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August 21, 2026
A California federal judge told Meta that its in-house attorney was absolutely wrong about what constitutes attorney-client privilege and should take an ethics course. And a bipartisan group of 128 ex-judges have asked the Florida Bar to investigate Homeland Security's general counsel for his attacks on sitting judges. These are some of the stories in corporate legal news you may have missed in the past week.
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August 21, 2026
Massachusetts' former top cannabis regulator says efforts to remove her from the role were retaliation by the state treasurer and other officials for flagging alleged conflicts of interest, regulatory violations and fraud.
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August 21, 2026
The United States is asking the U.S. Supreme Court to reject a Nevada tribe's petition that looks to revive a $208 million breach of trust claim, saying the tribe hasn't identified a source of substantive law that the federal government violated by allegedly failing to prevent water diversion from its reservation.
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August 21, 2026
Federal Trade Commission attorneys will appear before a Virginia federal judge Monday in what will likely be the FTC's only antitrust conduct trial this year, squaring off against a rental listings syndication deal it says amounted to Zillow's $100 million payout for the smaller Redfin to exit the market.
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August 21, 2026
A Colorado federal judge temporarily blocked part of a new state law imposing additional inspections and penalties on The GEO Group Inc.'s immigration detention facility in Aurora, finding the provisions likely unlawfully discriminate against the company as a federal contractor.
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August 21, 2026
The Eleventh Circuit refused to revive a lawsuit alleging the Bureau of Alcohol, Tobacco, Firearms and Explosives forced an employee with a heart condition to accept a demotion rather than let her take unpaid leave, ruling the agency wasn't required to supplement the paid time off she had available.
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August 21, 2026
In our latest Law360 Transportation Tracker, an Illinois jury awarded $29 million to the family of a U.N. worker killed in the 2019 crash of a Boeing 737 Max 8, while freight broker C.H. Robinson was hit with a blockbuster $604 million verdict in Texas over a fatal 2021 trucking accident.
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August 21, 2026
A former trial attorney in the U.S. Department of Justice's National Security Division has joined Ashurst Perkins Coie LLP as a partner in its complex litigation practice in Chicago after more than 12 years in public service.
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August 20, 2026
The Instagram executive responsible for the algorithm kicked off Meta's defense case Thursday over Tennessee's claims it concealed harm to youths' mental health, testifying the company's efforts to protect children also protect its bottom line.
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August 20, 2026
A senior HEICO Corp. executive was arrested Thursday and charged with securities fraud for what Manhattan federal prosecutors say were multiple instances of insider trading in the stock of the publicly traded aerospace and technology company.
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August 20, 2026
The Consumer Financial Protection Bureau has urged a California federal court to reject lender CashCall Inc.'s bid to wipe out its more than $157 million enforcement judgment, slamming its claims of a settlement bait-and-switch by the agency as "baseless."
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August 20, 2026
A former Trade Desk finance director traded on insider information ahead of public earnings announcements by his former employer, netting over $338,000 in profits, according to an indictment unsealed Thursday and a U.S. Securities and Exchange Commission complaint, both in New York federal court.
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August 20, 2026
With trial dark Thursday due to juror illness, a California judge overseeing states' claims that Meta Platforms Inc. hid social media's harms heard arguments over evidence, at one point criticizing Meta's efforts to assert attorney-client privilege and calling the company's in-house lawyer "absolutely wrong" about the appropriate standard.
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August 20, 2026
The Office of the Comptroller of the Currency on Thursday preliminarily approved a charter application from Brazil-based Itaú Unibanco SA, guided by Arnold & Porter, to establish a national bank in the United States.
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August 20, 2026
U.S. Commodity Futures Trading Commission Chairman Michael Selig said Thursday that he's directed agency staff to begin crafting crypto rules in the event that crypto market structure legislation fails to move forward in September.
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August 20, 2026
U.S. Sens. Ron Wyden, D-Ore., and Elizabeth Warren, D-Mass., urged the Financial Industry Regulatory Authority to boost consumer protections to prevent brokerage fraud through the Automated Customer Account Transfer Service, pointing to "structural weaknesses" in the system they say bad actors are exploiting to drain customers' brokerage accounts.
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August 20, 2026
The Eleventh Circuit on Thursday handed Delta Air Lines and Aeromexico a decisive win by vacating a U.S. Department of Transportation order directing them to dismantle their nearly decadelong joint venture, saying the DOT applied a skewed standard and made unsupported findings about the partnership's purported anticompetitive effects.
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August 20, 2026
The U.S. Securities and Exchange Commission has upheld Nasdaq's decision to delist the stock of Shineco Inc. after the Chinese biotech firm repeatedly violated the exchange's listing requirements, rejecting the company's arguments that a Nasdaq hearing panel reached its decision too quickly and did not properly consider plans for new operations at Shineco.
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August 20, 2026
Corridor Television will pay a voluntary contribution of $27,000 to resolve an investigation from the Federal Communications Commission into whether it submitted misleading information about its participation in three nationwide tests of the Emergency Alert System.
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August 20, 2026
The U.S. Securities and Exchange Commission has secured a nearly $266,000 judgment against a California-based investment adviser and his firm, and banned him from practicing for three years after he allegedly emailed himself confidential client information from his former employer and used it to launch his own investment firm.
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August 20, 2026
A California federal judge prohibited the CEO of a defunct tax compliance startup who was accused by the U.S. Securities and Exchange Commission of swindling $13 million from investors from deceiving anyone or disseminating false information regarding investments in violation of securities laws.
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August 20, 2026
The Federal Reserve has terminated a 2017 enforcement action that required Deutsche Bank to pay nearly $137 million over its alleged role in Wall Street's foreign exchange rate-rigging scandals.
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August 20, 2026
A federal judge in New York sentenced the founder of bankrupt apparel company CaaStle to five years in prison on Thursday after she admitted to deceiving investors about the prospects of her supposed $1.4 billion business to fraudulently raise nearly $300 million.
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August 20, 2026
The U.S. Securities and Exchange Commission said the nation's largest clearing agency was within its rights to block a now-defunct brokerage firm from using its services, but the commission said the broker would no longer have to pay a fine nor be on the hook for attorney fees for appealing the decision.
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August 20, 2026
Dentons has hired a K&L Gates LLP healthcare partner and office managing partner who spent more than 17 years at that firm advising pharmaceutical, biotechnology, medical device and other life sciences clients on regulatory, compliance and transactional matters.