Corporate

  • November 03, 2026

    Lockheed To Pay $29.5M Over Alleged DEI Bias Practices

    Lockheed Martin Corp. agreed to pay $29.5 million under two settlements announced Monday by the U.S. Department of Justice over allegations that the defense contractor considered race or sex in some pay, hiring and promotion decisions while certifying compliance with federal antidiscrimination requirements

  • November 03, 2026

    Block Seeks $764M Deal To End DOJ Cash App Fraud Probe

    Jack Dorsey's Block Inc. revealed in an investor filing Tuesday it has reached a tentative deal to resolve a U.S. Department of Justice investigation into claims that it ignored fraud on its Cash App, outlining terms that include a deferred prosecution agreement and payment of more than $760 million.

  • November 03, 2026

    BofA's $1.2B AML Fine Shows Perils Of Tech Overreliance

    Bank of America's $1.2 billion deal with the U.S. Treasury Department over anti-money-laundering failures has put compliance officers at financial institutions on alert about the perils they could face if they don't have empowered in-house investigators and proper oversight of technological systems for transaction monitoring.

  • November 03, 2026

    Asia-Based Accountants Say PCAOB Overstepped Authority

    The Public Company Accounting Oversight Board has violated limits Congress placed on it by requiring three accountants to fly to Washington, D.C., on their own dime from their Southeast Asia homes to comply with certain board demands or face sanctions, according to a lawsuit filed Tuesday in D.C. federal court.

  • November 03, 2026

    3M Inks $7.35B Deal To Settle Most PFAS Foam Claims

    3M Co. announced Tuesday that it will pay up to $7.35 billion over nine years to resolve nearly all personal injury claims related to PFAS "forever chemicals" in firefighting foam.

  • November 03, 2026

    Rivian Brass Reaches Deal To End Post-IPO Price Hike Suit

    Rivian Automotive Inc. executives and the company's investors Tuesday filed a notice telling a California federal court they reached a settlement to end derivative claims Rivian hid the true price of manufacturing its electric vehicles ahead of its initial public offering.

  • November 03, 2026

    PBM Says Fla. Collusion Suit Belongs In Federal Court

    A pharmacy benefit manager accused by Florida's attorney general of colluding with a competitor to fix prescription drug reimbursement rates for pharmacies removed the state's suit to federal court, citing its work for federal and military employees.

  • November 03, 2026

    Volunteer Exits Malicious Prosecution Suit Naming DLA Piper

    A Los Angeles judge on Tuesday tossed a malicious prosecution claim against a former volunteer for Breaking Code Silence on free speech grounds, even as he called the broader case against DLA Piper and the nonprofit "stronger than most."

  • November 03, 2026

    Brownstein Hyatt Faces Suit Over Flawed Cannabis Co. Deal

    A Colorado real estate developer and his company alleged that Brownstein Hyatt Farber Schreck LLP negligently drafted their settlement agreement in a dispute with members of cannabis dispensary chain Native Roots over a sale of the chain's entities, resulting in a roughly $100 million arbitration award against the developer's company.

  • November 03, 2026

    Chanel Keeps $4M Win Against Luxury Reseller At 2nd Circ.

    The Second Circuit on Tuesday upheld a New York federal jury's verdict ordering a luxury reseller to pay Chanel Inc. $4 million for selling unauthorized handbags, but vacated as "premature" the trial court's award of more than $560,000 in litigation expenses to Chanel.

  • November 03, 2026

    Chancery Ends Icahn Suit Over Illumina's $8B Grail Deal

    The Delaware Chancery Court has approved the dismissal of a lawsuit brought by affiliates of activist investor Carl Icahn against Illumina Inc.'s former directors over the biotechnology company's $8 billion acquisition of Grail Inc., ending the case under a settlement that does not bind other stockholders.

  • November 03, 2026

    Ex-Employee Calls J&J Unit's Trade Secret Suit Retaliation

    A former associate director sued by a Johnson & Johnson subsidiary for allegedly misappropriating confidential information hit back with her own complaint, alleging the company's lawsuit is retaliation for reporting discriminatory and retaliatory conduct by her manager.

  • November 03, 2026

    Justices To Hear Apple App Store Contempt Case In January

    The U.S. Supreme Court has scheduled an argument on Jan. 11 for Apple's challenge to a contempt order issued for allegedly trying to use high commissions to prevent app developers from steering users to outside payment methods in a case brought by Epic Games.

  • November 03, 2026

    IRS Asks 11th Circ. To Back Denial Of $27M Easement Claim

    The U.S. Tax Court properly dismissed a partnership's bid to challenge the IRS' denial of a $27 million tax deduction for a Georgia conservation easement donation, the agency told the Eleventh Circuit, saying the partnership's petitions were filed late and the statutory deadline isn't flexible.

  • November 03, 2026

    Energy Co. Directors Sued Over China Supply Chain Claims

    The top brass of Bloom Energy Corp. on Tuesday were hit with another lawsuit claiming they misled shareholders by understating the extent to which the renewable energy company depended on Chinese scandium, a critical raw material used in its fuel cells.

  • November 03, 2026

    EU Tax Reporting Break Would Send 'Worst Signal,' Panel Told

    Multinational companies shouldn't get a free pass on reporting potentially harmful cross-border tax arrangements to European Union countries because they're within the scope of the 15% global minimum tax, an EU lawmaker leading committee discussions on the proposal said Tuesday.

  • November 03, 2026

    The Top In-House Hires Of October

    Legal department hires during the past month included high-profile appointments at Fox, Dell and LinkedIn. Here, Law360 Pulse looks at some of the top in-house announcements from October.

  • November 03, 2026

    Icahn-Backed Firm Paying $4.2B For Marathon Oil Assets

    Carl Icahn-backed CVR Energy said Tuesday it has agreed to buy two refineries and a related marketing business from Marathon Petroleum and its affiliates for approximately $4.2 billion in a deal that would nearly double its refining capacity.

  • November 03, 2026

    Hospice Provider General Counsel Joins Morgan Lewis In DC

    Morgan Lewis & Bockius LLP has rehired the former general counsel of Elara Caring, a hospice, home health and personal care service provider, who joins the firm as an FDA and healthcare practice partner in Washington, D.C., the firm announced Tuesday.

  • November 03, 2026

    Shell Selling North West Shelf Stake To XRG For $1.45B

    Shell PLC's Australian subsidiary has agreed to sell its 16.67% stake in Western Australia's North West Shelf liquefied natural gas project to United Arab Emirates-based XRG PJSC for $1.45 billion, the companies said Tuesday. 

  • November 03, 2026

    PE Fund Lost $43M In 'Speculative' Stock Swap, Del. Suit Says

    An investor in a private equity fund has accused its managers in Delaware Chancery Court of secretly exchanging about $43 million in diversified investments for securities in a "speculative" financial company, then failing to sell those holdings before their value plunged 99.98%, leaving investors with virtually nothing.

  • November 03, 2026

    Foodtastic Goes Public With MTY Bid After Being 'Dismissed'

    Canadian restaurant franchisor Foodtastic Inc. went public Tuesday with a roughly CA$982 million ($702 million) bid for MTY Food Group Inc., saying MTY "dismissed" its earlier approaches despite a decade of being "undisciplined in its operations and acquisitions."

  • November 02, 2026

    DirecTV Says Nexstar Hiding Behind Privilege In Antitrust Suit

    DirecTV says it's time for a New York federal court to step in and force Nexstar Media Group to hand over documents it was ordered to produce in discovery, saying the massive multimedia conglomerate has been dragging its feet for months.

  • November 02, 2026

    BlackRock, State Street Get State AG Coal Suit Trimmed

    BlackRock and State Street have pared down a lawsuit by Republican state attorneys general accusing them of driving up coal prices, but a Texas federal judge let stand claims brought by Iowa and Nebraska on behalf of their resident electricity consumers.

  • November 02, 2026

    Coors, Supplier Send Colo. Contract Exit Suit To Arbitration

    Coors Distributing Co. LLC and one of the beer wholesaler's suppliers reached an agreement Monday to allow an arbitrator to resolve the wholesaler's bid for a Colorado state judge to block the supplier from exiting the companies' decadeslong distribution contract.

Expert Analysis

  • 3 Strategies To Reduce AI Sycophancy In Legal Work

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    The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.

  • Accenture's FCA Deal Shows DEI Risks For Gov't Contractors

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    The U.S. Department of Justice recently settled allegations that Accenture falsely certified compliance with antidiscrimination requirements in its federal contracts, underscoring how diversity goals can become a False Claims Act issue when the company requests payment from the government, say attorneys at Bass Berry.

  • DOJ Directive Gives Contractors A Fraud Risk Road Map

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    For government contractors, the 10 factors described in the U.S. Department of Justice's recent corporate fraud enforcement directive function as a de facto scoring rubric for internal audits that mirrors what prosecutors will prioritize, say attorneys at Spencer Fane.

  • Open Issues After 2nd Circ.'s Airport Phone Search Ruling

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    While the Second Circuit’s recent U.S. v. Alisigwe decision confirms border agents' broad authority to conduct routine manual cellphone searches at ports of entry, significant questions remain about more wide-ranging forensic searches at the border, say attorneys at Baker Botts.

  • FTC's Changing Model Raises Questions About Its Mission

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    Federal Trade Commission leaders have recently sketched a vision of an agency that continues an enforcement role distinct from the U.S. Department of Justice's, even as a shift toward greater presidential control makes enforcement more responsive to changes in administrations, say attorneys at Wiley.

  • 2nd Circ. EFAA Ruling Shifts Employer Litigation Strategy

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    In Diaz-Roa v. Hermes Law, the Second Circuit recently held that, under the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, employers can't carve out nonharassment claims and send them to arbitration, which has implications for discovery, litigation costs and resolution strategy in EFAA-covered disputes, say attorneys at Krevolin Horst.

  • The Future Of PCAOB Enforcement After Post-Jarkesy Win

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    While the Public Company Accounting Oversight Board recently defeated procedural and structural challenges to its enforcement program in D.C. federal court, it's unclear what claims and sanctions the PCAOB can bring against respondents — and whether it's interested in instituting disciplinary proceedings generally, says Mike Plotnick at King & Spalding.

  • Digging Into Dems' Letter On Subpoena Secrecy Demands

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    Lawmakers’ recent letter arguing that federal agencies’ use of boilerplate nondisclosure language in subpoenas pressures recipients into silence may lead to a significant overhaul of the current framework, but in the meantime, companies should review their rights and options, say attorneys at Crowell & Moring.

  • Bribery Verdict Offers Guide To Post-Pause FCPA Priorities

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    A former Goldman Sachs investment banker's recent Foreign Corrupt Practices Act conviction offers insights into how the U.S. Department of Justice is applying its FCPA guidelines following the Trump administration's 2025 pause on enforcement, and illustrates the importance of a company’s escalation procedures and follow-through, say attorneys at Debevoise.

  • 3rd Circ. Ruling Opens Door For Fraud-On-The-Market Rethink

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    The Third Circuit's recent decision in Ocugen, holding that a stable stock price after publication of restated financials does not prove immateriality, could be a vehicle for the U.S. Supreme Court to overturn the doctrine undergirding certification of securities class actions, says Jonathan Richman at Brown Rudnick.

  • How NRC's New Rules Alter Foreign-Financed Reactor Deals

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    New Nuclear Regulatory Commission rules for reactor licensing open U.S. nuclear projects to foreign capital, presenting new considerations for structuring governance, diligence and approvals to secure and maintain eligibility, says J. Brin Gibson at Spencer Fane.

  • AG Watch: Minnesota Takes Action To Secure Child Safety

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    Minnesota Attorney General Keith Ellison has built one of the most aggressive and structurally coherent child protection enforcement programs in the country, targeting consumer-facing sectors that his office has concluded prey on minors, such as tobacco and nicotine, social media platforms, and artificial intelligence, say attorneys at Crowell & Moring.

  • Opinion

    The SEC Crypto Proposal Rests On A Term No One Can Define

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    The U.S. Securities and Exchange Commission's recently proposed Regulation Crypto Assets is its most ambitious attempt to set rules for the crypto industry, but its repeated use of the phrase "essential managerial efforts" means it perpetuates the uncertainty the regime is meant to cure, says Joseph A. Hall at Davis Polk.

  • Navigating Dueling Regulations For Bank Investment Advisers

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    Recent U.S. Securities and Exchange Commission examination findings show that investment advisory activities remain an active area of regulatory focus, and reinforce the need for banks to assess intersecting compliance obligations, say attorneys at Fredrikson.

  • Series

    Being In The Peace Corps Made Me A Better Lawyer

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    When I served in the Peace Corps, the people of the West African village where I was stationed helped me acclimate to my new surroundings and enabled me to develop problem-solving, teamwork and empathy skills that have bolstered my legal practice far beyond the ability to offer technical advice, says Brian Bewley at McGuireWoods.

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