New York

  • May 14, 2026

    Platinum Execs, Feds Spar Amid $70M Bond Fraud Appeals

    The Second Circuit on Thursday once again weighed the nearly decadelong fraud case against former Platinum Partners executives, which has led to hard-fought trials, convictions, acquittals, appellate reversals and even a presidential pardon, as defense counsel and the government alike argued that a litany of errors demand rectification.

  • May 14, 2026

    Adani Group Chair, Nephew Ink $18M Deal To Exit SEC Case

    Indian billionaire businessman Gautam Adani and his nephew, Sagar Adani, agreed Thursday to pay a combined $18 million to resolve the U.S. Securities and Exchange Commission's suit accusing them of committing securities fraud in connection with a $750 million bond offering.

  • May 14, 2026

    Oppenheimer Customers Ink $70M Cash Sweep Rate Deal

    A class of Oppenheimer & Co. customers are asking a New York federal judge to greenlight a $70 million settlement resolving their claims that the investment bank pocketed hefty fees from its cash sweep account program while paying customers "unreasonable, below-market interest rates."

  • May 14, 2026

    Morgan Stanley Beats Chip Co. Investor's Stock Scheme Suit

    A New York federal judge Thursday dismissed a stock manipulation suit against Morgan Stanley Smith Barney, finding its temporary policy requiring customers to buy shares in Israeli chipmaker Eltek Ltd. over the phone, which allegedly enabled improper trading, to be "neither manipulative nor deceptive."

  • May 14, 2026

    Smucker's Misleads About Splenda In Fudge, Consumer Says

    A New York man sued The J.M. Smucker Co. in federal court on Thursday, alleging it misleads consumers by claiming its fudge topping is sweetened with Splenda, when in reality its primary sweeteners are less-healthy sugar alcohols and sugar substitutes.

  • May 14, 2026

    Fed. Circ. Won't Eye Part Of Columbia's Axed $600M IP Win

    The Federal Circuit said Thursday it won't take up Columbia University's request for it to reconsider a portion of a panel decision by the appellate court that discarded a nine-figure patent judgment against the maker of Norton antivirus software.

  • May 14, 2026

    Insider Trading Case Shows BigLaw Associate Vetting Gaps

    A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.

  • May 14, 2026

    Tennis Group Says Grand Slams Are Retaliating For Lawsuit

    Tennis players told a New York federal court their professional association is being denied access to the French Open and Wimbledon in retaliation for suing several tournament operators and the sports' governing bodies for allegedly acting like a cartel to control their wages and working conditions.

  • May 14, 2026

    NYC Bar Endorses Random Audits For Law Firm Accounts

    The New York City Bar Association's Professional Discipline Committee on Thursday threw its support behind a statewide bill to institute a random audit program for law firm financial accounts.

  • May 14, 2026

    2nd Circ. Backs 20-Year Stretch For Forcount Fraudster

    The Second Circuit on Thursday affirmed a 20-year sentence for an Ecuadorian man from Florida who pushed the $14 million, international Forcount cryptocurrency Ponzi scheme, concluding that "any error" from a broadcast of the sentencing did not impact the outcome.

  • May 14, 2026

    Seward & Kissel Adds Milbank Lawyer To Lead Credit Team

    A former Milbank LLP attorney has joined Seward & Kissel LLP in New York as head of the firm's structured credit practice.

  • May 14, 2026

    Justices Back Courts' Power Over Cases Sent To Arbitration

    The U.S. Supreme Court ruled Thursday that federal courts that have sent a dispute to arbitration have jurisdiction to confirm or vacate a subsequent award, affirming a Second Circuit decision enforcing an award issued in a discrimination case involving a former hotel employee.

  • May 13, 2026

    Frito-Lay Poppables Have 'Synthetic Flavors,' Suit Says

    Frito-Lay Inc. was hit with a proposed class action accusing it of deceiving consumers by labeling Lay's Poppables as having "no artificial flavors" when they actually contain two ingredients that are not natural.

  • May 13, 2026

    Empire Wind Seeks Permanent End To Stop-Work Order

    The developers of a $4 billion offshore wind energy project that should power half a million New York homes once it's finished believe it's time for a D.C. federal judge to once and for all tell the Trump administration that it cannot interfere with its construction.

  • May 13, 2026

    2nd Circ. Backs Fed Reserve's Power To Cut Master Accounts

    The Federal Reserve has broad discretion to cut financial institutions off from master accounts, the Second Circuit ruled Wednesday, rejecting a Puerto Rico bank's argument that it has a statutory right to what is commonly referred to as "bank accounts for banks."

  • May 13, 2026

    Simpson Thacher-Led Blackstone REIT Prices $1.75B IPO

    A Blackstone real estate investment trust focused on data centers is set to begin trading May 14 after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.

  • May 13, 2026

    Weinstein Reports Chest Pains Amid Jury Evidence Request

    A jury deliberating in Harvey Weinstein's third Manhattan rape trial requested several pieces of evidence on Wednesday, including cross-examination testimony by his accuser, as the ex-Hollywood producer reported chest pains from the courthouse's holding area.

  • May 13, 2026

    Colo. Jury Awards $1.3M To I-70 Project Subcontractor

    A Colorado state jury declined to award $32.5 million to the lead contractor of the reconstruction project of a 10-mile stretch of Interstate 70 in Denver, finding instead that the contractor breached a subcontract and owes its subcontractor $1.3 million in damages.

  • May 13, 2026

    Shutterstock Inks $35M Deal In FTC's Autorenewal Suit

    Shutterstock Inc. will pay $35 million to resolve the Federal Trade Commission's lawsuit alleging it knowingly deceived customers about its subscription plans' autorenewal policies, with one executive noting in internal communications they could "hopefully get away with it" when they saw competitor Adobe Inc. sued over its subscription practices in 2024.

  • May 13, 2026

    Atkore's $136M Deals In PVC Pipe Antitrust Row Get Initial OK

    An Illinois federal judge Wednesday granted preliminary approval to two settlements totaling over $136 million that Atkore Inc. has agreed to pay to resolve allegations it conspired with other polyvinyl chloride pipe producers to fix prices.

  • May 13, 2026

    Fed. Circ. OKs Lululemon Win On Nike Fitness Tracking Patent

    A Federal Circuit panel on Wednesday, in a one-line order, affirmed the Patent Trial and Appeal Board's determination that Nike's infringement claims against Lululemon Athletica Inc. related to fitness-tracking technology were invalid.

  • May 13, 2026

    Spirit Employees File WARN Act Suit In Ch. 11

    Laid-off employees of Spirit Airlines have filed a putative class action against the debtor, demanding two months' pay and benefits following Spirit's abrupt shutdown and the loss of their jobs.

  • May 13, 2026

    Ex-NY Judge Charged With $5M Real Estate Investment Scheme

    A recently resigned Brooklyn state judge and a real estate investor were arrested Wednesday on federal charges they scammed $5 million from investors who backed their purported New Jersey commercial sale, allegedly pitched using the judge's good name.

  • May 13, 2026

    Provider Says NY Is On The Hook For $3.3M Medicaid Shortfall

    The New York State Department of Health's refusal to enforce payment obligations by Medicaid managed care organizations has cost a Queens-based safety net provider at least $3.3 million in underpayments for behavioral health services, according to a suit filed in New York federal court.

  • May 13, 2026

    NY Says 'Unclean Hands' Snuff Out Pot Labor Peace Suit

    New York cannabis regulators are urging a federal court to throw out a dispensary's challenge to the requirement that cannabis operators sign labor peace agreements with unions, saying the courts can't help a company violate federal law.

Expert Analysis

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Prisoners' Access To Health Info Should Have No Bars

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    To safeguard against unnecessary deaths in custody, courts and policymakers should clarify that incarcerated individuals’ constitutional right to medical care also includes access to sufficient information about their medical conditions, lifting current restrictions that can lead to crucial information being withheld, says Jaehyun Oh at Jacob Fuchsberg Law.

  • Navigating The New Wave Of Voluntary Benefit ERISA Suits

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    Four recent complaints claiming that employees pay unreasonable premiums for voluntary benefit programs contribute to a trend in Employee Retirement Income Security Act class actions targeting employers and benefits consultants over such programs, increasing scrutiny of how the programs are selected, priced and administered, say attorneys at Holland & Knight.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • Key False Claims Act Trends From The Last Year

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    The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

  • Series

    Hosting Exchange Students Makes Me A Better Lawyer

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    Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • Why 2026 Could Be A Bright Year For US Solar

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    2025 was a record-setting year for utility-scale solar power deployment in the U.S., a trend that shows no signs of abating, so the question for 2026 is whether permitting, interconnection, and state and federal policies will allow the industry to grow fast enough to meet demand, say attorneys at Beveridge & Diamond.

  • Navigating Privilege Law Patchwork In Dual-Purpose Comms

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    Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • 5 Advertising Law Trends That Will Shape 2026

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    The legal landscape for advertisers will grow only more complex this year, with ongoing trends including a federal regulatory retreat, more aggressive action by the states, a focus on child privacy and expanded scrutiny of "natural" claims, say attorneys at Reed Smith.

  • Decoding The SEC's Plans To Revitalize The US IPO Market

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    Chairman Paul Atkins' recent speech showcased the U.S. Securities and Exchange Commission's plans to ease certain disclosure burdens, rein in politicized shareholder voting and mitigate litigation risk, which could encourage more U.S. companies to seek public listings stateside and make U.S. stock exchanges more competitive for foreign companies, say attorneys at Baker McKenzie.

  • Expect State Noncompete Reforms, FTC Scrutiny In 2026

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    Employer noncompete practices are facing intensified federal scrutiny and state reforms heading into 2026, with the Federal Trade Commission pivoting to case-by-case enforcement and states continuing to tighten the rules, especially in the healthcare sector, say attorneys at DLA Piper.

  • Cannabis Industry Faces An Inflection Point This Year

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    Cannabis industry developments last year — from the passage of a new wholesale tax in Michigan, to an executive order accelerating the federal rescheduling process — presage a more mature phase of legalization this year, with hardening expectations and enforcement to come, says Alex Leonowicz at Howard & Howard.

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