Binance.US, Crypto Data Site Beat Antitrust Suit Again

By Emilie Ruscoe

Binance.US and a digital asset market data website have again beaten proposed class action claims they suppressed a cryptocurrency's value by misstating its ranking in violation of federal antitrust law and commodities regulation, though the investor who brought the suit has a chance to revise the claims.

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Brief

Robinhood Clears Fla. AG Probe Of Crypto Platform Marketing

By Jon Hill

Robinhood Markets Inc. told investors on Wednesday that Florida's attorney general has closed an investigation into the marketing practices of its crypto trading arm, ending a probe that had scrutinized whether the company misled customers about trading costs.

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PayPal 'Too Optimistic' With 2027 Forecast, Investors Say

By Sydney Price

PayPal was hit with a shareholder's proposed class action accusing it and its executives of damaging investors by walking back positive guidance and a strong growth trajectory for its branded checkout segment earlier this month.

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BofA Military Interest Cap Suit Should Be Tossed, Judge Says

By Katryna Perera

A North Carolina federal judge has recommended tossing a proposed class action accusing Bank of America of violating an interest cap law for military service members, saying the veteran plaintiffs have failed to allege any actual violations of federal or state law.

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Trump Admin Doubles Down At DC Circ. In Fight Over CFPB

By Jon Hill

The Trump administration has pressed the D.C. Circuit to lift an injunction barring mass layoffs at the Consumer Financial Protection Bureau, slamming it as a "sweeping intrusion" on agency management that rests on incorrect speculation about what the end goal is.

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Investor Settlement Value Hit 3-Decade High In '25, Report Says

By Jessica Corso

Public-company shareholders saw fewer cases settle last year, but many won more money than ever from the lawsuits that did settle, according to a report released Thursday by Cornerstone Research.

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Former SEC Deputy Director Joins Paul Weiss

By Andrea Keckley

Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.

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Coinbase Ruling Outlines Litigation Committee Conflict Risks

The Delaware Court of Chancery's recent rejection in Grabski v. Andreessen of a special litigation committee's motion to terminate or settle — its first such decision in over a decade — over conflict concerns highlights why the independence of SLC counsel matters just as much as that of committee members, says Joel Fleming at Equity Litigation Group.

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What FDA Guidance Means For The Future Of Health Software

Two significant final guidance documents released by the U.S. Food and Drug Administration last month reflect a targeted effort to ease innovation friction around specific areas, including singular clinical decision support recommendations and sensor-based wearables, while maintaining established regulatory boundaries, say attorneys at Covington.

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Series

Law School's Missed Lessons: What Cross-Selling Truly Takes

Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

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Analysis

Will Jurors Penalize AI? Study Examines Trade Secrets Impact

By Ivan Moreno

A forthcoming academic study suggests juries may treat AI-enabled actions more harshly than human conduct in trade secrets disputes, resulting in what the authors call an “AI penalty.” Attorneys say reality is more complicated.

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Jury To Get Goldstein Case After Clashing Closing Statements

By Jared Foretek

The jury in SCOTUSblog founder Thomas Goldstein's tax evasion trial will finally begin to deliberate on a 16-count verdict form, after federal prosecutors on Wednesday recounted lies they said he admitted to, and the defense slammed what it described as a shoddy investigation into the charges.

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DOJ Acknowledges Violations Of Court Orders For Immigrants

By Rae Ann Varona

A senior U.S. Department of Justice official acknowledged that the government has violated dozens of court orders involving immigrants since early last December, according to a New Jersey federal judge's order directing government officials to detail how the Trump administration will ensure compliance with orders in the judicial district.

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Trump Taps Atty In Carroll Case For 8th Circ.

By Courtney Bublé

President Donald Trump announced Wednesday he's nominating for the Eighth Circuit a co-owner of James Otis Law Group, where the attorney has been part of the legal team representing Trump in writer E. Jean Carroll's defamation suit against the president.

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This Firm Nabbed The Top Spot In Patent Activity Rankings

By Theresa Schliep

The law firm that secured the most utility patents in 2025, with 5,242 patents, retained the lead from 2024, although it experienced a slight dip in activity, according to a new report from Harrity Patent Analytics.

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5th Circ. Sanctions Atty Over AI-Generated Errors In Brief

By Lauren Berg

The Fifth Circuit on Wednesday sanctioned a Texas attorney for using generative artificial intelligence to draft a brief that was "riddled with fabricated quotations and assertions," while rebuking the attorney for not being more forthcoming about her use of the technology and her failure to check its accuracy.

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Indiana Firm Sues Quintairos Prieto Over 'Mass Exodus'

By Adrian Cruz

Indiana-based Kopka Pinkus Dolin PC has alleged a former employee helped conspire with her new employer Quintairos Prieto Wood & Boyer PA and two former shareholders to cause a "mass exodus" of attorneys that led to the eventual shutdown of one of the insurance firm's offices.

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Senators Push For Transparency In Litigation Funding

By Courtney Bublé

Lawmakers are trying again to rein in third-party litigation financing, a multibillion-dollar industry that critics argue allows foreign entities to assert control of the U.S. legal system.

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Amazon Says Atty Accused Of TM Scheme Used AI Citations

By Ben Adlin

Amazon has told a Seattle federal judge that California attorney Kathy Q. Hao relied on artificial intelligence-hallucinated case law in her effort to escape its lawsuit accusing her of participating in a fraudulent trademark scheme, urging the court to weigh sanctions against the lawyer over what the e-commerce and technology giant called "fabricated citations."

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Judges' Neutrality Must Extend Beyond Courtroom, ABA Says

By Emily Sawicki

The American Bar Association's ethics committee is guiding judges to maintain the same level of neutrality and impartiality in working with court staff that they exercise when presiding in the courtroom, according to its latest formal opinion on Wednesday.

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State High Court Chiefs To Review Law School Accreditation

By Ryan Boysen

State supreme court leaders said Wednesday they will conduct a thorough review of law school accreditation practices this year, a move that comes after state justices in Texas and Florida recently ended the American Bar Association's longstanding accreditation monopoly in those states.

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