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Compliance
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October 29, 2025
CFPB's Biden-Era Open Banking Rule Put On Hold
A Kentucky federal judge on Wednesday barred the Consumer Financial Protection Bureau from enforcing its open banking rule until the regulator completes its reconsideration of the controversial data-sharing mandate.
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October 29, 2025
DOJ Says State AGs Can't 'Second-Guess' HPE Merger Deal
The U.S. Department of Justice and Hewlett Packard Enterprise separately urged a California federal judge Tuesday not to let a dozen state attorneys general peek behind the controversial settlement clearing HPE's $14 billion purchase of Juniper Networks, arguing public comment, not direct intervention, is their appropriate role.
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October 29, 2025
FINRA Incorporates AI Into Surveillance, Risk Reviews
The Financial Industry Regulatory Authority has made extensive use of artificial intelligence internally, including for market surveillance and conducting firm risk reviews, the regulator's top executive said Wednesday.
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October 29, 2025
TransUnion Sued By Trafficking Victim Over Credit Reports
An anonymous Georgia resident filed a lawsuit against TransUnion LLC on Wednesday, alleging the credit reporting agency violated the Fair Credit Reporting Act by failing to block and remove negative credit information tied to human trafficking.
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October 29, 2025
NYC Sued Over 'Voyeuristic' Police Surveillance System
A Brooklyn couple has filed a federal lawsuit alleging New York City uses a "voyeuristic" police surveillance system on all visitors and residents, which includes two police cameras that are aimed at the couple's bedroom and living room windows.
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October 29, 2025
Del. Justices Mull Call To Revive Amazon-Blue Origin Suit
An Amazon.com stockholder attorney told Delaware's justices on Wednesday that the company's board "failed to do a thing" as founder Jeff Bezos convinced directors to pump billions into the Blue Origin space launch business with purportedly scant oversight, looking to salvage a Court of Chancery derivative suit dismissed in January.
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October 29, 2025
2nd Circ. Says Visa Denials Are Shielded From Court Review
The Second Circuit on Wednesday refused to revive claims from two U.S. citizens over the State Department's denial of visas for their relatives in China, holding that a New York federal judge correctly held that the visa denials are insulated from judicial review.
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October 29, 2025
Wells Fargo Says Ex-Executive's Whistleblower Suit Fails
Wells Fargo on Wednesday asked an Illinois federal judge to dismiss a suit from a former high-ranking testing and validation executive who said she was ultimately terminated for flagging reporting inaccuracies, arguing the plaintiff did not correctly report the alleged activity and failed to state a claim.
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October 29, 2025
NCAA Delays Start Date For College Athlete Betting
The change in NCAA rules allowing college athletes to bet on pro sports will now take effect Nov. 22 instead of Nov. 1, after the organization voted to delay the move it approved three weeks earlier.
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October 29, 2025
Convicted Ex-Conn. Official Flags Juror's Comment To Media
A former Connecticut schools construction official asked a federal judge to hold a hearing to determine if jurors were candid about their exposure to press coverage of his corruption case, saying Wednesday that the forewoman's post-conviction comment to the media "raises serious questions."
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October 29, 2025
Black Exec Says IBM Fired Her Following Gov't DEI Pressure
IBM fired a Black executive out of racial bias in part of a broader scheme to expel Black employees from its workforce to appease President Donald Trump's distaste for diversity, equity and inclusion efforts among private contractors, the former executive told a Maryland federal court Wednesday.
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October 29, 2025
NC Justices Block Du Pont PFAS Suit On Eve Of Hearing
The Republican majority of North Carolina's highest court on Wednesday issued a stay pausing the state's suit against E.I. Du Pont de Nemours and Co., The Chemours Co. and others over alleged forever chemical contamination the day before the Business Court was set to hold a hearing on summary judgment in the case.
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October 29, 2025
Tax Atty Group Backs Fund Manager's $1.9M Refund Bid
A tax attorneys professional association told the Eleventh Circuit that a Florida district court improperly blocked a fund manager and his wife's appeal to receive a $1.9 million tax refund under a rule that bars taxpayers from making new claims in federal court.
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October 29, 2025
FCC Looks To Reverse Dems' Telecom Cybersecurity Ruling
The Federal Communications Commission plans to vote next month on whether to reverse a ruling made late in the Biden administration that added a host of new cybersecurity requirements on telecoms in the wake of the Salt Typhoon cyberattack.
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October 29, 2025
Google, Epic Can't Delay Play Store Injunction Any Longer
A California federal judge has refused to push back Wednesday's deadline for Google to begin complying with a three-year injunction requiring it to open up its Play Store to competition, denying the Google and Epic Games' joint rescheduling request following the U.S. Supreme Court's recent denial of Google's bid to stay the injunction.
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October 29, 2025
Cruz Claims Calif. Lifeline Undermines Fed. Immigration Law
Sen. Ted Cruz is upset about a California law that would extend the Lifeline subsidy benefits to all low-income households, including those "not lawfully present in the United States," and has written to both the attorney general and the head of the FCC about his concerns.
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October 29, 2025
3 Pharmaceutical Firms Will Pay $4M To Tribes In Opioid MDL
Indivior, Sun Pharmaceuticals and Zydus Pharmaceuticals have inked deals to compensate tribes for their role in the opioid crisis, according to stipulated dismissals entered on Wednesday in Ohio federal court.
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October 29, 2025
Fla. Couple Sues GM, Alleging Defective Ultium EV Chargers
A Florida couple filed a proposed class action on Tuesday accusing General Motors of selling defective electric-vehicle home chargers that often trip breakers, fail to charge the cars, overheat and set off car alarms.
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October 29, 2025
FCC To Vote On Opening More C-Band For Wireless Use
The Federal Communications Commission will soon vote on advancing a plan to auction up to 180 megahertz of prime midband spectrum for advanced wireless use, after Congress cleared a path this year to revamp the upper C-band.
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October 29, 2025
Copper Lines Must Stay Due To Wireless Radiation, FCC Told
A group of people who claim they were injured by electromagnetic radiation are warning the Federal Communications Commission not to move forward with a plan to retire copper lines in phone networks, saying to do so would "endanger the lives of Americans".
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October 29, 2025
Brothers Found Guilty Of $100M HIV Drug Fraud
A Florida federal jury on Wednesday convicted two Maryland brothers accused of conspiring to distribute about $100 million worth of misbranded HIV drugs, finding them guilty of fraud charges related to selling the medication with fake tracing documents.
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October 29, 2025
Green Group Says EPA Posts Misleading PFAS Information
Public Employees for Environmental Responsibility on Wednesday said the U.S. Environmental Protection Agency is misleading the public about the risks of exposure to forever chemicals, and is demanding the EPA correct information on its website.
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October 29, 2025
Dems Spotlight Risks Of Crypto, Private Equity In 401(k) Plans
The Trump administration's support for cryptocurrency and other private market investments in American retirement plans is "dangerous," a group of Democratic senators told two agencies tasked with carrying out an executive order that aims to make it easier for retirement plans to feature such assets.
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October 29, 2025
Tesla Urges Del. Justices To Cut $176M Atty Fee In Options Suit
Warning of a "shaking of public confidence," a Tesla Inc. attorney on Wednesday asked Delaware's Supreme Court to cut a $176.2 million class attorney fee award to $40 million in a case that saw Delaware's chancellor cancel $730 million in the electric car company's director stock options.
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October 29, 2025
Sens. Introduce Bill To Block AI Chatbots From Minors
A bipartisan group of senators has introduced a bill that would regulate the use of artificial intelligence chatbots and companions by minors, levying fines of up to $100,000 against companies that violate the bill's terms.
Expert Analysis
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How Financial Cos. Can Prep As NYDFS Cyber Changes Loom
Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.
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Shutdown May Stall Hearings, But Gov't Probes Quietly Go On
Thanks to staff assurances under the Government Employee Fair Treatment Act, the core work of congressional investigations continues during the shutdown that began Oct. 1 — and so does the investigative work that is performed behind closed doors on Capitol Hill, say attorneys at Jenner & Block.
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Opinion
Ending Quarterly Reporting Would Erode Investor Protection
President Donald Trump recently called for an end to the long-standing practice of corporate quarterly reporting, but doing so would reduce transparency, create information asymmetries, provide more opportunities for corporate fraud and risk increased stock price volatility, while not meaningfully increasing long-term investments, say attorneys at Bleichmar Fonti.
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Series
Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
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Strategies For Defending Banks In Elder Abuse Cases
Several recent cases demonstrate that banks have plenty of tools to defend against claims they were complicit in financial abuse of older adults, but financial institutions should also continue to educate customers about third-party scams before they happen, say attorneys at Troutman.
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AG Watch: Va. Race Spotlights Consumer Protection Priorities
Ahead of the state's attorney general election, Virginia companies should assess how either candidate's approach could affect their compliance posture, with incumbent Jason Miyares promising a business-friendly atmosphere that prioritizes public safety and challenger Jay Jones pledging to focus on economic justice and corporate accountability, says Chuck Slemp at Cozen O’Connor.
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A Look At Project Crypto's Plans For Digital Asset Regulation
U.S. Securities and Exchange Commission Chairman Paul Atkins' recent announcement of Project Crypto, an agencywide initiative to modernize federal securities regulations, signals a significant shift toward a more flexible regulatory framework that would shape the future of the U.S. digital asset market, say attorneys at WilmerHale.
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Breaking Down The Intersection Of Right-Of-Publicity Law, AI
Jillian Taylor at Blank Rome examines how existing right-of-publicity law governs artificial intelligence-generated voice-overs, deepfakes and deadbots; highlights a recent New York federal court ruling involving AI-generated voice clones; and offers practical guardrails for using AI without violating the right of publicity.
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Series
Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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H-2A Rule Rollback Sheds Light On 2 Policy Litigation Issues
The Trump administration’s recent refusal to defend an immigration regulation implemented by the Biden administration highlights a questionable process that both parties have used to bypass the Administrative Procedure Act’s rulemaking process, and points toward the next step in the fight over universal injunctions, says Mark Stevens at Clark Hill.
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NY AML Rules Get Crypto Rebrand: What It Means For Banks
A recent letter from the New York State Department of Financial Services outlining how banks can use blockchain analytics in anti-money laundering efforts is a reminder that crypto activity is not exempted from banks' role in keeping the financial system safe, says Katherine Lemire at Lankler Siffert.
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What's At Stake At High Court For Presidential Removal Power
Two pending U.S. Supreme Court cases —Trump v. Slaughter and Trump v. Cook — raise fundamental questions about the constitutional separation of powers, threaten the 90-year-old precedent of Humphrey's Executor v. U.S. and will determine the president's authority to control independent federal agencies, says Kolya Glick at Arnold & Porter.
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Using The GHG Protocol For California Climate Reporting
With the California Air Resources Board's recent announcement that entities subject to the state's climate disclosure laws can use the Greenhouse Gas Protocol as a standard for structured, auditable reporting, a review of methods, data sources and disclosures under the protocol is timely for compliance planning, says Thierry Montoya at Frost Brown.
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Employer Considerations As Ill. Ends Mandatory Fact-Finding
Illinois recently eliminated mandatory fact-finding conferences, and while such meetings tend to benefit complainants, respondent employers should not dismiss them out of hand without conducting a thorough analysis of the risks and benefits, which will vary from case to case, says Kimberly Ross at FordHarrison.
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3 Trends From AI-Related Securities Class Action Dismissals
A review of recently dismissed securities class actions centering on artificial intelligence highlights courts' scrutiny of statements about AI's capabilities and independence, and sustained focus on issues that aren't AI-specific, say attorneys at Alston & Bird.