A U.S. Army soldier must face charges that he profited from insider knowledge of the raid that captured deposed Venezuelan President Nicolás Maduro after a Manhattan federal judge ruled that whether his prediction market trades ran afoul of commodities laws is a question for trial.
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THURSDAY, OCTOBER 29, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Soldier Can't Slip Charges Over Maduro Raid Polymarket Bet

By Aislinn Keely

A U.S. Army soldier must face charges that he profited from insider knowledge of the raid that captured deposed Venezuelan President Nicolás Maduro after a Manhattan federal judge ruled that whether his prediction market trades ran afoul of commodities laws is a question for trial.

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AeroVironment Says It Flagged Space Force Contract Risks

By Tom Lotshaw

AeroVironment Inc. asked a Virginia federal judge to throw out a proposed class action alleging it misled investors about a terminated U.S. Space Force contract worth up to $1.7 billion, arguing it reasonably characterized its contract performance and warned about such risks.

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New Jersey Says DuPont Deal Bars Town's $1B PFAS Claims

By George Woolston

The New Jersey Department of Environmental Protection backed various DuPont entities' bid to toss the remaining claims in a municipality's $1 billion lawsuit over forever chemical contamination stemming from a longtime DuPont facility, arguing that a landmark settlement the state reached earlier this year bars the claims.

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Kreindler Loses Bid To Cut 9/11 Fee Claims

By Jared Foretek

A Washington, D.C., federal judge denied law firm Kreindler & Kreindler LLP's bid to end a lawsuit from the estate of a deceased attorney over 9/11 victim's fund fees, potentially setting up a trial to resolve the 5-year-old litigation.

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POLICY & REGULATION

SpaceX Wants Low-Band Rework In Space Coverage Plan

By Christopher Cole

SpaceX called on the Federal Communications Commission to add a potential spectrum revamp of the lower 900 megahertz band to a proposal the board will consider this week to expand space-based cellphone coverage.

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LITIGATION

Feds Hit With Suit Over Cleanup From Colorado Gunnery Site

By Tom Lotshaw

A former owner of a 105-acre property in Aurora asked a Colorado federal judge to declare the U.S. government liable for $700,000 of costs incurred to investigate and clear old munitions from the site, which was part of a former military range.

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Analysis

3 Federal Circuit Clashes To Watch In November

By Ryan Davis

A high-stakes case that will determine whether the U.S. government should face patent infringement claims over Moderna's COVID-19 vaccines and Labcorp's appeal of a nine-figure patent verdict against it are among the arguments the Federal Circuit will hear in November.

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Feds Settle Suit Over Botched Atlanta VA Hysterectomy

By David Aaro

The federal government reached a deal to end a suit from a patient who claimed a doctor botched her hysterectomy at a Department of Veterans Affairs medical facility in metro Atlanta, according to a Tuesday filing in Georgia federal court.

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Justice Department Inks 1st 'Near-Miss' Nonprosecution Deal

By Hailey Konnath

Software company Extreme Networks Inc. has agreed to pay $975,722 in penalties to put to rest allegations it unlawfully sold to a sanctioned Russian weapons manufacturer as part of a nonprosecution agreement that the U.S. Department of Justice said marks its first "near-miss" case under a new corporate disclosure policy.

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DEALS & CONTRACTS

FCC OKs Amazon's $11.6B Globalstar Satellite Buy

By Nadia Dreid

The Federal Communications Commission has signed off on Amazon.com Inc.'s $11.6 billion plan to buy U.S. satellite company Globalstar Inc., bringing the e-commerce behemoth one step closer to expanding its nascent satellite internet business.

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EXPERT ANALYSIS

DOJ Directive Gives Contractors A Fraud Risk Road Map

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.

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LEGAL INDUSTRY

Judge Hellerstein, Gruff Moderator Of Major Cases, Dies At 92

By Pete Brush

Judge Alvin K. Hellerstein, a former litigator and sometimes impatient Manhattan federal jurist who presided over decades of high-profile cases that often came under close appellate scrutiny, died Wednesday at the age of 92.

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BakerHostetler Malpractice Case To Expand With RICO Claim

By Emily Johnson

A Georgia federal judge has allowed a trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice to file an amended complaint after the trustee asked to add claims of Georgia RICO Act violations.

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Weil To Wind Down As Top Attorneys Abandon Firm

By Daniel Moritz-Rabson, Alex Wittenberg and Aebra Coe

Weil Gotshal & Manges LLP, the restructuring powerhouse that led Lehman Brothers, Enron and General Motors through bankruptcy, told Law360 Pulse Wednesday that the firm is preparing to wind down operations.

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BigLaw Tip Middleman To Admit Role In $3.5M Trading Scheme

By Chris Villani

An alleged middleman in a sweeping scheme to trade off of deal information stolen from major law firms has agreed to plead guilty and potentially faces a prison term of nearly a decade, according to a plea agreement filed Wednesday in Massachusetts federal court.

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Mich. Judge Weighs Toshiba Legal Bills Discovery Fight

By Melanie Dorsey

A Michigan federal judge on Wednesday questioned whether she needs to review specific objections to DTE Electric Co. and Consumers Energy Co.'s multimillion-dollar attorney fee request before deciding whether Toshiba Corp. must disclose its own legal bills and litigation expenses following a nearly $394.4 million jury verdict over a botched power plant overhaul.

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Analysis

Albright Left Key Issue In Billion-Dollar IP Fight Unanswered

By Dani Kass

In May 2025, then-U.S. District Judge Alan Albright watched a jury hold that VLSI Technology is controlled by Fortress Investment Group, but by the time he left the bench in August 2026, the judge had yet to decide whether that ownership would let Intel avoid billions of dollars in patent infringement verdicts.

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Proskauer, Reddit Attys Called To Testify In Data-Scraping Suit

By Bryan Koenig

A New York federal judge on Wednesday called for live testimony from two Proskauer Rose LLP attorneys and Reddit's deputy general counsel as he weighs the law firm's bid to represent Perplexity AI in a lawsuit from Reddit, the firm's former client, over alleged data scraping.

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SC Gov.'s Counsel Still In The Running For Federal Judgeship

By Courtney Bublé

The chief legal counsel for South Carolina Gov. Henry McMaster is "being actively considered" for a federal judgeship, according to the White House, but it's not a done deal yet.

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COMPANIES IN TODAY'S NEWS

3M Co.

AeroVironment Inc.

Amazon.com Inc.

Arbutus Biopharma Corp.

BNP Paribas SA

Citrix Systems Inc.

Coty Inc.

DuPont de Nemours Inc.

Enstar Group Ltd.

Extreme Networks Inc.

Finjan Holdings Inc.

First Brands Group

Fortress Investment Group LLC

Globalstar Inc.

Google LLC

Intel Corp.

Johnson & Johnson

Labcorp Holdings Inc.

Lehman Brothers Holdings Inc.

Medytox Inc.

Meta Platforms Inc.

Moderna Inc.

Platinum Partners LP

Poshmark Inc.

Reddit Inc.

Space Exploration Technologies Corp.

Steward Health Care System LLC

The Chemours Co.

Thoma Bravo LLC

Toshiba Corp.

iRobot Corporation

LAW FIRMS IN TODAY'S NEWS

Agnifilo Intrater

Alston & Bird

Baker & Hostetler

Ballard Spahr

Bartlit Beck

Bernstein Litowitz

Brownstein Hyatt

Bullock Law Firm PC

Burr & Forman

Bush Seyferth

Case Law Group

Cravath Swaine

Dema Law

Foley & Lardner

Geragos & Geragos

Gibson Dunn

Goodwin Procter

Handley Farah

Jenner & Block

Keker Van Nest & Peters

Kelley Drye

Kirsch & Niehaus

Klausner Kaufman

Kreindler & Kreindler

Latham & Watkins

Linley Jones Firm

McGuireWoods

McNair Law Firm

Meyner & Landis

Norris McLaughlin

Paul Weiss

Proskauer Rose

Saxena White

Sidley Austin

Sirianni Youtz

Skadden Arps

Spencer Fane

Stinson LLP

Stroock & Stroock

Sullivan & Cromwell

Weil Gotshal

White & Case

Willkie Farr

WilmerHale

Wollmuth Maher

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Defense Contract Audit Agency

Defense Contract Management Agency

Federal Communications Commission

Federal Trade Commission

Internal Revenue Service

International Trade Commission

Michigan Supreme Court

National Aeronautics and Space Administration

National Institute of Standards and Technology

New Jersey Department of Environmental Protection

Office of Foreign Assets Control

Patent Trial and Appeal Board

U.S. Army

U.S. Army Corps of Engineers

U.S. Attorney's Office for the District of Massachusetts

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

U.S. Department of Defense

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of South Carolina

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

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

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

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 Southern District of New York

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

U.S. Drug Enforcement Administration

U.S. Patent and Trademark Office

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado