Top Stories

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  Bernstein Litowitz Can Hire Ex-SEC Atty Over Musk Objection

  By Jessica Corso

  A New York federal judge on Thursday gave the all-clear for investor-side firm Bernstein Litowitz Berger & Gross...(read more)

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  Justices Nix Higher Hurdle For Heterosexual Bias Claims

  By Ryan Harroff

  A unanimous U.S. Supreme Court on Thursday vacated the Sixth Circuit's ruling that plaintiffs claiming anti-hete...(read more)

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• Trump's New Travel Ban May Be Harder To Fight This Time

  By Britain Eakin

  President Donald Trump's travel ban, which suffered multiple court losses during his first term before the U.S. Supreme Court ultimately upheld it, may be on more solid legal footing in its renewed form, with lessons evidently applied from those losses.

• SEC Seeks To Cut Enforcement Staff To 2010 Levels

  By Jessica Corso

  The U.S. Securities and Exchange Commission could see its lowest level of enforcement attorneys since the first Obama administration if Congress approves the agency's requested budget, with the proposal indicating that even more workers could leave the SEC in the next fiscal year. 

• Feds Slam 'Flawed' Critique Of Camp Lejeune Water Expert

  By Abigail Harrison

  The U.S. Department of Justice pushed to keep its water quality expert in North Carolina federal court on Wednesday, saying that the Camp Lejeune toxic water plaintiffs' critique of him was "fundamentally flawed" and experts on both sides relied on some of the same science.

• Ga. Court Nixes 'Massive' $65M Punitive Award In Fraud Case

  By Chart Riggall

  The Georgia Court of Appeals on Thursday struck down $65 million in punitive damages awarded to a doctor who was defrauded of his investments in a series of restaurants, ruling that the verdict was "grossly excessive" at more than 100 times the value of the compensatory damages awarded by a state court jury.

• Girardi's Son-In-Law Admits Contempt In Illinois Theft Case

  By Lauraann Wood

  Tom Girardi's son-in-law pled guilty to criminal contempt Thursday in Illinois federal court, admitting he knew the once-celebrated plaintiffs lawyer failed to pay millions of dollars in plane crash settlement funds they had been ordered to distribute to their clients "as soon as practical."

• Feds 'May Not Arrest' Columbia Student, Judge Says

  By Pete Brush

  A Manhattan federal judge declined Thursday to dismiss a Columbia University undergraduate's suit claiming the Trump administration is unlawfully seeking her arrest and removal because she expressed pro-Palestinian views at a rally, sharply criticizing the feds' approach.

• How Trump's Pardons Could Sway Prosecutorial Discretion

  By Phillip Bantz

  As President Donald Trump dismantles a growing list of white collar criminal cases with a flurry of clemency grants early in his second term, erasing years of investigative and prosecutorial work with a stroke of his black Sharpie, experts worry his actions will have a chilling effect on prosecutorial decision-making.

• Hedge Fund Founder Hits Ch. 11 After $113M Judgment

  By Rick Archer

  The founder of the bankrupt Weiss Multi-Strategy Advisers has himself sought Chapter 11 protection in Florida after a New York judge granted a nearly $113.5 million judgment against him in favor of his firm's largest creditor.

• 4th Circ. Stalls Jordan's NASCAR Team During Antitrust Suit

  By Hayley Fowler

  The Fourth Circuit on Thursday threw a caution flag in a much-publicized antitrust suit against NASCAR by vacating an injunction that let two teams — including one co-owned by NBA legend Michael Jordan — keep their charter status while they pursue claims against the league.

• KFC Parent Co. Fights $4B IRS Bill In Tax Court

  By Anna Scott Farrell

  The parent company of Pizza Hut, KFC and Taco Bell is challenging $2.5 billion in taxes and penalties that the IRS claims it owes for a corporate reorganization to restructure its international operations, according to a U.S. Tax Court petition served Thursday, a figure that has topped $4 billion with interest.

• High Court Drops Class Cert. Clarification Bid

  By Katie Buehler

  The U.S. Supreme Court declined Thursday to weigh in on whether federal courts can certify classes that include uninjured members, holding it improperly agreed to hear a disability discrimination case against diagnostics company Labcorp that raised the important question.

• Justices Revive Bid To Enforce $1.3B Indian Satellite Award

  By Caroline Simson

  The U.S. Supreme Court on Thursday overturned a Ninth Circuit decision refusing to enforce a $1.3 billion arbitral award issued to an Indian satellite communications company, ruling that the court's outlier interpretation of a jurisdictional question was incorrect.