Top Stories

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  Crypto Selloff Sends Trading Platform BlockFills To Ch. 11

  By Alex Wittenberg

  Cryptocurrency company BlockFills has filed for Chapter 11 protection in Delaware bankruptcy court with up to $5...(read more)

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  Trump Executive Order Targets 'Made In America' Labeling

  By Emily Field

  President Donald Trump on Friday issued an executive order directing the Federal Trade Commission to draft regul...(read more)

• Grok Makes Child Abuse Images For XAI's Profit, Victims Say

  By Lauren Berg

  Elon Musk's xAI puts profits above all else by knowingly serving pedophiles who use the Grok generative artificial intelligence platform to transform ordinary photographs of children into child sexual abuse material they can trade with other predators across the internet, according to a lawsuit filed Monday in California federal court.

• BofA Reaches Deal In Epstein Enabling Class Action

  By Sarah Jarvis

  Bank of America has reached a settlement in principle with a plaintiff who accused it in a proposed class action of facilitating Jeffrey Epstein's sex crimes, according to a Monday court filing.

• J&J's Lack Of Malice Gets $966M Talc Verdict Cut To $16M

  By Rae Ann Varona

  A California state judge slashed $950 million in punitive damages from a $966 million jury verdict against Johnson & Johnson on Friday in a lawsuit involving an 88-year-old woman who died of mesothelioma, saying the estate's counsel failed to sufficiently show the pharmaceutical giant acted maliciously.

• Amgen And Sanofi End Repatha IP Fight Heard By Justices

  By Dani Kass

  Amgen Inc. and Sanofi have settled patent litigation over competing cholesterol drugs Repatha and Praluent, more than two years after they dueled at the U.S. Supreme Court, Sanofi confirmed Monday.

• SEC Enforcement Head Resigns After 7 Months

  By Sarah Jarvis

  The U.S. Securities and Exchange Commission announced Monday that its enforcement director, Judge Margaret "Meg" Ryan, has resigned from the agency after nearly seven months on the job. 

• Apache Women Urge Justice Kagan To Halt Ariz. Land Swap

  By Crystal Owens

  A group of Apache women are asking Supreme Court Justice Elena Kagan to block the federal government's transfer of a sacred Apache worship site within Arizona's Tonto National Forest to a copper mining company, arguing that this could be the last chance to prevent a generational tragedy.

• Public Storage Inks $10.5B Deal To Create Industry Giant

  By Al Barbarino

  Public Storage Inc. said Monday it has agreed to acquire National Storage Affiliates Trust at an enterprise value of about $10.5 billion, with three law firms advising the REITs as they seek to create one of the largest self-storage platforms in the U.S.

• Trump To Get 5th North Carolina Federal Court Vacancy

  By Courtney Bublé

  President Donald Trump will get another judicial vacancy to fill in North Carolina with U.S. District Judge William L. Osteen Jr. of the Middle District of North Carolina recently announcing he will take senior status.

• Atty Who Sought Trump Pardons Accused Of Extorting Client

  By Stewart Bishop

  A South Carolina attorney and lobbyist who has billed himself as a fixer for prisoners seeking clemency from President Donald Trump made an appearance in Brooklyn federal court Saturday, following his arrest over accusations that he tried to extort a client for over half a million dollars.

• CFPB Can't Rely On 'Erroneous' Funding Theory, Court Says

  By Lauren Berg

  The Consumer Financial Protection Bureau must continue to request needed funding from the Federal Reserve, a California federal judge ruled Friday, saying Trump administration budget chief Russell Vought "acted arbitrarily, capriciously and contrary to law" by refusing to replenish the agency's dwindling funds.

• 4th Circ. Genworth Ruling Raises Bar For ERISA Class Actions

  By Kellie Mejdrich

  A recent Fourth Circuit decision in a suit challenging Genworth Financial Inc.'s inclusion of target-date fund investments as employee retirement plan options will make it tougher to certify similar class actions and could have a ripple effect in a broader range of cases, experts told Law360.

• States Seek To Block Trump's Latest 10% Tariff Order

  By Kat Lucero

  President Donald Trump's order imposing 10% tariffs on countries worldwide is unlawful because it conflicts with the international payments authority he immediately invoked to justify it, two dozen states argued Friday while asking the U.S. Court of International Trade to strike down or block the regime.