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Compliance
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January 16, 2026
SEC Fines Adviser Over Black Rifle Coffee SPAC Deal Conflict
Engaged Capital LLC was fined $200,000 by the U.S. Securities and Exchange Commission and agreed to a censure Friday over allegations the investment adviser failed to disclose conflicts of interest related to a special purpose acquisition company merger with Black Rifle Coffee Co. in 2022.
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January 16, 2026
OCC's Gould Takes Aim At Resolution Planning 'Industry'
A top federal regulator called Friday for a sweeping rethink of rules intended to ensure big, complex banks can be safely wound down in a crisis, including potentially ending requirements to file so-called living wills with the Federal Deposit Insurance Corp.
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January 16, 2026
Google Appeals DOJ Search Win, Seeks Data-Sharing Stay
Google on Friday filed its long-awaited notice of appeal of a D.C. federal judge's decision that the tech giant is an online search monopolist, while asking to pause some remedies won by the U.S. Department of Justice that require the company to share search data with competitors.
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January 16, 2026
Feds Move To Seize Military Trainers Bound For China
The federal government is asking a D.C. federal judge for permission to formally take control of two shipping containers intercepted by U.S. authorities, who alleged the containers housed military training simulators built by a South African company to aid the Chinese military.
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January 16, 2026
Stolen Google AI Info Valuable To Rivals And China, Jury Told
Federal prosecutors questioned a foreign policy expert and an MIT computer science professor Friday in the trial of an ex-Google engineer accused of stealing AI trade secrets to help China, seeking to show that artificial intelligence is a major priority for the Chinese government and that Google's technology was nonpublic and extremely valuable.
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January 16, 2026
Stock Buyback Ban Could Shrink Defense Industrial Base
The Trump administration's move to bar defense contractors from buying back their stock or paying shareholder dividends if they are underperforming on their contracts could make companies reconsider working with the U.S. government and counteract the administration's stated goals.
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January 16, 2026
DOJ Reports Historic $6.8B False Claims Act Haul In 2025
The U.S. Department of Justice secured more than $6.8 billion via settlements and judgments under the False Claims Act in the fiscal year that ended September 2025, the largest amount recovered in a single year in the history of the FCA, the DOJ said Friday.
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January 16, 2026
Rail Regulator Tells UP, Norfolk Southern To Redo Merger Bid
A rail regulator said Friday that Union Pacific and Norfolk Southern still haven't shared crucial details or projected revenue and traffic numbers related to their proposed mega-merger, so their application must be rejected for now as "incomplete."
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January 16, 2026
SEC Secures $39M Orders Wrapping Fla. Investor Fraud Suit
The U.S. Securities and Exchange Commission has gotten final judgments totaling nearly $39 million to wrap up claims that a Florida hedge fund manager, associated entities and their owner defrauded would-be investors by concealing self-dealing and misappropriation.
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January 16, 2026
SEC Fines Biopharma Co. Execs Over Hidden FDA Findings
Former executives of Spero Therapeutics will pay over $187,000 to settle the U.S. Securities and Exchange Commission's claims they downplayed the likelihood that the U.S. Food and Drug Administration would reject the biopharmaceutical company's new drug application in 2022, the commission said on Friday.
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January 16, 2026
Kirkland, Ex-Judge Hit With Class Action Over Texas Romance
An investment firm is suing Kirkland & Ellis LLP, an ex-judge, two other law firms and a lawyer for allegedly fomenting "mass corruption" in Houston's bankruptcy court and colluding to enrich themselves by controlling the outcome of large Chapter 11 cases.
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January 16, 2026
Calif. AG Orders xAI To Stop Enabling Sexualized Deepfakes
California's attorney general on Friday sent xAI a cease and desist letter demanding the artificial intelligence company immediately stop the creation and distribution of nonconsensual, sexualized deepfakes, days after U.S. senators announced they had demanded that leading tech companies disclose how they are preventing such images on their platforms.
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January 16, 2026
Bikini Barista Boss Says AG Can't Bring Sex Harassment Suit
The owner of Seattle-area "bikini barista" company Paradise Espresso urged a state judge to dismiss Washington's lawsuit accusing him of sexual harassment and withholding pay from workers, arguing the state's attorney general lacks authority to bring the case.
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January 16, 2026
SEC Fines 'Cash Flow King' Podcaster $3M For Ponzi Scheme
A podcast host dubbed the "Cash Flow King" will pay $3.3 million to settle claims that he ran a multiyear Ponzi scheme that cheated investors out of $11 million through bogus real estate investments, the U.S. Securities and Exchange Commission announced Friday.
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January 16, 2026
College Gambling Busts Show That Getting Caught Is Easy
The evidence against the college basketball players indicted Thursday on federal sports gambling charges, and the alleged fixers involved in enticing and paying the players, appears strong enough for the NCAA to focus on preventing future scandals rather than on denying the problem existed, sports law experts say.
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January 16, 2026
Planned Parenthood Can Challenge Heartbeat Act, Court Says
A Texas appeals court on Friday found that Planned Parenthood has standing to challenge the state law that empowers ordinary citizens to prosecute abortion providers, saying Planned Parenthood has done enough to launch a pre-enforcement challenge to the law.
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January 16, 2026
$29M Deal In Boeing Supplier Fraud Suit Gets Final OK
A New York federal judge on Friday approved a $29 million deal to close out a suit alleging that Spirit AeroSystems Holdings Inc. misled investors by failing to disclose pervasive quality problems and a documented history of supplying its chief customer, The Boeing Co., with defective plane parts.
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January 16, 2026
White House Backs State Govs In Push For PJM Changes
The Trump administration on Friday joined an effort by 13 state governors to force the nation's largest regional grid operator, PJM Interconnection, to fix the issue of escalating power prices amid data center-fueled increases in electricity demand.
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January 16, 2026
Employment Authority: Meet The NLRB's New Top Enforcer
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on what to expect from General Counsel Crystal Carey's arrival at the National Labor Relations Board, what New York employers need to know to stay in compliance with new stay-or-pay contract provisions and how disparate impact discrimination standards have splintered between states and the federal government.
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January 16, 2026
In First Year, Trump Lost Most Cases But Often Won Appeals
In the first year of President Donald Trump's second term, his administration lost in court nearly twice as often as it won, but its success rate increased when it appealed, according to a Law360 review of more than 400 lawsuits.
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January 16, 2026
SIFMA Presses SEC To Reverse Nasdaq Fee Hike
The Securities Industry and Financial Markets Association is urging the U.S. Securities and Exchange Commission to force Nasdaq and other exchanges to stop collecting new fees that the organization argues were allowed to go live with little detail as to why they were necessary or how they comply with the law and past SEC guidance.
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January 16, 2026
House Dems Press STB On $85B Railway Mega-Merger
Congressional Democrats have urged the U.S. Surface Transportation Board to pressure the Union Pacific and Norfolk Southern railroads for greater clarity about their proposed merger, joining a chorus of left-leaning organizations that have sought to throw cold water on the $85 billion deal.
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January 16, 2026
Treasury's Rule Pace Unchanged After Loper Bright, Atty Says
The U.S. Supreme Court's 2024 landmark decision limiting federal agencies' deference in interpreting ambiguous statutes has not significantly altered the pace and volume of the U.S. Department of the Treasury's rulemaking workload, a Treasury attorney said Friday.
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January 16, 2026
OpenAI, Microsoft Must Face Musk Fraud Fight In April Trial
A California federal judge denied OpenAI Inc.'s request for summary judgment on Elon Musk's claims OpenAI duped him into donating $38 million with false promises of remaining a nonprofit, while trimming some claims against Microsoft Corp. and sending the bifurcated dispute to an April jury trial.
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January 16, 2026
Localism Requirement Dooms Low-Power Station Requests
Four proposed low-power FM stations in Texas and one in Nevada can't get building permits from the Federal Communications Commission because their paperwork doesn't indicate they would be run by local organizations under federal rules, the FCC said Friday.
Expert Analysis
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6 Laws For Calif. Employers To Know In 2026
California's legislative changes for 2026 impose sweeping new obligations on employers, including by expanding pay data reporting, clarifying protections related to bias mitigation training and broadening record access rights, but employers can avoid heightened exposure by proactively evaluating their compliance, modernizing internal systems and updating policies, says Alexa Foley at Gordon Rees.
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Tips For Drafting, Negotiating Quantum Service Agreements
Due to the experimental and volatile nature of quantum computing technology — at least initially — lawyers and legal practitioners should consider a few risks when drafting or negotiating a quantum-as-a-service agreement, including if the underlying hardware design is faulty or not appropriate for maintenance, say attorneys at Covington.
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How New SEC Policies Shift Shareholder Proposal Landscape
U.S. Securities and Exchange Commission Chairman Paul Atkins' recent remarks provide a road map for public companies to exclude nonbinding shareholder proposals from proxy materials, which would disrupt the mechanism that has traditionally defined how shareholders and companies engage on governance matters, say attorneys at Gunderson.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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How 11th Circ.'s Qui Tam Review Could Affect FCA Litigation
On Dec. 12, the Eleventh Circuit will hear arguments in U.S. ex rel. Zafirov v. Florida Medical Associates, setting the stage for a decision that could drastically reduce enforcement under the False Claims Act, and presenting an opportunity to seek U.S. Supreme Court review of the act's whistleblower provisions, say attorneys at Epstein Becker.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.
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Prepping For 2026 Shifts In Calif. Workplace Safety Rules
California's Division of Occupational Safety and Health is preparing for significant shifts and increased enforcement in 2026, so key safety programs — including injury and illness prevention plans, workplace violence plans, and heat illness prevention procedures — must remain a focus for employers, says Rachel Conn at Conn Maciel.
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.
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How AI Exec Order May Tee Up Legal Fights With States
The Trump administration's draft executive order would allow it to challenge and withhold federal dollars from states with artificial intelligence laws, but until Congress passes comprehensive AI legislation, states may have to defend their regulatory frameworks in extended litigation, says Charles Mills, a clerk at the U.S. District Court for the Northern District of West Virginia.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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Where DEI Stands After The Federal Crackdown In 2025
The federal government's actions this year have marked a fundamental shift in the enforcement of antidiscrimination laws, indicating that diversity, equity and inclusion initiatives that perpetuate allegedly unlawful discrimination will face vigorous scrutiny in 2026, say attorneys at Jackson Lewis.
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How MAHA Is Taking Shape At The State Level
The national spotlight on the federal government's Make America Healthy Again movement is bolstering state-level actions regarding potential health impacts of certain food ingredients, increasing the difficulty and importance of maintaining effective compliance programs, say attorneys at Cooley.
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Rule Update May Mean Simpler PFAS Reports, Faster Timeline
The U.S. Environmental Protection Agency's recently proposed revisions to the Toxic Substances Control Act's per- and polyfluoroalkyl substances reporting rule would substantially narrow reporting obligations, but if the rule is finalized, companies will need to prepare for a significantly accelerated timeline for data submissions, say attorneys at Alston & Bird.
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What US Can Learn From Brazil's Securities Arbitration Model
To allay investor concerns about its recent approval of mandatory arbitration clauses in public company registration statements, the U.S. Securities and Exchange Commission should look to Brazil's securities arbitration model, which shows that clear rules and strong institutions can complement the goals of securities regulation, say arbiters at the B3 Arbitration Chamber.
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Navigating The New Patchwork Of Foreign-Influence Laws
On top of existing federal regulations, an expanding wave of state legislation — placing new limits on foreign-funded political spending and new registration requirements for foreign agents — creates a confusing compliance backdrop for corporations that demands careful preplanning, say attorneys at BakerHostetler.