Corporate

  • September 01, 2021

    SEC Taps Cyber Biz To Monitor Digital Asset Ecosystem

    The U.S. Securities and Exchange Commission has tapped compliance and cybersecurity company AnChain.AI to analyze the blockchain and decentralized finance space for risk, compliance and policy-making purposes, AnChain.AI said Wednesday.

  • September 01, 2021

    SEC Sues BitConnect, Founder Over 'Ponzi-Like' $2B Scheme

    The U.S. Securities and Exchange Commission launched an enforcement action Wednesday against the defunct crypto marketplace BitConnect, its founder and the lead promoter of BitConnect's ill-fated $2 billion "lending program."

  • September 01, 2021

    The Top In-House Hires Of August

    Legal department hires during August included high-profile appointments at JetBlue Airways Corp. and the National Bar Association. Here, Law360 looks at some of the top in-house announcements from the past month.

  • September 01, 2021

    Morgan Lewis Adds Charity's Former In-House Counsel In SF

    Morgan Lewis & Bockius LLP regained a lawyer who was previously vice president of legal for the philanthropy group Fidelity Foundation.

  • September 01, 2021

    Firms Say ESG Failure Is Risky For Business, Survey Finds

    Almost one in three midsized companies in Britain has expressed fears that they face a "high" or "very high" risk of losing business if they do not address environmental, social and governance issues, according to a survey commissioned by an accounting firm.

  • August 31, 2021

    Anti-Holmes Bias, Abuse Focus In 1st Day Of Jury Selection

    A California federal judge excused over a dozen potential jurors as Elizabeth Holmes' criminal fraud trial kicked off Tuesday, after some wavered on whether they could be unbiased in light of news coverage or recalled personal experiences with domestic abuse — an issue Holmes will likely raise in her defense.

  • August 31, 2021

    Tech Cos. Back Apple High Court Bid To Ax PTAB's Fintiv Rule

    Cisco, Comcast, Roku, Mylan and other companies and industry groups have lined up at the U.S. Supreme Court to support Apple's call for an end to the Patent Trial and Appeal Board's practice of refusing to review patents when a trial is looming in district court.

  • August 31, 2021

    Developer Loses COVID-19 Insurance Coverage Bid In Md.

    A Maryland federal judge on Tuesday handed a win to a Rhode Island-based insurance company in a dispute over COVID-19 coverage, ruling that a sports and entertainment real estate developer had not suffered "direct physical loss or damage" to its properties during the pandemic.

  • August 31, 2021

    New Stockholm Chamber Head Targets Efficiency, Diversity

    The Stockholm Chamber of Commerce has announced that it has appointed Kristin Campbell-Willson as the new secretary general of its Arbitration Institute, spotlighting her success as a leader and "key figure" in the SCC's development.

  • August 31, 2021

    AIG Accused Of Bailing On Billabong Cyberattack Losses

    Great American Insurance Co. says in a California federal court suit that two AIG insurers must help cover losses suffered by the owner of the Billabong and Quiksilver sportswear brands in a 2019 cyberattack, alleging it has paid more than its fair share.

  • August 31, 2021

    Google Play Store Cases Eyeing Fall 2022 Trial

    Google and the people suing it for allegedly monopolizing its Android Play Store "are not far apart" on when they think the trial should kick off, but the tech behemoth is pushing for an October 2022 start date while the plaintiffs want to start a month sooner.

  • August 31, 2021

    SEC Cyber Actions A 'Wake-Up Call' For Brokers, Advisers

    The U.S. Securities and Exchange Commission's latest cybersecurity-related enforcement actions are being seen as a "wake-up call" for broker-dealers and investment advisers who may be cutting corners, showing the agency's exam and enforcement units are now working in full lockstep to protect customers and their data. 

  • August 31, 2021

    NortonLifeLock Beats Investor Suit Over Board Diversity

    A California federal judge has dismissed shareholder derivative claims against NortonLifeLock Inc. that accused the cybersecurity giant's board of failing to uphold its stated commitment to diversity and inclusion.

  • August 31, 2021

    Calif. Health Giant Sutter To Pay $60M To End FCA Claims

    Sutter Health has agreed to pay $60 million to put to rest a False Claims Act suit alleging that the California-based health services provider billed for unsupported diagnoses of Medicare Advantage beneficiaries, according to a settlement announced Monday.

  • August 31, 2021

    DOJ Using 'Hammer' For 'Scalpel' Google Discovery: Judge

    A D.C. federal judge criticized the Justice Department during a status conference Tuesday for what he described as an overly broad demand for Google to turn over information on some 25,000 documents the search giant had redacted or withheld in other antitrust probes over the last 14 years.

  • August 31, 2021

    DOL Creates Unit To Update Unemployment Insurance System

    The U.S. Department of Labor has formed a new office aimed at working with state agencies to update the unemployment insurance system, the department announced Tuesday.

  • August 31, 2021

    NY Giants Want Judge To Hear GC's Taped 'Strangle' Remark

    The New York Giants said Monday that a New Jersey judge should listen to recordings of its general counsel allegedly threatening to "strangle" a former video director, saying the remark was clearly a joke that the fired employee is now using to "maliciously and publicly defame" the team.

  • August 31, 2021

    Ex-Netflix Engineer, Brother Cop To Insider Trading

    A former Netflix software engineer and his brother on Monday admitted to their roles in a $3 million insider trading ring, which prosecutors say profited off confidential information about Netflix's subscriber growth.

  • August 31, 2021

    Tax Attorney Joins White And Williams In Philadelphia

    A tax attorney and certified public accountant looking to further expand his reach has taken his practice to White and Williams LLP, where he joins the firm's Philadelphia office.

  • August 30, 2021

    Law360 MVP Awards Go To 182 Attys From 77 Firms

    The elite slate of attorneys chosen as Law360's 2021 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.

  • August 30, 2021

    Hub Hires: Day Pitney, Holland & Knight, Womble Bond

    In addition to rain and hurricane warnings, the Boston area was awash in attorney hires and other legal industry moves in August, including the wind-down of a boutique employment firm and the launch of a BigLaw outfit's local lobbying arm.

  • August 30, 2021

    Vaccines, Tuition, Race: The Litigation On Law Schools' Radar

    Lawsuits over student vaccine mandates, tuition refunds for remote classes, free speech issues and race-conscious admissions are all being watched closely by law schools as the fall semester begins.

  • August 30, 2021

    How Firms Can Help Law Schools Leap Into The Future

    While law schools are shaping the next generation to fill law firm's ranks, the inverse is also true: law firms can help steward schools even further into a new age of the profession. Here, Law360 Pulse explores how firms can influence change in the law school-to-law firm pipeline.

  • August 30, 2021

    4 Ideas For Updating Law Schools Post-Pandemic

    Law schools were thrown into a lurch during the COVID-19 pandemic, reinvigorating a debate about the need to modernize them. Here, legal experts explain four ways that law schools can continue to evolve post-pandemic.

  • August 30, 2021

    Inside The 'Battleground For The Internet's Soul': Section 230

    The once-obscure Section 230 of the Communications Decency Act, which has enabled platforms like Facebook, Twitter and YouTube to shape the digital world, now faces an increasingly harsh floodlight over the broad immunity it confers on those platforms.

Expert Analysis

  • 3 Tips For Compliance With FTC's New Made In USA Rule

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    The Federal Trade Commission's recently adopted Made In USA Rule means the regulator can more easily impose civil penalties for labeling violations, so advertisers should consider key measures to achieve compliance, including supply chain audits and origin claim reviews, say Tiffany Ferris and Joseph Lawlor at Haynes and Boone.

  • Mass. Ruling A Cautionary Tale For Attorneys Changing Firms

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    The Massachusetts high court's recent ruling in Governo v. Bergeron, that lawyers could be held liable for unfair competition with a former firm, highlights important considerations for departing attorneys soliciting clients to come with them, say Mariana Korsunsky and Gary Ronan at Goulston & Storrs.

  • Opinion

    DOJ Should Weigh Dismissing Every Nonintervened FCA Suit

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    When the U.S. Department of Justice chooses not to intervene in a False Claims Act qui tam lawsuit, it should also evaluate whether dismissal would be appropriate, before defendants, courts and the government spend significant resources on litigation that's unlikely to be successful, say attorneys at DLA Piper.

  • What To Expect From SEC's Insider Trading Reforms

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    With the U.S. Securities and Exchange Commission and Congress contemplating reforms to a rule requiring corporate insiders to disclose plans to trade company holdings, attorneys at King & Spalding explore likely changes to increase transparency and eliminate perceived opportunities to game the system.

  • Opinion

    Federal Cannabis Descheduling Bill Needs More Clarity

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    Although the time is ripe for comprehensive cannabis reform, a recently reintroduced marijuana descheduling bill contains numerous problematic gaps, including lack of clarity on a regulatory framework and little consideration for the challenges of interstate commerce and importations, say attorneys at Perkins Coie and Leafly.

  • What Biden's Tax Proposals May Mean For Int'l Private Clients

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    Jennifer Wioncek and Paul D’Alessandro at Bilzin Sumberg discuss the U.S. Department of the Treasury's recently released explanation of the Biden administration's tax proposals and how the changes would affect income and wealth transfer planning for international private clients.

  • Plaintiff Takeaways From High Court's Goldman Ruling

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    The defense bar has claimed victory following the U.S. Supreme Court’s recent decision in Goldman Sachs v. Arkansas Teacher Retirement System, but the ruling provides plaintiffs with valuable insight for securities fraud class certification battles moving forward, say Marc Gross and Jeremy Lieberman at Pomerantz.

  • Next Steps For Cos. After High Court Patent Assignor Ruling

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    Following the U.S. Supreme Court's recent decision in Minerva v. Hologic limiting a doctrine that bars patent assignors from attacking the validity of patent rights, attorneys at Paul Hastings offer several practical tips for employers, litigants, and parties prosecuting applications from acquired portfolios.

  • How To Avert Media Narrative And Get A Fair High-Stakes Trial

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    Corporate defendants in bet-the-company litigation may face an uphill battle to a fair trial when the media paints an entire industry, and every entity within it, as a villain — but some strategic tools can help build a more constructive defense and counteract damaging outside spin, says Jessie Zeigler at Bass Berry.

  • Rebuttal

    Ad Dispute Process Does Not Boost Class Action Risk

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    While a recent Law360 guest article suggested that proceedings at the National Advertising Division over contested marketing claims may inspire subsequent class actions, the NAD's process can often be a good way for advertisers to resolve disputes with each other while minimizing litigation risk, says Laura Brett at BBB National Programs.

  • Compliance Solutions For Pandemic-Related Fraud Risks

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    As organizations embark on post-pandemic business operations, individuals charged with governance should examine their anti-fraud compliance programs with an eye toward new risks associated with vendor contracts, financial reports and company culture, say Matt Rutter and Rachel Berk at Charles River Associates.

  • Why And How To Link ESG Metrics With Exec Compensation

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    By using various methods to connect executive remuneration with environmental, social and governance metrics, companies can effectively advance their long-term goals and keep up with the increasing public demand for ESG initiatives, say O'Kelly E. McWilliams III and Jennifer Budoff at Mintz.

  • Can A Business Be Sued Under The TCPA For A Single Text?

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    The Fifth Circuit's recent decision in Cranor v. 5 Star Nutrition, that a single text message confers standing to sue under the Telephone Consumer Protection Act, directly rejects the Eleventh Circuit's landmark decision in Salcedo v. Hanna, and sets the stage for the U.S. Supreme Court to weigh in on the TCPA once again, say attorneys at Buchanan Ingersoll.

  • Opinion

    State Courts' Stark Lack Of Diversity Demands Action

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    With state judiciaries lagging their federal counterparts in demographic and professional diversity, law firms, state bar associations and other stakeholders should help build a path for more people with diverse backgrounds to become state judges, say Janna Adelstein and Alicia Bannon at the Brennan Center for Justice.

  • The Road To Class Action May Be Harder After TransUnion

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    The U.S. Supreme Court's recent ruling in TransUnion v. Ramirez promises to intensify battles over Article III standing, with new limits on class action size and damages theories potentially disfavoring plaintiffs under federal statutes, say Greg Marshall and Andrew Jacobs at Snell & Wilmer.

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