President Donald Trump has established a committee to investigate mortgage fraud allegations against Federal Reserve Gov. Lisa Cook and to determine if they provide sufficient grounds to fire her, according to a memo released Friday by the White House.
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Trump Picks Panel To Consider Claims Against Fed's Cook

By Jon Hill

President Donald Trump has established a committee to investigate mortgage fraud allegations against Federal Reserve Gov. Lisa Cook and to determine if they provide sufficient grounds to fire her, according to a memo released Friday by the White House.

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Warren Presses Fed For Details Of Early SVB Report Access

By Jon Hill

The U.S. Senate Banking Committee's top Democrat is calling on Federal Reserve officials for answers after some outside experts were given an early look at a recent independent report on Silicon Valley Bank's collapse, questioning who authorized the access and how recipients were chosen.

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Calif. Hotels Give Chinese Bank Path To $209M In Awards

By Joyce Hanson

A California federal judge has refused to dismiss a Chinese bank's lawsuit seeking to enforce about $209 million in arbitral awards against a businessperson, ruling that hotels he bought in the state give the court jurisdiction over the case even though he doesn't live in the U.S.

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ENFORCEMENT & COMPLIANCE

Payday Lender Says Baltimore Oversteps Its Power With Suit

By Katryna Perera

Dave Inc. has pushed back on a lawsuit brought by the city of Baltimore, saying the municipality has exceeded its powers by using a local ordinance to accuse the payday lender of charging excessive interest rates on its products.

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Cybercrime Laundering Leader Pleads Guilty In $10M Scheme

By Corey Rothauser

A Ukrainian-Russian dual citizen pleaded guilty in North Carolina federal court to helping run an international money laundering organization that recruited more than 15,000 U.S. residents to transfer money stolen by hackers, federal prosecutors said.

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LITIGATION

Atty Wrongly Axed CitiMortgage Suit, Clients Tell NC Justices

By Corey Rothauser

A couple asked the North Carolina Supreme Court to revive their lawsuit against CitiMortgage Inc., claiming their attorney permanently dismissed their claims without their permission when they had agreed only to a dismissal that would allow them to refile.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen PrivatBank sue its former oligarch owner, building materials provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding and energy giants VaroPreem and Viaro Energy become embroiled in an intellectual property row.

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EXPERT ANALYSIS

Series

Calif. Banking Brief: All The Notable Legal Updates In Q3

California's financial regulators spent the third quarter of 2026 focusing on consumer protection enforcement at home while resisting federal efforts to displace state oversight — reinforcing the state's intention to shape the compliance landscape for institutions operating within its borders despite federal deregulatory trends, say attorneys at Ropes & Gray.

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Calif. Decision Shows Limits Of Self-Serving Testimony

A California appellate court's recent opinion in a dispute between two home renovation partners is a reminder that where there are admissions or undisputed documentary evidence, litigants need more than self-serving testimony to overcome summary judgment, says Tyler Palmer at Tucker Ellis.

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LEGAL INDUSTRY

Squire Patton, Holland & Knight Report Data Breaches

By Jake Maher

Squire Patton Boggs LLP and Holland & Knight LLP were hit with cyberattacks exposing sensitive information, according to disclosures filed this week.

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Up Next At High Court: Criminal Sentences & Video Privacy

By Katie Buehler

The U.S. Supreme Court will close out its October sitting by hearing oral arguments in two cases that ask what level of deference federal district courts should give to commentary interpreting the federal sentencing guidelines, and what purchases are protected under a video consumer privacy statute.

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DOJ Aims To 'Attack Fraud From All Angles' Via New Division

By Sarah Jarvis

The U.S. Department of Justice's new fraud division has issued fresh guidance on its prosecution methodology, with the division's head directing prosecutors to seize assets before indictments and pursue upward variances in sentencing guidelines in some cases as part of a stated push to use the division's "full arsenal of criminal statutes" in combating fraud.

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Ill. Judge Lays Out Doc Demands For DOJ Misconduct Probe

By Lauraann Wood

An Illinois federal judge asked the government Friday to turn over six months of communications and certain other records as she investigates in-court inaccuracies Chicago prosecutors offered while prosecuting six anti-immigration protesters, rejecting its request to seal a filing in the process.

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Atty With False AI Citation Filings Ordered To Pay $39K

By Bonnie Eslinger

A New York federal judge who imposed case-terminating sanctions on an attorney who submitted filings with false citations generated by artificial intelligence ordered him on Friday to pay nearly $39,000 to lawyers who uncovered the problematic AI use, noting he had given them the "runaround" when they tried to collect directly.

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Grassley Attacks Dems' Claims Of Rule-Breaking Over Hearing

By Courtney Bublé

Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, clapped back at Democrats for their accusations that Republicans broke Senate rules during a hearing last week at which former special counsel Jack Smith appeared.

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Calif. Jurists' Atty Tips: 'Emulate Lincoln,' 'Don't Be Boring'

By Bonnie Eslinger

Three current and former Northern California federal judges and one Morrison Foerster LLP partner during a Federal Bar Association panel discussion Thursday gave attorneys tips on "courtroom persuasion," including knowing the judges, keeping things interesting and, like the nation's 16th president, getting quickly to the winning point.

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Brief

Legal Services NYC Gets $2.5M To Build Novel Resource Hub

By Tracey Read

Legal Services NYC announced Friday that it has been awarded a $2.5 million grant from the New York State Interest on Lawyer Account Fund to create a first-of-its-kind statewide knowledge-sharing platform to help legal advocates spend more time seeking justice for low-income clients.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

The new federal fraud division is threatening faster action and broader targets under a new enforcement policy announced recently. And the SEC warned shareholder advocacy groups that join forces could face legal scrutiny in the future. These are some of the stories in corporate legal news you may have missed in the past week.​

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Law360's Legal Lions Of The Week

By Kevin Penton

Quinn Emanuel Urquhart & Sullivan LLP, Sullivan & Cromwell LLP and Alston & Bird LLP lead this week's edition of Law360 Legal Lions, after the Sixth Circuit overturned a pivotal decision in multidistrict opioid litigation that had dramatically expanded claims against the nation's largest pharmacy benefit managers.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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COMPANIES IN TODAY'S NEWS

Abbott Laboratories

Academy Mortgage Corp.

Accenture PLC

Adidas AG

Agri Stats Inc.

Align Technology Inc.

American International Group Inc.

Anthropic PBC

Apple Inc.

Association of Corporate Counsel

Autogrill SpA

Bank of America Corp.

Bank of Canada

Bibby Financial Services Ltd.

Chime Financial Inc.

Citigroup Inc.

Core Construction Group Ltd.

Credit Suisse Group AG

DP World Ltd.

Dave Inc.

Dell Technologies Inc.

Dnata

ENI SpA

Emulate Inc.

Essex Woodlands Health Ventures Inc.

Express Scripts Holding Co.

Exxon Mobil Corp.

Federal Bar Association

Financial Industry Regulatory Authority Inc.

GoldenTree Asset Management LP

Kingspan Group PLC

Legal Services NYC

Liberty Mutual Insurance Group

LinkedIn Corp.

Masimo Corp.

MasterCard Inc.

Meta Platforms Inc.

Moderna Inc.

National Farmers Union

Netflix Inc.

New York University

OpenAI OpCo LLC

OptumRx Inc.

Otis Worldwide Corp.

PTC Inc.

Paramount Global

QBE Insurance Group Ltd.

Red Bull GmbH

SVB Financial Group

Schneider Electric

Skydance Media LLC

Solicitors Regulation Authority Ltd.

Suncor Energy Inc.

Thales SA

The Clorox Co.

Thomson Reuters Corp.

Toronto-Dominion Bank

Toshiba Corp.

Uber Technologies Inc.

UniCredit

United Airlines Holdings Inc.

United Parcel Service Inc.

United Therapeutics Corp.

Victoria's Secret & Co.

Visa Europe

Walmart Inc.

Warner Bros. Discovery Inc.

Yamazaki Mazak Corp.

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Adams & Reese

Akerman LLP

Alston & Bird

Arnold & Porter

Ashurst Perkins

Bailey & Glasser

Baker & Hostetler

Baker McKenzie

Barnes & Thornburg

Berger Montague

Bridge McFarland

Brodies LLP

Brown Rudnick

CMS Cameron McKenna Nabarro Olswang

Cheronis & Parente

Clement & Murphy

Cohen Ziffer

Cooley LLP

Cotsirilos Poulos

Covington & Burling

Cripps LLP

DAC Beachcroft

DLA Piper

DWF LLP

Davis Polk

Debevoise & Plimpton

Dentons

Enyo Law

Eversheds Sutherland

Freeths LLP

Freshfields

Fridman Fels

Gibson Dunn

Gowling WLG

Hagens Berman

Hamlins LLP

Hill Dickinson

Hogan Lovells

Holland & Knight

Humphries Kirk

Husch Blackwell

Jones Day

Keystone Law

King & Wood Mallesons

Kirkland & Ellis

Knobbe Martens

Koffsky Schwalb

Langsam Stevens

Latham & Watkins

Law Office of Steven A. Feldman & Associates

Law Offices of Thomas J. Thomas

Lewis Silkin

Lowell & Associates

Mandelbaum Barrett

Morgan Lewis

Morrison & Foerster

Nabarro LLP

Nelson Mullins

O'Melveny & Myers

Orrick Herrington

Paul Weiss

Phi Finney McDonald UK

Quattlebaum Grooms

Quinn Emanuel

Radice Law Firm

Reece Moore Pedergraft

Ropes & Gray

Rutan & Tucker

Sanford Heisler

Setfords Solicitors

Seyfarth Shaw

Shakespeare Martineau

Shoosmiths LLP

Sidley Austin

Skadden Arps

Spertus Josephs

Squire Patton

Stephenson Harwood

Sterling Lawyers

Sullivan & Cromwell

Taft Stettinius

Taylor Rose

Tucker Ellis

Vinson & Elkins

Wallace LLP

Ward Hadaway

White & Case

Womble Bond

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

Companies House

Competition Appeal Tribunal

Equal Employment Opportunity Commission

Federal Bureau of Investigation

Federal Financial Institutions Examination Council

Federal Housing Finance Agency

Federal Reserve System

Federal Trade Commission

Financial Conduct Authority

Internal Revenue Service

Maryland General Assembly

National Economic Council

Office of the Comptroller of the Currency

U.S. Attorney's Office

U.S. Attorney's Office for the Northern District of Illinois

U.S. Attorney's Office for the Western District of North Carolina

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the District of Maryland

U.S. District Court for the District of Oregon

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. Immigration and Customs Enforcement

U.S. Office of Government Ethics

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Sentencing Commission

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)