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Compliance
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December 19, 2025
SEC Enters Non-Monetary Settlements With FTX Trio
Three co-conspirators in the $11 billion FTX fraud settled with the U.S. Securities and Exchange Commission on Friday, entering into agreements in which they will be handed temporary industry bars while not having to pay anything in disgorgement or penalties.
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December 19, 2025
Medical, School Groups Seek Order Halting $100K Visa Fee
A medical practice in rural North Carolina and other employers asked a federal judge Friday to block enforcement of the Trump administration's $100,000 fee on H-1B visas, arguing the "massive" fee hike will inflict irreparable harm on their communities.
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December 19, 2025
Rail Giants Pitch $85B Deal To Transportation Regulators
Union Pacific Corp. and Norfolk Southern Corp. submitted the required application for their planned $85 billion merger on Friday, telling regulators the rail networks have few overlaps and that a combined system will allow freight to move faster and more efficiently across the country.
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December 19, 2025
Del. Justices Reinstate Elon Musk's $56B-Plus Pay Package
Elon Musk saw his once-$56 billion, now larger, Tesla Inc. compensation package rescued Friday, as the Delaware Supreme Court reversed a lower court ruling from January 2024 that voided a board and stockholder-approved pay deal.
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December 19, 2025
Trials & Mixed Outcomes Defined Antitrust Enforcers' 2025
U.S. antitrust enforcers took three high-profile cases against major technology platforms to trial this year, and that was just part of a government campaign that alleged a range of transgressions — including monopolistic conduct, algorithmic price-fixing and anticompetitive agreements — and netted one high-profile victory and several major setbacks.
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December 19, 2025
GC Cheat Sheet: The Hottest Corporate News Of The Week
In one of the stories in corporate legal news from the past week, almost half of the in-house legal professionals in a recent survey said they were either actively or passively seeking new jobs, citing stress, a struggle to build multidisciplinary teams and anxiety around artificial intelligence.
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December 19, 2025
More Pardon Seekers Going 'Straight To The White House'
A nonprofit's unusual plan to make a mass pardon request directly to the Trump administration highlights burgeoning optimism among white collar defendants about their chances of securing relief, and a recognition that the clearest path to clemency no longer runs through the traditional channels.
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December 19, 2025
Disbarred Calif. Lawyer Gets 18 Mos. For Advance Fee Fraud
A Manhattan federal judge sentenced a disbarred California lawyer to 18 months in prison Friday for scheming to reap $4 million in advance fees for bogus letters of credit while holding himself out as chief of compliance for a fake bank.
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December 19, 2025
IRS Relaxes Carbon Capture Credit's Environmental Reporting
The Internal Revenue Service released guidance Friday easing the carbon capture tax credit's environmental reporting requirements, taking effect by the end of the year, for energy systems that permanently secure the emissions in geological locations, such as deep underground rock formations.
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December 19, 2025
Dems Push For Scrutiny Of Compass' $1.6B Anywhere Buy
Democratic senators urged the U.S. Department of Justice and the Federal Trade Commission to scrutinize Compass Inc.'s $1.6 billion buy of rival broker Anywhere Real Estate Inc., saying further consolidation could drive commissions higher and squeeze out remaining competitors.
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December 19, 2025
Geico Agents Secure Some Discovery In Misclassification Suit
Geico must produce more information related to a retaliation claim and the authenticity and completeness of its retirement and welfare plans in a suit lodged by former agents alleging the insurer denied them benefits by misclassifying them as independent contractors, an Ohio federal judge ruled.
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December 19, 2025
Okla. AG Says Fed Law Shields Tribal Fishing, Hunting Rights
Oklahoma Attorney General Gentner Drummond has issued a formal opinion that says federal law prohibits the state's wildlife department from citing tribal members for hunting and fishing on their reservation lands without a state-issued permit.
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December 19, 2025
Judge Lets White House Ballroom Project Continue For Now
A D.C. federal judge gave President Donald Trump the green light to continue his East Wing ballroom plans, finding that the National Trust For Historic Preservation had not shown a "clear and present" reason to grant a temporary restraining order.
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December 19, 2025
Trump Admin Appeals Harvard Win In $2B Fund Freeze Case
The Trump administration will ask the First Circuit to overturn a federal judge's ruling that prevented the government from withholding $2.2 billion in federal grants from Harvard University over concerns about antisemitism on campus.
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December 19, 2025
The 6 Biggest Rulings By Massachusetts' Top Court In 2025
Massachusetts' top court rejected a novel double jeopardy claim in a headline-grabbing murder case, revived claims against Harvard over a "ghoulish" scheme, and said a Snapchat Bitmoji could show police bias, among other significant rulings this year.
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December 18, 2025
The Biggest Rulings From A Busy Year At The 1st Circ.
The nation's smallest federal appellate panel punched above its weight in 2025, grappling with numerous suits against the Trump administration, high-profile criminal appeals, a $34 million legal fee bid and a hotly contested kickback law.
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December 18, 2025
Instacart Will Pay $60M Over FTC's Deceptive Delivery Claims
Instacart has agreed to pay $60 million to resolve Federal Trade Commission claims it deceptively advertised "free delivery" on customers' first orders while charging a service fee and for not clearly disclosing the terms of its subscription membership.
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December 18, 2025
Hisense Blocked From Collecting Texan TV Viewers' Data
A Texas state court temporarily blocked Chinese television maker Hisense from collecting viewers' personal data as the Lone Star State's attorney general sues the manufacturer and four other companies for allegedly "spying" on what consumers are watching, the attorney general has announced.
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December 18, 2025
Anti-Fluoride Win Merits $9.5M In Fees From EPA, Judge Told
Anti-fluoridation groups urged a California federal judge in a hearing Thursday to grant them $9.5 million in attorney fees for winning a 2024 decision that the U.S. Environmental Protection Agency's "optimal" fluoride level for drinking water poses an unreasonable risk of lowering children's IQ.
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December 18, 2025
OCC Ends Citi Risk Management Resource Review Order
The Office of the Comptroller of the Currency on Thursday formally ended a 2024 amendment to a previous consent order against Citibank over its risk management practices, with Citibank saying the relevant remediation programs are "nearly at target-state."
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December 18, 2025
Arkansas Social Media Safety Law Temporarily Blocked
Arkansas cannot enforce a state law that bans social media platforms from using algorithms that could cause a user to kill themselves, buy drugs, become addicted to social media or develop an eating disorder, a federal district judge has ruled.
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December 18, 2025
Feds Say PE Firm Founder Funded Wife's Co. With $50M Fraud
The managing partner of a New Hampshire-based private equity firm was indicted for allegedly fraudulently soliciting over $50 million in investments for purported health and wellness companies, using the money to support his personal image and wife's skincare brand instead of properly paying investors and employees.
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December 18, 2025
FERC Orders PJM To Craft Data Center-Focused Grid Policies
The Federal Energy Regulatory Commission on Thursday took a step to tackle the electricity impacts of data center and artificial intelligence growth, ordering the nation's largest grid operator to create policies for co-locating large electricity users at power plants within its footprint.
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December 18, 2025
NY Jury In FARA Trial Over China Ties Says It's Deadlocked
The Brooklyn federal jury weighing the fate of a former top New York gubernatorial aide accused of secretly acting as a foreign agent for China said Thursday that it cannot reach a unanimous verdict, after five days of deliberations.
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December 18, 2025
School District Asks High Court To Stop Officials' Depositions
A Texas school district has asked the U.S. Supreme Court to let two district officials avoid sitting for depositions in a case alleging the district discriminated against Black students who wore their hair in locs, saying the officials are legislators and cannot be compelled to testify barring an extraordinary exception.
Expert Analysis
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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.
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7 Lessons From The Tractor Supply CCPA Enforcement Action
The California Privacy Protection Agency's recent enforcement action targeting Tractor Supply for alleged violations of the California Consumer Privacy Act provides critical insights into the compliance areas that remain a priority for the California regulator, including businesses with significant consumer interactions, say attorneys at Troutman.
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Considering Judicial Treatment Of The 2023 Merger Guidelines
Courts have so far primarily cited the 2023 merger guidelines for propositions that do not differ significantly from prior versions of the guidelines, leaving it unclear whether the antitrust agencies will test the guidelines’ more aggressive theories, and how those theories will be treated by federal judges, say attorneys at Covington.
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Key Lessons From Youths' Suit Against Trump Energy Orders
A Montana federal court's recent decision in Lighthiser v. Trump, dismissing a challenge by a group of young plaintiffs to President Donald Trump's executive orders promoting fossil fuels, indicates that future climate litigants must anchor their suits in discrete, final agency actions and statutory text, say attorneys at ArentFox Schiff.
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Federal Debanking Scrutiny Prompts Compliance Questions
Recent U.S. Small Business Administration guidance sets forth requirements for preventing so-called politicized debanking and specific additional instructions for small lenders, but falls short on clarity for larger institutions, leaving lenders of all sizes with questions as they navigate this unique compliance challenge, say attorneys at Cooley.
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Series
Writing Novels Makes Me A Better Lawyer
Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.
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Personnel File Access Laws Pose New Risks For Employers
The state law trend toward expanding employee access to personnel files can have extensive consequences for employers, but companies can take proactive steps to avoid disputes and potential litigation based on such records, says Randi May at Tannenbaum Helpern.