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December 08, 2025
NBA's Rozier Denies Guilt As Feds Eye Gambling Plea Talks
Miami Heat guard Terry Rozier on Monday denied charges that he conspired with five other men to defraud betting companies by agreeing to exit a game so that gamblers could win bets on his performance, as Brooklyn federal prosecutors floated plea negotiations.
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December 08, 2025
Eversheds Adds Ex-SDNY Atty As Investigations Co-Leader
Eversheds Sutherland has added a former assistant U.S. attorney from the Southern District of New York to co-lead its corporate crime and investigations practice, the firm announced.
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December 08, 2025
SEC Eases Decades-Old Wall Street Analyst Restrictions
The U.S. Securities and Exchange Commission has agreed to lift some restrictions imposed on large financial institutions over two decades ago in a crackdown on alleged conflicts of interests involving investment banks and their research analysts, agreeing with the banks that modification of the settlements was proper due to a 2015 rule that addressed the same problem.
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December 08, 2025
SEC Says Hedge Fund Manager's Driver Ran $1M Fraud
A former administrative assistant at a New York hedge fund has agreed to settle U.S. Securities and Exchange Commission allegations that he caused three investors to lose $1 million after falsely holding himself out as a financial professional at the firm, when in fact he was just a personal driver to the firm's founder.
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December 08, 2025
Spirit Airlines Can Transfer 2 Chicago Gates For $30M
A New York bankruptcy judge on Monday said he will approve a move by Spirit Airlines to transfer two of its four preferential gate assignments at Chicago's O'Hare International Airport to American Airlines for $30 million.
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December 08, 2025
Ex-Josh Cellars President Fights Gibson Dunn Withdrawal Bid
The former president of the company behind the Josh Cellars wine brand disputed Gibson Dunn & Crutcher LLP's version of events around his allegedly unpaid legal bills, saying he has questions about the reasonableness of the firm's charges, which must be arbitrated per his contract with the firm.
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December 08, 2025
EPA Asks Judge To Let Solar Energy Funding Cuts Stand
The U.S. Environmental Protection Agency told a Washington federal district court that its decision to freeze funding for a low-income solar energy program should stand while states pursue a lawsuit to free up the money.
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December 08, 2025
Bernstein Litowitz Corp. Founder Returns To 'Stabilize' Group
Bernstein Litowitz Berger & Grossmann LLP announced Monday that it has welcomed back a prominent shareholder lawyer to co-lead its corporate governance practice following the controversial departure of the group's former leader to launch a boutique firm.
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December 08, 2025
NY Hotel Ordered To Pay $4.1M In Union Benefits Dispute
A Manhattan hotel operator must hand over $4.1 million to a hotel and hospital workers union, a New York federal judge ruled, finding that the operator has failed to respond to accusations that it owes money to multiple health benefit funds.
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December 08, 2025
'Red Flags' Give 2nd Circ. Pause In NBA Health Fraud Appeal
A Second Circuit panel appeared skeptical Monday of arguments by two former NBA players convicted of defrauding a league healthcare plan that they were tricked into participating by the scheme's leader, saying the trial evidence included "red flags."
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December 08, 2025
Paul Weiss Guides IBM On $11B Buy Of Cooley-Led Confluent
Tech company IBM, advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Monday unveiled plans to acquire data streaming company Confluent, led by Cooley LLP, in an $11 billion deal.
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December 08, 2025
RealPage Asks To Block NY Rental Pricing Software Law
Property management software company RealPage is asking for a preliminary injunction to block enforcement of a New York law that prohibits building owners from using software to set residential rental rates while its case challenging the statute plays out.
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December 08, 2025
$32M Malpractice Suit Was Filed Too Late, Judge Says
A federal magistrate judge recommended tossing a lawsuit accusing Zeichner Ellman & Krause LLP and one of its partners of aiding a scheme to divert tens of millions of dollars from the Orly Genger 1993 Trust, finding on Friday that every claim lodged by the trust's assignee is barred by the statute of limitations.
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December 09, 2025
CORRECTED: Duane Reade, NYC To Pay $7.2M To NYPD Cops In Wage Suit
Duane Reade and New York City will pay $7.2 million to more than 2,000 New York Police Department officers who claimed in New York federal court that the drug store chain didn't properly compensate them for work performed during off-duty hours.
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December 08, 2025
High Court Wants Feds' Input On Health Workers' Vax Fight
The U.S. Supreme Court asked Monday for the federal government's input on a group of religious workers' challenge to a pandemic-era New York state policy requiring healthcare providers to make their employees be vaccinated against COVID-19.
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December 05, 2025
Real Estate Recap: Energy-Dependent Deals
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how energy scarcity is affecting data center deals.
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December 05, 2025
Feds Wrap Up FARA Case Against Ex-NY Gov. Aide Linda Sun
Brooklyn federal prosecutors on Friday rested their case against a former top aide to New York Gov. Kathy Hochul and former Gov. Andrew Cuomo, after about three weeks of trial over alleged violations of the Foreign Agents Registration Act and other charges.
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December 05, 2025
Fla. Judge OKs Release Of Epstein Grand Jury Transcripts
A Florida federal judge on Friday ordered the release of grand jury transcripts from an investigation of late sex offender Jeffrey Epstein, citing a newly enacted law that the government said overrides a prohibition on disclosing the documents to the public.
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December 05, 2025
2nd Circ. Upholds Toss Of Barclays Investor Case
The Second Circuit on Friday affirmed the dismissal of a proposed securities class action accusing Barclays PLC of misleading investors about its internal controls before the bank accidentally oversold billions of dollars' worth of exchange-traded notes, finding the complaint did not allege that the bank's executives acted with fraudulent intent.
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December 05, 2025
Virtual Asset Fund Sues Game Dev Over Delays, NFT Fraud
An investment fund specializing in virtual "real estate" has accused a game developer of violating securities laws and breaching an agreement by failing to timely deliver an unregistered NFT associated with its unreleased game.
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December 05, 2025
Factory Mutual Sued For $14M In Lost Power Plant Revenue
A power plant owner hit Factory Mutual Insurance Co. with a suit in New York federal court alleging the insurer wrongly withheld at least $14 million in coverage for lost revenue following an outage.
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December 05, 2025
9th Circ. Won't Unfreeze Trump Cuts To Student Mental Health
The Ninth Circuit rejected the Trump administration's effort to undo a lower court's pause on federal funding reductions to K-12 mental health services, siding with a coalition of 16 states seeking to preserve programs established in the wake of high-profile school shootings.
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December 05, 2025
How A Little-Known Law Protects Families In ICE Crackdown
As noncitizen families face a heightened threat of detention and deportation, a legal process originally crafted during the AIDS crisis to keep children in the care of trusted adults during an abrupt separation has taken on new urgency.
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December 05, 2025
For NY Inmate, Jamaica's Violence Waits Outside Prison Walls
Jamaican-born Eric Tolliver is nearing the end of his 33-year prison sentence in New York, but what waits for him on the other side might be worse: deportation to his home country, where many want him dead.
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December 05, 2025
Feds Seek 12 Years For Founder's 'Devastating' Crypto Fraud
Federal prosecutors say Terraform founder Do Kwon should face 12 years in prison, arguing that he "fled from the wreckage" after misleading investors ahead of a $40 billion collapse of his stablecoin crypto project.
Expert Analysis
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How Financial Cos. Can Prep As NYDFS Cyber Changes Loom
Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.
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Series
Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
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Breaking Down The Intersection Of Right-Of-Publicity Law, AI
Jillian Taylor at Blank Rome examines how existing right-of-publicity law governs artificial intelligence-generated voice-overs, deepfakes and deadbots; highlights a recent New York federal court ruling involving AI-generated voice clones; and offers practical guardrails for using AI without violating the right of publicity.
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Series
Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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NY AML Rules Get Crypto Rebrand: What It Means For Banks
A recent letter from the New York State Department of Financial Services outlining how banks can use blockchain analytics in anti-money laundering efforts is a reminder that crypto activity is not exempted from banks' role in keeping the financial system safe, says Katherine Lemire at Lankler Siffert.
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3 Trends From AI-Related Securities Class Action Dismissals
A review of recently dismissed securities class actions centering on artificial intelligence highlights courts' scrutiny of statements about AI's capabilities and independence, and sustained focus on issues that aren't AI-specific, say attorneys at Alston & Bird.
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5 Evolving Marketing Risks That Finance Cos. Should Watch
Financial services providers should beware several areas where consumer protection regulators are broadening their scrutiny of modern marketing practices, such as the use of influencer testimonials or advertisements touting artificial intelligence-powered products, so they can better adapt to changing expectations for compliance, say attorneys at Hinshaw.
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Protecting Sensitive Court Filings After Recent Cyber Breach
In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.
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Despite Fraud Focus, SEC Still Targeting Technical Violations
The U.S. Securities and Exchange Commission under Chairman Paul Atkins has emphasized its back-to-basics strategy, focusing on identifying and combating fraud and manipulation, but at the same time, it has continued to pursue nonfraud-based actions targeting technical rule violations, a trend that will likely continue, say attorneys at Morgan Lewis.
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Series
NY Banking Brief: All The Notable Legal Updates In Q3
Of note in the third quarter of the year, New York state regulators moved forward on their agendas to limit abuse of electronic banking, including via a settlement with stablecoin issuer Paxos and a lawsuit against Zelle alleging insufficient security measures, says Chris Bonner at Barclay Damon.
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Series
Judging Figure Skating Makes Me A Better Lawyer
Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.
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$100K H-1B Fee May Disrupt Rural Healthcare Needs
The Trump administration's newly imposed $100,000 supplemental fee on new H-1B petitions may disproportionately affect healthcare employers' ability to recruit international medical graduates, and the fee's national interest exceptions will not adequately solve ensuing problems for healthcare employers or medically underserved areas, say attorneys at Holland & Knight.
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What Ethics Rules Say On Atty Discipline For Online Speech
Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.
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Kimmel 2nd Circ. Victory Holds Novel Copyright Lessons
The Second Circuit's recent decision in Santos v. Kimmel, dismissing a copyright infringement claim against Kimmel for airing Cameo videos recorded by former U.S. Rep George Santos, examines the unusual situation of copyrighted works created at the request of the alleged infringer, say attorneys at Venable.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.