Top Stories

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  Justices Cast Doubt On Future Of SEC's In-House Courts

  By Jessica Corso

  The conservative majority of the U.S. Supreme Court on Wednesday seemed poised to declare the U.S. Securities an...(read more)

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  CFPB's Chopra Says AI Could Give 'Enormous Control' To Few

  By Jon Hill

  Consumer Financial Protection Bureau Director Rohit Chopra said Tuesday that he is worried the rise of generativ...(read more)

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• StraightPath Execs Charged In $386M IPO Fraud Scheme

  By Henrik Nilsson

  Three principals of private equity firm StraightPath Venture Partners have been indicted in New York federal court on charges they raised $386 million by defrauding over 2,000 investors through false promises about purchases of pre-IPO shares in private companies, according to a Wednesday statement from the U.S. Department of Justice.

• Ga. Judge Regrets 'Harsh' Email's Wording, Not Its Message

  By Kelcey Caulder

  A Douglas County, Georgia, probate judge's contentious working relationship with the county's now-retired chief judge, who she suggested was a racist and should retire after her after-hours courthouse access was temporarily revoked, took center stage Wednesday as she testified in the state judicial watchdog's sweeping ethics case against her.

• Trump's Bankers Testify They Saw No Fraud And Made Millions

  By Frank G. Runyeon

  Current and former Deutsche Bank employees told a New York state judge Tuesday and Wednesday that they raked in millions from Donald Trump's business and saw no fraud in the nine-figure loans they approved, but the judge appeared unswayed by arguments that the testimony undermined the attorney general's case.

• Senate Confirms Asst. US Atty To Federal Judgeship In NJ

  By Courtney Bublé

  The Senate voted 54-44 on Wednesday to confirm Assistant U.S. Attorney Jamel Semper to a U.S. judgeship in the District of New Jersey.

• Man Charged Over Foiled Plot To Assassinate NY Atty

  By Khadrice Rollins

  An Indian national was recruited into an international plot to assassinate an attorney connected to a Punjab political revolution, according to an indictment filed in New York federal court Wednesday.

• TracFone Pays $23M Settlement In FCC Subsidy Probes

  By Christopher Cole

  Verizon subsidiary TracFone Wireless has agreed to settle with the Federal Communications Commission for more than $23 million over allegations that it violated rules for signing up consumers to FCC low-income subsidy programs.

• Senate Votes In New Hawaii District Judge

  By Nadia Dreid

  Federal prosecutor Micah W.J. Smith will be the next federal judge in the District of Hawaii after the Senate voted Wednesday afternoon to confirm him to the position in a 57-41 vote.

• Gov't To Appeal Toss Of Trump Reg On Drug Coupons

  By Ali Sullivan

  The Biden administration says it is appealing a D.C. federal judge's decision to nix a 2021 rule that allowed insurers to exclude prescription manufacturer coupons from counting toward patients' deductibles and out-of-pocket maximums.

• Durbin, Graham Stand By 'Blue Slip' For Judicial Nominations

  By Courtney Bublé

  The top Democrat and Republican on the Senate Judiciary Committee lauded and encouraged bipartisan cooperation on judicial nominees at the start of a nomination hearing on Wednesday that featured six nominees, five of whom are from red states and require Republican support to win confirmation.

• Firm Argues Ex-Atty's Suit Should Go To SDNY Per UN Rules

  By Emily Sawicki

  A discrimination and retaliation suit against New York firm Ellenoff Grossman & Schole LLP by a former associate who says she was fired for reporting sexual harassment has been removed to federal court with the firm claiming a state court would interfere with its arbitration rights under international law.

• More Firms Match Cravath's Pay Scale, With Some Tweaks

  By Xiumei Dong

  More law firms, including McDermott Will & Emery LLP and Paul Weiss Rifkind Wharton & Garrison LLP, have matched the associate salary scale set by Cravath Swaine & Moore LLP, with Paul Weiss also introducing an extra tier for eighth-year associates.

• AbbVie Tells 3rd Circ. 'Sham' Case Ruling 'Explodes' Privilege

  By Matthew Santoni

  Judges on a Third Circuit panel were skeptical Wednesday of arguments from AbbVie Inc. that a lower court's ruling on discovery of attorney communications in a "sham" patent case would open the floodgates to privilege challenges any time a drug company files a suit that slows down a competitor.