Compliance

  • June 12, 2026

    Jane Street Used Tips To Dodge Losses, Terraform Says

    The administrator for bankrupt cryptocurrency company Terraform Labs has urged a New York federal court not to dismiss his suit against trading firm Jane Street over claims the firm used confidential information to profit from Terraform's collapse, arguing that it is liable as an insider and a tippee.

  • June 12, 2026

    IRS Must Revisit Whistleblower Award Denial, DC Circ. Rules

    The D.C. Circuit said Friday that the Internal Revenue Service must reconsider a whistleblower's claim that her information helped the agency collect taxes on more than $31 million in corporate income, reversing a U.S. Tax Court ruling that sided with the IRS.

  • June 12, 2026

    ACLU Of Pa. Sues DHS, CBP Over Probe Into Online Critics

    The American Civil Liberties Union of Pennsylvania sued U.S. Customs and Border Protection and the U.S. Department of Homeland Security in Pennsylvania federal court on Friday, saying they failed to respond to a records request seeking copies of subpoenas for the identities of anonymous social media users who criticized the agencies.

  • June 12, 2026

    CFTC Secures Trading Ban Against Celsius' Mashinsky

    A New York federal judge Friday signed off on a consent order that would resolve the U.S. Commodity Futures Trading Commission's claims against Alexander Mashinsky, founder and former CEO of the now-defunct Celsius Network, and permanently bar him from trading commodities or running another commodity business.

  • June 12, 2026

    DC Judge Refuses To Wipe DOJ's Powell Subpoena Loss

    A D.C. federal judge has rejected a bid by federal prosecutors to erase their loss earlier this year in a now-closed fight over subpoenas tied to former Federal Reserve Chair Jerome Powell, leaving in place a decision that had blocked those subpoenas as improper.

  • June 12, 2026

    OpenAI, Google Workers Back Anthropic In DOD Usage Feud

    Employees of Google and OpenAI employees told a California federal court that autonomous lethal weapons systems used without human oversight pose several risks, backing rival artificial intelligence company Anthropic's bid to show the government acted arbitrarily in determining Anthropic posed national security risks.

  • June 12, 2026

    CFTC Sues New Mexico Over Prediction Market Enforcement

    The legal feud between federal and state regulators over sports-related prediction market offerings expanded Friday as New Mexico became the eighth state to be sued by the U.S. Commodity Futures Trading Commission for treating those contracts as illegal gambling.

  • June 12, 2026

    Challenge To 'Troubling' EEOC Trans Bias Shift Dismissed

    A Maryland federal judge tossed a suit Friday from an LGBTQ+ advocacy group challenging the U.S. Equal Employment Opportunity Commission's decision to step back from investigating bias charges from transgender workers, saying the pivot was "deeply troubling" but out of the court's hands.

  • June 12, 2026

    Insider Trading Defense May Draw On 'Varsity Blues' Playbook

    After enlisting a crew of experienced attorneys, defendants charged in an insider trading case allegedly involving deal information stolen from huge law firms are preparing to use a strategy that could take some cues from the "Varsity Blues" case in the same Boston courthouse.

  • June 12, 2026

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Elon Musk and SpaceX's legal team blasted off today with the largest IPO in history, with shares priced at $150 each at opening before briefly topping $176. And a new study shows investors have approved 11 of 17 companies' requests to move their incorporation from Delaware to Texas so far this proxy season.

  • June 12, 2026

    Texas Court Urged To Keep Judge Romance Suit Alive

    In multiple filings, EJS Investment Holdings LLC has asked a Texas federal judge to reject attempts by former U.S. Bankruptcy Judge David Jones and other parties to dismiss its proposed class action over his secret romance with a former Jackson Walker LLP partner.

  • June 12, 2026

    Texas AG Warns Big 12 Against Texas Tech Boycott

    As the Big 12 considers sanctioning Texas Tech University following a court order permitting quarterback Brendan Sorsby to play football despite admitting to sports betting, it faces threats of legal action from both the quarterback's attorneys and the state attorney general.

  • June 12, 2026

    Texas Justices Say Pro Se Attys Can Contact Opposing Party

    The Texas Supreme Court on Friday found in favor of a pro se attorney who contacted the opposing party, saying the normal rules don't apply to attorneys who represent themselves.

  • June 12, 2026

    Trader Admits Fib To SEC, Avoids $600M Fraud Trial

    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.

  • June 11, 2026

    FDIC Urged To Align Stablecoin Rules With Other Regulators

    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.

  • June 11, 2026

    Tech Group Urges High Court To Block Texas App Store Law

    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.

  • June 11, 2026

    Ed. Dept. Tries New Tack To Scrap K-12 Mental Health Grants

    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.

  • June 11, 2026

    Texas Biz Court Lets Southwest Pilots Redo Boeing Claims

    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.

  • June 11, 2026

    Bank, Crypto Groups Seek Limits In Stablecoin AML Regs

    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.

  • June 11, 2026

    NJ Policyholders Face Unique PFAS Risks, Coverage Relief

    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.

  • June 11, 2026

    FCC Says Telecom Filed Fake Doc To Get Phone Numbers

    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.

  • June 11, 2026

    SEC Says PE Fund Hiding Info In Sealed Monitor Reports

    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.

  • June 11, 2026

    Sports Prediction Co. Wins CFTC OK To Launch Event Market

    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.

  • June 11, 2026

    Ex-Bank Chief Admits Role In Odebrecht Tax Evasion Plot

    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. 

  • June 11, 2026

    Altria Can't Halt ITC Patent Case It Calls Unconstitutional

    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.

Expert Analysis

  • Using Past Tech Transitions As A Lens For Calif. Worker AI Bill

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    Examining previous workplace automation battles reveals the goals of a California bill that would impose obligations on employers for layoffs and hiring cessations caused by artificial intelligence, and illustrates where it may prove difficult to administer and how to prepare for its enactment, say attorneys at Skadden.

  • 3 Misconceptions About Justices' FCC Fines Ruling

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    The U.S. Supreme Court's June 4 Federal Communications Commission v. AT&T decision rejecting AT&T’s and Verizon’s argument that the commission's forfeiture process violates the Seventh Amendment has yielded three common reactions that misunderstand the decision as a matter of law and how the FCC actually operates, says Samuel Feder at Jenner & Block.

  • How A Founder's AI Pitch Deck Can Become A Crime Scene

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    As recent indictments and prosecutions against tech executives illustrate, AI washing is a criminal enforcement priority, not a regulatory formality, highlighting the importance of ensuring that founders don't overstate what their artificial intelligence does, particularly in the initial pitch deck to investors, says attorney Alan Walter.

  • How Hantavirus May Expand Cruise Ship Liability Concerns

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    In an incident like the recent hantavirus outbreak aboard a cruise ship, application of maritime negligence principles may expand beyond environmental exposure considerations to encompass how operators identify, respond to and manage emerging infectious disease risks in real time, says Eric Shane at Leesfield & Partners.

  • SEC Disgorged Fund Distribution Is Next Query After Sripetch

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    Following the Supreme Court's Sripetch v. U.S. Securities and Exchange Commission decision, investor harm isn't required for the SEC to obtain a disgorgement award, but future cases must resolve whether the commission will be freed from a requirement to distribute disgorged funds to the victims of alleged misconduct, says Daniel Walfish at Katsky Korins.

  • Direct Fed Payment Access Finally In Sight For Fintechs

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    A recent executive order and a Federal Reserve proposal could finally allow direct payment system access for fintechs and other nonbanks, potentially reducing reliance on sponsor banks and reshaping competition, as well as prompting organizations to reassess partnership strategies as litigation and rulemaking unfold, say attorneys at Freshfields.

  • How FCA, FCPA Risks Are Shifting As Feds Pull Back

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    As the federal government continues its retreat from white collar enforcement, companies should expect False Claims Act risk to grow through private whistleblower suits and Foreign Corrupt Practices Act scrutiny to shift toward foreign prosecutors, requiring more adaptability as accountability becomes less centralized, says Temidayo Aganga-Williams at Selendy Gay.

  • If Upheld, Wash. Millionaire Tax Could Upend State Law

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    The Washington Supreme Court could open the door to broader income, rental and corporate taxes if it defies precedent and the historically established desires of voters by redefining the state constitution's concepts of “income” and “property” to uphold a new tax on wages over $1 million, says Richard Birmingham at Davis Wright.

  • 3 New Pay Transparency State Laws Raise Compliance Risks

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    Wage transparency measures taking effect in Delaware, Maine and New Jersey add a layer of complexity to the hiring landscape and highlight the need for employers to develop thorough compliance strategies while navigating the laws' ambiguities, say attorneys at Foley & Lardner.

  • New State AI Laws Create Dual Misrepresentation Risk

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    As artificial intelligence transparency laws are enacted across the country and the volume and specificity of compliance records increase, companies will be required to speak more often, more precisely and to more audiences about the same systems, compounding the risk of litigation, say attorneys at Cooley.

  • Series

    Cow Horse Makes Me A Better Lawyer

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    Moving an unwilling 800-pound cow while riding a horse at high speed is exhilarating, a little unhinged and, at least for me, a surprisingly effective training ground for litigation — both demand focus, preparation over rigid planning and the willingness to act despite fear, says Ashley Zitrin at Glenn Agre.

  • Fla. Driver Ruling Shows Renewed Focus On Privacy Standing

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    A Florida federal court's recent dismissal of a class action alleging that private driving records had been improperly used in violation of the Driver's Privacy Protection Act suggests that companies defending against privacy class actions in Florida may reconsider Article III challenges at the dismissal stage, say attorneys at Sidley.

  • Unpacking The Take It Down Act's Compliance Ambiguities

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    The Federal Trade Commission’s recent guidance concerning the Take It Down Act suggests that covered platforms should build removal systems immediately and prioritize compliance, but until courts or regulators provide additional clarity, companies will be navigating a statutory framework that is urgent and uncertain, says Laura-Kate Bernstein at ZwillGen.

  • NY's UCC Updates Spell Change In Digital Asset Lending

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    Given the state’s role as a preferred jurisdiction for financing transactions, New York’s recent enactment of Uniform Commercial Code amendments, which establish control as a central concept for determining who has rights to a digital asset, will encourage nationwide growth toward a more technology-neutral approach to secured transactions, say attorneys at Manatt.

  • What Prop 65 Listings For Welding Fumes, Drugs Mean For Cos.

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    With California poised to add welding chemicals and three medications to its list of known carcinogens under Proposition 65, businesses must assess risks from nontraditional pharmaceutical dispensing, occupational and environmental exposures to welding operations, and downstream exposures from the manufacture of both types of substances, says Gregory Berlin at Alston & Bird.

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