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Corporate
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January 23, 2026
CLO Investors Accused Of Rigging Rates In Shift From Libor
Major equity investors in collateralized loan obligations have been sued in Connecticut federal court over claims that they colluded to force corporate leveraged-loan borrowers to accept higher interest rates during the phaseout of the London Interbank Offered Rate, or Libor.
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January 23, 2026
Hasbro Brass Sued Over Magic: The Gathering Card Glut
The top brass of toy company Hasbro Inc. have been hit with a shareholder suit alleging they misled investors about the company's strategy for its popular Magic: The Gathering brand, leading to stock price declines as it was revealed that the game's signature cards were being overprinted.
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January 23, 2026
6th Circ. Won't Revive Bread Financial Investors' Suit
The Sixth Circuit won't resuscitate investor claims against the company now known as Bread Financial Holdings Inc., finding that the suit didn't show how shareholders were misled or defrauded leading up to a corporate spin-off that ended in bankruptcy.
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January 23, 2026
Employment Authority: Lessons From Trump, UAW Interaction
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how an interaction between a United Auto Workers member and President Donald Trump at a Michigan Ford plant could be a lesson for employers and unions on how to handle political speech in the workplace, a look at five trends among paid leave laws that took place in the United States in January and how the Pregnant Workers Fairness Act could land before the U.S. Supreme Court after the Fifth Circuit granted en banc review to a case challenging whether the law was validly enacted.
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January 23, 2026
Cartiva Hid Toe Implant Safety Info, Pa. Woman's Suit Claims
Cartiva Inc. was sued Thursday in Pennsylvania federal court by a woman who claims that she was injured by a recalled defective toe implant device and that the company has concealed its safety data from regulators and medical providers.
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January 23, 2026
Comerica Investor Seeks TRO To Halt $10.9B Fifth Third Deal
A Comerica Inc. activist investor sued in Delaware's Court of Chancery Friday for an emergency temporary restraining order to block the company from closing Feb. 1 on a proposed $10.9 billion, all-stock acquisition by Fifth Third Bancorp, branding the terms as "fire sale" and tainted by fiduciary breaches.
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January 23, 2026
10th Circ. Asked To Overturn Mail Scam Fraud Convictions
Two former Epsilon Data Management LLC employees convicted for their roles in selling data to mail scammers who preyed on the elderly and vulnerable asked the Tenth Circuit to overturn their convictions Friday, while the panel questioned the government's conspiracy case against Epsilon's former business manager.
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January 23, 2026
Coinbase Moves To End Suit Over SEC, 'Bankruptcy' Warnings
Coinbase and its top brass have again urged a New Jersey federal judge to toss a class action alleging the cryptocurrency exchange misled investors about its regulatory risks and bankruptcy concerns, arguing investors were given enough notice about a U.S. Securities and Exchange Commission investigation and that new Third Circuit rulings undercut the suit's claims.
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January 23, 2026
2nd Circ. Judges Appear At Odds On Arbitration Ban's Reach
Two Second Circuit judges expressed oftentimes conflicting interpretations of the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act during a case hearing Friday, engaging in a lengthy debate hinged on what claims the arbitration shield can keep in court.
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January 23, 2026
How Data, Pies And An FTC Twist Helped Close A $13B Deal
For the Willkie Farr & Gallagher LLP attorneys advising The Interpublic Group of Companies Inc. on its blockbuster merger with Omnicom Group Inc., reaching the finish line came with an unusual antitrust concession: a Federal Trade Commission agreement aimed at the politics of ad placement.
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January 23, 2026
New Zynex Leaders Acknowledge Fraud Arrests Of Ex-Execs
Corporate leaders of bankrupt medical device maker Zynex Inc. said that they were aware of the federal arrests and indictments of the company's former CEO and chief operating officer earlier in the week but that they are no longer employed by the business and have been removed from any position they previously held.
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January 23, 2026
Full 9th Circ. Won't Review Google Maps Antitrust Case
The full Ninth Circuit won't reconsider an appellate panel's recent decision refusing to revive a proposed antitrust class action alleging Google's terms suppresses competition by locking out rival maps products and jacking up developer costs up to 1,400%, according to a brief order issued Thursday.
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January 23, 2026
DJI Challenges Broad FCC Ban On Sales Of Its Drones
Drone-maker DJI has petitioned the Federal Communications Commission to reconsider a December decision the company says effectively bars many of its products from being marketed, sold or imported into the U.S., arguing the agency exceeded its authority and violated the company's constitutional rights.
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January 23, 2026
GC Cheat Sheet: The Hottest Corporate News Of The Week
The EEOC voted to retract major harassment and discrimination protections as civil rights advocates protested. And Goldman Sachs denied rumors it was easing out its prominent chief legal officer despite the lingering stigma over her association with the late sex offender Jeffrey Epstein.
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January 23, 2026
Reforms, $737.5K Fee Proposed To End Del. Skin Tech Suit
A mediated deal on corporate governance reforms and a fee and expenses award have tentatively settled a consolidated Delaware Court of Chancery derivative suit targeting oversight and disclosure failures involving a "hydrafacial" skin treatment device that cost The Beauty Health Co. at least $63.2 million to manage.
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January 23, 2026
X Can't Access OpenAI Source Code In Antitrust Suit
A Texas federal court will not force OpenAI Inc. to hand over its source code in an antitrust case from Elon Musk's X Corp. over the artificial intelligence company's deal to integrate ChatGPT on Apple devices.
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January 23, 2026
Taxation With Representation: Vinge, A&O Shearman, Cassels
In this week's Taxation With Representation, Swedish private equity company EQT buys U.K. secondaries firm Coller Capital, biopharmaceutical giant GSK PLC acquires Rapt Therapeutics Inc., and fusion energy company General Fusion announces plans to go public by merging with special purpose acquisition company Spring Valley Acquisition Corp. III.
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January 23, 2026
Chancery Says Daxko Noncompete Is Unenforceable
The Delaware Chancery Court has recommended dismissing a lawsuit brought by software company Daxko LLC and its parent Diamond Parent LP against a former sales executive, concluding that the sweeping noncompete agreement at the center of the dispute is unenforceable under Delaware law.
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January 23, 2026
Live Nation Antitrust Judge Wants To 'Punt' On State Claims
A federal judge in Manhattan asked Friday whether federal and state authorities accusing Live Nation of stifling competition in live entertainment would consent to staying the state law claims and focus on federal claims in an upcoming trial so it won't end up "lasting five years."
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January 22, 2026
TikTok Seals Joint Venture Deal For US Operations
TikTok's Beijing-based owner, ByteDance, has sold a majority stake in the video app's U.S. operations to a new U.S.-based joint venture managed by a group of non-Chinese investors in order to comply with a congressional mandate and avoid the app's shutdown, the company announced Thursday.
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January 22, 2026
Google, Epic Fight Uphill To Tweak App Antitrust Injunction
A California federal judge indicated Thursday that he's unlikely to grant Epic and Google's request to modify a permanent injunction issued after a jury found Google monopolized the distribution of apps on Android devices, saying they have to show changed circumstances, and "I haven't seen anything change, other than a deal" between the companies.
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January 22, 2026
Ford, GM Industrial Bank Bids Get FDIC Approval
The Federal Deposit Insurance Corp. said Thursday that it has signed off on industrial loan company applications from Ford Motor Co. and General Motors Co., clearing the two automakers to open federally insured banking units over objections from community bankers.
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January 22, 2026
Panel Pushes Ex-Texans CEO's Son On Probate Jurisdiction
A Texas appeals court on Thursday pushed the son of deceased billionaire and Houston Texans founder Robert McNair to explain why a probate court has no jurisdiction over claims that he surreptitiously placed poison pill agreements into the companies he ran.
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January 22, 2026
SEC Approves Cuts To PCAOB Budget, Board Member Salaries
The U.S. Securities and Exchange Commission on Thursday approved a 2026 budget for the Public Company Accounting Oversight Board that includes a 9.4% decrease overall from the prior year and cuts upward of 42% for board members' compensation.
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January 22, 2026
Docs Ask NJ Justices To Send Allstate RICO Case To Arbitration
Medical providers facing a racketeering suit from Allstate units pressed the New Jersey Supreme Court on Thursday to compel the insurers to arbitrate even large-scale fraud and racketeering claims tied to personal injury protection benefits under the state's no-fault statute, as the justices questioned whether that was feasible.
Expert Analysis
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2026 Enforcement Trends To Expect In Maritime And Int'l Trade
The maritime and international trade community should expect U.S. federal enforcement to ramp up in 2026, particularly via Office of Foreign Asset Control shipping sanctions, accelerating interagency investigations of trade fraud, and U.S. Coast Guard narcotics and pollution inspections, say attorneys at Holland & Knight.
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Roundup
Massachusetts Banking Brief
In this Expert Analysis series, attorneys provide quarterly recaps discussing the biggest developments in Massachusetts banking regulation and policymaking.
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SEC Virtu Deal Previews Risks Of Nonpublic Info In AI Models
The U.S. Securities and Exchange Commission’s recent settlement with Virtu Financial Inc. over alleged failures to safeguard customer data raises broader questions about how traditional enforcement frameworks may apply when material nonpublic information is embedded into artificial intelligence trading systems, says Braeden Anderson at Gesmer Updegrove.
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Series
Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
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Shopify Suit Is An Early Antitrust Test Of 'Buy Now, Pay Later'
An ongoing antitrust suit in Minnesota federal court filed by Sezzle against Shopify — one of the earliest such lawsuits focused on buy now, pay later services — could play a particularly informative role in how short-term credit offerings and the broader market develop, say attorneys at Alston & Bird.
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Examining Privilege In Dual-Purpose Workplace Investigations
The Sixth Circuit's recent holding in FirstEnergy's bribery probe ruling that attorney-client privilege applied to a dual-purpose workplace investigation because its primary purpose was obtaining legal advice highlights the uncertainty companies face as federal circuit courts remain split on the appropriate test, say attorneys at Proskauer.
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Hot Topics For Family Offices In 2026
For family offices, the throughline of 2026 is disciplined readiness, as navigating impact from the One Big Beautiful Bill Act and platform maturation will be necessary to preserve flexibility and enhance client outcomes, say attorneys at Morgan Lewis.
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Opinion
The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.
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Autonomous AI Attacks Demarcate Shift In Risk Landscape
Anthropic and OpenAI recently disclosed cyberattacks where an artificial intelligence agent was the primary attacker, illustrating immediate implications for corporate governance, contracting and security programs as companies integrate AI with their business systems, say Rahul Mukhi and Melissa Faragasso at Cleary and Brian Lichter at Stroz Friedberg.
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2025's Defining AI Securities Litigation
Three securities litigation decisions from 2025 — involving General Motors, GitLab and Tesla — offer a preview of how courts will assess artificial intelligence-related disclosures, as themes such as heightened regulatory scrutiny and risk surrounding technical claims are already taking shape for the coming year, say attorneys at Cooley.
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How 11th Circ.'s Zafirov Decision Could Upend Qui Tam Cases
Oral argument before the Eleventh Circuit last month in U.S. ex rel. Zafirov v. Florida Medical Associates suggests that the court may affirm a lower court's opinion that the qui tam provisions of the False Claims Act are unconstitutional — which could wreak havoc on pending and future qui tam cases, say attorneys at Morgan Lewis.
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Targeted Action, Rule Tweaks Reflect 2025 AML Priority Shifts
Though 2025’s anti-money-laundering landscape was characterized not by volume of penalties but by the strategic recalibration of how illicit finance risk is handled, a series of targeted enforcement actions signaled that regulators aren't easing off the accelerator, even as they refine the rules of the road, say attorneys at MoFo.
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Series
Mass. Banking Brief: All The Notable Legal Updates In Q4
Among the most significant developments on the banking regulation front in Massachusetts last quarter, Attorney General Andrea Joy Campbell announced her bid for reelection, and the state Division of Banks continued its fintech focus by finalizing rules implementing a new money transmitter law, say attorneys at Nutter.
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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.