Corporate

  • March 19, 2026

    Ex-Bank CEO Cops To $13.6M Fraud, Evading Sanctions

    The former CEO of the Puerto Rico-based Nodus International Bank pled guilty Thursday to running a scheme that stole more than $13.6 million from the now-collapsed bank and evading sanctions on Venezuela.

  • March 19, 2026

    Meta Says IRS Defying Settled Facts In $16B Tax Fight

    The IRS is refusing to agree to the truth of parts of the trial transcript and the U.S. Tax Court's opinion last year in a Facebook transfer pricing case as the social media platform's parent, Meta, disputes a $16 billion tax bill in a related case, the company told the court.

  • March 19, 2026

    Ex-Uber Exec Takes Data Breach Conviction To High Court

    A former Uber security executive has urged the U.S. Supreme Court to review his conviction for attempting to cover up a data breach from government investigators, saying the Ninth Circuit's decision affirming his conviction entrenched a circuit split over what kind of conduct actually rises to criminal liability.

  • March 19, 2026

    NC Justices Shouldn't Ax Severance Fight, Ex-CEO Says

    North Carolina's long-arm statute means its business court had jurisdiction to decide a lawsuit filed by the former CEO of a cybersecurity and IT firm over its alleged failure to buy out his equity interest as part of a severance agreement, he has argued to the state's high court in opposition to the company's appeal of a ruling keeping the case in the Tar Heel State.

  • March 19, 2026

    FTC Official Says 'Reverse Acquihires' Come With 'Risk'

    A senior Federal Trade Commission antitrust staffer said Thursday that nothing about "reverse acquihires" should let companies think they can skirt merger scrutiny, arguing in Washington, D.C., remarks that the deals clearly amount to the acquisition of assets covered under U.S. antitrust law.

  • March 19, 2026

    Del. High Court Revives Banker's Pay Claims Against Firm

    The Delaware Supreme Court has revived key claims brought by a former investment firm banker, ruling that a lower court went too far in blocking his case based on earlier findings that he was not a partner at the firm.

  • March 19, 2026

    TriZetto Wants To Expand IP Claims Against Infosys

    Cognizant TriZetto Software Group has asked a Texas federal judge to allow it to amend its trade secret suit against Infosys Ltd., saying a recent discovery has revealed that Infosys' alleged misconduct "goes much deeper."

  • March 19, 2026

    Musk Cases, Atty Fees Draw Spotlight At Tulane Conference

    Two high-profile Delaware Supreme Court decisions involving Elon Musk's Tesla, the "supersize" attorney fee bids in those cases and others, and artificial intelligence's impact on the legal industry were among the hot topics Thursday as Tulane University Law School kicked off its annual Corporate Law Institute.

  • March 19, 2026

    Target Hit With False Ad Suit Over 'Sustainably Caught' Tuna

    Target's representations that its Good & Gather tuna products are "sustainably caught" are nothing but empty promises, as its suppliers use dangerous fishing practices that harm the marine ecosystem and kill endangered sea turtles, whales and dolphins, according to a proposed class action filed Wednesday in California federal court.

  • March 19, 2026

    Insurance Co. Aflac's GC Pay Jumped To $5.9M In 2025

    The general counsel of Georgia-based insurance giant Aflac Inc. got a pay hike in 2025, taking home a total compensation of almost $6 million.

  • March 19, 2026

    Judges Scrutinize DOD's Claim Of Hesai's China Military Ties

    A D.C. Circuit panel on Thursday raised serious questions about the U.S. Department of Defense's broad interpretation of a law used to designate companies as "contributors" to the Chinese military-industrial base, pressing a government attorney on the basis for finding links between Shanghai LiDAR-maker Hesai and the Chinese military.

  • March 19, 2026

    Restaurateurs Say Partner's Past Imperils Liquor License

    The founders of a Pittsburgh restaurant say a third part-owner has jeopardized their business' liquor license by not telling them about his criminal convictions from more than a decade ago and his recent DUI arrests, and they asked a Pennsylvania state court to let them buy him out for a fraction of his original investment.

  • March 19, 2026

    Insurance Execs Ask 11th Circ. To Review Coverage Suit Toss

    Insurance executives accused of sabotaging their former company as they prepared to start a rival firm will ask the Eleventh Circuit to review a lower court ruling that Berkley Assurance Co. did not have to pay for their defense in now-dismissed litigation filed by their ex-employer.

  • March 19, 2026

    Live Nation CEO Says He Can't Recall 'Market Power' Remark

    Live Nation's longtime CEO sparred Thursday with states that say the $36 billion entertainment giant engages in monopolization, telling a Manhattan federal jury the business is a "better mousetrap" than rivals and saying he couldn't recall telling investors the company has "incredible market power."  

  • March 19, 2026

    Del. Suit Targets NC Enviro Co. Charter Shielding Directors

    A stockholder of a North Carolina-based environmental technology business has brought a class action in the Delaware Chancery Court seeking to invalidate a provision in the company's corporate charter that he contends unlawfully shields directors and officers from liability for certain misconduct.

  • March 19, 2026

    AI Musician Cops To $8M Streaming Revenue-Inflation Scam

    A North Carolina man told a Manhattan federal judge on Thursday that he conspired to inflate music streaming payments using an army of fake accounts and artificial intelligence-generated songs, copping to a count of conspiracy and agreeing to forfeit $8 million.

  • March 18, 2026

    Key Details As 3rd Circ. Ponders FCA's Fate, $1.6B J&J Fine

    Third Circuit judges Wednesday explored divergent views of the False Claims Act's constitutionality and a record fraud verdict against Johnson & Johnson, expressing little eagerness to gut the FCA's whistleblower mechanism, and voicing uncertainty about evidence and jury instructions underpinning the drug promotion punishment.

  • March 18, 2026

    Zuckerberg, Snap CEO Likely Must Testify In School MDL Trial

    A California federal judge indicated Wednesday that Meta and Snap's CEOs will likely need to testify in an upcoming school district bellwether trial in the social media addiction multidistrict litigation, and declined Meta's bid to block arbitration demands, saying, "Meta's got plenty of money, go file a motion with the arbitration panel."

  • March 18, 2026

    Southwest Board Beats Suit In First Texas Corporate Law Test

    A Texas federal judge on Tuesday dismissed a derivative suit claiming that Southwest Airlines Co.'s board of directors breached their fiduciary duties by abandoning the airline's famous "Bags Fly Free" policy, ending a significant challenge to the state's new corporate reform law. 

  • March 18, 2026

    'Chicken Soup' Publisher Says AI Cos. Stole Books' Soul

    The publisher of the "Chicken Soup for the Soul" books has accused Google, OpenAI and other Big Tech companies in California federal court of mass copyright infringement, saying the companies downloaded pirated copies of its first-person narrative books so that their artificial intelligence systems could replicate an "authentic human voice."

  • March 18, 2026

    Texas Biz Court's Likely Role In Patent Fights Becoming Clear

    The Texas Business Court has released its first opinion exploring when intellectual property can be used to create jurisdiction, and attorneys say the decision involving state trade secret law offers insight into when patent matters can be pursued there.

  • March 18, 2026

    Capital One Beats Consumer Suit Over Discover Deal, Again

    Capital One has persuaded a California federal judge once again to squash a suit brought by credit card users who say that the company's $35 billion purchase of Discover is bad news for them and ought to be unwound, but the court is giving the consumers one last chance.

  • March 18, 2026

    LA Driver Used $2M COVID Loan For Crypto, DOJ Says

    A Los Angeles man who allegedly took $2 million from federal COVID-19-related relief programs and used the money to fund cryptocurrency trading now faces money laundering, wire fraud and bank fraud charges, according to a Department of Justice announcement issued Wednesday.

  • March 18, 2026

    FINRA Says Compliance Chief Took Part In Pre-IPO Fraud

    The Financial Industry Regulatory Authority has alleged in a disciplinary proceeding that Spartan Capital Securities LLC, its CEO and chief compliance officer defrauded customers by liquidating their own pre-initial public offering shares of a pharmaceutical company more quickly and at a higher price than their customers.

  • March 18, 2026

    Kyndryl Hid Cash Management Malpractice, Investor Claims

    Information technology services company Kyndryl Holdings Inc. and a current and former executive were hit with a proposed shareholder class action accusing them of misleading investors with representations that the company had sufficient control over its cash management practices.

Expert Analysis

  • Privacy Ruling Shows How CIPA Conflicts With Modern Tech

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    A California federal court's recent holding in Doe v. Eating Recovery Center that Meta is not liable for reading, or attempting to read, the pixel-related transmission while in transit reflects a mismatch between the California Invasion of Privacy Act's 1967 origins and modern encrypted, browser‑driven communications, says David Wheeler at Neal Gerber.

  • Rescheduling Cannabis Marks New Tax Era For Operators

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    As the attorney general takes steps to move cannabis from Schedule I to Schedule III of the Controlled Substances Act, operators and advisers should prepare by considering the significant changes this will bring from tax, state, industry and market perspectives, says Michael Harlow at CohnReznick.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • Justices' BDO Denial May Allow For Increased Auditor Liability

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    The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.

  • FTO Designations: Containing Foreign Firms' Legal Risks

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    Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.

  • Class Actions At The Circuit Courts: January Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five rulings from October and November, and identifies practice tips from cases involving consumer fraud, oil and gas leases, toxic torts, and wage and hour issues.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • What Businesses Offering AI Should Expect From The FTC

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    The Federal Trade Commission's move to reopen and set aside an administrative order against Rytr shows that the FTC is serious about executing on the administration's Artificial Intelligence Action Plan, and won't stand in the way of businesses offering AI products with pro-consumer, legitimate uses, say attorneys at Reed Smith.

  • Crypto-Asset Strategy For Corporate Legal Leaders In 2026

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    As digital assets experience increased regulatory clarity, institutional adoption and technological maturity, in-house legal leaders must build strong policies this year and stay engaged with the evolving market to help their companies seize the opportunities of the digital asset era while managing the risks, say attorneys at Foley & Lardner.

  • What US Cos. Must Know To Comply With Italy's AI Law

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    Italy's newly effective artificial intelligence law means U.S. companies operating in Italy or serving Italian customers must now meet EU AI Act obligations as well as Italy-specific requirements, including immediately enforceable criminal penalties, designated national authorities and sector-specific mandates, say attorneys at Portolano Cavallo.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • How 2025 Recalibrated Fair Use For The AI Era

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    Although the Second Circuit's decision last year in Romanova v. Amilus Inc. did not involve artificial intelligence, its formulation of relevant fair use factors provides a useful guide for lower courts examining AI cases in 2026, demanding close attention from legal practitioners on both sides of these disputes, say attorneys at Cleary.

  • 2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

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    Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

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