2nd Circ. Vacates OpenSea Crypto Insider Trading Conviction

By Aislinn Keely

The Second Circuit on Thursday overturned the fraud conviction of a former OpenSea manager accused of insider trading on nonfungible token sales on his employer's platform, finding that a Manhattan jury may have convicted him "based on conduct that it found to be unethical rather than fraudulent."

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

Fed. Circ. Judges Cast Doubts On Trump Tariff Powers

By Dylan Moroses

Several Federal Circuit judges raised concerns about whether President Donald Trump's tariffs imposed under the International Emergency Economic Powers Act override constitutional and congressional authority during oral arguments Thursday in their questions to better understand the extent of the appeals court's review.

Read full article » | Save to favorites »

9th Circ. Upholds Google's Play Store Antitrust Trial Loss

By Dorothy Atkins

A Ninth Circuit panel Thursday affirmed Epic Games' 2023 antitrust jury trial win, along with an injunction requiring Google to open its Google Play Store to rivals, backing a landmark finding that Google monopolized the Android app-distribution market.

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

Plaintiffs Seek $345M For Fatal Crash In Tesla Autopilot Trial

By Carolina Bolado

The plaintiffs in a suit seeking to hold Tesla accountable for a fatal crash in the Florida Keys asked jurors Thursday to award $345 million in damages for putting out an allegedly defective autopilot product into the market.

Read full article » | Save to favorites »

Flo Settles Privacy Fight Midtrial, Leaving Meta To Face Jury

By Dorothy Atkins

Flo Health Inc. told a California federal judge Thursday it had reached an agreement to settle claims that its popular menstrual-tracking app illegally shared sensitive health data of millions of women with Meta Platforms Inc. and Google, partially resolving a sweeping privacy case midtrial, and leaving Meta as the sole remaining defendant.

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

Zoom Investor Gets Final OK For Derivative Suit Settlement

By Katryna Perera

A Delaware federal judge granted final approval on Thursday to a settlement reached in a shareholder derivative suit accusing the top brass of Zoom of pulling in $172.9 million via insider sales after its 2019 initial public offering and before shares fell during the early days of the COVID-19 pandemic.

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

Full FCC Hearing Sought On T-Mobile, UScellular Tie-Up

By Christopher Cole

Several trade and public interest groups urged the Federal Communications Commission to hold a full agency review of T-Mobile's plan to take over most of UScellular after FCC staff gave the deal a green light almost three weeks ago.

1 document attached | Read full article » | Save to favorites »

10th Circ. Says Water Exclusion Bars Co.'s $1.75M Loss

By Ganesh Setty

A Kansas office building's property insurer has no duty to provide coverage for roughly $1.75 million in repairs over a broken water pipe, the Tenth Circuit ruled, rejecting the building owner's argument that an exception in one exclusion conflicted with a separate exclusion for water damage.

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

Robotic Surgery Co.'s Antitrust Appeal Backed At 9th Circ.

By Matthew Perlman

Surgical Instrument Service Co. Inc. has received backing at the Ninth Circuit from a trade association and others groups as it looks to revive its case accusing Intuitive Surgical Inc. of blocking third parties from refurbishing components for its popular da Vinci surgery robot.

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

Del. Court OKs Investor Check Of Trade Desk Charter Move

By Jeff Montgomery

A Delaware magistrate in Chancery issued a split decision Thursday on document demands by a stockholder of The Trade Desk Inc. who sought, in part, details on the company's conversion into a Nevada chartered business, allegedly in order to preserve a billionaire co-founder's control.

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

PE Firm Risking Contempt, Receiver In Del. Over Legal Bills

By Jeff Montgomery

Noting that unpaid legal bills might already support a contempt or limited receivership order against private equity 777 Partners, a Delaware magistrate in Chancery gave the company and its counsel a Monday deadline to report still-accumulating fee advancement debts.

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

Microsoft Fights Demand For AI Deal Data In Databricks Suit

By Dorothy Atkins

Third-party Microsoft Corp. urged a California magistrate judge Thursday to block a subpoena by a group of writers accusing San Francisco-based Databricks of using their copyrighted works to train its artificial intelligence tool MosaicML, arguing that Microsoft has already exceeded third-party obligations by providing certain data agreements and that the request is overbroad.

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

Conn. Atty Pins Failed Redaction On Tech In Gunmaker Suit

By Emily Sawicki

A third party's ability to bypass redactions and view protected documents was due to a software issue, a Connecticut civil litigator has told a federal judge, urging the court not to authorize sanctions for what he said was a "good faith" effort at redacting filings amid his dueling lawsuits with gunmaker Sig Sauer.

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

Fintech, BofA, JPMorgan Face Class Suit Over Cyberattack

By Emilie Ruscoe

Financial software company Finastra Technology Inc., Bank of America and JPMorgan Chase Bank NA face a proposed class action alleging they failed to properly safeguard customers' personal information that was exposed by a data breach.

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

Corp. Human Rights Regulatory Landscape Is Fragmented

Given the complexity of compliance with nations' overlapping human rights laws, multinational companies need to be cognizant of the evolving approaches to modern slavery transparency, and proposals that could reduce mandatory due diligence and reporting requirements, say attorneys at Simpson Thacher.

Read full article » | Save to favorites »

Impending Quality Control Standards Pose Risks For Auditors

Public accounting firms will need to comply with new standards aimed at strengthening their quality control systems by the end of this year, a significant challenge sure to increase costs, individual liability and regulatory scrutiny, say Kelly Bossard at FTI Consulting and Mike Plotnick at King & Spalding.

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

Opinion

Premerger Settlements Don't Meet Standard For Bribery

Claims that Paramount’s decision to settle a lawsuit with President Donald Trump while it was undergoing a premerger regulatory review amounts to a quid pro quo misconstrue bribery law and ignore how modern legal departments operate, says Ediberto Román at the Florida International University College of Law.

Read full article » | Save to favorites »

Texas Med Spas Must Prepare For 2 New State Laws

Two new laws in Texas — regulating elective intravenous therapy and reforming healthcare noncompetes — mark a pivotal shift in the regulatory framework for medical spas in the state, which must proactively adapt their operations and contractual practices, says Brad Cook at Munsch Hardt.

Read full article » | Save to favorites »

Series

Playing Soccer Makes Me A Better Lawyer

Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.

Read full article » | Save to favorites »

Legal Job Sector Continued 5-Month Growth Streak In July

By Tracey Read

For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, according to preliminary data released on Friday by the U.S. Bureau of Labor Statistics.

Read full article » | Save to favorites »

Brief

Test-Taker's Collapse At NY Bar Exam Sparks Criticism

By Anna Sanders

New York bar-takers were allegedly forced to continue the test after witnessing a Fordham University School of Law graduate suffer a medical incident and receive CPR while she took the exam, according to the school and accounts posted online by people who said they were present.

Read full article » | Save to favorites »

DC Panel Calls For Former DOJ Official Clark's Disbarment

By Phillip Bantz

The majority of a Washington, D.C., lawyer ethics panel has called for the disbarment of Jeffrey Clark, a White House official and ally of President Donald Trump, over his efforts to overturn the 2020 presidential election.

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

NJ Court Will Mull Legality Of Habba's US Atty Appointment

By Lauren Berg

If Alina Habba was illegally appointed acting U.S. attorney in New Jersey, a pair of defendants in a drug trafficking case are not entitled to dismissal of the indictment, but it "appears appropriate" that Habba would be barred from prosecuting them, a federal judge ruled Friday.

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

Politics And Privacy Laws Collide 5 Years After Salas Shooting

By Jack Karp

Five years after a disgruntled litigant killed a New Jersey federal judge's son at their home, experts and judges disagree over whether the judicial privacy laws enacted following the shooting are doing much to protect jurists, while political leaders' heated rhetoric makes for an even more dangerous landscape for judges.

Read full article » | Save to favorites »

Analysis

Wheeling & Appealing: Midyear Highlights For Every Circuit

By Jeff Overley

In this special edition of Wheeling & Appealing, we're spotlighting key decisions and developments in every circuit court during the first half of 2025, while also previewing August's most intriguing oral arguments, including a remarkably "fierce" showdown between Edible Arrangements and 1-800-Flowers with millions of dollars in attorney fees on the line.

Read full article » | Save to favorites »

1st Circ. Doubtful Of Trump's Stance On Birthright Citizenship

By Chris Villani

The First Circuit on Friday seemed inclined to say that the children of unauthorized immigrants are citizens if they were born on U.S. soil, citing both the 14th Amendment and a subsequent U.S. Supreme Court ruling and pushing back on an argument by President Donald Trump's administration.

Read full article » | Save to favorites »

Brief

Ex-Copyright Chief Appeals Denial Of Reinstatement Bid

By Elliot Weld

The former head of the U.S. Copyright Office will appeal a D.C. federal judge's denial of her request to be immediately reinstated to her former position after she was fired by President Donald Trump while her suit remains pending.

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

NY Law Mandating Judicial Fine Declared Unconstitutional

By Madison Arnold

A New York state appeals court has declared unconstitutional a statute that mandates a judge forfeit $1,000 to a plaintiff if the judge refuses to issue a writ of habeas corpus.

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

Monthly Merger Review Snapshot

By Matthew Perlman

The U.S. Department of Justice abandoned its challenge of a corporate travel management deal, while lawmakers are calling for scrutiny of the agency's recent decision to settle a different case, and the Federal Trade Commission agreed to nix the requirements placed on a pair of oil and gas deals.

Read full article » | Save to favorites »

The Top In-House Hires Of July

By Michele Gorman

Legal department hires over the past month included high-profile appointments at Warner Bros. Discovery, Deutsche Bank and Kroger. Here, Law360 Pulse looks at some of the top in-house announcements from July.

Read full article » | Save to favorites »

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

By Max Austin

This past week in London has seen several telco giants hit with a trademark claim, a collapsed hotel company sue a property investor in an ongoing dispute over a decades-old hotel sale, and two litigation funders square off against each other.

Read full article » | Save to favorites »

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Department store retailer Dillard's has asked for a special shareholder's vote on Aug. 19 on management's plan to move its incorporation from Delaware to Texas, becoming the latest company to join the so-called DExit trend.

Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed Epic Games Inc.'s 2023 antitrust jury trial win, along with an injunction requiring Google to open its Google Play Store to rivals.

Read full article » | Save to favorites »

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.

Read full article » | Save to favorites »