JPMorgan, Ex-Frank Execs Clash Over $2.1M In Legal Fees

By Jarek Rutz

JPMorgan Chase & Co. faced renewed demands in the Delaware Chancery Court on Thursday to pay about $2.1 million in withheld legal fees for convicted Frank founder Charlie Javice and former executive Olivier Amar, as their lawyers accused the bank of using repeated billing objections to delay funding for their criminal defenses.

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Treasury Proposes Barring Big Investors From Buying Homes

By Isaac Monterose

The U.S. Department of the Treasury has proposed a rule that would bar large institutional investors from buying single-family homes, absent specific exceptions, saying Thursday that the proposal aims to "make homeownership more affordable for hardworking Americans."

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Epstein Aides Deny NM's Claims They Enabled Sex Trafficking

By Andrea Keckley

The co-executors of Jeffrey Epstein's estate on Wednesday denied allegations in a new federal lawsuit that they enabled the financier's expansive sex trafficking operation, with their counsel questioning the New Mexico attorney general's motivations for filing it.

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Fintech EarnIn Sues Maryland Over Tip Ban, License Delay

By Katryna Perera

EarnIn, a financial technology company that lets workers access their wages before payday, has sued the Maryland attorney general and the state's financial regulation commissioner, arguing that a new state law banning earned wage access providers from soliciting tips violates the First Amendment.

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5th Circ. Orders New Look At IRS' Loss On FBAR Jury Rights

By Kat Lucero

A Texas federal court must revisit its 2025 ruling that the IRS violated a woman's jury-trial rights by imposing a $1 million civil penalty for failing to report foreign bank accounts, the Fifth Circuit said, ordering another review in light of a U.S. Supreme Court decision.

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EMortgage Seeks Exit From Proposed Text Ads Class Action

By Isaac Monterose

Mortgage lender eMortgage Funding LLC has urged a Washington federal court to dismiss a proposed class action that accuses the company of violating the Telephone Consumer Protection Act and state law by sending unwanted advertising texts and calls to consumers.

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2 Ex-Siemens VPs Claim Layoff Targeted Older Execs

By George Woolston

Two former vice presidents for Siemens Financial Services Inc. alleged in New Jersey state court that the company used a May 2026 reduction in force as pretext to get rid of older employees and those with serious medical conditions in violation of the state's discrimination law.

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9F, Investors Reach $6.5M Deal To End IPO Fraud Claims

By Katryna Perera

Investors of Chinese fintech 9F Inc. have reached a $6.5 million deal with the online lending platform to resolve claims that the company hid its financial woes and failed to disclose an "illegal arrangement" that investors said it had with an insurance carrier.

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Deals Rumor Mill

PE Giants In Talks With NFL As Nscale Gets Heat Over IPO

By Al Barbarino

Blackstone and Apollo are in talks with the NFL about potential investment in teams, Nscale is working on a potential $45 billion deal to provide Anthropic with compute power as the data center developer faces questions over its lofty IPO valuation, and private equity-backed financial technology company IntraFi could be up for sale valued at more than $10 billion. 

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Navigating Dueling Regulations For Bank Investment Advisers

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.

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Opinion

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

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.

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Series

Being In The Peace Corps Made Me A Better Lawyer

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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Are You Happy With Your In-House Role? Take Our Survey

Is your company giving you everything you need to succeed? What are some misconceptions about working in-house? Help Law360 Pulse answer these questions and more in this year's In-House Satisfaction Survey.

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Weil Merger Talks With Willkie End, Another Partner To Leave

By Daniel Moritz-Rabson

Weil Gotshal & Manges LLP and Willkie Farr & Gallagher LLP have ended merger discussions and another top Weil partner is set to depart the firm, sources with knowledge on the matters told Law360 Pulse on Friday.

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Q&A

Holland & Knight Legal Profession Head On MSO Dealmaking

By Al Barbarino

Holland & Knight LLP partner Trisha Rich is at the forefront of the firm's work in a fast-growing corner of the legal industry, advising law firms setting up management services organizations, or MSOs, as well as the investors looking to buy into them.

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Trump Adviser Ducking Service In Exec Orders Suit, ABA Says

By Jack Karp

Trump attorney Boris Epshteyn has evaded service of subpoenas, so the American Bar Association should be allowed to pursue alternative means of serving him in its lawsuit over President Donald Trump's efforts to intimidate BigLaw firms, the organization is telling a Washington, D.C., federal judge.

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Mass. Judge Jailed Atty For 'Attitude,' Ethics Complaint Says

By Julie Manganis

A former Massachusetts state court judge placed a public defender into custody for hours over his "attitude" during a March 2025 hearing, the state's judicial conduct commission has said in a disciplinary complaint.

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SEC Fights LSU Claim That Case Citations Were 'Hallucinated'

By Alex Lawson

The Southeastern Conference is disputing claims that it submitted "hallucinated" case citations in its lawsuit challenging Louisiana State University's efforts to add former professional players to its sports teams, urging an Alabama federal judge to strike the allegations.

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Insurer Says NY Firm Staged Accidents For Suits

By Danielle Ferguson

A reinsurance company has filed another complaint accusing a New York personal injury law firm of recruiting workers to stage injuries in support of meritless claims, a few months after the Second Circuit dismissed similar claims because the insurer didn't have any direct injuries to bring a racketeering suit. 

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Ex-DOJ Officials And Judicial Nominees Vie For Office

By Courtney Bublé

Hundreds of candidates are on the ballot in the midterm elections, happening in less than two weeks, and among them are former U.S. Department of Justice officials and unsuccessful judicial nominees.

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9th Circ. Judge Hints Trump US Atty Firing OK Despite 'Chaos'

By Rachel Riley

A Ninth Circuit judge remarked on Friday that President Donald Trump's ouster of court-appointed Seattle U.S. Attorney Roger Rogoff has sown "chaos," but pushed back against Rogoff's contention that the move amounted to executive overreach, noting that the president already controls the office via the attorney general.

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NY Commercial Attys Must Justify Discovery Cost Bids Early

By Andrea Keckley

New York Courts Chief Administrative Judge Joseph A. Zayas said in an administrative order earlier this month that commercial litigators who want opposing counsel to fund some or all of the discovery process must state their basis for the request and provide a "good faith" estimate of the costs.

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Law360's Legal Lions Of The Week

By Kevin Penton

McGinn Montoya Love Curry & Sievers PA and DiCello Levitt lead this week's edition of Law360 Legal Lions, after a New Mexico federal judge ordered Meta to pay $25 billion over the lies that the social media giant offered the public regarding its data privacy practices.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Meta's legal chief says the company will appeal a $25 billion verdict involving data privacy practices including the Cambridge Analytica scandal. And a new study shows that while in-house starting salaries are staying stable, adding special skills like AI expertise can lift them higher.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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