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Compliance
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January 29, 2026
Former First Brands Execs Indicted On Fraud Charges
Patrick James, the founder of bankrupt auto parts maker First Brands Group, and his brother Edward James were indicted by federal prosecutors in New York, who accused the pair of inflating invoices, double pledging collateral and concealing liabilities from lenders.
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January 29, 2026
Calif. City Settles Tenants' Wildfire Contamination Claims
The California city of Pasadena has agreed to settle claims filed by local residents who alleged in California state court that the city failed to conduct "adequate inspections" for homes that were contaminated with "toxic smoke, ash and soot" caused by the Eaton wildfires that occurred in January 2025.
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January 29, 2026
BREAKING: Mass. AG Sues 9 Towns To Enforce Housing Law
The Massachusetts attorney general on Thursday sued nine towns that have not complied with a controversial state housing initiative requiring them to allow multifamily housing in at least a portion of their communities.
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January 29, 2026
Utah House Bill Would Require Tax Hike Notice, Set Limits
Utah would require taxing entities to provide notice of their intent to levy a property tax rate above a statutorily defined base rate and impose limits on property tax increases under a bill introduced in the state House of Representatives.
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January 28, 2026
Powell Says Cook Case May Be 'Most Important' In Fed History
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's U.S. Supreme Court bid to oust Fed Gov. Lisa Cook represents "perhaps the most important" case in the history of the central bank, defending his move to attend the high court's recent hearing on the matter.
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January 28, 2026
USPTO Seeks 'Serious Sanctions' For Chinese Co.'s 19K Apps
The U.S. Patent and Trademark Office says the "most serious sanctions" are warranted against a China-based company for filing more than 19,000 trademark submissions using names of U.S.-licensed attorneys who did not review the applications, saying submissions were at times filed in 3-minute intervals "or less."
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January 28, 2026
Ex-Google Engineer's Trade Secret Theft Case Goes To Jury
Software engineer Linwei Ding "stole, cheated and lied" when he worked at Google LLC, taking its artificial intelligence trade secrets to help himself and China, a California federal prosecutor told jurors Tuesday, urging them to convict him of economic espionage and trade secret theft.
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January 28, 2026
Northern Trust VP Stole Millions From Elderly Client, Suits Say
An elderly banking heiress and her nephew have sued the Northern Trust Co., alleging the wealth management firm failed to safeguard their assets from a now-former vice president who helped himself to millions of dollars of their funds.
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January 28, 2026
SEC Says Musk Can't Fight 'Uncontested' Facts In Twitter Case
The U.S. Securities and Exchange Commission on Wednesday further urged a D.C. federal judge to grant it an early win in the agency's enforcement action against Elon Musk over his Twitter stock purchases, saying Musk's recent opposition brief "only confirms that the court should grant" summary judgment.
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January 28, 2026
Asset Co. Slams Conn. Insurance Chief's Plan For Liquidation
An asset management company asked a Connecticut state court for permission to intervene in the insurance commissioner's rehabilitation of struggling insurer PHL Variable Insurance Co., saying the commissioner's "surprise" plan to pursue liquidation will be disastrous for universal life policyholders that are over a $300,000 cap on death benefits.
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January 28, 2026
Fiserv Uses Its Data Security Flaws For Upsells, Suit Says
Payment systems company Fiserv Inc. is facing another suit over its alleged data security flaws, with a credit union claiming the company has allowed its online banking platform to be "repeatedly hacked, again and again," and then uses these failures to upsell additional security measures to users.
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January 28, 2026
Sanctions Motion Allowed In Barratry Suit, Texas Court Says
A Texas appeals court has kept intact a motion for sanctions against a man who accused a law firm of barratry, saying Wednesday the motion was based on "ancillary conduct" and therefore not subject to the state's anti-SLAPP law.
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January 28, 2026
Data Co.'s Brass, Top Customer Face SEC 'Round-Trip' Claims
Executives of a now-bankrupt data intelligence company face U.S. Securities and Exchange Commission claims that they conspired with one of the company's biggest customers on a so-called round-trip accounting scheme to overstate the company's revenue and become a more attractive target for a special purpose acquisition company.
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January 28, 2026
Teva Allowed New Mifepristone Claim But Not New Defendant
A California federal judge gave Teva permission to update its antitrust suit accusing Corcept Therapeutics of using patent system abuse, bribes and exclusive dealing to block generic competition to its cortisol disorder treatment while refusing to let Teva add another specialty pharmacy as a defendant.
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January 28, 2026
CFTC Taps Treasury Atty To Be General Counsel
The Commodity Futures Trading Commission announced Wednesday it has hired a Treasury Department lawyer with BigLaw experience to serve as the derivatives regulator's new general counsel.
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January 28, 2026
FCC Sees Dead People On Lifeline, But Dems Balk At New Reg
Democrats are bristling against a plan by the Federal Communications Commission to reduce purported fraud in the Lifeline program, where the agency says some states enrolled dead people and others who don't qualify.
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January 28, 2026
Chinese Man Gets 46 Months In $37M Pig Butchering Scam
A Chinese national was sentenced to 46 months in prison Tuesday in California federal court for participating in a global network that tricked 174 victims lured in from dating apps into pouring money into fake digital asset investments, and ultimately laundering $36.9 million in cryptocurrency proceeds to scam centers overseas.
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January 28, 2026
Concrete Co. Not Exempt From NJ Sick Leave Law, Panel Says
New Jersey suppliers can't rely on an exemption for the construction industry to avoid complying with the state's Earned Sick Leave Law, an appellate panel found Wednesday as a matter of first impression, finding the law only allows builders to claim the exemption to the law.
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January 28, 2026
Social Media Addiction Laws Eyed By Conn. Governor, AG
Connecticut lawmakers will consider forcing social media companies to display mental health warning labels and file state reports detailing the numbers of youth users, parental consent figures and average daily screen time statistics, Gov. Ned Lamont and Attorney General William M. Tong said in a Wednesday statement.
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January 28, 2026
SEC Urged To Adopt Insider Trading Rules For Foreign Firms
A former member of the U.S. Securities and Exchange Commission is among a trio of academics pressing the agency to write rules cracking down on insider trading at foreign companies that trade on U.S. exchanges, urging action before a congressionally mandated deadline runs out in March.
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January 28, 2026
Casino License Revocation Order Off The Mark, 8th Circ. Told
Two Cherokee Nation entities say an Arkansas federal court "struck out on its own" when it dismissed claims over the revocation of an Arkansas-issued gambling license, telling the Eighth Circuit that the decision sets a dangerous precedent that will haunt the state as it seeks multimillion-dollar investors.
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January 28, 2026
EPA Begins Rollback Of Biden-Era Smog Control Plan
The U.S. Environmental Protection Agency has proposed to reapprove pollution control plans from several states as part of its effort to undo a Biden-era rule curbing cross-border smog formation that was halted by the U.S. Supreme Court.
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January 28, 2026
Ambulance Billing Co. Settles Data Breach Claims
An ambulance billing service will pay a total of $515,000 to the states of Massachusetts and Connecticut and take measures to improve its data security to settle allegations stemming from a 2022 breach, the Massachusetts Attorney General's Office announced Wednesday.
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January 28, 2026
Insurer Claims No Duty In Crash Suit Against Vape Shop
A deadly car accident underpinning a lawsuit against a North Carolina-based vape and smoke shop occurred several miles away from the store's grounds, so exclusions in the shop's commercial insurance policy preclude coverage, the insurer's counsel told a North Carolina state appeals court Wednesday.
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January 28, 2026
NY Firm And Medical Providers Defrauded Insurers, Suit Says
An insurer accused a law firm and a collection of medical providers and professionals of engaging in a scheme to defraud insurers through sham lawsuits and inflated medical bills, telling a New York federal court that the defendants have enriched themselves "at the expense of justice, equity and human dignity."
Expert Analysis
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FTO Designations: Containing Foreign Firms' Legal Risks
Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.
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What To Expect From Justices' 401(k) Ruling, DOL Rulemaking
The U.S. Supreme Court's upcoming ruling in Anderson v. Intel, addressing alternative assets in defined contribution plans, coupled with the U.S. Department of Labor's recently proposed regulation on fiduciary duties in selecting alternative investments, could alleviate the litigation risk that has impeded wider consideration of such investments, say attorneys at Ropes & Gray.
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Digital Assets May Be In For A Growth Spurt In 2026
All signs point to an acceleration in digital asset product and service innovation throughout 2026, and while questions of first impression still need to be addressed, some legal issues will be clarified, spurring developments namely on the tokenization and stablecoin fronts, say attorneys at Skadden.
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Series
Judges On AI: How Judicial Use Informs Guardrails
U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.
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What Businesses Offering AI Should Expect From The FTC
The Federal Trade Commission's move to reopen and set aside an administrative order against Rytr shows that the FTC is serious about executing on the administration's Artificial Intelligence Action Plan, and won't stand in the way of businesses offering AI products with pro-consumer, legitimate uses, say attorneys at Reed Smith.
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Lessons From EdTech Provider's Data Breach Settlements
Education technology company Illuminate Education's recent settlements with three states and the Federal Trade Commission over state privacy law claims following a student data breach are some of the first of their kind, suggesting a shift in enforcement focus to how companies handle student data and highlighting the potential for coordinated enforcement actions, say attorneys at Wilson Sonsini.
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Crypto-Asset Strategy For Corporate Legal Leaders In 2026
As digital assets experience increased regulatory clarity, institutional adoption and technological maturity, in-house legal leaders must build strong policies this year and stay engaged with the evolving market to help their companies seize the opportunities of the digital asset era while managing the risks, say attorneys at Foley & Lardner.
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What Fla. Trends Reveal About AI In Real Estate Development
Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.
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What US Cos. Must Know To Comply With Italy's AI Law
Italy's newly effective artificial intelligence law means U.S. companies operating in Italy or serving Italian customers must now meet EU AI Act obligations as well as Italy-specific requirements, including immediately enforceable criminal penalties, designated national authorities and sector-specific mandates, say attorneys at Portolano Cavallo.
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Navigating Battery Validation Risk In The EV Supply Chain
Vehicle electrification has moved battery system supply chains from a background component into the center of the automotive universe — and for legal teams, battery validation is now a driver of contractual disputes, regulatory exposure and even shareholder litigation, say Samuel Madden at Secretariat Advisors and Vanessa Miller at Foley & Lardner.
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Cybersecurity Must Remain Financial Sector's Focus In 2026
In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.
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Presidential Pardon Brokering Can Create Risks For Attys
The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.
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Series
Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief
My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.
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Series
Law School's Missed Lessons: How To Start A Law Firm
Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.
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5 Compliance Takeaways From FINRA's Oversight Report
The priorities outlined in the Financial Industry Regulatory Authority's recently released annual oversight report focus on the organization's core mission of protecting investors, with AI being the sole new topic area, but financial firms can expect further reforms aimed at efficiency and modernization, say attorneys at Armstrong Teasdale.