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October 31, 2025
TXSE Boasts $250M Total Capital After Latest Funding Round
TXSE Group, a company preparing to launch a Texas-based stock exchange similar to the likes of the New York Stock Exchange, revealed Friday it has raised more than $250 million in total capital following its second financing round that welcomed new investor J.P. Morgan.
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October 31, 2025
'David V. Goliath' Litigation Boutique Launches In SoCal
A longtime Miller Barondess LLP trial lawyer has joined forces with a former Los Angeles federal prosecutor to launch a nationwide litigation boutique representing both plaintiffs and defendants in high-stakes business disputes.
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October 31, 2025
Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the end of October with another action-packed week as BigLaw firms announced partner promotions and expanded their practice offerings. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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October 30, 2025
Snowflake, Clients Can't Escape MDL Over Cloud Data Breach
Cloud storage provider Snowflake, along with its clients Ticketmaster and LendingTree, will continue to face sprawling multidistrict litigation over a data breach that hit Snowflake last year, after a Montana federal judge refused several bids to ax or force arbitration of negligence and other claims brought by a wide range of consumers who were impacted by the incident.
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October 30, 2025
Sling TV Settles Privacy Claims From Calif. Streaming Sweep
Sling TV has agreed to pay $530,000 to settle California's allegations that the streaming television service made it hard for consumers to stop the sale of their personal information and failed to provide sufficient privacy protections for children, California's attorney general announced Thursday.
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October 30, 2025
CoreWeave's $9B Deal For Core Scientific Scrapped After Vote
CoreWeave Inc.'s deal to acquire crypto mining company Core Scientific Inc. for roughly $9 billion has been terminated after Core Scientific's shareholders voted against the proposed merger, the companies announced Thursday.
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October 30, 2025
Perplexity Debuts AI-Fueled Patent Research Tool
Artificial intelligence company Perplexity AI Inc. has launched an AI-based patent research agent, the company announced Thursday.
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October 30, 2025
Trump Crypto Co. World Liberty Taps Robinhood Atty For GC
The Trump family-affiliated cryptocurrency company World Liberty Financial announced Wednesday it has hired a former Robinhood Markets Inc. attorney as its general counsel.
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October 30, 2025
Apple, Google Fight Bids To Depose CEOs In Antitrust Suit
Google LLC and nonparty Apple Inc. have fired back in California federal court on a proposed class of consumers' effort to depose Apple CEO Tim Cook and Google CEO Sundar Pichai in their antitrust case alleging Google suppressed rival search engines with anticompetitive deals.
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October 30, 2025
BetterHelp Wins Defense Costs From Insurer For Privacy Case
A California federal judge said a CNA Financial Corp. insurance unit must pay for BetterHelp's legal defense costs in underlying consumer litigation claiming the online therapy provider unlawfully disclosed private health information without consent, saying the timing of the alleged Electronic Communications Privacy Act violation triggered the duty to defend.
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October 30, 2025
Small Biz Groups Seek Quick Win In CFPB Lending Data Fight
A coalition of consumer-aligned advocacy groups is seeking summary judgment in Washington, D.C., federal court in their suit aiming to compel the Consumer Financial Protection Bureau to implement a 15-year-old Congressional mandate to collect lending data for women- and minority-owned small businesses.
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October 30, 2025
Fiber Optics Co. Agrees To Reforms To End Derivative Suit
Fiber optic equipment company Luna Innovations Inc. has reached a deal with its investors to settle their derivative claims alleging the company was damaged by its failure to properly recognize revenue in its filings with the U.S. Securities and Exchange Commission.
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October 30, 2025
Lockheed To Integrate Gemini For On-Premises Infrastructure
Google's Gemini models will be deployed in Lockheed Martin's on-premises artificial intelligence platform as part of an effort to enable faster data analysis and accelerate research and development, according to a new strategic partnership announced by the companies.
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October 30, 2025
Agri Stats, Pork Producers Push To Pause Price-Fixing Case
Agri Stats Inc. and pork producers facing an impending trial on allegations that they schemed to limit pork supply and drive up prices are asking a Minnesota federal judge to pause the case while they continue a push for his recusal in the Eighth Circuit.
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October 30, 2025
Google Tells Justices Epic Order Makes Court Central Planner
Google has urged the U.S. Supreme Court to review a case being brought by Epic Games over Google's Play Store policies, telling the justices a sweeping injunction issued in the case defies precedent by turning a court in California into a "central planner" for Android mobile devices.
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October 30, 2025
2nd Ex-Magellan Exec Avoids Jail Over Faulty Lead Tests
A second former Magellan Diagnostics executive ducked prison time Thursday for his role in an alleged scheme to hide a defect in the company's lead-testing devices ahead of its sale in 2016.
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October 30, 2025
China Delays Expanded Mineral Export Controls, Trump Says
China has agreed to delay for a year an expansion to export controls for key minerals and is set to start purchasing more U.S. agricultural products including soybeans, while U.S. tariffs on Chinese goods will decrease 10%, President Donald Trump said early Thursday morning.
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October 30, 2025
Meta Says CFPB Has Dropped Biden-Era Advertising Probe
Meta Platforms Inc. said Thursday that the Consumer Financial Protection Bureau has closed an investigation into its finance-related advertising practices, a disclosure that comes a year after the agency signaled it was considering a possible enforcement action.
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October 30, 2025
SpaceX's China Ties Require Scrutiny, FCC Told
SpaceX's plan to buy $17 billion in spectrum shouldn't be approved until the FCC looks into Elon Musk's "deep reliance" on the Chinese Communist Party for financing his space exploration company's operations and manufacturing its equipment, a consumer group says.
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October 30, 2025
Palantir Says Ex-Engineers Stole IP To Build Copycat AI Biz
Palantir Technologies hauled two former employees into New York federal court Thursday, accusing them of absconding with its confidential intellectual property and exploiting its customer relationships to stealthily create a competing copycat artificial intelligence platform.
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October 30, 2025
Apple Retaliated Against Worker Over Mental Health, Suit Says
Apple brushed off a former employee's mental and emotional health issues caused by the "intolerable workload" he faced and retaliated against him once he indicated he needed to take time off, the worker said in a complaint in California state court.
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October 30, 2025
Senate Votes To Ax Global Tariffs, But House Path Blocked
The Senate passed legislation Thursday to end the declared national emergency propping up President Donald Trump's global tariff regime shortly after passing similar bills regarding tariffs on Canada and Brazil, though the House previously moved its deadline for action on the matter to next year.
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October 30, 2025
Copyright Rules For AI Creations Too Strict, IP Panel Says
The U.S. Copyright Office's rule barring registration of works created entirely by artificial intelligence systems may be overly strict and unlikely to endure, according to a panel of legal experts who discussed the matter Wednesday at the American Intellectual Property Law Association's annual conference in D.C.
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October 30, 2025
Mich. Justices To Mull If Closed-Door Pot Meetings Broke Law
Michigan's highest court has agreed to review a lower court's ruling that a city violated state open meetings law when it held closed-door meetings to evaluate the applicants for a limited pool of marijuana business licenses.
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October 30, 2025
Ex-Amazon Coder Again Avoids Prison For Capital One Hack
A former Amazon coder who exposed personal information belonging to nearly 100 million people amid a data breach targeting Capital One in 2019 was resentenced Wednesday in Washington federal court to time served, plus two years of supervised release and community service and ordered to pay nearly $41 million in restitution.
Expert Analysis
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What Ethics Rules Say On Atty Discipline For Online Speech
Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.
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2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers
Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.
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SEC Fine Signals Crackdown On Security-Based Swap Dealers
The U.S. Securities and Exchange Commission's recent fine against MUFG Securities is unique because it involves a non-U.S. security-based swap dealer complying with U.S. laws based on the election of substituted compliance, but it should not be dismissed as a one-off case, says Kelly Rock, formerly at the SEC.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.
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Expect DOJ To Repeat 4 Themes From 2024's FCPA Trials
As two upcoming Foreign Corrupt Practice Act trials approach, defense counsel should anticipate the U.S. Department of Justice to revive several of the same themes prosecutors leaned on in trials last year to motivate jurors to convict, and build counternarratives to neutralize these arguments, says James Koukios at MoFo.
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How The SEC Has Subtly Changed Its Injunction Approach
For decades, the U.S. Securities and Exchange Commission has relied on the obey-the-law injunction, but judicial deference to the SEC's desired language has fractured since 2012 — with the commission itself this year utilizing a more tailored approach to injunctions, albeit inconsistently, say attorneys at Hilgers Graben.
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Utilizing 6th Circ.'s Expanded Internal Investigation Protection
A recent Sixth Circuit decision in In re: FirstEnergy demonstrates one way that businesses can use a very limited showing to protect internal investigations from discovery in commercial litigation, while those looking to force production will need to employ a carefully calibrated approach, say attorneys at Brownstein Hyatt.
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Series
Power To The Paralegals: How And Why Training Must Evolve
Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.
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Evaluating The Current State Of Trump's Tariff Deals
As the Trump administration's ambitious tariff effort rolls into its ninth month, and many deals lack the details necessary to provide trade market certainty, attorneys at Adams & Reese examine where things stand.
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Series
Playing Softball Makes Me A Better Lawyer
My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.
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5 Years In, COVID-19 Fraud Enforcement Landscape Is Shifting
As the government moves pandemic fraud enforcement from small-dollar individual prosecutions to high-value corporate cases, and billions of dollars remain unaccounted for, companies and defense attorneys must take steps now to prepare for the next five years of scrutiny, says attorney David Tarras.
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Analyzing AI's Evolving Role In Class Action Claims Admin
Artificial intelligence is becoming a strategic asset in the hands of skilled litigators, reshaping everything from class certification strategy to claims analysis — and now, the nuts and bolts of settlement administration, with synthetic fraud, algorithmic review and ethical tension emerging as central concerns, says Dominique Fite at CPT Group.
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IPO Suit Reinforces Strict Section 11 Tracing Requirement
A California federal court's recent dismissal of an investor class action against Allbirds in connection with the company's initial public offering cites the U.S. Supreme Court's 2023 Slack v. Pirani decision, reinforcing the firm tracing requirement for Section 11 plaintiffs — even at the pleading stage, say attorneys at Paul Weiss.
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Series
Law School's Missed Lessons: Mastering Time Management
Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.
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Privacy Policy Lessons After Google App Data Verdict
In Rodriguez v. Google, a California federal jury recently found that Google unlawfully invaded app users' privacy by collecting, using and disclosing pseudonymized data, highlighting the complex interplay between nonpersonalized data and customers' understanding of privacy policy choices, says Beth Waller at Woods Rogers.