New York

  • December 03, 2025

    FINRA Fines Barclays For Pandemic-Era Supervision Backlog

    The Financial Industry Regulatory Authority has fined Barclays' broker-dealer arm $325,000 over a COVID pandemic-era backlog of unreviewed documents related to employees' outside brokerage accounts, with the regulator alleging the firm violated supervisory rules.

  • December 03, 2025

    Pharma Co. Exec Faces $125K SEC Judgment In Fraud Case

    A New York federal judge on Wednesday approved a $125,000 civil penalty against the former chief science officer of BioZone Pharmaceuticals Inc. for his alleged involvement in a purported pump-and-dump scheme involving the company's stock.

  • December 03, 2025

    NY Judge Won't Nix Madagascar Plant Award

    A New York federal judge has enforced an approximately $4 million arbitral award relating to a soured Madagascan power plant project, rejecting power developer Symbion and R.W. Chelsea Energie Ltd.'s assertions that the award should be nixed because the arbitrator allegedly disregarded key evidence.

  • December 03, 2025

    Seatrium Fights Maersk's Wind Farm Contract Termination

    A Singapore-headquartered energy engineering company has initiated arbitration proceedings against a Maersk Offshore Wind affiliate over a terminated $475 million deal, saying it breached their contract for a turbine installation vessel at a wind farm project off the coast of New York.

  • December 03, 2025

    Investors In Pot Co. Cronos Ask Court To OK $10M Settlement

    An investor is asking a New York federal court to approve a $10 million deal to end a nearly 5-year-old class action accusing cannabis company Cronos Group Inc. and its executives of artificially inflating company revenue by improperly recording "round-trip" transitions as sales.

  • December 03, 2025

    4th Circ. Upholds 25-Year Sentence For Bomb Instruction

    A man sentenced to 25 years in prison for teaching an informant how to use explosives to repel federal agents cannot argue the law used to convict him is unconstitutional, the Fourth Circuit ruled on Wednesday, with a dissenting judge worried the decision could have the effect of "chilling" free speech.

  • December 03, 2025

    Rag & Bone Gets Temporary Relief In Suit Over 'Miramar' Mark

    Fashion brand Rag & Bone secured a temporary restraining order on Wednesday against an intellectual property holding company from asserting ownership over a trademark of the term "Miramar," saying Rag & Bone had shown it was likely to suffer irreparable harm without court intervention.

  • December 03, 2025

    Archegos Founder Says Davis Polk Job Offer Taints Restitution

    Archegos founder Bill Hwang, who is serving an 18-year sentence for defrauding banks out of billions of dollars in loans used to manipulate the market, asked to vacate his restitution order because the presiding judge's clerk accepted a job with Davis Polk & Wardwell LLP, which represents victim-bank Morgan Stanley.

  • December 03, 2025

    Novartis, Swiss Marketer Want Out Of Trade Secrets Suit

    A Swiss marketing company and its founder have joined pharmaceutical giant Novartis in asking a Manhattan federal judge to release them from a hedge fund's suit accusing the founder of brokering business meetings with Novartis in a scheme to steal its strategy, claiming the suit is merely an attempt to punish Novartis for placing money with a competitor.

  • December 03, 2025

    Fanatics, NFT Co. Strike Deal To Settle Ex-Exec's FMLA Suit

    Fanatics and a digital collectibles company struck a settlement with a former executive to end a suit alleging he was fired for seeking parental leave, according to a New York federal court order Wednesday.

  • December 03, 2025

    Class Counsel Win $17.5M Cut Of Pentegra $48.5M ERISA Deal

    A New York federal court gave its final sign-off to a $48.5 million settlement between Pentegra Retirement Services and employee 401(k) plan participants who alleged mismanagement, and also approved class counsel's request for a $17.5 million cut of that sum for attorney fees and litigation expenses.

  • December 03, 2025

    DC Judge Orders ICE To Disclose Metadata In FOIA Fight

    U.S. Immigration and Customs Enforcement must disclose certain metadata from two databases relating to detention and removal operations, a D.C. federal court ruled, finding ICE improperly withheld information following a court-ordered analysis to sift out publicly releasable information.

  • December 03, 2025

    Virginia Bar Declines To Investigate Interim US Atty Halligan

    The Virginia State Bar has declined to investigate whether Lindsey Halligan should face discipline over her scandal-plagued tenure as the interim U.S. attorney for the Eastern District of Virginia, just days after a federal judge ruled she was not properly appointed to that post.

  • December 03, 2025

    Crypto Firm JKL Gets Chapter 15 Nod For BVI Liquidation

    A New York bankruptcy judge on Wednesday agreed to give U.S. recognition of JKL Holdings' British Virgin Islands liquidation as liquidators probe the former cryptocurrency investment firm's U.S. assets.

  • December 03, 2025

    Judge Frees 10th Grader Arrested By 'Swarm' Of ICE Agents

    A Manhattan federal judge on Wednesday ordered the release of a 10th-grade student from Venezuela who was arrested last month at an immigration check-in, finding that his due process rights were violated by U.S. Immigration and Customs Enforcement.

  • December 03, 2025

    Ecuadorian Cocoa Co. Says Quebec Seller Must Arbitrate

    An Ecuadorian cocoa supplier is asking a New York federal court to compel arbitration against a Quebecois chocolatier in a $2 million contract dispute, saying the Quebec company violated their contract by initiating litigation in its home province.

  • December 03, 2025

    Ex-Bernstein Litowitz Atty Starts Firm After Contentious Exit

    A former Bernstein Litowitz Berger & Grossmann LLP partner known for handling high-profile stockholder cases has led the launch of a boutique focused on corporate disputes and securities litigation after the firm says he was fired for misconduct.

  • December 02, 2025

    NY AG Claims Peak Capital Illegally Deregulated Apartments

    A New York City developer wrongfully took advantage of a rent-stabilization exemption for building renovations to profit from illegally deregulating rent-stabilized apartments, New York State and its Division of Housing and Community Renewal alleged in state court.

  • December 02, 2025

    NY Judge Seals Mangione's Arrest Footage Until Murder Trial

    A New York state judge ruled Tuesday that footage of the arrest of Luigi Mangione, accused of the murder of UnitedHealthcare CEO Brian Thompson in Manhattan, will be sealed to the public — at least until he rules on its admissibility.

  • December 02, 2025

    States Hit Abbott With FCA Suit Over Infant Formula Recall

    Seven states, including California, Michigan and New York, on Monday intervened in a False Claims Act suit brought by the federal government against Abbott Laboratories over the 2022 infant formula crisis seeking to recoup funds spent on the tainted baby food.

  • December 02, 2025

    SDNY Head Backs Good Deals For Quick Cooperation By Cos.

    Manhattan U.S. Attorney Jay Clayton on Tuesday said he's prepared to offer "real benefits" to corporations facing criminal investigations if they quickly agree to cooperate and compensate victims, ideally in the form of comprehensive, government-wide resolutions.

  • December 02, 2025

    Instacart Challenges NYC's New Grocery Delivery Regulations

    Instacart on Tuesday asked a federal court to block New York City's new regulations for app-based delivery workers, claiming that the new minimum wage, consumer tipping options and disclosure requirements run afoul of limits to the city's authority and threaten Instacart's operations.

  • December 02, 2025

    Judge Blocks Planned Parenthood Funding Cut In 22 States

    A Massachusetts federal judge Tuesday stopped the Trump administration from halting Medicaid reimbursements to Planned Parenthood clinics in 22 states, ruling the funding cutoff likely violated requirements to warn the states ahead of time about the change.

  • December 02, 2025

    DeFi Treasury Co. Faces Investors' Crypto Competition Suit

    An investment firm is bringing a proposed securities class action accusing DeFi Technologies Inc. of misleading them and others about the extent of competition the crypto treasury company faced and other factors that allegedly negatively impacted its stock price.

  • December 02, 2025

    Marsh Wins Bid To Block Solicitation In Client Poaching Suit

    A New York federal court issued a preliminary injunction barring California-based insurance broker Alliant and two employees from soliciting and accepting the workers' former Marsh & McLennan Agency clients, yet refused to prevent their continued servicing of clients who have already moved their business to Alliant.

Expert Analysis

  • How Financial Cos. Can Prep As NYDFS Cyber Changes Loom

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    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.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    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.

  • Breaking Down The Intersection Of Right-Of-Publicity Law, AI

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    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.

  • Series

    Painting Makes Me A Better Lawyer

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    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.

  • NY AML Rules Get Crypto Rebrand: What It Means For Banks

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    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.

  • 3 Trends From AI-Related Securities Class Action Dismissals

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    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.

  • 5 Evolving Marketing Risks That Finance Cos. Should Watch

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    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.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    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.

  • Despite Fraud Focus, SEC Still Targeting Technical Violations

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    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.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q3

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    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.

  • Series

    Judging Figure Skating Makes Me A Better Lawyer

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    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.

  • $100K H-1B Fee May Disrupt Rural Healthcare Needs

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    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.

  • What Ethics Rules Say On Atty Discipline For Online Speech

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    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.

  • Kimmel 2nd Circ. Victory Holds Novel Copyright Lessons

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    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.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    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.

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