Compliance

  • October 04, 2024

    JPML Agrees To Combine Snowflake, AT&T Data Breach MDLs

    The Judicial Panel on Multidistrict Litigation on Friday centralized a slew of cases stemming from high-profile data breaches affecting customers of the Snowflake Inc. cloud platform in the District of Montana, a transfer order that includes sprawling multidistrict litigation against AT&T, one of Snowflake's customers.

  • October 04, 2024

    SEC Suit Over Fund Adviser's $1B Loss Teed Up For Trial

    An Illinois federal judge has declined to grant the U.S. Securities and Exchange Commission a win in its suit accusing a now-defunct Chicago investment adviser of mismanaging $1 billion in assets, finding that a jury will need to consider many of the suit's claims around whether investors were misled about the firm's trading strategy and risk management practices.

  • October 04, 2024

    G7 Antitrust Chiefs Vow To Scope Collusion In AI Tech Sector

    U.S. and international antitrust regulators said Friday they intend to scrutinize any anticompetitive practice in the market for artificial intelligence technologies or any use of the emerging tech to circumvent competition.

  • October 04, 2024

    Thrivent Unit Pays SEC Fine Over Alleged Reg BI Lapses

    Thrivent Investment Management Inc. has settled the U.S. Securities and Exchange Commission's allegations that it violated Regulation Best Interest when recommending certain investments to customers enrolled in college savings plans when lower-priced options were available.

  • October 04, 2024

    Real Estate Recap: Climate Risk, Cooling Mandates, Reuse

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how climate risk is changing investor behavior, what the hottest summer on record has done for landlord cooling mandates, and why one BigLaw attorney thinks a new bipartisan adaptive reuse bill in Congress could be a boon for rural housing.

  • October 04, 2024

    SEC Should Take Over Market Database, Investor Group Says

    An investor-side trade association is pushing the U.S. Securities and Exchange Commission to take control of a controversial market surveillance tool out of the hands of the nation's stock exchanges, saying in a recent rulemaking petition that a failure to do so could be "catastrophic" if either the government or the courts decide to shut down the database.

  • October 04, 2024

    High Court Agrees To Hear Hamas Banking Case

    The U.S. Supreme Court on Friday agreed to take up a Lebanese bank's bid to end a suit brought by victims of Hamas terrorist attacks, which the bank argued is settled because the victims waited too long to move to vacate a lower court's judgment in the bank's favor.

  • October 04, 2024

    Coinbase To Limit Stablecoins That Don't Meet New EU Rules

    Crypto exchange Coinbase said Friday that it plans to delist certain stable-value tokens for users in the European Union if the tokens don't meet soon-to-be-effective guidelines under the jurisdiction's crypto regime.

  • October 04, 2024

    Couple Harassed By EBay May Not Get Maximum Damages

    A federal judge said Friday she will have to decide count by count whether she can allow a Massachusetts couple suing eBay over a harassment campaign against them to seek punitive damages under California law while pursuing compensatory damages for the same claims under the laws of the pair's home state.

  • October 04, 2024

    EPA Fights To Save Civil Rights Regs Outside Louisiana

    The U.S. Environmental Protection Agency asked a Louisiana federal judge to reject the state's effort to impose a nationwide ban on civil rights regulations focused on disparate impacts.

  • October 04, 2024

    Iowa Farmer Wants Court To Nix Federal 'Swampbuster' Law

    A farmer pushed an Iowa federal court to overturn the "Swampbuster" part of a federal conservation program that aims to protect wetlands for public use, arguing that the law is unconstitutional.

  • October 04, 2024

    High Court Nuclear Case Could Be Admin Law Blockbuster

    By agreeing to consider the federal government's authority to license temporary nuclear waste storage facilities, the U.S. Supreme Court can ease the uncertainty facing a resurgent U.S. nuclear industry as well as clarify limits it's recently placed on federal agency power, experts say.

  • October 04, 2024

    Ex-IPlace Exec Seeks Chancery Legal Defense Fee Award

    A former longtime director and CEO of global recruiting firm iPlace's American affiliate sued the company for legal fee advancement in Delaware's Court of Chancery Friday, alleging that it refused to pay his fees for defense against claims of fiduciary breaches, embezzlement and thefts of proprietary information.

  • October 04, 2024

    EPA Finalizes Stronger Pesticide Rules For Farmworker Safety

    The U.S. Environmental Protection Agency finalized a rule strengthening protections for agricultural workers who could be exposed to pesticides, standards that had been weakened by the Trump administration.

  • October 04, 2024

    Tempur Sealy, Mattress Firm Sue To Block FTC Merger Case

    Tempur Sealy International Inc. and Mattress Firm Group Inc. told a Texas federal court on Friday that the Federal Trade Commission's in-house process violates the Constitution, so the agency's case challenging their planned $4 billion merger should be blocked.

  • October 04, 2024

    Albertsons Inks $3.9M Overcharge Deal With Calif. DAs

    Albertsons and its affiliate companies have agreed to pay $3.9 million to settle a civil enforcement action accusing them of bilking shoppers by charging higher prices for grocery items than what was advertised, according to an announcement made by several California district attorneys. 

  • October 04, 2024

    DC Circ. Won't Pause EPA's Iron Plant Rule

    A D.C. Circuit panel rejected bids by U.S. Steel Corp. and Cleveland-Cliffs Inc. to stay a U.S. Environmental Protection Agency rule setting emissions standards for their taconite iron ore processing facilities.

  • October 04, 2024

    USDA Updates Regulation Without Labor Compliance Portion

    The U.S. Department of Agriculture filed a final rule Friday tweaking an acquisition regulation after nearly 30 years since a previous overhaul, but the rule doesn't include a proposal that would have required federal contractors to certify compliance with federal and state labor laws.

  • October 04, 2024

    Epic Doubts Apple's Privilege Assertions In Antitrust Fight

    Epic Games told a California federal magistrate judge overseeing discovery in its antitrust compliance fight with Apple on Friday that it's concerned Apple has wrongly asserted privilege in more than half the documents it has declined to produce, while adding "we don't want to spend months here duking this out."

  • October 04, 2024

    RI Atty Faces Discipline For Unauthorized Practice In Conn.

    An attorney from Rhode Island is facing possible disciplinary action in Connecticut after she represented a client in a juvenile court matter in the Constitution State without being licensed to practice in the state.

  • October 04, 2024

    Judge Says Live Nation Case Runs Deeper Than Merger Pact

    In refusing to transfer the government's monopolization case against Live Nation, a New York federal judge said the settlement allowing the company's 2010 merger with Ticketmaster dealt only with potential problems that existed at the time and has no bearing on the new claims.

  • October 04, 2024

    Holtec Sues Former GC Over Alleged Embezzlement Scheme

    Energy technology company Holtec International has launched a New Jersey state lawsuit accusing its former general counsel and others of taking part in an embezzlement scheme to dupe the company into paying more than $700,000 to an entity they owned.

  • October 04, 2024

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Law360 Pulse lists the legal chiefs who command the top salaries from public companies in America — think Big Tech. And the SEC is losing its top enforcer, to the cheers of crypto companies.

  • October 04, 2024

    Northern Ireland Police Service Fined £750K Over Data Breach

    The United Kingdom's data protection watchdog has issued a £750,000 ($988,000) fine to Northern Ireland's police service after it exposed the personal information of all its 9,483 officers and staff as part of a freedom of information request gone wrong.

  • October 04, 2024

    Iger-Owned NWSL Club Fined $200K For Salary Cap Violations

    The National Women's Soccer League has imposed three penalties on Los Angeles-based Angel City FC, including a $200,000 fine, after the football club was found to have violated multiple league rules relating to salary caps.

Expert Analysis

  • Playing The Odds: Tackling Athlete Gambling Investigations

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    The rapid rise of sports gambling presents new and unique challenges, so it's important for attorneys to be able to navigate a dynamic web of complex, high-stakes relationships between athletes, the betting public, athletic organizations, sportsbooks and law enforcement — all while under intense public scrutiny, say attorneys at Steptoe.

  • Series

    After Chevron: What To Expect In Consumer Protection At FTC

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    Although the Federal Trade Commission's bread-and-butter consumer protection law enforcement actions are unlikely to be affected, the Loper Bright decision may curb the FTC's bolder interpretations of the statutes it enforces, says Mary Engle at BBB National Programs.

  • The Ethics of Using Generative AI In Environmental Law

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    The rapid emergence of generative artificial intelligence tools is challenging environmental lawyers, consultants and government agencies to determine when and how these tools can be responsibly, ethically and productively integrated into their practices to streamline research, predictive analytics and regulatory compliance, say Ahlia Bethea and Pamela Esterman at Sive Paget.

  • Managing Credit Card Rewards Programs Amid Scrutiny

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    Renewed New York and federal interest in consumer protection issues associated with credit card rewards programs presages future regulatory enforcement and attention from plaintiffs attorneys, so issuers should focus on certain categories of consumer complaints and some compliance ambiguities, say Rich Zukowsky and Ella Beres at Davis Wright.

  • Carbon Offset Case A Win For CFTC Enviro Fraud Task Force

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    An Illinois federal court's decision in Commodity Futures Trading Commission v. Ikkurty — earning the CFTC a sizeable monetary award that will likely incentivize similar enforcement pursuit — shows the impact of the commission's Environmental Fraud Task Force, say attorneys at Steptoe.

  • RealPage Suit Shows Growing Algorithm, AI Pricing Scrutiny

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    The U.S. Department of Justice's suit against RealPage for helping fix rental rates, filed last week, demonstrates how the use of algorithmic and artificial intelligence tools to assist with pricing decisions is drawing increasing scrutiny and action across government agencies, and specifically at the Federal Trade Commission and the DOJ, say Andre Geverola and Leah Harrell at Arnold & Porter.

  • Whistleblowers Must Note 5 Key Differences Of DOJ Program

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    The U.S. Department of Justice’s recently unveiled whistleblower awards program diverges in key ways from similar programs at other agencies, and individuals must weigh these differences and look first to programs with stronger, proven protections before blowing the whistle, say Stephen Kohn and Geoff Schweller at Kohn Kohn.

  • The Licensure Landscape For Psychedelics Manufacturers

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    As the need for bulk manufacturing of psychedelic substances grows, organizations aiming to support clinical trials or become commercial suppliers must navigate a rigorous and multifaceted journey to obtaining a license from the U.S. Drug Enforcement Administration, say Kimberly Chew at Husch Blackwell and Jaime Dwight at Promega Corp.

  • What NFL Draft Picks Have In Common With Lateral Law Hires

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    Nearly half of law firm lateral hires leave within a few years — a failure rate that is strikingly similar to the performance of NFL quarterbacks drafted in the first round — in part because evaluators focus too heavily on quantifiable metrics and not enough on a prospect's character traits, says Howard Rosenberg at Baretz+Brunelle.

  • CrowdStrike Incident Highlights Third-Party Risk For Banks

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    The global business disruptions caused by CrowdStrike's faulty software update last month serves as a reminder that banks should assess operational and compliance risks associated with third-party service providers and create resiliency plans extending down to fourth- and fifth-level providers, says Craig Landrum at Jones Walker.

  • Calif. Ruling Clarifying Paystub Compliance Is Win For Cos.

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    In rare good news for California employers, the state Supreme Court recently clarified that workers couldn’t win extra penalties in wage and hour cases by claiming their employer intentionally violated state paystub law if the employer believed it had complied in good faith, say Drei Munar and Kirk Hornbeck at Hunton.

  • Considering Noncompete Strategies After Blocked FTC Ban

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    A Texas district court's recent decision in Ryan v. Federal Trade Commission to set aside the new FTC rule banning noncompetes does away with some immediate compliance obligations, but employers should still review strategies, attend to changes to state laws and monitor ongoing challenges, say attorneys at Baker McKenzie.

  • Open Questions 3 Years After 2nd Circ.'s Fugitive Ruling

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    The Second Circuit’s 2021 decision in U.S. v. Bescond, holding that a French resident indicted abroad did not meet the legal definition of a fugitive, deepened a circuit split on the fugitive disentitlement doctrine, and courts continue to grapple with the doctrine’s reach and applicability, say attorneys at Lankler Siffert.

  • Replacing The Stigma Of Menopause With Law Firm Support

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    A large proportion of the workforce is forced to pull the brakes on their career aspirations because of the taboo surrounding menopause and a lack of consistent support, but law firms can initiate the cultural shift needed by formulating thoughtful workplace policies, says Barbara Hamilton-Bruce at Simmons & Simmons.

  • How DOJ May Change FARA Exemption In Forthcoming Rule

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    Any day now, the U.S. Department of Justice is expected to issue proposed revisions to the Foreign Agents Registration Act regulations, and signs suggest that it will likely narrow one of FARA's broadest exemptions, which may compound public confusion about the law's requirements, says Murad Hussain at Arnold & Porter.

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