Nvidia Corp.'s board of directors and its executive leadership team are facing a lawsuit in California federal court accusing them of earning $2 billion in insider trades while ignoring red flags about an affair that now-ousted CEO Jensen Huang had with an alleged Chinese spy.
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TOP NEWS

Nvidia Investor Sues Board Over Ex-CEO's Alleged Spy Affair

By Jessica Corso

Nvidia Corp.'s board of directors and its executive leadership team are facing a lawsuit in California federal court accusing them of earning $2 billion in insider trades while ignoring red flags about an affair that now-ousted CEO Jensen Huang had with an alleged Chinese spy.

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Alphabet Board Accused Of Ignoring 'Blazing Red' AI Flags

By Bonnie Eslinger

Alphabet's Board is ignoring red flags that the Google parent is misleading the public and unlawfully training its artificial intelligence models on creative works, images and voiceprints resulting in a costly "tidal wave of litigation" for copyright and biometric information infringement, a derivative lawsuit filed in California federal court alleges.

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Anthropic, OpenAI Face Suit To Halt 'Insane' AI Development

By Dorothy Atkins

Nonprofits sued Anthropic, Google, Meta Platforms, OpenAI and SpaceXSI in California state court Thursday seeking to freeze the "insane" and "dangerous" development of advanced artificial intelligence that can escape human control, arguing the companies have no realistic way to stop the "catastrophic" events their own executives predict could occur.

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Judge Favors Arbitration Of Ex-Jackson Lewis Atty's Bias Suit

By Grace Elletson

A California federal judge appears poised to back Jackson Lewis' bid to force a disability bias suit from one of its former attorneys into arbitration, according to a tentative Thursday order which said he's not persuaded that a law barring mandatory arbitration of sexual harassment disputes covered her case.

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Patagonia Cites Market Confusion In IP Row With Pattie Gonia

By Craig Clough

Clothing brand Patagonia asked a California federal judge Wednesday to rule that drag queen and environmental activist Pattie Gonia infringed its trademarks, arguing that consumer surveys show confusion over whether Patagonia was behind the branded merchandise and that the claimed parody still leaves the merchandise subject to trademark law.

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REAL ESTATE & DEVELOPMENT

5 Firms Guide CareTrust's $638M Stock Offering

By Isaac Monterose

Healthcare-focused real estate investment trust CareTrust REIT Inc. is offering 17 million common shares for $637.5 million in a public stock offering that's being guided by O'Melveny & Myers LLP, DLA Piper LLP, Kirkland & Ellis LLP, Jones Day and Latham & Watkins LLP.

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PRIVACY & CONSUMER PROTECTION

TikTok Backs School District In MDL Trial Witness Fight

By Dorothy Atkins

School district plaintiffs on Wednesday opposed a bid by YouTube, Snap and Meta to exclude late-disclosed witnesses from an upcoming bellwether trial in social media addiction multidistrict litigation, noting that defendant TikTok agreed the school district witnesses can be added if TikTok USDS Joint Venture's new CEO can testify as well.

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INTELLECTUAL PROPERTY

Coldwell Banker's Trade Secrets Win In Calif. Reversed

By Craig Clough

A split California state appeals court panel has reversed a directed verdict win for Coldwell Banker and some employees accused of stealing trade secrets from a rival real estate company, finding a lower court judge imposed an unreasonable trial time limit and forced the rival to rest before it could finish presenting its case.

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Masimo, ITC Tell Justices To Skip Apple Watch Ban Appeal

By Adam Lidgett

Masimo Corp. and the U.S. International Trade Commission said Thursday that the U.S. Supreme Court should ignore Apple's arguments that the Federal Circuit degraded the agency's domestic industry requirement by sustaining a finding that Apple watches infringed a pair of patents.

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EMPLOYMENT & BENEFITS

NLRB Rejects Stanford's Student Union Challenge

By Braden Campbell

The National Labor Relations Board on Thursday denied Stanford University's call to rethink precedent empowering certain college student workers to unionize, noting a group of resident assistants withdrew the representation petition the challenge was based on.

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Adidas Complaint Response Was Wanting, Ex-Worker Testifies

By Cara Salvatore

A former senior Adidas employee staffed on a Beyoncé partnership testified Thursday in her Oregon retaliation trial that she was not regularly updated by human resources as to the status of her complaints regarding another employee who allegedly called her a racial slur.

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COMPETITION

3 Vape Distributors Reach Deal To Flee Price-Fixing MDL

By Jonathan Capriel

Several cannabis vape distributors have reached a deal that would allow them to escape part of a sprawling multidistrict litigation accusing them of price-fixing CCell-branded hardware, asking a California federal court to give them until early next month to finalize the agreement.

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GOVERNMENT CONTRACTS

NYC, LA, Other Cities Seek To Halt Latest HUD Grant Terms

By Rachel Riley

New York, Los Angeles, Chicago and dozens of other cities across the country that have challenged the Trump administration's grant restrictions are asking a Washington federal judge to block a new round of funding conditions from the U.S. Department of Housing and Urban Development.

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PEOPLE

Paul Weiss Hires S&C Duo For New Silicon Valley Office

By Bonnie Eslinger

Paul Weiss Rifkind Wharton & Garrison has launched a new office in Silicon Valley and its first two partners are Nader Mousavi and Mark Schenkel, prominent corporate dealmakers from rival Sullivan & Cromwell, according to a person familiar with the expansion.

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Skadden Recruits Weil Trio For PE, Sports And IP Practices

By Jack Rodgers

Skadden Arps Slate Meagher & Flom LLP will be home to three former Weil Gotshal & Manges LLP private equity, sports and intellectual property lawyers, days after Weil partners voted to dissolve the firm.

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McGuireWoods Taps Financial Pro From Northern Trust Arm

By Andrea Keckley

McGuireWoods LLP announced Thursday that it has hired a chartered financial analyst from 50 South Capital Advisors LLC, the alternative-investments arm of Northern Trust, to help the firm develop its strategic private markets platform.

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EXPERT ANALYSIS

8 Ways To Prep For Calif. Fair Mortgage Lending Exams

California financial institutions face a new fair lending examination framework in January that adds formal reviews for certain banks and makes violating applicable mortgage nondiscrimination laws independently enforceable under California banking statutes, say attorneys at Alston & Bird.

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Opinion

Large Meta Penalties Shouldn't Shape State AG Playbook

Meta Platforms' $17.1 billion settlement in California federal court and two New Mexico verdicts against the company resulting in large penalties are drawing renewed attention to the question of how state attorneys general should calculate civil penalties, but regulators and companies should treat the decisions as outliers, not a template, say attorneys at Troutman.

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LEGAL INDUSTRY

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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Crowell & Moring Finance Litigation Head Joins Norton Rose

By Andrea Keckley

Norton Rose Fulbright has welcomed the New York-based head of financial services litigation at Crowell & Moring LLP as a partner, saying his hire will bolster its services to corporations, financial institutions and private capital clients.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen Olympic gold medalist Daley Thompson target gym chain Hybrid Fitness for an alleged breach of contract, investor claims continue to mount against building materials giant Kingspan, and real estate magnate Mike Kohan be sued by property lender Decama Finance.

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Longtime DC Steptoe Partner Joins Potomac Law Group

By Jack Rodgers

An attorney who spent more than 28 years as of counsel for Steptoe LLP's complex commercial litigation team has moved to Potomac Law Group's office in Washington, D.C., the firm announced Friday.

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Memories Of Weil: From Childbirth To The Lehman Bankruptcy

By Aebra Coe

Those who worked within the walls of Weil Gotshal & Manges LLP over its 95-year history have built up countless personal and professional memories. Here, six former attorneys and staff share some of their top memories.

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Analysis

How AI Became The 'Backseat Driver' In Settlement Talks

By Chris Villani

Attorneys say the ubiquitous use of artificial intelligence by clients has put up barriers to resolving cases by giving litigants unrealistic expectations about their claims, introducing inaccurate or irrelevant case law, and making them second-guess their hired legal counsel more often.

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Hall Booth Beats Appeal Over Failed DQ Bid In Med Mal Suit

By George Woolston

A New Jersey appellate panel rejected a bid to disqualify Hall Booth Smith PC from representing a hospital and healthcare company in a medical malpractice suit, finding that the firm's prior representation of another defendant in the case is not materially adverse to the interests of its current clients.

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Law360's Legal Lions Of The Week

By Kevin Penton

DLA Piper and Bradley Arant Boult Cummings LLP lead this week's edition of Law360 Legal Lions, after a Massachusetts federal judge said she would reduce an $88 million verdict awarded to an Alabama couple in the first bellwether hernia mesh trial against Medtronic subsidiary Covidien LP.

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Kasowitz Denies Columbia Students' Deal Overcharge Claims

By Adrian Cruz

Kasowitz LLP asked a New York state judge Friday to dismiss a suit by a group of Columbia University students accusing it of wrongfully taking more than $6 million from a 2025 settlement in a suit over alleged antisemitism on campus, calling the complaint a "publicity stunt" that fails to prove the firm engaged in malpractice.

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Beltway Moves: Weil, Dechert, WilmerHale

By Alison Knezevich

Washington, D.C., attorneys from Weil Gotshal & Manges LLP continued to land new roles in some of the most recent legal industry hiring developments in the nation's capital.

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Judge Says Email, Not Bias, Cost Public Defender His Job

By Kelcey Caulder

A federal magistrate judge recommended that the Georgia Public Defender Council be freed from an attorney's suit alleging he was fired for complaining about racial bias and then hit with a retaliatory bar complaint, finding that an email he sent to his colleagues was what actually led to his termination.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

The top story of the week – the spy and romance thriller at AI chipmaker Nvidia – continues to unfold in layers, as the company hired Wachtell Lipton to probe its involvement in possible national security violations, saw its CEO resign in disgrace, tried to defend its general counsel's intervening in a related China inquiry, was pulled into congressional investigations, and faced an investor's lawsuit over the mess.

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Western Va.'s Top Federal Prosecutor Latest To Face DQ Bid

By Jack Karp

The lawyer leading the U.S. Attorney's Office for the Western District of Virginia is the latest top federal prosecutor to have the legality of their appointment challenged in court, as a defendant in a gun case claims the office's leader was placed through a series of "machinations," "games" and "cynical measures."

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ABA Council Backs Law School Course, Faculty Rule Changes

By Emma Cueto

The American Bar Association council that handles law school accreditation voted Friday to relax standards related to online course credits and courses taught by full-time faculty, requirements that critics have claimed contributed to higher tuition rates.

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Fox Rothschild Fights Revival Of Malicious Prosecution Suit

By Rose Krebs

Fox Rothschild LLP is urging a New Jersey state court to deny an adult daycare company's bid to undo the toss of its malicious prosecution suit against the firm and one of its attorneys, saying the court didn't err in dismissing the complaint.

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Mich. State Police Chief Can't Shake Ex-Aide's Distress Claim

By Melanie Dorsey

A Michigan State Police director must face an emotional distress claim brought by his former executive assistant, a state Court of Claims judge has determined, finding that she sufficiently alleged Col. James Grady threatened her with a baseless internal investigation unless she accepted a demotion reducing her hourly pay by $8.

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How Nonprofits Are Adjusting To A New Pro Bono Landscape

By Alison Knezevich

Legal advocacy groups face a changed pro bono landscape during Trump's second administration. With some large firms avoiding cases against the federal government, nonprofit leaders say they are developing volunteer networks, relying on smaller shops and solo practitioners, and leaning more on their own staff attorneys to carry the pro bono load. 

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AI Played Key Role In Miami Boat Crash Acquittal, Atty Says

By Carolina Bolado

Artificial intelligence tools played a key role from jury selection to closing statements in a recent high-profile criminal trial over a boat crash that killed one teenager and left another permanently disabled, the defense attorney who secured a not guilty verdict said Friday during a panel discussion in Miami on AI in litigation.

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Mich. Tribal, State Courts Both Aim To Tackle Legal Deserts

By Susan Smiley

The newly named co-chairs of the Michigan Tribal State Federal Judicial Forum, Judge Carol Montavon Bealor and Judge Hannah Bobee, agree their respective court systems share one crisis: a lack of attorneys in rural areas.

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Balancing The Scales: Trans Prisoner Care, Immunity In Mich.

By Orlando Lorenzo

The U.S. Supreme Court has allowed gender transition medical services to continue to be offered in federal prisons, and the Sixth Circuit ruled that prison officials in Michigan can't claim immunity from allegations that they knew of mold contamination that led to seizures and respiratory issues among incarcerated women.

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Arizona Law Clinic Takes Legal Aid For Veterans On The Road

By Marco Poggio

Law students and their supervising attorneys drive hours from Tucson to bring free legal help to veterans in rural Arizona. On the Hopi Reservation, the University of Arizona's Veterans' Advocacy Law Clinic works with tribal partners to help veterans file disability claims and seek discharge upgrades that could open the door to benefits.

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Raskin Seeks Judiciary Gavel, High Court Ethics Curbs

By Courtney Bublé

In making his bid to be elected House Judiciary chair, Rep. Jamie Raskin, D-Md., on Friday said ethics reforms for the U.S. Supreme Court are among his top priorities.

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Goodwin Taps Simpson Thacher For Insider Trading Fight

By Chris Villani

Goodwin Procter LLP has hired Simpson Thacher & Bartlett LLP to represent it as an alleged victim of an insider trading scheme that Massachusetts federal prosecutors say was orchestrated by a former Goodwin associate, according to a Friday filing seeking to oppose the attorney's request for records in redacted filings.

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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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Dark blue promo that reads 2026 MVPs Dark blue promo that reads 2026 Regional Powerhouses

LAW FIRMS IN TODAY'S NEWS

Advantage Solicitors

Advisors LLC

Akerman LLP

Akin Gump

Alston & Bird

ArentFox Schiff

Arnall Golden

Baker & Hostetler

Baker Donelson

Ballard Spahr

Barnes & Thornburg

Bartlett LLP

Beasley Allen

Bradley Arant

Campbell Johnston

Clarkslegal LLP

Clement & Murphy

Covington & Burling

Cravath Swaine

Crowell & Moring

DAC Beachcroft

DLA Piper

Davis Polk

Davis Wright Tremaine

Dechert LLP

Dentons

Dickinson Wright

Dorsey & Whitney

Duane Morris

Dughi Hewit

Dynamis LLP

Faegre Drinker

Fieldfisher

Fladgate LLP

Flood Law PLLC

Foley & Lardner

Fox Rothschild

Fox Williams

Fried Frank

Gerstein Harrow

Gibbs Mura

Gibson Dunn

Glenn Feldmann

Goodwin Procter

Gordon Rees

Goza & Honnold

Grabar Law

Greenberg Traurig

Greines Martin

Gustafson Gluek

HKM Employment Attorneys

HSF Kramer

Hall Booth

Hausfeld LLP

Hogan Lovells

Holland & Knight

Honigman LLP

Hunton Andrews

Jackson Lewis PC

Jones Day

Kasowitz LLP

Keoghs LLP

Kirkland & Ellis

Knights PLC

Knobbe Martens

Latham & Watkins

Law Offices of Allison MacKenzie

Lawson Huck

Littler Mendelson

Loeb & Loeb

Lomurro Munson

Lowenstein Sandler

Lyons & Associates PC

Martin G. Weinberg PC

Mayer Brown

McAndrews Held

McGuireWoods

Morgan Lewis

Morrison & Foerster

Motley Rice

Munger Tolles

Nelson Mullins

Norton Rose

O'Melveny & Myers

Orrick Herrington

Pacifica Law Group

Papetti Samuels

Patterson Belknap

Patton Tidwell

Paul Weiss

Penningtons Manches

Peterson Baker PLLC

Polsinelli PC

Potomac Law Group

Proskauer Rose

Quinn Emanuel

RWK Goodman

Reed Smith

Rottenberg Lipman

Seyfarth Shaw

Shook Hardy

Sidley Austin

Simpson Thacher & Bartlett

Skadden Arps

Snell & Wilmer

Squitieri & Fearon

Steptoe LLP

Stroock & Stroock

Sullivan & Cromwell

Thompson Coburn

Thompson Hine

Thomson Snell

Troutman

Venable LLP

Verso Law Group

Wachtell Lipton

Wagstaff & Cartmell

Walker Morris LLP

Weil Gotshal

Weinberg Roger

Wilkinson Stekloff

Williams & Connolly

Willkie Farr

WilmerHale

Withersworldwide

Wolf Greenfield

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

Acima Credit LLC

Adidas AG

Allianz Global Corporate & Specialty SE

Alphabet Inc.

Amazon.com Inc.

American Arbitration Association

American Bar Association

American Civil Liberties Union

Ameris Bancorp

Amica Center for Immigrant Rights

Anthropic PBC

Apache Inc.

Apple Inc.

Ashford Hospitality Trust, Inc.

Bank of America Corp.

BriefCatch

Broadcom Inc.

ByteDance Ltd.

CareTrust REIT Inc.

Cloudflare Inc.

Coldwell Banker Real Estate LLC

CoreWeave

Covidien PLC

DSV A/S

Davies Group Ltd.

Democracy Forward Foundation

Elara Caring Inc.

Federal National Mortgage Association

Federation Internationale de Football Association

Ferrari SpA

Freddie Mac

Gay & Lesbian Advocates & Defenders

Getty Images Holdings Inc.

Google LLC

Greenlane Holdings Inc.

Hydro Flask

Instagram Inc.

JPMorgan Chase & Co.

Jack Daniel's Properties Inc.

Judicial Watch Inc.

Kekst CNC

Kingspan Group PLC

Lehman Brothers Holdings Inc.

Lila Sciences

LinkedIn Corp.

Litasco SA

MS Amlin PLC

Masimo Corp.

Massachusetts Institute of Technology

McDonald's Corp.

Meadow

Mediterranean Shipping Co. SA

Medtronic PLC

Meta Platforms Inc.

Michigan State University

Microsoft Corp.

Morgan Stanley

Murgitroyd Group PLC

NEC Corp.

NVIDIA Corp.

National Collegiate Athletic Association

New England Biolabs Inc.

New York University

Northern Trust Corp.

OpenAI OpCo LLC

Pacira BioSciences Inc.

Patagonia Inc.

Philip Morris International Inc.

Prime Healthcare Services Inc.

Public Citizen Inc.

Public Rights Project

Ralphs Grocery Co.

Redbud Roots Inc.

Salesforce.com Inc.

Skydance Media LLC

Smoore International Holdings Ltd.

Snap Inc.

SoftBank Group Corp.

Space Exploration Technologies Corp.

Stanford University

Texas Civil Rights Project

The Football Association Ltd.

The Goldman Sachs Group Inc.

The Goodyear Tire & Rubber Co.

The New York Times Co.

The North Face Apparel Corp.

The Reader's Digest Association Inc.

TikTok Inc.

Trafigura Group Pte. Ltd.

Twitter Inc.

University of Miami

Verily Life Sciences LLC

Vision33 Inc.

WPP Media Ltd.

Warner Bros. Discovery Inc.

Wells Fargo & Co.

Whole Foods Market Inc.

Yang Ming Marine Transport Corp.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Connecticut Attorney General's Office

Consumer Financial Protection Bureau

Delaware Court of Chancery

Equal Employment Opportunity Commission

Federal Bureau of Investigation

Federal Communications Commission

Federal Deposit Insurance Corp.

Federal Trade Commission

Florida Supreme Court

Food and Drug Administration

Georgia Public Defender Council

Hopi Tribe

International Trade Commission

Lac Vieux Desert Band of Lake Superior Chippewa Indians

Michigan Supreme Court

National Labor Relations Board

Navajo Nation

New Jersey Court

New York Supreme Court, New York County

Pokagon Band of Potawatomi Indians

Texas Supreme Court

Transport for London

Tucson Unified School District

U.S. Air Force

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

U.S. Attorney's Office for the Western District of Virginia

U.S. Court of Appeals for the Third Circuit

U.S. Department of Commerce

U.S. Department of Education

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Housing and Urban Development

U.S. Department of Justice

U.S. Department of Transportation

U.S. Department of Veterans Affairs

U.S. Department of the Treasury

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

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 New Jersey

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 Georgia

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. District Court for the Western District of Virginia

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

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

UK Ministry of Justice

United States District Court for the District of Nevada

West Virginia Attorney General's Office