Compliance

  • October 28, 2026

    SEC Lands $187M Judgment In Finance Group Ponzi Case

    A Georgia federal judge has approved an agreement that put financial advisory group Drive Planning LLC on the hook for $187 million in a U.S. Securities and Exchange Commission's case that claimed the group served as a vehicle for a sweeping Ponzi scheme.

  • October 28, 2026

    BigLaw Tip Middleman To Admit Role In $3.5M Trading Scheme

    An alleged middleman in a sweeping scheme to trade off of deal information stolen from major law firms has agreed to plead guilty and potentially faces a prison term of nearly a decade, according to a plea agreement filed Wednesday in Massachusetts federal court.

  • October 28, 2026

    YouTuber Sues Broker Over Logan Paul Defamation Coverage

    A YouTube investigator who called influencer and professional wrestler Logan Paul's cryptocurrency project a scam sued insurance brokers, alleging they failed to procure an insurance policy that would have provided defense coverage for Paul's defamation suit.

  • October 28, 2026

    SEC Rejects Rengan Rajaratnam's Bid To End Adviser Ban

    The U.S. Securities and Exchange Commission has declined to lift a more-than-decade-old industry ban on the younger brother of convicted insider trader Raj Rajaratnam, rejecting his argument that the restriction has hampered his ability to find work in finance.

  • October 28, 2026

    Sportsbooks Say D.C. Law Bars Bettor Loss Recovery

    Sportsbook operators are urging the D.C. Circuit not to revive a lawsuit challenging the legality of their operations there, arguing the city expressly excluded licensed sports wagering from the statute being invoked to recover losses for bettors.

  • October 28, 2026

    FCC Inks $80K Consent Decree With Nexstar

    Nexstar has entered into a consent decree with the Federal Communications Commission to pay $80,500 and implement compliance plans to end a probe related to the license renewals of several stations.

  • October 28, 2026

    Mich. Judge Presses ICE On Iraqi Deportation Deal

    A Michigan federal judge on Wednesday pressed federal immigration officials to explain how they monitor compliance with a settlement protecting about 1,400 Iraqi nationals from improper detention and deportation, questioning whether additional oversight is needed after attorneys reported hundreds of defective removal notices and repeated violations of the agreement.

  • October 28, 2026

    'Modest Needs' Founder Gets 8 Years For Looting Charity

    A Manhattan federal judge on Wednesday sentenced a charity founder to eight years in prison for embezzling over $2.5 million of charitable funds to live a luxury lifestyle, after his bid to withdraw a guilty plea on fraud and tax evasion charges was nixed.

  • October 28, 2026

    Robinhood Agrees To Pause Sports Event Contracts In Ohio

    Robinhood Markets Inc. on Wednesday said it struck an agreement with Ohio's gaming commission to stop offering new sports-related event contracts in the Buckeye State in exchange for an enforcement reprieve while litigation over the contracts' legality plays out in federal courts.

  • October 28, 2026

    RealPage Says NY Can't Get Redo For Blocked Software Law

    Property management software company RealPage Inc. has urged a New York federal court to stand by a prior ruling that temporarily blocked New York's attorney general from enforcing part of a state law that aims to stop landlords from using revenue management software that allows them to engage in rent price-fixing.

  • October 27, 2026

    Mass. Hospitals Sue Lilly Over 340B Discount Data 'Extortion'

    A group of Massachusetts hospitals claim drugmaker Eli Lilly & Co. unlawfully holds hostage medication discounts meant to benefit low-income patients by demanding that hospitals hand over sensitive patient claims data or pay "exorbitant" inflated prices, according to a lawsuit filed Tuesday in Boston federal court.

  • October 27, 2026

    Anthropic's 'Existential Risks' Warning Sets Stage For AI IPOs

    Anthropic PBC's registration statement includes more than 90 pages of risk disclosures for prospective investors ahead of the Claude developer's planned public offering, including "existential risks to humanity" posed by advanced artificial intelligence and a corporate governance structure the company warns may make it difficult for voting shareholders to replace directors and managers.

  • October 27, 2026

    Milliman Reaches $15.5M Deal In Life Insurance FCRA Suit

    Risk management firm Milliman Inc. is set to pay $15.5 million to resolve a consumer class action accusing the company of peddling flawed information to life insurance companies, according to a proposed settlement that the plaintiffs filed for preliminary court approval in Washington federal court on Monday.

  • October 27, 2026

    OpenAI Sued Over Epilepsy Death Allegedly Tied To ChatGPT

    ​The parents of a Chinese national with epilepsy who died earlier this year sued OpenAI on Tuesday in California state court, alleging ChatGPT was effectively practicing medicine without a license when it designed a tapering schedule for the anti-seizure medication that was keeping their daughter alive.

  • October 27, 2026

    CFTC Sues Utah To Widen Prediction Market State Brawl

    Utah on Tuesday became the latest state to catch a suit from the U.S. Commodity Futures Trading Commission when the agency accused the state of treading on its "exclusive jurisdiction" over the prediction markets by bringing an enforcement action that branded Kalshi's sports contracts as bets.

  • October 27, 2026

    UCLA Says It Helps, Not Hurts, Jewish Staff In DOJ Case

    The federal government's lawsuit accusing the University of California, Los Angeles, of systematically discriminating against its Jewish and Israeli employees ignores significant steps the university has taken to make sure those same employees thrive, UCLA said in a motion to dismiss.

  • October 27, 2026

    Justice Department Inks 1st 'Near-Miss' Nonprosecution Deal

    Software company Extreme Networks Inc. has agreed to pay $975,722 in penalties to put to rest allegations it unlawfully sold to a sanctioned Russian weapons manufacturer as part of a nonprosecution agreement that the U.S. Department of Justice said marks its first "near-miss" case under a new corporate disclosure policy.

  • October 27, 2026

    JPMorgan Seeks Sanctions In Ex-Banker's Bias Suit

    A former JPMorgan Chase employee's claims of racial discrimination and sexual harassment were completely false and manufactured, JPMorgan and the employee's former supervisor said in motions urging a New York federal judge to levy sanctions against Chirayu Rana for his "fraudulent litigation."

  • October 27, 2026

    New Jersey Says DuPont Deal Bars Town's $1B PFAS Claims

    The New Jersey Department of Environmental Protection backed various DuPont entities' bid to toss the remaining claims in a municipality's $1 billion lawsuit over forever chemical contamination stemming from a longtime DuPont facility, arguing that a landmark settlement the state reached earlier this year bars the claims.

  • October 27, 2026

    SEC Advances Plans To Alter Market Surveillance Tool

    The U.S. Securities and Exchange Commission has moved one step closer to adopting a rule that could change the way a market surveillance tool known as the consolidated audit trail operates, informing the White House of a planned rulemaking two months after the SEC's chairman floated taking over the CAT.

  • October 27, 2026

    Soldier Can't Slip Charges Over Maduro Raid Polymarket Bet

    A U.S. Army soldier must face charges that he profited from insider knowledge of the raid that captured deposed Venezuelan President Nicolás Maduro after a Manhattan federal judge ruled that whether his prediction market trades ran afoul of commodities laws is a question for trial.

  • October 27, 2026

    ​​​​​​​Drugmakers Seek To Bar 'Big Pharma' Label In Price-Fix Trial

    A group of generic-drug makers facing price-fixing claims brought by dozens of state attorneys general asked a Connecticut federal judge to bar or limit the use of terms like "Big Pharma" or "rising costs of pharmaceuticals and healthcare" in next year's trial.

  • October 27, 2026

    Altice Says Conn. AG's $39M Suit Is Based On 'Vague' Reg

    A $39 million junk fee enforcement suit targeting Altice USA's "network enhancement fee" is limited by a prior class settlement and seeks to enforce an unconstitutionally vague Connecticut regulation, the internet service provider said in a series of special defenses.

  • October 27, 2026

    Texas Top Court Takes Up Dallas Short-Term Rental Battle

    The Supreme Court of Texas has agreed to hear a dispute over short-term rental property regulations in Dallas, granting the city's petition to review a state appellate ruling that upheld an injunction against a pair of ordinances.

  • October 27, 2026

    Weil Loses 2 Regulatory Partners To Skadden In NY, DC

    Skadden Arps Slate Meagher & Flom LLP announced Tuesday it has hired two attorneys from Weil Gotshal & Manges LLP, as partner exits from that firm continue in the days following news of failed merger discussions with Willkie Farr & Gallagher LLP.

Expert Analysis

  • Navigating Criminal Liability Under Calif. Worker Safety Law

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    A new California law mandates agency investigation across several types of workplace safety incidents, eliminates prior discretion and imposes unprecedented parallel criminal investigations, but employers can take steps to manage the heightened enforcement risk, say Stacey Geis at Crowell & Moring and Karen Tynan at Ogletree.

  • How '21 IPO Class Can Prep For 'Emerging Growth Co.' Sunset

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    Five years after the initial public offering boom of 2020 and 2021 brought an unusually large number of companies into the U.S. public markets, many are set to lose their status as "emerging growth companies," so they should use the next two months to build a coordinated transition plan, say attorneys at Clark Hill.

  • Midterm Elections Outlook For Financial Services

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    A change in congressional control after the upcoming midterm elections could bring about slower regulatory approvals, intensified oversight and shifting enforcement priorities for the financial services industry, say attorneys at Covington.

  • New Manhattan DA Task Force Puts Antitrust In Its Crosshairs

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    The Manhattan District Attorney's Office's new corporate crime and antitrust task force is adding local criminal enforcement to a field long led by federal authorities, meaning companies need to account for potential parallel federal and state antitrust investigations when responding to misconduct, say attorneys at Ropes & Gray.

  • Right-To-Repair Laws Create Manufacturer Compliance Maze

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    Without existing precedent to help interpret new right-to-repair laws, original equipment manufacturers must make careful judgments about how best to comply with conflicting state statutes — but several principles related to documentation, replacement products and more emerge from the patchwork, say attorneys at Faegre Drinker.

  • Where Species And Wetlands Reg Rollbacks Leave Cos.

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    The current administration's rollbacks of regulations covering waters of the U.S. and endangered species may ease permitting burdens and shorten approval timelines, but those potential benefits are tempered by state-level protections, likely legal challenges and possible reversals by a future administration, say attorneys at White & Case.

  • 3 Strategies To Reduce AI Sycophancy In Legal Work

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    The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.

  • Opinion

    Justices' Climate Ruling Should Preserve State Tort Claims

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    As recent oral arguments in Suncor Energy v. Boulder County demonstrated, the case hinges on long-standing principles of federalism that allow state and local governments to protect their resources and citizens — and if the justices rule based on precedent, Suncor should lose, says William Buzbee at Georgetown University Law Center.

  • AI Risks May Recalibrate 'Reasonable Security' Standards

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    A definitive answer to what constitutes reasonable vulnerability management in the age of artificial intelligence is still emerging, but the answer is likely less a reset of the standard than a recalibration of how organizations meet it, say Scott Loughlin at Hogan Lovells and Mike Priest at Globe Life.

  • Accenture's FCA Deal Shows DEI Risks For Gov't Contractors

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    The U.S. Department of Justice recently settled allegations that Accenture falsely certified compliance with antidiscrimination requirements in its federal contracts, underscoring how diversity goals can become a False Claims Act issue when the company requests payment from the government, say attorneys at Bass Berry.

  • DOJ Directive Gives Contractors A Fraud Risk Road Map

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    For government contractors, the 10 factors described in the U.S. Department of Justice's recent corporate fraud enforcement directive function as a de facto scoring rubric for internal audits that mirrors what prosecutors will prioritize, say attorneys at Spencer Fane.

  • Key Risk Assessment Gaps To Note From NY Cyber Guidance

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    Covered entities should take a fresh look at the compliance gaps flagged in recent New York State Department of Financial Services guidance on "deficient cybersecurity programs," particularly around scope, asset inventories and documentation, say attorneys at Mayer Brown.

  • Where SEC's Transfer Agent Plan Would Change Compliance

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    The U.S. Securities and Exchange Commission’s recent proposal to update the federal regulatory framework for transfer agents would comprehensively modernize the old task-specific regime by centering speed, operational resilience, compliance governance and technology-neutral recordkeeping, say attorneys at Morgan Lewis.

  • Open Issues After 2nd Circ.'s Airport Phone Search Ruling

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    While the Second Circuit’s recent U.S. v. Alisigwe decision confirms border agents' broad authority to conduct routine manual cellphone searches at ports of entry, significant questions remain about more wide-ranging forensic searches at the border, say attorneys at Baker Botts.

  • FTC's Changing Model Raises Questions About Its Mission

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    Federal Trade Commission leaders have recently sketched a vision of an agency that continues an enforcement role distinct from the U.S. Department of Justice's, even as a shift toward greater presidential control makes enforcement more responsive to changes in administrations, say attorneys at Wiley.

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