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Corporate
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March 23, 2026
SEC Must Give Video Of Elon Musk Interview To Oscar Winner
The U.S. Securities and Exchange Commission must release a video interview of Elon Musk from its civil fraud investigation of the billionaire to a film company led by Oscar-winner Alex Gibney, a D.C. federal judge ruled Monday, saying the SEC already has publicized the interview's contents through a transcript.
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March 23, 2026
Hemp Co. Pans 'Scattershot' Counterclaims In Soured Biz Deal
A North Carolina industrial hemp distributor has urged a federal judge to toss counterclaims lobbed against it from a state lawmaker's CBD company, alleging that all the fraud claims are too "wide-ranging" and "scatter-shot" to pass muster.
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March 23, 2026
Social Media Jurors Say They Are Deadlocked On A Defendant
A California jury considering claims Meta and Google harm children's mental health through their social media platforms reported Monday that it is deadlocked as to one of the defendants, but it wasn't clear if the jury is stuck on the question of liability or on potential punitive damages.
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March 23, 2026
Cosmetics Giant Coty Faces Investor Suit Over Fragrance Biz
Beauty giant Coty Inc. faces a proposed investor class action alleging the company misled investors when it said it was poised for growth only to reverse course last month and say its earlier forecast was premature.
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March 23, 2026
2nd Circ. Cautious About Unsealing Ex-Twitter Exec's Award
The Second Circuit appeared uncomfortable Monday with the New York Times' argument that a confidentiality agreement between two parties to an arbitration might not outweigh the public's right to view court records, as the paper looks to unseal an arbitral award issued to a former Twitter executive.
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March 23, 2026
Flagstar Seeks To Shut Down Ex-CCO's Retaliation Suit
Flagstar asked a New York federal judge to toss a suit from one of its former compliance chiefs that claims he was wrongfully terminated for blowing the whistle on the bank's former CEO over alleged compliance violations, saying the suit attempts to "cobble together" unrelated incidents into a retaliation claim.
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March 23, 2026
J&J Amici Seek Clarity On Goldman Precedent For Class Cert.
Four groups of amici have urged the U.S. Supreme Court to take up Johnson & Johnson's challenge to a Third Circuit decision allowing a securities class action over its talc products to proceed, warning the ruling could reshape how shareholder suits are litigated nationwide.
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March 23, 2026
FTC Stays Focused On Healthcare, Launches Task Force
The Federal Trade Commission announced it is launching a new task force with staff from across the agency to coordinate healthcare policy approaches and initiate investigations meant to help protect patients, healthcare workers and American taxpayers.
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March 23, 2026
New Wash. Law Cuts Antispam Penalties Amid Multiple Suits
Statutory penalties for emails sent in violation of Washington state's Commercial Electronic Mail Act, which bars messages with false or misleading subject lines, will fall from $500 per email to $100 under a measure signed into law by Gov. Bob Ferguson on Monday.
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March 23, 2026
Semiconductor Co. Can't End Suit Over Key Witness's Reversal
An investor's securities fraud suit accusing STMicroelectronics of failing to acknowledge pandemic-related declines in demand will proceed after a New York federal judge rejected the semiconductor manufacturer's bids for dismissal and reconsideration.
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March 23, 2026
Ex-White Sox Star Thomas Sues Team, Nike Over Jersey Sales
Former Chicago White Sox player Frank Thomas has sued his ex-team, Nike and Fanatics in Illinois state court, claiming they unlawfully sold jerseys bearing his name and number without his consent and without compensating him in any way.
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March 23, 2026
AbbVie Escapes Ill. Genetic Privacy Lawsuit
An Illinois federal judge on Friday granted AbbVie summary judgment in a lawsuit claiming it violated the state's genetic privacy law, saying there was "no genuine dispute" that AbbVie never conditioned the plaintiff's employment on whether he disclosed genetic information in the physical exam he was required to undergo before starting work.
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March 23, 2026
Clear GC Will Depart In April, Retain Salary For Another Year
The general counsel of identity verification services company Clear Secure Inc. is stepping down next month but will receive an additional 12 months of salary following her departure, the company revealed last week in a U.S. Securities and Exchange Commission filing.
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March 23, 2026
Social Media Atty Sanctioned For 'Most Shameful Moment'
A California judge on Monday sanctioned an attorney for the plaintiff in a bellwether trial alleging Meta Platforms and Google's social media platforms harm children's mental health, fining him $1,100 and keeping him off the plaintiffs' steering committee for violating court rules by twice filming inside the courthouse.
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March 23, 2026
Cognizant Fired Worker Over Hiring Bias Claims, Jury Told
A New York University computer science professor on Monday told a federal jury in Manhattan he was unlawfully fired from a lucrative job at Cognizant Technology Solutions for alleging the New Jersey information technology company was engaging in hiring practices that favored immigrant workers from India.
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March 23, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket this past week featured high-stakes disputes involving major consumer brands, a reinstated video game executive, revived noncompete and compensation claims and fresh allegations of corporate misconduct in the healthcare sector.
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March 23, 2026
BJ's Says Pension Fund Oversteps With Climate Study Ask
BJ's Wholesale Club told a Massachusetts federal judge that it cannot be forced to poll shareholders on whether the retailer should study the effects of deforestation on its supply chains, calling it an improper attempt at "micromanagement."
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March 23, 2026
Musk Escapes Claim He Implied Jewish Student Was Neo-Nazi
A Texas appeals court has freed Elon Musk from a defamation suit alleging that he falsely implied a Jewish student at the University of California was a neo-Nazi involved in a fight in Portland, Oregon, saying his social media posts on the subject are protected opinion.
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March 23, 2026
Zetlin & De Chiara Adds Construction Partner To NY Office
Construction law firm Zetlin & De Chiara LLP said Monday it has added an attorney with three decades of experience advising commercial construction as a partner in its New York office.
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March 23, 2026
Chicken Grower's Federal Wage Claims Against Perdue Axed
A Perdue Foods chicken farmer who claimed he was misclassified as an independent contractor filed his federal wage claims too late, a Georgia federal judge ruled, while allowing portions of his state law claims to proceed.
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March 23, 2026
Salesforce Gets Promotion Bias Suit Sent To Arbitration
A white woman must arbitrate her suit alleging Salesforce ignored her complaints that her male boss promoted only Indian men, a Colorado federal judge said, rejecting arguments that her case raised harassment claims that triggered a law shielding her from an out-of-court resolution.
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March 23, 2026
Justices Pass On Challenge To Courts' Sanctions Authority
The U.S. Supreme Court on Monday declined a dietary supplement company's request to review sanctions it was issued at trial in a false advertising dispute, in a case that could have led justices to clarify when courts may use their inherent authority to sanction parties for litigation conduct.
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March 23, 2026
Paul Hastings' Funds Growth Continues With Paul Weiss Atty
Paul Hastings LLP announced Monday the fifth partner addition this year to its investment funds and private capital team, welcoming a former Paul Weiss Rifkind Wharton & Garrison LLP attorney to its New York office.
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March 20, 2026
Social Media Jury Signals Potential Trouble For Meta, Google
After six full days deliberating in a California bellwether trial over allegations that Meta Platforms Inc. and Google LLC harm children's mental health through their social media platforms, the jury submitted a question to the judge potentially indicating it may be leaning in favor of finding one or both defendants liable.
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March 20, 2026
Former Gilead Sciences GC To Earn Over $2.5M Severance
Gilead Sciences Inc. is paying its former general counsel more than $2.5 million in severance after she left the company, according to a U.S. Securities and Exchange Commission filing released Friday.
Expert Analysis
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How The New Tariff Landscape May Unfold
To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.
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How DOJ Is Rethinking Corporate Crime Prosecution Tactics
Recent statements from the Justice Department seem to indicate an incremental shift away from relying on collective employee knowledge when prosecuting corporate crime, and from exploring the bounds of case law that has not been a model of clarity, say attorneys at Covington.
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Del. Justices' Upholding Of SB 21 Gives Cos. Needed Clarity
The Delaware Supreme Court's recent unanimous decision in Rutledge v. Clearway Energy — upholding 2025 corporate law amendments enacted through S.B. 21, which clarified safe harbor protections and key terms — may help stem the DExit movement, whose proponents have claimed unpredictability in Delaware courts, say attorneys at Nelson Mullins.
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Unique Issues Facing Brand-Compounder Patent Litigation
Recent litigation and potential enforcement action against Hims & Hers Health raise questions about how compounders and branded pharmaceuticals companies would be positioned in patent litigation as compared to generics companies, which would require strategies different from those that would be used in traditional Hatch-Waxman Act litigation, say attorneys at Morgan Lewis.
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How Banks Can Apply FinCEN Beneficial Ownership Relief
A recent Financial Crimes Enforcement Unit order limiting the circumstances under which banks should identify and verify beneficial owners may allow banks to tailor their approach to verification compliance, but only after reviewing customer due diligence policies and evaluating alignment with their risk profiles, say attorneys at Cleary.
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Series
Volunteering With Scouts Makes Me A Better Lawyer
Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.
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AI Communications May Be Discoverable In Patent Litigation
A New York federal court's recent determination that a defendant's correspondence with an artificial intelligence tool was not protected by attorney-client privilege may have significant ramifications for patent matters, highlighting the risk of AI use in patent prosecution and litigation tasks, say attorneys at Seed IP.
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Series
Law School's Missed Lessons: In Court, It's About Storytelling
Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.
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How Leveraged Lending Pivot May Alter Bank Risk Oversight
The Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency's recent withdrawal of leveraged lending guidance introduces several principles that may allow banks to better apply enterprisewide risk management programs and potentially create additional competition in the private credit loan market, say attorneys at Mayer Brown.
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Why SDNY May Be Dusting Off The Financial Kingpin Statute
The Southern District of New York’s recent fraud indictments against executives of bankrupt companies Tricolor and First Brands have seemingly revived the Continuing Financial Crimes Enterprise statute, and if the cases succeed, prosecutors across the country will have ample reason to reach for this long-dormant tool, say attorneys at Lankler Siffert & Wohl.
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What US Arms Sales Reforms Mean For Defense Industry
A recent executive order with the goal of increasing U.S. arms sales transparency, speed and government-industry collaboration carries both promise and risk for the defense industry as the government seeks to leverage the private sector and use commercial products for defense purposes, say attorneys at Fluet.
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How Recent Del. Rulings Clarify M&A Deal Fraud Carveouts
Two recent Delaware decisions have provided clarity regarding when a party can or cannot rely on representations made during the course of an M&A transaction, particularly on the scope and enforceability of antireliance provisions, and on representations they knew or should have known were false, says Anthony Boccamazzo at Olshan Frome.
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Charges Signal Tougher Stance On Execs' Bankruptcy Fraud
The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea change in the willingness of federal prosecutors to use bankruptcy fraud as a basis to charge corporate officers more frequently alongside traditional statutes such as wire fraud, bank fraud and money laundering, say attorneys at White & Case.
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A Tale Of 2 Self-Disclosure Policies: How SDNY, DOJ Differ
Though the U.S. Attorney’s Office for the Southern District of New York’s recently announced corporate enforcement and voluntary self-disclosure policy shares many similarities with that of the U.S. Department of Justice, the two programs differ in meaningful ways, including subject matter scope and timeline to declination, say attorneys at Wiley.
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Aligning Microsoft Tools With NYC Bar AI Recording Guidance
The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.