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Compliance
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December 19, 2025
Meta Mostly Defeats 'Bricked' Devices False Ad Suit, For Now
A California federal judge has explained his decision to toss the bulk of a proposed class action alleging Meta Platforms Inc. deceptively sold video-calling devices it later "bricked" by dropping software support, although he refused to toss an unfair competition claim and gave the consumers the opportunity to take another stab at the complaint.
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December 19, 2025
AI Note-Taking Software Stores Voice Data, Ill. Suit Says
Artificial intelligence software that provides transcription and other meeting assistance on platforms such as Zoom and Microsoft Teams illegally collects, stores and uses individuals' biometric voice data without their informed consent, according to a lawsuit filed in Illinois federal court.
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December 19, 2025
Fed Seeks Input On Limited Master Accounts For Fintechs
The Federal Reserve Board on Friday took another step toward rolling out what are known as skinny master accounts for fintech firms, requesting public feedback on a special purpose Reserve Bank account prototype "tailored to the risks and needs of institutions focused on payments innovation."
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December 19, 2025
Iowa Appeals Schwab Antitrust Deal After Objections
Iowa's attorney general has appealed to the Fifth Circuit a Texas federal judge's final approval of a settlement ending an antitrust class action suit over The Charles Schwab Corp.'s merger with TD Ameritrade, following the Hawkeye State's previous objection claiming the deal offered class members insufficient relief.
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December 19, 2025
CFTC Seeks Input On Prediction Market Regs
The U.S. Commodity Futures Trading Commission is asking the public what steps it should take to protect customers trading on increasingly popular prediction markets, saying it might have to update its regulations "to consider the risk profiles and loss events unique" to the space.
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December 19, 2025
FINRA Fines BofA Unit Over Order Routing Disclosures
Bank of America's securities unit will pay $225,000 to the Financial Industry Regulatory Authority to end claims it published error-filled reports about how it handled customer securities orders, FINRA has announced.
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December 19, 2025
Trump's Cannabis Order: The Impact On Hemp And Research
President Donald Trump's executive order Thursday reignited an administrative process to reclassify marijuana as a less restricted drug, but its provisions touching on cannabis research and hemp-derived CBD are less obvious.
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December 19, 2025
Real Estate Recap: How '25 Shaped Offices, Hotels, Data Hubs
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including analyses of how the office, hotel and data center sectors fared in 2025.
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December 19, 2025
Health Co. CEO Gets 15 Years In $1.4B Fraud Scheme
A Florida federal judge sentenced a software company CEO to 15 years in prison Friday for participating in a scheme to coordinate illegal medical kickbacks through an internet platform, an operation that resulted in $1.4 billion worth of false billings to Medicare and other insurers for unnecessary medical products.
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December 19, 2025
NC Panel Denies Lindberg's Bid To Broaden Receivership
Convicted insurance mogul Greg Lindberg couldn't convince a North Carolina state appeals court to either loosen the strictures on a receivership or free certain of his affiliates from a temporary restraining order connected to his $1.2 billion insurance scheme from the mid-2010s.
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December 19, 2025
Coinbase Sues 3 States Over Event Contract Regulation
Illinois, Connecticut and Michigan have been sued by cryptocurrency exchange Coinbase over their attempts to regulate the trading platform's prediction market offerings, with the firm arguing that the states are trying to unlawfully apply their gambling laws to federally regulated transactions that are under the jurisdiction of the Commodity Futures Trading Commission.
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December 19, 2025
23 AGs Oppose FCC's Possible AI Law Preemption
Nearly two dozen state attorneys general joined forces to urge the Federal Communications Commission not to issue a ruling that would preempt state-level regulation of artificial intelligence technologies, arguing in a comment letter that the agency lacks such authority.
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December 19, 2025
Ill. Judge Trims Claims Over Mondelez Cocoa Sourcing Label
A California consumer can pursue claims that Mondelez International illegally led customers to believe that the snack giant sources its cocoa ethically, but only for Oreo and Toblerone products, an Illinois federal judge ruled.
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December 19, 2025
X Can Still Sue Media Matters In Ireland, 9th Circ. Rules
The Ninth Circuit on Friday vacated a California federal judge's injunction that blocked X Corp.'s ongoing lawsuit against left-leaning watchdog Media Matters in Ireland over an allegedly defamatory article, saying Media Matters waited too long before seeking to bring the case to the Golden State and thus prejudiced X.
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December 19, 2025
Mamdani Taps Ex-Biden DOL Chief For 'Economic Justice' Job
New York City Mayor-elect Zohran Mamdani on Friday named Julie Su, acting labor secretary during the Biden administration, to serve as the city's first deputy mayor for economic justice, a move that was welcomed by labor unions.
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December 19, 2025
FTC Says Building Service Contractor Will End No-Hire Pacts
The Federal Trade Commission is continuing to show interest in labor market issues, reaching a deal on Friday alongside New Jersey state enforcers that bars Adamas Amenity Services LLC from enforcing no-hire agreements with building owners.
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December 19, 2025
Coal Exec Calls Out Feds' 'Secrecy' In FCPA Trial Delay Bid
A coal executive facing Foreign Corrupt Practices Act charges has asked a Pennsylvania federal judge to delay his trial, pointing to what he called "secrecy" surrounding the government's review of his case when federal authorities have retreated from bribery prosecutions.
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December 19, 2025
Employment Authority: NLRB Quorum Back, 2025 In Rulings
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with features on the new direction of the National Labor Relations Board and the U.S. Department of Labor and the biggest employment rulings of 2025.
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December 19, 2025
Green Groups Sue Over Interior's Environmental Policy Shift
Two conservation groups are asking a Northern California federal district court to vacate an interim U.S. Department of the Interior final rule that rescinds decades-old environmental policies concerning the public's right to participate in reviews for logging, drilling and other industrial projects on public lands.
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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.
Expert Analysis
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Calif. Employer Action Steps For New Immigrant Rights Notice
There are specific steps California employers can take ahead of the Feb. 1 deadline to comply with California’s new employee rights notification requirement, minimizing potential liability and protecting workers who may be caught up in an immigration enforcement action at work, says Alexa Greenbaum at Fisher Phillips.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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How Cos. Can Prep For Tightened Calif. Data Breach Notices
Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.
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A Look At State AGs' Focus On Earned Wage Products
Earned wage products have emerged as a rapidly growing segment of the consumer finance market, but recent state enforcement actions against MoneyLion, DailyPay and EarnIn will likely have an effect on whether such products can continue operating under current business models, say attorneys at Quinn Emanuel.
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Digital Asset Treasury Trend Signals Wider Crypto Embrace
While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.
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Takeaways As Justices Let 5th Circ. Pollution Ruling Stand
The U.S. Supreme Court's recent certiorari denial leaves intact a Fifth Circuit ruling that environmental justice organizations have standing to pursue a civil rights challenge to a parish's land-use practice, underscoring the importance of local governments proactively engaging with communities to address cumulative impacts of development, say attorneys at ArentFox Schiff.
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AI's Role In Google Antitrust Suit May Reshape Tech Markets
The evolution of AI in retail has reshaped the U.S.' antitrust case against Google, which could both benefit small business innovators and consumers, and fundamentally alter future antitrust cases, including the Federal Trade Commission's lawsuit against Amazon, says Graham Dufault at ACT.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Next Steps For DOE's Large-Load Interconnection Reforms
The U.S. Department of Energy's recent letter to the Federal Energy Regulatory Commission may mark a substantial expansion of FERC's open-access framework for large-load facilities, though the proposed timeline for the rulemaking appears to be extraordinarily short, say attorneys at Davis Wright.
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Adapting To Calif.'s Enhanced Regulation Of PE In Healthcare
New California legislation enhances oversight on the role of private equity groups and hedge funds in healthcare transactions, featuring both a highly targeted nature and vague language that will require organizations to carefully evaluate existing practices, says Andrew Demetriou at Husch Blackwell.
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What To Note In OCC, FDIC Plan To Standardize Supervision
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp.'s recent proposals to standardize the meaning of "unsafe or unsound practice" and revise the process for issuing matters requiring attention could significantly narrow the scope of activities that spawn enforcement actions, says Brendan Clegg at Luse Gorman.
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How The SEC May Overhaul Its Order Protection Rule
Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.
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State Child Privacy Laws May Put More Cos. In FTC's Reach
Starting with Texas in January, several new state laws requiring app stores to share user age-related information with developers will likely subject significantly more companies to the Federal Trade Commission’s child privacy rules, altering their compliance obligations, say attorneys at Womble Bond.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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AG Watch: DC Faces Congressional Push To End Elected Role
Given the current structural tension between D.C.'s local autonomy and congressional plenary power, legal and business entities operating in the district should maintain focus on local enforcement gaps, and monitor the legislative process closely, says Lauren Cooper at Hogan Lovells.