The Texas Office of the Attorney General launched an investigation into Glass Lewis & Co. and Institutional Shareholder Services Inc., claiming Tuesday the proxy advisory firms misled public companies and institutional investors to push for left-wing social causes.
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WEDNESDAY, SEPTEMBER 17, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Texas AG Probes Glass Lewis, ISS On ESG Advice

By Spencer Brewer

The Texas Office of the Attorney General launched an investigation into Glass Lewis & Co. and Institutional Shareholder Services Inc., claiming Tuesday the proxy advisory firms misled public companies and institutional investors to push for left-wing social causes.

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Texas Judge Denies TRO To Stop City Raids On Hemp Shop

By Jonathan Capriel

A Texas city doesn't have to return $400,000 in cannabis products it took from a smoke shop during a raid that the retailers claim leaned on faulty THC testing and false information, a federal judge ruled Wednesday, saying it is inappropriate for him to intervene in an ongoing state court criminal case.

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BlackRock Blames Coal Production Cuts On Falling Demand

By Matthew Perlman

BlackRock Inc. told a Texas federal court that coal production has declined because demand from coal-fired power plants has been falling for years, not because asset managers conspired to pressure the producers.

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Former Judge Aims To Escape Suit Over Secret Atty Romance

By Ryan Boysen

Former Bankruptcy Judge David R. Jones wants out of a lawsuit claiming his secret romance scandal infected the restructuring of life insurance bond seller GWG Holdings Inc., arguing that he's clearly protected by judicial immunity.

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LITIGATION

AT&T Wants Lead-Lined Cables Investor Suit Gone For Good

By Nadia Dreid

AT&T says it's time for a Texas federal court to dismiss an investor suit accusing the mobile behemoth of misleading investors about the removal of lead-covered copper cables from its network, for good.

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US Asks Court To Sink Vermont Climate Superfund Law

By Juan-Carlos Rodriguez

The Trump administration, Republican-led states and business groups including the U.S. Chamber of Commerce and American Petroleum Institute on Monday asked a Vermont federal court to kill the state's climate Superfund law.

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Insurer Says Overturned Truck In Fatal Crash Not Covered

By Ganesh Setty

A Progressive unit that provided commercial auto insurance for a concrete company told a Texas state court it should owe no defense or indemnity in a wrongful death lawsuit involving an overturned cement truck, arguing the insurer did not directly insure the vehicle.

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INTELLECTUAL PROPERTY

Brief

Fed. Circ. Won't Look At USAA's Nixed $223M Patent Verdicts

By Theresa Schliep

The full Federal Circuit declined Tuesday to scrutinize panel decisions that wiped out a pair of patent infringement verdicts against PNC Bank that totaled nearly $223 million, rejecting United Services Automobile Association's arguments that the appeals court wrongly invalidated its mobile check deposit patents.

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DEALS

Wachtell, Squire Patton Lead National Bank's $369M Vista Buy

By Al Barbarino

Wachtell Lipton Rosen & Katz-advised National Bank Holdings Corp. has agreed to acquire Squire Patton Boggs LLP-led Vista Bancshares Inc. in a transaction valued at $369.1 million, the banks announced Tuesday.

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PEOPLE

Dickinson Wright Adds IP Ace In Austin From PayPal

By Lynn LaRowe

Dickinson Wright PLLC has strengthened its intellectual property team with an of counsel in Austin, Texas, who spent nearly a decade working in-house at PayPal.

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EXPERT ANALYSIS

How 5th Circ.'s NLRB Ruling May Reshape Federal Labor Law

The Fifth Circuit's recent SpaceX National Labor Relations Board decision undermines the agency's authority, but it does not immediately shut down NLRB enforcement, so employers and labor organizations should expect more litigation, more uncertainty and a possible U.S. Supreme Court showdown, say attorneys at Goldberg Segalla.

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FTC Actions Highlight New Noncompete Enforcement Strategy

Several recent noncompete-related actions from the Federal Trade Commission — including its recent dismissal of cases appealing the vacatur of a Biden-era noncompete ban — reflect the commission's shift toward case-by-case enforcement, while confirming that the agency intends to remain active in policing such agreements, say attorneys at Debevoise.

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7 Document Review Concepts New Attorneys Need To Know

For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

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LEGAL INDUSTRY

Ex-Calif. Judge Gets 35 Years For Shooting Wife To Death

By Gina Kim

Former California state court judge Jeffrey M. Ferguson lost his bid for a new trial Wednesday and was sentenced to 35 years to life in prison for shooting his wife to death at home in a drunken rage, with the presiding judge expressing sympathy for his "extraordinary" son who tried to save his mother's life.

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Feds Want 3 Years For Girardi Son-In-Law's Chicago Contempt

By Lauraann Wood

Tom Girardi's son-in-law should receive a three-year prison sentence for his admitted role in helping the once-celebrated plaintiffs' lawyer steal millions from Lion Air crash victims, federal prosecutors in Chicago argued Wednesday.

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7th Circ. Pick Shrugs Off Conservative Group's Opposition

By Courtney Bublé

During her confirmation hearing on Wednesday, Rebecca Taibleson, a federal prosecutor in Wisconsin tapped for the Seventh Circuit, fended off opposition to her nomination from conservative groups, antipathy that the top Democrat on the Senate Judiciary Committee called a "new low" for the committee.

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House Votes To End DC Judicial Nominations Commission

By Courtney Bublé

The U.S. House of Representatives voted 218-211 along party lines on Wednesday to eliminate the commission that vets and picks potential judicial nominees for Washington, D.C.'s local courts.

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Retired Judges Speak Out On 'Threats' To Constitution

By Courtney Bublé

More than 40 retired federal judges appointed by presidents of both parties released an open letter Wednesday, the anniversary of the signing of the Constitution, saying they sought to underscore the importance of the rule of law at a time when the nation's ideals "are under historic strain."

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Del. Judge's US Atty Application Plan Draws Blanche's Ire

By Lauren Berg

Delaware's chief district judge, a Trump appointee, is seeking applications for the state's U.S. attorney position to prepare for an upcoming vacancy in the interim position, a move that drew the ire of Deputy U.S. Attorney General Todd Blanche on Wednesday.

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Giuliani Must Pay Attys $1.4M After Missing Bills Claim Fails

By Adrian Cruz

A New York state judge has awarded nearly $1.4 million to Davidoff Hutcher & Citron LLP in its lawsuit accusing former New York City Mayor Rudy Giuliani of racking up unpaid legal bills for the firm's work in various criminal, civil and administrative matters.

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Criminal Restitution Fails Defendants, Victims, Report Says

By Brandon Lowrey

Federal criminal restitution often fails to benefit victims of crime and throws defendants into a "Sisyphean struggle" with debt, with $100 billion in outstanding restitution deemed uncollectable, according to a report released this week by the National Association of Criminal Defense Lawyers.

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SEC Policy Shift Could Foreclose Some Investor Class Actions

By Jessica Corso

The U.S. Securities and Exchange Commission issued a policy statement Wednesday that allows the use of mandatory arbitration by new publicly traded companies as its chief seeks to "make IPOs great again," but Democrats warned the move could shut the door to shareholder class actions.

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Ex-Law Student's Bias Suit In Wrong Forum, 4th Circ. Told

By Patrick Hoff

A Black former student at Washington University School of Law shouldn't be able to revive claims that she was suspended from campus and lost her scholarship after complaining about a professor's race bias because she filed the suit in the wrong state, the law school told the Fourth Circuit.

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LAW FIRMS IN TODAY'S NEWS

Baker Botts

Bandas Law Firm

Bowman & Brooke

Buzbee Law Firm

Cheronis & Parente

Cooper & Kirk

Covington & Burling

Davidoff Hutcher

Debevoise & Plimpton

Dickinson Wright

Edelson PC

Gibson Dunn

Gillam Smith

Girardi & Keese

Goldberg Segalla

Goodwin Procter

Gravel & Shea

Hogan Lovells

Irell & Manella

Jackson Walker LLP

Law Office of Craig Leydecker

Lehotsky Keller

Lewis Rice

Norton Rose

Pomerantz LLP

Rusty Hardin

Saul Ewing

Seila Law

Sergi & Associates

Squire Patton

Troutman

Vinson & Elkins

Wachtell Lipton

Walters Balido

WilmerHale

Yetter Coleman

diGenova & Toensing

COMPANIES IN TODAY'S NEWS

AT&T Inc.

American Family Association

American Petroleum Institute Inc.

Arch Resources Inc.

Axon Enterprise Inc.

BlackRock Inc.

CLS Bank International

Families Against Mandatory Minimums

Georgia State University

Glass Lewis & Co. LLC

Institutional Shareholder Services Inc.

LinkedIn Corp.

NBH Bank

National Association of Criminal Defense Lawyers

National Bank Holdings Corp.

Paypal Holdings Inc.

Peabody Energy Corp.

Public Co. Accounting Oversight Board

Ready Mix USA

Ryan LLC

Safariland

Space Exploration Technologies Corp.

State Street Corp.

The District of Columbia Bar

The Executive Compensation Group Inc.

The PNC Financial Services Group Inc.

The Vanguard Group Inc.

Twitter Inc.

U.S. Chamber of Commerce

United Services Automobile Association

Vista Bank

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Executive Office of the President

Federal Election Commission

Federal Trade Commission

National Labor Relations Board

New York Supreme Court, New York County

Office of the Vermont Attorney General

Texas Attorney General's Office

U.S. Attorney's Office for the Eastern District of North Carolina

U.S. Attorney's Office for the Northern District of Illinois

U.S. Consumer Product Safety Commission

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

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

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

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

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

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

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Vermont