Compliance

  • December 05, 2025

    2nd Circ. Backs Ex-Goldman Exec's 1MDB Conviction

    Former Goldman Sachs managing director Roger Ng's attempt to overturn his conviction in the $6.5 billion 1MDB corruption scheme hit a wall Friday at the Second Circuit, where a panel categorically rejected his multipronged appeal.

  • December 05, 2025

    Mass. IOLTA Panel Says It's Owed Slice Of Residual Funds

    A Massachusetts panel that oversees Interest on Lawyers' Trust Accounts asked the state's highest court Friday to at least partially unwind a $4 million class action settlement, saying a lower court didn't give it a chance to argue for a portion of what it says are "significant" residual funds.

  • December 05, 2025

    Nickel For Your Thoughts? Dems Want Plan For Ending Penny

    Top Democrats on banking and financial services committees are claiming the Trump administration has not formulated a sufficient plan for the transition away from the penny and are asking for a public plan by Dec. 12.

  • December 05, 2025

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    An SEC panel has asked the agency to adopt regulations that could standardize the way publicly traded companies report details about AI use. Meanwhile, the FCC approved AT&T's $1 billion UScellular deal after AT&T became the latest of the big three mobile carriers to agree to do away with diversity, equity and inclusion policies. These are some of the stories in corporate legal news you may have missed in the past week.

  • December 05, 2025

    Georgia Turns To 11th Circ. In Trans Prisoner Care Fight

    The Eleventh Circuit will get a chance to weigh in on a district judge's recent decision requiring the Georgia Department of Corrections to provide hormone therapy to transgender inmates, according to a Friday filing in federal court.

  • December 05, 2025

    Judge Denies Firms' Bid To Clarify CFPB's MoneyLion Deal

    A New York federal judge has denied a request by consumer advocate law firms to add clarifying language to the Consumer Financial Protection Bureau's recently approved $1.75 million settlement with MoneyLion Technologies Inc., noting that the advocates did not seek to intervene in the suit and that the CFPB and MoneyLion both oppose the request.

  • December 05, 2025

    Divided DC Circ. Backs Trump's NLRB, MSPB Firings

    A split D.C. Circuit panel on Friday upheld President Donald Trump's firings of two labor agency officials in spite of their statutory job protections, saying they wield enough executive power that Congress can't restrict the president's authority to fire them.

  • December 05, 2025

    Elon Musk's X Fined €120M By EU For Misleading Users

    The European Commission revealed Friday that it has fined social media platform X €120 million ($140 million) for breaching European Union digital transparency rules, including by "deceiving" users through the blue checkmarks for so-called verified accounts.

  • December 04, 2025

    Dems Press CFPB's Vought On Mortgage Rate Shutdown Plan

    Senate Democrats are demanding clarity on the fate of the Consumer Financial Protection Bureau's benchmark mortgage-rate work if the Trump administration lets the agency go dark, warning of imminent potential chaos for the $13 trillion mortgage market.

  • December 04, 2025

    Crypto Investors Fight To Revive Ripple Suit At 9th Circ.

    A certified class of investors urged the Ninth Circuit on Thursday to revive allegations Ripple Labs violated securities laws through unregistered sales of digital-token XRP, arguing the lower court misapplied the Ninth Circuit's SEC v. Murphy precedent in granting Ripple summary judgment under a three-year statute of repose.

  • December 04, 2025

    Fla. Gov Floats AI 'Bill Of Rights' Amid Federal Pushback

    Florida's Republican governor on Thursday put forth a proposed framework to protect consumers from potential risks posed by artificial intelligence systems, including unauthorized uses of their data and the harms that chatbots pose to minors, a move that comes as the Trump administration and some Republicans in Congress push for states to be blocked from regulating the emerging technology.

  • December 04, 2025

    Citadel Securities Sparks Crypto Clash Over DeFi Exemptions

    Citadel Securities ignited debate with crypto advocates this week when it told the U.S. Securities and Exchange Commission that decentralized finance projects dealing in tokenized securities should broadly be subject to the same obligations as traditional exchanges and broker-dealers.

  • December 04, 2025

    OFAC Fines Real Estate Firm $7M Over Sanctions Violations

    The Department of the Treasury's Office of Foreign Assets Control fined a New York property management company more than $7 million for allegedly violating Russian sanctions by receiving payments on behalf of a company owned by a sanctioned Russian oligarch.

  • December 04, 2025

    1st Spot Crypto Market To Launch Amid CFTC 'Crypto Sprint'

    Derivatives exchange Bitnomial said Thursday it is poised to launch the first spot crypto exchange regulated by the U.S. Commodity Futures Trading Commission, with guidance from Katten Muchin Rosenman LLP.

  • December 04, 2025

    SEC Investor Panel Presses For Corporate AI Disclosures

    A U.S. Securities and Exchange Commission working group is urging the agency to adopt regulations that could standardize the way publicly traded companies report the way they use artificial intelligence, arguing Thursday that investors are not always being kept informed about the risks of the technology.

  • December 04, 2025

    Kalshi Sues Conn. Over Online Gambling Enforcement Case

    Derivatives exchange KalshiEX LLC has sued the Connecticut Department of Consumer Protection and its leaders over a cease-and-desist order issued by the department directing Kalshi to stop operations within the state.

  • December 04, 2025

    Gov't Watchdog To Probe FHFA Mortgage Fraud Referrals

    The Government Accountability Office will review whether Federal Housing Finance Agency Director William Pulte weaponized mortgage fraud investigations against the president's perceived political opponents and flouted the agency's typical investigation process.

  • December 04, 2025

    Kimmel Brouhaha Brings Out Levity At DC's 'Telecom Prom'

    ABC late-night host Jimmy Kimmel's roller coaster ride at the hands of the Federal Communications Commission took center stage Wednesday at a light-hearted Washington dinner for telecom lawyers, as FCC Chair Brendan Carr served up a comedic bit over the controversy that followed Kimmel's recent war of words with the agency chief.

  • December 04, 2025

    9th Circ. Says Species' Competing Interests Impact ESA Cases

    The Ninth Circuit has ruled that when a court-ordered injunction would protect one animal or plant covered by the Endangered Species Act but harm another, the court must weigh their "competing" interests before taking action.

  • December 04, 2025

    EU To Probe Meta's WhatsApp Restrictions On AI Providers

    European enforcers have launched an investigation into recent changes Meta made to its WhatsApp policies over concerns that they block artificial intelligence providers from communicating with their users on the messaging platform.

  • December 04, 2025

    NY Fed. Court Urged To Vacate ICE's Courthouse Arrest Policy

    Two New York-based nonprofit organizations that provide immigration and settlement services are urging a federal court to halt arrests of noncitizens at immigration courts, while the Trump administration has responded that such arrests are discretionary decisions outside the court's purview.

  • December 04, 2025

    Ex-CEO Of Failed Okla. Bank Indicted On Fraud Charges

    The former president and CEO of the now-defunct Oklahoma-based First National Bank of Lindsay has been charged with bank fraud involving sham deposits in customer accounts and falsified loan documents, according to a federal indictment.

  • December 04, 2025

    Supreme Court Allows Texas Redistricting Map To Stay For Now

    The U.S. Supreme Court gave Texas a green light Thursday to adopt its redrawn congressional map ahead of the 2026 midterm elections, staying a decision by the lower court that blocked the new maps as the case plays out.

  • December 04, 2025

    Credit Firm Fined $20K For Misleading Colorado Consumers

    The Colorado attorney general's office announced Thursday that it reached a $20,000 settlement with a credit repair service that operated a "piggybacking" scheme in violation of the Colorado Credit Services Organization Act, according to a news release.

  • December 04, 2025

    Mass. Justices Unlikely To Revive Verizon Tower Suit

    Justices on Massachusetts' highest court appeared unlikely to second-guess a local health board's decision to drop an enforcement action against Verizon over perceived health effects from a cell tower after the telecom filed suit.

Expert Analysis

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    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.

  • How Cos. Can Prep For Tightened Calif. Data Breach Notices

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    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.

  • A Look At State AGs' Focus On Earned Wage Products

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    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.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    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.

  • Takeaways As Justices Let 5th Circ. Pollution Ruling Stand

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    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.

  • AI's Role In Google Antitrust Suit May Reshape Tech Markets

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    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.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    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.

  • Next Steps For DOE's Large-Load Interconnection Reforms

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    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.

  • Adapting To Calif.'s Enhanced Regulation Of PE In Healthcare

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    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.

  • What To Note In OCC, FDIC Plan To Standardize Supervision

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    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.

  • How The SEC May Overhaul Its Order Protection Rule

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    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.

  • State Child Privacy Laws May Put More Cos. In FTC's Reach

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    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.

  • Why Appellees Should Write Their Answering Brief First

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    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.

  • AG Watch: DC Faces Congressional Push To End Elected Role

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    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.

  • Navigating DEA Quotas: Key To Psychedelics Industry Growth

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    As new compounds like DOI enter the Schedule I landscape, manufacturers who anticipate U.S. Drug Enforcement Administration quota regulations, and build quota management into their broader strategy, will be best equipped to meet the growing demand, say Kimberly Chew at Husch Blackwell and Jaime Dwight at Promega.

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