New York's financial services regulator issued new guidance Thursday on the risks associated with cutting-edge artificial intelligence, urging firms to make sure their cybersecurity programs can promptly flag weaknesses that so-called frontier AI models can exploit, among other things.
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TOP NEWS

NY Cautions Banks About Cyber Risks From Advanced AI

By Sarah Jarvis

New York's financial services regulator issued new guidance Thursday on the risks associated with cutting-edge artificial intelligence, urging firms to make sure their cybersecurity programs can promptly flag weaknesses that so-called frontier AI models can exploit, among other things.

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Goldman Pens $500M Deal To End Investors' 1MDB Suit

By Jessica Corso

Goldman Sachs has agreed to pay $500 million to end a lawsuit brought by investors who say they lost money after it came to light that the company was allegedly involved in a bribery scandal tied to Malaysia's sovereign wealth fund.

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Instacart Can't Halt NYC Tip, Wage Laws On 2nd Circ. Appeal

By Benjamin Morse

A Second Circuit panel refused to pause New York City laws setting minimum pay and other protections for grocery delivery workers while Instacart appeals a lower court order that allowed the rules to take effect.

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Wimbledon, French Open Beat Tennis Group's Access Claim

By Pete Brush

A federal judge in Manhattan declined Thursday to order the Wimbledon and French Open tennis tournaments to grant access to representatives from a players group, after the group claimed its representatives are being denied access in retaliation for its antitrust lawsuit.

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Analysis

BigLaw Deals Scandal Puts Boston Back On White Collar Map

By Chris Villani

A sweeping insider trading case involving information stolen from BigLaw firms shows a return to bread-and-butter white collar enforcement for Boston federal prosecutors and provides a morale lift in an office that has seen shifting priorities and staff turnover since the signature "Varsity Blues" takedown in 2019, veteran prosecutors told Law360.

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CONSUMER PROTECTION

Gatorade Buyers Say 'Better Than Water' Claim Is Misleading

By Mike Curley

A proposed class of Gatorade buyers sued parent company PepsiCo Inc. on Thursday, claiming the sports drink's newest labels are misleading in the claims they "Hydrate better than water," and that the reduced sugar variants have no artificial flavors.

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PERSONAL INJURY & MEDICAL MALPRACTICE

Medical Practice Calls $49M Missed Cancer Verdict 'Unjust'

By Aaron Keller

The Westchester Medical Group PC has asked a Connecticut state judge to find most of a $49 million jury verdict "excessive, unjust, and entirely disproportionate" to claims its staff repeatedly failed to diagnose cancer despite multiple warning signs, calling the award punitive and not supported by the evidence.

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INTELLECTUAL PROPERTY

While Faulting 2nd Circ., Feds Urge Justices To Skip TM Fight

By Theresa Schliep

The federal government said Wednesday the U.S. Supreme Court shouldn't weigh in on a trademark fight between PepsiCo and the maker of a nitro cold-brew coffee drink, even though it said the Second Circuit got its analysis of the case wrong.

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Train Service Co. Can't Escape Safety Patent Suit

By Elliot Weld

Train service solutions provider Piper Networks has been denied a chance to exit an infringement lawsuit in New York federal court that Metrom Rail LLC brought over its train safety patents, with a judge finding the suit gave Piper proper notice of the infringement claims.

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EMPLOYMENT

Flores Says NFL Retaliated After He Filed Discrimination Suit

By David Steele

Former NFL head coach Brian Flores has told a New York federal court that the league and Commissioner Roger Goodell are using its arbitration process as a means to retaliate against him for suing the league for hiring discrimination.

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Avis To Pay $1.8M To End Managers' Overtime Suit

By Benjamin Morse

Car rental company Avis agreed to pay $1.79 million to settle a collective action claiming it misclassified operations managers as overtime-exempt and failed to pay them for hours worked over 40 in a week, according to a filing in New Jersey federal court.

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MERGERS & ACQUISITIONS

Nexstar Asks 9th Circ. To Narrow Tegna Merger Block

By Matthew Perlman

Nexstar urged the Ninth Circuit to narrow a preliminary injunction preventing it from fully integrating with Tegna Inc. that was issued in a challenge to the broadcasters' $6.2 billion merger by state enforcers and satellite provider DirecTV.

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GOVERNMENT CONTRACTS

Feds Want Funding Details To Fight Academic Group's Fee Bid

By Julie Manganis

The U.S. Department of Energy asked a Massachusetts federal judge to let it look at the finances of an academic organization that successfully challenged a cap on indirect research costs, questioning the source of funding for legal fees in that case and three others.

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BANKING

OCC Says Fintech Partner Bank Fell Behind On AML Controls

By Jon Hill

The Office of the Comptroller of the Currency has ordered Community Federal Savings Bank to strengthen its anti-money laundering controls after finding that the New York-based bank failed to keep pace with the risks from its fast-growing payment-processing business.

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INTERNATIONAL TRADE

2nd Circ. Agrees Amazon Not Liable In Fur Import Evasion

By Jack McLoone

A U.S. fur company couldn't show that Amazon willfully ignored a 15-year scheme carried out by foreign fur sellers to avoid certain tariffs and import fees, a Second Circuit panel found, affirming the dismissal of a False Claims Act suit against the company.

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IMMIGRATION

NY High Court Probes Habeas Bid In Hospital Restraint Case

By Parker Quinlan

New York's highest court is considering arguments about whether a mentally unwell man who was handcuffed to a bed inside a Bronx psychiatric hospital for nearly a month used a correct legal argument to challenge his confinement and the use of restraints.

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EXPERT ANALYSIS

DOJ Activity Indicates Rising Antitrust Risk For Hospitals

Two civil actions filed by the U.S. Department of Justice against New York-Presbyterian Hospital and OhioHealth, both alleging that the hospital systems used their market power to stifle competition, highlight the government's growing scrutiny of barriers to lower-cost insurance options, say attorneys at Freshfields.

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5 Rules In 10 Weeks: Inside Genius Act's Implementation Blitz

Regulators have proposed five Genius Act rules in a striking span of 10 weeks, building a stablecoin framework that, with the Office of the Comptroller of the Currency at its operational center, will shape oversight and force issuers, banks and fintechs to take action as deadlines approach, say attorneys at Cahill.

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Series

NY Times Word Puzzles Make Me A Better Lawyer

Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

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LEGAL INDUSTRY

Fox Rothschild Attys Shot Outside NC Courthouse After Hearing

By Hayley Fowler

Two Fox Rothschild LLP attorneys were shot Friday outside a courthouse in Raleigh, North Carolina, according to police reports and a firm spokesperson.

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Survey Finds Legal Malpractice Claim Frequency Grew In 2025

By Andrea Keckley

Insurers reported an increase in the frequency of legal malpractice claims for the first time in several years amid concerns over issues like the uncontrolled use of artificial intelligence, according to this year's legal professional liability insurance survey by EPIC Law Firm Group.

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Prosecutors Seek $1.98M Forfeiture In Goldstein Case

By Jared Foretek

Federal prosecutors are seeking a nearly $2 million forfeiture judgment against convicted SCOTUSblog founder Tom Goldstein and asking a Maryland federal judge to turn the Supreme Court lawyer's Northwest D.C. home over to the government to pay it.

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Discipline Upheld For Fed. Judge Who Had Sex In Chambers

By Madison Arnold

The federal judiciary signed off Friday on a private reprimand for a district judge within the Eleventh Circuit for misconduct that included having an extramarital affair with a law enforcement officer and sexual intercourse in their chambers within earshot of the judge's staff.

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Nelson Mullins Faces $2B Suits Over Alleged Conflicts

By Carolina Bolado

The former wives of two insurance mogul brothers have sued Nelson Mullins Riley & Scarborough LLP for $2 billion, claiming a partner there set up the couples' estates while quietly conspiring with the brothers to shield marital assets from the wives in the event of divorce.

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Ala. Atty Suspended Over 'Atrocious' Bid To Cover Up AI Use

By Rae Ann Varona

A federal judge has suspended an attorney from practicing in the Northern District of Alabama after the attorney deleted his ChatGPT account in a bid to cover up his use of the chatbot to write an erroneous brief, saying the court never imagined having to deal with such "atrocious conduct."

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DOJ Hid Grand Jury Misconduct In ICE Case, Ill. Judge Says

By Celeste Bott

An Illinois federal judge said Thursday her trust in U.S. Department of Justice attorneys had been "broken" after reviewing unredacted grand jury transcripts in a criminal case against anti-ICE protesters that revealed prosecutorial misconduct, shortly after which Chicago's top federal prosecutor moved to dismiss the charges.

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'Can't Just Make Up Names And Sue,' 7th Circ. Judge Says

By Anne Cullen

A Seventh Circuit judge rebuked a lawyer Friday for naming a "made up" entity, rather than the correct institution, in a workplace sexual harassment lawsuit against the Wisconsin Court System and a former judge, demanding the error be corrected immediately.

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UC Berkeley Law Adopts Sweeping Restrictions On AI Use

By Lynn LaRowe

The University of California, Berkeley School of Law has adopted a sweeping new policy that restricts the use of artificial intelligence by students, saying the measure aims to ensure "our courses focus on requisite cognitive skills by default."

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Attys Hijacked 1,000 Storm Cases In 'Shakedown,' Suit Says

By Emily Sawicki

Two Louisiana law firms and a group of politically connected attorneys engaged in a "shakedown" to steal about 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, alleged a RICO suit filed Thursday in Houston federal court.

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Analysis

Why Big Tech Gets Advisory Juries In 'Socially Explosive' Suits

By Dorothy Atkins

A California federal judge's recent use of advisory juries for high-profile tech disputes — including Elon Musk's OpenAI for-profit conversion challenge and states' social-media addiction fight with Meta — is an uncommon practice that's intended as a "reality check" for judges deciding "socially explosive" disputes, according to legal experts.

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Exclusive

Fed. Judiciary Urged To Drop Unified Atty Admission Effort

By Jack Karp

The federal judiciary should scrap any proposal to do away with state bar admission requirements for U.S. district courts and create a national district court bar, according to a recent report finding it would undercut those courts' control over bar membership and that it lacks the necessary support.

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Analysis

Some Attys Say Remote Hearing Expansion Comes At A Cost

By Julie Manganis

A push in Massachusetts to expand the number of proceedings held via videoconference is raising concerns among some attorneys, who question if the time savings of remote hearings is outweighed by the hidden costs of lawyers and judges staring into a screen.

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Law360's Legal Lions Of The Week

By Kevin Penton

Morrison Foerster LLP, Wachtell Lipton Rosen & Katz and Dechert LLP lead this week's edition of Law360 Legal Lions, after a California federal jury cleared OpenAI and executives Sam Altman and Greg Brockman of allegations that they breached the nonprofit's charitable trust by converting to a for-profit.

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Roundup

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

By Laura Stewart Liberty

The past week in London has seen Napster sued by a music royalties company, White & Case LLP and Laytons LLP targeted in a claim by a property developer, a short-term lender pursue legal action against law firm Rainer Hughes and its former founding partner following his strike-off for money laundering offenses, and the administrators of London Bridging sue the founder of collapsed Market Financial Solutions. Here, Law360 looks at these and other new claims in the U.K.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

The role of artificial intelligence in law weaves in and out of this week's stories, with the most recent compelling action coming from California Gov. Gavin Newsom, who issued an executive order to mobilize state agencies as AI layoffs begin to hit thousands of workers in his state.

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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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Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Akerman LLP

Alston & Bird

Anderson & Kreiger

Andrus Boudreaux

Axinn Veltrop

Barings Law

Bernstein Litowitz

Bevan Brittan

Birketts LLP

Brown Cornell

Burns & Levinson

CMS Cameron McKenna Nabarro Olswang

Cahill Gordon

Charles Russell Speechlys

Cheronis & Parente

Clement & Murphy

Clifford Chance

Cooley LLP

Cotsirilos Poulos

DarrowEverett

Davis Polk

Davis Wright Tremaine

Debevoise & Plimpton

Dechert LLP

Dentons

Edmonds Marshall McMahon

Elefterakis Elefterakis

Ellis George

Ellis Jones Solicitors

Eversheds Sutherland

Fieldfisher

Foley & Lardner

Fox Rothschild

Francis Mailman

Freshfields

Fried Frank

Getnick Law

Gibson Dunn

Goodwin Procter

Green Savits

Greenberg Traurig

Hagens Berman

Hangley Aronchick

Harrison LLP

Hay & Kilner

Heidell Pittoni

Hellmuth & Johnson

Henning Strategies

Holland & Knight

Howard & Howard

Jason J. Joy & Associates

Jenner & Block

Jones Day

Katzman Wasserman

Keoghs LLP

Kessler Topaz

King & Spalding

Kirkland & Ellis

Laredo & Smith

Latham & Watkins

Laytons LLP

Littler Mendelson

Lowey Dannenberg

McAndrews Held

McCarter & English

McClenny Moseley

McGuireWoods

Mishcon de Reya

Morgan & Morgan PA

Morgan Lewis

Morrison & Foerster

Moses & Singer

Munger Tolles

Nabarro LLP

Nelson Mullins

Outten & Golden

Paul Weiss

Pierson Ferdinand LLP

Pinsent Masons

Powell Gilbert

Proskauer Rose

Quinn Emanuel

Radice Law Firm

Roberts Law Firm US

Shavitz Law Group

Sidley Austin

Silver Golub

Spencer West LLP

Sperling Kenny

Stephenson Harwood

Stewarts Law LLP

Taft Stettinius

Tucker Dyer

Underwood Solicitors LLP

Wachtell Lipton

Weil Gotshal

White & Case

Wigdor LLP

Wiggin LLP

WilmerHale

COMPANIES IN TODAY'S NEWS

23andMe Inc.

ATP Tour Inc.

AXA SA

Actelion Ltd.

Albertsons Cos. Inc.

Aldi GmbH & Co. KG

Alphabet Inc.

Amazon.com Inc.

American Bar Association

American Council on Education

Ames & Gough Insurance Risk Management Inc.

Anadarko Petroleum Corp.

Apple Inc.

Association of American Universities Inc.

Association of Corporate Counsel

AvalonBay Communities Inc.

Avis Budget Group Inc.

Balfour Beatty PLC

Boston College

CVS Health Corp.

California Institute of Technology

Coinbase Global Inc.

Conference of State Bank Supervisors

Core Specialty Insurance Holdings Inc.

Corporate Legal Operations Consortium

Crum & Forster Holdings Corp.

Diana Shipping Inc.

Dominion Energy Inc.

DoorDash Inc.

Epic Games Inc.

Equity Residential

Exxon Mobil Corp.

George Washington University

Getty Images Holdings Inc.

Gilead Sciences Inc.

Guardant Health Inc.

Hammerson PLC

Harvard University

IAM National Pension Fund

Instacart

Institutional Shareholder Services Inc.

Insurance Care Direct

Intas Pharmaceuticals Ltd.

Ironclad Inc.

Ironshore Inc.

John Lewis Partnership PLC

Johnson & Johnson

Levi Strauss & Co.

Liberty Mutual Insurance Group

LinkedIn Corp.

London Stock Exchange Group PLC

Major League Soccer LLC

Massachusetts Bay Transportation Authority

Massachusetts Institute of Technology

Mediterranean Shipping Co. SA

Merck & Co. Inc.

Meta Platforms Inc.

Miami Dolphins

Microsoft Corp.

MongoDB Inc.

Morgan Stanley

NBCUniversal Media LLC

NFL Enterprises LLC

NVIDIA Corp.

Natera Inc.

National Westminster Bank PLC

National Women's Law Center

Navy Federal Credit Union

NewYork-Presbyterian Hospital

Nexstar Media Group Inc.

NextEra Energy Inc.

NiSource Inc.

Occidental Petroleum Corp.

OhioHealth Corp.

OpenAI OpCo LLC

POSCO

Parabellum Capital LLC

Parsons Corp.

Payoneer Inc.

PepsiCo Inc.

Permira

Premera Blue Cross

Rhapsody International Inc.

SVB Financial Group

Samsung Electronics Co. Ltd.

Singapore Airlines Ltd.

Solicitors Regulation Authority Ltd.

Swiss Reinsurance Co. Ltd.

Takeda Pharmaceutical Co. Ltd.

Tegna Inc.

Teradyne Inc.

The Andersons Inc.

The DIRECTV Group Inc.

The Gatorade Company Inc.

The Goldman Sachs Group Inc.

The Kroger Co.

The New York Times Co.

The Walt Disney Co.

Uber Technologies Inc.

United Food & Commercial Workers International Union

WestMed Medical Group PC

YIT Corp.

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

Centers for Disease Control and Prevention

City of New York

Colorado Supreme Court

Companies House

Delaware Court of Chancery

Federal Aviation Administration

Federal Bureau of Investigation

Federal Communications Commission

Federal Deposit Insurance Corp.

Federal Reserve System

Financial Conduct Authority

Financial Crimes Enforcement Network

Fish and Wildlife Service

Food and Drug Administration

Internal Revenue Service

National Credit Union Administration

National Science Foundation

New York City Police Department

New York Department of Financial Services

Office of Foreign Assets Control

Office of the Comptroller of the Currency

Texas Attorney General's Office

The Crown Prosecution Service

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

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

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

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Department of Defense

U.S. Department of Energy

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of the Treasury

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

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 Eastern District of California

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

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 Southern District of New York

U.S. District Court for the Western District of Washington

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Sentencing Commission

U.S. Supreme Court

UK High Court

United States District Court for the Northern District of Alabama

United States District Court for the Southern District of Ohio

Wisconsin Department of Justice