A New York federal judge sentenced a former Wilson Sonsini Goodrich & Rosati PC information technology employee to two years in prison Wednesday for trading on inside information about the firm’s clients.
U.S. Rep. Chaka Fattah Sr., D-Pa., was slapped with federal charges on Wednesday in connection with a series of schemes including allegations that he misappropriated hundreds of thousands of federal grant money, charitable donations and campaign contributions to repay debts associated with his failed Philadelphia mayoral bid in 2007.
A coalition of domestic steel producers on Tuesday lodged an immense trade complaint with the U.S. government, demanding remedial tariffs on steel products used in the automotive and construction industries originating from eight trading partners, including China, South Korea and Brazil.
The National Football League went on the offensive Tuesday to kick off what's likely to be a contentious federal court battle after Commissioner Roger Goodell's much-anticipated decision to uphold New England Patriots quarterback Tom Brady’s four-game suspension for his part in "Deflategate."
The Second Circuit on Tuesday deepened the appellate split on whether compelled arbitration should dismiss or stay lawsuits, finding that a customer's proposed class action accusing Verizon Wireless Inc. of concealed billing practices should be paused while the two sides go to mediation.
A judge reduced a Georgia jury's award against Fiat Chrysler LLC to the parents of a boy who burned to death in a Jeep Grand Cherokee from $150 million to $40 million, after the parents indicated they'd accept a "reasonable" reduction of that award.
A Texas appeals court Tuesday affirmed its decision to void class certification and claims in a $1 billion Texas Theft Liability Act suit against Entergy Corp. for allegedly inflating electric bills through an energy-purchasing scheme.
National Football League Commissioner Roger Goodell has denied New England Patriots quarterback Tom Brady's appeal of his four-game suspension over the so-called Deflategate controversy involving underinflated footballs used in a playoff game last year, the league said Tuesday.
The D.C. Circuit on Tuesday largely upheld the U.S. Environmental Protection Agency’s plan to control cross-state air pollution, but ordered the agency to reconsider emissions budgets criticized as unfairly strict by a handful of states.
The U.S. Securities and Exchange Commission on Tuesday said Mead Johnson Nutrition Co. will pay $12 million to settle claims that it violated the Foreign Corrupt Practices Act when distributors in China allegedly bribed staff at state-owned hospitals to promote the company’s line of infant formula.
Wal-Mart Stores Inc., Amazon.com Inc. and other retail giants will ask a judge Tuesday to overturn the $7.25 billion antitrust settlement Visa Inc. and MasterCard Inc. reached over their interchange fees in light of the revelation that a former MasterCard lawyer and a plaintiffs' attorney shared confidential information in the multidistrict litigation.
The National Security Agency will destroy records from its massive collection of domestic telephone metadata as soon as pending litigation is resolved, the government said on Monday, as the Ninth Circuit halted a challenge to the recently granted six-month extension of the controversial program, pending a similar Second Circuit appeal.
AT&T has fired back at the Federal Communications Commission’s proposed $100 million fine over its allegedly misleading unlimited data plan, telling the agency its notice of apparent liability is both “unprecedented and indefensible,” according to a filing obtained Monday.
The Second Circuit ruled Monday that Ford Motor Co. and IBM Corp. cannot be held liable in the U.S. for selling identification technology and military vehicles to South Africa while under apartheid that allegedly facilitated the country’s human rights abuses because the alleged conduct was largely perpetrated outside the U.S.
A Texas federal court on Monday granted class certification in part to investors suing Halliburton Co. in the landmark case that had made two trips to the U.S. Supreme Court.
Teva Pharmaceutical Industries Ltd., guided by Sullivan & Cromwell LLP, has inked a deal to pay $40.5 billion in cash and stock for the generic-drug business of Allergan plc instead of continuing to pursue a hostile bid for Mylan NV, Teva said Monday.
The National Highway Traffic Safety Administration hit Fiat Chrysler Automobiles US LLC with a $105 million civil penalty Sunday for failing to complete 23 recalls covering more than 11 million vehicles, the largest fine ever levied by the regulator.
The U.S. Securities and Exchange Commission has taken on average six months longer to decide appeals of agency administrative proceedings and other matters during Mary Jo White's tenure as boss than it did under her predecessor, a Law360 analysis of agency data has found.
A New York federal judge refused Friday to dismiss the criminal indictment against former New York State Assembly Speaker Sheldon Silver, saying Silver's allegations of shortcomings in the indictment missed the mark.
The Federal Communications Commission signed off Friday on AT&T Inc.'s $48.5 billion merger with DirecTV despite objections from rivals, after the companies agreed to build out their high-speed network and to abide by some net neutrality-related fixes.
These days, jurors and judges are so accustomed to seeing graphics — on the street, on the Web, on their smartphones — that they expect to see something good in the courtroom. The best graphics are composed of consequential information, clearly displayed, with emphasis on what matters most, paired with artwork that adds meaning. This simultaneously compels people to think, feel and make decisions, says Aaron Stienstra, design direc... (continued)
United Technologies Corporation's global settlement with the U.S. Departments of State and Justice underscores the importance of a robust compliance program to prevent, detect and remediate any violations of export control laws or regulations — especially if products and services are destined for China, say Jeffrey Gerrish and Soo-Mi Rhee of Skadden Arps Slate Meagher & Flom LLP.
Following the U.S. Supreme Court's treatment of the machine-or-transformation test in Mayo Collaborative Services Inc. v. Prometheus Laboratories Inc., the test — previously thought to be the governing test for patent eligibility under § 101 — no longer appears to occupy such a prominent role in patent-eligibility jurisprudence, says William Merkel of Marshall Gerstein & Borun LLP.
“This is an easy case,” Justice Antonin Scalia wrote in his opinion in Radlax Gateway Hotel LLC v. Amalgamated Bank, settling the issue of whether the Bankruptcy Code grants the secured creditor a right to credit bid in an auction sale under a plan. But interestingly, the opinion barely mentions the infamous Philadelphia News decision from the Third Circuit which was effectively overruled by the U.S. Supreme Court, say attorneys wi... (continued)
While the New York state Senate did not act on the Foreclosure Fraud Prevention Act of 2012 before adjourning its regular session — and as a result there is little chance the bill will be enacted this year — the bill represents the latest attempt by state governments to impose criminal liability on fraudulent foreclosure practices by mortgage servicers or their employees, say attorneys with Dechert LLP.
In United States v. Aleynikov, the Second Circuit recently created an unfortunate cloud over the scope of the federal trade secret statute. The decision detracts from the primary legislative objectives to promote and protect national economic security and punish individuals who misappropriate intellectual property in the form of trade secrets, say Mark Krotoski and Richard Scott of the U.S. Department of Justice.
Although the Patient Protection and Affordable Care Act and its coverage mandates have been upheld, the lack of regulatory guidance for many key areas of the statute creates uncertainty regarding implementation and enforcement. No matter how employers and plan fiduciaries approach the various coverage mandates, it is clear that the future is not without risk of litigation, say attorneys with Proskauer Rose LLP.
The Northern District of California's opinion in Oracle America Inc. v. Google Inc. is suprising given that there was direct copying and that the threshold of originality required for a work to qualify as copyrightable has traditionally been so low that the application programming interfaces almost certainly qualified as sufficiently original to be protected by copyright, says David Makman of the Law Offices of David A. Makman.
The Committee on Foreign Investment in the United States recently blocked yet another acquisition involving Chinese investors. Any foreign companies looking to invest in the U.S. should be wary of the scrutiny they may confront, and determine whether CFIUS review is likely, say George Wang and Yelena Kotlarsky of Haynes and Boone LLP.
ING Bank NV's $619 million fine to settle criminal charges is the largest ever against a financial institution in connection with an investigation into U.S. sanctions violations and related offenses. The enforcement action is also notable in several other respects, say attorneys with Steptoe & Johnson LLP.