蜜桃视频

Anthropic's Atty Says Client's Own AI Created Error In Filing

By Dorothy Atkins

A Latham & Watkins LLP associate representing Anthropic in the artificial intelligence company's copyright fight with music publishers said Thursday that she used Anthropic's own Claude.ai tool to help draft an expert's declaration that included an erroneous citation, but she argued the error was "an honest citation mistake and not a fabrication of authority."

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Zuckerberg Can't Avoid Deposition In Meta Health Privacy Suit

By Hailey Konnath

A California federal judge on Wednesday refused to rethink her earlier order forcing Meta CEO Mark Zuckerberg to give a limited deposition in privacy litigation over a Facebook tool's alleged collection of patient health information, rejecting Meta's arguments that other executives are better suited to testify.

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Google Leads In Filing The Most AI Patent Applications

By Adam Lidgett

Google is outpacing other Big Tech companies like Microsoft and IBM in filing patent applications in the artificial intelligence space, both globally and in the U.S., according to a new report.

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SEC Focused On 'Rooting Out' AI Abuse, Agency Atty Says

By Jessica Corso

The U.S. Securities and Exchange Commission is focused on "rooting out" the misuse of artificial intelligence by brokerage firms and publicly traded companies, a California audience heard Thursday as agency attorneys tried to combat the perception that the SEC's enforcement arm has gone silent.

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Coinbase Confirms SEC Probe, Discloses User Data Breach

By Aislinn Keely

Crypto exchange Coinbase said Thursday that it's cooperating with a U.S. Securities and Exchange Commission investigation over concerns about how it reported its user metrics in past disclosures, addressing the matter hours after it separately disclosed that it had been extorted over stolen user data.

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SEC Cuts $512K Deal To End Atty's Racial Bias Suit

By Dorothy Atkins

The U.S. Securities and Exchange Commission has agreed to pay $512,500 to end a former commission lawyer's discrimination claims alleging she was denied a promotion due to her race and age, according to court documents filed in Pennsylvania federal court on Thursday.

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Apple Accused Of False IPhone AI Promises In 50-State Suit

By Lauren Berg

Apple pulled a bait-and-switch on phone buyers when it promised that new artificial intelligence features would be available on the iPhone 16, despite knowing it hadn't yet developed those features, according to a sprawling proposed class action that brings claims under consumer protection laws in all 50 states.

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Brief

Senate Confirms Trump's Pick For EPA General Counsel

By Juan-Carlos Rodriguez

The U.S. Senate on Thursday voted to confirm Sean Donahue as the U.S. Environmental Protection Agency's general counsel.

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Analysis

House Tax Bill's Foreign Rules May Finish Off Energy Perks

By Kat Lucero

House Republicans' mammoth tax bill proposes phasing out two popular clean electricity business tax credits, but additional restrictions on eligible development projects' foreign business ties could have the same effect as immediately repealing them.

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SEC, FINRA Staff Retract 2019 Statement On Crypto Custody

By Sarah Jarvis

U.S. Securities and Exchange Commission and Financial Industry Regulatory Authority staff on Thursday withdrew a joint statement from President Donald Trump's first term warning that existing consumer protection safeguards may not be effective or available for digital asset securities.

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FTC Chair Says Staffing Cuts Needed After Hiring Spree

By Matthew Perlman

Federal Trade Commission Chairman Andrew Ferguson told lawmakers on Thursday that the previous administration hired too many agency staffers and said he is looking to reduce the workforce by around 16% while trying to avoid layoffs.

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蜜桃视频 Slashes Final Chopra-Era Fine From Over $2M To $45K

By Jon Hill

The Consumer Financial Protection Bureau on Thursday slashed an enforcement fine for Wise, a global money transfer fintech, by nearly 98%, shaving almost $2 million off a previous settlement for misleading customers about its fees and other costs.

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NJ Securities Chief Fills In For Departing Consumer Watchdog

By Ryan Harroff

New Jersey's securities enforcement chief is temporarily filling in as the state's consumer watchdog, as the individual confirmed to the latter role seven months ago is departing, according to an announcement by Attorney General Matt Platkin.

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Regeneron Wins $271.2M In Amgen Antitrust Suit

By Jeff Montgomery

A federal jury in Delaware put Amgen Inc. on the hook Thursday for at least $271.2 million in punitive damages arising from an alleged scheme that undercut Regeneron's price for its Praluent anti-cholesterol drug by bundling Amgen's competing, higher-priced Repatha with rebates for two expensive, blockbuster medications. 

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Coinbase May Avoid BiT Global's $1B Antitrust Suit, For Now

By Bonnie Eslinger

A California federal judge indicated Thursday she'll likely toss a $1 billion antitrust case against Coinbase claiming the cryptocurrency exchange delisted BiT Global after launching a competing "wrapped" bitcoin product for trading on decentralized exchanges, saying the suit didn't plausibly allege that Coinbase gave false justifications for dropping the rival.

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Consumer Bid To Block Capital One-Discover Deal Falters

By Jon Hill

A California federal judge Wednesday rejected a group of consumers' last-minute bid to delay Capital One Financial Corp.'s impending purchase of Discover Financial Services, unpersuaded that the deal poses serious enough potential antitrust concerns to support a preliminary injunction.

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Student Clearinghouse Gets Final OK For $10M Breach Deal

By Hailey Konnath

A Massachusetts federal judge has granted final approval to National Student Clearinghouse's proposed $9.95 million settlement resolving allegations that the student data company's lax security practices exposed Social Security numbers and personal information in the hack of Progress Software's MOVEit file transfer tool.

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DC Circ. Questions Exchanges' Challenge To SEC Fee Caps

By Tom Zanki

A D.C. Circuit panel expressed skepticism on Thursday of stock exchanges' arguments that the U.S. Securities and Exchange Commission exceeded its authority when it approved across-the-board caps on exchange fees tied to new rules aimed at reducing trading costs.

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SEC-Ripple Deal Hits Speed Bump With NY Judge

By Aislinn Keely

The New York federal judge who oversees the U.S. Securities and Exchange Commission's enforcement case against blockchain firm Ripple Labs declined Thursday to bless a deal that would truncate the penalties and injunctions she levied in her judgment, saying the request was made in a "procedurally improper" way.

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Spinal Implant Co. CEO Pleads Guilty Ahead Of Kickback Trial

By Brian Dowling

The head of a Massachusetts medical device company pled guilty Thursday to a false statements charge days before he was set to face a jury over claims that he and another executive bribed surgeons with sham consulting deals to get them to use the company's spinal implants.

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DC Circ. Doubts Jurisdiction In Baristas' NLRB Challenge

By Ali Sullivan

A D.C. Circuit panel expressed skepticism Thursday that it had any role in deciding two Starbucks workers' challenge to job protections for National Labor Relations Board members now that the agency agrees with the baristas' argument.

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SEC's Crypto Statement Offers Clarity On Disclosures

While the crypto industry awaits a definitive rule from the U.S. Securities and Exchange Commission on whether a crypto-asset is a security, its recent guidance provides a road map for registrants seeking to comply with current disclosure requirements and shows the commission is working toward a comprehensive regulatory framework, say attorneys at Debevoise.

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Maintaining Legal Compliance For GenAI In Life Sciences

As companies continue to implement generative artificial intelligence to enhance all phases of drug discovery, they must remain mindful of legal, regulatory and practical considerations as best practices in this space emerge and evolve, say attorneys at Sullivan & Cromwell.

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Only Certainty About FAR Reform Order Is Its Uncertainty

The president’s recent order overhauling the Federal Acquisition Regulation, which both contractors and agencies rely on to ensure predictability and consistency in federal procurement, lacks key details about its implementation, which will likely eliminate many safeguards that ensure contractors are treated fairly and that procurements are awarded in a reasonable manner, say attorneys at Miles & Stockbridge.

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Series

Teaching Business Law Makes Me A Better Lawyer

Teaching business law to college students has rekindled my sense of purpose as a lawyer — I am more mindful of the importance of the rule of law and the benefits of our common law system, which helps me maintain a clearer perspective on work, says David Feldman at Feldman Legal Advisors.

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9th Circ. Mulls DOJ Shield Of Jones Day VW Documents

By Linda Chiem

A Ninth Circuit panel on Friday questioned whether it could force the U.S. Department of Justice to hand over confidential Volkswagen documents it obtained through a grand jury subpoena that were part of Jones Day's internal investigation into the automaker's 2015 emissions-cheating scandal.

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Attys With 'Borrowed' Claims Can't Skip Inquiry, Lumen Says

By Jared Foretek

Telecommunications company Lumen has told the Colorado Supreme Court that attorneys still need to conduct their own "objectively reasonable inquiry" when borrowing claims from outside litigants, in the hopes of beating a shareholder suit that took allegations from other cases despite attorneys not speaking to the witnesses.

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Trump Calls On Justices To Stay Block Of Gov't Restructuring

By Beverly Banks

President Donald Trump asked the U.S. Supreme Court on Friday to pause a California federal judge's order temporarily halting agencies from implementing an executive order to plan reorganizations and reductions in force, claiming the lower court's decision has caused confusion and wasted taxpayer dollars.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Jackson Walker Criticizes JC Penney Fee Suit As 'Money Grab'

By Emily Sawicki

Jackson Walker LLP wants out of a fee suit brought by former client J.C. Penney, arguing that the bankrupt department store's wind-down debtors entered claims as a "leverage play and a money grab" after learning that a firm partner had engaged in a yearslong undisclosed relationship with a Texas bankruptcy judge.

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Progressive, Kanner & Pintaluga Slam Accident Data Suit

By Ryan Harroff

Progressive Casualty Insurance Co. and Kanner & Pintaluga PA have filed separate motions in Texas federal court to dismiss a proposed class action accusing the two of conspiring to share auto crash victims' private information against state and federal law, with each arguing that the allegations, as the insurer put it, "make no sense."

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5th Circ. Asked To Undo Houston Firm's 'Absurd' PPP Denial

By Catherine Marfin

A Houston firm asked the Fifth Circuit to reverse the U.S. Small Business Administration's "absurd" denial of its loan forgiveness under a COVID-19-era program, writing that a "good faith but mistaken answer" to an application question would have produced a different result under changed guidelines.

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Law360's Legal Lions Of The Week

By Kevin Penton

Hogan Lovells and the Fomby Law Firm lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that courts must weigh the full sequence of events — not just the instant a threat arises — when deciding if police used excessive force.

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American Arbitration Assoc. Accused Of Pro-Corp. Monopoly

By Bonnie Eslinger

The American Arbitration Association monopolizes the market for consumer arbitration and is "an unfair forum where consumers lose" to corporate defendants, according to a proposed consumer class action filed in Arizona federal court.

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Susman Godfrey Expands DEI Scholarships Amid Trump Fight

By Emily Johnson

Susman Godfrey LLP announced Friday that the firm has expanded a scholarship program for law students of color to a total of $100,000 — up from $70,000 the firm handed out last year — amid criticism from the Trump administration that the prizes constitute racial discrimination as the firm battles the government over an executive order targeting it.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

An SEC enforcement officer has told business leaders to expect more empathy from the agency, as well as fewer outside compliance monitors. And an ousted ATF chief counsel is fighting back by co-founding a boutique law firm to defend federal workers in employment battles.

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