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June 12, 2026
A former California investment executive told a Manhattan federal judge Friday that he lied to the U.S. Securities and Exchange Commission, copping to a lesser count of obstruction after prosecutors initially charged him with a $600 million "cherry-picking" fraud.
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June 11, 2026
Banks and fintechs alike urged the Federal Deposit Insurance Corp. to iron out differences between its proposed standards for stablecoin issuers and those floated by the Office of the Comptroller of the Currency, though the industries continued to battle over crypto firms' ability to offer interest to stablecoin holders.
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June 11, 2026
The Computer & Communications Industry Association on Thursday asked the U.S. Supreme Court to vacate a recent Fifth Circuit ruling permitting Texas to move forward with a law requiring app store owners to verify users' ages, arguing the law is unconstitutional and overly burdensome for its members.
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June 11, 2026
The U.S. Department of Education pressed ahead with its plan to end up to a billion dollars in school mental health grants, arguing Wednesday that a Seattle federal judge's December 2025 injunction barring the discontinuation of the grants shouldn't block the government from canceling the contracts outright.
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June 11, 2026
A Texas business court judge said the Southwest Airlines pilots union could continue its suit against The Boeing Co. for alleged economic losses resulting from the grounding of the 737 Max aircraft, but told the union it would have to better articulate the harm Boeing caused.
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June 11, 2026
Industry groups and firms in the financial and crypto sectors have called for further clarification, flexibility and safe harbors in rules recently proposed by regulators with the U.S. Department of the Treasury for implementing the anti-money laundering and sanctions compliance program requirements of the federal stablecoin framework known as the Genius Act.
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June 11, 2026
New Jersey companies facing claims over their use of what are commonly known as forever chemicals face an increasingly challenging litigation environment as well as unique opportunities for covering claims and remediation costs.
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June 11, 2026
A telecom filed a fake Federal Communications Commission document with the North American Numbering Plan in a bid to gain access to phone numbers, and the agency is ready to block that company's traffic unless it has a good explanation.
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June 11, 2026
The U.S. Securities and Exchange Commission asked a Florida federal court on Wednesday to unseal reports by a court-appointed monitor of a private equity firm accused of defrauding investors in a $1 billion fund, arguing that the firm is abusing a sealing order to hide information from investors.
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June 11, 2026
Sports prediction company ProphetX on Thursday received approval from the U.S. Commodity Futures Trading Commission to register as a federally regulated prediction market exchange focused on sports-based event contracts, becoming the first American sports-native, direct-clearing prediction market to launch and operate in full compliance with federal law.
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June 11, 2026
The former CEO of Austrian lender Meinl Bank AG on Thursday pled guilty in Brooklyn federal court after a yearslong fight over accusations he helped Odebrecht SA hide $170 million in funds used to bribe officials around the world and defraud the Brazilian government out of more than $100 million in taxes.
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June 11, 2026
A Virginia federal judge on Thursday denied Altria's motion for a preliminary injunction blocking a U.S. International Trade Commission vaping patent suit against it by Juul, ruling that Altria is unlikely to succeed in its arguments that ITC patent proceedings are unconstitutional.
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June 11, 2026
Senate Banking Committee Democrats are warning the White House not to put another Republican on the U.S. Securities and Exchange Commission without also naming a Democrat, saying it would violate a federal mandate for partisan balance.
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June 11, 2026
Shell Oil told a Connecticut federal judge Wednesday an environmental advocacy group can't delay turning over artificial intelligence prompts its expert witness might've used to craft her opinions in their Clean Water Act dispute and the generated outputs, arguing that "AI is not entitled to any special, unwritten discovery rules."
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June 11, 2026
Eversource Energy and Avangrid units were named Thursday in a Federal Energy Regulatory Commission complaint by three Connecticut agencies plus the state attorney general, alleging in-state ratepayers are incorrectly being charged millions for the utilities' once-voluntary participation in a regional transmission grid.
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June 11, 2026
The Federal Communications Commission should ignore a request to rethink its rejection of a plan that would bring sweeping changes to the "Big LEO" satellite rules, an American satellite telecom is telling the agency.
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June 11, 2026
An ex-Medivation Inc. executive urged the Ninth Circuit on Thursday to scrap a jury verdict finding him liable in the U.S. Securities and Exchange Commission's first-ever "shadow trading" case, arguing the company's own policies permitted the trades and affirming the verdict will allow companies to adopt vague trading policies.
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June 11, 2026
The U.S. Commodity Futures Trading Commission is looking to amend its whistleblower rules to align with those of the U.S. Securities and Exchange Commission and to establish an immediate minimum 30% payout for whistleblower awards of $5 million or less.
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June 11, 2026
Patients who have accused hospital operator Health First of illegally fending off competition by preventing doctors from referring patients to rivals have convinced a Florida federal judge to put their lawsuit on hold while they challenge her decision to deny them class certification.
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June 11, 2026
A South Carolina federal judge said Thursday that the Trump administration unlawfully terminated a $2.8 billion environmental and climate justice grant funding program that was authorized by Congress in 2022's Inflation Reduction Act.
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June 11, 2026
The U.S. Securities and Exchange Commission on Thursday proposed rescinding its rule preventing exchanges from executing trades at lower prices than the best displayed price available on other exchanges, with SEC Chairman Paul Atkins calling the measure "a grave misstep."
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June 11, 2026
The Fifth Circuit once again struck down the Horseracing Integrity and Safety Authority's enforcement power over nationwide thoroughbred racing Thursday, holding that the U.S. Supreme Court's ruling last year in FCC v. Consumers' Research doesn't upend the circuit court's previous decision on the issue.
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June 11, 2026
A state court decision allowing Texas Tech quarterback Brendan Sorsby to continue playing despite his confession to sports betting has exposed a vulnerability for the NCAA, with courts outstripping the association in setting rules for college sports.
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June 11, 2026
A Washington, D.C., federal judge struggled to find a reason for plaintiffs challenging the Trump administration's shutdown of the Digital Equity Act's Competitive Grant Program to get discovery in their lawsuit, suggesting the question of the program's constitutionality appeared to be a purely legal question, as the government suggested.
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June 11, 2026
Anthropic PBC told a California federal judge Wednesday that the Trump administration has been "remarkably transparent" about its "campaign of retaliation," in a bid to win its lawsuit challenging the Pentagon's designation of the company as a supply chain risk to national security.