An attorney for a former Morgan Stanley investment adviser accused of defrauding NBA stars by feeding them overpriced insurance investments and stealing funds told a Manhattan federal jury Thursday the players' own words and other evidence belie the government's claims.
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TOP NEWS

Ex-Morgan Stanley Pro's NBA Fraud Rap Falls Short, Jury Told

By Stewart Bishop

An attorney for a former Morgan Stanley investment adviser accused of defrauding NBA stars by feeding them overpriced insurance investments and stealing funds told a Manhattan federal jury Thursday the players' own words and other evidence belie the government's claims.

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Insurer Dodges Spinoff Coverage Suit From 'Maya' Verdict

By Carolina Bolado

A professional liability insurer does not have to defend the law firm that secured a $213 million award for the woman at the center of the documentary "Take Care of Maya" in a dispute over trial consultant fees, after a Florida federal judge found Wednesday that the claims are not covered by the insurance policy.

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Tokio Marine Unit Need Not Defend CEO In Sex Abuse Row

By Gianna Ferrarin

A Tokio Marine unit has no duty to defend or indemnify a sporting goods store and its former chief executive officer from underlying litigation by high school students alleging that he sexually exploited them during their employment at the store, a Washington federal judge ruled Thursday.

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LITIGATION

Tenn. Health System Can't Dodge $28M False Claims Act Suit

By Mark Payne

A Tennessee-based health system must face claims it allegedly ran a sprawling patient referral scheme by overcompensating doctors in exchange for Medicare patient referrals and then billed Medicare $28 million for services it offered those illegally referred patients, a Tennessee federal judge said Thursday, denying the health system's dismissal bid. 

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Judge Advised To Keep Progressive Shooting Coverage Case

By Gianna Ferrarin

A Louisiana federal court should not dismiss a suit by a Progressive unit asserting it has no duty to defend or indemnify a nail salon for claims stemming from a fatal shooting, a magistrate judge recommended, pointing to an assault and battery policy exclusion. 

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EXPERT ANALYSIS

Series

Playing Piano Makes Me A Better Lawyer

Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.

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LEGAL INDUSTRY

Hub Hires: Seyfarth, Greenberg Traurig, Outside GC

By Chris Villani

Massachusetts may be buried under a blanket of snow, but the Boston legal market was anything but frozen in February. Seyfarth bolstered its depth in mergers and acquisitions, Greenberg Traurig snagged a benefits attorney, and Outside General Counsel hired a new managing partner.

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Elevate Expands Legal Reach With Mestel & Co. Acquisition

By Tracey Read

Legal software and services company Elevate has acquired legal recruitment firm Mestel & Co. to bolster its abilities to deliver top legal talent, Elevate said Thursday.

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Up Next At High Court: Drug User Gun Possession

By Katie Buehler

The U.S. Supreme Court will close out its February oral argument session by hearing its newest Second Amendment case over a federal law that prohibits drug users from possessing firearms, as well as a dispute over whether motor carrier brokers can be held liable for truck crashes under state law.

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Roundup

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

By Laura Stewart Liberty

This past week in London has seen Linklaters sue a shipping company, high-street clothing giant Urban Outfitters hit with an intellectual property claim, Ithaca Energy sue rival Chrysaor, and cabaret club magnate Alex Proud face legal action with his nightclubs in financial turmoil.

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Del. Supreme Court OKs Disputed Corporate Law Rework

By Jeff Montgomery

Delaware's Supreme Court upheld Friday hotly contested legislation approved by state lawmakers in 2025 that expanded liability shields for some corporate acts involving controlling stockholders or potentially conflicted officers or directors, and narrowed public access to some corporate books and records.

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Law360's Legal Lions Of The Week

By Kevin Penton

Milbank LLP, Wilson Sonsini Goodrich & Rosati PC and Akin Gump Strauss Hauer & Feld LLP lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

A proxy season preview report showed that nearly three-quarters of shareholder proposals for annual corporate meetings among Russell 3000 companies this year have gone to a vote. The U.S. Department of Labor unveiled the details of a long-awaited proposed rule to replace a previous administration's regulation outlining how to decide if a worker is an employee or independent contractor. These are among the stories in corporate legal news you may have missed in the past week.

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Calif. Mass Tort Firm Drops Suit Against ABS Fee-Sharing Ban

By James Mills

A California mass torts firm seeking to overturn the state's law banning alternative business structure fee sharing with out-of-state law firms owned by nonattorneys dropped its suit Thursday, three months after filing it.

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Pro Bono Spotlight

NY Prisoner Gets Rare $600K Deal With Gibson Dunn's Help

By Parker Quinlan

A man incarcerated in a New York state prison who was placed in solitary confinement for over six years has obtained a $600,000 settlement after filing a pro se lawsuit that drew the aid of pro bono counsel from Gibson Dunn & Crutcher LLP.

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Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal

By Bryan Koenig

Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal court complaint to also accuse the companies of "bullying" Kirkland & Ellis LLP into withdrawing as its transaction counsel.

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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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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Akerman LLP

Akin Gump

AndersonGlenn

Arnold & Porter

Ballard Spahr

Bass Berry

Beck Redden

Bernstein Litowitz

Bishop & Sewell

Bloch & White

Boies Schiller

BonelliErede

CMS Cameron McKenna

Clement & Murphy

Clyde & Co

Covington & Burling

DAC Beachcroft

Druces LLP

Epstein Becker

Eversheds Sutherland

Fenchurch Law

Fieldfisher

Fish & Richardson

Fladgate LLP

Forsberg & Umlauf

Gibson Dunn

Gowling WLG

Greenberg Traurig

Gupta Wessler

HSF Kramer

Hester Law Group

Hill Dickinson

Holland & Knight

Horwich Farrelly

Husch Blackwell

Ignition Law

Ison Harrison Solicitors

Jones Day

Kellogg Hansen

Keystone Law

Kirkland & Ellis

Labaton Keller

Latham & Watkins

Leach & Walker

Lewis Silkin

Linklaters LLP

Mancini Shenk

Mayer Brown

Meritz Reddy

Meyer Law Office

Milbank LLP

Miller & Chevalier

Morgan Lewis

Morris Nichols

Nabarro LLP

Olshan Frome

Outten & Golden

Penningtons Manches

Phelps Dunbar

Pinsent Masons

Potter Anderson

Quinn Emanuel

Rainier Legal Advocates

Reynolds Porter

Richards Layton

Ropes & Gray

Saul Ewing

Seyfarth Shaw

Shakespeare Martineau

Sher Tremonte

Simons Muirhead Burton

Sullivan & Cromwell

Susman Godfrey

Taylor Wessing

Travers Smith

Trethowans LLP

Trieu Law

Troutman

Vorys

Wachtell Lipton

White & Case

Wilbanks & Gouinlock

Williams & Connolly

Wilson Sonsini

Winckworth Sherwood

Wisner Baum

Young Conaway

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

Alcon Inc.

Alcon Vision LLC

Altice SA

Altice USA

American International Group Inc.

American Strategic Insurance Corp.

Arcellx Inc.

Ares Management Corp.

Arete Wealth Advisors

Aviva SA

Barclays PLC

BlackRock Inc.

Block Inc.

C.H. Robinson Worldwide Inc.

Capita Group

Charles River Laboratories International Inc.

Colorcon Inc.

Dallas Mavericks Inc.

Deere & Co.

Elevate

Erlanger Health System

Exxon Mobil Corp.

Financial Industry Regulatory Authority Inc.

Foundation to Support Animal Protection

Fresenius Kabi AG

Gilead Sciences Inc.

GoldenTree Asset Management LP

Google LLC

Instagram Inc.

Investments Ltd.

JPMorgan Chase & Co.

LinkedIn Corp.

London Stock Exchange Group PLC

Loomis Sayles & Co. LP

Magnit

Major League Baseball Inc.

Mediterranean Shipping Co. SA

Memphis Grizzlies

Mestel & Co. Inc.

Morgan Stanley

Munchkin Inc.

National Basketball Association Inc.

Netflix Inc.

Nike Inc.

Nordic Capital Ltd.

Oaktree Capital Management

Omega Navigation Enterprises Inc.

Optimum

PGIM Inc.

PacifiCorp

PepsiCo Inc.

Portland Trail Blazers

RLK Solicitors Ltd.

Rainy City Investments Ltd.

Solicitors Regulation Authority Ltd.

State Bar of California

Suncor Energy Inc.

Takeda Pharmaceutical Co. Ltd.

Tesco Corp.

Tesco PLC

The Hain Celestial Group Inc.

The O2

The Vanguard Group Inc.

Trilogy

USG Corp.

Urban Outfitters Inc.

WESCO International Inc.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arizona Supreme Court

California Attorney General's Office

California Department of Justice

Delaware Court of Chancery

Equal Employment Opportunity Commission

Federal Aviation Administration

Federal Bureau of Investigation

Federal Emergency Management Agency

Texas Attorney General's Office

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Sixth Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Interior

U.S. District Court for the Central District of California

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Tennessee

U.S. District Court for the Middle District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Louisiana

U.S. District Court for the Western District of Washington

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

Wage and Hour Division