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Compliance
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November 18, 2025
Pillsbury Winthrop Latest Firm Targeted By Data Breach Suit
Pillsbury Winthrop Shaw Pittman LLP on Tuesday was hit with a proposed class action stemming from a data breach the firm says happened in April, adding to the growing litigation firms are facing in the aftermath of cyberattacks.
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November 18, 2025
Sick With Cancer, Jack Abramoff Avoids Jail In Crypto Fraud
Disgraced Washington, D.C., lobbyist Jack Abramoff avoided a second stint in prison when a California federal judge sentenced him Tuesday to probation for his role in a cryptocurrency fraud, citing his cooperation with law enforcement and his stage-four cancer.
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November 18, 2025
Health Co. Execs Convicted In $100M Adderall Sales Scheme
A San Francisco federal jury weighing a first-of-its-kind case on Tuesday convicted two digital healthcare company executives of scheming to sell Adderall through deceptive advertising, allegedly bringing in $100 million in illicit profits.
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November 18, 2025
Ex-FDA Chief Accuses J&J Of Hiding Talc Risks For 50 Years
A former head of the U.S. Food and Drug Administration spent a contentious day under cross-examination Tuesday in a Los Angeles bellwether trial over claims that Johnson & Johnson's talc products caused two women's ovarian cancer, accusing the company of hiding the products' health risks for over 50 years.
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November 18, 2025
Buyers Ask To Add 'Hawk Tuah' Influencer To Token Suit
Buyers of the "Hawk Tuah" themed-meme coin want to expand their securities suit with new claims and defendants, including naming the social media star behind the viral phrase, Haliey Welch, as well as her managers.
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November 18, 2025
Feds Grill NY Gov. Aide's Mom In Pursuit Of FARA Money Trail
Federal prosecutors on Tuesday turned their focus to tracing the proceeds from a purported scheme by a former top New York state government staffer to secretly further the interests of the People's Republic of China, calling the defendant's own mother to the stand over a bank account alleged to have been used to move criminal funds.
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November 18, 2025
Crypto Scammer Admits Role In $263M RICO Conspiracy
An eighth defendant has pled guilty to participating in a scam ring accused of stealing at least $263 million in cryptocurrency from victims across the U.S. to spend on high-priced goods, prosecutors said Tuesday.
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November 18, 2025
Fed Pushes To Shift Oversight Focus In Examiner Guidance
The Federal Reserve shared new internal guidance Tuesday that directs its examiners to concentrate on material financial risks to banks and not get "distracted" by process concerns, deepening a policy shift that is drawing sharp rebuke from Fed Gov. Michael Barr.
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November 18, 2025
CFPB's Gradler Takes Deputy Post Amid Agency Uncertainty
Geof Gradler, a former industry lobbyist who recently joined the Consumer Financial Protection Bureau's front office, said that he is taking over as the agency's deputy director, a job that positions him as a potential successor to acting director Russell Vought.
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November 18, 2025
Ex-PetIQ Exec Cops To Insider Trading Ahead Of Acquisition
A former executive for Idaho-based PetIQ has pled guilty to insider trading after using another person's brokerage account to purchase stock in his company ahead of its planned acquisition in 2024, court filings show.
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November 18, 2025
9th Circ. Halts 1 Of 2 Calif. Corporate Climate Disclosure Laws
The Ninth Circuit on Tuesday blocked a new California law requiring large companies to publicly disclose financial risks tied to climate change, barring enforcement as an appeal by the U.S. Chamber of Commerce and other business groups challenging the policy unfolds in federal appellate court.
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November 18, 2025
NTSB Flags Vessel's Loose Wire In Key Bridge Collapse Probe
A single loose wire triggered a power failure aboard the container carrier that slammed into Baltimore's Francis Scott Key Bridge last year, and the absence of an effective warning system didn't give construction workers enough time to clear the collapsing bridge, the National Transportation Safety Board determined Tuesday.
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November 18, 2025
Judge Says Texas, Toronto Exchange Logos Seem Dissimilar
A Texas federal judge expressed skepticism that the Toronto Stock Exchange has much of a leg to stand on in its attempt to get the Texas Stock Exchange to change its logo, saying during a hearing Tuesday that the logos look dissimilar enough for most people to tell the difference.
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November 18, 2025
Colo. High Court Weighs Test For Political Donor Disclosures
Colorado Supreme Court justices pushed attorneys Tuesday on how the court should measure a political organization's spending and efforts on ballot measures in determining whether a conservative political group fined for not disclosing donors after spending millions on state ballot questions in Colorado's 2020 election qualifies as an "issue committee" that must disclose its donors.
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November 18, 2025
Trump Admin May Be Overpromising WOTUS Clarity
The Trump administration says its proposal to shrink the Clean Water Act's reach would reduce regulatory burdens and provide clarity to farmers, homebuilders and other businesses, but it could face court challenges and potential reworking by future administrations.
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November 18, 2025
FDIC Says Capital One Is 'Turning Back Time' With Fee Fight
The Federal Deposit Insurance Corp. has accused Capital One of trying to "turn back time" by retroactively distributing $56 billion and claiming it was erroneously included in the FDIC's fee calculations, in order to dodge roughly $99 million in special assessments tied to the 2023 regional bank crisis.
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November 18, 2025
Plaintiffs Seek Meta Research Docs On Youth Users
Plaintiffs urged a Los Angeles judge to compel Meta to produce unredacted internal documents that they say show its attorneys changed company research about the effects of social media on the young, citing a recent order by a Washington, D.C., judge in related litigation.
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November 18, 2025
Groups Seek More Time To Comment On SEC's RMBS Plan
The Securities Industry and Financial Markets Association is among those calling for the U.S. Securities and Exchange Commission to grant more time to provide feedback on a plan that could change how the agency regulates residential mortgage-backed securities, citing the recent government shutdown as a reason for extending the deadline.
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November 18, 2025
Feds Say Hi-Tech 'Trampled' Trust At Close Of Fraud Trial
Federal prosecutors closed out a nearly monthlong fraud trial against Hi-Tech Pharmaceuticals and its longtime CEO by telling a Georgia jury Tuesday that they "proudly" stood by what defense attorneys for the supplement manufacturer and distributor previously derided as a "paper case."
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November 18, 2025
OCC Clears Banks To Hold Crypto For Blockchain Fees
Banks may hold digital assets required to pay crypto transaction fees and test new crypto platforms, the Office of the Comptroller of the Currency confirmed in a Tuesday interpretive letter.
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November 18, 2025
CVS Pays $18.2M To Settle False Claims Act Allegations
CVS Pharmacy Inc. paid the federal government and California a total of $18.2 million to settle allegations it submitted claims for medication reimbursements without verifying that the medications would be for approved diagnoses, the U.S. Department of Justice has announced.
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November 18, 2025
Cognizant Accused Of Retaliation Over Ex-Worker's Claims
A former employee of Cognizant Technology Solutions US Corp. claimed in Colorado state court Monday that the company retaliated against him for reporting a "make good" arrangement the company had with a client that he described as potentially illegal.
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November 18, 2025
States Can Intervene Over DOJ's HPE Merger Deal
A California federal court granted a request on Tuesday from state enforcers asking to participate in a review of the U.S. Department of Justice's controversial settlement allowing Hewlett Packard Enterprise to move ahead with its $14 billion purchase of Juniper Networks.
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November 18, 2025
Senate Dem Slams FCC's Carr Over Cybersecurity Plan
A top Senate Democrat on telecom issues blasted Brendan Carr, head of the Federal Communications Commission, on Tuesday for seeking to roll back an FCC cybersecurity ruling issued late in the Biden administration responding to the Salt Typhoon cyberattack.
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November 18, 2025
NY Judge Orders More Expert Briefing In Tribe's RICO Suit
A New York federal judge has ordered the Cayuga Nation and defendants in a racketeering suit to submit additional briefing over the Nation's experts in a suit alleging that the defendants conspired to deprive the Nation of funds through an unlicensed tobacco outlet.
Expert Analysis
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Organ Transplant System Reforms Mark Regulatory Overhaul
Recent oversight, enforcement and operational developments in the U.S. organ procurement and transplantation system, alongside challenges like the federal shutdown, highlight heightened regulatory scrutiny and the need for compliance to maintain public trust, say attorneys at Hall Render.
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Federal Grantees May Soon Face More Limitations On Speech
If courts accept the administration’s new interpretation of preexisting case law, which attempts to graft onto grant recipients the existing limitations on government contractors' free speech, a more deferential standard may soon apply in determining whether an agency’s refusal or termination of a grant was in violation of the First Amendment, say attorneys at Venable.
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Strategies For Merchants As Payment Processing Costs Rise
As current economic pressures and rising card processing costs threaten to decrease margins for businesses, retail merchants should consider restructuring how payments are made and who processes them within the evolving legal framework, says Tom Witherspoon at Stinson.
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7 Areas To Watch As FTC Ends Push For A Noncompete Ban
As the government ends its push for a nationwide noncompete ban, employers who do not want to be caught without protections for legitimate business interests should explore supplementing their noncompetes by deploying elements of seven practical, enforceable tools, including nondisclosure agreements and garden leave strategies, say attorneys at Seyfarth.
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Shifting Crypto Landscape Complicates Tornado Cash Verdict
Amid shifts in the decentralized finance regulatory landscape, the mixed verdict in the prosecution of Tornado Cash’s founder may represent the high-water mark in a cryptocurrency enforcement strategy from which the U.S. Department of Justice has begun to retreat, say attorneys at Venable.
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Opinion
NYC Landlords Should Fight Unlawful Occupancy With 2 Laws
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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Blockchain May Offer The Investor Protection SEC Seeks
As the U.S. Securities and Exchange Commission moves to control the ballooning costs of the consolidated audit trail and attempts to finally give regulators a unified, real-time picture of trading, blockchain demonstrates what it looks like when that kind of transparency is a baseline feature, not an aspirational overlay, says Tuongvy Le at Veda Tech Labs.
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Del. Dispatch: Chancery Expands On Caremark Red Flags
The Delaware Court of Chancery’s recent Brewer v. Turner decision, allowing a shareholder derivative suit against the board of Regions Bank to proceed, takes a more expansive view as to what constitutes red flags, bad faith and corporate trauma in Caremark claims, say attorneys at Fried Frank.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Prepping For Website Automatic Opt-Out Signal Mandates
Maryland's Online Data Privacy Act, which, along with a growing number of U.S. states, requires businesses to offer mechanisms in their privacy policies or online interfaces to allow individuals to opt out of data collection, marks a new frontier in consumer privacy, raising both technical and legal risks, say attorneys at Baker Donelson.
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Tips For Cos. Crafting Enforceable Online Arbitration Clauses
Recent rulings from the Ninth Circuit and the U.S. District Court for the Southern District of California indicate that courts are carefully examining the enforceability of online arbitration clauses, so businesses should review the design of their websites and consider specific language next to the "purchase" button, say attorneys at DTO Law.
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Who Will Regulate Insider Trading In Prediction Markets?
The possibilities for insider trading have greatly expanded in the brave new world of prediction markets, and both the U.S. Commodity Futures Trading Commission and U.S. Department of Justice could bring enforcement actions in the space, so businesses should revisit their insider trading and confidential information policies, say attorneys at Fenwick.
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Opinion
Crypto Bills' Narrow Scope Guarantees Continued Uncertainty
The Digital Asset Market Clarity Act and Responsible Financial Innovation Act aim to make the $4 trillion crypto market more transparent and less susceptible to fraud, but their focus on digital assets sold in investment contract transactions promises continued uncertainty for the industry, says Joe Hall at Davis Polk.
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Rules Of Origin Revamp May Be Next Big Trade Development
The rules of origin for determining what tariff applies to any given import appear to be on the cusp of an important rethink, and it seems likely that the administration will try to align the rule with its overall tariff strategy in one of three ways, says Ted Posner at Baker Botts.