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Compliance

  • May 09, 2025

    FTC Says Amazon Hid Doc Calling Bezos 'Dark Arts Officer'

    The Federal Trade Commission has urged a Seattle federal court to impose punitive sanctions on Amazon in the commission's lawsuit accusing the e-commerce giant of trapping consumers into Prime subscriptions, saying Amazon withheld tens of thousands of documents in bad faith by baselessly claiming the documents were privileged.

  • May 09, 2025

    Ex-Meinl Bank CEO Extradited To US On $170M Odebrecht Rap

    The former CEO of Austrian lender Meinl Bank AG was extradited from the U.K. and pled not guilty Friday to money laundering charges, stemming from allegations that he helped Odebrecht SA hide $170 million in funds used to bribe officials around the world and defraud the Brazilian government. 

  • May 09, 2025

    Calif. Judge Blocks Trump's Gov't Reorganization, Job Cuts

    A California federal judge on Friday temporarily blocked federal agencies and Elon Musk's Department of Government Efficiency from carrying out President Donald Trump's directive to reduce the government workforce, saying the president doesn't have the constitutional or statutory authority "to reorganize the executive branch."

  • May 09, 2025

    Real Estate Recap: 'Preposterous' Rule, MoFo On Debt, Big 4

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney views of a U.S. Securities and Exchange Commission rule affecting real estate, one BigLaw leader's insights into new debt funds, and what the four largest brokerages said about 2025's first quarter.

  • May 09, 2025

    Feds Rebut Disclosure Delay Claims In Crypto Mixer Case

    Federal prosecutors on Friday fired back at claims they suppressed evidence from the indicted co-founder of crypto mixing service Samourai Wallet, arguing they went beyond what was required when they recently disclosed an "informal conversation" where Treasury employees cast doubt on one of the subsequent charges.

  • May 09, 2025

    BDO Urges Justices To Hear 'Crucial' Auditor Fraud Case

    BDO USA LLP is petitioning the U.S. Supreme Court to hear a case that the firm warns could have "devastating" consequences for public companies' auditors, arguing in a Friday filing that the Second Circuit created a "dangerous precedent" by reviving a lawsuit brought by AmTrust Financial Services Inc. shareholders. 

  • May 09, 2025

    Treasury Pushes To Ax Shareholders' FHFA Director Suit

    The federal government has said a Fannie Mae and Freddie Mac shareholder complaint should be dismissed because it is "devoid of any allegations" that tenure protections for the Federal Housing Finance Agency's director affected their dividend payments. 

  • May 09, 2025

    Feds Put Heat On Foreign Data Transfers With Sweeping Rules

    The U.S. Department of Justice's unexpected guidance and brief enforcement reprieve on a national data security program intended to curb foreign access to Americans' sensitive data has handed companies some welcome breathing room, but the strong interest that federal enforcers have shown in the topic means that businesses can't afford to delay compliance efforts.

  • May 09, 2025

    FINRA To Tweak Some Off-Channel Supervision Obligations

    The Financial Industry Regulatory Authority has said it will modify the supervision plans undertaken by some firms that signed U.S. Securities and Exchange Commission settlements over their failure to keep records of so-called off-channel communications, after the SEC refused to redo some deals reached before 2025.

  • May 09, 2025

    NY Developer Denied More Time To Pay SEC $229M Settlement

    A New York federal judge denied a motion by a real estate developer and his wife to extend the deadline for a $229.6 million payment required under a consent judgment with the SEC to settle claims they had schemed to raise money from hundreds of Chinese investors using false statements.

  • May 09, 2025

    SEC's Crypto Retreat Warrants Court Scrutiny, Crenshaw Says

    The U.S. Securities and Exchange Commission's lone Democratic member called on courts to "take a long hard look" at the agency's reversals in crypto enforcement matters in a scathing dissent of the agency's settlement with blockchain firm Ripple Labs, which she argued "undermines" earlier court decisions in the case.

  • May 09, 2025

    Employment Authority: Biden-Era Wage Rules Tumble

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on what Biden-era wage and hour rules the U.S. Department of Labor has stopped enforcing, what a quorum at the U.S. Equal Employment Opportunity Commission would look like under Trump and how a union is using unconventional methods to organize video game workers. 

  • May 09, 2025

    Wells Fargo Execs Sued In Del. Over 'Sham' Diversity Efforts

    A Wells Fargo stockholder launched a derivative suit on Friday in Delaware's Court of Chancery seeking damages from 17 of the banking giant's directors and officers for potentially billions in costs tied to alleged "sham" diversity-focused recruitment and hiring initiatives.

  • May 09, 2025

    'Proud' Judge Says No Prison For $1.3B Tax Fraud Witnesses

    A Georgia federal judge handed down a pair of what he called "stunningly lenient" no-prison sentences Friday to two brothers who served as key cooperating witnesses in a first-of-its-kind federal case against a sprawling, $1.3 billion tax fraud scheme.

  • May 09, 2025

    Energy Group Backs States' BlackRock Coal Investments Suit

    An energy industry advocacy group backed Texas and several other states' claims that BlackRock Inc. and other investment groups took advantage of their large holdings in publicly traded energy companies to drive up coal prices.

  • May 09, 2025

    Google AI Fixes Are About Tomorrow, DOJ Tells Judge

    The U.S. Department of Justice closed out a D.C. federal court trial seeking to force Google to sell the Chrome browser and prop up rival search engines, with expert testimony arguing Friday that the proposed search monopolization remedies should include artificial intelligence, regardless of what generative AI is like today.

  • May 09, 2025

    Webull Fined $1.6M Over Lax Influencer Ad Oversight

    The Financial Industry Regulatory Authority has fined Webull Financial LLC $1.6 million for allegedly failing to properly monitor or preserve influencers' social media communications about the firm and for not maintaining a sufficient supervisory system for those ads or the disclosure of certain filings for customers.

  • May 09, 2025

    Advocates Upset As Trump Targets 'Woke' Digital Equity

    Broadband deployment advocates protested a Trump administration move to zero out the Digital Equity Fund, a $2.75 billion program to improve digital literacy skills, in a cost-cutting move at the U.S. Department of Commerce.

  • May 09, 2025

    Musk Accused Of Underpaying Petition Bounties

    Elon Musk and his political action committee America PAC got hit with another proposed class action by swing-state voters who say they were not fully paid for putting their names to the petition that he and his PAC promised up to $100 for signing before the 2024 election.

  • May 09, 2025

    9th Circ. Pins SEC Legal Expenses On Recycler, Not Insurer

    The Ninth Circuit affirmed Friday that a Nevada appliance recycler had no coverage for more than $1.3 million in costs associated with a U.S. Securities and Exchange Commission fraud case against it, finding that regardless of which state law applied, the result was unchanged.

  • May 09, 2025

    More Conn. Dentists Reach Kickback Deals With AG, Feds

    Connecticut state and federal authorities have reached more settlements in an ongoing investigation of dentists and dental practices paying kickbacks to patient recruiters, inking deals with providers based in Norwalk worth nearly $650,000, the attorney general's office said Friday.

  • May 09, 2025

    No Immunity For Fla. Cop Who Choked Driver, 11th Circ. Says

    The Eleventh Circuit has ruled that a Florida police officer who allegedly choked and beat a compliant and subdued driver during a traffic stop is not entitled to qualified immunity on the driver's Fourth Amendment claims.

  • May 09, 2025

    EPA Broke Trust Duty In $16M Ovintiv Settlement, Court Told

    A Utah tribe says negotiations between the U.S. government and Ovintiv USA Inc. over a $16 million Clean Air Act consent decree ignored federal protocol and harmed its sovereign interests, telling a federal court that its members will disproportionately suffer from the impacts of energy mineral production.

  • May 09, 2025

    Texas AG Lands $1.4B Data Privacy Settlement With Google

    Google has agreed to shell out $1.375 billion to resolve a pair of suits from Texas Attorney General Ken Paxton over how the tech giant tracked and collected user data including geolocation, incognito-mode searches and biometric data, according to a Friday announcement.

  • May 09, 2025

    Souter's Clerks Remember Him As Humble, Kind And Caring

    Former clerks of retired U.S. Supreme Court Justice David H. Souter are heartbroken over the death of a man many of them remember more for his conscientiousness, humility, kindness and disdain for the spotlight than for his undeniable brilliance as a jurist.

Expert Analysis

  • Issues To Watch At ABA's Antitrust Spring Meeting

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    Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • SEC Crypto Mining Statement Delivers Regulatory Clarity

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    The U.S. Securities and Exchange Commission's March 20 statement clarifying that certain crypto mining activities do not constitute the offer and sale of securities marks the end of the SEC's enforcement-first approach and ushers in a more predictable environment for blockchain innovation and investment, says Jeonghoon Ha at Ha Law.

  • State Extended Producer Responsibility Laws: Tips For Cos.

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    As states increasingly shift the onus of end-of-life product management from consumers and local governments to the businesses that produce, distribute or sell certain items, companies must track the changing landscape and evaluate the applicability of these new laws and regulations to their operations, say attorneys at Alston & Bird.

  • Nev. Fraud Ruling Raises Stakes For Proxy Battles

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    Though a Nevada federal court’s recent U.S. v. Boruchowitz decision involved unusual facts, the court's ruling that board members can be defrauded of their seat through misrepresentations increases fraud risks in more typical circumstances involving board elections, especially proxy fights, say attorneys at ArentFox Schiff.

  • Law Firm Executive Orders Create A Legal Ethics Minefield

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    Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.

  • NLRB Firing May Need Justices' Input On Removal Power

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    President Donald Trump's unprecedented removal of National Labor Relations Board member Gwynne Wilcox spurred a lawsuit that is sure to be closely watched, as it may cause the U.S. Supreme Court to reexamine a 1935 precedent that has limited the president's removal powers, say attorneys at Kelley Drye.

  • The OCC's Newly Relaxed Approach To Bank Crypto Activity

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    With the early March rescission of Biden-era interpretive guidance, the Office of the Comptroller of the Currency has loosened its approach to regulating national banks and federal savings associations' crypto-asset activities, possibly removing one barrier to banks engaging in such activities, say attorneys at Debevoise.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.

  • 5 Steps To Promote Durable, Pro-Industry Environmental Regs

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    The U.S. Environmental Protection Agency's planned wave of deregulation will require lengthy reviews, and could be undone by legal challenges and future changes of administration — but industry involvement in rulemaking, litigation, trade associations, and state and federal legislation can help ensure favorable and long-lasting regulatory policies, say attorneys at Balch & Bingham.

  • Trade Policy Shifts Raise Hurdles For Gov't And Cos. Alike

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    The persistent tension between the Trump administration's fast-moving and aggressive trade policies and the compliance-heavy nature of the trade industry creates implementation challenges for both the business community and the government, says Sara Schoenfeld at Kamerman.

  • Firms Must Embrace Alternative Billing Models Or Fall Behind

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    As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.

  • Opinion

    7 Ways CFTC Should Nix Unnecessary Regulatory Burdens

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    Several U.S. Commodity Futures Trading Commission regulations do not work efficiently in practice, all of which can be abolished or improved in order to comply with a recent executive order requiring the elimination of 10 regulations for every new one implemented, say attorneys at K&L Gates.

  • Key Insurance Issues Likely To Arise From NY Superfund Law

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    The recently enacted New York Climate Change Superfund Act imposes a massive $75 billion in liabilities on energy companies in the fossil fuel industry, which can be expected to look to their insurers for coverage, raising a slew of coverage issues both old and new, say attorneys at Wiley.

  • How Attorneys Can Master The Art Of On-Camera Presence

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    As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.

  • Justices' TikTok Ruling Sets Stage For 1st Amendment Battle

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    The U.S. Supreme Court's landmark ruling upholding a law requiring TikTok's sale sets the stage for an inevitable clash between free speech and government interests and signals that future cases will turn on whether a regulation poses a substantial burden on speech, say attorneys at Dykema.

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