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Corporate
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April 23, 2026
5-Hour Energy Founder Blasts Fired Exec's Severance Claims
Billionaire energy drink mogul Manoj Bhargava told a Manhattan federal jury Thursday that he fired an executive from a publishing business he bought because the executive helped run it "into the ground" — pushing back against the man's severance claims.
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April 23, 2026
Jones Day Adds Labor Attorney From McDermott In SF
Jones Day has added a former McDermott Will & Schulte partner who advises leading companies on a wide range of labor and employment matters as a partner in its labor and employment practice in its San Francisco office, the firm has announced.
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April 23, 2026
OpenAI Barred From Using 'IO' As TM In Dispute With IYO
A California federal judge on Thursday prohibited OpenAI from using "IO" as a trademark for AI hardware, finding that the branding is likely to be confused with startup IYO Inc.
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April 23, 2026
Meta Defends Toss Of Consumer Antitrust Case At 9th Circ.
Meta told the Ninth Circuit a lower court was right to find no support for an expert's theory that Facebook would have paid users $5 a month for using the service if it didn't misrepresent its privacy and data practices.
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April 22, 2026
House GOP Again Pushes Data Privacy Bill To Override States
House Republicans on Wednesday took their latest crack at establishing a cohesive nationwide data privacy framework, floating legislation that would give consumers more control over their personal information while preempting a growing patchwork of state laws, although early criticisms indicate that the issues that have long stymied these efforts persist.
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April 22, 2026
Florida Co. Accused Of $91M Fake Obamacare Scheme
The Federal Trade Commission accused a Florida company and its executives of operating a nationwide scheme selling fake Obamacare plans, alleging in a federal lawsuit unsealed Wednesday that they made at least $91 million by tricking people into purchasing fraudulent health benefits packages.
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April 22, 2026
Anthropic Slams Hegseth's Security Risk Label At DC Circ.
Anthropic Wednesday asked the D.C. Circuit to overturn the U.S. Department of Defense's action branding it a supply chain risk, saying the decision was retaliation for the artificial intelligence company's refusal to provide the Trump administration with technology for mass domestic surveillance or fully autonomous weapons.
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April 22, 2026
Pal Of Ex-Beneficient CEO Aided Fraud Cover-Up, Jury Hears
A childhood friend of the founder and former CEO of Dallas-based financial services firm Beneficient on Wednesday told a Manhattan federal jury that he fabricated email correspondence and signed documents misstating his time as head of what prosecutors say was a shell company used to pull off a $100 million fraud.
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April 22, 2026
Delta Pilots Fail To Get Military Bias Suit Off The Ground
The Eleventh Circuit on Wednesday affirmed a lower court's decision tossing former Delta Air Lines Inc. pilots' claims that they were forced out of their jobs for taking military leave, ruling the pilots would have been forced out anyway for abusing their sick leave.
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April 22, 2026
Messner Reeves Accused Of $8.3M Trust Account Fraud
Colorado law firm Messner Reeves LLP was hit with a lawsuit Tuesday in federal court from five businesses claiming it stole more than $8 million from them in a fraudulent loan scheme involving a now-defunct sports arena and hotel project in Las Vegas.
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April 22, 2026
'Cheap' Judge Tentatively Trims Fees But OKs $65M Snap Deal
A California federal judge who previously described himself to the parties as "cheap" may have lived up to the descriptor Wednesday by tentatively granting final approval to Snap's $65 million securities settlement while indicating he'd likely give a 5% "haircut" to the investor plaintiffs' requested attorney fees.
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April 22, 2026
Music Cos. Drop Verizon Copyright Suit After Cox Decision
Music companies that accused Verizon Communications Inc. of profiting from its customers' online piracy told a New York federal court on Wednesday that they were dropping their case, which had been paused while the U.S. Supreme Court considered similar claims against another internet service provider, Cox Communications.
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April 22, 2026
Key Tronic, SEC Settle Over Inventory Mismanagement Claims
Key Tronic Corp. and two of its executives reached a settlement with the U.S. Securities and Exchange Commission over claims one of the manufacturer's facilities in Minnesota engaged in improper expense management and that the executives responded incorrectly to an internal complaint about the facility.
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April 22, 2026
Full Fed. Circ. Passes On Sarepta's Patent Rehearing Bid
The full Federal Circuit on Wednesday rejected Sarepta Therapeutics Inc.'s bid for a rehearing after a panel's decision revived a University of Pennsylvania gene therapy patent that is licensed by clinical-stage biotechnology company Regenxbio Inc.
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April 22, 2026
StoneTurn Hires Ex-SEC Enforcement Accountant As Partner
StoneTurn announced Wednesday that it has hired a new partner with 15 years of experience at the U.S. Securities and Exchange Commission, including as a forensic accountant in the agency's enforcement division.
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April 22, 2026
Tennis Org. Says WTA Broke Bylaw To Try To Remove Rep
The International Tennis Federation has accused the Women's Tennis Association of trying to remove its representative from the WTA board of directors without the representative's approval, according to a suit in New York federal court.
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April 22, 2026
Google Loses Bid For Yelp R&D Info In Antitrust Defense
A California federal judge overseeing Yelp's lawsuit claiming Google monopolizes the local search market said Wednesday that Google's demand for documents regarding Yelp's research and development investments was too broad and that Yelp's "objections on relevance and proportionality are meritorious."
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April 22, 2026
7th Circ. Revives $300M Hyatt Rewards Tax Dispute
The U.S. Tax Court relied on an incomplete analysis when it sided with the IRS and held that nearly $300 million in revenue from Hyatt Hotels' loyalty rewards program fund should be treated as taxable income, the Seventh Circuit held Wednesday.
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April 22, 2026
Judge Lets AI Copyright Claims Against Databricks Proceed
A California federal judge has denied a bid from software and artificial intelligence firms Databricks and Mosaic ML to escape authors' allegations that their works were used to train large language models, saying the proposed class of writers had asserted a sufficient complaint.
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April 22, 2026
Tesla Wants Out Of Investor Suit Over Its Self-Driving Goals
Automaker Tesla Inc. seeks to shed a proposed investor class action alleging the company overstated its success developing autonomous driving technology, arguing that it had already defeated "nearly identical allegations" in a California federal court and before the Ninth Circuit.
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April 22, 2026
AIM Spars Over $10M Fee, Board Fight In Del. Supreme Court
Investor AIM Ventura Capital Fund LLC and Gabb Wireless founder Stephen Dalby clashed Wednesday before the Delaware Supreme Court over whether a lower court wrongly denied a contract remedy and imposed a multimillion-dollar fee award in a bitter governance dispute.
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April 22, 2026
Stoel Rives Hires Transactional Partner In Seattle Office
Stoel Rives LLP has hired a Seattle-based partner with a transactional practice advising on corporate, investment and real estate matters.
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April 22, 2026
Oklahoma Sports Betting Bill Wins Thunder, Tribal Backing
Two Republican lawmakers in Oklahoma have amended a version of a bill to legalize sports betting in the state with the backing of the Oklahoma City Thunder that will allow wagers to be placed through platforms operated in partnership with the state's tribal nations.
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April 22, 2026
SolarEdge Inks $55M Investor Deal Over Europe Sales Claims
A group of SolarEdge Technologies Inc. investors have asked a New York federal judge to approve a $55 million preliminary settlement they reached with the company and two of its top executives, saying it would be a "highly favorable resolution" of their claims that the company misrepresented the demand for solar energy products in Europe.
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April 22, 2026
Womble Bond Hires Ex-White & Case RE Atty For Partner Role
Womble Bond Dickinson has hired a former White & Case LLP partner who specializes in real estate financing and private capital market deals for a partner role in its New York City office, the firm recently announced.
Expert Analysis
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Mortgage EO Casts Wide Net In Push To Ease Lending Rules
A recent executive order targeting mortgage credit access states an intent to promote competition among all types of lenders and is notable for its breadth, resetting regulatory expectations in a number of areas including origination, digitization and licensing, says Kara Ward at Baker Donelson.
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Opinion
Judicial Restraint Anchors Constitutional Order
Contrasting opinions in two recent U.S. Supreme Court rulings — Trump v. CASA and Bost v. Illinois State Board of Elections — demonstrate how the judiciary’s constitutionally entrusted role can easily be preserved or disrupted, and invite renewed attention to the enduring importance of judicial restraint, says Ninth Circuit Judge J. Clifford Wallace.
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'Made In America' Rules Raise Stakes For Gov't Contractors
The convergence of widely varying "buy American" requirements, increased enforcement efforts and continuing regulatory attempts to limit foreign sourcing suggests that government contractors should carefully review their supply chain and country-of-origin compliance to remain competitive, say attorneys at Arnold & Porter.
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How 2nd Circ. Gave Loper Bright Real Force In SEC Cases
The Second Circuit's recent decision in U.S. Securities and Exchange Commission v. Amah offers one of the first clear indications of how courts will operationalize Loper Bright, signaling that long-standing SEC enforcement theories resting on ambiguous definitional provisions are now subject to more rigorous judicial scrutiny, say attorneys at Morgan Lewis.
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Series
Alpine Skiing Makes Me A Better Lawyer
Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.
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Weighing The Practical Implications Of SC Kids' Privacy Law
South Carolina's recently enacted Age-Appropriate Code Design Act includes a unique provision: a private right of action for certain violations, but its practical effect remains uncertain, as courts and litigants grapple with complex questions of standing, causation and the definition of actionable harm, say attorneys at K&L Gates.
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Series
NY Banking Brief: All The Notable Legal Updates In Q1
In the first quarter of 2026, New York's banking developments were headlined by initiatives to expand oversight of financial institutions and strengthen consumer protection laws, including a new framework for buy now, pay later lenders, a sweeping debt collection rule and a revised corporate self-disclosure program for financial crimes, say attorneys at Proskauer.
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Legal Theories In Social Media Verdicts Hold Clues On Impact
Although the two verdicts in cases in New Mexico and California involving Meta and Google are being lumped together, they rest on fundamentally different legal theories, and that distinction determines how their effects may be felt in other jurisdictions, says Mark Morgan at Day Pitney.
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AI Recruiting Suit Shows Old Laws May Implicate New Tools
The Fair Credit Reporting Act allegations recently filed in Kistler v. Eightfold AI, are the latest example of broad definitional language in legacy statutes proving far more dangerous to companies deploying artificial intelligence – particularly in hiring – than any purpose-built artificial intelligence regulation, say attorneys at Ogletree.
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2 Rulings Poke Holes In Mandatory Restitution Framework
The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.
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What Voluntary Calif. Carbon Reports Show About Compliance
While the enforcement of California's S.B. 261 is currently paused due to a Ninth Circuit injunction, more than 130 companies have nonetheless chosen to voluntarily publish climate-related financial risk disclosures, providing a useful snapshot of how the market is interpreting the law's requirements in practice, say attorneys at DLA Piper.
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What A Court Doc Audit Reveals About Erroneous Filings
My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.
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How SEC And CFTC Are Attempting To End Their 'Turf War'
Through coordinated examinations and a shared aim to end duplicative regulation, the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission's recent memorandum of understanding could represent a significant shift in the regulatory landscape for market participants subject to the jurisdiction of both agencies, say attorneys at Jenner.
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How Justices' GEO Ruling Resets Gov't Contractor Litigation
The U.S. Supreme Court’s recent GEO Group v. Menocal decision, holding that government contractors cannot immediately exit cases via interlocutory appeals, may increase litigation costs, strengthen plaintiffs' leverage in settlement negotiations and dampen the government's ability to attract bids on high-risk or sensitive projects, say attorneys at Wiley.
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FTC Focus: Growing Emphasis On Competition In AI
The Federal Trade Commission's leadership has continued to highlight that competitive risks in artificial intelligence markets may arise at multiple levels simultaneously, considering not only who controls the resources necessary to build AI systems, but also how those systems function and yield outputs, say attorneys at Proskauer.