A New York federal judge on Wednesday trimmed a proposed class action alleging USB Financial Services Inc. put customers' money in low-yielding "cash sweep" accounts in breach of their contract, tossing a single duplicative unjust enrichment claim but allowing the contract claims to proceed.
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TOP NEWS

UBS Must Face Class Action Over Low-Yield Sweep Accounts

By Dorothy Atkins

A New York federal judge on Wednesday trimmed a proposed class action alleging USB Financial Services Inc. put customers' money in low-yielding "cash sweep" accounts in breach of their contract, tossing a single duplicative unjust enrichment claim but allowing the contract claims to proceed.

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Official Says DOJ Watching Essential Patent Antitrust Cases

By Ryan Davis

A U.S. Department of Justice Antitrust Division official said Wednesday the agency is closely monitoring antitrust disputes over standard essential patents, aiming to ensure that proper analyses of market power are undertaken and that most patent suits are exempted from causing antitrust liability.

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Fla. Appeals Panel Turns Poetic In Warning About AI Misuse

By Madison Arnold

A Florida state appeals court on Wednesday admonished a pro se litigant for using AI-hallucinated case citations in his ultimately unsuccessful appeal of a lower court ruling enforcing a settlement agreement with an investment company, with the panel citing an AI-generated limerick to get its point across.

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LEGAL ETHICS & MALPRACTICE

Winston & Strawn Wants Hunter Biden To Respond In Fee Row

By Lynn LaRowe

Winston & Strawn LLP has asked the D.C. Superior Court to force Hunter Biden to fully respond to interrogatories in its lawsuit against the former president's son over unpaid legal bills, after Biden conducted an incomplete "hand search" of documents at issue.

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Ex-Partner Seeks 2,000 Client Notices In NC Estate Firm Fight

By Abigail Harrison

After nearly two hours of argument in which counsel for the founding partner of a trusts and estates law firm argued that the firm should have to notice his departure to thousands of clients, a North Carolina Business Court judge seemed a bit perplexed Wednesday as to why the parties didn't resolve the client list spat with a North Carolina State Bar ethics opinion.

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POLICY & REGULATION

AbbVie, Novartis Sue Wash. Over New 340B Drug-Pricing Law

By Rachel Riley

Pharmaceutical giants Novartis and AbbVie say a new Washington state law illegally expands drugmakers' obligations to provide deeply discounted medications under the federal government's 340B Drug Pricing Program, according to a pair of legal challenges launched in federal court on Wednesday.

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LIFE SCIENCES

Co.'s Dual Citizenship Doesn't Kill Jurisdiction, 4th Circ. Told

By Hayley Fowler

A medical supply company urged the Fourth Circuit on Wednesday to revive its suit against a U.K. company over COVID-19 test kits, arguing the Chinese citizenship of one of its members doesn't destroy a North Carolina federal judge's ability to hear the case.

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REAL ESTATE & DEVELOPMENT

Biotech 'Lowballed' Landlord On Lease Exit, Suit Says

By Julie Manganis

Biopharma company Werewolf Therapeutics has offered its Massachusetts landlord little more than 10 cents on the dollar to buy out the remainder of a lease for its lab space, even as the firm pays out departing executives and other creditors, according to a lawsuit brought in state court.

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Brokers Claim CBRE Withheld Pay On Legal Tenant Deal

By Charlie Innis

Three brokers are accusing CBRE of diverting $4 million in commissions from a Washington, D.C., office tenancy deal with a legal industry client to others who didn't substantively work on the transaction, according to a D.C. federal suit.

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Lender Targets Borrower, Guarantor In $3.8M Default Suit

By Jarek Rutz

A Delaware lender has sued a group of real estate investors and affiliated entities in Delaware Chancery Court, accusing them of defaulting on a $3.8 million mezzanine loan and then diverting collateral to avoid repayment.

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INSURANCE

Insurers, Brokers Can't Exit Medicare Advantage Steering Suit

By Julie Manganis

A Massachusetts federal judge on Wednesday largely rejected a bid by insurers and brokers to toss claims that they colluded in a kickback scheme to steer Medicare Advantage customers to certain companies and to push away disabled individuals.

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FINTECH

Payments Co. Sued Over $3M Liquidity Pool Loan Default

By Sydney Price

Payken is facing a Delaware Chancery Court lawsuit alleging the blockchain-based payments company owes roughly $3.2 million after breaching a master credit agreement and failing to repay loans owed to a jointly owned lending vehicle created to provide it with liquid assets.

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INTELLECTUAL PROPERTY

Lighting Co. Kenall Gets 5% Royalty, No Lost Profits In IP Row

By Elliot Weld

A Chicago federal judge has said a lighting manufacturing company was owed royalties for patent infringement by a rival after a bench trial, telling the parties to meet and calculate how much should be owed in enhanced damages.

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MEDIA & ENTERTAINMENT

Oak View Exec Tells Jury Of Deal To Hype Ticketmaster

By Stewart Bishop

The CEO of Oak View Group told a Manhattan federal jury Wednesday that his company didn't inform other venue owners that it was being paid to "advocate" for them to use Ticketmaster as a vendor for ticketing services, but said he still would recommend the Live Nation subsidiary anyway since it's the best in the business.

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Herschel Walker Campaign, Media Firm Wrap Up Contract Suit

By Kelcey Caulder

The campaign for former NFL star Herschel Walker's losing U.S. Senate bid and a Texas-based media firm that the campaign accused of charging inflated costs for advertising buys have reached an agreement to end their legal battle in Georgia federal court. 

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BANKRUPTCY

Serta Lenders End Trial Over 'Uptier' Ahead Of Summer Ruling

By Alex Wittenberg

Lenders to Serta Simmons Bedding presented closing arguments in Texas bankruptcy court Wednesday in a trial over damages that investors excluded from the mattress maker's 2020 "uptier" deal say they should be awarded, an issue which the presiding judge expects to decide on in the next few months.

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TELECOMMUNICATIONS

Brief

Lumen Says Telecom's Been Charging It For Toll-Free Calls

By Nadia Dreid

National telecommunications company Lumen Technologies once again filed suit against a fellow telecom it accuses of spending the last 4.5 years charging it for transferring calls that were supposed to be toll-free.

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LEGAL INDUSTRY

Law Firm Ransomware Attacks On Rise, Report Says

By Allison Grande

Cyberattacks targeting law firms jumped in 2025, according to a new BakerHostetler report, which also highlighted recent spikes across a wide range of sectors in ransomware payments and class action lawsuits stemming from these incidents. 

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Warren Grills Fed's Ex-BigLaw Supervision Chief On Conflicts

By Lauren Berg

Sen. Elizabeth Warren, D-Mass., on Wednesday asked former Davis Polk & Wardwell LLP veteran Randall Guynn, a recent addition to the Federal Reserve, to explain how he is dealing with potential conflicts of interest stemming from his previous role chairing the BigLaw firm's financial institutions group.

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MyPillow CEO's Attys Face New Sanctions Over Latest Errors

By Lauren Berg

Two attorneys for MyPillow CEO Mike Lindell and his media company are in hot water once again as a Colorado federal judge on Wednesday ordered them to explain why they shouldn't be sanctioned for citation errors, after she previously sanctioned them for errors produced by generative artificial intelligence.

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Ramey, EscapeX Ask Justices To Review Sanctions Challenge

By Adam Lidgett

EscapeX IP and its attorney William Ramey III want the U.S. Supreme Court to review the Federal Circuit's decision backing $255,000 in fees and sanctions for what a California federal judge found to be a frivolous patent suit against Google.

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Analysis

ICE Builds Out Detention Centers, And The Suits Pile Up

By Grace Dixon

U.S. Immigration and Customs Enforcement's surging need for detention space — fueled by increased funding and a rapid escalation in enforcement activity — has sparked litigation from local lawmakers and advocacy groups concerned by the agency's full-throttle approach and perceived disregard for surrounding communities.

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Trade Court Nom Regrets Past Tweets Critical Of GOP Sens.

By Courtney Bublé

Kara Westercamp, associate counsel to the president, who was nominated for the U.S. Court of International Trade, said Wednesday she regretted her past social media posts critical of Republican senators.

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DOJ Agrees To Settle Flynn's Fla. Suit Over False Prosecution

By David Minsky

Retired Army general Michael Flynn reached a financial settlement with the U.S. Department of Justice on Wednesday in his Florida federal lawsuit claiming he was wrongly prosecuted for allegedly lying to the FBI during its investigation into whether Donald Trump coordinated with Russia during the 2016 election.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Arete Law Group

Arnold & Porter

Baker & Hostetler

Ballard Spahr

Benesch

Berger Montague

Bernstein Litowitz

Binnall Law Group

Brady Cobin

Cain & Skarnulis

Chaiken Ghali

Coburn & Greenbaum

Cravath Swaine

Crowell & Moring

Davis Polk

Epstein Becker

Foley & Lardner

Gibson Dunn

Greenberg Traurig

Hogan Lovells

Jansson Munger

Katten Muchin

Kirkland & Ellis

Latham & Watkins

Marshall Gerstein

Maynard Nexsen

McDermott Will & Schulte

McGuireWoods

McNaul Ebel

Nelson Mullins

Noble Law Firm

Nutter McClennen

Oak City Law

Paul Weiss

Perkins Coie

Porter Hedges

Proskauer Rose

Quinn Emanuel

Ramey LLP

Robinson Bradshaw

Schwed Kahle

Sherin & Lodgen

Simpson Thacher & Bartlett

Wiley Rein

Williams & Connolly

Williams Dirks

Winston & Strawn

COMPANIES IN TODAY'S NEWS

AbbVie Inc.

Aetna Inc.

Alexandria Real Estate Equities Inc.

Allergan PLC

American Civil Liberties Union

Apple Inc.

Bank of America Corp.

Block Inc.

CVS Health Corp.

Center for Biological Diversity Inc.

Center for Strategic and International Studies

Citigroup Inc.

ConvergeOne Inc.

Dell Technologies Inc.

Earthjustice

Elevance Health Inc.

George Washington University

Google LLC

Humana Inc.

Inteliquent Inc.

InterDigital Inc.

JPMorgan Chase & Co.

LinkedIn Corp.

Live Nation Entertainment Inc.

Lumen Technologies Inc.

Marriott International Inc.

Morgan Stanley

Netlist Inc.

North Carolina State Bar

Pharmacyclics, Inc.

Samsung Electronics Co. Ltd.

Serta Simmons Bedding LLC

Sirius XM Radio Inc.

State Bar of Wisconsin

Teliax

The Bank of New York Mellon Corp.

The Goldman Sachs Group Inc.

Therapeutics Inc.

Twitter Inc.

UBS Group AG

Virginia State Bar

Walmart Inc.

Wells Fargo & Co.

YouTube Inc.

eHealth, Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Defense Intelligence Agency

Delaware Court of Chancery

European Union

Federal Bureau of Investigation

Federal Reserve System

International Trade Commission

Maryland Attorney General's Office

National Security Agency

State of Maryland

State of Michigan

Superior Court of Massachusetts

U.S. Attorney's Office

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

U.S. Coast Guard

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

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 District of New Jersey

U.S. District Court for the District of Oregon

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 Middle District of Florida

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 Southern District of New York

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

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the District of Montana

United States District Court for the District of the Virgin Islands

Washington State Health Care Authority