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Compliance

  • June 13, 2025

    Ex-Vinco Ventures Chair Inks SEC Deal Over Investor Fraud

    A former chairman of media and technology company Vinco Ventures Inc. who in April copped to lying about company operations and secretly ceding control of the business to his romantic partner has reached an agreement to end parallel U.S. Securities and Exchange Commission allegations.

  • June 13, 2025

    Quinn Emanuel Drops Binance Founder Amid $8M Fraud Suit

    Quinn Emanuel Urquhart & Sullivan LLP has withdrawn as counsel for the founder of Binance amid an $8.1 million lawsuit against him, telling a Massachusetts federal judge that the former cryptocurrency exchange executive has breached an agreement with the law firm and moved for arbitration against it.

  • June 13, 2025

    Liberty Latin America Pays $24K To End Ownership Probe

    Liberty Latin America Ltd. has reached a consent decree with the Federal Communications Commission to pay $24,000 and adopt a compliance plan to resolve an investigation into whether it violated foreign ownership limits.

  • June 13, 2025

    Calif. State Bar Is Immune From Atty's ADA Suit, 9th Circ. Says

    The Ninth Circuit on Friday declined to revive an attorney's claims alleging the California State Bar violated the Americans with Disabilities Act by not granting extra time to respond to disciplinary action based on outstanding debt, finding the bar, as an arm of the state, is entitled to sovereign immunity.

  • June 13, 2025

    Trump Ends Protections, Funding For Columbia River Basin

    President Donald Trump has pulled the U.S. from a Biden-era agreement with two Pacific Northwest states and three tribal nations to restore salmon populations in the Columbia River Basin and increase clean energy production, saying his administration is committed to protecting the country from "radical green agenda policies."

  • June 13, 2025

    MV Realty CEO Banned From Real Estate Biz In NC

    The CEO of brokerage MV Realty is banned from doing professional real estate business in North Carolina and local homeowners were released from "predatory" agreements that they signed with one of his other companies, the state's attorney general announced Friday.

  • June 13, 2025

    Ga. Bank Ends Ex-Workers' Suit Over Liquidation Of Shares

    A Georgia-based bank agreed to settle a proposed class action claiming it unlawfully forced former workers out of its employee stock ownership plan, preventing them from receiving their share of a $23.3 million dividend on company stock, according to a filing Friday in federal court.

  • June 13, 2025

    The Law Firm Loophole: How Debt Cos. Snare NC Consumers

    To get around bans in North Carolina and many other states, debt relief companies set up facade law firms — companies that are law firms in name only, with a tiny number of lawyers nominally serving thousands of clients, consumer advocates and regulators say.

  • June 13, 2025

    DC Circ. Urged To Reject Approval For Braille-Free Drug Label

    Vanda Pharmaceuticals Inc. is urging the D.C. Circuit to reverse a lower court decision upholding the U.S. Food and Drug Administration's approval of a generic sleep-disorder drug without Braille labeling, a move the company argues jeopardizes patient safety.

  • June 13, 2025

    Employment Authority: How Bias Audits Can Quell DEI Fights

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how employers can audit their diversity programs to ensure they don't raise concerns of bias, why unions are backing a California bill requiring self-driving delivery vehicles to have human help and how the rollback of Washington, D.C.'s tip credit saw a recent setback.

  • June 13, 2025

    Trump's Firing Of CPSC Commissioners Ruled Illegal

    A Maryland judge ruled Friday that the removal of three U.S. Consumer Product Safety Commission commissioners by President Donald Trump was unlawful, finding a 1935 U.S. Supreme Court ruling that protected a Federal Trade Commission member from removal applies to the members of the CPSC. 

  • June 13, 2025

    Enviro Orgs. Challenge Trump's Mercury Rule Pass For Coal Plants

    As the Trump administration moves to undo recently tightened mercury emissions rules for coal-fired power plants, environmental groups have challenged President Donald Trump's decision to exempt dozens of plants from the stricter standards.

  • June 13, 2025

    11th Circ. Holds Local GOP Had Right To Bar Anti-Trumpers

    An Eleventh Circuit panel has sided with a county-level Georgia Republican Party and reversed a federal district court's dismissal of the party's suit, which looked to vindicate its right to exclude purportedly anti-Trump candidates from qualifying for local office on the GOP ticket.

  • June 13, 2025

    SEC, Ripple Again Ask NY Judge To Approve Settlement

    The U.S. Securities and Exchange Commission and Ripple Labs Inc. have again urged a New York federal judge to approve lower penalties against the blockchain company citing "exceptional circumstances," following the judge's previous rejection of the joint request on procedural grounds.

  • June 13, 2025

    MoneyGram Will Pay $250K To Finish Off ÃÛÌÒÊÓÆµ, NY Suit

    MoneyGram has agreed to pay $250,000 to end a Biden-era remittance practice suit that was on its last legs after the Consumer Financial Protection Bureau pulled out of the enforcement action earlier this year, leaving the New York attorney general as the sole plaintiff.

  • June 13, 2025

    Ex-Ill. Speaker Madigan Gets 7½ Years For Bribery

    An Illinois federal judge on Friday sentenced former Illinois House Speaker Michael Madigan to seven and a half years in prison and fined him $2.5 million for his conviction on bribery, conspiracy and wire fraud charges, saying his determination that Madigan perjured himself on the stand at trial impacted the stiff penalty.

  • June 13, 2025

    Chervon, Lowe's Say Recall Blocks Explosive Battery Suit

    Chervon North America Inc. and Lowe's Home Centers LLC urged an Illinois federal court Friday to throw out a proposed class action alleging they made and sold lithium-ion batteries that were prone to overheating and combusting, saying a December recall already provided all the relief the plaintiffs could receive.

  • June 13, 2025

    Ichor, Orthofix CEOs Face Suits Over 'Short-Swing' Gains

    The CEOs of semiconductor manufacturing company Ichor Holdings Inc. and orthopedic solutions company Orthofix Medical Inc. were hit with suits alleging they owe "short-swing" profits to their respective companies after buying and selling company stock within a six-month period.

  • June 13, 2025

    Calif. Residents Sue Over 'Pick 'Em' Fantasy Sports Contest

    A pair of San Francisco residents filed a proposed class action in California federal court against SidePrize LLC for allegedly telling customers its "Pick 'Em" daily fantasy sports contests are legal in the state when they are actually prohibited gambling operations.

  • June 13, 2025

    Pa. Home Care Agency Owner Gets Prison, $235K Restitution

    The New York-based owner of a Berks County, Pennsylvania, home care agency has been sentenced to spend a month in jail and repay $235,778 in fraudulently billed Medicaid claims, the Pennsylvania Attorney General's Office announced Friday.

  • June 13, 2025

    Cannabis Fund Seeks End Of $145M Mismanagement Suit

    An investment fund has decided to voluntarily dismiss its lawsuit against two California businessmen who allegedly squandered $145 million given to them by a now dead Russian billionaire to launch cannabis grow operations in the state.

  • June 13, 2025

    Fla. Judge Tosses $500M Red Cross Haiti Relief Suit

    A Florida federal judge has tossed a proposed class action accusing the American Red Cross of misusing over $500 million meant for Haitian earthquake victims after finding that the plaintiffs failed to establish standing.

  • June 13, 2025

    SEC's Atkins Selects New Leaders Across Several Divisions

    The U.S. Securities and Exchange Commission on Friday named leaders to key divisions overseeing investment funds, stock exchanges and corporate accounting practices, marking the latest wave of fresh personnel brought in by new SEC Chair Paul Atkins.

  • June 13, 2025

    FCC Urged To Clarify 'Quiet Hours' Call Restrictions

    A telemarketing trade group is continuing to push the Federal Communications Commission to rule that recipients of solicitations during the commission's designated "quiet hours" cannot sue if they previously consented to getting messages.

  • June 13, 2025

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Compliance experts say corporate leaders with business interests south of the border are worried about possible terrorism-related charges under the Trump administration for inadvertently working with the cartels. Meanwhile, the head of Glass Lewis pushed back against allegations from some lawmakers concerning the firm's "expansive, opaque and ideologically driven influence" on companies. These are some of the stories in corporate legal news you may have missed in the past week.​

Expert Analysis

  • Series

    Power To The Paralegals: The Value Of Unified State Licensing

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    Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

  • What's Next For Lab Test Regulation Without FDA Authority

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    A recent Texas federal court decision vacating the U.S. Food and Drug Administration's final rule that would apply FDA regulations to laboratory-developed tests signals potential positive impacts in the diagnostic space, and could inspire more healthcare entities to litigate against the government, say attorneys at Hooper Lundy.

  • 1st Circ. Ruling May Slow SEC Retail Investment Advice Cases

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    The First Circuit's recent ruling, finding the U.S. Securities and Exchange Commission did not substantiate its $93.3 million fine against a retail investment adviser, may raise the threshold on materiality findings in these cases and add a speed bump resulting in fewer such actions, say attorneys at Weil.

  • What Greenwashing Looks Like, And How To Navigate Claims

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    Recent cases show that consumers seeking to challenge sustainability claims as greenwashing face significant legal hurdles, and that companies can avoid liability by emphasizing context, says Felicia Boyd at Norton Rose.

  • 11 Tips For Contractors Dealing With DOD Staff Reductions

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    Defense contractors should prepare for a wide range of disruptions related to procurement and contract administration that are likely amid federal workforce reductions, say attorneys at Covington.

  • GC Nominee Likely Has Employer-Friendly NLRB Priorities

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    President Donald Trump’s nomination of Crystal Carey as general counsel of the National Labor Relations Board indicates the administration's intent to revive precedents favorable to employers, including expansion of permissible employer speech and reinstatement of procedural steps needed for employees to achieve unionization, say attorneys at Vorys.

  • Pay Cos. That Adapt Can Benefit As Gov't Ends Paper Checks

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    Recent executive orders, instructing the government to cease issuing paper checks and to modernize and fraud-proof federal payments, will likely benefit financial services providers that facilitate government disbursements — provided they can manage the challenges and risks of transitioning to fully digital payments, say attorneys at Davis Wright.

  • New Anti-Corruption Task Force Bolsters Int'l Collaboration

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    The recent creation of an anti-corruption task force by the U.K., France and Switzerland demonstrates a commitment to tackling bribery within national and international frameworks, and organizations within these jurisdictions’ remit, including U.S. companies operating in Europe, should review their compliance practices to ensure they address diverging requirements, say lawyers at Skadden.

  • A Close Look At The Rescinded Biden-Era NLRB Memos

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    National Labor Relations Board acting general counsel William Cowen's recent decision to rescind several guidance memoranda from his predecessor signals that he aims to move the board away from expanding organizing rights and to provide more room for employers to protect their operations and workforce, say attorneys at Holland & Knight.

  • 4 Takeaways From La. Coastal Wetland Damage Verdict

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    A recent $745 million verdict in a case filed by a Louisiana parish against Chevron for violating a Louisiana environmental law illustrates that climate-related liabilities pose increasing risk and litigation risk may not follow a red state versus blue state divide, say attorneys at ArentFox Schiff.

  • Staying The Course On Consumer Financial Law Compliance

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    Although there may be some regulatory uncertainty, with many rule changes on hold, and enforcement actions and investigations terminated, 11 fundamental laws and rules governing consumer financial services are unlikely to change, say attorneys at K&L Gates.

  • 10 Soft Skills Every GC Should Master

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    As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.

  • How Proxy Advisory Firms Are Approaching AI And DEI

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    Institutional Shareholder Services' and Glass Lewis' annual updates to their proxy voting guidelines reflect some of the biggest issues of the day, including artificial intelligence and DEI, and companies should parse these changes carefully, say attorneys at Cahill Gordon.

  • 6 Criteria Can Help Assess Executive Branch Actions

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    With new executive policy changes announced seemingly every day, several questions can help courts, policymakers and businesses determine whether such actions are proper, effective and in keeping with our democratic norms, say Marc Levin and Khalil Cumberbatch at the Council on Criminal Justice.

  • Reviving A Dormant Criminal Statute In Antitrust Prosecution

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    The U.S. Department of Justice is poised to revive a dormant misdemeanor statute to resolve bid-rigging charges against a foreign national, providing important context to a recent effort to entice foreign defendants to take responsibility for pending charges or face the risk of extradition, say attorneys at Axinn.

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