Fidelity National Agrees To $210M WorldPay Merger Suit Deal

By Rae Ann Varona

Fidelity National Information Services has agreed to a $210 million settlement that resolves a proposed class of investors' claims that the fintech misrepresented the success prospects of its multibillion-dollar acquisition of payment processor Worldpay, according to an unopposed motion seeking a Florida federal court's preliminary approval of the deal.

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CFTC Acting Chair Departs As New Leader Sworn In

By Sydney Price

The U.S. Commodity Futures Trading Commission's acting chair said Monday she would leave the agency at the end of the day, an announcement that followed the approval of her successor and her previous announcement that she is taking a role at a cryptocurrency company.

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PayPal Pares Bias Suit Over Minority-Focused Economic Fund

By Rae Ann Varona

A New York federal judge trimmed down a venture capital firm CEO's lawsuit accusing PayPal of discriminating against Asian Americans in a $500 million economic opportunity fund for Black- and minority-led businesses in 2020, allowing two claims against the financial technology company to go forward while tossing a couple of others.

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Aritzia, J. Crew, Albertsons, More Sued Over Card Reader IP

By Hailey Konnath

The owner of a series of patents covering credit card reader technology has filed a slew of infringement suits against retailers, including Aritzia, J. Crew and Albertsons, claiming the companies infringed the patents with their payment processing systems.

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Advocacy Groups Warn Against Kalshi's Gambling Push

By Hayley Fowler

A trio of nonprofits that advocate against gambling are fighting betting company Kalshi's efforts to curb Maryland gaming regulators' oversight, telling the Fourth Circuit that health consequences and threats to elections and youth sports would be significant if Kalshi succeeds.

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JPMorgan Rips Javice Attys' 'Absurd' Bills For Candy, Booze

By Dorothy Atkins

JPMorgan has unveiled new details in its ongoing legal fee fight with Charlie Javice, accusing the convicted financial aid startup founder's Quinn Emanuel defense counsel and other firms of billing for "absurd" and "outrageous" expenses, including specialty cocktails, cellulite butter, a Cookie Monster toy and $530 on gummy bears.

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Draft House Bill Would Clarify Tax Rules For Digital Assets

By Molly Moses

A bipartisan draft bill in the U.S. House would modernize the federal tax code for digital assets, its backers said, by establishing a "commonsense tax treatment" for regulated payment stablecoins, clarifying source-of-income rules for trading and extending existing securities-lending rules to digital assets.

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Hochul Signs AG James' Bill To Expand Consumer Law

By Sarah Jarvis

New York Gov. Kathy Hochul has signed into law New York Attorney General Letitia James' legislation to expand the state's ban on deceptive business practices to also protect against unfair and abusive practices, in the first updates to the state's primary consumer protection law in 45 years.

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SEC Accuses 7 Cos. Of Crypto 'Confidence Scam'

By Jessica Corso

The U.S. Securities and Exchange Commission sued a group of companies Monday in Colorado federal court, aiming to reclaim $14 million that it is alleging the firms stole from U.S. investors in a cryptocurrency "confidence scam" and funneled abroad.

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CFTC Suit Adds To Convicted Crypto Fraudster's Woes

By Emilie Ruscoe

The CEO of a collapsed cryptocurrency commodity pool who earlier admitted to a wire fraud conspiracy charge now faces U.S. Commodity Futures Trading Commission civil claims over what prosecutors say was a $10 million Ponzi scheme.

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NY's James, 21 Other Dem AGs Say CFPB Defunding Unlawful

By Craig Clough

New York Attorney General Letitia James led a coalition of nearly two dozen Democratic attorneys general in claiming the Trump administration's effort to defund the Consumer Financial Protection Bureau is illegal, telling an Oregon federal court Monday the municipalities are statutorily entitled to the CFPB's resources

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4 Robbins Geller Attys To Join New Securities Boutique

By Daniel Connolly

The managing partner of the New York City office of midsized law firm Robbins Geller Rudman & Dowd LLP is leaving with three other securities partners to join a new securities boutique that was launched by a lawyer who recently left Bernstein Litowitz Berger & Grossmann LLP in a contentious exit.

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Brief

Feds Snatch $8.5M In Crypto Connected To Investment Scam

By Hayley Fowler

Federal prosecutors have seized $8.5 million in the cryptocurrency Tether that investigators say belongs to victims who were allegedly lured into investing in bogus cryptocurrency trading schemes, the U.S. Attorney's Office for the Eastern District of North Carolina said.

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Regulatory Rollback And Lingering Limbo: The CFPB In 2025

The Consumer Financial Protection Bureau has implemented significant changes since President Donald Trump took office in January, including dismissing actions with prejudice, withdrawing guidance and rescinding rules, casting the bureau in uncertain light heading into 2026, say attorneys at Mayer Brown.

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The Major Securities Litigation Rulings And Trends Of 2025

The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.

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2025 Calif. Banking Oversight Centered On Consumer Issues

The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

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Bonus Spotlight

Haynes Boone, Seward & Kissel Announce Year-End Bonuses

By Aebra Coe

Haynes Boone is handing its associates year-end and special bonuses in line with those offered by a significant portion of BigLaw this year, largely adhering to a bonus scale first put forward by Cravath Swaine & Moore LLP in November, a firm spokesperson confirmed Monday.

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Analysis

4 Legal Ethics Matters That Rocked 2025

By Emily Sawicki

This year, judges across the country grappled with attorneys' use and misuse of generative artificial intelligence, and prominent federal prosecutor battles dominated headlines in some of the top legal ethics matters of 2025.

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DOJ Challenges ABA's Standing In Law Firm Intimidation Suit

By Ryan Boysen

The Trump administration is not waging an intimidation campaign against U.S. law firms, the government said Friday, calling an American Bar Association lawsuit challenging its alleged "law firm intimidation policy" as total speculation that must be dismissed due to lack of standing.

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Ex-CIA Director's Lawyers Accuse DOJ Of Judge Shopping

By Carolina Bolado

Former CIA Director John Brennan's attorneys asked the chief judge for the Southern District of Florida on Monday to block prosecutors from trying to steer any potential charges against him for investigating Russia's 2016 election interference to U.S. District Judge Aileen Cannon's courtroom.

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Analysis

2025 Was A Policy Year Like No Other For Immigration Attys

By Britain Eakin

This year brought nonstop immigration policy whiplash as the Trump administration ramped up enforcement, triggering panic among employers about I-9 compliance in a landscape of constantly shifting adjudication and work authorization policies. Here, Law360 looks at how policy shifted attorney practice in 2025.

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Calif. Atty Slams 'Protectionist' ABS Fee-Sharing Ban

By Emily Sawicki

A California attorney has pushed back on opposition from California's attorney general and the state's bar association amid his efforts to block enforcement of a ban on fee sharing with out-of-state law firms owned by nonattorneys, arguing the new state law is a "protectionist act, in defiance of the constitution."

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LawFirms.com Beats LegalForce's TM Suit After Bench Trial

By Ivan Moreno

A California judge has concluded that a company that operates LawFirms.com did not infringe a law firm's trademarks for LegalForce, saying that during a four-day bench trial in October the court found "no one was actually confused or misled."

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Schumer Pushes Senate To Sue Over Epstein File Release

By Courtney Bublé

Senate Minority Leader Chuck Schumer, D-N.Y., introduced a resolution on Monday that would direct the Senate to take legal action to force the Trump administration to fully comply with the law to release the files of the late financier and sex offender Jeffrey Epstein.

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Analysis

As US Executions Decline, Florida Surges

By Brandon Lowrey

During Florida's 1994 gubernatorial race, Republican candidate Jeb Bush accused Democratic incumbent Lawton Chiles of being too soft on crime; Chiles' immediate predecessor, Bush pointed out, had signed almost 10 times as many death warrants as Chiles had.

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Catching Up With Delaware's Chancery Court

By Jeff Montgomery

Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.

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