Compliance

  • July 23, 2026

    Orrick Adds Financial Services Partner From Cooley In DC

    Orrick Herrington & Sutcliffe LLP has hired a former Cooley LLP partner with years of experience advising clients like emerging financial institutions, retailers and others on financial services regulations, the firm announced Thursday.

  • July 23, 2026

    Mass. Finance Co. Owner To Cop To $11M Ponzi Scheme

    The owner of a small finance company in western Massachusetts will plead guilty to running what the government says was an $11 million Ponzi scheme that defrauded more than 200 investors, the U.S. attorney's office said.

  • July 23, 2026

    $1.26M Cannabis Retail Dispute Headed To Mediation

    The cannabis companies behind the Stiiizy brand have agreed to take into mediation a $1.26 million dispute with a San Diego-based retailer, with a Los Angeles County judge ordering a pause in the pending litigation.

  • July 23, 2026

    Google Fined €890M By EU For Restricting Competition

    The European Union fined Google owner Alphabet Inc. a total of €890 million ($1.04 billion) on Thursday after finding that the U.S. technology giant unfairly favored its own services in search results and restricted app developers from directing users to cheaper options.

  • July 22, 2026

    SpaceX May Not Escape Shareholder Suits' Orbit So Easily

    SpaceX's recent blockbuster initial public offering includes a novel and untested framework to steer shareholder disputes to Texas' Business Court and arbitration while prohibiting investor class actions, in a move attorneys said will certainly be challenged in court and could lead to the company facing an impractical number of arbitration proceedings.

  • July 22, 2026

    OpenAI Says AI Agent Hacked Startup Platform During Testing

    OpenAI disclosed "an unprecedented cyber incident" that occurred when two of its artificial intelligence models broke out of their testing environment and accessed the servers of Hugging Face, a third-party AI and machine learning startup that operates an open-source platform for developers and others to share models and datasets.

  • July 22, 2026

    House Republicans Urge Fed To Speed Up Bank M&A Reviews

    Republicans on the House Financial Services Committee are calling on the Federal Reserve to explore what else can be done to speed up its bank merger reviews, urging it to look into clearing long-delayed applications and allowing more approvals without a board vote.

  • July 22, 2026

    Ex-DHL Workers Ask Court To Keep Discrimination Suit Intact

    Two former DHL Supply Chain employees have urged a Texas federal judge to preserve their lawsuit alleging the company has a pervasive culture of racial discrimination against Black workers, saying summary judgment in favor of the company would be improper.

  • July 22, 2026

    SEC To Pay Coinbase's Atty Fees In FOIA Suit Settlement

    The U.S. Securities and Exchange Commission said Wednesday that it will pay $150,000 in attorney fees and share its document retention policies to resolve a Coinbase-backed lawsuit seeking internal documents surrounding closed crypto investigations.

  • July 22, 2026

    Google Settles With Ex-Director Who Won Gender Bias Verdict

    Google and a woman former engineering director who accused the company of discriminating against her because of her gender have reached a settlement, the parties told a New York federal judge Wednesday, months after the judge declined to throw out a jury's verdict in the woman's favor.

  • July 22, 2026

    SEC's Peirce Says Crypto Vaults May Trigger Securities Laws

    The U.S. Securities and Exchange Commission's Hester Peirce said Wednesday that cryptocurrency assets and activities including some vaults and lending may implicate securities laws, urging firms to "work with us to find a compliant path forward so that you can use new technology to serve investors without running afoul of the federal securities laws."

  • July 22, 2026

    Cambia Health Hit With FCA Suit Over Medicare Fraud Claims

    Cambia Health Solutions Inc. stole millions of dollars from the federal Centers for Medicare & Medicaid Services over more than a decade by submitting fraudulent diagnostic information to the government, according to a whistleblower's False Claims Act lawsuit unsealed by a Seattle federal judge this week.

  • July 22, 2026

    Sen. Warren Urges Watchdog Probe Of CFTC Staff Cuts

    U.S. Sen. Elizabeth Warren, D-Mass., on Wednesday urged the Government Accountability Office to investigate the impact of staffing cuts at the Commodity Futures Trading Commission, saying the reductions come as the CFTC faces increased responsibilities in overseeing prediction markets and implementing cryptocurrency market legislation.

  • July 22, 2026

    GOP Sens. Unveil Crypto Bill With New Gov't Ethics Provision

    U.S. Senate Republicans released an updated draft of a bill to regulate digital asset markets Wednesday that includes an ethics provision limiting President Donald Trump's and other officials' involvement with crypto, but a coalition of Democrats said the text "falls short" on several issues.

  • July 22, 2026

    Senior SEC Enforcer To Exit Agency After 16-Year Career

    A former acting enforcement head at the U.S. Securities and Exchange Commission will depart at the end of July after a 16-year career with the agency.

  • July 22, 2026

    EPA 'Defying' Order Reviving $2.8B Grant Program, Judge Says

    A South Carolina federal judge Wednesday told the U.S. Environmental Protection Agency it must comply with the court's prior order and continue administering a $2.8 billion environmental and climate justice grant funding program that was authorized by Congress in 2022.

  • July 22, 2026

    Mamdani Taps Lina Khan, McKinsey Partner For EDC Roles

    New York City Mayor Zohran Mamdani on Wednesday named former Federal Trade Commission Chair Lina Khan board chair of the ​New York City Economic Development Corp. and Anthony E. Shorris, a partner at consulting giant McKinsey & Co., as its president.

  • July 22, 2026

    NY Stablecoin Rule Update Advances Amid Genius Act Rollout

    New York's Department of Financial Services moved Wednesday to formally propose rules that would align its existing stablecoin oversight framework with federal standards, advancing a fresh draft following a so-called preproposal version released last month.

  • July 22, 2026

    States Seek Win Over Trump Admin In DEI Contracts Dispute

    Nineteen states and the District of Columbia are urging a Maryland federal judge to vacate federal agencies' implementation of President Donald Trump's executive order requiring government contractors to agree that they won't engage in "racially discriminatory" diversity, equity and inclusion activities.

  • July 22, 2026

    Wash. AG Settles Rent Hike Suit Against Trinity

    The Washington Attorney General's Office has settled its state court suit against landlord Trinity Property Consultants LLC, which it had accused of violating the state's Residential Landlord-Tenant Act with illegal rent hikes.

  • July 22, 2026

    Nexstar Execs On Tegna Board Violates Injunction, Judge Told

    DirecTV and a coalition of states told a California federal court on Wednesday that Nexstar Media Group has taken over Tegna's board of directors, despite a preliminary injunction preventing the broadcasting companies from fully integrating.

  • July 22, 2026

    Huawei Loses Bid To Block Laptop Evidence In NY RICO Case

    A New York federal judge has refused to grant a motion to suppress four laptops and two recordings involving Huawei employees that the government obtained during its lengthy investigation of the Chinese telecommunications company.

  • July 22, 2026

    FCC Overhauls 'Nutrition' Labels For Broadband Services

    Consumers can expect to soon see a change in broadband "nutrition" labels detailing the metrics of high-speed services after the Federal Communications Commission voted to overhaul the labeling rules Wednesday.

  • July 22, 2026

    Exxon Convinces 5th Circ. To Scrap OSHA Mental Illness Reg

    The Fifth Circuit nixed an Occupational Safety and Health Administration rule requiring employers to keep track of employees' work-related mental illnesses, concluding that Congress didn't give the agency authority to regulate mental health in the workplace.

  • July 22, 2026

    3rd Circ. Revives Princeton Student's Sex Bias Discipline Suit

    The Third Circuit has revived a Princeton University student's suit challenging the university's decision to suspend him for two years after a Title IX investigation into allegations that he choked two female students, ruling that he was able to plausibly allege that gender motivated Princeton's decision.

Expert Analysis

  • A Potential Turning Point For Short-And-Distort Claims

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    A California federal jury's conviction of Andrew Left signals that the historically blurry line between securities fraud and legitimate criticism of companies is growing clearer, and that there is a viable recourse against so-called short-and-distort campaigns intended to create a false impression of the market, say attorneys at Baker McKenzie.

  • How Montgomery Ruling Will Affect Cos. Across Supply Chain

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    Since the U.S. Supreme Court's May 14 decision in Montgomery v. Caribe Transport II, the immediate focus has been on freight brokers and negligent carrier-selection claims, but the ripple effects may extend to shippers, logistics providers, insurers, transportation managers and other participants in the supply chain, say attorneys at Quintairos Prieto.

  • Lessons From EEOC Suit Over Coca-Cola Women-Only Event

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    The U.S. Equal Employment Opportunity Commission's recent lawsuit alleging that Coca-Cola Northeast violated federal law by having a professional development retreat for female employees demonstrates that the EEOC is scrutinizing DEI-related practices with unprecedented intensity, so even the most well-intentioned programs may be challenged, say attorneys at Venable.

  • High Court's FCC Fine Ruling Reframes Agency Enforcement

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    The U.S. Supreme Court's recent decision in Federal Communications Commission v. AT&T sweeps aside uncertainty about what kinds of regulatory enforcement trigger a Seventh Amendment right, say attorneys at Squire Patton.

  • Wound Care Industry Should Expect Data-Driven Scrutiny

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    The U.S. Department of Justice's recent update on its healthcare fraud takedown efforts indicates that the wound care space is under particularly high scrutiny, with the government increasingly utilizing data analytics to find cases, say attorneys at Bass Berry.

  • Legal Risks Of Using AI To Screen Psychedelic Trial Patients

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    Though using artificial intelligence to preemptively identify drug trial participants likely to experience placebo effects could produce clearer research results, sponsors will need to be ready for the new legal questions these methods raise about informed consent, accountability for algorithmically derived criteria, and potential bias in data training sets, says Kimberly Chew at Husch Blackwell.

  • How 6th Circ. Tightened NLRB Injunction Standard

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    The Sixth Circuit's recent ruling in Kerwin v. Trinity Health Grand Haven Hospital, dissolving a Section 10(j) injunction obtained by the National Labor Relations Board against an employer that refused to bargain, will make it harder for the NLRB to obtain injunctions while prosecuting unfair labor practice proceedings, say attorneys at Bass Berry.

  • After Durnell, Connecting Science And Causation Will Be Key

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    The U.S. Supreme Court's June 25 decision in Monsanto v. Durnell narrowed label-based failure-to-warn claims — meaning that going forward, viable theories will depend even more on whether experts can reliably connect scientific evidence to the causal proposition the law requires, says Alex Smolak at Weill Cornell Medicine-Qatar.

  • Trump EOs Pair Quantum Push With Cyber Defense Overhaul

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    Two recent executive orders that mark a significant federal commitment to both advancing and defending against quantum technology create potential opportunities for companies in the quantum, AI and technology sectors and pose future compliance obligations contractors should begin considering now, say attorneys at King & Spalding.

  • CFTC Policy Substantially Expands Self-Reporting Incentives

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    A recent U.S. Commodity Futures Trading Commission policy moves from a mitigation-centered model to prioritizing declination for early self-reporting and full cooperation, reflecting a deliberate effort to harmonize voluntary self-disclosure incentives across the federal enforcement authorities, say attorneys at Sullivan & Cromwell.

  • Opinion

    Exxon Shareholders Were Right To Save New Voting Program

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    Following Exxon shareholders’ recent vote that rejected a bid to dismantle the company’s new retail voting program, other companies should replicate it as a way to lower the friction for shareholders who already vote with the board to keep doing so without wrestling a ballot every spring, says J.W. Verret at the Antonin Scalia Law School.

  • Series

    Choral Singing Makes Me A Better Lawyer

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    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • What Ratings Overhaul May Mean For Banking Industry

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    Proposed revisions to the bank rating system commonly known as CAMELS could constrain examiner discretion and tie supervisory outcomes more closely to measurable financial risk, potentially saving compliance costs, reducing the frequency of ratings downgrades and spurring a more growth-oriented banking system, say attorneys at Debevoise.

  • Series

    Illinois Banking Brief: All The Notable Legal Updates In Q2

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    The last three months were particularly consequential for Illinois banking law, with a federal court ruling reshaping the Interchange Fee Prohibition Act, the state filling enforcement gaps, significant legislative activity and a revision to the community bank leverage ratio, say attorneys at Riley Safer.

  • Attorney Mental Health Is An Ethical Obligation In The AI Era

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    As attorneys cope with the increasing unpredictability that artificial intelligence and constant policy changes have created, particularly in practice areas where they carry the emotional weight of clients’ most consequential life events, otherwise soft discussions about self-care are a matter of professional competence, says attorney Jack Jrada.

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