A federal judge in Manhattan set a December trial date Monday in a "novel" and "complex" insider trading case against a U.S. Army soldier accused of unlawfully profiting off prediction market bets based on his knowledge of the January capture of deposed Venezuelan President Nicolás Maduro.
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TOP NEWS

Soldier's Maduro Raid Betting Case Set For December Trial

By Stewart Bishop

A federal judge in Manhattan set a December trial date Monday in a "novel" and "complex" insider trading case against a U.S. Army soldier accused of unlawfully profiting off prediction market bets based on his knowledge of the January capture of deposed Venezuelan President Nicolás Maduro.

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Judge Backs Air Force's Rejection Of Space Co. Over Iran Ties

By Ganesh Setty

The U.S. Air Force was justified in not awarding a contract to a Colorado-based spaceflight company after determining it posed a national security risk due to its co-founders' ties to Iran, the U.S. Court of Federal Claims ruled.

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Boat Strike Victims' Suit Should Be Tossed, Feds Say

By Carolyn Muyskens

The federal government has asked a Massachusetts judge to throw out a lawsuit filed by family members of men killed in a U.S. boat strike near Venezuela last fall, saying venue and standing issues doom the claims.

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White & Case, Reed Smith Lead $1.2B Space SPAC Deal

By Jarek Rutz

Spacecraft developer Quantum Space LLC said Monday it plans to go public through a merger with Inflection Point Acquisition Corp. VI, a special purpose acquisition company, in a deal that values the combined company at about $1.2 billion and would give the business new funding to build out its national security-focused spacecraft platform.

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POLICY & REGULATION

FCC Needs To Clarify Router Ban's Scope, Tech Retailers Say

By Christopher Cole

Retailers are worried about the effect of a Federal Communications Commission effort to clamp down on foreign-made routers sold to consumers, saying the agency needs to better define the range of products covered by the new restrictions, which are aimed at reducing device security risks.

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LITIGATION

AIPLA, NAM Rally Behind Moderna's Fight Over Vax Patents

By Theresa Schliep

The American Intellectual Property Law Association, National Association of Manufacturers and others urged the Federal Circuit to undo a lower court's ruling that Moderna, and not the government, must face a multibillion-dollar patent infringement suit over its COVID-19 vaccine.

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Cybersecurity Worker's Early Win Bid Premature, Court Says

By Benjamin Morse

A Colorado federal judge has denied a former cybersecurity worker's bid to knock out several affirmative defenses raised by a U.S. Department of Defense contractor against his whistleblower retaliation suit, saying the worker filed the bid before giving the court a chance to weigh in on pre-motion letters.

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Archer Can't Ditch Trimmed Joby Air Taxi Trade Secrets Suit

By Linda Chiem

A California federal judge has said Joby Aviation can forge ahead with a pared-down lawsuit alleging rival electric air taxi developer Archer Aviation misappropriated its trade secrets, but has tossed Archer's "shotgun pleadings" counterclaims alleging Joby misclassified imports to evade tariffs and concealed its China ties.

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GAO

GAO Denies Protest Of $7.5M Navy Contract

By Elaine Briseño

The U.S. Government Accountability Office rejected a marine gear company's protest over the awarding of a contract for safety suits, finding the U.S. Navy properly evaluated the estimated costs submitted with the $7.52 million winning proposal.

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DEALS & CONTRACTS

Brief

Freshfields-Led Arcline Bids $535M For Continental Aerospace

By Nate Beck

Freshfields LLP advised private equity firm Arcline Investment Management on a proposed acquisition of aircraft parts maker Continental Aerospace Technologies in a $535 million deal.

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PEOPLE

Womble Bond Adds Alston & Bird Patent Atty To IP Team

By Emily Johnson

Womble Bond Dickinson has brought on an Alston & Bird LLP partner to its Atlanta office, strengthening its patent prosecution and litigation practice.

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LEGAL INDUSTRY

Gibson Dunn, PE Firm Pay Charity $1M For Knicks VIP Seats

By Dorothy Atkins

Gibson Dunn and private equity firm Veritas Capital split the $1 million winning bid for two "Celebrity Row" seats in a Knicks fundraiser ahead of Game 3 of the NBA Finals between the New York Knicks and the San Antonio Spurs, the team's parent company announced Monday.

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Groom Law Joins Firms Matching New Milbank Associate Pay

By Tracey Read

Washington, D.C.-based Groom Law Group is the latest firm to match a new pay scale for associates that was set earlier this month by Milbank LLP, according to media reports Monday.

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9th Circ. Judge Faces Inquiry, Charges After Idaho Altercation

By Lauren Berg

The Ninth Circuit on Monday identified a judicial misconduct complaint against U.S. Circuit Judge Ryan D. Nelson after he was charged with misdemeanor battery stemming from an argument in an Idaho Falls parking lot that ended with him allegedly stomping a man's eyeglasses on the asphalt.

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Analysis

How A Texas Pastor Beat Mark Zuckerberg In Landmark Trial

By Craig Clough

Jurors who reached a landmark $6 million verdict in March finding Meta Platforms Inc. and Google liable for harming a teen's mental health didn't find Mark Zuckerberg credible, an impression that the plaintiff's attorney Mark Lanier credited to putting the well-prepared executive off his guard.

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King & Spalding May Be Sanctioned In $300M Fraud Lawsuit

By Aaron Keller

Two King & Spalding LLP partners face a sanctions hearing in a $300 million fraud lawsuit to determine whether they violated a rule requiring candor to the tribunal by falsely claiming attorneys for other parties were copied on letters to two Connecticut jurists, according to two state court orders.

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Another Lawmaker Joins Impeachment Push For Ga. Judge

By Courtney Bublé

A Republican House member on Monday introduced articles of impeachment for U.S. District Judge Eleanor Ross of the Northern District of Georgia after she was reprimanded for having sex with a police officer in her chambers within earshot of staff.

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Colorado Gov. Signs Bill Banning Fee Sharing With Non-Attys

By Emma Cueto

Colorado has enacted a ban on lawyers sharing fees with nonlawyer-owned firms, such as alternative businesses in Arizona, as well as a prohibition on deals with managed services organizations that involve paying a percentage of firm income.

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Brief

Todd Blanche Officially Nominated To Be AG

By Courtney Bublé

President Donald Trump on Monday officially nominated Todd Blanche to be attorney general.

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Trump Taps DC Appeals Court Picks To Fill Final Vacancies

By Courtney Bublé

President Donald Trump has announced two picks for the D.C. Court of Appeals, which will fill the remaining vacancies on the District of Columbia's top court.

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Mich. Dems Back Trump Judicial Pick After Blue-Slip Review

By Courtney Bublé

Michigan's Democratic U.S. senators, Gary Peters and Elissa Slotkin, announced on Monday they've returned their blue slips for the nomination of Michael Martin, a veteran career prosecutor, to be a judge in the Eastern District of Michigan.

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Chapman Law School Dean Says He Was Fired For Being Gay

By Hailey Konnath

The former dean of Chapman University's Dale E. Fowler School of Law says the university unlawfully fired him because he's gay and married to a man, according to a complaint filed in California state court.

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NJ Senators Advance Litigation Funding Disclosure Bill

By Carla Baranauckas

New Jersey state senators on Monday advanced legislation that would require disclosure of third-party litigation funding agreements over the objections of trial lawyers and litigation finance representatives, who warned that the bill could discourage funding for plaintiffs involved in costly cases.

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Law Student's Kirk Comment Discipline Stays During Appeal

By Spencer Brewer

A Texas federal judge on Monday kept intact a reprimand against a law student who allegedly celebrated following the death of Charlie Kirk during an appeal, saying that the student "again seeks the wrong remedy" in her request.

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100+ Ex-Prosecutors Question Chicago US Atty's Leadership

By Celeste Bott

More than 100 former Illinois federal prosecutors issued a statement Monday saying there's been a "failure of leadership" in the U.S. attorney's office in Chicago and that "once-forbidden political considerations are infecting prosecutorial decisions" in the wake of an Illinois federal judge accusing the office of mishandling grand jury proceedings in a case against six immigration activists.

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SCOTUSblog Founder Goldstein's Sentencing Delayed To July

By Jared Foretek

A Maryland federal judge has agreed to push SCOTUSblog founder Thomas Goldstein's sentencing to July, after federal prosecutors speculated that his defense attorneys might come to the previously scheduled June hearing and declare that they aren't ready to proceed.

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Titan Of The Plaintiffs Bar: Lieff Cabraser's Elizabeth Cabraser

By Emily Field

When Elizabeth Cabraser began working with Robert Lieff as a clerk at his small practice in Northern California in the late 1970s, fresh out of law school, her job was to help him dispose of his remaining cases so he could retire early and become a winemaker.

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COMPANIES IN TODAY'S NEWS

APC

Above the Law

American Civil Liberties Union

American Intellectual Property Law Association

Apple Inc.

Arbutus Biopharma Corp.

Archer Aviation Inc.

Arcline Investment Management LP

Axos Financial Inc.

Bragg

CVS Health Corp.

Center for Constitutional Rights

Consumer Technology Association

Fort Point Capital

Gerald Holdings LLC

Google LLC

Hong Kong Exchanges and Clearing

Instagram Inc.

InterContinental Hotels Group PLC

International Legal Finance Association

Joby Aero Inc

Johnson & Johnson

LinkedIn Corp.

Madison Square Garden Entertainment Corp.

Merck & Co. Inc.

Meta Platforms Inc.

Moderna Inc.

Moelis & Co.

NETGEAR, Inc.

Nasdaq Inc.

National Association of Manufacturers

National Association of Mutual Insurance Companies

New Jersey Association for Justice

New Jersey Chamber of Commerce

New Jersey State Bar Association

New York Knicks

New York Rangers

Nokia Corp.

San Antonio Spurs

Serco Group PLC

State Bar of California

State Bar of Georgia

The Boeing Co.

Veritas Capital Fund Management LLC

Volkswagen AG

Walmart Inc.

YouTube Inc.

LAW FIRMS IN TODAY'S NEWS

Agnifilo Intrater

Allegaert Berger

Alston & Bird

Axinn Veltrop

Barley Snyder

Cooley LLP

Crowell & Moring

DLA Piper

Dechert LLP

Duane Morris

Eversheds Sutherland

Faegre Drinker

Freshfields

Geragos & Geragos

Gibson Dunn

Goodwin Procter

Groom Law Group

Haun Mena

Holland & Knight

Hueston Hennigan

Katten Muchin

King & Spalding

Lennon Murphy

Lieff Cabraser

McCarter & English

McDermott Will & Schulte

Milbank LLP

Motley Rice

Munger Tolles

Ogborn Mihm

Quinn Emanuel

Reed Smith

Seyfarth Shaw

Shook Hardy

Smith Woolf

Torridon Law

White & Case

Williams & Connolly

Williams Mullen

WilmerHale

Womble Bond

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Defense Advanced Research Projects Agency

European Union

Executive Office for U.S. Attorneys

Federal Acquisition Regulatory Council

Federal Bureau of Investigation

Federal Communications Commission

Illinois General Assembly

Internal Revenue Service

Missile Defense Agency

National Aeronautics and Space Administration

U.S. Air Force

U.S. Army

U.S. Attorney's Office

U.S. Attorney's Office for the Northern District of Illinois

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Defense

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of Louisiana

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. Government Accountability Office

U.S. Immigration and Customs Enforcement

U.S. Navy

U.S. Secret Service

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the District of Colorado