Baltimore Sues Payday Lender Dave Over 'Usurious' Loans

By Dorothy Atkins

The city of Baltimore sued Los Angeles-based lender Dave Inc. in state circuit court Friday, alleging that the financial technology company disguises high-interest payday loans as "overdraft services," while charging "astounding, usurious" annual percentage rates exceeding 2,500%, which is far above Maryland's 33% legal limit.

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FTC Taps Goodwin Atty For Consumer Protection Deputy Role

By Emilie Ruscoe

A veteran of Goodwin Procter LLP has been tapped to serve as deputy director of the Federal Trade Commission's Bureau of Consumer Protection, the regulator announced.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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Warsh Clinches Trump's Nomination For Fed Chair

By Jon Hill

President Donald Trump is nominating former Federal Reserve Gov. Kevin Warsh to lead the central bank as its next chairman, elevating a critic of the Fed's leadership as the White House pushes against its traditional independence.

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Ex-TD Bank Employee Cops To Helping Launder Drug Money

By Katryna Perera

A former TD Bank NA employee who worked in Florida has pleaded guilty to accepting bribes and assisting in a money laundering scheme that illicitly sent millions of dollars in narcotics proceeds from the United States to Colombia while employed by the bank.

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Ex-CFO Says Gov't Can't Seize $35M In Funds He Never Had

By Ben Adlin

A former software executive convicted of illegally transferring $35 million to his own startup, only to lose the money in a cryptocurrency collapse, urged a Washington federal judge to reject the government's effort to seize the funds, arguing that he never personally obtained them.

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Startup Founder Ran $37M 'Ponzi-Like' Scheme, SEC Says

By Emilie Ruscoe

A Silicon Valley software startup owner faces U.S. Securities and Exchange Commission claims he defrauded at least 100 would-be investors as he raised $37 million, using their money to cover his and his company's expenses in a Ponzi-like scheme.

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Short Seller Seeks Exit From Blockchain Co.'s Defamation Suit

By Katryna Perera

A short seller claimed an Illinois federal court lacks both subject-matter and personal jurisdiction to hear a defamation suit brought by a blockchain-focused artificial intelligence firm, saying the suit should be tossed because the parties and the allegations in the case have no meaningful connection to Illinois.

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Analysis

Real Estate Attys 'Not Going In Blind' Amid Data Center Boom

By Chris Villani

The explosion of artificial intelligence has created a sharp demand for new data centers with no signs of slowing down, posing challenges that have some real estate attorneys turning to well-worn playbooks from other industries.

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Brief

McDermott Hires Crypto Pro From OKX For Specialist Team

By Andrea Keckley

The former deputy general counsel and head of legal for the Americas at crypto exchange OKX has joined McDermott Will & Schulte LLP, the firm said.

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3 Key Ohio Financial Services Developments From 2025

Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.

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4 Quick Emotional Resets For Lawyers With Conflict Fatigue

Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

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FTC Warns 42 Law Firms Of DEI 'Anticompetitive Collusion'

By Sarah Jarvis

The Federal Trade Commission announced Friday that it has sent warning letters to 42 major law firms for their purported participation in an outside diversity, equity and inclusion program, alleging their participation could constitute anticompetitive collusion.

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Susman Faces Suit After Ex-Client's Arbitration Loss

By Adam Lidgett

Susman Godfrey LLP and a litigation funding business were hit with a lawsuit in Texas state court by an Irish patent litigation business that is challenging the outcome of an arbitration proceeding putting it on the hook for more than $37.8 million.

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Attys Rip Judge-Shopping Sanctions As Bid To 'Rewrite' Rules

By Jake Maher

Two Alabama attorneys who were sanctioned for allegedly judge shopping in a civil rights case urged the Eleventh Circuit to toss the sanctions Friday, arguing the judges accusing them were seeking to "rewrite" the Federal Rules of Civil Procedure.

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Brief

Bill Regulating Attorney AI Use Passes California Senate

By Emily Sawicki

A proposed California law that would regulate attorneys and arbitrators' use of generative artificial intelligence statewide has headed to the Assembly after the state Senate unanimously approved the measure.

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Colo. Firm Hit With Proposed Class Action Over Data Breach

By Rachel Konieczny

A Colorado law firm failed to properly care for the personal information of clients and their customers and did not provide adequate notice of a February 2025 data breach, according to a proposed class action in state court.

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Litigation Funder Suit Against Janus Henderson Can Proceed

By Ryan Boysen

A lawsuit that claims a Janus Henderson Group subsidiary schemed to take over a mass torts litigation funder can go forward, after a Delaware Chancery Court judge ruled the funder's case was compelling enough to survive a motion to dismiss.

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House To Vote On Reform Of Court Nondisclosure Orders

By Courtney Bublé

Sen. Lindsey Graham, R-S.C., fumed at the House on Friday for trying to undo a provision that allows him and other senators investigated by special counsel Jack Smith to sue for damages and held up the government funding vote as a result. But a bill the House is poised to take up next week could alleviate some of his concerns.

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9th Circ. Says DOJ Can Withhold VW Grand Jury Records

By Emily Field

The Ninth Circuit on Friday held that the U.S. Department of Justice couldn't be forced to hand over about 6 million Volkswagen documents that were part of a Jones Day investigation into the automaker's 2015 emissions-cheating scandal, as the government obtained them through a grand jury subpoena.

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Analysis

The Message From Delaware Courts: Change Is Coming

By Jeff Montgomery

Delaware's Supreme Court delivered a reminder to the state's corporation law ecosystem recently with a reversal of a Court of Chancery decision invalidating a 7-year-old stockholder agreement that granted broad corporate powers to investment bank Moelis & Co.'s founder.

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Roundup

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

By Max Austin

This past week in London saw collapsed solar bonds company Rockfire Capital sue the Royal Bank of Scotland, e-ticket platform Eventbrite target the owners of Salford Red Devils rugby club over an alleged contract breach, and Scottish distiller William Grant & Sons square off against a former MP in a trademark tussle tied to its Glenfiddich whisky. 

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

When Minnesota-based companies publicly called for de-escalation after two fatal shootings by federal ICE agents, the nation saw how CEOs and their general counsel can step up amid controversy. And a new study shows that white collar offenders received more than half of all recent pardons. These are some of 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

Kellogg Hansen Todd Figel & Frederick PLLC leads this week's edition of Law360 Legal Lions, after a D.C. Circuit panel revived a lawsuit that accuses pharmaceutical companies of aiding a Hezbollah-linked militia's terrorism in Iraq.

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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.

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