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January 14, 2026
Swedbank Says DOJ Has Closed AML Probe Without Action
Swedbank, one of the biggest banks serving Europe's Baltic region, said Wednesday that the U.S. Department of Justice has released it from a long-running anti-money-laundering-related investigation, removing another U.S. legal cloud hanging over the lender.
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January 14, 2026
Oracle Sued By Pension Plan Over AI-Linked Debt Disclosures
The Ohio Carpenters Pension Plan filed a proposed class action Wednesday in New York state court against Oracle, its founder Larry Ellison and other top brass, alleging the company failed to disclose that it would need to sell significant extra debt to fund its artificial intelligence buildout.
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January 14, 2026
JPMorgan's Tobacco-Use Health Fee Is Illegal, Employee Says
A JPMorgan Chase & Co. employee has hit the financial giant with a proposed class action in a New York federal court accusing it of issuing health insurance plans including fee requirements for tobacco users that violate the antidiscrimination provisions of the Employee Retirement Income Security Act.
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January 14, 2026
Universal Music Cut Loose From Diddy Sex Assault Suit
A New Jersey federal judge on Wednesday dismissed claims against Universal Music Group in a suit seeking to hold it liable for an alleged sexual assault of a teen girl by Sean "Diddy" Combs, saying the music giant can't be held liable for predecessor companies' alleged misconduct.
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January 14, 2026
Ligado Judge To Issue Ruling On Inmarsat Satellite Row
A Delaware bankruptcy judge said Wednesday he would issue an oral ruling "in very short order" on telecommunications group Ligado Networks LLC's bid to stop litigation launched by Viasat unit Inmarsat Global Ltd. over Ligado's request to the government to let it license out spectrum rights.
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January 14, 2026
Judicial Misconduct Prompts New Assault Trial In New York
A man who was convicted of assault, disorderly conduct and criminal possession of a weapon will get a new trial, a New York appeals court ruled Wednesday, finding that a judge improperly inserted himself into the proceedings, appearing to favor the prosecution.
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January 14, 2026
Trump Admin Drops Appeal In Transportation Funds Suit
The Trump administration has dropped its First Circuit appeal of an order blocking it from tying billions of dollars in federal transportation funding to states' cooperation with its immigration crackdown.
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January 14, 2026
'The Work Has Changed': How White Collar Attys Are Coping
The Trump administration's dramatic policy enforcement changes over the past year, along with turmoil and turnover at the U.S. Department of Justice, has tilted the white-collar world on its axis, forcing lawyers and firms to abruptly shift focus and expand their practices, sometimes beyond traditional white-collar criminal defense matters.
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January 14, 2026
2nd Circ. Suspects Forum Shopping In Credit Suisse Suit
Two Second Circuit judges Wednesday sounded inclined to uphold the dismissal of a breach of duty claim against Credit Suisse and others tied to its auditing firm, with one saying the decision to bring the stock-plunge case in New York "almost smacks of forum shopping."
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January 14, 2026
Sony Suit Over Music In USC Social Media Ads Stays In NY
Sony Music's lawsuit against the University of Southern California over music used in social media videos promoting the school's athletic teams will remain in New York, after a federal judge found the case had compelling ties to the Empire State.
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January 14, 2026
NY Man Gets 3 Years For Posing As Exec To Cash Tax Refund
A Massachusetts federal judge sentenced a New York man Wednesday to more than three years in prison for impersonating an executive of a real estate investment firm to cash the firm's tax refund of more than $800,000.
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January 14, 2026
MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners
The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.
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January 14, 2026
$9.6M Deal Over Capital One 401(k) Forfeitures Gets 1st OK
A New York federal judge preliminarily approved Capital One Financial Corp.'s $9.6 million settlement to end a proposed class action alleging it improperly used $42.65 million in forfeited employee funds that were paid into the company's retirement plan to reduce its own contributions instead of curtailing administrative costs.
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January 14, 2026
Uber, DoorDash Drivers Lost $550M In Tips, NYC Says
UberEats and DoorDash rolled out design tricks after New York City implemented a minimum pay standard for food delivery workers that has led to workers losing $550 million in tips, the New York City Department of Consumer and Worker Protection said.
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January 14, 2026
NY High Court Upholds Manhattan Artist Loft Conversion Fee
New York's highest court has decided to keep in place a fee that New York City charges for converting designated artists' lofts in Lower Manhattan into regular residential units, rejecting arguments from a neighborhood group that the charge amounts to an unconstitutional uncompensated taking.
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January 14, 2026
Trump Renominates NY, Virginia US Attorneys
President Donald Trump is taking a second crack at securing his picks for federal prosecutors in districts where he previously failed to obtain U.S. Senate approval, including renominating Lindsey Halligan to the role of U.S. attorney for the Eastern District of Virginia, weeks after a federal judge ruled she was not lawfully serving.
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January 14, 2026
Bettors Say Kalshi Operates As Illegal 'Shadow' Sportsbook
Five sports bettors accused prediction platform Kalshi of running a "shadow" sportsbook and skirting accompanying state gambling and consumer protection laws, telling a New York federal court it shouldn't be able to hide behind federal futures contract regulations.
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January 14, 2026
Zillow, Redfin Look To Toss FTC's Antitrust Case
Zillow Group Inc. and Redfin Corp. have urged a Virginia federal court to toss the Federal Trade Commission's antitrust case against them, saying a partnership between the companies is meant to make their rental listing businesses more competitive, not to remove competition.
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January 14, 2026
Justices Decline To Double-Punish Gun Defendant
The U.S. Supreme Court ruled Wednesday that subjecting defendants to separate sentences stemming from a single deadly federal firearm offense is a constitutional violation, settling a seven-circuit split and clarifying the scope of the Fifth Amendment's double jeopardy clause.
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January 14, 2026
Retailer Saks Global Hits Ch. 11 With Over $3B Debt
The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection Wednesday in a Texas bankruptcy court with $3.4 billion in funded debt, buckling under the strain of debt it used to fund its purchase of Neiman Marcus more than a year ago.
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January 13, 2026
States Lose Bid To Freeze EPA Solar Grant Funds, For Now
A Seattle federal judge Tuesday denied a coalition of states' bid to preliminarily block the U.S. Environmental Protection Agency from cutting solar power grant programs as they challenge the agency's termination of its $7 billion Biden-era "Solar for All" program.
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January 13, 2026
Ex-CIA Analyst Says FARA Case Is Flawed, Unconstitutional
A former CIA analyst, White House official and foreign policy expert on Tuesday urged a Manhattan federal judge to throw out the criminal case accusing her of secretly acting as an agent of South Korea while in the United States, calling the charges defective and unconstitutional.
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January 13, 2026
The Atlantic Sues Google In Latest Ad Tech Antitrust Suit
The Atlantic became the latest publisher Tuesday to launch an ad tech antitrust suit against Google LLC, accusing the search engine giant in New York federal court of cutting the publisher and ad-tech companies out of billions of dollars in revenue by monopolizing the publisher ad server and ad exchange markets.
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January 13, 2026
Tesla Beats Model 3 Driver's Suit Over Defective Touchscreen
A New York federal judge has dismissed a suit alleging a defective Tesla touchscreen caused a motorist to crash after her Model 3 sedan hydroplaned, saying the woman failed to properly establish how the touchscreen's design caused or worsened the crash.
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January 13, 2026
KuCoin, Chainalysis Beat RICO Suit Over Hack Proceeds
The cryptocurrency exchange KuCoin and its blockchain analysis contractor no longer face proposed class action claims they turned a blind eye to money laundering on the platform, though a Manhattan federal judge found one of the alleged hack victims could revise certain claims against KuCoin.
Expert Analysis
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SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.
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Dropped Case Shows SEC Focus On Independent Directors
The U.S. Securities and Exchange Commission's recent liquidity rule case against Pinnacle Advisors, despite its dismissal by the commission, serves as a reminder that the SEC expects directors to embrace their role as active, probing fiduciaries, says Dianne Descoteaux at MFDF.
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4 Strategies To Ensure Courts Calculate Restitution Correctly
Recent reversals of restitution orders across the federal appeals courts indicate that some lower courts are misapplying fundamental restitution principles, so defense attorneys should consider a few ways to vigilantly press these issues with the sentencing judge, says Wesley Gorman at Comber Miller.
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State Paid Leave Laws Are Changing Employer Obligations
A wave of new and expanded state laws covering paid family, medical and sick leave will test multistate compliance systems, marking a fundamental operational shift for employers that requires proactive planning, system modernization and policy alignment to manage simultaneous state and federal obligations, says Madjeen Garcon-Bonneau at PrestigePEO.
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In NY, Long COVID (Tolling) Still Applies
A series of pandemic-era executive orders in New York tolling state statutes of limitations for 228 days mean that many causes of action that appear time-barred on their face may continue to apply, including in federal practice, for the foreseeable future, say attorneys at Sher Tremonte.
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Opinion
Expert Reports Can't Replace Facts In Securities Fraud Cases
The Ninth Circuit's 2023 decision in Nvidia v. Ohman Fonder — and the U.S. Supreme Court's punt on the case in 2024 — could invite the meritless securities litigation the Private Securities Litigation Reform Act was designed to prevent by substituting expert opinions for facts to substantiate complaint assertions, say attorneys at A&O Shearman.
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Opinion
High Court, Not A Single Justice, Should Decide On Recusal
As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Series
Traveling Solo Makes Me A Better Lawyer
Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.
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NY Zelle Suit Highlights Fraud Risks Of Electronic Payments
The New York attorney general's recent action against Zelle's parent company, filed several months after the Consumer Financial Protection Bureau abandoned a similar suit, demonstrates the fraud risks that electronic payment platforms can present and the need for providers to carefully balance accessibility and consumer protection, say attorneys at Weiner Brodsky.
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Series
Law School's Missed Lessons: Client Service
Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.
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Bid Protest Spotlight: Documentation, Overrides, Eligibility
Recent decisions by the U.S. Court of Federal Claims and the U.S. Government Accountability Office illustrate the importance of contemporaneous documentation in proposal evaluations, the standards for an agency’s override of a Competition in Contracting Act stay, and the regulatory requirements for small business joint ventures, says Cody Fisher at MoFo.
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A Primer For Lenders On NY's New Mortgage Disclosure Regs
A recent New York regulation requiring licensed lenders and mortgage bankers to distribute a significant new disclosure pamphlet, essentially a borrower bill of rights, to applicants serves as a reminder to the industry to follow existing best practices, says Scott Samlin at Blank Rome.
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Enter The Wu-Tang Ruling That May Change Trade Secret Law
A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block.
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How Financial Cos. Can Prep As NYDFS Cyber Changes Loom
Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.
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Series
Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.