Fertility Clinic Can't Nix Claims It Gave Data To Google, Meta

By Gina Kim

An Illinois fertility clinic must face a proposed class action alleging it invades patient privacy by sharing their personal information and website activities with Google and Meta without consent, after a federal judge has said the plaintiff has standing since the exposure of her private information is a concrete, particularized injury. 

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CFPB Eyes 'Interim' Open Banking Rule As Funds Run Low

By Jon Hill

The Consumer Financial Protection Bureau said it plans to issue an "interim final" revamp of its open banking rule now that its funding is on the verge of running out, the latest move by the agency to prepare for a possible shutdown in the coming weeks.

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DOJ Says It Could Indict Comey Again

By Jared Foretek

The U.S. Department of Justice on Tuesday said it may once again seek charges against ex-FBI Director James Comey, asking a D.C. federal judge to dissolve a temporary restraining order that bars prosecutors from using evidence seized from Comey's former attorney.

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Cooley-Led Saviynt Valued At $3B After $700M Funding Round

By Jade Martinez-Pogue

Cooley LLP-guided identity security company Saviynt on Tuesday revealed it had reached a $3 billion valuation after closing a $700 million Series B growth equity financing round, with the funding to be used as growth capital to expand and accelerate product development.

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FINRA Flags GenAI Risks In Annual Oversight Report

By Sarah Jarvis

The Financial Industry Regulatory Authority said in a Tuesday report that firms "may want to consider" developing supervisory processes covering generative AI at an enterprise level, as well as steps to mitigate associated risks such as inaccuracy and bias.

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Crypto Co. Paxful To Pay $4M For Money Laundering Failures

By Gina Kim

Paxful Holdings will pay $4 million over claims it failed to enforce anti-money laundering policies on its now-defunct, peer-to-peer bitcoin exchange that allegedly facilitated illicit transactions involving funds derived from criminal activity, including prostitution and distribution of child sex abuse material, according to a plea agreement filed Monday in California federal court. 

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Pa. Justices Affirm County's Loss Over Election Inspections

By Matthew Santoni

Pennsylvania's Supreme Court on Tuesday upheld a ruling that the state's top election official could order voting machines to be yanked from service, closing one chapter on the tome of litigation that followed Fulton County's third-party inspection of its Dominion Voting Systems machines after the 2020 election.

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Justices Told To Not Review Who Can Protest Gov't Contracts

By Ganesh Setty

A company selected for a $376.4 million military contract urged the U.S. Supreme Court to not disturb the Federal Circuit's decades-old statutory interpretation that an "interested party" in procurement disputes is restricted to actual or prospective bidders.

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Recent Proposals May Spell Supervision Overhaul For Banks

A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.

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AI Evidence Rule Tweaks Encourage Judicial Guardrails

Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.

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Bonus Spotlight

MoFo, Kellogg Hansen Exceed Prevailing BigLaw Bonus Scale

By Anna Sanders

Morrison Foerster LLP and boutique law firm Kellogg Hansen Todd Figel & Frederick PLLC both recently unveiled above-market bonuses, according to a MoFo in-house memo and a media report. 

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Analysis

Hagens Berman's Novel DOJ Referral May Have Chilling Effect

By Emma Cueto

A Pennsylvania federal judge's unusual decision to refer prominent plaintiffs firm Hagens Berman LLP to the U.S. Department of Justice for possible criminal investigation over its pursuit of claims related to morning sickness drug thalidomide could have a chilling effect on lawyers' advocacy, law professors and attorneys said.

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Trustee Says Winston & Strawn Is Liable For $1.7B Fintech Bust

By Lynn LaRowe

The trustee of the bankrupt self-styled "anti-woke" financial technology startup GloriFi said Winston & Strawn LLP shouldn't be allowed to escape a malpractice lawsuit over the company's $1.7 billion failure, saying the firm was a knowing participant in the allegedly unlawful activities of its then-CEO.

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Consulting Co. Says Law Firms' Malpractice Cost It $10M

By Rachel Konieczny

A Colorado consulting company told a state court that an Am Law 200 firm and a now-dissolved law firm committed legal malpractice that cost the company $10 million in a lending transaction. 

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Uber May Win Sanctions On Atty Who Disclosed MDL Docs

By Bonnie Eslinger and Mike Curley

A California federal judge said Tuesday it appeared an attorney for plaintiffs claiming Uber failed to protect passengers from sexual assault "acted in a cavalier manner" with a protective order in the multidistrict litigation, but didn't rule on Uber's requests for monetary sanctions nor its bid to kick the attorney off the plaintiff steering committee.

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Brief

Democrats Push For $1.76B To Fix Defender Budget Shortfall

By Courtney Bublé

Almost 50 Democratic lawmakers are urging congressional appropriators to fix the long-standing budget shortfall for federal defenders in the upcoming full-year budget.

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Analysis

FERC's Fate Uncertain As Humphrey's Executor Teeters

By Keith Goldberg

The future of the Federal Energy Regulatory Commission may hinge on whether the U.S. Supreme Court will remake its 90-year-old precedent that protects members of independent agencies from being fired at will by the president.

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Senate Confirms 3 Judges For La., Miss.

By Courtney Bublé

The U.S. Senate confirmed three judicial nominees Tuesday for federal courts in Louisiana and Mississippi.

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