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Compliance
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July 31, 2025
Yahoo Says Chubb Unit Must Cover Potential EU Privacy Fines
Yahoo says a Chubb subsidiary is obligated to cover regulatory fines that might be leveled against one of the tech company's subsidiaries for violating the European Union's data privacy law, but the insurer has refused to honor the policy, according to a lawsuit filed this week in Delaware.
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July 31, 2025
DraftKings' $10M Deal With NFT Buyers Gets Final Green Light
Sports betting giant DraftKings Inc. and purchasers of certain nonfungible tokens it offered have gotten a judge's final sign-off for their $10 million deal ending claims the tokens ran afoul of securities laws.
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July 31, 2025
11th Circ. Says 'Urban Cowboy' Can Amend Taken Horses Suit
A divided Eleventh Circuit on Thursday granted a Georgia man whose horses were seized by Atlanta-area authorities a fresh shot at amending a lawsuit over the seizure, with the majority saying the lower court wrongly found that amending the suit was futile under the Fifth Amendment's takings clause.
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July 31, 2025
'Abusive Behavior' Spurs $195M Add To Phillips 66 IP Verdict
A California state judge added $195 million in exemplary damages to a $605 million trade secrets verdict against oil giant Phillips 66 following its "abusive behavior" toward startup and onetime acquisition target Propel Fuels.
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July 31, 2025
SEC's Atkins Launches 'Project Crypto' To Overhaul Policy
U.S. Securities and Exchange Commission Chairman Paul Atkins said Thursday that he's mobilized staff across the agency to craft rules and exemptions for digital assets, a plan aimed at bringing the crypto industry back onshore with a recent set of White House recommendations serving as the "blueprint."
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July 31, 2025
Dems Say DHS Visits Blocked Amid Reports Of 'Mistreatment'
A dozen Democratic members of the U.S. House of Representatives sued the Trump administration in D.C. federal court over a new U.S. Department of Homeland Security policy that delays and prevents members of Congress from conducting visits to federal immigration detention facilities, where the lawmakers say there are growing reports of mistreatment, overcrowding and unsanitary conditions.
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July 31, 2025
Fed Joins In Letting Banks Use Third-Party Customer ID Info
The Federal Reserve on Thursday relaxed a post-Sept. 11 identity check rule for banks under its oversight, joining other federal financial regulators in allowing the use of certain information provided by third-party sources.
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July 31, 2025
Dems Press OCC Head On Regulating Trump's Crypto Biz
Top Senate Democrats on banking and financial committees urged the Comptroller of the Currency Thursday to detail how he will address the potential for interference by President Trump now that the agency is charged with regulating stablecoins like the one the president's family has launched.
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July 31, 2025
NTSB Hearing Probes Air Traffic Control In DCA Collision
Air traffic controllers often juggled both helicopter and fixed-wing plane traffic at Ronald Reagan Washington National Airport, trusted pilots to use their own judgment to visually maintain safe distances from other planes in certain situations and adopted a "just make it work" approach, according to details from the National Transportation Safety Board.
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July 31, 2025
State Regulators Push FERC To Nix $22B Grid Projects Plan
Several state utility regulators have urged the Federal Energy Regulatory Commission to reject a regional grid operator's $21.8 billion transmission development plan, saying the plan's benefits are overstated and wrongly forces them to subsidize the clean energy goals of other states.
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July 31, 2025
DOJ Says Defense Co., PE Firm To Pay $1.75M For FCA Claims
A defense contractor and private equity firm in California will pay $1.75 million to settle allegations that they failed to meet the cybersecurity requirements of a U.S. Air Force contract, federal prosecutors said Thursday.
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July 31, 2025
Hospitals Want To Duck Pharmacy Career Match Program Suit
A professional pharmacy organization and a group of teaching hospitals teed up motions to dismiss Wednesday against proposed class action allegations that they conspired to restrict wages and benefits by funneling new pharmacists through a job-matching program, telling a Maryland federal judge that there's no sign of an agreement.
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July 31, 2025
Colo. Court Affirms Stalking Conviction In 'True Threat' Case
The Colorado Court of Appeals on Thursday declined to overturn the stalking and harassment convictions of a man who claimed his threatening emails to a police officer were protected First Amendment speech.
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July 31, 2025
Dems Aim To Make FTC's Blocked Click-To-Cancel Rule Law
Following an Eighth Circuit decision earlier this month that struck down the Federal Trade Commission's "click to cancel" rule, three House Democrats are trying to make it the law of the land to let consumers cancel subscriptions with a single click.
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July 31, 2025
Ex-FDIC Chair 'Livid' Over Toxic Workplace Claims, OIG Says
An investigation by the Federal Deposit Insurance Corp.'s inspector general has found evidence that former Chair Martin Gruenberg and four unnamed ex-senior officials "personally engaged in some degree of inappropriate workplace conduct," in the latest report on the sexual harassment and toxic workplace scandal that erupted into public view nearly two years ago.
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July 31, 2025
NY Gaming Commission Can't Escape Tribal Lottery Row
A federal judge denied a renewed bid by the New York State Gaming Commission to dismiss a challenge by the Cayuga Nation that looks to block the entity from operating lottery games on the tribe's self-proclaimed reservation, saying the commissioners failed to establish a lack of equity jurisdiction.
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July 31, 2025
Capital One Says It Is Disputing FDIC Underpayment Claim
Capital One told investors on Thursday that the Federal Deposit Insurance Corp. is trying to make it pay a greater share of cleanup costs from the 2023 regional banking crisis after taking issue with its call reporting, an effort the bank said it is pushing back on. Â
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July 31, 2025
Zoom Investor Gets Final OK For Derivative Suit Settlement
A Delaware federal judge granted final approval on Thursday to a settlement reached in a shareholder derivative suit accusing the top brass of Zoom of pulling in $172.9 million via insider sales after its 2019 initial public offering and before shares fell during the early days of the COVID-19 pandemic.
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July 31, 2025
Crypto Co., NBA Arm Strike $7M Deal Over NFT Privacy Claims
Users of the nonfungible token marketplace known as NBA Top Shot asked a California federal judge Thursday to grant the first green light to a $7.05 million settlement they reached with the marketing arm of the NBA and a cryptocurrency company that will resolve a class action over privacy concerns related to the marketplace.
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July 31, 2025
FCC Urged To Review Delay On New Prison Phone Rate Rules
Inmate-rights advocates are calling on the Federal Communications Commission to reconsider its delay of new prison phone rate rules In June, arguing that no one asked for the blanket two-year pause and that no notice and comment process was undertaken.
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July 31, 2025
Fed. Circ. Judges Cast Doubts On Trump Tariff Powers
Several Federal Circuit judges raised concerns about whether President Donald Trump's tariffs imposed under the International Emergency Economic Powers Act override constitutional and congressional authority during oral arguments Thursday in their questions to better understand the extent of the appeals court's review.
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July 31, 2025
Vistra Pays $38M To End FERC Market Manipulation Case
Vistra Corp. has agreed to pay $38 million to end long-running Federal Energy Regulatory Commission litigation alleging that affiliate Dynegy Inc. manipulated electricity capacity auction rules in 2015, which led to consumers being unjustly overcharged.
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July 31, 2025
Full FCC Hearing Sought On T-Mobile, UScellular Tie-Up
Several trade and public interest groups urged the Federal Communications Commission to hold a full agency review of T-Mobile's plan to take over most of UScellular after FCC staff gave the deal a green light almost three weeks ago.
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July 31, 2025
Seattle Sues Trump Administration Over Anti-DEI Grant Terms
The city of Seattle sued the Trump administration in Washington federal court on Thursday, targeting two executive orders that require federal funding recipients to adopt the president's stances on diversity efforts and gender or risk losing money for a range of critical causes.
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July 31, 2025
Witness' Use Of 'Fraud' Doesn't Cancel TV Sports Exec's Verdict
The First Circuit rejected arguments by a former executive at the cable channel for the Boston Red Sox and Boston Bruins that a witness' use of the word "fraud" and testimony about his lavish spending tainted the jury that convicted him of a fake invoice scheme.
Expert Analysis
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Forced Labor Bans Hold Steady Amid Shifts In Global Trade
As businesses try to navigate shifting regulatory trends affecting human rights and sustainability, forced labor import bans present a zone of relative stability, notwithstanding outstanding questions about the future of enforcement, say attorneys at Simpson Thacher.
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Grappling With Workforce-Related Immigration Enforcement
To withstand the tightening of workforce-related immigration rules and the enforcement uptick we are seeing in the U.S. and elsewhere, companies must strike a balance between responding quickly to regulatory changes, and developing proactive strategies that minimize risk, say attorneys at Fragomen.
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Strategies For Cos. Navigating US-Indian Pharma Partnerships
Recent policy adjustments implemented by the U.S. government present both new opportunities and heightened regulatory scrutiny for the Indian life sciences industry, amplifying the importance of collaboration between the Indian and U.S. pharmaceutical sectors, say Bryant Godfrey at Foley Hoag and Jashaswi Ghosh at Holon Law Partners.
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DOJ-HHS Collab Crystallizes Focus On Health Enforcement
The recently announced partnership between the U.S. Department of Justice and U.S. Department of Health and Human Services to combat False Claims Act violations, following a multiyear trend of high-dollar DOJ recoveries, signals a long-term enforcement horizon with major implications for healthcare entities and whistleblowers, say attorneys at RJO.
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Opinion
The SEC Should Embrace Tokenized Equity, Not Strangle It
The U.S. Securities and Exchange Commission should grant no-action relief to firms ready to pilot tokenized equity trading, not delay innovation by heeding protectionist industry arguments, says J.W. Verret at George Mason University.
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Compliance Changes On Deck For Banks Under Texas AI Law
Financial services companies, including banks and fintechs, should evaluate their artificial intelligence usage to prepare for Texas' newly passed law regulating AI governance, noting that the enforcement provisions provide for an affirmative defense to liability, say attorneys at Mitchell Sandler.
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What To Do When Congress And DOJ Both Come Knocking
As recently seen in the news, clients may find themselves facing parallel U.S. Department of Justice and congressional investigations, requiring a comprehensive response that considers the different challenges posed by each, say attorneys at Friedman Kaplan.
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Series
Law School's Missed Lessons: Learning From Failure
While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.
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Tips For Crypto AI Agent Developers Under SEC Watch
With agents powered by artificial intelligence increasingly making decisions in the cryptocurrency world, there's a chance the U.S. Securities and Exchange Commission could use the Investment Advisers Act to regulate this technology in financial services, but there are ways developers can mitigate regulatory risks, say attorneys at Morrison Cohen.
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Trans Bias Suits Will Persist Despite EEOC's Shifting Priorities
In U.S. Equal Employment Opportunity Commission v. Sis-Bro, an Illinois federal court let a transgender worker intervene in a bias suit that the EEOC moved to dismiss, signaling that the agency's pending gender identity-related actions will carry on even as its priorities shift to align with the new administration, say attorneys at Venable.
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Lessons On Parallel Settlements From Vanguard Class Action
A Pennsylvania federal judge’s unexpected denial of a proposed $40 million settlement of an investor class action against Vanguard highlights key factors parties should consider when settlement involves both regulators and civil plaintiffs, say attorneys at Ropes & Gray.
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How Justices' Ruling On NEPA Reviews Is Playing Out
Since the U.S. Supreme Court's May decision in Seven County Infrastructure Coalition v. Eagle County, narrowing the scope of agencies' required reviews under the National Environmental Policy Act, the effects of the ruling are starting to become visible in the actions of lower courts and the agencies themselves, say attorneys at Saul Ewing.
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How The Healthline Privacy Settlement Redefines Ad Tech Use
The Healthline settlement is the first time California has drawn a clear line in the sand around how website tracking must function in practice, so if your site uses tracking technologies, especially around sensitive content like health or finance, regulators are inspecting your website's back end, not just its banner, say attorneys at Baker Donelson.
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How Sweeping Budget Bill Shakes Up Health Industry
With the recently passed One Big Beautiful Bill Act marking one of the most significant overhauls of federal health policy since the passage of the Affordable Care Act, providers, managed care organizations and life sciences companies must now shift focus from policy review to implementation planning, say advisers at Holland & Knight.
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Legal Ops, Compliance Increasingly Vital To Antitrust Strategy
With deal timelines tightening and disclosure requirements intensifying, legal operations and compliance teams are becoming critical drivers of premerger strategy, cross-functional alignment and regulatory credibility, says Alexander Lima at Wesco International.