A former Mars Inc. risk executive was sentenced on Thursday to 63 months in prison and ordered to pay the candy company more than $28.4 million in restitution after pleading guilty to two counts of wire fraud and one count of tax evasion surrounding a decadelong fraud scheme.
Law360
Compliance
FRIDAY, JANUARY 23, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Sentencing Judge Blasts Ex-Mars Exec's 'Entitlement'

By Aaron Keller

A former Mars Inc. risk executive was sentenced on Thursday to 63 months in prison and ordered to pay the candy company more than $28.4 million in restitution after pleading guilty to two counts of wire fraud and one count of tax evasion surrounding a decadelong fraud scheme.

Read full article » | Save to favorites »

EEOC Chair Decries 'Fearmongering' Amid Guidance Repeal

By Anne Cullen

The Republican members of the U.S. Equal Employment Opportunity Commission voted Thursday to retract comprehensive harassment guidelines issued during the Biden administration after the agency's chair panned warnings from Democrats and civil rights advocates that the move erodes key worker protections.

Read full article » | Save to favorites »

Trump Sues JPMorgan For $5B Over Account Closures

By Jon Hill

President Donald Trump on Thursday sued JPMorgan Chase in Florida state court for at least $5 billion in damages, alleging it unlawfully "debanked" him and an array of his business ventures shortly after the end of his first term.

Complaint attached | Read full article » | Save to favorites »

AGs Target Investor Advocacy Group As 'Climate Cartel'

By Carolina Bolado

A group of state attorneys general led by Florida Attorney General James Uthmeier issued a warning letter Wednesday to climate advocacy organization Ceres claiming concerns about violations of antitrust and consumer protection laws.

Letter attached | Read full article » | Save to favorites »

TikTok Seals Joint Venture Deal For US Operations

By Lauren Berg

TikTok's Beijing-based owner, ByteDance, has sold a majority stake in the video app's U.S. operations to a new U.S.-based joint venture managed by a group of non-Chinese investors in order to comply with a congressional mandate and avoid the app's shutdown, the company announced Thursday.

Read full article » | Save to favorites »

FTC Cites 'Serious Concerns' With Epic-Google Play Deal

By Bryan Koenig

A settlement resolving Epic Games' antitrust lawsuit against Google that would replace the injunction Epic won against Google's Play Store controls has drawn pushback from the Federal Trade Commission, which is urging strict scrutiny of the agreement currently under the eye of an already skeptical California federal judge.

2 documents attached | Read full article » | Save to favorites »

SEC Approves Cuts To PCAOB Budget, Board Member Salaries

By Sarah Jarvis

The U.S. Securities and Exchange Commission on Thursday approved a 2026 budget for the Public Company Accounting Oversight Board that includes a 9.4% decrease overall from the prior year and cuts upward of 42% for board members' compensation.

2 documents attached | Read full article » | Save to favorites »

SECURITIES & BANKING

FDIC Rolls Back Biden-Era Digital Signage Rule

By Sarah Jarvis

The Federal Deposit Insurance Corp. on Thursday finalized a rollback of its digital signage requirements, easing where and how banks must display FDIC-insured labeling online after industry criticized a prior Biden-era revamp as overly rigid and confusing for customers.

Final Rule attached | Read full article » | Save to favorites »

Ford, GM Industrial Bank Bids Get FDIC Approval

By Jon Hill

The Federal Deposit Insurance Corp. said Thursday that it has signed off on industrial loan company applications from Ford Motor Co. and General Motors Co., clearing the two automakers to open federally insured banking units over objections from community bankers.

2 documents attached | Read full article » | Save to favorites »

10th Circ. Should Deny Interest 'Opt-Out' Rehearing, Colo. Says

By Katryna Perera

Colorado pushed back against calls for the Tenth Circuit to grant a full court rehearing of a challenge to the state's "opt-out" law on interest rates, arguing that a recent panel decision upholding the law does not merit review by the full appeals court.

Response attached | Read full article » | Save to favorites »

Marketers Who Sold Fraudulent StraightPath Funds Plead Out

By Pete Brush

Two New York men who hawked pre-initial public offering shares for fraud-ridden vendor StraightPath from "boiler room" sales floors pled guilty Thursday to fraud charges, after Manhattan federal prosecutors charged them with raising $185 million by duping customers.

Read full article » | Save to favorites »

CRYPTO & FINTECH

Mango Labs' 'Buyer's Remorse' Can't Undo SEC Settlement

By Aislinn Keely

Crypto project Mango Labs can't cancel the terms of a nearly $700,000 settlement with the U.S. Securities and Exchange Commission just because the agency has pivoted away from crypto enforcement cases and left the project with "buyer's remorse," a Manhattan federal judge ruled.

2 documents attached | Read full article » | Save to favorites »

SEC Gets $900K Judgments In Bitcoin Miner CEO's Fraud Suit

By Emilie Ruscoe

The family and ex-wife of a former bitcoin miner CEO will pay the U.S. Securities and Exchange Commission nearly $900,000 to exit the regulator's claims the CEO misappropriated $48.5 million from investors.

4 documents attached | Read full article » | Save to favorites »

ENERGY & ENVIRONMENTAL

FERC Commissioners Back Fed-State Push For PJM Changes

By Keith Goldberg

The Federal Energy Regulatory Commission on Thursday backed plans from the Trump administration, state governors and PJM Interconnection to address escalating power prices amid data center-fueled increases in electricity demand, and encouraged the nation's largest grid operator to promptly submit policy proposals.

Read full article » | Save to favorites »

GOV'T CONTRACTS

Judge Expands Block On Trump's Grant Restrictions

By Isaac Monterose

A Washington federal judge agreed to broaden a preliminary injunction against the Trump administration over its political restrictions for using over $12 billion worth of federal grants, expanding the block to cover additional plaintiffs who were added to the suit.

Order attached | Read full article » | Save to favorites »

Feds Given More Time To Revisit School Grant Cancellations

By Rachel Riley

A Washington federal judge agreed Thursday to extend a deadline for the Trump administration to make fresh determinations as to 138 public school mental health grants that the court has found were illegally canceled, but admonished the federal government for previously understating how long those reassessments would take.   

2 documents attached | Read full article » | Save to favorites »

Brief

Designer Akris Settles FCA Claim Over Pandemic Loan

By Julie Manganis

The U.S. subsidiary of Swiss designer Akris AG has agreed to pay $1.8 million to settle a False Claims Act complaint alleging the company improperly obtained a pandemic relief loan for which it was not eligible, the U.S. attorney's office in Boston announced Thursday.

Settlement attached | Read full article » | Save to favorites »

Brief

Washington Drops $9M Climate Fund Suit Against NOAA

By Elaine Briseño

Washington state dropped its lawsuit against the U.S. Department of Commerce after a federal judge temporarily blocked the Trump administration from withholding more than $9 million meant to shore up the state's resiliency to climate change.

Notice attached | Read full article » | Save to favorites »

HEALTHCARE & LIFE SCIENCES

House Report Claims Evidence of CVS Antitrust Violations

By Bryan Koenig

House Judiciary Committee staffers said Wednesday that they'd uncovered "a pattern of anticompetitive activity" in CVS Health tactics aimed at coercing independent pharmacies into avoiding working with online services the company saw as a threat to its own pharmacy and pharmacy benefit manager businesses.

Report attached | Read full article » | Save to favorites »

Drugmakers May Dodge Disgorgement In States' Antitrust Suit

By Brian Steele

A Connecticut federal judge probed the limits of his equitable powers Thursday in a sprawling generic drug antitrust enforcement action, expressing doubt that he could order the drugmaker defendants to hand over their profits while also awarding multiplied damages and imposing civil penalties.

3 documents attached | Read full article » | Save to favorites »

COMPETITION

Ethanol Biz Loses Bid To Overturn €48M Price-Fixing Fine

By William Janes

A Swedish ethanol producer failed on Thursday to overturn a €47.7 million ($55.9 million) fine for colluding to maintain high prices by market manipulation after a European appeals court ruled that a competition watchdog did not presume it was guilty.

Read full article » | Save to favorites »

FTC Defends BOTS Act Case Against Live Nation

By Matthew Perlman

The Federal Trade Commission urged a California federal court not to toss its case accusing Live Nation of deceiving customers and artists, saying the live events and ticketing giant failed to disclose the actual price of tickets and turned a blind eye to scalpers on its platforms.

Motion attached | Read full article » | Save to favorites »

Google, Epic Fight Uphill To Tweak App Antitrust Injunction

By Bonnie Eslinger

A California federal judge indicated Thursday that he's unlikely to grant Epic and Google's request to modify a permanent injunction issued after a jury found Google monopolized the distribution of apps on Android devices, saying they have to show changed circumstances, and "I haven't seen anything change, other than a deal" between the companies.

Read full article » | Save to favorites »

TRANSPORTATION

Transportation Cases To Watch In 2026

By Linda Chiem

Clashes over the scope of federal preemption in personal injury cases involving freight brokers and motor carriers, the Trump administration's gutting of Biden-era vehicle emissions standards and cuts to states' transportation and infrastructure funding are among the court battles that transportation attorneys are monitoring in 2026.

Read full article » | Save to favorites »

10th Amtrak Worker Cops To Role In $11M Fraud Scheme

By P.J. D'Annunzio

A former Amtrak employee has admitted to participating in a scheme that prosecutors claim defrauded the rail carrier out of $11 million in health benefits, making him the 10th defendant in a year to plead guilty in the case, the U.S. attorney's office in New Jersey said on Thursday.

Read full article » | Save to favorites »

EXPERT ANALYSIS

How SEC Civil Penalties Became Arbitrary: The Data

Data regarding how the U.S. Securities and Exchange Commission has adhered to its own civil penalty rules over the past 20 years reveals that awards are no longer determined in accordance with the guidelines imposed on the SEC by the securities laws, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.

Read full article » | Save to favorites »

What To Know About DOL's New FLSA, FMLA Opinion Letters

The U.S. Department of Labor kicked off 2026 by releasing several opinion letters addressing employee classification, incentive bonuses and intermittent leave, reminding employers that common practices can create significant risk if they are handled inconsistently or without careful documentation, say attorneys at Woods Rogers.

Read full article » | Save to favorites »

Opportunities Amid The Challenges Of Trump's BIS Shake-Up

The Trump administration’s continuing overhaul of the Bureau of Industry and Security has created enormous practical challenges for export compliance, but it potentially also offers a once-in-a-generation opening to advocate for simplifying and rationalizing U.S. export controls, say attorneys at Gibson Dunn.

Read full article » | Save to favorites »

How Payments Law Landscape Will Evolve In 2026

After a year of change across the payments landscape, financial services providers should expect more innovation and the pushing of regulatory boundaries, but should stay mindful that state regulators and litigation will continue to challenge the status quo, say attorneys at Troutman.

Read full article » | Save to favorites »

Key False Claims Act Trends From The Last Year

The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

Read full article » | Save to favorites »

Opinion

It's Too Soon To Remove Suicide Warnings From GLP-1 Drugs

The U.S. Food and Drug Administration's decision this month to order removal of warnings about the risk of suicidal thoughts from GLP-1 weight-loss drugs is premature — and from a safety and legal standpoint, the downside of acting too soon could be profound, says Sean Domnick at Rafferty Domnick.

Read full article » | Save to favorites »

Series

Hosting Exchange Students Makes Me A Better Lawyer

Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Ex-Baker McKenzie Atty Alleges Assault In New DC Lawsuit

By Alison Knezevich

A former Baker McKenzie associate who was sued for defamation over a series of social media posts accusing the firm's Washington, D.C., managing partner of sexual assault has brought her own lawsuit, marking the first time she publicly detailed her allegations in court records.

Complaint attached | Read full article » | Save to favorites »

Trump Calls For Prosecution Of Jack Smith Post-Hearing

By Courtney Bublé

Shortly after former special counsel Jack Smith gave his first public congressional testimony on the Trump cases, in which he warned the rule of law should not be taken for granted, President Donald Trump said he should be prosecuted.

Read full article » | Save to favorites »

Goldstein Prosecutors Unveil Conflicting Cash Source Claims

By Jared Foretek

A former lawyer at SCOTUSblog founder Thomas Goldstein's firm said Thursday that Goldstein told coworkers that the more than $960,000 in cash he brought off a flight from Hong Kong — the source of which is integral to the government's case — had come from a client.

Read full article » | Save to favorites »

ABA Outlines Limited Atty Duty To Give Info To Former Clients

By Lynn LaRowe

The American Bar Association said attorneys have a limited responsibility to convey information to former clients or successor counsel that was not within the client's file, when doing so is necessary to protect a client's interests and reasonably practicable, according to a new ethics opinion.

Read full article » | Save to favorites »

Proposed Subpoena Rule Change Raises Victim Privacy Fears

By Brandon Lowrey

A proposal to loosen restrictions on the use of federal criminal subpoenas would endanger and further traumatize victims of crime, most of whom lack legal representation to fight the invasive demands, victims' rights advocates told a federal rules advisory committee on Thursday.

2 documents attached | Read full article » | Save to favorites »

Pa. Justices Say Judge's Partisan Posts Warrant Suspension

By Hayley Fowler

Pennsylvania's highest court has adopted a balancing test for restricting a sitting judge's free speech outside the context of an election and, in doing so, affirmed the suspension of a state court judge who it said damaged the court's appearance of impartiality by making political posts on social media.

2 documents attached | Read full article » | Save to favorites »

Brief

Courthouse News Drops Access Suit Against DC Court Clerk

By Emily Sawicki

National litigation news outlet Courthouse News Service has voluntarily and permanently dropped claims against a Washington, D.C., Superior Court clerk and the executive officer of the D.C. courts over filing delays, with both sides agreeing to pay their own costs.

Notice attached | Read full article » | Save to favorites »

Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Anderson & Kreiger

Bailey Duquette

Baker Botts

Baker McKenzie

Benesch

Brito PLLC

Coal Creek Law

Cohen Milstein

Competition Law Partners

Cravath Swaine

DLA Piper

Davis Wright Tremaine

Day Pitney

Dechert LLP

Faegre Drinker

Finn Dixon

Frederick M. Lehrer Attorney at Law

Gibson Dunn

Goldstein & Russell

Greenberg Traurig

Hanson Bridgett

Harris Beach Murtha Cullina PLLC

Hinckley Allen

Hogan Lovells

Holland & Knight

Honigman LLP

Jackson Lewis PC

Joseph Greenwald & Laake

Kasowitz LLP

Kelley Drye

Kopecky Schumacher

Latham & Watkins

Law Lyman

Law Offices of Scott E. Leemon

Morgan Lewis

Morrison & Foerster

Munger Tolles

Nicolaides Fink

Norton Rose

Pacifica Law Group

Proskauer Rose

Rafferty Domnick

Ropes & Gray

Sidley Austin

Sperling Kenny

Sullivan & Cromwell

Tarter Krinsky

The Crypto Lawyers

Thomas & LoCicero

Thompson Hine

Troutman

Wiggin & Dana

Woods Rogers

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Abengoa SA

Allergan PLC

American Bar Association

American Civil Liberties Union

American Federation of State County & Municipal Employees

American Federation of Teachers

Amneal Pharmaceuticals Inc.

Apple Inc.

Aurobindo Pharma Ltd.

Bank of America Corp.

Bausch Health Cos. Inc.

BlackRock Inc.

Burke Inc.

ByteDance Ltd.

CSC Sugar LLC

CVS Health Corp.

Citigroup Inc.

Courthouse News Service Inc.

DXC Technology

Daimler Truck Holding AG

Dell Technologies Inc.

Eli Lilly & Co.

Epic Games Inc.

Executive Health Resources Inc.

Exxon Mobil Corp.

Ford Motor Co.

Fougera Pharmaceuticals Inc.

G&W Laboratories Inc.

General Motors Co.

General Motors Financial Co. Inc.

Gilead Sciences Inc.

Glenmark Pharmaceuticals Ltd.

Google LLC

Human Rights Campaign

Illumina Inc.

Imperial Sugar Company

Independent Community Bankers of America

JPMorgan Chase & Co.

LPL Financial

Lannett Company, Inc

Lantmännen Ekonomisk Förening

Live Nation Entertainment Inc.

Lupin Ltd.

M&T Bank Corp.

Mallinckrodt PLC

Mars Inc.

Meta Platforms Inc.

Microsoft Corp.

National Association for the Advancement of Colored People

National Education Association

National Women's Law Center

New York University

Novo Nordisk A S

Omnicare Inc.

Oracle Corp.

PJM Interconnection LLC

Perrigo Co. PLC

Pershing Group LLC

Pfizer Inc.

Public Co. Accounting Oversight Board

Public Rights Project

RTX Corp.

Rite Aid Corp.

S&P Global Inc.

SIG Susquehanna

Sandoz International GmbH

Sun Pharmaceutical Industries Ltd.

Supervalu Inc.

T-Mobile US Inc.

Teva Pharmaceutical Industries Ltd.

TikTok Inc.

U.S. Chamber of Commerce

Verizon Communications Inc.

Viatris Inc.

Wockhardt USA LLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Industry and Security

California Air Resources Board

Colorado Attorney General's Office

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Equal Employment Opportunity Commission

European Commission

Federal Aviation Administration

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Energy Regulatory Commission

Federal Motor Carrier Safety Administration

Federal Reserve System

Federal Trade Commission

Food and Drug Administration

General Court of the EU

Internal Revenue Service

National Highway Traffic Safety Administration

National Oceanic and Atmospheric Administration

National Railroad Passenger Corp.

New York Attorney General's Office

Office of the Comptroller of the Currency

Pennsylvania Supreme Court

Texas Legislature

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

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

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

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

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

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

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Agriculture

U.S. Department of Commerce

U.S. Department of Education

U.S. Department of Homeland Security

U.S. Department of Housing and Urban Development

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of Transportation

U.S. Department of the Treasury

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

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Delaware

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 Eastern District of California

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

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

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 Texas

U.S. District Court for the Southern District of New York

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

U.S. District Court of the District of New Hampshire

U.S. Environmental Protection Agency

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

US Government

US Office of Management and Budget

United States District Court for the District of Wyoming

Washington Attorney General's Office

Washington State Department of Ecology