The burgeoning prediction market has exploded the definition of what qualifies as confidential corporate information that employees could misuse for personal gain, leaving companies scrambling to update internal policies and guidelines, compliance experts say.
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WEDNESDAY, MARCH 18, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Analysis

Prediction Markets Have Opened Compliance 'Pandora's Box'

By Phillip Bantz

The burgeoning prediction market has exploded the definition of what qualifies as confidential corporate information that employees could misuse for personal gain, leaving companies scrambling to update internal policies and guidelines, compliance experts say.

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Amici Chide Trump Admin For Calling Anthropic A Security Risk

By Tom Lotshaw

In separate amicus briefs to the D.C. Circuit, the ACLU, tech industry groups, former government officials and moral theologians variously panned the Trump administration's designation of Anthropic PBC as a supply chain risk to national security as unjustified, unlawful and counterproductive.

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Jets Legend Fumbles Suit Over '30-For-30' Portrayal

By Alex Lawson

A federal judge has dismissed Mark Gastineau's lawsuit over his portrayal in an ESPN "30 for 30" documentary, ruling that the New York Jets legend gave the companies broad authority to use his name, image and likeness in the film.

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Book Distributor Baker & Taylor Hits Ch. 11 To Wind Down

By Clara Geoghegan

Baker & Taylor, a 198-year-old book distributor, sought bankruptcy protection in New Jersey with at least $100 million in liabilities after the COVID-19 pandemic, litigation and a loan default forced it to shut down operations last year.

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REAL ESTATE & DEVELOPMENT

FPI, Apartment Owners Reach $7M Deal In Wash. AG's Tenant Suit

By Rachel Riley

California-based property manager FPI and owners of five low-income apartment complexes have agreed to pay $7 million to end the Washington attorney general's lawsuit accusing them of exploiting senior tenants by overstating property qualities and withholding information about future rent rises, according to an agreed order finalized Monday.

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ENERGY & ENVIRONMENTAL

$200M Exxon Contract Trade Secrets Row Ended

By Spencer Brewer

A Texas state court judge issued a final judgment ordering that a contractor take nothing from its over $200 million claim that a rival allegedly used proprietary information to secure a lucrative maintenance work contract for Exxon, doing away with the lawsuit Tuesday.

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INSURANCE

Geico Keeps RICO, Fraud Claims In NY No-Fault Billing Suit

By Gianna Ferrarin

Two New York companies must face the majority of claims in Geico's suit alleging they exploited the state's no-fault insurance laws by fraudulently billing Geico more than $2.7 million for unnecessary durable medical equipment, a federal judge ruled Tuesday.

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Insurers Say Documents Tied To Fan Explosion Are Shielded

By Spencer Brewer

Multiple insurers told a Texas federal court that a carbon black manufacturer had no right to access certain information relating to communications following an explosion of two high-speed fans at its facility, saying it fell under attorney-client privilege.

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PRIVACY & CONSUMER PROTECTION

NY Accuses Solar Co., Lenders Of $275M Homeowner Fraud

By Jon Hill

New York's attorney general sued a solar panel company and two lending partners in New York state court Tuesday, accusing them of a $275 million scheme involving costly solar and home improvement projects falsely pitched to homeowners as free or subsidized.

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Private School Founder Forged Letter Of Credit, Suit Says

By Julie Manganis

The now-suspended founder and director of a group of private primary schools in Boston and Providence, Rhode Island, used a bogus letter of credit to execute a $12.5 million lease, which the landlord discovered after the school abandoned its expansion plan amid public opposition, a lawsuit filed in Massachusetts state court alleges.

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INTELLECTUAL PROPERTY

Bard And AngioDynamics Resolve 11-Year Patent Dispute

By Ryan Davis

A Delaware federal judge on Tuesday closed the book on a vascular port patent dispute between C.R. Bard and AngioDynamics that had been pending for over 11 years, citing a settlement after the Federal Circuit invalidated Bard patents that a jury said AngioDynamics infringed.

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TRANSPORTATION

10th Circ. Considers Ask For New Trial In $5M Toll Lanes Suit

By Rachel Konieczny

The Tenth Circuit on Tuesday considered a contractor's request for the court to order a new trial after a Denver federal jury awarded construction design firm Aecom $5.25 million for a contract breach in a Colorado toll lanes project, questioning the contractor's litigation strategy.

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EMPLOYMENT

SEIU Pension Fund Wins $842K Suit Against NJ Nursing Home

By Emily Brill

A Service Employees International Union pension fund has won its lawsuit accusing a New Jersey nursing home of skipping out on nearly $350,000 in contributions over 13 years, with a D.C. federal judge awarding the fund the missed contributions plus damages after finding it accurately calculated the nursing home's debt.

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SECURITIES & WHITE COLLAR

BlackRock, State Street Want GOP States' ESG Suit Pared

By Bryan Koenig

BlackRock and State Street have asked a Texas federal judge to significantly winnow antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that claims based on electricity buyers are too far removed from coal.

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Chancery Tosses Weapons Co. Suit, Says Claims Belong In NC

By Jarek Rutz

A Delaware Chancery Court judge on Tuesday dismissed a weapons analytics company's suit seeking to force one of its founders to litigate a stock valuation dispute in Delaware, ruling that the claims belong in a parallel North Carolina action and stem from a different contract than the company asserted.

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COMPETITION

Google Wants Cutoff Date For Ad Tech Rivals' Claims

By Bryan Koenig

Google moved to tee up a dismissal bid aimed at cutting key targeted policies from New York federal court antitrust claims from rival advertising placement technology providers, arguing that its "sophisticated" competitors cannot get around a four-year statute of limitations pegged to the U.S. Department of Justice's lawsuit.

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EXPERT ANALYSIS

Avoid The Unexpected When Drafting License Agreements

The Delaware Court of Chancery's recent decision in Commave v. Zevrain raises several practice points for attorneys drafting commercial contracts, underscoring the importance of considering anti-assignment provisions, specific exclusions and potential carveouts when drafting license agreements or other commercial contracts, say attorneys at Hogan Lovells.

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Time Limit Case Highlights How Justices Apply Federal Rules

In Coney Island Auto Parts Unlimited v. Burton, the U.S. Supreme Court sided with the minority in a circuit split on when a litigant can seek relief from an allegedly void judgment — but the decision's most important lessons may be about the high court's interpretive approach to the Federal Rules of Civil Procedure, say attorneys at McDermott.

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LEGAL INDUSTRY

Industry Leaders Grapple With BigLaw Recruiting 'Chaos'

By Aebra Coe

Many large law firms hit elite law school campuses last September to begin recruiting first-year students for their 2027 summer associate job openings, in what panelists at a New York City Bar Association event Tuesday described as a dysfunctional system unhelpful to both law students and law firms.

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Latham Hires Desmarais IP Partner In DC

By Jack Rodgers

Latham & Wakins LLP has hired a Desmarais LLP partner in D.C., who helped represent GlaxoSmithKline Biologicals in an ongoing infringement suit against Moderna Inc., the firm announced Tuesday.

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Health Litigator Rejoins Holland & Knight From In-House Role

By Madison Arnold

A former Holland & Knight LLP attorney has returned to the firm in Jacksonville, Florida, after a 10-year stint in-house at Florida Blue, a subsidiary of GuideWell Mutual Holding Corp.

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Calif. Bills Would Reform Litigation Funding, Client Recruiting

By Emily Sawicki

Two new bills introduced to the California Assembly this week seek to impose reforms on the state's legal industry, including adding mandatory disbarment for attorneys convicted of felony "capping" — or illegally paying for client recruitment — and blocking corporate litigation funders from influencing cases.

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Brief

Prior Counsel In Settled EBay Harassment Case Eyes Payment

By Julie Manganis

An attorney who previously represented a Massachusetts couple in a harassment lawsuit against eBay and three former executives has asked a federal judge to hold off on entering a dismissal in the now-settled case until she receives assurances she will be paid.

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LAW FIRMS IN TODAY'S NEWS

Ahmad Zavitsanos

Anderson & Kreiger

ArentFox Schiff

Axinn Veltrop

Bryan Cave

Buzbee Law Firm

Cairncross & Hempelmann

Clyde & Co

Cooley LLP

Cooper & Kirk

Covington & Burling

Cravath Swaine

Crowell & Moring

Dentons

Desmarais LLP

Diller Law

Downtown LA Law Group

Farella Braun

Finkelstein & Partners

Finkelstein Blankinship

Freshfields

Gary Tsirelman PC

Gibson Dunn

Goloboy Law

Hanson Bridgett

Haynes Boone

Heyman Enerio

Hogan Lovells

Holland & Knight

Hueston Hennigan

Jasinski PC

K&L Gates

Krizner Group

Lowell & Associates

Martin G. Weinberg PC

McDermott Will & Schulte

Mix Sanders

Mooney Green

Morris Nichols

Morrison & Foerster

Mound Cotton

Nelson Mullins

Norton Rose

Offit Kurman

Oppenheim & Zebrak

Orrick Herrington

Polsinelli PC

Potter Anderson

Quinn Emanuel

Rimon PC

Rivkin Radler

Ropes & Gray

Scalli Murphy Law

Shook Hardy

Sidley Austin

Simonsen Sussman

Stoel Rives

Susman Godfrey

The Norton Law Firm

Troutman

Venable LLP

Vinson & Elkins

Wiggin & Dana

WilmerHale

Wilson Sonsini

Winston & Strawn

COMPANIES IN TODAY'S NEWS

Alaris Health

American Bar Association

American Civil Liberties Union

AngioDynamics Inc.

Anthropic PBC

Arch Resources Inc.

Association of Metropolitan Water Agencies

Barron's

BlackRock Inc.

Brown & Root Industrial Services LLC

C.R. Bard Inc.

Castle Harlan Inc.

Center for Democracy & Technology

Computer & Communications Industry Association

Consumer Attorneys of California

ESPN Inc.

FPI Management Inc.

Federal Bar Association

Florida Blue

Follett Corp.

Fordham University

Gannett Co. Inc.

Geico Corp.

George Washington University

Google LLC

GuideWell Mutual Holding Corp.

Human Genome Sciences, Inc.

Index Exchange Inc.

Information Technology Industry Council

JPMorgan Chase & Co.

LGCY Power

Leader Bancorp Inc.

LinkedIn Corp.

Los Angeles Times

Make-A-Wish Foundation of America

Meta Platforms Inc.

Moderna Inc.

Moss Adams LLP

National Football Museum Inc.

New York City Bar Association

New York Football Giants Inc.

New York Jets LLC

New York University

OpenX Technologies Inc.

Peabody Energy Corp.

Pfizer Inc.

PubMatic Inc.

Service Employees International Union

State Bar of California

State Street Corp.

The Software & Information Industry Association

The Vanguard Group Inc.

Therapeutics Inc.

WebBank Corp.

Zevra Therapeutics

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Chambers County, Texas

Colorado Department of Transportation

Colorado Supreme Court

Commodity Futures Trading Commission

Commonwealth of Massachusetts

Delaware Court of Chancery

New York Attorney General's Office

New York Supreme Court, New York County

U.S. Bankruptcy Court for the District of New Jersey

U.S. Bankruptcy Court for the Middle District of Tennessee

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Department of Defense

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Middle District of Tennessee

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Southern District of Ohio

Washington Attorney General's Office