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Compliance
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April 07, 2025
SEC Drops Suit Against Silver Point Over Atty Info Access
The U.S. Securities and Exchange Commission has dropped a Connecticut federal lawsuit alleging Silver Point Capital LP failed to establish policies to safeguard material nonpublic information, particularly from a former BigLaw attorney who acted as outside counsel, according to federal court records.
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April 07, 2025
Montana To Appraise Taxable Real Property Every 2 Years
Montana will reappraise most taxable real property every two years under a bill signed by the governor.
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April 07, 2025
Gambling Giants Push Sports Betting Case To Federal Court
A lawsuit challenging the legality of high-stakes sports gambling in Washington, D.C., based on an 18th century-era law belongs in federal, not state, court, a group of major gambling companies told a D.C. federal judge.
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April 07, 2025
Whole Foods To Settle Bonus Manipulation Suit
Whole Foods has agreed to resolve a lawsuit claiming the grocery chain rigged an employee bonus program to reduce payouts to workers, according to a filing in D.C. federal court.
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April 07, 2025
Judge Won't Yet Block Columbia From Sharing Student Info
A Manhattan federal judge declined to issue an order blocking Columbia University from sharing student records with Congress in a suit by detained activist Mahmoud Khalil and others accusing the school of stifling pro-Palestinian views, but said the plaintiffs could revise their request.
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April 07, 2025
Full DC Circ. Lifts Pause On NLRB, MSPB Reinstatements
The full D.C. Circuit on Monday lifted a March panel decision pausing the reinstatement of National Labor Relations Board and Merit Systems Protection Board members that President Donald Trump fired, saying U.S. Supreme Court precedent blessing limitations on the president's ability to fire agency officials still stands.
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April 04, 2025
Deutsche Bank Not Liable For ISIS Terror, Judge Finds
A New York federal judge on Friday dismissed a lawsuit accusing Deutsche Bank AG of facilitating the financing of the Islamic State, saying that the families of two journalists and an aid worker the terrorist group killed failed to sufficiently allege that the bank participated in a human trafficking venture.
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April 04, 2025
Real Estate Recap: 'Gold Card,' ESG, Tokenization
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including insights into the latest EB-5 investment rush, the tightrope real estate companies are walking with environmental, social and governance factors, and how tokenization can apply to the real estate sector.
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April 04, 2025
Ad Watchdog Nabs Hunton Andrews Partner To Lead Division
The National Advertising Division has tapped a former Hunton Andrews Kurth LLP partner and onetime chief of staff for advertising practices at the Federal Trade Commission to lead the industry self-regulatory body that's charged with ensuring advertisers are adhering to stringent truth and accuracy standards.
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April 04, 2025
GOP Sens. Attack Calif. Waivers Despite Parliamentarian Ruling
The U.S. Senate parliamentarian on Friday said Republicans may not use a rule-killing legislative maneuver to void Biden-era Clean Air Act waivers that allow California to set its own vehicle emissions standards — but the GOP is plunging ahead anyway.
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April 04, 2025
OpenAI And Musk Get 2026 Trial Date, Likely Sans Microsoft
A California federal judge on Friday nailed down an expedited March 2026 trial schedule for Elon Musk and OpenAI's contract fight over OpenAI's transition into a for-profit enterprise, while staying antitrust claims indefinitely and calling Microsoft's request to participate in the trial if she dismisses Musk's claims against it "not logical."
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April 04, 2025
Broadcasters Seek Updated Tech Rules For Emergency Alerts
A national trade association for over-the-air radio and television broadcasters has renewed its 2022 request for the U.S. Federal Communications Commission to update its emergency alert rules, citing the recent announcement that one of the remaining vendors for the emergency alert system's devices will soon stop making the relevant equipment.
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April 04, 2025
Railroads Worry Growing Spectrum Needs Won't Be Met
The Association of American Railroads is warning the Federal Communications Commission that its frequencies need to be better protected from interference in order to assure that trains keep running properly and safely.
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April 04, 2025
Employment Authority: Trump EO On Federal Union Contracts
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with an analysis of President Donald Trump's recent executive order aiming to halt collective bargaining between federal agencies and unions, coverage on guidance from the U.S. Equal Employment Opportunity Commission and the U.S. Department of Justice on employers' using so-called diverse slates and a look at how Trump's solicitor of labor nominee assisted in writing policy recommendations for Project 2025.
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April 04, 2025
US Bank Defeats Class Cert. In Early Retiree Benefits Suit
A Minnesota federal judge on Friday rejected a bid to certify a class action for more than 2,000 U.S. Bank retirees accusing the bank of unlawfully reducing monthly pension payments for those taking early retirement, finding the proposed class had differing concerns that blocked classwide resolution.
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April 04, 2025
NIH Wants Prompt 1st Circ. Review Of Agency's Grant Caps
The National Institutes of Health is seeking a quicker path to appeal a ruling that blocked its cap on research grant costs, asking a Boston federal judge on Friday to make permanent the preliminary injunction that put the agency's cost-cutting plans on hold.
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April 04, 2025
Texas Says San Antonio Is Funding Out-Of-State Abortions
Texas Attorney General Ken Paxton accused the city of San Antonio of appropriating taxpayer funds to pay for pregnant women to travel out of state to seek abortions, in a lawsuit filed in state court Friday.
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April 04, 2025
Youths Ask Alaska High Court To Stop LNG Project
A group of young Alaskans is asking the state's high court to block a deal to develop the only permitted liquefied natural gas export project on the Pacific coast of the U.S.
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April 04, 2025
Top Groups Lobbying The FCC
The Federal Communications Commission heard from advocates nearly 100 times in March about their priorities, including a rework of prison phone rate caps, efforts to clear broadband deployment hurdles, the transition to next-generation TV and more. Here's a look at some of the groups that met with the FCC in March and what they're concerned about.
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April 04, 2025
SEC Says Reserve-Backed Stablecoins Aren't Securities
The U.S. Securities and Exchange Commission's Division of Corporation Finance said Friday the offer and sale of reserve-backed dollar stablecoins aren't securities transactions, in the latest statement to set out the staff's views on the boundaries of its jurisdiction over digital assets.
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April 04, 2025
Ill. Lawmakers Advance Crypto Fraud Protection Measure
Illinois state senators passed a bill out of committee intended to rein in cryptocurrency fraud, which one of the proposed law's sponsors said had bilked Illinois residents out of more than $163 million in 2023 alone.
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April 04, 2025
Mich. Justices Order More Arguments In Lilly Insulin Case
Michigan's highest court will hear a second round of oral arguments on a state investigation of Eli Lilly & Co.'s insulin prices, a case that centers on a consumer protection law's safe-harbor provision.
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April 04, 2025
6th Circ. Allows Tenn. Gas Plant Pipeline To Proceed
The Sixth Circuit on Friday rejected conservation groups' challenges to federal and state Clean Water Act approvals to a Kinder Morgan unit's pipeline that would serve a Tennessee Valley Authority natural gas-fired power plant in Cumberland City.
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April 04, 2025
Fed's Barr Says Bank Regulators Should 'Explore' Gen AI
Federal Reserve Gov. Michael Barr called Friday for banking regulators to look into how they themselves might harness generative artificial intelligence, arguing the experience could help them better understand how banks' use of the technology should be overseen.
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April 04, 2025
Mich. Top Court Preview: Hospital Liability, Suit Deadlines
The Michigan Supreme Court this month will consider whether it should end employers' ability to contractually shorten limitations periods for workers to sue and will examine if a Corewell Health hospital can be liable for the acts of an independent physician.
Expert Analysis
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Axed ALJ Removal Protections Mark Big Shift For NLRB
A D.C. federal court's recent decision in VHS Acquisition Subsidiary No. 7 v. National Labor Relations Board removed long-standing tenure protections for administrative law judges by finding they must be removable at will by the NLRB, marking a significant shift in the agency's ability to prosecute and adjudicate cases, say attorneys at Proskauer.
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11th Circ. TCPA Ruling Signals Erosion Of Judicial Deference
The U.S. Court of Appeals for the Eleventh Circuit recently came to the rescue of the lead generation industry, striking down new regulations that were set to go into effect on Jan. 27, a decision consistent with federal courts' recent willingness to review administrative decisions, say attorneys at Troutman.
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The Syria Sanctions Dilemma Facing Trump Administration
Parties looking to engage in transactions involving Syria will be watching the expiration of General License 24 in July, when the Trump administration will need to decide whether to make significant changes to the Syrian sanctions program and reconsider the de facto government's status as a foreign terrorist organization, says Charlie Lyons at Ferrari & Associates.
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How Southern Calif. Fires Can Affect National, Local Pricing
The fire-related California state of emergency declared last month in Los Angeles and Ventura counties triggered laws around price-gouging and pricing restrictions that affect not just individuals and businesses in the state, but also nationwide, meaning sellers should be mindful of how price changes are discussed and rolled out, say attorneys at Proskauer.
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Inside The Uncertainty Surrounding CFPB's Overdraft Rule
The Consumer Financial Protection Bureau's overhaul of overdraft fee regulation hangs in limbo as the industry watches to see whether new leadership will repeal the rule, allow it to stay in place, or wait for congressional action or the courts to drive its demise, say attorneys at Alston & Bird.
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How Private Securities Suits Complement SEC Enforcement
U.S. Securities and Exchange Commission enforcement is vital to the healthy functioning of markets, but government enforcement alone is not enough to ensure meaningful monetary recoveries for investor losses due to securities law violations, say attorneys at Bernstein Litowitz.
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The Case For Compliance During The Trump Administration
Given the Trump administration’s shifting white collar enforcement priorities, C-suite executives may have the natural instinct to pare back compliance initiatives, but there are several good reasons for companies to at least stay the course on their compliance programs, if not enhance them, say attorneys at Riley Safer.
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Opinion
Undoing An American Ideal Of Fairness
President Donald Trump’s orders attacking birthright citizenship, civil rights education, and diversity, equity and inclusion programs threaten hard-won constitutional civil rights protections and decades of efforts to undo bias in the law — undermining what Chief Justice Earl Warren called "our American ideal of fairness," says Reuben Guttman at Guttman Buschner.
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Dispelling 10 Myths About Health Provider-Based Compliance
Congress appears intent on requiring hospitals to submit provider-based attestations for all off-campus outpatient hospital locations, so now is the time for hospitals to prepare for this change by understanding common misconceptions about provider-based status and proactively correct noncompliance, say attorneys at McDermott.
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Employer Tips For Wise Use Of Workers' Biometrics And Tech
Excerpt from Practical Guidance
Employers that collect employee biometric data and operate bring-your-own-device policies, which respectively offer better corporate security and more flexibility for workers, should prioritize certain best practices to protect the privacy and rights of employees and safeguard sensitive internal information, says Douglas Yang at Sheppard Mullin.
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How Trump EPA Could Fix Carbon Combustion Residuals Rule
The Trump administration is likely targeting the recently adopted carbon combustion residual rule, especially since it imposes very stringent, detailed and expedited requirements on coal power plants — but even if the rule is not vacated entirely, there are measures that could greatly reduce its regulatory burden, says Stephen Jones at Post & Schell.
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CFPB Small Biz Study Brings Fair Lending Considerations
The Consumer Financial Protection Bureau's recent report highlighting potential racial discrimination in small business lending may not result in more aggressive enforcement under the Trump administration — but lenders can expect state regulators, private plaintiffs and advocacy groups to step up their own efforts, say attorneys at Husch Blackwell.
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Expect To Feel Aftershocks Of Chopra's CFPB Shake-Up
Publications released by Consumer Financial Protection Bureau personnel in the last days of the Biden administration outline former Director Rohit Chopra's long-term vision for aggressive state-level enforcement of federal consumer financial laws, opening the doors for states to launch investigations and pursue actions, say attorneys at Hudson Cook.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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Unprecedented Firings And The EEOC's Shifting Agenda
While President Donald Trump's unprecedented firing of Democratic Equal Employment Opportunity Commission members put an end to the party's voting majority, the move raises legal issues, as well as considerations related to the EEOC's lack of a quorum and shifting regulatory priorities, says Ally Coll at the Purple Method.