Recent Federal Energy Regulatory Commission enforcement orders highlight the agency's focus on whether electricity market participants are delivering the power and services they've promised, and attorneys say data center-fueled increases in U.S. power demand may further intensify FERC's scrutiny.
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TOP NEWS

Analysis

Demand Boom May Deepen FERC's Power-Market Scrutiny

By Keith Goldberg

Recent Federal Energy Regulatory Commission enforcement orders highlight the agency's focus on whether electricity market participants are delivering the power and services they've promised, and attorneys say data center-fueled increases in U.S. power demand may further intensify FERC's scrutiny.

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Meta Should Have Warning Label, NM Witness Says

By Cara Salvatore

New Mexico unveiled further details of safeguards it says a court should impose on Meta in a $3.7 billion bench trial, calling an expert witness Tuesday who said displaying a warning pop-up to minors is an idea that's backed by the former surgeon general and desperately needed.

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Whistleblower Attys Seek $96.5M After Fluor Fraud Verdict

By Ganesh Setty

Counsel for five False Claims Act whistleblowers have asked a South Carolina federal court for fees and costs totaling roughly $96.5 million following a jury's $15 million verdict against Fluor Corp. over its logistical support services for the U.S. military in Afghanistan.

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FCC Asks DC Circ. To End Nexstar-Tegna Merger Challenges

By Jared Foretek

The Federal Communications Commission is calling on the D.C. Circuit to dismiss challenges to its approval of the Nexstar-Tegna deal outright, arguing that the appeals court lacks jurisdiction because approval came from its Media Bureau staff rather than the full commission, and thus wasn't a final agency action.

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Judge Blocks Arizona From Policing Prediction Markets

By Aislinn Keely

A Phoenix federal judge on Tuesday barred Arizona officials from enforcing state gambling laws against federally regulated prediction market platforms in an order finding that the federal government is likely to succeed on claims that the event contracts at issue are swaps beyond the reach of state regulators.

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DOJ Asks To Toss Subpoena Defeats In Powell Case As Moot

By Sarah Jarvis

The U.S. Department of Justice has asked a Washington, D.C., federal judge to vacate his decisions that blocked subpoenas from its now-closed criminal investigation into Federal Reserve Chair Jerome Powell, arguing that the slate should be wiped clean on mootness grounds.

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SECURITIES & BANKING

Chemours Investor Suit Over Financial Metrics Axed, For Now

By Bonnie Eslinger

A Delaware federal judge on Friday dismissed a proposed class action brought by Chemours investors alleging that the chemical company's executives manipulated financial metrics for personal gain, saying the plaintiffs didn't show the existence of a material misrepresentation.

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SEC Lifts NY Atty's Lifetime Practice Ban

By Katryna Perera

The U.S. Securities and Exchange Commission on Tuesday lifted a lifetime ban preventing a New York attorney from practicing before the agency, following an attempt to leverage a client's testimony before the SEC.

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SEC Floats Trump-Approved Semiannual Reporting Reg

By Jessica Corso

The U.S. Securities and Exchange Commission on Tuesday proposed a regulation that will allow publicly traded companies to report their earnings every six months instead of every three, a policy championed by President Donald Trump for years and one that SEC leadership hopes will encourage more initial public offerings.

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BlackRock, State Street Push To Trim Red State AGs' Suit

By Katryna Perera

BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."

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Santander Says Ex-Adviser Poached Lion's Share Of Clients

By Emilie Ruscoe

Santander Bank and its investment adviser unit have sued a former employee, alleging that he improperly wooed away the vast majority of his clients when he decamped for a competitor.

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NJ-NY Tunnel Commission Asks Court To Toss PLA Challenge

By Emily Brill

The Gateway Development Commission asked a New Jersey federal judge to toss a construction contractor's constitutional challenge to a project labor agreement that the commission used on a Hudson Tunnel Project initiative, saying the PLA requirement that the contractor is fighting doesn't violate the right to freedom of association.

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CRYPTO & FINTECH

Bittrex Seeks To Undo $24M Judgment After SEC Crypto Pivot

By Ben Adlin

Bankrupt cryptocurrency exchange Bittrex urged a Seattle federal judge to toss a $24 million judgment entered as part of a 2023 settlement with the U.S. Securities and Exchange Commission, arguing that the agency has since done an "about-face" on crypto and abandoned its position that digital tokens are securities.

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Deutsche, Pathward Want Fintech Blacklist Suit Tossed

By Sydney Price

Deutsche Bank AG and Pathward NA urged a New York federal court to dismiss a suit accusing them of improperly blacklisting a barter-based payment platform that the banks found was "transaction laundering" for companies selling gray-market pharmaceuticals, arguing that the suit's jurisdiction assertions are fatal to the claims.

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Banks Say Stablecoin Yield Fix For Crypto Bill 'Falls Short'

By Aislinn Keely

Five banking groups say proposed language governing interest and rewards payments on stablecoins, intended to advance a bill to regulate crypto markets, "falls short," while the lawmakers behind the proposal say they've worked directly with banks for months to "encourage compromise." 

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ENERGY & ENVIRONMENTAL

Native CDFI Says EPA Froze, Then Killed, $400M Grant

By Crystal Owens

Native CDFI Network Inc. is suing the United States for terminating a $400 million Greenhouse Gas Reduction Fund grant, saying the U.S. Environmental Protection Agency invoked "a potpourri of shifting reasons" for the cancellation before landing on the assertion its priorities had changed.

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Permits Will Lead To Red Snapper 'Overfishing,' Groups Say

By David Minsky

Federal permits exempting recreational anglers in Florida and three other southeastern states from annual red snapper catch limits will lead to "overfishing" in the South Atlantic, commercial fishing groups and businesses alleged in a lawsuit filed on Tuesday in D.C. federal court.

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EPA Says Clean Water Act Doesn't Impose PFAS Sludge Curbs

By Elaine Briseño

The U.S. Environmental Protection Agency told the D.C. Circuit Tuesday that the lower court rightly found farmers, who accused the agency of not regulating "forever chemicals" in sewage sludge, did not identify how the agency violated the Clean Water Act.

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EMPLOYMENT & BENEFITS

DC Circ. Says SEC Whistleblower Denial Doesn't Pass Muster

By Jessica Corso

The D.C. Circuit has dinged the U.S. Securities and Exchange Commission for failing to adequately explain why it denied a whistleblower award to an anonymous individual who brought forth information leading to a successful enforcement action, ordering the commission to reconsider whether it was in the public interest to deny the man's claim.

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4th Circ. Backs Raytheon In Ex-Workers' Vaccine Bias Case

By Patrick Hoff

The Fourth Circuit upheld RTX Corp.'s defeat of a lawsuit claiming it forced out employees who received religious exemptions to its COVID-19 vaccine policy, ruling Tuesday that the ex-workers behind the suit filed their claims too late.

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Whistleblower Says SEC Rule Shift Cost Him Bounty

By Jared Foretek

A D.C. Circuit panel appeared split on its interpretation of the statute governing the U.S. Securities and Exchange Commission's whistleblower rewards in a case involving an anonymous tipster claiming he was due compensation even though he failed to take the information directly to the agency.

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PUBLIC INTEGRITY

DOJ Says Harvard Ignored More Admissions Data Demands

By Carolyn Muyskens

The U.S. Department of Education said Harvard still hasn't provided information the agency requested as part of an investigation into the university's compliance with the Supreme Court's decision ending affirmative action in college admissions.

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INTERNATIONAL TRADE

DOT, Mexico Inching Toward 'Consensus' In Airport Slots Fight

By Linda Chiem

The U.S. Department of Transportation said Tuesday that Mexico has tentatively agreed to reconsider some of its restrictions on flights into Mexico City's Benito Juárez International Airport, signaling there's some headway being made in a dispute over alleged violations of a decade-old bilateral air transport agreement.

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HEALTHCARE & LIFE SCIENCES

Mylan Strikes $4.5M Deal With Maryland Over EpiPen Pricing

By Gina Kim

Mylan Pharmaceuticals will pay $4.5 million to resolve allegations by the state of Maryland that Mylan acted anticompetitively when it ratcheted up costs of its portable auto-injectable EpiPen device that's used during life-threatening allergic reaction episodes, according to a recent announcement.

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Pa. Sues Character.ai For Bot Acting Like A Doctor

By P.J. D'Annunzio

The state of Pennsylvania and its medical licensing board have sued Character Technologies Inc. for allegedly allowing an AI chatbot generated on its platform to engage in the unlicensed practice of medicine with members of the public.

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Wash. Panel Revives GLP-1 Health Plan Coverage Fight

By Gianna Ferrarin

A Washington state appeals court revived a proposed class action by state employees alleging their benefit plan discriminatorily barred health coverage for GLP-1 medications treating obesity, finding a lower court should have allowed the case to proceed to discovery.

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CYBERSECURITY & PRIVACY

NC Law Firm Can Pursue Coverage In $510K Loan Fraud Row

By Danielle Ferguson

A North Carolina federal judge on Tuesday said a professional liability insurer must face claims that it has to defend a law firm against allegations it was responsible for a $510,000 fraudulent home loan, finding documents in the closing package could preserve coverage. 

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CONSUMER PROTECTION & PRODUCT LIABILITY

Hemp Powder Buyer Says Amazon Images Don't End Claims

By Mike Curley

A woman leading a proposed class action alleging Tilray Brands Inc. misleads consumers about the protein content of its hemp powders is pushing back against the company's dismissal bid, saying its latest motion is based on inadmissible evidence in the form of website printouts and other outside materials.

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Cannabis Giants Sued Over Mental Health Marketing

By Jonathan Capriel

Recreational cannabis users hit some of the industry's largest companies — Cresco Labs, Green Thumb Industries, Verano Holdings and Curaleaf — with two sprawling lawsuits alleging the businesses overcharged for products deceptively marketed as safe and effective treatments for mental health disorders.

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TELECOMMUNICATIONS

Brief

FCC Chair Carr Promotes 6 In Key Legal, Policy Roles

By Christopher Cole

The Federal Communications Commission's staff are playing musical chairs, and it means high-level promotions for a half-dozen legal aides of agency chief Brendan Carr.

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TRANSPORTATION

Ocean Carrier Says FMC's In-House Court, $45M Award Illegal

By José Luis Martínez

An ocean carrier asked a Texas federal judge Tuesday to freeze Federal Maritime Commission cases against it and vacate a $45 million initial decision issued in one of them, arguing that the agency's in-house adjudication process is unconstitutional.

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1st Circ. Sees Role As Limited In Trans Passport Fight

By Julie Manganis

A First Circuit panel on Tuesday told attorneys for both the government and a class of transgender and nonbinary people that because the class has asked to vacate a preliminary order blocking a Trump administration policy requiring that passports bear a person's sex assigned at birth, the court no longer has authority to issue an opinion.

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TAX

IRS To Implement Digital Signatures In Penalty Approvals

By Kat Lucero

The Internal Revenue Service agreed to require supervisors to use digital signatures to approve tax penalties as a way to prevent improper backdating and other edits to the approval documents, the agency watchdog said in a report released Tuesday.

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IRS Beats Suit Claiming Secret Rule Targeted Stock Plan

By Asha Glover

A transportation company cannot pursue its claims that the IRS adopted a secret rule that targeted its stock ownership plan, a Wisconsin federal judge ruled, throwing out the company's suit.

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PEOPLE

Kilpatrick Adds Buchalter Financial Services Partner In Seattle

By Ben Adlin

Attorney Marcus J. Williams joined Kilpatrick Townsend & Stockton LLP's Seattle office as a partner in its financial institutions team, the firm announced Tuesday, saying the hire from Buchalter PC would help bolster Kilpatrick's growth in the Pacific Northwest and Intermountain Region.

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Duane Morris Integrates Gambling, Sports Industry Groups

By James Boyle

The growing popularity of betting in sports has prompted Duane Morris LLP to respond to the meshing of the two sectors by integrating its sports and gambling law groups.

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Freshfields Adds Skadden White Collar Lawyer In DC, NY

By Jack Rodgers

Freshfields LLP has hired a Skadden Arps Slate Meagher & Flom LLP white collar defense lawyer, who spent years working as a federal prosecutor investigating corporate financial crime, international money laundering and other related matters.

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Taft Brings Seward Gov't Practice Chair To New NYC Office

By Andrea Keckley

Less than a month after launching in New York City, Taft Stettinius & Hollister LLP announced Tuesday that its newest office has brought on a former federal prosecutor who most recently chaired Seward & Kissel LLP's government enforcement and investigations practice.

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EXPERT ANALYSIS

Bet On Prediction Market Regulation To Accelerate

Watershed developments concerning prediction markets — such as the first insider trading charges, major speeches from U.S. Commodity Futures Trading Commission leadership, and the introduction of rulemaking and legislation — dominated the first quarter of 2026, a trend that will likely continue throughout the rest of the year, say attorneys at K&L Gates.

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Opinion

Financial Meltdown Fears Don't Warrant Private Credit Regs

Recent withdrawals from business development companies have resurfaced theories that private credit growth poses a crisis-level risk to the financial system, but arguments that more regulation is needed should be viewed with beady and careful eyes, says James Deeken at Akin.

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Opinion

Congress Should Ax Privacy Bill For Not Shielding Consumers

The SECURE Data Act should be rejected because, despite Congress' claims, it would not meaningfully rein in data practices, but instead would weaken enforcement, eliminate stronger protections and prioritize data extraction over consumer protection and accountability, say attorneys at DiCello Levitt.

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How Oregon Ruling Affects Federal Gender Care Crackdown

In a favorable development for healthcare providers, an Oregon federal court recently vacated certain U.S. Department of Health and Human Services restrictions on gender-affirming care for minors, but the government's broader campaign against this care, including proposed rulemaking and agency investigations, leaves significant uncertainty, say attorneys at Arnold & Porter.

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LEGAL INDUSTRY

The 2026 Lawyer Satisfaction Survey: Make Your Voice Heard

How is your work-life balance? Are you content with your compensation and opportunities for advancement at work? Take the 2026 Law360 Lawyer Satisfaction Survey and share your thoughts.

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DOJ Atty Faces Possible Discipline Over DHS 'Lack Of Candor'

By Lauren Berg

A Rhode Island federal judge, whom the U.S. Department of Homeland Security criticized for releasing a noncitizen with an alleged overseas warrant for homicide, on Tuesday said she is referring an assistant U.S. attorney for disciplinary proceedings for not disclosing the warrant to her beforehand.

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Audio

Approach The Bench: Justice Bacon On School Accreditation

By Cara Bayles and Steven Trader

State high courts are responsible for regulating the legal profession in their jurisdictions, and so New Mexico Supreme Court Justice C. Shannon Bacon thinks it's only right that justices reevaluate the principles behind law school accreditation.

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Ga. Justices Sanction Asst. DA For AI Errors In Murder Case

By Lauren Berg

The Georgia Supreme Court on Tuesday sanctioned a Clayton County assistant district attorney for filing briefs that contained nonexistent case citations generated by artificial intelligence in a murder defendant's bid for a new trial, saying the prosecutor's misconduct has "sidetracked" the justices from delving into the merits of the appeal.

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Analysis

High Court Clarity On Subpoenas Creates Murky Path For AGs

By Carla Baranauckas

The U.S. Supreme Court's unanimous decision that the New Jersey Attorney General's Office infringed free speech by asking an anti-abortion nonprofit to release donor names gives nonprofits and companies more leverage for challenging subpoenas at the outset, although the question remains if and how attorneys general and other enforcers can ultimately obtain sought-after information following a constitutional affront.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Arnold & Porter

Blank Rome

Bracewell LLP

Buchalter LLP

Buzbee Law Firm

Cassidy Coates Price PA

Cleary Gottlieb

Clement & Murphy

Connell Foley

Cooper & Kirk

Covington & Burling

DTO Law

Davis Wright Tremaine

DiCello Levitt

Duane Morris

Eppes & Plumblee

FBT Gibbons

Farnan LLP

Fox Rothschild

Franks Gerkin

Freshfields

Gellert Seitz

Genova Burns

Gibson Dunn

Jacobson & John

Jenner & Block

K&L Gates

Kelley Drye

Kellogg Hansen

Kilpatrick Townsend

King & Spalding

Kohn Kohn

Law Office of Melanie Shapiro

Lehotsky Keller

Loevy & Loevy

Lowenstein Sandler

Mayer Brown

Maynard Nexsen

McElroy Deutsch

Milbank LLP

Morris Nichols

Moskow Law Group

Motley Rice

Phillips & Cohen LLP

Potter Anderson

Proskauer Rose

Quinn Emanuel

Randolph M. James PC

Richard A. Harpootlian PA

Richards Layton

Ropes & Gray

Rosen Law Firm PA

Saluda Law

Seward & Kissel

Seyfarth Shaw

Shope Krohn

Sidley Austin

Sills Cummis

Sirianni Youtz

Skadden Arps

Smith Katzenstein

Snell & Wilmer

Steel Law Firm PC

Steptoe LLP

Taft Stettinius

Thompson Hine

Troutman

Vinson & Elkins

Wachtell Lipton

Weitz & Luxenberg

Willkie Farr

WilmerHale

Young Moore

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

American Bankers Association

American Bar Association

American Civil Liberties Union

Ameriprise Financial Inc.

Apple Inc.

Arch Resources Inc.

Bank Policy Institute

Bank of America Corp.

Bed Bath & Beyond Inc.

Binance Holdings Ltd.

Bittrex Inc.

BlackRock Inc.

Burke Inc.

Cardinal Financial Corp.

Citigroup Inc.

Clearwire Corporation

Coinbase Global Inc.

Communications Workers of America

Consensys Software Inc.

Consumer Bankers Association

Cresco Labs Inc.

Curaleaf Holdings Inc.

Delta Air Lines Inc.

Democracy Forward Foundation

Deutsche Bank AG

Financial Industry Regulatory Authority Inc.

Financial Services Forum

Fluor Corp.

Gallup Inc.

Global Logistic Properties Ltd.

Google LLC

Green Thumb Industries Inc.

Grupo Aeromexico SAB de CV

Harvard University

Immunomedics Inc.

Independent Community Bankers of America

Investors Title Company

LinkedIn Corp.

Major League Baseball Inc.

Managed Funds Association

MasterCard Inc.

Meta Platforms Inc.

National Association for the Advancement of Colored People

NewAge Inc.

Orient Overseas Container Line Ltd.

Peabody Energy Corp.

Pfizer Inc.

RTX Corp.

Regence BlueCross BlueShield

Santander Holdings USA Inc.

Smith & Wesson Brands Inc.

Solid Ground

Spotify Technology SA

Tegna Inc.

Teva Pharmaceutical Industries Ltd.

The Chemours Co.

The New York Independent System Operator Inc.

The New York Times Co.

The Vanguard Group Inc.

Tilray Inc.

United Steelworkers

Verano Holdings

Viatris Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arizona Attorney General's Office

Bureau of Alcohol Tobacco Firearms and Explosives

Centers for Medicare & Medicaid Services

City and County of San Francisco, California

Commodity Futures Trading Commission

Equal Employment Opportunity Commission

Federal Bureau of Investigation

Federal Communications Commission

Federal Energy Regulatory Commission

Federal Maritime Commission

Federal Reserve System

Federal Trade Commission

Financial Crimes Enforcement Network

Food and Drug Administration

Georgia Supreme Court

Government of Mexico

Internal Revenue Service

Maryland Attorney General's Office

National Highway Traffic Safety Administration

National Labor Relations Board

National Marine Fisheries Service

New Jersey Attorney General's Office

New Jersey Supreme Court

North Carolina Department of Justice

Pennsylvania Department of State

Pennsylvania Supreme Court

U.S. Army

U.S. Attorney's Office

U.S. Attorney's Office for the District of Arizona

U.S. Attorney's Office for the District of Rhode Island

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the First Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Education

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of Transportation

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

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

U.S. District Court for the District of Arizona

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Delaware

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of New Jersey

U.S. District Court for the District of Oregon

U.S. District Court for the District of Rhode Island

U.S. District Court for the District of South Carolina

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

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. District Court for the Western District of Washington

U.S. Environmental Protection Agency

U.S. General Services Administration

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Marine Corps

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

U.S. Tax Court

United States District Court for the Eastern District of Wisconsin

Washington Attorney General's Office

Washington State Health Care Authority