Compliance

  • October 20, 2026

    Flagstar Bank Sued Over Nussbaum Escrow Account Fraud

    A purported victim of ex-attorney Michael J. Nussbaum's Ponzi scheme on Monday accused Flagstar Bank NA of helping to facilitate the alleged $149 million escrow account fraud, claiming that the bank long knew about questionable transactions but didn't shut it down.

  • October 20, 2026

    CFTC's Selig Says Agency Is Building AI To Police Markets

    U.S. Commodity Futures Trading Commission Chairman Michael Selig spoke to an audience in Washington, D.C., Tuesday about his agency's use of artificial intelligence, whether regulations adopted in the wake of the 2008 financial crisis had gone "too far" and how he is pressing ahead with crypto rules despite Congress' inability to pass regulations before the midterm elections.

  • October 20, 2026

    Meta Wins Stay Of Wash. Ad Case Amid High Court Cert. Bid

    A Washington state judge on Tuesday granted Meta Platforms Inc.'s request to pause a permanent injunction requiring "full compliance" with a state political advertising disclosure law, agreeing to put the requirement on hold while the company asks the U.S. Supreme Court to review the law's constitutionality.

  • October 20, 2026

    Feds Offer Up-Front Payments For Fraud Whistleblower Tips

    The U.S. Department of Justice on Tuesday announced the creation of a whistleblower incentive program offering up-front monetary awards for tips that lead to criminal fraud charges.

  • October 20, 2026

    Broad Street Monitor Flags Risks For Investor Redemptions

    The court-appointed monitor for private equity firm Broad Street Global Management LLC testified Tuesday that he is concerned about more than 600 investors in the $1 billion fund who asked to redeem their investments in cash but have yet to receive their money nearly five months after the deadline.

  • October 20, 2026

    FBI, FTC Tip Sites Vulnerable To Spying, Sen. Wyden Warns

    The Federal Bureau of Investigation and the Federal Trade Commission's online tip lines and other government websites are vulnerable to spying, U.S. Sen. Ron Wyden, D-Ore., said in a letter urging the executive branch to upgrade security technology for the websites.

  • October 20, 2026

    CFPB's Debanking Push Puts Enforcement Reset To The Test

    The Consumer Financial Protection Bureau is pledging to crack down on allegedly discriminatory debanking practices, but this enforcement initiative could put the agency on a collision course with both the limits of its authority and its commitment to avoiding "novel legal theories."

  • October 20, 2026

    Utah Sues Kalshi, Susquehanna For Violating Gambling Ban

    Utah sued Kalshi, its related entities and Susquehanna International Group in state court Tuesday over a "brazen pattern of unlawful conduct" by offering sports event contracts that allegedly violate the state's constitutional ban on gambling, after the Tenth Circuit declined to shield Kalshi from Utah gaming regulators last month.

  • October 20, 2026

    Polymarket Calls Ohio's Gaming Enforcement Unconstitutional

    Polymarket has sued Ohio officials in federal court to stave off an enforcement action under the state's gambling laws, arguing its sports event contracts are under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission and that the state's gaming regulations unlawfully discriminate against interstate commerce.

  • October 20, 2026

    Judge Rejects DOJ Bid To End NAACP Suit Over XAI Pollution

    The Trump administration can intervene in a NAACP citizen suit alleging X.AI Corp. unlawfully installed dozens of polluting gas turbines to power a data center, but cannot unilaterally dismiss the suit as it claimed, a Mississippi federal judge has ruled.

  • October 20, 2026

    FCC Making 'Zero' Plans To Ease Political Robocall Rules

    The Federal Communications Commission said Tuesday it does not intend to float changes to its anti-robocall rules to allow AI-generated political calls to consumers ahead of the midterm elections after a conservative group made the proposal in August.

  • October 20, 2026

    Google Makes Last DC Circ. Push Against DOJ's Search Win

    Google took one final swing Monday at upending a D.C. federal judge's rulings faulting it for monopolizing online search and forcing it to prop up search engine rivals with data and syndicated results, telling the D.C. Circuit that the U.S. Department of Justice's case targets earned market dominance.

  • October 20, 2026

    Sinclair Says 5G Broadcast Bid Rests On 'Speculation'

    TV station chain Sinclair Inc. has opposed a petition before the Federal Communications Commission that would allow low-power TV stations to use the emerging 5G Broadcast standard, saying petitioners haven't provided evidence that would help the agency evaluate the technology's risk of potential interference. 

  • October 20, 2026

    UNC Settles Fed Probe Over Admissions, Antisemitism

    The University of North Carolina at Chapel Hill has agreed to shore up its antisemitism policies and refrain from using race as a factor in admission decisions in a settlement with the federal government that allows the public university to keep its federal funding, the Justice Department said.

  • October 20, 2026

    Baker Donelson Hires Ex-White House Info Director In DC

    Baker Donelson Bearman Caldwell & Berkowitz PC has hired a former Nelson Mullins Riley & Scarborough LLP partner, who previously worked as director of White House Information Governance for the Executive Office of the President, the firm announced Tuesday.

  • October 20, 2026

    Albertsons Says It Offered $800M To Save Kroger Deal

    Albertsons Cos. Inc.'s general counsel testified Tuesday that The Kroger Co. passed on proposed store divestitures that could have helped save their $24.6 billion merger, while Kroger's lawyers pointed to information shared with Albertsons and challenged its complaints about the process.

  • October 20, 2026

    Staffing App Will Pay $2.3M, Treat Drivers As Employees

    A gig staffing company has agreed to pay $2.3 million and treat all its California workers as employees to end San Francisco's lawsuit in state court claiming it wrongly labeled delivery drivers as independent contractors, the city's top lawyer announced Tuesday.

  • October 20, 2026

    Freshfields Hires Gibson Dunn Life Sciences Lawyer In DC

    Freshfields LLP has hired a former Gibson Dunn & Crutcher LLP lawyer who focuses his practice on identifying, assessing and mitigating risks associated with U.S. Food and Drug Administration oversight, the firm recently announced.

  • October 19, 2026

    Ex-OpenAI Engineer Must Stay In Custody In Recording Case

    The former OpenAI product team engineer accused of hiding a secret recording device in an executive conference room has been ordered to stay behind bars after prosecutors argued he has "considerable resources and ties to Saudi Arabia," according to news reports and the government's motion for detention.

  • October 19, 2026

    FCRA, TCPA Drive Consumer Protection Suits To 10-Year High

    Consumer protection litigation in federal courts hit a 10-year high in 2025, fueled by a rise in credit reporting and telemarketing disputes, and these gains show no signs of abating as the emergence of artificial intelligence tools sparks more grievances, according to a new report by Lex Machina.

  • October 19, 2026

    Oil Titans Denied 2029 Trial Date In Wash. Tribes' Climate Suits

    A Washington state judge has set a February 2028 trial date in two Native American tribes' cases accusing Exxon, Chevron and other petroleum giants of a decades-long campaign to downplay the dangers of burning fossil fuels, spurning the companies' bid for an October 2029 trial date.

  • October 19, 2026

    FCC Report Says Tribes Lack Funding For Suicide Hotline

    A dozen states reported collecting a total of $240.5 million in fees during the 2025 calendar year to support a federal suicide hotline while seven tribal authorities said they lack a funding mechanism to do so, according to a Federal Communications Commission report.

  • October 19, 2026

    Justices Urged To Hear Case Targeting FINRA Enforcement

    The U.S. Supreme Court has been asked to hear a case challenging the ability of the Financial Industry Regulatory Authority to impose fines through an in-house disciplinary procedure with a broker who was penalized by the regulator, telling the justices that it was "futile" to first bring his constitutional arguments before the U.S. Securities and Exchange Commission.

  • October 19, 2026

    SEC Says Cleaning Tech Co.'s Revenue Woes Were Concealed

    The U.S. Securities and Exchange Commission has sued an ex-executive and a board member of a now-dissolved sanitation technology company, accusing them of concealing the company's unfavorable financial state and NASCAR team sponsorship commitment from investors during a 2021 financing round.

  • October 19, 2026

    Texas Justices Won't Review Union Pacific Death Suit

    The Texas Supreme Court refused to undo a win for Union Pacific, which was accused of causing the death of a father of three by failing to correct an "extra-hazardous" railroad crossing with a history of near misses and collisions.

Expert Analysis

  • How To Use AI In Employment Contract Drafting

    Excerpt from Practical Guidance
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    Before using artificial intelligence to draft employment contracts, law firms and employers must assess practical ethical guardrails, appropriate use cases, core risk areas and validation workflows, says Samuel Mitchell at Smith Gambrell.

  • NY Severance Rules Persist Despite McLaren Macomb Threat

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    Despite recent calls to overturn the National Labor Relations Board's decision in McLaren Macomb, New York's robust regulation will remain intact, limiting practitioners' ability to offer nonsupervisory employees severance agreements with confidentiality and nondisclosure provisions, says Matthew Berman at Valli Kane.

  • How Evergreen Language Can Sink Landlord Credit Support

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    A recent pattern in court decisions interpreting letters of credit underscores the importance of using precise language when seeking evergreen protection, so landlords should seek explicit successive-renewal terms, verify issuer forms and calendar deadlines in order to preserve credit support, say attorneys at O'Melveny.

  • Bank Regulators' New Risk Guidance Offers More Flexibility

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    Newly proposed interagency guidance on banks’ third-party risk management would shift rigid compliance frameworks to a principles-based, risk-proportionate approach, potentially creating new opportunities for bank-fintech partnerships and giving smaller institutions a clearer path to innovation, say attorneys at Davis Wright.

  • Mo. Official's Indictment Tests Limits Of Federal Bribery Laws

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    The recent bribery charges filed against a Missouri county executive raise questions about whether field-clearing conversations and job offers between rival candidates can rise to the level of illegal quid pro quos, potentially muddying the line between politics as usual and the federal bribery statutes, say attorneys at ArentFox Schiff.

  • Calif. Decision Shows Limits Of Self-Serving Testimony

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    A California appellate court's recent opinion in a dispute between two home renovation partners is a reminder that where there are admissions or undisputed documentary evidence, litigants need more than self-serving testimony to overcome summary judgment, says Tyler Palmer at Tucker Ellis.

  • Conn. Insurers Should Prepare To Explain Premium Hikes

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    As of Jan. 1, Connecticut insurers must provide a reasonable explanation for personal risk insurance premium increases upon policyholder request, and thus should familiarize themselves with a recent bulletin that prescribes the details, say attorneys at Troutman.

  • Where The 3 Prediction Market Appellate Rulings Diverge

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    Although the recent Third, Sixth and Ninth Circuit opinions concerning prediction markets overlap on some issues, they differ on key statutory questions, deepening a circuit split over both the classification of sports event contracts and the scope of federal preemption, says Levi Giovanetto at Sheppard.

  • Health Plan Takeaways After 2nd Circ. No Surprises Act Ruling

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    While the Second Circuit's recent ruling in East Coast Advanced Plastic Surgery v. Cigna gives health plans breathing room in finding that healthcare providers cannot enforce out-of-network billing dispute resolution awards in court, sponsors should not assume that declining to pay awards will go unaddressed by regulators, say attorneys at Thompson Hine.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

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    California's financial regulators spent the third quarter of 2026 focusing on consumer protection enforcement at home while resisting federal efforts to displace state oversight — reinforcing the state's intention to shape the compliance landscape for institutions operating within its borders despite federal deregulatory trends, say attorneys at Ropes & Gray.

  • DOJ's Unusual Warning Puts Protests In FARA Crosshairs

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    The U.S. Department of Justice’s recent atypical press release about Foreign Agents Registration Act liability may signal greater scrutiny of public demonstrations and foreign-directed advocacy — but it does not change the statutory requirements for companies and individuals, say attorneys at Pillsbury.

  • Zillow-Redfin Settlement Spotlights Nontraditional-Deal Risk

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    The Federal Trade Commission's recent settlement with Zillow and Redfin serves as a reminder that authorities are increasingly interested in challenging nontraditional transaction structures that effectively eliminate a market participant, which includes some exclusivity arrangements, say attorneys at Freshfields.

  • How AI Is Reshaping The Structure Of Crypto Venture Deals

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    As founders at the intersection of crypto and artificial intelligence increasingly face capital-raising quandaries, parties structuring crypto venture deals should weigh how equity, token and hybrid financings allocate value to avoid tricky contractual governance and fiduciary law questions down the line, say attorneys at Cahill Gordon.

  • How States May Enter The Shareholder Proposal Landscape

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    Rescission of the U.S. Securities and Exchange Commission's shareholder proposal rule doesn't herald the end of shareholder activism, but it allows state legislatures to play a central role in determining the future of shareholder proposals, with that uncertainty creating new opportunities for both issuers and activists, say attorneys at Thompson Coburn.

  • Cos. Must Prep For Changes To Calif. Battery Recycling Law

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    With important changes to California's Responsible Battery Recycling Act taking effect in January, manufacturers and retailers should review updated format and product definitions and exclusions, determine their new responsibilities, and be prepared to submit new stewardship plans in advance of the deadline, says Thierry Montoya at FBT Gibbons.

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