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June 26, 2026
A Connecticut federal judge told attorneys to challenge clients who demand use of generative artificial intelligence tools to conduct legal research, and a Kansas federal judge blocked a state law imposing requirements on proxy advisers' voting recommendations. These were among the stories in corporate legal news you may have missed in the past week.
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June 26, 2026
EDITING -- A Florida federal judge declined a request to lift a freeze on two siblings' assets after the Federal Trade Commission accused them of orchestrating a $91 million fraudulent health benefits scheme, ruling they need to find other ways to pay their attorneys.
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June 26, 2026
Roku Inc. has reached an agreement resolving Florida's lawsuit accusing the streaming platform of illegally collecting and selling children's personal data, with Roku agreeing to spend an estimated $25 million to enhance parental controls and child privacy protections.
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June 26, 2026
Caesars Entertainment Inc. says it has expanded an existing partnership with three of Maine's Wabanaki Nations to include online casino gambling within the state, with a launch date this year, pending regulatory approvals.
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June 25, 2026
A group of 17 Democratic senators has called on a U.S. Senate subcommittee to prohibit the U.S. Commodity Futures Trading Commission from using federal funds to prevent states and tribes from enforcing their gambling laws against prediction markets as litigation over the legality of their offerings continues to spread.
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June 25, 2026
FirstBank Puerto Rico was hit with a proposed class action Wednesday in New York federal court over its alleged role as Jeffrey Epstein's "longest banking partner," becoming the latest financial institution to be sued by survivors who say it was "integral in helping him fuel his international sex trafficking operation."
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June 25, 2026
A California federal judge has refused to let Meta Platforms Inc. escape an Illinois woman's proposed class claims that Meta collects "voiceprints" in violation of Illinois' Biometric Information Privacy Act, saying in a ruling unsealed Thursday that whether Meta obtained her voice recordings in a way capable of identifying her was still up for dispute.
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June 25, 2026
The Consumer Financial Protection Bureau is updating its complaint submission process, including by requiring those who submit complaints online to verify their email address and phone number, in moves that the National Consumer Law Center said aim to discourage complaints against the major credit reporting companies.
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June 25, 2026
The Federal Deposit Insurance Corp. on Thursday floated new rules that would significantly scale back its resolution-planning requirements for large banks and slash the banking industry's annual deposit insurance assessment bill by $4 billion, or roughly a third.
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June 25, 2026
The U.S. Commodity Futures Trading Commission and a prediction market trade group are pressing the Sixth Circuit to affirm sole federal oversight of event contracts in separate briefs that argued state gambling laws are a poor fit to regulate trading on real-world events.
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June 25, 2026
A Texas appellate court seemed skeptical Thursday of an argument that the parent entities of the company that sells Tylenol should have to defend claims that the pain reliever causes autism, suggesting that the companies don't have enough ties to Texas.
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June 25, 2026
The Washington Supreme Court unanimously rejected the Washington Farm Bureau's challenge to regulations surrounding a farm fuel exemption in a landmark 2021 law establishing the state's cap-and-invest program, finding Thursday the rule aligns with lawmakers' ultimate goal of curbing top greenhouse gas emitters.
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June 25, 2026
The Federal Communications Commission on Thursday adopted new rules covering industry deployment of undersea communications cables, including the first licensing regime of its kind for submarine line terminal equipment.
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June 25, 2026
The Ohio Supreme Court on Thursday rejected claims that consumers were overcharged by $115 million for electricity from aging coal-fired power plants in 2020, saying that utility regulators correctly determined that state law entitled the plants' owners to the payments.
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June 25, 2026
Kalshi is asking a New Mexico district court to dismiss a challenge by four Indigenous nations trying to block the prediction market platform from offering online sports betting within Indian Country, arguing that allowing the tribes to exercise regulatory authority will enable hundreds of other tribes to follow suit.
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June 25, 2026
The U.S. Department of Veterans Affairs on Thursday moved to scrub portions of its regulations barring federal funding recipients from engaging in conduct with an unintentional disparate impact, saying they are in "considerable tension" with the U.S. Constitution.
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June 25, 2026
The U.S. Department of Transportation on Thursday proposed eliminating brake pedal requirements for cars equipped with higher levels of automated driving systems as the Trump administration presses ahead with efforts to ease regulations and accelerate U.S. development of self-driving vehicles.
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June 25, 2026
A bipartisan coalition of state attorneys general have filed one of three amicus briefs urging the Ninth Circuit to fully preserve a preliminary injunction blocking Nexstar's purchase of Tegna, arguing the states challenging the deal have standing to sue and that only a broad block is appropriate.
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June 25, 2026
The U.S. Securities and Exchange Commission on Thursday denied a request by a penny stock company to terminate a COVID-era trading suspension against it, but Commissioner Hester Peirce wrote in a separate concurrence that she believes suspended companies can appeal directly to a federal appellate court without going through the agency first.
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June 25, 2026
Dell Inc.'s shareholders approved a proposal to move the company's legal home from Delaware to Texas, the company's founder and CEO Michael Dell announced Thursday on social media.
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June 25, 2026
A Kansas federal judge agreed to block a state law from taking effect amid lawsuits brought by proxy advisory firms Glass Lewis & Co. LLC and Institutional Shareholder Services Inc., which claim the law is unconstitutional and imposes burdensome requirements on issuing recommendations that go against corporate management's wishes.
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June 25, 2026
The United Auto Workers president ended a union official's oversight of UAW's Stellantis department in retaliation for the official's refusal to do favors for him, the monitor appointed to oversee the union in the wake of a corruption scandal said Thursday in his latest status report, filed in Michigan federal court.
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June 25, 2026
A North Carolina woman who owned a tax return preparation business will be ordered to pay just under $13.9 million after she pled guilty to conspiring to prepare false tax returns, according to a press release from the U.S. Attorney's Office for the Eastern District of North Carolina.
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June 25, 2026
A day trader has pled guilty in California federal court and reached a settlement with the U.S. Securities and Exchange Commission over claims that he defrauded the market and made $1.3 million in ill-gotten gains by orchestrating a spoofing scheme with securities backed by foreign companies.
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June 25, 2026
Netflix urged the U.S. Supreme Court Thursday not to take up a petition from an employee health plan participant who alleged the company failed to provide him access to plan documents in violation of federal benefits law, arguing the Ninth Circuit's ruling in the case should remain in place.