A Pennsylvania financial professional has asked the state's Supreme Court to consider, in a matter of first impression, whether the state Constitution guarantees a right to a jury trial in securities fraud enforcement actions brought by the state regulator, arguing that the U.S. Supreme Court's Jarkesy ruling should be incorporated against states.
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TUESDAY, JANUARY 13, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Pa. Justices Urged To Apply Jarkesy To State Proceedings

By Katryna Perera

A Pennsylvania financial professional has asked the state's Supreme Court to consider, in a matter of first impression, whether the state Constitution guarantees a right to a jury trial in securities fraud enforcement actions brought by the state regulator, arguing that the U.S. Supreme Court's Jarkesy ruling should be incorporated against states.

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Ex-Prosecutor OK For Drug Pricing MDL, Special Master Says

By Matthew Santoni

Former Connecticut Assistant Attorney General Joseph Nielsen and his law firm, Lowey Dannenberg PC, should not be disqualified from representing insurers in multidistrict litigation over generic drug price-fixing because he did not have any special knowledge that the states suing drugmakers hadn't already shared with the private plaintiffs, according to a special master's report and recommendation.

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Vanguard Investors Win Final OK For $25M Tax Suit Deal

By Kat Lucero

A Pennsylvania federal judge finalized a $25 million settlement to end a class action accusing Vanguard of triggering an asset sell-off that saddled investors with capital gains taxes, handing the investors' attorneys more than $8 million in fees.

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Mylan, Aurobindo Must Face Generic Drug Price-Fixing Claims

By Hailey Konnath

A Connecticut federal judge on Friday refused to hand a quick win to Mylan Pharmaceuticals and Aurobindo Pharma USA in sprawling antitrust litigation against 26 total pharmaceutical companies, ruling that a coalition of states has enough evidence to raise a genuine dispute about whether the companies conspired to fix drug prices.

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Roundup

Up Next At High Court: Pollution Lawsuits & Trans Athletes

By Katie Buehler

The U.S. Supreme Court will kick off the new year by hearing disputes over the constitutionality of state laws banning transgender female athletes from female-only sports and whether state or federal courts are the proper forum for lawsuits seeking to hold major oil companies accountable for harm caused by their oil production activities along Louisiana's coast. 

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REAL ESTATE & DEVELOPMENT

Roundup

Real Estate Recap: Predicting '26

By Real Estate Authority Staff

Catch up on this past week's developments by state from Law360 Real Estate Authority — including key asset classes and pending litigation to watch in the new year.

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THIRD CIRCUIT

3rd Circ. Upholds Prudential's Win In 401(k) Suit

By P.J. D'Annunzio

A Third Circuit panel on Friday upheld the dismissal of a suit alleging a class of Prudential Insurance Co. workers was deprived of millions of dollars in their retirement plans through mismanagement, agreeing with the lower court's holding that Prudential made careful investment decisions.

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LITIGATION

Roundup

4 Argument Sessions That Benefits Attys Should Watch In Jan.

By Kellie Mejdrich

The U.S. Supreme Court will zero in on the methodology for assessing liability for pulling out of a multi-employer pension fund, and the circuit courts will hear bids to revive suits over alleged 401(k) mismanagement and deferred compensation. Here, Law360 looks at a quartet of oral arguments coming up in January.

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EXPERT ANALYSIS

Opinion

The Case For Emulating, Not Dividing, The Ninth Circuit

Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

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LEGAL INDUSTRY

Bruce Fein Axed As Counsel In Maduro's NY Drug Case

By Rachel Rippetoe

A New York federal judge on Monday said constitutional lawyer Bruce Fein could not represent Venezuelan President Nicolás Maduro after Fein admitted to having never spoken to or entered into an agreement of representation for the foreign leader, who was indicted on narco-conspiracy charges this month.

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Analysis

The Issues That Could Decide The Tom Goldstein Tax Case

By Jared Foretek

Federal prosecutors are set to begin making their case against famed U.S. Supreme Court lawyer and SCOTUSblog founder Tom Goldstein at trial Wednesday, alleging that he deliberately hid millions of dollars in high-stakes poker winnings from the Internal Revenue Service between 2016 and 2021 and lied on mortgage applications.

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Haynes Boone Opens Boston Office Led By Ex-K&L Gates Atty

By Tracey Read

Haynes Boone announced Monday that it has opened its 20th office in Boston, and that it has added a former K&L Gates LLP asset management and investment funds partner to lead the Beantown launch.

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4 Ways DOJ Probe Into Powell Could Be Risky For Trump

By Jon Hill

The criminal probe that President Donald Trump's U.S. Department of Justice has opened into Federal Reserve Chair Jerome Powell dramatically escalates administration pressure on the central bank, but it is not without significant potential risks for the White House.

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SEC Draws From BigLaw To Appoint Enforcement Deputies

By Jessica Corso

Two former BigLaw attorneys, one of whom served as counsel to President Donald Trump during his first term in office, have joined the U.S. Securities and Exchange Commission as deputy directors of enforcement, the agency announced Monday.

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Sitting Judges Advocate For Bill To Allow Them To Carry Guns

By Courtney Bublé

Three federal judges have come out in support of a Republican-led bill to allow judges and prosecutors to carry concealed firearms across state lines.

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NJ US Atty Office's 3-Person Leadership Unlawful, Court Told

By Emily Sawicki

Criminal defendants in the District of New Jersey are challenging the three-person leadership structure now in place at the Garden State's U.S. attorney's office following the disqualification of Alina Habba, telling the court their due process rights have been violated by the allegedly unlawful system.

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Compromise Funding Bill Gives Judiciary $9.7B

By Courtney Bublé

Congressional appropriators have unveiled a bipartisan compromise funding bill for the federal judiciary for fiscal 2026, which includes the judiciary's requested funding for court security and federal public defenders.

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House Passes Bill To Double Ch. 7 Trustee Fee

By Clara Geoghegan

A bipartisan bill doubling the fixed per-case fees for Chapter 7 trustees is headed to President Donald Trump for a signature, after the U.S. House of Representatives passed it Monday night.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court closed out the week with developments ranging from leadership changes in a $13 billion take-private case and posttrial sparring over a major earnout to fresh governance fights, revived fraud claims and sanctions tied to advancement rights.

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LAW FIRMS IN TODAY'S NEWS

Arnold & Porter

Bailey Duquette

Baker & Hostetler

Baker Botts

Beasley Allen

Bernstein Litowitz

Bilzin Sumberg

Blank Rome

Brown Law Firm

Buchanan Ingersoll

Carella Byrne

Clark Hill

Clement & Murphy

Cohen & Wolf

Cooley LLP

Critchley Kinum

Curtis Mallet-Prevost

DLA Piper

Debevoise & Plimpton

Dechert LLP

Dorsey & Whitney

Dovel & Luner

Fried Frank

Gibson Dunn

Golomb Legal

Goodwin Procter

Gordon Rees

Grant & Eisenhofer

Greenberg Traurig

Harris St. Laurent

Haynes Boone

Hogan Lovells

Honigman LLP

Hoopes Morganthaler

Jeffer Mangels

Jones Day

K&L Gates

Kasowitz LLP

Katten Muchin

Kopelowitz Ostrow

Law Offices of Irving L. Wiesen

Linklaters LLP

Lowey Dannenberg

McCarter & English

Miller Canfield

Miller Shah

Morgan Lewis

Munger Tolles

Norton Rose

O'Toole Scrivo

Paul Weiss

Proskauer Rose

Reed Smith

Riemer & Braunstein

Robins Kaplan

Rosen Law Firm PA

Saul Ewing

Saxton & Stump

Schneider Wallace

Schwartz White

Seward & Kissel

Skadden Arps

Sperling Kenny

Sullivan & Worcester

Troutman

Walsh Pizzi

Welsh & Recker

Wiggin & Dana

Willkie Farr

WilmerHale

Wilson Sonsini

Winston & Strawn

Wolf Haldenstein

COMPANIES IN TODAY'S NEWS

Alight Solutions

Allergan PLC

Amazon.com Inc.

American Civil Liberties Union

Anywhere Real Estate Inc.

Aurobindo Pharma Ltd.

Bank of America Corp.

BankUnited Inc.

Boston Financial Data Services Inc.

Brooklyn Law School

Brown Brothers Harriman & Co.

Chevron Corp.

Compass Inc.

Compass Minerals International, Inc.

Cottrell Inc.

Customers Bancorp Inc.

Deloitte Touche Tohmatsu Ltd.

Deutsche Bank AG

EQT Corp.

EQT Exeter

Endeavor Operating Company LLC

Equity Residential

Exxon Mobil Corp.

Financial Industry Regulatory Authority Inc.

Fortis Advisors LLC

Gelman, Rosenberg & Freedman

GoldenTree Asset Management LP

Healthpeak Properties Inc.

Humana Inc.

IAM National Pension Fund

Icahn Enterprises LP

Krafton

LaSalle Investment Management Inc.

LinkedIn Corp.

Lone Star Funds

Molina Healthcare Inc.

New Jersey Transit Corp.

Newmark Group Inc.

Oxford Properties Group

Pacific Legal Foundation

Prudential Financial Inc.

Quarterra Group

Quest Diagnostics Inc.

RealPage Inc.

Ritz-Carlton Company LLC

Sandoz International GmbH

Solera Holdings Inc.

State Street Corp.

Swan Energy Inc.

Telephone & Data Systems Inc.

TravelCenters of America Inc.

Ultimate Fighting Championship Ltd.

Viatris Inc.

WikiLeaks

World Wrestling Entertainment Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Connecticut Attorney General's Office

Delaware Court of Chancery

Federal Communications Commission

Federal Reserve System

Internal Revenue Service

Judicial Conference of the United States

National Economic Council

Pennsylvania Department of Banking and Securities

Pennsylvania Supreme Court

U.S. Attorney's Office

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

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

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Housing and Urban Development

U.S. Department of Justice

U.S. Department of Labor

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 Maryland

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

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

U.S. District Court for the Middle District of Pennsylvania

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

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court