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April 15, 2026
Drugmaker Aquestive's Brass Sued Over FDA Setback
Executives and directors of pharmaceutical company Aquestive Therapeutics Inc. were hit with a shareholder's derivative suit Wednesday accusing them of ignoring deficiencies in a research study for Aquestive's allergic reaction treatment, which eventually prompted the U.S. Food and Drug Administration to reject the company's new drug application.
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April 15, 2026
Texas Can't Revive Anti-ESG Law While Appeal Plays Out
A Texas federal judge refused to pause an injunction pending appeal on a state law restricting state investments in businesses that aim to reduce their reliance on fossil fuels, finding the law's language clearly intends to disfavor groups with certain viewpoints and is unlikely to survive appeal.
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April 15, 2026
Judge Ices Calif. Climate Suit As Justices Mull Boulder Case
A California state court judge has put on hold coordinated climate litigation that state and local governments have filed against oil and gas companies while the U.S. Supreme Court considers a similar case brought by the city and county of Boulder, Colorado.
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April 15, 2026
Payments Co., Owner 'Sabotaged' $175M Sale, Crypto Biz Says
A cryptocurrency wallet platform seeks to enforce its $175 million deal to purchase a global payments company, accusing the company and its owner of "a blatant, reckless, and improper campaign" to keep the sale from closing.
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April 15, 2026
737 Max Families Ask Full 5th Circ. To Weigh DOJ-Boeing Deal
Families of 737 Max 8 crash victims have asked the full Fifth Circuit to review a panel's recent decision accepting the U.S. Department of Justice's refusal to criminally prosecute Boeing for allegedly conspiring to defraud safety regulators, saying it allows corporate defendants to game the courts through a "mootness" loophole.
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April 15, 2026
Chancery Trims Liberty Media SiriusXM Deal Suit
The Delaware Chancery Court has partially trimmed a stockholder challenge to Liberty Media Corp.'s restructuring of its Sirius XM Holdings Inc. stake, dismissing claims against a special committee while allowing others to proceed against directors accused of favoring the company's controller.
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April 15, 2026
Mexican Businessman Cleared In Texas Pemex Bribes Case
A Texas federal judge has acquitted a Mexican businessman living in the U.S. whom a jury convicted of bribing foreign officials to secure business from Mexico's state-owned oil company, saying prosecutors didn't provide the translators who interpreted evidence at trial for cross-examination.
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April 15, 2026
Cvent Investors Reach $12M Deal To End Take-Private Suit
Stockholders of cloud-based event management technology provider Cvent Holding Corp. have reached a $12 million settlement with the company, its top brass and its controlling shareholder over claims that they breached their fiduciary duties in connection with the company's $4.6 billion take-private sale to affiliates of Blackstone Inc.
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April 15, 2026
Chamber Backs 9th Circ. Rehearing Of Funko Investor Suit
The U.S. Chamber of Commerce is backing Funko Inc.'s call for Ninth Circuit to rehear an investor dispute over the toy-maker's write-down of excessive inventory, arguing that the court's decision to revive the lawsuit "degrades a critical firewall against abusive litigation."
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April 15, 2026
What To Know About DOL's Benefits Enforcement Update
The U.S. Department of Labor's employee benefits arm recently issued updated enforcement guidance that highlighted the agency's goal of shifting to focus more on breaches of the fiduciary duty of loyalty under federal benefits law. Here are three things experts said stood out about the DOL's update.
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April 15, 2026
Antitrust Suit Targets CoStar Noncompetes, Cross-Post Limits
CoStar Group faces a lawsuit in Virginia federal court alleging that the real estate information service has for years sought to prevent cross-listings by customers and shut out would-be competitors through acquisitions and noncompete deals with large brokerages, in what plaintiffs' counsel claims is the first such antitrust class action against the company.
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April 15, 2026
DOL's Warning For Proxy Advisers Acts On A Trump Order
The U.S. Department of Labor's employee benefits division cautioned Wednesday that proxy advisory firms may be providing advice that could make them fiduciaries under federal law, following through on a directive that President Donald Trump issued in December.
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April 15, 2026
Mortgage Co. Says Vets' Fraud Scheme Claims Distort Truth
Veterans United Home Loans told a Missouri federal judge that a proposed class action alleging the company directs veterans toward expensive mortgages fails to show the homebuyers were prevented from considering other lending options and uses altered images to exaggerate claims the company's website is misleading.
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April 15, 2026
Judge Limits Evidence In Revived Deloitte Trade Secret Case
A West Virginia federal judge has narrowed the evidence prosecutors can present at trial in a revived trade secret case against two former Deloitte employees, curtailing use of an internal investigative report from the company they joined and restricting how "trade secrets" may be used to describe allegedly confidential materials.
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April 15, 2026
UBS Must Reveal Atty Comms In Ex-Trader's $400M Libor Suit
A Connecticut state judge has ordered UBS AG to hand some communications with its lawyers and prosecutors in U.S. and U.K. criminal cases to former trader Tom Hayes, whose $400 million lawsuit claims he was made a scapegoat to shield senior bank executives from Libor-rigging allegations.
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April 15, 2026
Jury Finds Live Nation Monopolized Concert Ticketing
Live Nation and its Ticketmaster subsidiary harmed competition in the live entertainment sector by willfully monopolizing ticketing services to major concert venues and unlawfully tying artists' use of large amphitheaters to Live Nation's promotional services, a Manhattan federal jury found on Wednesday.
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April 15, 2026
Willkie Adds O'Melveny Litigator To Los Angeles Office
Willkie Farr & Gallagher LLP expanded its Los Angeles office with the recent addition of a litigator who moved her practice after nearly 15 years with O'Melveny & Myers LLP.
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April 15, 2026
White & Case Hires Reed Smith M&A Partner In DC
White & Case LLP has hired a former Reed Smith LLP partner, who is joining the team in Washington, D.C., to continue her practice focused on mergers and acquisitions matters.
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April 15, 2026
Leo Says Missteps Sank $50M SpaceX Investment In Appeal
The Delaware Supreme Court on Wednesday grappled with whether a fund manager's handling of a failed $50 million SpaceX investment crossed the line into fiduciary misconduct, as attorneys for both sides clashed over causation, fairness and a controversial $16 million fee award stemming from the dispute.
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April 15, 2026
Biopharma Co. Says Ex-Worker Used Files To Build AI Rival
A biopharmaceutical consulting firm's ex-contractor illegally downloaded thousands of proprietary internal files and emails that he then used to launch a rival company powered by artificial intelligence, the firm claimed in a lawsuit, alleging that the former contractor violated federal trade secrets law.
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April 14, 2026
NAACP Sues Musk's XAI Over Data Center Pollution In Miss.
The NAACP sued Elon Musk's artificial intelligence company, xAI, Tuesday in Mississippi federal court over a Memphis, Tennessee-area gas power plant powering its data center, claiming it failed to secure permits for the plant, which emits "dangerous pollutants" affecting communities with "significant Black populations."
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April 14, 2026
American Flag Seller Settles FTC's False 'Made In USA' Claims
The Federal Trade Commission announced Tuesday that it has reached settlements with three businesses, including a company that sells American flags and other patriotic products, over claims that they falsely advertised and labeled products as "Made in the USA."
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April 14, 2026
Alphabet Investors Near Class Cert. In Google Probe Case
A California federal judge on Tuesday indicated she was leaning toward granting class certification for Alphabet Inc. investors in a suit against the Google parent company over an allegedly false statement CEO Sundar Pichai made to Congress in 2020 about the fairness of ad auctions.
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April 14, 2026
AI Security Co. Investors Seek 1st OK For $15M Settlement
Investors in Evolv Technologies Holdings Inc. seek an initial nod for a $15 million deal to settle proposed class action claims that the company overstated the effectiveness of its flagship artificial intelligence-powered weapon detection service and improperly recognized millions in revenue from unpaid trial deals with customers.
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April 14, 2026
Pomerantz To Lead Chinese Logistics Co. Investor Suit
Attorneys from Pomerantz LLP will lead a proposed class action alleging the share prices of China-based Jayud Global Logistics Ltd. were artificially inflated through fake social media posts hyping the company before suddenly collapsing by 95% in one day.
Expert Analysis
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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.
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What's Missing From Latest Gov't Claims Against Harvard
The most interesting thing about the Trump administration’s recent civil rights enforcement efforts targeting Harvard University is its decision not to assert violations of the False Claims Act when given the opportunity, despite signals that its enforcement efforts will include use of the federal FCA, say attorneys at Bass Berry.
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How Cos. Can Prepare For 'Made In America' Ad Scrutiny
The Trump administration's executive order to combat fraudulent "Made in America" claims in consumer-facing advertising, along with actions by the Federal Trade Commission, suggest a potential increased focus on consumer protection and pricing-related matters, say attorneys at Skadden.
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Opinion
FTC Case Risks Redefining Price Discrimination
Federal Trade Commission v. Southern Glazer puts a spotlight on the blurry line between illegal price discrimination and ordinary competition, and could potentially set a precedent that puts nearly any manufacturer at risk of Robinson-Patman Act enforcement, says Jeremy Sandford at Econic Partners.
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Parsing Rule 12(c) Motion Overuse In Securities Class Actions
Defendants in securities class actions have more frequently been filing motions for judgment on the pleadings following the denial of motions to dismiss, but courts have recently demonstrated an increasing willingness to reject these previously rare motions, finding them transparent attempts to relitigate already-decided issues, say attorneys at Labaton Keller.
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Series
Mich. Banking Brief: All The Notable Legal Updates In Q1
Michigan's financial services sector saw several significant developments in 2026's first quarter, including the state Department of Insurance and Financial Services' issuance of a bulletin on the use of artificial intelligence and the Michigan House's introduction of a bill based on the Model Money Transmission Modernization Act, say attorneys at Dykema.