Prediction market platform Kalshi Inc. announced on Tuesday that it will start requiring users to verify their employer before they can trade on certain markets, and will further implement features allowing users to directly report suspicious trading activity.
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WEDNESDAY, JUNE 10, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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Kalshi To Start Requiring Employer Info For Certain Markets

By Ganesh Setty

Prediction market platform Kalshi Inc. announced on Tuesday that it will start requiring users to verify their employer before they can trade on certain markets, and will further implement features allowing users to directly report suspicious trading activity.

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DOJ, Contractors Strike $21.3M Deal To Resolve Fraud Claims

By Madeline Lyskawa

The U.S. Department of Justice said Tuesday that two contractors and their executives have agreed to pay $21.3 million to resolve False Claims Act allegations that they improperly secured federal contracts meant for service-disabled veteran-owned small businesses. 

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CIT Judge Skeptical Of Gov't's IEEPA Refund Appeal

By Jack McLoone

A U.S. Court of International Trade judge spent much of an hour-plus hearing Tuesday attempting to talk the federal government out of appealing his order requiring immediate refunds of President Donald Trump's invalidated tariffs, but he seemed to make little headway.

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The Law360 400: A Look At The Top 100 Firms

By Xiumei Dong

The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

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POLICY & REGULATION

FCC Looks To Spur Submarine Cables With New Security Reg

By Nadia Dreid

The Federal Communications Commission will start presuming that submarine cable applications that meet certain qualifications don't have to be referred to the executive branch for national security reviews, if the agency votes yes later this month on the order it'll have before it.

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Canada Extends Loans To Airlines Atop Aviation Fuel Tax Cut

By Kevin Pinner

Canada will provide domestic airlines with up to CA$150 million ($107.5 million) in repayable loans to support the industry through global fuel market volatility after having already cut an excise tax on aviation fuel, the Department of Finance said.

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Emergency Alert Systems Set For FCC Cybersecurity Revamp

By Christopher Cole

The nation's emergency alert services would see cybersecurity upgrades under a new plan put forward this month at the Federal Communications Commission.

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GAO Says Hasty ICE Center Build Risked Safety, Wasted $19M

By Elaine Briseño

A U.S. Government Accountability report released Tuesday revealed that hasty planning led to $19 million in waste tied to fluctuating occupancy and safety issues at U.S. Immigration and Customs Enforcement's largest detention center in El Paso, Texas.

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ENFORCEMENT

2nd Circ. Wary Of Nadine Menendez's Args At Bail Hearing

By Carla Baranauckas

A Second Circuit panel signaled skepticism Tuesday toward Nadine Menendez during a hearing on her bid for bail pending appeal of her bribery conviction, repeatedly questioning her claim that prosecutors had misled her about their plans to use her former lawyer as a witness against her.

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Ex-Fla. Rep. Asks For Trial Redo On Foreign Agent Charges

By David Minsky

A former congressman urged a Florida federal court to overturn a jury verdict finding him guilty of secretly lobbying for Venezuela's leftist regime for $50 million, arguing several missteps by the court resulted in his conviction.

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LITIGATION

CACI Staff Poaching Suit Rests On Overbroad Terms, Co. Says

By Ganesh Setty

A CACI Inc. unit's former subcontractor is urging a Virginia federal court to dismiss the unit's lawsuit accusing the subcontractor of staff-poaching when it became the prime contractor on a successor project for the U.S. Army, arguing the companies' existing nonsolicitation agreement is overbroad.

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Former XAI Engineer Says He Was Fired Over Safety Warnings

By Lauren Berg

A former engineer at Elon Musk's xAI claims he was fired after repeatedly raising concerns about safety, discriminatory bias and other risks associated with the artificial intelligence company's chatbot Grok, according to a lawsuit lodged Tuesday in California state court.

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ITC Judge Won't Let Everspin Out Of Memory Chip IP Case

By Elliot Weld

An administrative law judge at the U.S. International Trade Commission has denied Everspin Technologies' request to shut down a case brought by Avalanche Technology Inc. related to its memory chip patents, after Everspin alleged Avalanche had wrongly paid discounted fees meant for small businesses for years.

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EXPERT ANALYSIS

Checking For AI Errors Is Now A Two-Way Street

A handful of recent federal and state cases demonstrate the importance of checking for errors generated by artificial intelligence not only in your own court submissions, but also your opponent's, as well as when catching opposing counsel's AI mistakes could result in an award for attorney fees, says Tamara Barago at Hollingsworth.

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LEGAL INDUSTRY

Trial Boutiques Roll Out Associate Pay Raises

By Andrea Keckley

Three trial boutiques are planning to bump associate salaries by at least $10,000 next month, the firms confirmed to Law360 Pulse Tuesday.

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Interview

Burford Sees Growing Market For Stakes In Elite Firms

By Marialuisa Taddia

Burford Capital plans to step up minority equity investments in elite law firms in the U.K. and U.S. that already use its litigation finance, as investor appetite for law firm equity increases, the firm's new London-based chief operating officer told Law360.

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Fox Rothschild Sued Over Data Breach Tied To Ransom Group

By Allison Grande

Fox Rothschild LLP was hit with a proposed class action in Pennsylvania federal court Tuesday accusing the national law firm of failing to adequately protect the "highly sensitive and confidential" personal data entrusted to it from being exposed to a prominent ransomware group in a data breach last month. 

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All Attys In Miss. Suit DQd For Back-To-Back-To-Back AI Flubs

By Emily Sawicki

A Mississippi federal judge who found herself in the "unusual scenario" of reviewing briefs with artificial intelligence-created errors filed by both parties in a lawyer's fee dispute against a Magnolia State municipality has terminated all four attorneys from the case.

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Q&A

Next ABA International Ethics Chair Looks To Year Ahead

By Emily Sawicki

Rob Misey, incoming chair of the American Bar Association's International Ethics Committee, brings a passion for international dialogue to his new role, set to begin in September. Misey discussed his goals of initiating ethics conversations throughout the ABA and with counterparts overseas.

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Analysis

Fed. Circ. 'Recalibrates' Analysis For Constitutional Standing

By Dani Kass

The Federal Circuit eased the line between constitutional and statutory standing last month when reviving A.L.M. Holding Co.'s infringement suit against Zydex Industries Private Ltd., in a decision attorneys say makes standing more accessible and clarifies how patent licensors can maintain their rights.

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5 Firms Barred From Handling NFL Parkinson's Claims

By P.J. D'Annunzio

Five law firms have been disqualified from representing claimants seeking NFL concussion settlement funds for running a scheme that "laundered" questionable Parkinson's disease claims through the system to obtain $95 million, including $20 million in fees, a special masters' report issued Monday says.

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Pa. Law Firm Calls Uber and FedEx's RICO Suit A 'Sham'

By James Boyle

Nearly a month after its motion to dismiss a RICO suit filed by Uber and FedEx was denied by a Philadelphia federal judge, personal injury firm Simon & Simon PC has lodged a counterclaim against the companies, saying their complaint is a "frivolous sham."

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Senate Confirms Longtime Kan. Prosecutor, KBI Chief To Bench

By Courtney Bublé

The Senate voted 51-46, along party lines, on Tuesday to confirm Tony Mattivi, director of the Kansas Bureau of Investigation, to serve on the bench in the District of Kansas.

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COMPANIES IN TODAY'S NEWS

Acquira

Advanced Bionics AG

American Bar Association

Burford Capital LLC

Burke Inc.

CACI International Inc.

FedEx Corp.

Ingevity Corp.

Kalshi Inc.

NFL Enterprises LLC

Space Exploration Technologies Corp.

Uber Technologies Inc.

Union Internationale des Avocats

WestRock Co.

LAW FIRMS IN TODAY'S NEWS

Ahmad Zavitsanos

Akerman LLP

Akin Gump

Alston & Bird

ArentFox Schiff

Arnold & Porter

Baker & Hostetler

Baker Donelson

Baker McKenzie

Ballard Spahr

Baratta Law

Barnes & Thornburg

Blank Rome

Boies Schiller

Bradley Arant

Bricker Graydon

Buchalter LLP

Carlton Fields

Christian & Small

Clark Hill

Cleary Gottlieb

Cooley LLP

Covington & Burling

Cozen O'Connor

Crowell & Moring

DLA Piper

DWF LLP

Daniel Williams & Associates

Davis Polk

Davis Wright Tremaine

Debevoise & Plimpton

Dechert LLP

Dentons

Dilworth Paxson

Dinsmore & Shohl

Dorsey & Whitney

Duane Morris

Elsberg Baker

FBT Gibbons

Faegre Drinker

Federman & Sherwood

Fenwick & West

Fish & Richardson

Fisher & Phillips

Foley & Lardner

Fox Rothschild

Frederick M. Lehrer Attorney at Law

Fried Frank

Gibson Dunn

Goodwin Procter

Gordon Rees

Greenberg Traurig

Haynes Boone

Hogan Lovells

Holland & Knight

Hollingsworth LLP

Honigman LLP

Hunton Andrews

Husch Blackwell

Jackson Lewis PC

Jones Day

Jones Walker LLP

K&L Gates

Katten Muchin

Kilpatrick Townsend

King & Spalding

Kirkland & Ellis

Kopelowitz Ostrow

Kutak Rock

Latham & Watkins

Lewis Brisbois

Littler Mendelson

Mayer Brown

Maynard Nexsen

McDermott Will & Schulte

McGuireWoods

Milbank LLP

Milberg PLLC

Morgan & Morgan PA

Morgan Lewis

Morrison & Foerster

Nelson Mullins

Nixon Peabody

Norton Rose

O'Melveny & Myers

Ogletree Deakins

Orrick Herrington

PCB Byrne

Paul Hastings

Paul Weiss

Perkins Coie

Pillsbury Winthrop

Polsinelli PC

Proskauer Rose

Quinn Emanuel

Quintairos Prieto

Reed Smith

Reinhart Boerner

Ropes & Gray

Sanford Heisler

Schertler Onorato

Seyfarth Shaw

Sheppard Mullin

Shook Hardy

Sidley Austin

Simon & Simon PC

Simpson Thacher & Bartlett

Skadden Arps

Spencer Fane

Squire Patton

Sterne Kessler

Sullivan & Cromwell

Taft Stettinius

Tensegrity Law

Troutman

Venable LLP

Vinson & Elkins

Watkins Calcara

Weil Gotshal

White & Case

Wilkinson Stekloff

Willkie Farr

WilmerHale

Wilson Elser

Wilson Sonsini

Winston Taylor

Withersworldwide

Womble Bond

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

European Union

Federal Bureau of Investigation

Federal Communications Commission

Internal Revenue Service

International Trade Commission

Kansas Attorney General's Office

Small Business Administration

U.S. Army

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

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

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

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

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Customs and Border Protection

U.S. Department of Defense

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Arizona

U.S. District Court for the District of Columbia

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

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

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

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

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

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

U.S. District Court for the Southern District of Florida

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

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Senate

U.S. Supreme Court

Unified Patent Court