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Corporate
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March 19, 2026
Ex-Bank CEO Cops To $13.6M Fraud, Evading Sanctions
The former CEO of the Puerto Rico-based Nodus International Bank pled guilty Thursday to running a scheme that stole more than $13.6 million from the now-collapsed bank and evading sanctions on Venezuela.
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March 19, 2026
Meta Says IRS Defying Settled Facts In $16B Tax Fight
The IRS is refusing to agree to the truth of parts of the trial transcript and the U.S. Tax Court's opinion last year in a Facebook transfer pricing case as the social media platform's parent, Meta, disputes a $16 billion tax bill in a related case, the company told the court.
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March 19, 2026
Ex-Uber Exec Takes Data Breach Conviction To High Court
A former Uber security executive has urged the U.S. Supreme Court to review his conviction for attempting to cover up a data breach from government investigators, saying the Ninth Circuit's decision affirming his conviction entrenched a circuit split over what kind of conduct actually rises to criminal liability.
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March 19, 2026
NC Justices Shouldn't Ax Severance Fight, Ex-CEO Says
North Carolina's long-arm statute means its Business Court had jurisdiction to decide a lawsuit filed by the former CEO of a cybersecurity and IT firm over its alleged failure to buy out his equity interest as part of a severance agreement, he has argued to the state's high court in opposition to the company's appeal of a ruling keeping the case in the Tar Heel State.
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March 19, 2026
FTC Official Says 'Reverse Acquihires' Come With 'Risk'
A senior Federal Trade Commission antitrust staffer said Thursday that nothing about "reverse acquihires" should let companies think they can skirt merger scrutiny, arguing in Washington, D.C., remarks that the deals clearly amount to the acquisition of assets covered under U.S. antitrust law.
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March 19, 2026
Del. High Court Revives Banker's Pay Claims Against Firm
The Delaware Supreme Court has revived key claims brought by a former investment firm banker, ruling that a lower court went too far in blocking his case based on earlier findings that he was not a partner at the firm.
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March 19, 2026
TriZetto Wants To Expand IP Claims Against Infosys
Cognizant TriZetto Software Group has asked a Texas federal judge to allow it to amend its trade secret suit against Infosys Ltd., saying a recent discovery has revealed that Infosys' alleged misconduct "goes much deeper."
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March 19, 2026
Musk Cases, Atty Fees Draw Spotlight At Tulane Conference
Two high-profile Delaware Supreme Court decisions involving Elon Musk's Tesla, the "supersize" attorney fee bids in those cases and others, and artificial intelligence's impact on the legal industry were among the hot topics Thursday as Tulane University Law School kicked off its annual Corporate Law Institute.
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March 19, 2026
Target Hit With False Ad Suit Over 'Sustainably Caught' Tuna
Target's representations that its Good & Gather tuna products are "sustainably caught" are nothing but empty promises, as its suppliers use dangerous fishing practices that harm the marine ecosystem and kill endangered sea turtles, whales and dolphins, according to a proposed class action filed Wednesday in California federal court.
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March 19, 2026
Insurance Co. Aflac's GC Pay Jumped To $5.9M In 2025
The general counsel of Georgia-based insurance giant Aflac Inc. got a pay hike in 2025, taking home a total compensation of almost $6 million.
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March 19, 2026
Judges Scrutinize DOD's Claim Of Hesai's China Military Ties
A D.C. Circuit panel on Thursday raised serious questions about the U.S. Department of Defense's broad interpretation of a law used to designate companies as "contributors" to the Chinese military-industrial base, pressing a government attorney on the basis for finding links between Shanghai LiDAR-maker Hesai and the Chinese military.
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March 19, 2026
Restaurateurs Say Partner's Past Imperils Liquor License
The founders of a Pittsburgh restaurant say a third part-owner has jeopardized their business' liquor license by not telling them about his criminal convictions from more than a decade ago and his recent DUI arrests, and they asked a Pennsylvania state court to let them buy him out for a fraction of his original investment.
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March 19, 2026
Insurance Execs Ask 11th Circ. To Review Coverage Suit Toss
Insurance executives accused of sabotaging their former company as they prepared to start a rival firm will ask the Eleventh Circuit to review a lower court ruling that Berkley Assurance Co. did not have to pay for their defense in now-dismissed litigation filed by their ex-employer.
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March 19, 2026
Live Nation CEO Says He Can't Recall 'Market Power' Remark
Live Nation's longtime CEO sparred Thursday with states who say the $36 billion entertainment giant engages in monopolization, telling a Manhattan federal jury the business is a "better mousetrap" than rivals and saying he couldn't recall telling investors the company has "incredible market power."
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March 19, 2026
Del. Suit Targets NC Enviro Co. Charter Shielding Directors
A stockholder of a North Carolina-based environmental technology business has brought a class action in the Delaware Chancery Court seeking to invalidate a provision in the company's corporate charter that he contends unlawfully shields directors and officers from liability for certain misconduct.
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March 19, 2026
AI Musician Cops To $8M Streaming Revenue-Inflation Scam
A North Carolina man told a Manhattan federal judge Thursday that he conspired to inflate music streaming payments using an army of fake accounts and artificial-intelligence generated songs, copping to a count of conspiracy and agreeing to forfeit $8 million.
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March 18, 2026
Key Details As 3rd Circ. Ponders FCA's Fate, $1.6B J&J Fine
Third Circuit judges Wednesday explored divergent views of the False Claims Act's constitutionality and a record fraud verdict against Johnson & Johnson, expressing little eagerness to gut the FCA's whistleblower mechanism, and voicing uncertainty about evidence and jury instructions underpinning the drug promotion punishment.
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March 18, 2026
Zuckerberg, Snap CEO Likely Must Testify In School MDL Trial
A California federal judge indicated Wednesday that Meta and Snap's CEOs will likely need to testify in an upcoming school district bellwether trial in the social media addiction multidistrict litigation, and declined Meta's bid to block arbitration demands, saying, "Meta's got plenty of money, go file a motion with the arbitration panel."
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March 18, 2026
Southwest Board Beats Suit In First Texas Corporate Law Test
A Texas federal judge on Tuesday dismissed a derivative suit claiming that Southwest Airlines Co.'s board of directors breached their fiduciary duties by abandoning the airline's famous "Bags Fly Free" policy, ending a significant challenge to the state's new corporate reform law.
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March 18, 2026
'Chicken Soup' Publisher Says AI Cos. Stole Books' Soul
The publisher of the "Chicken Soup for the Soul" books has accused Google, OpenAI and other Big Tech companies in California federal court of mass copyright infringement, saying the companies downloaded pirated copies of its first-person narrative books so that their artificial intelligence systems could replicate an "authentic human voice."
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March 18, 2026
Texas Biz Court's Likely Role In Patent Fights Becoming Clear
The Texas Business Court has released its first opinion exploring when intellectual property can be used to create jurisdiction, and attorneys say the decision involving state trade secret law offers insight into when patent matters can be pursued there.
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March 18, 2026
Capital One Beats Consumer Suit Over Discover Deal, Again
Capital One has persuaded a California federal judge once again to squash a suit brought by credit card users who say that the company's $35 billion purchase of Discover is bad news for them and ought to be unwound, but the court is giving the consumers one last chance.
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March 18, 2026
LA Driver Used $2M COVID Loan For Crypto, DOJ Says
A Los Angeles man who allegedly took $2 million from federal COVID-19-related relief programs and used the money to fund cryptocurrency trading now faces money laundering, wire fraud and bank fraud charges, according to a Department of Justice announcement issued Wednesday.
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March 18, 2026
FINRA Says Compliance Chief Took Part In Pre-IPO Fraud
The Financial Industry Regulatory Authority has alleged in a disciplinary proceeding that Spartan Capital Securities LLC, its CEO and chief compliance officer defrauded customers by liquidating their own pre-initial public offering shares of a pharmaceutical company more quickly and at a higher price than their customers.
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March 18, 2026
Kyndryl Hid Cash Management Malpractice, Investor Claims
Information technology services company Kyndryl Holdings Inc. and a current and former executive were hit with a proposed shareholder class action accusing them of misleading investors with representations that the company had sufficient control over its cash management practices.
Expert Analysis
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How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs
In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.
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5 Gov't Contractor Tips Following Anthropic Risk Designation
The Pentagon's designation of Anthropic as a supply chain risk is an unprecedented action that raises significant legal questions, and with government contractors already receiving directives and inquiries concerning their use of Anthropic products and services, there are several strategies contractors can use to manage risk, say attorneys at Mayer Brown.
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6 Noteworthy Changes From SEC Enforcement Manual Update
Recent updates to the U.S. Securities and Exchange Commission’s enforcement manual represent a commitment to transparency and fair process, with the signature change being a requirement that staff make certain probative evidence available during the Wells process, say attorneys at Debevoise.
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Series
Coaching Soccer Makes Me A Better Lawyer
Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.
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How Internal Reporting Could Benefit Antitrust Whistleblowing
As the Justice Department's new antitrust whistleblower program stands to raise questions over the interaction between rewards and corporate leniency, incentivizing internal reporting first could increase the likelihood that the Antitrust Division receives the high-quality evidence needed to successfully prosecute cartel cases, says Daniel Oakes at Axinn.
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What Texas Anti-Boycott Ruling Means For ESG Landscape
A Texas federal court's recent ruling in American Sustainable Business Council v. Hegar that Texas' anti-ESG law is unconstitutional on First Amendment grounds will likely embolden legal challenges to similar laws in other states that have adopted fossil fuel boycott statutes, say attorneys at ArentFox Schiff.
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Series
Law School's Missed Lessons: The Human Element
Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.
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4 Ways To Help CBP Curb Shell Co. Import Schemes
Shifting to a proactive rather than reactive enforcement posture in addressing shell companies set up to skirt tariffs requires equipping U.S. Customs and Border Protection with enhanced investigative authorities, better intelligence support, and mechanisms to identify and hold accountable the ultimate illicit actors, say attorneys at Kelley Drye.
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How DExit, Mandatory Arbitration Could Alter IPO Outlook
As companies continue to leave Delaware and the U.S. Securities and Exchange Commission begins allowing companies to implement mandatory arbitration provisions, these developments could have a major impact on the initial public offering, securities class action, and directors and officers insurance landscapes, says Walker Newell at Arthur J. Gallagher & Co.
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Why Prediction Market Regulation Is At Major Inflection Point
As prediction markets experience tremendous growth and rapid mainstream adoption, regulators have begun to exercise enforcement authority to ensure market integrity and protect participants, though forthcoming guidance will shed light on how aggressively the agencies will police the fast-changing landscape, say attorneys at Latham.
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The Benefits Of Choosing A Niche Practice In The AI Age
As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.
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Risk Disclosure Lessons For AI Cos. From Dot-Com Era
Regulatory responses following the dot-com collapse reflected a consistent emphasis on whether public disclosures enabled investors to understand the economic reality underlying reported performance, a focus that is likely to shape how artificial intelligence infrastructure disclosures are evaluated if market expectations similarly deteriorate, say Diana Connor, Adrienna Huffman and Bin Zhou at the Brattle Group.
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Section 122 Tariffs Show Shift In Strategy, Not Trade Policy
By imposing temporary tariffs under Section 122 of the Trade Act as a stopgap measure while it pivots to less transitory statutory authorities, the Trump administration sent a clear message that the U.S. Supreme Court’s decision in Learning Resources v. Trump, invalidating duties imposed under the International Emergency Economic Powers Act, will not precipitate a change in policy direction, say attorneys at Snell & Wilmer.
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Series
Podcasting Makes Me A Better Lawyer
Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.
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AG Watch: Ohio Targets DEI Policies
As Ohio Attorney General Dave Yost seeks to eliminate diversity, equity and inclusion programs in both public education institutions and private companies, Ohio entities must carefully navigate this constantly evolving, highly contentious topic to avoid litigation while also not forfeiting their core principles, say attorneys at BakerHostetler.