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Featured
Former Consumer Financial Protection Bureau Director Rohit Chopra's next act in government is poised to unfold on a new stage in California, but financial firms will likely recognize the script. Watch this space, attorneys tell Law360.
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July 21, 2026
The First National Bank of Pasco pushed back on a suit from its former CEO alleging he was wrongfully terminated for filing a whistleblower report with the Office of the Comptroller of the Currency, arguing that the bank was within its discretion to fire him for any reason, including to protect the bank from his management practices.
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July 21, 2026
Former Connecticut Supreme Court Chief Justice Richard A. Robinson has been screened from participating in billionaire Alexander Vik and his daughter's vexatious litigation and $65 million stock sale turnover lawsuit against Deutsche Bank, according to the financial institution's lawyers at Day Pitney LLP.
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July 20, 2026
Bank of America agreed to a $4.3 million deal to end claims that it didn't pay out unused vacation time for thousands of workers, though the settlement hit a minor setback when a federal judge ruled the plaintiffs set a hearing date too soon after filing their preliminary approval motion.
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July 20, 2026
A Georgia-based debt collection company does not have to face a $500,000 jury verdict that it failed to reasonably investigate a disputed debt involving identity theft, the Tenth Circuit ruled Monday, joining other circuits in holding that it's up to the consumer to show the underlying information was incorrect.
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July 20, 2026
The former chief technology officer of Celsius Network must pay more than $2 million to the Federal Trade Commission as part of a settlement alleging the company's leaders knowingly made false statements to customers before the platform went bankrupt, a New York federal judge has ordered.
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July 20, 2026
Brian Johnson, a Capital One executive whom President Donald Trump has tapped to lead the Consumer Financial Protection Bureau, will temporarily sit out any agency matters that specifically involve the credit card banking giant if confirmed, according to a newly released ethics agreement.
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July 20, 2026
JPMorgan Chase's payment processing systems have been infringing a trio of patents covering technology meant to protect data during transactions, according to a lawsuit filed in Texas federal court.
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July 20, 2026
The Seventh Circuit won't revive a lawsuit claiming a printing company's directors and employee stock ownership plan trustee illegally undersold the business into private equity for $265 million, saying a lower court made no clear errors in throwing out the case.
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July 20, 2026
A longtime finance associate at Proskauer Rose LLP has joined King & Spalding LLP's New York office as a partner, just a month after the firm added another three lawyers from her former team, the firm announced Monday.
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July 17, 2026
New York federal prosecutors have announced charges against two Chinese nationals who are alleged to be top members of a sophisticated money laundering network in New York and China that used numerous shell companies and bank accounts to conceal at least $43 million in illicit proceeds from "pig-butchering" scams.
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July 17, 2026
A New York federal judge has ruled that Deutsche Bank must face a proposed class action accusing it of conspiring with other big banks to fix U.K. government bond prices, finding that newly alleged trader chats provide "smoking gun" evidence allowing the case to proceed.
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July 17, 2026
The Federal Deposit Insurance Corp. argued during closing arguments in a trial in California federal court that Silicon Valley Bank's 2023 failure was due to excessive financial risk and mismanagement, while SVB countered that its losses were sparked by an "unprecedented" bank run.
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July 17, 2026
A Connecticut appeals court on Friday revived a Deutsche Bank lawsuit against billionaire Alexander Vik, concluding that the bank's prior litigation loss did not bar a second lawsuit accusing Vik and his daughter of disrupting a Norwegian software company's share sale designed to partially satisfy a $243 million English court judgment.
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July 17, 2026
The number of patent families for generative artificial intelligence inventions more than doubled between 2024 and 2025, with mostly Chinese companies leading the pack, according to a report from a United Nations intellectual property agency.
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July 17, 2026
U.S. District Judge Jed S. Rakoff has entered an opinion explaining why he tossed an investor suit last month accusing JPMorgan, Barclays and Fifth Third of facilitating a fraudulent scheme by bankrupt subprime auto lender Tricolor Holdings, saying the suit does not establish the banks' motivations.
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July 17, 2026
A Sixth Circuit panel has declined to grant a full rehearing of a constitutional challenge of the Financial Industry Regulatory Authority's in-house disciplinary proceedings brought by the owner of a financial consulting company that had support from billionaire entrepreneur Mark Cuban.
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July 17, 2026
Two former members of the FDIC's board of directors, one of whom also led the Consumer Financial Protection Bureau, filed an amicus brief urging the Tenth Circuit to uphold a panel's ruling reinstating a Colorado law intended to curb high-cost lending in the state that a lower court initially shot down.
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July 17, 2026
The D.C. Circuit has upheld the maximum prison sentence handed down in the case of an IRS contractor who pled guilty to leaking President Donald Trump's tax returns, along with thousands of others, ruling Friday that the punishment was "reasonable."
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July 17, 2026
A group of mortgage lenders and software companies once again pushed for the dismissal of a proposed mortgage price-fixing class action filed by homeowners in Tennessee federal court, arguing that the claims should be tossed, in part, because the plaintiffs failed to allege that the software products at the center of their suit made pricing recommendations.
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July 17, 2026
BakerHostetler announced it has hired a Reed Smith LLP partner with over a decade of legal experience in its Los Angeles office, saying he will advise borrowers and lenders on complex private equity, private credit and other financing transactions.
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July 16, 2026
Federal regulators said Thursday that they are stepping up their protocols for handling bank data and documents during supervisory examinations, outlining a new policy that will allow banks to designate certain "highly sensitive" information for stricter access control measures.
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July 16, 2026
The New Jersey Supreme Court on Thursday revived whistleblower claims accusing Bank of America, Wells Fargo and other financial giants of fraud in the setting of interest rates on certain municipal bonds, saying that a lower court improperly blocked the attorney general from exercising authority in the litigation.
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July 16, 2026
Edible Arrangements' former chief operating officer and his company must pay nearly $14 million after defaulting in a case that accused him of regularly stealing from the fruit-basket company by intercepting vendor rebate checks and diverting millions of dollars in media-contract payments, a Georgia federal judge said Thursday.
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July 16, 2026
Wells Fargo and Ocwen asked a New York federal judge for a pretrial win in a suit from union pension fund trustees accusing the companies of mishandling home loans tied to employee pension fund investments, after the Second Circuit partially knocked out the companies' earlier win in March.
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July 16, 2026
Pressure is mounting on law firm leaders to dive into the AI waters or watch competitors swim away, but figuring out responsible, cost-effective methods to use high-priced legal tech remains tricky, experts say.