An Ohio salesman accused of securities fraud told a Manhattan federal jury Tuesday that he was hooked on trading penny stocks, after a rough morning of testimony during which a lawyer from the U.S. Securities and Exchange Commission forced him to admit his goal was to move share prices.
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WEDNESDAY, SEPTEMBER 17, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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Twitter Stock Maven Tells Jury He Was 'Addicted' To Trading

By Pete Brush

An Ohio salesman accused of securities fraud told a Manhattan federal jury Tuesday that he was hooked on trading penny stocks, after a rough morning of testimony during which a lawyer from the U.S. Securities and Exchange Commission forced him to admit his goal was to move share prices.

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Former Ohio Supreme Court Justice Joins Vorys

By Madison Arnold

Former Supreme Court of Ohio Justice Michael P. Donnelly will take on a new mediation and arbitration role at Vorys in Cleveland, the law firm announced Tuesday.

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US Asks Court To Sink Vermont Climate Superfund Law

By Juan-Carlos Rodriguez

The Trump administration, Republican-led states and business groups including the U.S. Chamber of Commerce and American Petroleum Institute on Monday asked a Vermont federal court to kill the state's climate Superfund law.

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SIXTH CIRCUIT

6th Circ. Backs Liability Theory In Kia, Hyundai Car Theft Suits

By Hailey Konnath

A split Sixth Circuit panel Tuesday held that a lower court erred in rejecting that Kia and Hyundai could be liable for victims' injuries from crashes involving vehicles stolen amid a TikTok-inspired wave of thefts, finding "theft-related accidents" could be considered "hazards that make a car's design defective.

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Athletes' NCAA Eligibility At Stake In Pavia Case, 6th Circ. Told

By David Steele

Attorneys for both the NCAA and for Vanderbilt University football player Diego Pavia acknowledged to a Sixth Circuit panel Tuesday that the court fight over his eligibility to play this season would all but certainly become a debate over the future of all NCAA eligibility rules.

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Brewer Denounces Gov't Home Distilling Ban In 6th Circ.

By Anna Scott Farrell

A brewery owner challenging the U.S. tax code's ban on home distilleries criticized the government's claim that he isn't hurt enough by the prohibition to warrant a suit, telling the Sixth Circuit that the ban prevents him from making whiskey at home and renders him ineligible for a distilling permit.

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EXPERT ANALYSIS

Reports Of Chemical Safety Board's Demise Are Premature

Despite the Trump administration's proposal to close down the U.S. Chemical Safety and Hazard Investigation Board, companies should note that the agency recently enforced its accidental release reporting rule for the first time, is conducting ongoing investigations and expects more funding from Congress, say attorneys at Conn Maciel.

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7 Document Review Concepts New Attorneys Need To Know

For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

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LEGAL INDUSTRY

'It's Confidential': Judiciary Chair Mum On Court System Strife

By Jeff Overley

The federal judiciary's leaders heard sharp criticism at a private meeting Tuesday regarding the U.S. Supreme Court's increasing willingness to block lower court decisions, according to remarks released publicly, and one of those leaders subsequently deflected requests for details during an official briefing.

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Feature

For Cahill Atty, Rare Disease Pro Bono Work Is Personal

By Mark Payne

John MacGregor of Cahill Gordon & Reindel LLP didn't have any experience in healthcare law before taking on a pro bono client that supports people with a rare form of epilepsy. MacGregor's son is one of them.

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Willkie Taps PE Head To Co-Lead The Firm In 2027

By Andrea Keckley

Willkie Farr & Gallagher LLP announced Tuesday that the nearly decade-long head of its private equity practice will step up to co-lead the firm as its joint chairman at the start of 2027.

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Sotomayor Warns Civics Undereducation Leads To Bad Laws

By Kevin Penton

Those looking to change the nation's laws first need to understand how they work and why they are in place, U.S. Supreme Court Justice Sonia Sotomayor told a packed auditorium at New York Law School on Tuesday.

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Analysis

The Patent Workforce Is Attracting Fewer Attys, More Agents

By Theresa Schliep

The pool of patent practitioners registered with the U.S. Patent and Trademark Office has undergone a dramatic shift over the past few decades, with the number of attorneys taking the bar exam decreasing at the same time more patent agents are entering the field.

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Acting US Atty Denies Prosecution Of Lawmaker Is 'Selective'

By Parker Quinlan

The U.S. Department of Justice has requested that assault charges not be dismissed against U.S. Rep. LaMonica McIver, pushing back on claims the government is selectively prosecuting her following a confrontation with federal agents in May at an Immigration and Customs Enforcement facility in Newark.

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Former Judge Aims To Escape Suit Over Secret Atty Romance

By Ryan Boysen

Former Bankruptcy Judge David R. Jones wants out of a lawsuit claiming his secret romance scandal infected the restructuring of life insurance bond seller GWG Holdings Inc., arguing that he's clearly protected by judicial immunity.

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Husch Blackwell Used 401(k) Cash To Pay Bills, Ex-Atty Says

By Grace Elletson

A former Husch Blackwell LLP attorney sued the firm in Missouri federal court Tuesday, claiming it violated federal benefits law by delaying sending employees' 401(k) contributions to their retirement plan so that the cash could be used to pay for the firm's operating expenses.

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GOP Spending Bill Seeks $58M For Supreme Court, Marshals

By Courtney Bublé

The House Republicans unveiled their short-term spending bill Tuesday, and it includes an extra $28 million for security for the U.S. Supreme Court justices.

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Insurer Hits Hall Booth With $10M Suit Over Botched Defense

By Emily Johnson

A former client of Hall Booth Smith PC and its attorney allege the law firm botched its legal representation in an underlying suit related to a death at an indoor shooting range and caused the insurer $10.6 million in financial harm, according to a legal malpractice suit lodged in Georgia state court.

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Trump Taps US Atty Nominees For NC, NH And Louisiana

By Courtney Bublé

President Donald Trump has named U.S. attorney nominees for Louisiana, New Hampshire and North Carolina.

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Ga. Justices Won't Reinstate DA Willis To Trump Election Case

By Kelcey Caulder

The Georgia Supreme Court on Tuesday declined to review a lower court's ruling disqualifying Fulton County District Attorney Fani Willis from the 2020 Georgia election interference case against President Donald Trump and his co-defendants.

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LAW FIRMS IN TODAY'S NEWS

Arnold & Porter

Baker & Hostetler

Bandas Law Firm

Bowman & Brooke

Cahill Gordon

Conn Maciel

Cooper & Kirk

Covington & Burling

Davis Wright Tremaine

Dynamis LLP

Fell Law PC

Fish & Richardson

Gravel & Shea

Hall Booth

Harrity & Harrity

Haynes Boone

Husch Blackwell

Jackson Walker LLP

Knott & Boyle

Law Office of Craig Leydecker

Law Offices of Jason L. Oliver

Lehotsky Keller

Norton Rose

O'Melveny & Myers

Rusty Hardin

Sanford Heisler

Schwegman Lundberg

Sterne Kessler

Vorys

Ward and Smith

Wilkinson Stekloff

Willkie Farr

diGenova & Toensing

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

American Petroleum Institute Inc.

Blackstone Group

DaVita Inc.

Hyundai Motor Co.

Kia Corp.

LinkedIn Corp.

Match Group LLC

National Collegiate Athletic Association

New York Law School

PG&E Corp.

Stoke Therapeutics

TD Ameritrade Holding Corp.

The Hanover Insurance Group Inc.

TikTok Inc.

Twitter Inc.

U.S. Chamber of Commerce

United States Steel Corp.

Vertex Pharmaceuticals Inc.

Walmart Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

City and County of San Francisco, California

Congressional Research Service

Court of Appeals of New York

Federal Trade Commission

Food and Drug Administration

Georgia Court of Appeals

Georgia Supreme Court

Judicial Conference of the United States

New Hampshire Judicial Branch

North Carolina Department of Public Safety

Office of the Vermont Attorney General

Ohio Supreme Court

Superior Court of Fulton County

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

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

U.S. Chemical Safety and Hazard Investigation Board

U.S. Court of Appeals for the Sixth Circuit

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 State

U.S. Department of the Treasury

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

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

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Southern District of Florida

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

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

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

U.S. District Court of the District of New Hampshire

U.S. Environmental Protection Agency

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Secret Service

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the District of Vermont