Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.
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TOP NEWS

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Feds Say Stolen BigLaw Deal Info Aided Huge Trading Scheme

By Chris Villani

Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.

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TikTok Not Shielded From Mass. AG Case, Judge Says

By Julie Manganis

A Massachusetts judge will allow a social media addiction suit brought by the state attorney general against TikTok to proceed, rejecting claims that the company is shielded by the Communications Decency Act and the First Amendment.

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Meta's Exploitation Reporting Needs Work, NM Judge Told

By Cara Salvatore

An executive for a child protection organization told a New Mexico judge Wednesday that "ongoing quality issues" with Meta's reporting and the use of message encryption have made it harder to deliver actionable reports to law enforcement, as the state seeks $3.7 billion in reforms at the social media company.

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DHS Can Withhold Some Border Search Records, Judge Says

By Elaine Briseño

A federal judge in Washington has partially sided with immigration officials' decision not to provide some information about border searches of electronic devices that a First Amendment group at Columbia University requested, finding the documents contained privileged, decision-making details.

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High Court Rejects Apple's Bid To Pause App Store Ruling

By Matthew Perlman

The U.S. Supreme Court on Wednesday rejected Apple's request to pause a mandate in the case from Epic Games that directs a lower court to determine what commission Apple can charge developers for purchases made outside of its app store through links.

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POLICY & REGULATION

Mobile Industry's Pai Calls For More Exclusive Airwaves For AI

By Christopher Cole

Major wireless carriers are looking toward a future driven by artificial intelligence, but say its full potential can only be reached if policymakers give them more access to exclusive airwaves in the prime midband range.

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ENFORCEMENT

'GothFerrari' Gets 6.5 Years For Role In $250M Crypto Heist

By Bonnie Eslinger

A 20-year-old California man with the nickname "GothFerrari" was sentenced in federal court Wednesday to 78 months behind bars for his role in a sprawling cyber scam involving more than a dozen defendants who stole more than $250 million in cryptocurrency from people across the United States, according to prosecutors.

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LITIGATION

Amazon Sees What You See On Your Fire TV, Users Claim

By Ben Adlin

Amazon customers claimed in a proposed nationwide class action Wednesday that the e-commerce giant's Fire TV products illegally capture and analyze everything that users see and hear through their devices, including streamed content, personal photos and security camera streams.

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Pot Patients Defend Claims In Dispensary Data Privacy Suit

By Mike Curley

A group of medical cannabis patients are pushing back on a bid from a technology company to dismiss their claims that it shares their medical information with outside vendors, saying they have sufficiently pled their allegations that they did not consent to such sharing and they were injured by the disclosure.

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Home Security Firms Hit With TCPA Suit Over Sales Calls

By Matthew Santoni

A pair of home security companies violated the federal Telephone Consumer Protection Act by making unsolicited robocalls to try and sell security systems, according to a proposed class action filed in a Pennsylvania federal court.

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Booz Allen Says Fla. Senator's Tax Leak Suit Is Too Late

By Carolina Bolado

U.S. Sen. Rick Scott, R-Florida, waited too long to file a lawsuit over the leak of his personal tax returns, according to federal contractor Booz Allen Hamilton, which moved to dismiss the suit Tuesday.

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Conn. Credit Union Says Data Breach Anxiety Can't Spur Suit

By Brian Steele

Threats of future harm and "generalized anxiety" about possible identity theft are not enough to support a proposed class action against a Connecticut credit union hit with a data breach, and there's no reason to believe cybercriminals accessed member accounts, the defense has told a federal court in seeking dismissal.

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Citizens Bank Customer Says Software Vendor Leaked Info

By Sydney Price

Communications software company Sefas Innovation Inc. has been hit with a proposed class action in Massachusetts federal court accusing it of failing to safeguard the data of its clients' customers from cybercriminals, resulting in a breach of its records in April.

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EXPERT ANALYSIS

High Court's Cox Ruling Leaves ISP Copyright Rules Intact

Though some commentators predicted a cataclysmic impact from the U.S. Supreme Court's recent decision in Cox v. Sony, in actuality the decision correctly maintains the status quo for internet providers' copyright infringement liability, says Courtney Sarnow at CM Law.

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LEGAL INDUSTRY

McDermott Is Cutting Its Associate Ranks

By Aebra Coe

McDermott Will & Schulte is downsizing its associate ranks less than a year after the firm was created via a combination of legacy firms McDermott Will & Emery and Schulte Roth & Zabel, the law firm confirmed Wednesday.

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Roberts Says High Court's Job Is To Make Unpopular Rulings

By Katie Buehler

Chief Justice John Roberts said Wednesday that the U.S. Supreme Court often must issue "unpopular" opinions, as the high court faces widespread backlash over its recent ruling limiting the Voting Rights Act's use in challenging racial discrimination in congressional redistricting.

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The Top Law Schools For Every Career Path: Class Of 2025

Where do law school graduates end up once they dive into the job market? Find out which schools came out on top for job placements in BigLaw, federal and state court clerkships, and other legal industry sectors.

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Atty Sanctioned Over Bogus Citations In Forced Labor Case

By Jake Maher

A Maine federal judge has sanctioned an attorney for submitting court filings with fake legal citations to oppose the dismissal of a forced labor trafficking suit against a school, after using an artificial intelligence platform.

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Feds Say 4th Circ. ICE Ruling Doesn't Help Ex-Wis. Judge

By Ryan Boysen

Former Wisconsin state judge Hannah C. Dugan can't use a recent Fourth Circuit ruling to overturn her conviction for obstructing ICE officers, the federal government said Wednesday, calling that ruling "merely relevant" and not at all binding.

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NC Man Pleads Guilty To Doxxing Justice's Home Address

By Bonnie Eslinger

A North Carolina man who posted the home address of a U.S. Supreme Court justice online and suggested violence against members of the high court pled guilty Wednesday to a "doxxing" charge with the intent to "threaten, intimidate, or incite a crime of violence" against the justice.

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Judge Won't Force Hunter Biden's Foreign Agent Registration

By Jack McLoone

A Washington, D.C., federal judge won't force the U.S. Department of Justice to register Hunter Biden as a foreign agent, dismissing a suit brought by a group founded by now-Deputy White House Chief of Staff Stephen Miller because it can't establish it suffered an injury.

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LAW FIRMS IN TODAY'S NEWS

Black Helterline

Bradley Arant

Bryson Harris Suciu & DeMay

CM Law PLLC

Campbell Conroy

Cole & Van Note

Cravath Swaine

Faegre Drinker

Federman & Sherwood

Gimbel Reilly

Goodwin Procter

Gordon Rees

Jenner & Block

Justice Law Collaborative

Kellogg Hansen

Latham & Watkins

Levi & Korsinsky

Lowther Walker

McDermott Will & Schulte

Milberg PLLC

Miller Nash LLP

Motley Rice

O'Melveny & Myers

Olsen Barton

Perkins Coie

Reardon Scanlon

Saul Ewing

Schubert Jonckheer

Shamis & Gentile

Shook Hardy

Sidley Austin

Siri & Glimstad

Stoel Rives

Strang Bradley

Tycko & Zavareei

Verrill Dana

Wachtell Lipton

Weil Gotshal

COMPANIES IN TODAY'S NEWS

AOL

AT&T Inc.

Actelion Ltd.

Amazon.com Inc.

American Bar Association

Anadarko Petroleum Corp.

Apple Inc.

BMG Rights Management GmbH

Booz Allen Hamilton Holding Corp.

CTIA

Citadel Enterprise Americas LLC

Courier Plus Inc.

Cox Communications Inc.

Curaleaf Holdings Inc.

Duke University

Epic Games Inc.

Equifax Inc.

Ferro Corp.

Friends of Animals

Garden Remedies Inc.

Google LLC

Instagram Inc.

Johnson & Johnson

Judicial Watch Inc.

Meta Platforms Inc.

Microsoft Corp.

New England Treatment Access LLC

Occidental Petroleum Corp.

Paypal Holdings Inc.

Permira

Rhapsody International Inc.

Sony Group Corp.

Sony Music Entertainment Inc.

T-Mobile US Inc.

TikTok Inc.

Trump Organization Inc.

Universal Studios Inc.

Verizon Communications Inc.

YouTube Inc.

eBay Inc.

iRobot Corporation

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commonwealth of Massachusetts

Federal Communications Commission

Federal Trade Commission

Internal Revenue Service

Massachusetts Supreme Judicial Court

New Mexico Attorney General's Office

Superior Court of Massachusetts

U.S. Attorney's Office

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

U.S. Attorney's Office for the Eastern District of Wisconsin

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

U.S. Copyright Office

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Customs and Border Protection

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

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 Maine

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of Oregon

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

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 Southern District of New York

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

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

U.S. Immigration and Customs Enforcement

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin