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July 07, 2026
Kalshi cannot block New York from enforcing its gambling laws against the prediction market platform's sports-related offerings while the company pursues litigation accusing the state of intruding on the federal government's regulatory authority over derivatives trading, a federal judge ruled Tuesday.
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July 07, 2026
A California federal judge on Tuesday sentenced two former executives of a telehealth company who were convicted of operating a $100 million scheme to illegally distribute Adderall over the internet, fining them $1 million each and giving the founder six years in prison.
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July 07, 2026
Prediction market KalshiEX LLC urged a Washington state judge on Monday to reject state officials' effort to halt the company's operations under Washington gambling laws, arguing that federal law preempts the regulatory effort and that Washington has failed to show that the platform has caused meaningful harm.
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July 07, 2026
Mead Johnson is set to go to trial this summer in the first case to make it to a jury in multidistrict litigation claiming baby formula caused a serious gut illness in premature infants, while the U.S. attorney's office in Chicago is facing a possible sanctions hearing over prosecutorial misconduct allegations in two Illinois cases on attorneys' radar for the rest of the year.
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July 07, 2026
The U.S. Securities and Exchange Commission has issued a new rulemaking agenda that highlights its plans to reduce executive compensation disclosure requirements at publicly traded companies and possible changes to broker-dealer recordkeeping requirements, while both it and the U.S. Commodity Futures Trading Commission are exploring new cryptocurrency rulemaking.
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July 07, 2026
A Fifth Circuit panel pushed insurers to explain why they should be allowed to avoid covering the defense of Ericsson Inc. against claims the company funded foreign terrorist organizations, asking Tuesday if Ericsson knew the money it gave out "was going to kill Americans."
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July 07, 2026
A former staffer for a firm that helps companies with U.S. Securities and Exchange Commission filings on Tuesday was sentenced to over two years in prison for using confidential information pilfered from his employer to fuel an insider trading scheme with a colleague that netted nearly $2.4 million in illicit profits.
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July 07, 2026
There are more than 600 locations across the country where AT&T's copper phone lines have been disrupted — by theft, accident or natural disaster — and the company is hoping the Federal Communications Commission will give it the green light to leave them as they are.
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July 07, 2026
The U.S. Securities and Exchange Commission said Tuesday that it has launched a new working group that will expand the agency's efforts to identify fraud targeting retail investors, tapping two longtime agency officials to lead the effort.
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July 07, 2026
A Dubai-based CEO and trader has pled guilty in Massachusetts federal court to charges that he worked with a former BigLaw associate and others to carry out a far-reaching insider trading scheme.
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July 07, 2026
The Federal Trade Commission announced Monday that it has notified seven retail businesses that sell drums, industrial laser machinery and e-cigarettes that they may be making unqualified "Made in the USA" or "Made in Texas" claims about their respective products, and have advised them to comply with the agency's labeling rules.
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July 07, 2026
Sony's online banking unit is a step closer to setting up a crypto-focused U.S. trust company with a preliminary conditional charter from the Office of the Comptroller of the Currency.
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July 07, 2026
Rohit Chopra, a former member of the Federal Trade Commission and current head of a new California agency, has urged the FTC to reject X Corp.'s attempt to be released from an enforcement order stemming from data privacy violations, arguing that such a "pardon" would expose its users to further fraud and abuse.
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July 07, 2026
The Ninth Circuit seemed hesitant Tuesday to unblock a 2-year-old California law that prohibits employers from punishing workers for skipping what are commonly known as captive audience meetings in which companies convey views about political or religious topics, with two judges suggesting that the statute infringes on employers' free speech rights.
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July 07, 2026
A California federal judge overseeing an antitrust litigation accusing Google of shutting out rival search engines has asked for evidence showing that the consumers bringing the case have standing.
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July 07, 2026
A Florida hospital pushed back against pharmaceutical giant Eli Lilly over the drugmaker's requirement that providers hand over drug dispensing data before federal price discounts are applied, saying the policy is overly burdensome.
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July 07, 2026
The Federal Communications Commission heard from lobbyists more than 140 times in June, with AT&T at the front of the pack hoping to convince the agency to preempt California rules that the telecom giant says are hindering network modernization.
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July 07, 2026
The practice of white collar criminal defense is fraught with uncertainty halfway into 2026 as lawyers try to navigate upheaval in the U.S. Department of Justice, the prospect of big changes in Congress and the rapidly developing use of artificial intelligence.
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July 07, 2026
A D.C. Circuit panel refused on Tuesday to reverse a lower court's judgments against two men in connection to a bribery scheme carried out to evade $2.3 million in business tax obligations, finding a jury instruction error "harmless," among other unsuccessful arguments.
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July 07, 2026
Three senior Democratic senators are investigating whether several companies with ties to President Donald Trump are benefiting from what they alleged was immunity for him, his family and his businesses in the settlement he reached with the Internal Revenue Service.
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July 07, 2026
Exxon asked a Texas federal court to rule that it's owed a $273 million tax refund and $51 million in penalties in a dispute with the U.S. government over the tax treatment of a natural gas deal with Qatar.
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July 07, 2026
New York City has secured more than $2.3 million in settlements from four companies including Walgreens for violating worker scheduling and paid time off protections, the city's consumer and worker protection agency announced Monday.
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July 07, 2026
The Eleventh Circuit upheld a lower court's preliminary injunction on a Florida law that restricts classroom discussion of race and gender, finding on Tuesday that the law violates the First Amendment's free speech protections.
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July 07, 2026
The Consumer Financial Protection Bureau is readying a request for information on credit-card late fees, signaling a renewed look at an affordability issue that the agency's Biden-era $8 fee cap sought to address before banking industry opposition helped sink it in court.
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July 07, 2026
The National Women's Law Center has asked the Federal Communications Commission to drop potential plans to withdraw its "bona fide news" exemption for ABC's "The View" over concerns it would amount to censorship.