'I Won't Be A Silent Jury,' Judge Says As SVB Trial Wraps

By Bonnie Eslinger

The California federal judge overseeing the bench trial on the Federal Deposit Insurance Corporation's claim that Silicon Valley Bank's officers mismanaged its assets before the bank's 2023 collapse told the two sides on Wednesday to be prepared for interruptions to their closing arguments, saying "I won't be a silent jury."

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'Bind Our Agency': Vought Urges House To Curb CFPB Powers

By Jon Hill

The Consumer Financial Protection Bureau's acting Director Russell Vought told a U.S. House of Representatives panel Wednesday that the agency shouldn't "exist in its current form," urging lawmakers to further rein in its funding and authority as he prepares to exit as interim chief.

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Fintech's New Brass Drained Company With Fees, Suit Says

By Katryna Perera

A financial technology and security firm led in part by the former CEO of Honeywell International faces an investor suit alleging he and others took control of the business and turned it into a "highly leveraged conglomerate" from which they profited by "extracting exorbitant management fees" at shareholders' expense.

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Analysis

Circuit-By-Circuit Guide To The US Supreme Court's Term

By Jeff Overley

Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.

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Miami Man Gets Prison For Running Zelle Scam 'Money Mules'

By Brian Steele

A Florida man who admitted to playing a role in scams that stole nearly $660,000 from victims including Zelle users has been sentenced to 32 months in prison.

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PayPal Stock Jumps After Reported $53B Stripe, Advent Bid

By Al Barbarino

PayPal Holdings Inc. shares were up more than 16% on Wednesday afternoon following reports that payments company Stripe and private equity firm Advent International have made a roughly $53 billion offer to acquire the company.

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What Ga. Stablecoin Licensing Law Means For Payments Cos.

Georgia recently enacted one of the first state-level licensing frameworks for stablecoin issuance aligned with the Genius Act, which may appeal to eligible companies by making licensure accessible to nondepository entities and potentially offering easier access to regulatory guidance, say attorneys at Eversheds Sutherland.

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Take The 2026 Law Firm Compensation Survey

Is your compensation keeping pace with the rate of inflation? Do you know what your colleagues made last year? Help Law360 Pulse answer these questions and more in this year's Law Firm Compensation Survey.

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Simpson Thacher Put Co. Out Of Business, Fla. Jury Told

By Cara Salvatore

Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening arguments for trial in his suit alleging the law firm owes him more than $100 million.

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New Conn. High Court Rules Put Filers On Hook For AI Errors

By Aaron Keller

The Connecticut Appellate and Supreme Courts have published new generative artificial intelligence rules which took immediate effect this week, outlining additional paths for sanctions as the justices weigh the fate of a landlord's attorney who admitted his filings contained ChatGPT-induced errors.

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Cornyn, Tillis Still Waver On Blanche AG Bid After Hearing

By Courtney Bublé

Todd Blanche had his nomination hearing to be attorney general on Wednesday and two key Republican senators still have yet to say if they will support him.

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Senate Confirms Fla. Judge Pick Tied To Trump Pulitzer Case

By Courtney Bublé

The Senate voted 51-46, along party lines, Wednesday to confirm state Chief Judge Jeffrey T. Kuntz for the Southern District of Florida.

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Apple Allowed To Question Withdrawing Hagens ICloud Client

By Bryan Koenig

A California federal judge has allowed Apple to impose conditions on the withdrawal of a Hagens Berman Sobol Shapiro LLP client as a named plaintiff from an iCloud antitrust case, concluding that the consumer's information could be "relevant to spoliation sanctions" or Hagens Berman's adequacy as class counsel.

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Polsinelli, Doctor Seek Toss Of 'Bad Faith' Patent Claims

By Elliot Weld

Polsinelli PC and a doctor who has been a client of the law firm have asked Mississippi and Tennessee federal courts to throw out Zavation Medical Products LLC and Choice Spine LLC's allegations that the firm and its client violated respective state laws by bringing "bad faith" patent infringement claims, saying the statutes the medical device makers rely on can't be brought by distributors or manufacturers.

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Trump Swiftly Fires Court-Appointed Seattle US Atty

By Lauren Berg

Almost immediately after being sworn in as Seattle's new U.S. attorney Wednesday morning, former King County Superior Court judge and federal prosecutor Roger Rogoff was fired by President Donald Trump.

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Dems Probe Clayton's Independence, 2020 Election Views

By Tom Lotshaw

During a Wednesday confirmation hearing for President Donald Trump's pick for national intelligence director, Democratic lawmakers pressed Jay Clayton to explain whether predecessor Tulsi Gabbard should have traveled to Georgia to oversee a search warrant executed at a Fulton County election facility, which she testified the president asked for.

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