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June 04, 2026
New York lawmakers gave final approval to legislation designed to curb the flow of illicit product into the state's cannabis market; Iowa's governor signed into law a bill to double the number of licensed medical cannabis dispensaries; and Louisiana legislation allowing terminally ill patients to access medical marijuana became law. Here are the major moves in cannabis and psychedelics legislation from the past week.
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June 04, 2026
After trying and failing to boot the judge overseeing a case over the construction of a track that failed during the Formula 1 Miami Grand Prix race in 2022, a British racetrack consultant avoided a trial with a last-minute settlement.
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June 04, 2026
New York state has launched an antitrust investigation into Compass Inc. after the country's biggest real estate brokerage announced last year that it would acquire Anywhere Real Estate, the second-largest brokerage, in a $1.6 billion deal.
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June 04, 2026
Insurance companies have alleged in a new federal complaint that a New York law firm coordinated a racketeering and fraud scheme with medical providers to manufacture and inflate personal injury litigation and exploit medical treatments for profit.
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June 04, 2026
J.D. Power has hit Chime Financial Inc. with a lawsuit in New York federal court, accusing the fintech company of willfully infringing J.D. Power's trademarks to support a "widespread, multi-channel" deceptive advertising campaign falsely suggesting that the data analytics firm rated Chime "America's #1 Choice for Banking."
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June 04, 2026
A New York federal judge said that state attorneys general will have to wait on discovery to bolster their bid for a Live Nation Entertainment Inc. breakup, preferring to first tackle the live music giant's bid to upend jury findings faulting the company for monopolizing the industry.
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June 04, 2026
A former McDermott Will & Schulte attorney has moved to Hogan Lovells as a partner in the antitrust, competition and economic regulation practice, the firm announced Thursday.
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June 04, 2026
The New York state trial court judge overseeing President Donald Trump's civil fraud case granted his request to preserve notes from private meetings between state litigators and Trump's former attorney Michael Cohen after the key witness said he felt "pressured" to testify.
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June 04, 2026
An ultrasonic technology company has agreed to settle a former employee's suit claiming she was fired after she rejected her boss's ongoing romantic advances and began looking into legal action against him, according to New York federal court filings.
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June 04, 2026
The level of coordination between the U.S. Department of Justice and the U.S. Securities and Exchange Commission has decreased under the Trump administration, resulting in disjointed investigatory efforts and misaligned timing in parallel investigations, experts say.
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June 04, 2026
The U.S. Supreme Court upheld the Federal Communications Commission's authority to issue monetary penalties Thursday, knocking down challenges to nearly $200 million in fines against the Big Three wireless carriers for failing to protect consumer data privacy.
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June 03, 2026
New York's top banking regulator said Wednesday that the U.S. vehicle financing arm of Spanish banking giant Santander will pay a fine and consumer refunds totaling more than $675,000 to settle findings from an investigation into its auto loan fee practices.
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June 03, 2026
Facing sanctions for allegedly frivolous litigation in New York state court, Brooklyn political powerbroker Frank Seddio testified Wednesday that his federally-charged client made numerous court filings under his name.
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June 03, 2026
The U.S. Department of Justice said Wednesday that two health assessment companies and a founder of one of them agreed to pay $56.5 million to resolve whistleblower allegations that they submitted false diagnosis information to private Medicare insurers.
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June 03, 2026
A challenge to a Trump administration directive calling for providers of gender-affirming care to be investigated by the U.S. Department of Justice will proceed after a Massachusetts federal judge said Wednesday that the states that filed suit have already demonstrated harm from the federal government's actions.
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June 03, 2026
Jay Clayton, the U.S. attorney for the Southern District of New York, warned an audience at an anti-money laundering conference Wednesday of the risk of foreign governments spending money on social media campaigns in the U.S. to "foment distrust," adding that regulators need to improve their handle on the global flow of illicit profits outside the core financial system.
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June 03, 2026
A Massachusetts federal judge considering whether to block a new Trump administration rule that could kick millions of public sector and nonprofit employees out of a student loan forgiveness program repeatedly pressed a government lawyer Wednesday on the precise criteria the U.S. Department of Education would use to decide who is no longer eligible.
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June 03, 2026
The Consumer Financial Protection Bureau said late Tuesday that Bilt will reimburse hundreds of customers for penalty fees tied to snags in the relaunch of its rent-payment rewards cards, touting the move as a case study in the benefits of "collaboration" over punitive enforcement.
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June 03, 2026
Sysco's CEO has disclosed that U.S. antitrust enforcers launched an in-depth probe into the wholesale restaurant food distributor's plan to acquire Jetro Restaurant Depot at a total enterprise value of approximately $29.1 billion, while expressing confidence that officials will find no issues with the transaction.
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June 03, 2026
The U.S. Department of Justice on Wednesday announced that its Health Care Fraud Unit secured six jury trial convictions across the country in less than three weeks, with the cases involving more than $1.1 billion in fraud losses.
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June 03, 2026
A group of transgender minors and young adults who received gender dysphoria care at NYU Langone urged a New York federal court to bar the U.S. Department of Justice from accessing their sensitive health records through a criminal subpoena.
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June 03, 2026
An investment fund has filed a complaint in New York State court accusing a Pillsbury Winthrop Shaw Pittman partner of conspiring with convicted fraudsters to con the fund into writing a $145 million loan to now-defunct financial services company Aspiration Partners.
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June 03, 2026
An insider trading case involving nonpublic information prosecutors say was stolen from some of the largest law firms in the U.S. has ensnared more than two dozen defendants, many of whom have turned to lawyers with notable clients including Donald Trump, Harvey Weinstein and Luigi Mangione.
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June 03, 2026
Former NBA guard Terry Rozier asked a New York federal judge to loosen the bail restrictions in his federal gambling case Wednesday, asserting that the government has cost him millions of dollars as he fights to return to the league.
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June 03, 2026
The U.S. Department of Health and Human Services says a nursing center in New York City should have pursued administrative remedies before fighting the collection of $31 million in Medicare overpayments with a lawsuit.