OCC Says AI Presents A Double-Edged Sword To Banks

By Sarah Jarvis

Artificial intelligence is "significantly transforming" the cybersecurity threat landscape for banks while also presenting opportunities to help defend against those heightened risks, according to a new report from the Office of the Comptroller of the Currency.

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Analysis

Social Media Litigation Gains Reveal Potential Regulatory Path

By Allison Grande

Recent suits by a social media user and two state attorneys general in their bids to hold Meta and other tech giants accountable for the allegedly addictive nature of their platforms have brought to the forefront a potentially lucrative strategy for more broadly regulating online harms, as the First Amendment and other roadblocks continue to stymie legislative efforts.

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Calif. Hits GM With Record $12.75M Data Privacy Penalty

By Allison Grande

General Motors has agreed to pay $12.75 million — the largest penalty imposed to date under California's data privacy law — and halt its sale of geolocation and driver behavior data to consumer reporting agencies to resolve claims that it illegally kept and handed off this information to a pair of data brokers, California's attorney general and several other state enforcers announced Friday.

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Ex-Wachtell Lipton Atty Tied To Stolen BigLaw Info Trades

By Chris Villani

A former Wachtell Lipton Rosen & Katz attorney who later worked for investment bank LionTree LLC is an unindicted co-conspirator in a sweeping alleged insider trading scheme that involved stolen information from several prominent law firms, according to a review of publicly available information.

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EdTech Platform Canvas Accused Of Lax Security After Breach

By Allison Grande

The operator of Canvas, a popular educational software tool used by thousands of schools and universities, is facing more than a half-dozen proposed class actions filed in Utah and New York federal courts following its disclosure of a cyberattack tied to a hacking group that's claimed to have gained access to personal data belonging to more than 275 million students and teachers.

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Colo. Legislators Pass Bill Limiting Surveillance Pricing

By Rachel Konieczny

The Colorado General Assembly has passed a bill that limits companies and others from using consumers' and workers' personal data for setting individualized consumer prices and worker wages.

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Google Denied Early Bid To Pause Search Data Sharing Duties

By Matthew Perlman

A D.C. federal court rejected Google's request to pause parts of an order in the government's search monopolization case requiring it to give rivals syndicated search results and data, but will allow Google to try again once a competitor is lined up for access.

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Social Media Harm To Teens Can Be Pinpointed, Judge Told

By Cara Salvatore

Social media's degree of blame for New Mexico teens' mental health challenges can be statistically isolated and quantified, a health computational scientist testified Friday in the state's $3.7 billion bench trial against Meta.

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Redgrave Adds Ex-Coinbase, AT&T Atty In DC Partner Hire

By Joyce Hanson

Electronic discovery and information law firm Redgrave LLP has hired a new partner to work in its Washington, D.C., office, saying he has played senior legal roles at a cryptocurrency exchange, a major telecommunications company and a disputes and forensic technology firm.

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How New E-Evidence Rules Will Affect EU-US Data Transfers

The forthcoming European Union e-evidence regulation signals the need to preserve digital evidence that is stored outside the issuing jurisdiction, bringing the EU significantly closer to the model employed by the U.S. and reflecting a shift in the legal landscape for cross-border data transfers, say lawyers at MoFo.

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Notable Q1 Updates In Insurance Class Actions

Notable insurance class action decisions from the first quarter of the year included reminders about the statute of limitations as a key defense for claims relating to allegedly deficient forms, the importance of focus on the specific contract at issue and further guidance on the contours of Rule 23, says Kevin Zimmerman at BakerHostetler.

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The Ethics And Practicalities Of Representing AI Agents

With autonomous artificial intelligence agents now able to take action without explicit instructions from — or the awareness of — their human owners, the bar must confront whether existing frameworks like informed consent and client privilege will be sufficient on the day an AI agent calls seeking counsel, say attorneys at Morrison Cohen.

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Legal Industry Bounces Back, Gaining 2,400 Jobs In April

By Tracey Read

The legal sector is once again on a positive trajectory, gaining 2,400 jobs last month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

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Top Atty In DOJ Appeal Over Law Firm Exec Orders To Depart

By Jake Maher

The lead federal prosecutor on the Trump administration's appeal to reinstate executive orders targeting four law firms is stepping down from his government role at the end of May, he publicly announced this week.

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DLA Piper Accused Of 'Frivolous' Suit To Please Chipotle GC

By Gina Kim

DLA Piper aggressively litigated a "frivolous" computer fraud lawsuit against a nonprofit volunteer in order to appease the then-general counsel of Chipotle, a client, who referred the case to the firm, according to a malicious-prosecution complaint filed Thursday in California state court. 

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Prosecutor Faces Probe Into Withheld Immigration Case Info

By Bonnie Eslinger

The lead assistant federal prosecutor for Rhode Island's civil division is under investigation for allegedly withholding information in an immigration case, according to an order from the Ocean State's top federal judge.

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Prosecutors Oppose Move To Put Off Goldstein Sentencing

By Jared Foretek

Federal prosecutors are claiming that SCOTUSblog founder Thomas Goldstein may have violated his pretrial release conditions when he racked up over $1.7 million in gambling income last year, telling a federal judge not to delay sentencing for the famed U.S. Supreme Court lawyer.

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Tort Report: Tesla's Legal Exposure Seen As High As $14.5B

By Y. Peter Kang

A new report stating that Tesla faces billions in legal liabilities and a $140 million football brain injury verdict against the NCAA lead Law360's Tort Report, which compiles recent personal injury and medical malpractice news that may have flown under the radar.

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Roundup

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

By Laura Stewart Liberty

The past week in London has seen Morrisons sued by a former logistics partner, EDF and Cripps LLP face a claim brought by a family estate near Hinkley Point C and a former BBC broadcaster file a defamation claim against a Welsh news site over articles linking her to Russian state media and conspiracy theories. Here, Law360 looks at these and other new claims in the U.K.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

The head of the U.S. Department of Labor's employee benefits section said agency investigations will focus on benefit plan managers' loyalty conflicts, including pursuit of socially conscious goals. Meanwhile, Dell became the latest company to consider Texas as its new legal home. These are among the stories in corporate legal news you may have missed in the past week.

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Law360's Legal Lions Of The Week

By Kevin Penton

The National Immigrant Justice Center and the American Civil Liberties Union lead this week's edition of Law360 Legal Lions, after a split Seventh Circuit panel rejected the Trump administration's argument that immigrants unlawfully in the United States have no due process rights.

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In Case You Missed It: Hottest Firms And Stories On Law360

By Adam LoBelia

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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