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TOP NEWS
SEC Escapes Atty Fee Bid After Rare In-House Loss
By Jessica Corso
The U.S. Securities and Exchange Commission will not have to reimburse a Michigan-based company that spent four years fighting to have a trading suspension lifted, an administrative law judge has ruled, though he said the case raised "serious questions" about the agency's process for obtaining such suspensions.
Decision attached |
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Judge Says UiPath Investors Disappointed, Not Deceived
By Benjamin Morse
Automation software firm UiPath Inc. has, for now, defeated a consolidated investor suit accusing it of falsely touting the success of a new development strategy, after a federal judge said that security laws do not shield against bad outcomes and investors did not plausibly allege material misstatements or fraudulent intent.
Opinion attached |
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POLICY & REGULATION
Trump Ally's Fund Firm Sues Powell Over Meeting Secrecy
By Katryna Perera
An investment firm led by a supporter of President Donald Trump sued Federal Reserve Chairman Jerome Powell and several members of the Federal Open Market Committee on Thursday, demanding public access to monetary policy meetings, saying that for the last 50 years, the committee has illegally held every one of its meetings behind closed doors.
Complaint attached |
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INVESTIGATIONS
CRYPTO & FINTECH
CIVIL ENFORCEMENT
DELAWARE
INVESTOR ACTIONS
Luminar CEO's Resignation Sparks Investor Suit
By Sydney Price
Laser sensor company Luminar Technologies Inc., its ex-CEO and chief financial officer were hit with a proposed shareholder class action alleging that they failed to inform investors that its highest officer was engaging in conduct that made him subject to an inquiry by an audit committee, leading to his resignation in May.
Complaint attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
Q&A
'Tiger King' Atty Talks Building A Firm Through Social Media
By Parker Quinlan
Hours after a federal jury in Manhattan returned a mixed verdict in a sex trafficking case against Sean "Diddy" Combs, Molly Parmer, a Georgia defense attorney and TikTok content creator with more than 94,200 followers, posted a video outlining what he could expect in terms of sentencing. Law360 spoke with Parmer about her practice and how she turned her solo firm, Parmer Law, into a space for online court observers.
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DOJ Sentence Ask In Breonna Taylor Case Shows Policy Shift
By Parker Quinlan
Although the request by top U.S. Department of Justice officials seeking a one-day sentence for a former Louisville police officer who participated in the raid that led to Breonna Taylor's death wasn't heeded, former federal prosecutors and defense attorneys say a government request to downgrade a sentence is unusual, but likely to recur in politically relevant matters.
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Jeanine Pirro's Nomination Advances To Full Senate
By Courtney Bublé
The Senate Judiciary Committee voted out seven U.S. attorney nominations Thursday, which include Jeanine Pirro, former Fox News host and New York state judge, and four others who had to be revoted on after Democrats walked out of last week's meeting over objections to how the consideration of controversial Third Circuit nominee Emil Bove was being handled.
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NJ Attys Warn RICO Case Revival Would 'Chill' Lawyering
By George Woolston
The New Jersey State Bar Association told a Garden State appellate court that lawyers across the state will be chilled from zealously advocating for their clients if it revives the state's racketeering indictment against two politically connected attorneys, making it the second attorney advocacy group to file a proposed amicus curiae brief in the case.
3 documents attached |
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