Top Dems Launch Probe Into Trump Admin's Nvidia Dealings

By Dylan Moroses

The top Democratic lawmakers on the Senate Finance and House Ways and Means committees launched an investigation Thursday into the Trump administration's recent dealings with Nvidia following the resignation of its CEO, Jensen Huang.

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EU High Court Adviser Backs Bulk Of €1.5B Google Fine

By Bryan Koenig

A European Court of Justice advocate general said Thursday that the European Union's top court should upend a lower court decision scrapping a €1.49 billion fine imposed over Google's past restrictions against rival search engines on third-party websites using its advertising tools.

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NYC Becomes 2nd City To Ban Data-Driven Pricing

By Lauren Berg

The New York City Council on Thursday overwhelmingly approved a measure to ban companies from using personal data to offer different prices to different customers for the same goods and services, becoming the second city to prohibit the increasingly prevalent practice known as surveillance pricing.

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Former CFTC Commissioner Among Trump's Picks For SEC

By Hailey Konnath

President Donald Trump on Thursday unveiled his picks for the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission, notably nominating former CFTC Commissioner Kristin Johnson for a Democratic seat on the SEC.

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Rent-To-Own Fintech Inks $183.5M Deal With AGs

By Brian Steele

The rent-to-own financing company Acima has reached a $183.5 million deal with 43 states to resolve claims that it misled consumers about the terms of its rental-purchase agreements and deceptively marked up prices, the Connecticut attorney general said Thursday.

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Ex-Cravath Staffer Charged With Insider Trading

By Stewart Bishop

A former employee at Cravath Swaine & Moore LLP on Thursday was arrested and charged with insider trading for allegedly exploiting nonpublic information about major deals involving the firm's clients, including Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.

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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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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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CFPB Says Anti-Bias Rule Rollback Tracks Fair Lending Law

By Katryna Perera

The Consumer Financial Protection Bureau is urging a D.C. federal judge to uphold the recent rollback of fair lending regulations, arguing that consumer advocates' legal challenge largely boils down to policy disagreements that are insufficient to support claims of invalid rulemaking.

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CFTC Moves To Block CME, Others From Perpetuals Fight

By Aislinn Keely

The U.S. Commodity Futures Trading Commission has urged a New York federal judge to reject several briefs backing a challenge to the agency's approval of perpetual contracts tied to individual stocks, arguing "belated" submissions from critics like CME Group and Better Markets left the agency no time to respond.

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FirstBank Must Face Now-Certified Class Of Epstein Survivors

By Rae Ann Varona

A New York federal judge on Thursday formally certified a class of women who accused FirstBank Puerto Rico of facilitating Jeffrey Epstein's global sex trafficking venture, finding the class representative's claims "entirely consistent" with Epstein's pattern of trafficking and abuse.

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7th Circ. Wary Of Reviving Bid To Block DEI Grant Cuts

By Celeste Bott

Seventh Circuit judges appeared skeptical Thursday of an Illinois nonprofit's bid to block the Trump administration's cuts to its education grants, questioning whether the organization had ruled out future spending on diversity, equity and inclusion initiatives and whether the funding cuts amounted to viewpoint discrimination under the First Amendment.

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Meta Says DC Fed. Court Has Oversight Of FTC Settlement

By Aneeta Mathur-Ashton

A lawyer for Meta told a D.C. federal judge Thursday that his court has exclusive jurisdiction over a $5 billion privacy settlement from 2020, not the Federal Trade Commission.

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Family Dollar Settles FTC, States' Pricing Claims For $63M

By Jared Foretek

Family Dollar agreed Thursday to spend $63 million to settle a lawsuit from the Federal Trade Commission and 17 state attorneys general accusing it of charging customers above advertised prices on shelves and price tags.

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CPA Group Seeks IRS Guidance On Gambling Reporting Regs

By Zak Kostro

The American Institute of Certified Public Accountants asked the U.S. Department of the Treasury and the IRS to clarify proposed regulations to increase the threshold for gambling businesses to report payouts to the government, saying they fail to address key issues for reporting wagering gains and losses.

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Akin Hires DOJ Fraud Section Trial Atty For DC Team

By Jack Rodgers

Akin Gump Strauss Hauer & Feld LLP announced the firm has hired a former Justice Department criminal fraud attorney as a senior counsel in the firm's white collar defense and government investigations practice in Washington, D.C.

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SEC's History Undercuts Its 'Back To Basics' Rationale

The current U.S. Securities and Exchange Commission's enforcement recalibration prioritizing fraud over technical violations has led to a drastic decline in enforcement activity, but the philosophy deviates from decades of enforcement that has always promoted compliance with its prophylactic requirements, says Gerald Hodgkins at Covington.

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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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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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