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February 19, 2026
Funko To Pay $5.4M To Settle Del. Stockholder Suit
Toy company Funko Inc. and a class of its public stockholders have agreed to a $5.4 million settlement to resolve Delaware Chancery Court litigation accusing the company's private equity sponsors and top executives of exploiting its Up-C structure to siphon value from Class A shareholders.
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February 19, 2026
Willkie Adds Energy Regulatory Partner From Troutman In DC
Willkie Farr & Gallagher LLP has hired a partner from Troutman Pepper Locke LLP, who is joining the energy regulatory team to advise clients on a range of matters before the Federal Energy Regulatory Commission, an agency he used to work for.
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February 18, 2026
Bang Energy's Founder Denied Stay Of Adversary Suit
A Florida bankruptcy judge denied a bid to halt an adversary lawsuit alleging that misconduct from the founder of Bang Energy drinks left his company insolvent, saying on Wednesday that no irreparable harm was shown without a stay and that a request for a stay is overly broad.
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February 18, 2026
Ex-Palantir Engineers Cleared To Return To Work For Rival
A New York federal judge Wednesday preliminarily blocked several former Palantir employees from recruiting from Palantir for their rival company, Percepta AI, but he refused to block them from working there, as Palantir had requested in the litigation accusing them of stealing confidential information for their new endeavor.
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February 18, 2026
Birkin Bag Fans Appeal Hermès' 'Predetermined' Antitrust Win
Shoppers urged the Ninth Circuit Wednesday to revive their proposed class action accusing Hermès of illegally tying the sale of its iconic Birkin handbags to other expensive luxury items, arguing that the lower court erroneously "predetermined" the outcome of their case even before they filed their latest complaint.
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February 18, 2026
Zuckerberg Testifies That Social Media Doesn't Harm Teens
Meta Platforms CEO Mark Zuckerberg took the stand Wednesday in a landmark California bellwether trial on claims his company and Google's YouTube harm children's mental health, saying the current scientific literature shows no causal link between social media and teens' mental health.
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February 18, 2026
Fluor Must Disclose Amounts Paid To Trial Witnesses
A South Carolina federal judge ordered Fluor Corp. on Tuesday to disclose how much it has paid fact witnesses amid a trial over claims Fluor overcharged the military, but declined to invalidate the company's compensation agreements with the witnesses.
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February 18, 2026
Blue Shield Of Calif. Says 'Ghost Network' Action Falls Flat
Trouble finding a mental health care therapist is unfortunate but not something that an entire class action can be based on, argued Blue Shield of California, urging a federal judge to dismiss a suit accusing the company of maintaining a "ghost network" directory of providers who don't exist or don't accept new patients.
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February 18, 2026
4th Circ. Rejects Under Armour's Coverage Rehearing Request
The Fourth Circuit on Wednesday rejected Under Armour's request to reconsider a recent ruling that capped its coverage for a securities class action, government investigations and derivative matters at $100 million.
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February 18, 2026
PayPal 'Too Optimistic' With 2027 Forecast, Investors Say
PayPal was hit with a shareholder's proposed class action accusing it and its executives of damaging investors by walking back positive guidance and a strong growth trajectory for its branded checkout segment earlier this month.
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February 18, 2026
Del. Justices Mull Genworth Liability Insurer Appeal
An attorney for AIG Financial urged a Delaware Supreme Court panel on Wednesday to consider whether a Superior Court judge misapplied policy language and misconstrued related litigation involving "one of the most sophisticated purchasers of insurance imaginable," in dismissing a policyholder class suit challenging long-term care premium hikes.
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February 18, 2026
Judge Rejects FTC's Emergency Bid To Spare Merger Rule
The Federal Trade Commission has just until Thursday to obtain Fifth Circuit intervention after a Texas federal judge refused Wednesday to extend his seven-day pause on the order scrapping the agency's premerger reporting overhaul.
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February 18, 2026
DTE Energy Hit With $100M Fine In Clean Air Act Action
Energy company DTE Energy Co. and its subsidiaries were hit with a $100 million civil penalty and ordered to fund a $20 million air quality program after a Michigan federal judge found they violated the Clean Air Act by illegally modifying a steel-manufacturing-related facility, resulting in higher levels of pollution.
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February 18, 2026
SEC Plans To Repeal Biden-Era Rule On ESG Fund Names
The U.S. Securities and Exchange Commission on Wednesday proposed a number of changes that would impact regulated funds, including one that would overturn a Biden administration rule requiring funds that hold themselves out as sustainable or socially conscious to invest the majority of their money in the causes they tout.
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February 18, 2026
J&J Unit Appeals $442M Catheter Antitrust Loss To 9th Circ.
Johnson & Johnson's Biosense Webster health tech unit urged the Ninth Circuit to overturn a California federal jury's $147 million antitrust verdict — later upped to $442 million — over the company withholding cardiac mapping support to hospitals using third-party reprocessed catheters, saying Innovative Health LLC didn't prove its allegations of unlawful tying.
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February 18, 2026
Medtronic Exec Alleges Retaliatory Firing For Whistleblowing
Minnesota-based medical device company Medtronic Inc. fired an executive for raising concerns that the company artificially boosted its sales figures routinely, he told a Colorado state court.
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February 18, 2026
Google's Kent Walker Talks AI, Competition, Digital Regulation
Kent Walker, general counsel and president of global affairs for Google LLC and its parent company Alphabet Inc., said in a recent speech in Ireland that new technology has given the world "a reset button," similar to the discovery and development of algebra, but that it was incumbent on European Union leaders to streamline regulations and act as a force for growth.
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February 18, 2026
5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal
Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.
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February 18, 2026
Retirees' Attys Get $99M Cut Of Colgate-Palmolive ERISA Deal
A New York federal judge has signed off on a $99 million request from attorneys representing Colgate-Palmolive retirees who sought fees, expenses and other costs from an overall $332 million megadeal, ending claims the company skimped on pensioners' lump-sum retirement payouts.
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February 18, 2026
Latham Adds Ex-FCC Commissioner As Partner In DC
Geoffrey Starks, who stepped down from the Federal Communications Commission last year after 10 years at the agency, has joined Latham & Watkins LLP as a partner, where he'll advise clients on a range of communications matters such as broadband policies, data security and artificial intelligence.
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February 18, 2026
Va.'s Privia Medical Group Doctor Sues In Del. For Records
A physician member of Virginia-based Privia Medical Group LLC has sued the company in Delaware Chancery Court, accusing it of stonewalling her efforts to inspect books and records under the company's operating agreement amid concerns about insurance reimbursement practices and related risks.
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February 18, 2026
Jury Finds Ex-Coal Exec Guilty Of Authorizing Bribes
A Pennsylvania federal jury Wednesday found a former coal executive guilty of authorizing bribes to an arm of the Egyptian government, following less than five hours of deliberations in a closely watched Foreign Corrupt Practices Act trial that commenced despite the government's pause on enforcement of the statute last year.
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February 17, 2026
Uber Wins 'Partial' Atty Fees Reimbursement In Assault MDL
Uber can get $30,000 from an opposing attorney as "partial reimbursement" for the ride-hailing company's attorney fees in multidistrict litigation over sexual assault liability, a California federal judge ruled Tuesday, ordering the payment as a sanction against the attorney for disclosing confidential Uber information in other lawsuits.
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February 17, 2026
Musk Can't Be 'Tried On His Political Beliefs,' Judge Says
A certified class of former Twitter investors accusing Elon Musk of tanking the social media platform's stock during acquisition negotiations can't bring up the billionaire's political beliefs during the trial scheduled to start next month if it's outside the 2022 time period at issue, a California federal judge ruled Tuesday.
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February 17, 2026
Dismissal Of FTC Merger Rule Shows Nothing 'Broken' To 'Fix'
Some antitrust practitioners see vindication in last week's Texas federal court decision throwing out the Federal Trade Commission's premerger reporting overhaul, saying it gives credence to arguments that U.S. antitrust enforcers were trying to plug holes in merger review where there were none.
Expert Analysis
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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2 Early Settlement Alternatives In Federal Securities Litigation
Most class actions brought under the federal securities laws are either settled or won by the defendants following a motion to dismiss, but two alternative strategies have the potential to lower discovery costs and allow defendants to obtain judgment without the uncertainty of jury trials on complex matters, says Richard Zelichov at DLA Piper.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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How Fed. Circ. Shaped Subject Matter Eligibility In 2025
The Federal Circuit's most impactful patent eligibility decisions this year, touching on questions about obviousness and abstractness, provide a toolbox of takeaways that can be utilized during patent preparation and prosecution to guard against potential challenges, says Reilley Keane at Banner Witcoff.
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DC Circ. Decision Reaffirms SEC Authority Post-Loper Bright
The recent denial of a challenge to invalidate 2024 amendments to the U.S. Securities and Exchange Commission's tick size and fee-cap rules reinforces the D.C. Circuit's deference to SEC expertise in market structure regulation, even after Loper Bright, though implementation of the rules remains uncertain, say attorneys at Sidley.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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NY Tax Talk: New ALJs, New Rules, Apportionment, Bundling
Attorneys at Eversheds review the top New York tax law developments from last quarter, including appointments to the New York City Tax Appeals Tribunal and the city's proposed rules to clarify income taxation of foreign corporations, and highlight two litigation matters to watch.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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Why Digital Asset Treasuries Are Drawing Regulator Concerns
Financial regulators’ recent focus on potential insider trading and investor risk at hundreds of publicly traded digital asset treasuries may have been summoned by how quickly this rapidly expanding market responds to asset allocation decisions, as well as variations in risk disclosure practices across the sector, say attorneys at The Brattle Group.
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FTC Focus: Amazon's $2.5B Pact Broadens Regulatory Span
Amazon's $2.5 billion deal with the Federal Trade Commission offers takeaways for counsel managing risk across both consumer protection and competition portfolios, including that design strategies once evaluated solely for conversion may now be scrutinized for their competitive effects, say attorneys at Proskauer.
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SEC Penalties Trended Down In FY 2025, Offering 2026 Clues
The U.S. Securities and Exchange Commission's settled corporate penalties in fiscal year 2025 show a clear dividing line, as the largest penalties all came before Inauguration Day, a trend that may continue as the types of cases that lead to the biggest penalties seem to be no longer favored by the commissioners, say attorneys at Dentons.
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Series
Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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A Close Look At The Evolving Interval Fund Space
Interval funds — closed-end registered investment companies that make periodic repurchase offers — have recently moved to the center of the conversation about retail access to private markets, spurred along by President Donald Trump's August executive order incorporating alternative assets into 401(k) plans and target date strategies, say attorneys at Simpson Thacher.
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Meta Monopoly Ruling Highlights Limits Of Market Definition
A D.C. federal court's recent ruling that Meta is not monopolizing social media raises questions, such as why market definition matters and whether we have the correct model of competition, which can aid in making a stronger case against tech companies, says Shubha Ghosh at the Syracuse University College of Law.
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Perspectives
Nursing Home Abuse Cases Face 3 Barriers That Need Reform
Recent headlines reveal persistent gaps in oversight and protection for vulnerable residents in long-term care, but prosecution of these cases is often stymied by numerous challenges that will require a comprehensive overhaul of regulatory, legal and financial structures to address, says Veronica Finkelstein at Wilmington University.