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November 20, 2025
SEC Walks Away From SolarWinds Data Breach Case
The U.S. Securities and Exchange Commission announced Thursday that it was voluntarily dismissing a lawsuit accusing software developer SolarWinds Corp. and its chief information security officer of failing to warn investors about lax cybersecurity standards prior to suffering a massive data breach.
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November 20, 2025
Cybersecurity Co. Axonius Names 1st GC From Azra Games
Cybersecurity company Axonius Inc. has found its first general counsel in a veteran legal leader who has worked at software and technology companies including Azra Games and Iterable as it prepares for an initial public offering.
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November 20, 2025
Judge Raises Sanctions In Eletson Affiliate Ownership Row
The New York bankruptcy judge overseeing Eletson Holdings' Chapter 11 case has raised sanctions against three Cypriot corporations connected to the shipping company's former owners to $5,000 a day for failing to reverse changes to the board of an Eletson affiliate.
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November 20, 2025
Trump Pardons Nursing Home Owner In $39M Tax Fraud
President Donald Trump granted clemency to a nursing home operator who had been sentenced to three years in prison for a $39 million employment tax fraud scheme involving care centers he owned across the country.
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November 20, 2025
Trump's Epstein Directive Puts SDNY Prosecutor In A 'Pickle'
Manhattan chief federal prosecutor Jay Clayton appears to have been backed into a "horrible" corner with a "no-win" outcome as a result of a directive from President Donald Trump and U.S. Attorney General Pam Bondi to investigate Jeffrey Epstein's ties to prominent Democrats, experts say.
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November 20, 2025
Ex-SDNY Chief Rejects Claim Of Broken FTX Plea Promise
Former interim Manhattan U.S. Attorney Danielle Sassoon told a federal judge Thursday that she never promised crypto lobbyist Michelle Bond any kind of no-prosecute deal as the government negotiated a guilty plea with Bond's husband, former FTX executive Ryan Salame.
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November 19, 2025
Charlie Javice's Redo Bid Says Clerks Had Davis Polk Conflict
Charlie Javice, who faces a seven-year sentence for conning JPMorgan Chase & Co. into buying her college financial aid startup Frank, asked a Manhattan federal judge Wednesday for a new trial, arguing that two clerks who worked on the trial had accepted jobs with the bank's firm Davis Polk & Wardwell LLP.
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November 19, 2025
Judge Allows Peru To Probe Brookfield In Toll Road Dispute
A New York federal judge has agreed to allow Peru to seek documents from Brookfield and others as it pursues domestic criminal proceedings in a feud stemming from an allegedly corrupt toll highway project involving an entity now majority-owned by the asset manager.
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November 19, 2025
Deutsche Bank To Pay FINRA $2.5M Over Research Reports
The securities segment of Deutsche Bank on Wednesday agreed to pay the Financial Industry Regulatory Authority $2.5 million to settle claims that for 18 years it violated multiple research report disclosure requirements, impacting approximately 110,000 debt and equity research reports.
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November 19, 2025
TD Bank Accused Of Chinese Discrimination In AML Fallout
Ex-TD Bank employees on Wednesday hit the bank with a proposed class action accusing it of unlawfully targeting and firing its Chinese and Chinese-American workers in an attempt to show compliance with anti-money laundering procedures in the wake of enforcement actions taken by the U.S. government against the bank.
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November 19, 2025
NJ Construction Co. Sues Over Hudson Tunnel Union Limits
A New Jersey construction company wants to delay bidding for part of the $16 billion Hudson Tunnel Project, claiming in a federal lawsuit that the multistate commission overseeing the project unlawfully barred employing the United Steelworkers union currently representing the company's workers.
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November 19, 2025
Tennis Australia Seeks Pause In Suit As Antitrust Deal Nears
Professional tennis players are seeking to pause proceedings against defendant Tennis Australia Ltd. in a lawsuit accusing major organizations in the sport of manipulating pay and rankings through an illegal cartel, saying Wednesday that a settlement is imminent.
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November 19, 2025
Insurer Says Broker Error Bars Claim For Chocolate Spoilage
Aspen American Insurance Co. hit a U.S. affiliate of French pastry retailer Laduree with a federal complaint seeking to void an insurance contract over a shipment of chocolate the company claimed was improperly refrigerated during overseas transit.
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November 19, 2025
Live Nation Looks To End DOJ's Antitrust Case
Live Nation told a New York federal court there's no need for a trial in the antitrust case from the U.S. Department of Justice and a contingent of states because enforcers have not shown that it has monopoly power over any live entertainment market or that it hurt competition.
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November 19, 2025
NY Judge Halts DHS' Protected Status Termination For Syrians
A New York federal judge on Wednesday expressed disbelief that the Trump administration adequately considered local conditions when ending Temporary Protected Status for those facing danger in their home countries, staying the decision to end the program for Syrians.
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November 19, 2025
Samourai Wallet Tech Gets 4 Years In Crypto Laundering Case
A Manhattan federal judge sentenced a self-taught coder who managed the day-to-day tech side of crypto mixer Samourai Wallet to four years in prison Wednesday, after he admitted that he knew the business facilitated bitcoin transfers derived from criminal activity.
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November 19, 2025
Sara Lee Falsely Claims 'No Preservatives,' Suit Says
A proposed class of consumers is suing the company behind Sara Lee in New York federal court, alleging its bread products contain citric acid even though the labels indicate they are made without "artificial colors, flavors & preservatives."
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November 19, 2025
3 Firms Lead Churchill Capital's Latest $300M SPAC Filing
Special purpose acquisition company Churchill Capital Corp. XI, the latest in a string of SPACs founded by former Citi executive Michael Klein, has launched plans to raise up to $300 million in its initial public offering built by three law firms.
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November 19, 2025
Eco Orgs. Ask 2nd Circ. To Undo NY, NJ Pipeline Project Nods
Environmental groups have sued New York and New Jersey environmental regulators over their issuance of Clean Water Act permits for a controversial Williams Cos. pipeline upgrade after previously denying the permits over pollution concerns.
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November 19, 2025
Pillsbury Asks 2nd Circ. To Guard $4M Client Fee From SEC
Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.
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November 19, 2025
Canadian Gas Co. Hits Ch. 15 Ahead Of Nov. Debt Payments
Canacol Energy Ltd., a Canadian group that explores natural gas in Colombia, has sought Chapter 15 protection in New York, citing a liquidity crunch hampering its ability to make upcoming payments on over $900 million in debt.
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November 18, 2025
Pillsbury Winthrop Latest Firm Targeted By Data Breach Suit
Pillsbury Winthrop Shaw Pittman LLP on Tuesday was hit with a proposed class action stemming from a data breach the firm says happened in April, adding to the growing litigation firms are facing in the aftermath of cyberattacks.
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November 18, 2025
Buyers Ask To Add 'Hawk Tuah' Influencer To Token Suit
Buyers of the "Hawk Tuah" themed-meme coin want to expand their securities suit with new claims and defendants, including naming the social media star behind the viral phrase, Haliey Welch, as well as her managers.
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November 18, 2025
Feds Grill NY Gov. Aide's Mom In Pursuit Of FARA Money Trail
Federal prosecutors on Tuesday turned their focus to tracing the proceeds from a purported scheme by a former top New York state government staffer to secretly further the interests of the People's Republic of China, calling the defendant's own mother to the stand over a bank account alleged to have been used to move criminal funds.
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November 18, 2025
Reed Smith Can't Represent Eletson By 'Repeated Incantation'
A New York federal judge on Tuesday rejected Reed Smith LLP's latest effort to intervene on behalf of the purported former owners of international shipping company Eletson Holdings in Eletson's $102 million breach-of-contract litigation with rival Levona, saying the firm can't represent the holding company post-bankruptcy "by repeated incantation."
Expert Analysis
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How Cos. Can Prep For Tightened Calif. Data Breach Notices
Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.
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A Look At State AGs' Focus On Earned Wage Products
Earned wage products have emerged as a rapidly growing segment of the consumer finance market, but recent state enforcement actions against MoneyLion, DailyPay and EarnIn will likely have an effect on whether such products can continue operating under current business models, say attorneys at Quinn Emanuel.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Viral 'Brewers Karen' Incident Teaches Employers To Act Fast
An attorney who was terminated after a viral video showed her threatening to call U.S. Immigration and Customs Enforcement on an opposing team's fan at a Milwaukee Brewers game underscores why employers must take prompt action when learning of viral incidents involving employees, says Joseph Myers at Mesidor.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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Notable Q3 Updates In Insurance Class Actions
The third quarter of 2025 was another eventful quarter for total loss valuation class actions, with a new circuit split developing courtesy of the Sixth Circuit, while insurers continued to see negative results in cost-of-insurance class actions, says Kevin Zimmerman at BakerHostetler.
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What's At Stake In High Court Compassionate Release Case
The U.S. Supreme Court will hear arguments in Fernandez v. U.S. next week about the overlap between motions to vacate and compassionate release, and its ultimate decision could ultimately limit or expand judicial discretion in sentencing, says Zachary Newland at Evergreen Attorneys.
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2nd Circ. Peloton Ruling Emphasizes Disclosure Context
The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split
The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.
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DOJ's UnitedHealth Settlement Highlights New Remedies Tack
The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.
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DOJ Faces Potential Discovery Pitfalls In Comey Prosecution
The unusual circumstances surrounding the prosecution of former FBI Director James Comey increase the odds of a discovery misstep for the U.S. Department of Justice, offering important reminders for defense counsel on how to ensure the government fulfills its obligations, says Kenneth Notter at MoloLamken.
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When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.