New York

  • May 28, 2026

    SEC OKs Paxos As 1st 'Blockchain-Native' Clearing Agency

    Blockchain infrastructure firm Paxos said Thursday that the U.S. Securities and Exchange Commission has signed off on its clearing agency registration for blockchain-based settlement in what Paxos said is a first-of-its-kind approval.

  • May 28, 2026

    2nd Circ. Cites Macquarie Case In Tossing Gap Investor Suit

    The Second Circuit on Thursday upheld the dismissal of a proposed class action accusing The Gap Inc. of misleading investors about demand for its Old Navy brand's plus-size clothing line, ruling that the plaintiffs couldn't overcome a test imposed by the U.S. Supreme Court in 2024's Macquarie decision.

  • May 28, 2026

    CNN Accuses AI Co. Perplexity Of 'Free Riding' On Reporting

    CNN on Thursday became the latest news publisher to accuse Perplexity of copyright infringement, asserting in a complaint filed in New York federal court that the self-described artificial intelligence "answer engine" copied more than 17,000 of the network's stories, videos and images without permission.

  • May 28, 2026

    Ex-TD Bank Worker Admits Role In $3M Customer Fraud Scam

    A former TD Bank NA financial service representative entered a plea deal in New Jersey federal court Wednesday, admitting to defrauding bank customers and bribing an employee at another financial institution to falsify bank records to facilitate a $3.4 million fraud scheme.

  • May 28, 2026

    Zoetis Hit With Investor Suit Over Slowed Pet Drug Sales

    Animal health company Zoetis Inc. has been hit with a proposed shareholder class action accusing it of misleading investors about its growth prospects amid rising competition and shifting trends in the veterinary industry.

  • May 28, 2026

    SEC Fines David Lerner Associates For Reg BI Violations

    New York-based brokerage firm David Lerner Associates Inc. will pay $200,000 to settle U.S. Securities and Exchange Commission claims that the firm failed on over 200 occasions to exercise reasonable care in recommending mutual fund shares to customers that caused them to pay higher transaction costs.

  • May 28, 2026

    GMO Trust Investors Get Final OK For $6.8M Deal

    GMO-Z.com Trust and buyers of the GYEN stablecoin have received final approval of a $6.8 million deal to end the buyers' claims they suffered losses when the coin was "de-pegged" from the Japanese yen.

  • May 28, 2026

    9th Circ. Warned Of Market Forces In Nexstar-Tegna Case

    The National Association of Broadcasters told the Ninth Circuit that a lower court's view of the market in a case challenging the $6.2 billion merger between Nexstar and Tegna is inconsistent with its members' experience and contradicts industry data recently submitted to regulators.

  • May 28, 2026

    Bestar Wins Ch. 15 Bid Amid Landlord Deposit Tussle

    A Delaware bankruptcy judge on Thursday granted Chapter 15 recognition to Canadian furniture company Bestar Inc. over the objection of a landlord seeking a $250,000 security deposit for potential damages that could occur when Bestar's foreign representative begins to liquidate a western New York factory next month.

  • May 28, 2026

    Spirit Seeks Bonuses To Keep Top Brass Through Wind-Down

    Spirit Airlines has asked a New York bankruptcy judge to approve an incentive program aimed at keeping its CEO, general counsel and vice president of special projects employed while the carrier winds down.

  • May 28, 2026

    Justices Say First Step Act Not 'Vehicle' For Innocence Claim

    The U.S. Supreme Court held Thursday that judges lack wide discretion to pare down sentences for criminal defendants under the First Step Act based on questions about the validity of a conviction, shutting the door on a potential wave of postconviction relief petitions, experts said.

  • May 27, 2026

    Google Worker Charged With $1.2M Polymarket Insider Fraud

    A Google software engineer faces charges that he made more than $1.2 million by placing insider bets on Polymarket using the search giant's confidential data, and then tried to conceal his proceeds and actions, according to criminal and civil complaints unveiled Wednesday in New York federal court.

  • May 27, 2026

    CFTC Agrees To Abandon Biden-Era Gemini Crypto Settlement

    The U.S. Commodity Futures Trading Commission and the Winklevoss-owned crypto exchange Gemini have asked a New York federal court to vacate a $5 million settlement ending allegations that Gemini misrepresented a bitcoin futures contract, telling the court that the agency now believes its complaint shouldn't have been filed.

  • May 27, 2026

    Ex-Doximity Exec Gets 2 Years For Insider Trading Scheme

    The former chief revenue officer of medical professional networking platform Doximity Inc. has been sentenced by a New York federal judge to just over two years in prison for securities fraud related to his trading on inside information before the company's earnings calls, prosecutors announced Wednesday.

  • May 27, 2026

    Ecuador Oil Co. Must Arbitrate $650M Fraud Suit

    A Pennsylvania federal judge on Wednesday ordered Ecuador's state-owned oil shipping company to arbitrate its $650 million lawsuit over events at the heart of an impeachment scandal involving former Ecuadorian President Guillermo Lasso, ruling that underlying arbitration clauses are valid and enforceable.

  • May 27, 2026

    NY Firms Lose Lead Role In Starbucks Shareholder Suit

    A Washington federal judge struck an earlier order granting co-lead roles to two New York law firms in a consolidated shareholder action against Starbucks Corp., handing a win Wednesday to two plaintiffs who'd challenged the appointment and said their own counsel would be better suited for the job.

  • May 27, 2026

    FIFA Corruption Charges Get Officially Tossed

    A New York federal judge signed off Wednesday on the dismissal of charges in the massive FIFA-related corruption dragnet against a former 21st Century Fox executive and an Argentine sports marketing company, months after prosecutors said they were dropping the case.

  • May 27, 2026

    3 Generic Drug Antitrust Deals Totaling $17.9M Get Final Nod

    A Connecticut federal judge on Wednesday gave final approval to a $17.9 million generic drug price-fixing settlement between pharmaceutical companies Bausch Health US LLC, Bausch Health Americas Inc., and Lannett Co. Inc. and 48 states, territories, and governments, finding the terms reasonable despite an objection.

  • May 27, 2026

    CFTC Sends Prediction Markets Proposal To White House

    The U.S. Commodity Futures Trading Commission confirmed to Law360 on Wednesday that it has sent its planned rules for event contracts to the White House for review, marking another step toward issuing prediction market regulations amid jurisdictional battles with state gaming regulators.

  • May 27, 2026

    NFL's High Court Loss Is Lesson For Fair Employee Contracts

    The NFL's failed bid at the U.S. Supreme Court to resolve a former coach's racial discrimination claims via arbitration serves as a warning to businesses seeking to draft employment contracts with few options and limited rights for workers.

  • May 27, 2026

    West Point Prof. Wins Speech Injunction Over Approval Rule

    A New York federal court has blocked West Point from requiring civilian faculty to get permission before using their school affiliation in external engagements involving their area of expertise, finding a civilian professor will likely prevail in his First Amendment challenge.

  • May 27, 2026

    2nd Circ. Says Creditor Agent Could Be Served In Ch. 11 Suit

    The Second Circuit has found that when a Chinese textile company authorized an insurer to fully collect on a $3 million bankruptcy claim, it authorized the insurer's agent to accept service for a suit that would reduce the amount of the claim.

  • May 27, 2026

    Spirit OK'd For $275M DIP To Simplify 20-Plane Sale In Ch. 11

    Spirit Airlines received approval Wednesday for $275 million in Chapter 11 financing that aims to simplify the previously approved sale of 20 aircraft to a stalking horse buyer as it seeks to preserve assets during its wind-down.

  • May 27, 2026

    Pharmacies Hit With Injunction In Gilead Counterfeit Drug Row

    A New York federal judge has issued a preliminary injunction blocking a pair of Queens pharmacies from selling any human immunodeficiency virus medications that bear the Gilead name or the name of two of its products.

  • May 27, 2026

    Live Nation Wants AGs' Discovery To Wait On New Trial Bid

    Live Nation has told a New York federal judge that its bids for a new trial or judgment in its favor should go before state attorneys general to get discovery as they seek the forced divestiture of Ticketmaster to address the live music giant's monopoly.

Expert Analysis

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • How 2025 Recalibrated Fair Use For The AI Era

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    Although the Second Circuit's decision last year in Romanova v. Amilus Inc. did not involve artificial intelligence, its formulation of relevant fair use factors provides a useful guide for lower courts examining AI cases in 2026, demanding close attention from legal practitioners on both sides of these disputes, say attorneys at Cleary.

  • 2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

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    Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Prisoners' Access To Health Info Should Have No Bars

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    To safeguard against unnecessary deaths in custody, courts and policymakers should clarify that incarcerated individuals’ constitutional right to medical care also includes access to sufficient information about their medical conditions, lifting current restrictions that can lead to crucial information being withheld, says Jaehyun Oh at Jacob Fuchsberg Law.

  • Navigating The New Wave Of Voluntary Benefit ERISA Suits

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    Four recent complaints claiming that employees pay unreasonable premiums for voluntary benefit programs contribute to a trend in Employee Retirement Income Security Act class actions targeting employers and benefits consultants over such programs, increasing scrutiny of how the programs are selected, priced and administered, say attorneys at Holland & Knight.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • Key False Claims Act Trends From The Last Year

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    The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

  • Series

    Hosting Exchange Students Makes Me A Better Lawyer

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    Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • Why 2026 Could Be A Bright Year For US Solar

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    2025 was a record-setting year for utility-scale solar power deployment in the U.S., a trend that shows no signs of abating, so the question for 2026 is whether permitting, interconnection, and state and federal policies will allow the industry to grow fast enough to meet demand, say attorneys at Beveridge & Diamond.

  • Navigating Privilege Law Patchwork In Dual-Purpose Comms

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    Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • 5 Advertising Law Trends That Will Shape 2026

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    The legal landscape for advertisers will grow only more complex this year, with ongoing trends including a federal regulatory retreat, more aggressive action by the states, a focus on child privacy and expanded scrutiny of "natural" claims, say attorneys at Reed Smith.

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