• December 10, 2023

    Trump Cancels Plan To Testify In NY Fraud Trial Defense

    Donald Trump abruptly canceled his plans to testify in his defense on Monday in the New York attorney general's civil fraud case, announcing the decision in a series of social media posts on the eve of his expected return to the Manhattan courtroom.

  • December 09, 2023

    Google And Epic CEOs Fail To Reach Deal As Trial Nears End

    Google LLC and Epic Games Inc. told a California federal judge late Friday that Google CEO Sundar Pichai and Epic CEO Tim Sweeney failed to reach a deal after they were ordered to mid-trial settlement talks, clearing the way for closing arguments Monday in their contentious antitrust battle.

  • December 08, 2023

    EU Policymakers Clear Way For Passing Of Landmark AI Act

    European Union policymakers on Friday reached an agreement on rules that would put guardrails on businesses' use of artificial intelligence, removing the final major barrier to the bloc enacting the world's first comprehensive law to tackle the potential risks posed by AI systems.

  • December 08, 2023

    WilmerHale Hired To Probe Sam Altman's Ouster From OpenAI

    OpenAI announced Friday that it has tapped two experienced WilmerHale attorneys to conduct a review of the tumultuous period that saw Sam Altman leave the company as chief executive before being reinstated less than two weeks later.

  • December 08, 2023

    Estee Lauder Inflated Growth Potential, Investor Suit Says

    Cosmetics company Estee Lauder and two of its executives face an investor's proposed class action alleging the company announced unrealistic expectations for growth amid ongoing impact to its business from the COVID-19 pandemic.

  • December 08, 2023

    HHS Settles 1st Enforcement Strike Over Phishing Cyberattack

    The U.S. Department of Health and Human Services revealed Thursday that it had resolved its first-ever enforcement action over a phishing cyberattack, disclosing a $480,000 settlement with a Louisiana medical group that the agency claimed failed to adequately safeguard the electronic health information it held. 

  • December 08, 2023

    Calif. Privacy Board Wary Of Overbroad AI Regulations

    Staffers for California's privacy regulator faced tough questions from the five-member board at a hearing Friday on proposed plans for regulating technologies fueled by artificial intelligence, with some members expressing concerns that the proposed regulations may be overbroad and disconnected from consumer privacy rights.

  • December 08, 2023

    7th Circ. Takes Hard Look At CFPB Redlining Appeal

    The Consumer Financial Protection Bureau and a Chicago mortgage lender each faced a skeptical Seventh Circuit judge Friday as the appellate court weighed whether it should revive the agency's redlining lawsuit accusing the lender of unlawfully disparaging majority-Black neighborhoods.

  • December 08, 2023

    Solicitor General Urges Justices To Ax Social Media Laws

    U.S. Solicitor General Elizabeth B. Prelogar has called on the U.S. Supreme Court to strike down laws in Texas and Florida that bar social media platforms from banning users or removing content, saying the content moderation provisions violate the First Amendment.

  • December 08, 2023

    Nasdaq Pays $4M To Settle Alleged Iran Sanctions Breaches

    Nasdaq will pay $4 million to resolve claims it engaged in 151 apparent violations of the Iranian Transactions and Sanctions Regulations when it processed transactions through the Armenian Stock Exchange involving Mellat Armenia, the subsidiary of Iran's state-owned institution, Bank Mellat, the U.S. Department of the Treasury announced Friday.

  • December 08, 2023

    Binance Investors Want To Depose Ex-CEO 'Before He Flees'

    The investors suing cryptocurrency exchange Binance over money laundering and securities law violations have asked to depose its former CEO Changpeng Zhao as he awaits a February sentencing connected to his guilty plea in a related criminal case.

  • December 08, 2023

    Ex-CEO Admits Securities Fraud In Fake COVID Test Case

    A former biotech CEO pled guilty in D.C. federal court Thursday to charges of securities fraud, wire fraud and obstruction after he concocted a scheme to defraud investors by falsely telling them he had developed a new blood-based COVID-19 test despite knowing the test didn't exist.

  • December 08, 2023

    Carriers Object To Expanding Data Breach Notification Rule

    The three major telecommunications companies and their industry groups are rallying against the Federal Communications Commission's proposal on data breach notification, calling the agency's definition of what constitutes sensitive personal information overly broad.

  • December 08, 2023

    OCC Pressed For Details On Ex-Fintech Official's Hiring, Work

    House Republicans are calling on the Office of the Comptroller of the Currency to explain more about how it hired a now-former fintech official whose resume was apparently falsified and say what role, if any, he might have had in shaping recent policymaking at the agency.

  • December 08, 2023

    SEC Taps New Attys To Respond To Judge's Sanctions Threat

    A new set of attorneys with the U.S. Securities and Exchange Commission will handle the regulator's response to a Utah federal judge's demand for insight on alleged misrepresentations made by the regulator to obtain emergency measures against crypto project Debt Box.

  • December 08, 2023

    Tesla Investor Sues For Docs On Musk 'Glass House' Outlays

    A Tesla Inc. stockholder sued in Delaware's Court of Chancery Friday seeking access to a range of company documents that include details on until-recently secret purchases by the company of millions of dollars worth of large, specialized glass panels for founder Elon Musk's "new house."

  • December 08, 2023

    Sierra Club Handed Loss In NH Coal Plant Permit Dispute

    A New Hampshire federal judge has rejected the Sierra Club and Conservation Law Foundation's claims that a power plant on the Merrimack River has repeatedly violated its National Pollution Discharge Elimination System permit with discharges of heated water into the river, holding that the conservation groups failed to show enough proof to support their claims.

  • December 08, 2023

    Judge Grants SEC Receiver For GPB Capital Amid CEO Case

    A New York federal judge has adopted a magistrate judge's recommendation to appoint a receiver for GPB Capital Holdings amid a criminal case against its former CEO, agreeing with the U.S. Securities and Exchange Commission that the executive breached a court order by trying to reassert control over the company.

  • December 08, 2023

    Seattle Pot Shop Sued Over Collapsed Deal To Sell Licenses

    A lawsuit in a Washington state court says a cannabis company broke a $480,000 settlement by not maintaining a business license associated with a dispensary or keeping up with payments owed to the plaintiff.

  • December 08, 2023

    NJ PR Firm To Repay $2M Fraudulent COVID Loan

    A major New Jersey public relations firm has reached a settlement with the federal government resolving allegations that the company unlawfully took a $2 million loan from the Paycheck Protection Program during the COVID-19 pandemic, according to an announcement from the U.S. Attorney's Office for the District of New Jersey.

  • December 08, 2023

    GOP Sens Demand FDIC Chair Quit After Workplace Reports

    The top Republican on the Senate banking committee and four other Republicans are calling on the chair of the Federal Deposit Insurance Corp. to resign following news reports about a toxic culture at the agency.

  • December 08, 2023

    Ex-JPM Traders' Appeal Can't Stop Spoofing Suit, CFTC Says

    The Commodity Futures Trading Commission urged an Illinois federal judge this week to lift a stay on its lawsuit accusing two convicted former JPMorgan Chase precious metals traders of manipulating commodities markets, saying the agency's civil case should move forward now that the pair has been convicted in parallel criminal proceedings, regardless of the traders' plans to appeal.

  • December 08, 2023

    FTC Wants More Info On Chevron's $53B Hess Deal

    The Federal Trade Commission has deepened its probe of a second megadeal in the oil and gas industry, asking for more information about Chevron's planned $53 billion purchase of Hess Corp., the companies said Friday.

  • December 08, 2023

    Online Lenders Want More Time To Implement Robotext Plan

    Online lenders say they need more time to fall in line with the new rules that the Federal Communications Commission is planning to pass in order to close the "lead generator loophole," which would require websites with comparison shopping to get consent to be contacted one seller at a time.

  • December 08, 2023

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Tesla drive patent proceedings against technology company InterDigital, Genesis band members say That's (not) All in a breach of contract claim against Virgin Records, and betting giant Entain play its hand in a claim over its acquisition of BetCity last year. Here, Law360 looks at these and other new claims in the U.K.

Expert Analysis

  • Reading The Fine Print On FDA's Prescription Drug Ad Rule

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    The U.S. Food and Drug Administration's new final rule regarding the disclosure of risks and side effects in ads for prescription drugs includes some broad and potentially subjective language, and some missed opportunities to address how traditional media formats have changed in recent years, say attorneys at Ropes & Gray.

  • What Banks Should Know About FDIC Assessment Rule

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    Max Bonici at Venable answers questions banking organizations may have about the Federal Deposit Insurance Corp.'s recent approval of a rule implementing a special assessment on banks to recoup costs associated with protecting uninsured depositors after the bank failures earlier this year, and highlights other considerations for uninsured deposits.

  • Ill. Temp Labor Rules: No Clear Road Map For Compliance

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    While the delay of a particularly thorny provision of the Illinois temporary worker law will provide some short-term relief, staffing agencies and their clients will still need to scramble to plan compliance with the myriad vague requirements imposed by the other amendments to the act, say Alexis Dominguez and Alissa Griffin at Neal Gerber.

  • Series

    Performing Music Makes Me A Better Lawyer

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    The discipline of performing live music has directly and positively influenced my effectiveness as a litigator — serving as a reminder that practice, intuition and team building are all important elements of a successful law practice, says Jeff Wakolbinger at Bryan Cave.

  • Green Tech And IP From Obama Through Biden: What's Next?

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    J. Douglas Miller and Matthew Dills at Shumaker consider how positions on the environment have shifted along with the last three U.S. presidential administrations, how these shifts have affected investment in sustainable green technologies and intellectual property strategies, and how the future might look.

  • Reverse Proffers In Federal Criminal Cases Can Be A Win-Win

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    The increasingly popular reverse proffer — in which prosecutors disclose evidence to targets of a criminal investigation — can help the government test its case and persuade witnesses to cooperate, and can help defendants sharpen their strategies and obtain favorable deals by choosing to cooperate, say Jeffrey Martino and Byron Tuyay at Baker McKenzie.

  • 'Patient' Definition Ruling Raises Discount Drug Questions

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    A South Carolina federal court's recent decision in Genesis Health Care v. Becerra supports a broader definition of a "patient" eligible to receive discounted drugs under the Section 340B program, but raises a host of novel questions regarding how the decision will affect covered entities and enforcement actions, say attorneys at McDermott.

  • Private Industry Is Taking The Lead On AI Governance

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    Although no mature body of law for artificial intelligence exists yet, businesses promoting responsible AI governance are responding in real time to real-world concerns about the risks of this emerging technology, instead of relying on regulators and lawmakers, whether driven by altruistic motivations, competitive concerns or regulatory tactics, says Chris Wlach at Huge.

  • The SEC's Cooled Down But Still Spicy Private Fund Rules

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    Timothy Spangler and Lindsay Trapp at Dechert consider recently finalized U.S. Securities and Exchange Commission rules, which significantly alter the scope of obligations private fund advisers must meet under the Investment Advisers Act, noting the absence of several contentious proposals and litigation that could result in implementation delays.

  • 5th Circ. Ruling Sets Bostock, Faith Exemption Up For Review

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    The Fifth Circuit's Braidwood v. Equal Employment Opportunity Commission decision could tee up U.S. Supreme Court review of whether employing an individual to whose protected class the employer objects infringes on the employer's religious beliefs, potentially narrowing LGBTQ worker protections from the high court's 2020 Bostock v. Clayton County decision, says Adam Grogan at Bell Law.

  • Expect CFPB Flex Over Large Nonbank Payment Cos.

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    A recent enforcement action and a new rule proposal from the Consumer Financial Protection Bureau indicate a growing focus on the nonbank payment ecosystem, especially larger participants, in 2024, say Felix Shipkevich and Jessica Livingston at Shipkevich.

  • Breaking Down High Court's New Code Of Conduct

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    The U.S. Supreme Court recently adopted its first-ever code of conduct, and counsel will need to work closely with clients in navigating its provisions, from gift-giving to recusal bids, say Phillip Gordon and Mateo Forero at Holtzman Vogel.

  • High Court's Chevron Review May Be A Crypto Game-Changer

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    The outcome of the U.S. Supreme Court's review of the Chevron doctrine in its pending Loper v. Raimondo case will potentially usher in a paradigm shift in cryptocurrency regulation, challenging agency authority and raising hopes for a recalibrated approach that favors judicial interpretation, says Sylvia Favretto at Mysten Labs.

  • A Gov't Contractor's Guide To Davis-Bacon Prevailing Wages

    Excerpt from Practical Guidance
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    In light of shifting federal infrastructure priorities and recent updates to U.S. Department of Labor regulations, employers should take the time to revisit the basics of prevailing wage requirements for federal contractors under the Davis-Bacon Act and similar laws, says Timothy Taylor at Holland & Knight.

  • What New DHS Cybersecurity Policy Means For Bid Protests

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    The U.S. Department of Homeland Security's recently unveiled policy of factoring cybersecurity self-assessments into its overall evaluation of contractors could raise novel bid protest considerations for offerors in both the pre-award and post-award contexts, say Amy Hoang at Seyfarth and Sandeep Kathuria at L3Harris Technologies.

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