive will pay a $500,000 civil penalty to end U.S. Securities and Exchange Commission allegations that he improperly sought to boost shares of his company by means of planting false stories that Warren Buffett's Berkshire Hathaway had acquired a significant stake in the business.
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February 26, 2026
Proxy Preview Report Says Cos. Cautious With Exclusions
More than 70% of shareholder proposals for annual corporate meetings among Russell 3000 companies this year have proceeded to a vote, according to a new proxy season preview report, indicating early filing companies may be taking a cautious approach toward exclusions in light of regulatory shifts giving them more leeway.
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February 26, 2026
Ex-Paxful CEO Charged Over Anti-Money Laundering Failures
Federal authorities have arrested the former CEO of now-shuttered crypto exchange Paxful and accused him of willfully failing to maintain anti-money laundering policies that enabled scammers and prostitution enterprises, newly unsealed court documents show.
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February 26, 2026
Toyota Nears OK On $436M Class Deal Over Forklift Emissions
A California federal judge indicated Thursday she'll give preliminary approval to Toyota Industries Corp.'s $436 million class action settlement to resolve claims the auto giant and its subsidiaries misled tens of thousands of business buyers into thinking the emissions of its forklift and construction engines were "the cleanest" in the industry.
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February 26, 2026
DOJ, Apple Clash Over Discovery For Monopolization Case
The U.S. Department of Justice pushed back against a plan Apple pitched for discovery disputes in a monopolization suit against the company, arguing the company has sought sensitive information and asked a federal judge to fix an "'emergency' of its own making."
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February 26, 2026
How The SEC's New 'User-Friendly' Manual Provides Uniformity
The U.S. Securities and Exchange Commission's recently announced updates to its enforcement manual largely standardize common practices at the agency, but former enforcement attorneys say the changes provide transparency to the investigative process in a few key ways.
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February 26, 2026
911 Could Be Disrupted In Transition From Copper, FCC Told
Public safety communications provider Intrado Life & Safety has met with FCC officials once again to impress upon the agency the importance of putting protections in place to ensure that 911 services aren't disrupted as telecoms rush to retire copper phone lines.
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February 26, 2026
Fiserv Seeks Exit From Credit Union Security Flaws Suit
Fiserv Inc. has urged a Florida federal judge to toss a credit union's suit claiming the payment systems company has allowed its online banking platform to be "repeatedly hacked, again and again," arguing the long-running contract between itself and the credit union does not obligate Fiserv to implement the security features the credit union is now demanding.
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February 26, 2026
Texas AG, Samsung Ink Deal To End TV Data Collection Suit
Samsung agreed to strengthen its data privacy disclosures in order to resolve a lawsuit being pressed by the Texas attorney general, who accused the company of "secretly" monitoring what smart TV consumers watch and unlawfully collecting their data without permission, the parties revealed Thursday.
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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 on Thursday 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.
Expert Analysis
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US-Ukraine Reconstruction Fund Tax Exemptions Uncertain
Tax provisions in the bilateral agreement to establish the U.S.-Ukraine Reconstruction Investment Fund, which recently announced it is accepting applications, are so broad and imprecise as to leave uncertainty regarding whether and when tax exemptions will apply to investors' income, say attorneys at Avellum and Debevoise.
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Locations, Permits And Power Are Key In EV Charger Projects
To ensure the success of public electric vehicle charging infrastructure projects, developers, funders, site hosts and charge point operators must consider a range of factors, including location selection, distribution grid requirements and costs, and permitting and timeline impacts, says Levi McAllister at Morgan Lewis.
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Should Prediction Markets Allow Trading On Nonpublic Info?
Recent trading activity, such as the Polymarket wager on the U.S. capture of Venezuelan President Nicolás Maduro, has raised questions about whether some participants may be engaging in trading that is based on material nonpublic information, and highlights ongoing uncertainty about how existing derivatives and anti-fraud rules apply to event-based contracts, say economic consultants at the Brattle Group.
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NLRB May Not See Employer-Friendly Changes Anytime Soon
Despite the long-awaited confirmation of a new National Labor Relations Board general counsel and two new board members, slower case processing, the NLRB's changing priorities and an unofficial rule about a three-member majority may prevent NLRB precedent from swinging in businesses' favor this year, says Jesse Dill at Ogletree.
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FCC Satellite Co. Action Starts New Chapter For Team Telecom
The Federal Communications Commission's recent settlement with satellite company Marlink marks a modest but meaningful step forward in how the U.S. regulates foreign involvement in its telecommunications sector, proving "Team Telecom" conditions are not limited to companies with substantial foreign ownership, says attorney Sohan Dasgupta.
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Series
Trivia Competition Makes Me A Better Lawyer
Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.
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What FDA Guidance Means For Future Of Health Software
Two significant final guidance documents released by the U.S. Food and Drug Administration last month reflect a targeted effort to ease innovation friction around specific areas, including singular clinical decision support recommendations and sensor-based wearables, while maintaining established regulatory boundaries, say attorneys at Covington.
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Tips For Banks Navigating AI Benefits, Risks And Regulation
To understand how artificial intelligence affects banks and is used in the products and services they offer, they must examine use cases, efficiencies, benefits, risks, vendor management and oversight, as well as consider how regulators can use AI and are monitoring its use in banking activity, says Doug Hiatt at Fredrikson & Byron.
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State And Int'l Standards May Supplant EPA's GHG Rule
The U.S. Environmental Protection agency's recent repeal of its 2009 finding that greenhouse gases endanger public health will likely increase regulatory uncertainty, as states attempt to fill the breach with their own regulatory regimes and some companies shift focus to international climate benchmarks instead, say attorneys at ArentFox Schiff.
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Opinion
Federal Preemption In AI And Robotics Is Essential
Federal preemption offers a unified front at a decisive moment that is essential for safeguarding America's economic edge in artificial intelligence and robotics against global rivals, harnessing trillions of dollars in potential, securing high-skilled jobs through human augmentation, and defending technological sovereignty, says Steven Weisburd at Shook Hardy.
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Coinbase Ruling Outlines Litigation Committee Conflict Risks
The Delaware Court of Chancery's recent rejection in Grabski v. Andreessen of a special litigation committee's motion to terminate or settle — its first such decision in over a decade — over conflict concerns highlights why the independence of SLC counsel matters just as much as that of committee members, says Joel Fleming at Equity Litigation Group.
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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.