House Ag Leaders Urge Trump To Fill Bipartisan CFTC Seats

By Aislinn Keely

Leaders of the House agriculture committee are jointly urging President Donald Trump to nominate bipartisan candidates to the U.S. Commodity Futures Trading Commission to serve alongside lone Republican Chairman Michael Selig.

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Fintech Yotta To Pay Calif. $1M Over False FDIC Claims

By Aislinn Keely

California's Department of Financial Protection and Innovation has brought two fintech-focused actions, levying a $1 million fine against a partner of collapsed fintech Synapse and separately mandating a bitcoin ATM operator shut down its kiosks in the state.

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Brief

Bitcoin Depot Hits Ch. 11, Blaming Crypto Crackdown

By Rick Archer

Bitcoin Depot, a nationwide operator of bitcoin automatic teller machines, filed for Chapter 11 protection in a Texas bankruptcy court with nearly $27 million in debt and plans to wind down and sell its assets, blaming increasingly stringent regulation and enforcement.

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SEC Ends 'Gag Rule' Policy For Enforcement Settlements

By Jessica Corso

The U.S. Securities and Exchange Commission on Monday scrapped a decades-old enforcement policy that prohibited settling parties from denying the agency's allegations against them, saying the policy made it appear as though the SEC was trying to "shield itself from criticism."

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Justices Refuse To Review Alice Ax Of $223M USAA Case

By Ryan Davis

The U.S. Supreme Court on Monday rejected the United Services Automobile Association's appeal of a Federal Circuit decision that wiped out $223 million in judgments it won against PNC Bank and found the mobile check deposit patents at issue invalid for covering only abstract ideas.

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Series

Judges On AI: How Courts Can Survive The Tech Revolution

Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

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The 2026 Summer Associates Survey

By Daniela Porat

Law students hoping to land summer associate roles at their dream firms have to start applying earlier and earlier, forcing students to strike a difficult balance between focusing on academics and completing applications. Find out how students navigated the ever-competitive process and which firms topped students’ wish lists in the latest survey from Law360 Pulse.

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2nd Circ. Nixes $900M Suit Against Boies Schiller, Dentons

By Caroline Simson

The Second Circuit Tuesday refused to revive a racketeering lawsuit seeking up to $900 million in damages from Dentons and Boies Schiller Flexner LLP, in which the BigLaw firms were accused of misleading a former client in relation to a deal, and later arbitration, involving Senegal's state-owned energy company.

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Q&A

She Has A Point: Sheppard's Michelle Replogle

By Theresa Schliep

When Michelle Replogle of Sheppard and Nitika Gupta Fiorella of Fish & Richardson PC were opponents in a patent case, Fiorella said, Replogle stood out for her expertise and respect, which she showed to everyone regardless of their experience or whom they represented in the litigation.

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$1.8B IRS Deal Fund 'Not Slush Fund,' Blanche Tells Senators

By Courtney Bublé

Acting Attorney General Todd Blanche argued before a Senate committee on Tuesday that the nearly $1.8 billion settlement fund announced on Monday as part of the president's settlement with the Internal Revenue Service over his leaked tax documents "is not a slush fund."

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Quinn Emanuel Owes More Sanctions In Guardant Fight

By Lauren Berg

Quinn Emanuel and its team representing medical testing company Natera will shoulder further sanctions on top of the $3 million already imposed over the firm's misrepresentations concerning an expert witness in Guardant Health's false advertising case, a California federal judge ruled Tuesday.

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Nelson Mullins Partner Confirmed To SC Federal Bench

By Courtney Bublé

The Senate voted 52-38 on Tuesday to confirm Sheria Clarke, a partner at Nelson Mullins Riley & Scarborough LLP, as a judge for the District of South Carolina.

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Brother May Pay Ex-BigLaw Atty's Legal Fees In Insider Case

By Julie Manganis

A former BigLaw associate charged with orchestrating a sweeping insider trading scheme can have his legal expenses covered by his co-defendant brother if the two waive potential conflicts, a Massachusetts federal magistrate judge said Tuesday.

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Seeborg's Term As Calif. Northern District Chief Judge To End

By Bonnie Eslinger

Chief District Judge Richard Seeborg is expected to conclude his time as the top judge for the Northern District of California in July, according to a spokesperson for the judiciary, to be succeeded by U.S. District Judge Yvonne Gonzalez Rogers.

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Ex-Trader Says Crypto Co.'s Bid For Sanctions Is 'Unfounded'

By Hayley Fowler

A former trader said a cryptocurrency company is using an "unfounded" characterization of his deposition conduct to seek sanctions and lend credence to facts it hasn't otherwise been able to prove in its suit accusing him of usurping $8.1 million in digital assets.

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