Compliance

  • February 06, 2025

    Snell & Wilmer Grows DC Office With Ex-McDermott Partner

    Snell & Wilmer LLP strengthened its litigation services in Washington, D.C., with the recent addition of an attorney specializing in representing clients in federal compliance and civil and criminal enforcement matters.

  • February 06, 2025

    Family Says Tax Shelter Creator To Blame In $81M IRS Case

    Counsel for members of a wealthy extended family accused of shorting the IRS nearly $81 million by knowingly participating in an unlawful tax shelter told a Manhattan federal judge Thursday that the creator of the so-called Son-of-Boss scheme is to blame.

  • February 06, 2025

    Trump's Federal Worker Buyout Plan Put On Hold

    A Massachusetts federal judge on Thursday put on hold the Trump administration's "deferred resignation" program for federal employees, delaying the deadline for workers to accept the offer until Monday while the court weighs the legality of the move.

  • February 06, 2025

    CFTC Signals Openness To Regulate Sports Event Contracts

    The U.S. Commodity Futures Trading Commission announced a public roundtable to discuss its regulation of contracts tied to high-profile sporting events Wednesday, with the acting chair bemoaning the commission's current policy as a "sinkhole of legal uncertainty."

  • February 05, 2025

    Bill To Restrict Kids' Social Media Use Heads To Full Senate

    The U.S. Senate Commerce Committee on Wednesday easily advanced legislation that would ban kids under 13 from accessing social media and prevent providers from feeding personalized content to users under 17, although the measure faces opposition from advocacy groups that say the proposal would unconstitutionally restrict free speech. 

  • February 05, 2025

    5th Circ. Tight-Lipped At NLRB Constitutionality Arguments

    A Fifth Circuit panel gave little indication of its leanings during arguments Wednesday in a key challenge to the constitutionality of the National Labor Relations Board, as an agency attorney urged the appeals court to find SpaceX and other companies had not shown the harm necessary to block agency proceedings against them.

  • February 05, 2025

    House Republicans Target CFPB's Small-Biz Rule For Repeal

    House Republicans at a Wednesday hearing sought to build momentum for reversing the Consumer Financial Protection Bureau's small-business loan data rule, casting it as harmful to smaller banks while Democrats argued the real danger is the Trump administration itself.

  • February 05, 2025

    Suit Challenges BLM Approvals Of More Calif. Drilling Permits

    Conservation and public health groups have told a California federal judge that the U.S. Bureau of Land Management continues to barrel ahead in approving more oil and gas drilling permits in the polluted San Joaquin Valley and to shirk its public notice and environmental review duties.

  • February 05, 2025

    $12M Medical Fraud Suit Doesn't Need Retrial, 5th Circ. Told

    A Fifth Circuit panel seemed disinclined to do away with a retrial for a suspect in a multimillion-dollar healthcare fraud scheme after alleged prosecutorial misconduct sank an earlier trial, saying Wednesday that the trial judge's reasoning carries weight.

  • February 05, 2025

    Doubt Over NEPA Regs' Future Brings New Risk For Projects

    Recent court decisions and President Donald Trump have jeopardized long-standing federal regulations for environmental reviews, introducing uncertainty in the permit application and approval process for projects ranging from roads to pipelines that could lead to delays and new litigation.

  • February 05, 2025

    FDIC Letters Show It Met Crypto With 'Resistance,' Hill Says

    The Federal Deposit Insurance Corp.'s acting Chairman Travis Hill said Wednesday that he has jump-started a "comprehensive review" of the regulator's past crypto-focused communications with supervised banks, releasing a trove of documents he said shows that many banks abandoned their cryptocurrency plans after the FDIC met them with "resistance."

  • February 05, 2025

    Musk Can't Access DOL Data, Labor Groups Say

    The AFL-CIO, the Economic Policy Institute and four unions sued the U.S. Department of Labor and Elon Musk's Department of Government Efficiency in D.C. federal court Wednesday, seeking a temporary restraining order to stop DOL leadership from complying with any attempt by DOGE to access DOL data.

  • February 05, 2025

    FCC Seeks Input On CBS Station 'News Distortion' Complaint

    Under its new Republican leadership, the Federal Communications Commission has officially opened a public inquiry in response to accusations that a New York CBS station distorted the truth by selectively editing a 60 Minutes interview with former Vice President Kamala Harris.

  • February 05, 2025

    Catholic Investors Bring Smith & Wesson Suit To Fed. Court

    A group of Catholic sisters has refiled in federal court their suit accusing Smith & Wesson's directors and senior executives of placing their own "greed" and "political concerns" above the interests of the company and its stockholders by ignoring the liabilities of marketing AR-15 rifles that are used to perpetrate mass shootings.

  • February 05, 2025

    Schwab To Add Oversight To End TD Ameritrade Buy Suit

    The Charles Schwab Corp. has agreed to implement an antitrust compliance program designed by an independent consultant in order to settle claims from a proposed class of retail investors who alleged they were forced to pay increased transaction costs for trades following the Schwab-TD Ameritrade merger in 2020.

  • February 05, 2025

    EmpiresX Crypto Platform Operators Ordered To Pay $129M

    A Florida federal court has entered a default judgment against two Brazilian co-founders and the head trader of the EmpiresX trading platform, ordering them to pay more than $129 million for allegedly taking investor funds in a fraudulent commodity pool scheme and lying that their money wasn't used to trade cryptocurrencies.

  • February 05, 2025

    Chicago's Climate Suit Belongs In Federal Court, Judge Hears

    The city of Chicago should not be allowed to take environmental deception claims against the nation's largest oil producers back to state court because the city's suit targets conduct performed largely for the federal government, a judge heard during a Wednesday hearing.

  • February 05, 2025

    FCC To Launch Spectrum Sale, Eyes More C-Band Use

    The FCC's new Republican chief said Wednesday the agency will kick off rules for a new spectrum sale authorized by Congress and consider a plan to eventually open more midband airwaves in the C-band for private sector use.

  • February 05, 2025

    Judge Won't Pause Crowdfunding Case After Fraud Indictment

    A target of the U.S. Securities and Exchange Commission's first crowdfunding enforcement action can't pause that three-year-old case to defend himself against unrelated charges that he ran a pump-and-dump scheme with a hallucinogenic mushroom company, a Michigan judge ruled Wednesday.

  • February 05, 2025

    RealPage Says Missing Market Power Dooms Antitrust Suit

    RealPage Inc. is making another effort to dodge antitrust allegations after the government expanded its case to rope in half a dozen residential landlords, arguing the amended pleading still falls short of showing the property management software company has enough market power to influence rent prices.

  • February 05, 2025

    Trade Groups Urge PBM Crackdown By Trump, Congress

    A coalition of industry trade groups sent letters Wednesday urging President Donald Trump and leaders in Congress to advance legislation reining in pharmacy benefit managers — which intermediate between drugmakers, insurers and pharmacies — in the next piece of federal government funding legislation.

  • February 05, 2025

    Nixon Peabody Taps Ex-Faegre Drinker Environmental Atty

    Nixon Peabody LLP hired a former Faegre Drinker Biddle & Reath LLP environmental attorney for the firm's New York City office.

  • February 05, 2025

    ACLU Warns Schools Should Hire Counsel Before ICE Raids

    The American Civil Liberties Union of Ohio has called on Ohio school districts to hire counsel now to develop procedures to respond to the Trump administration's rescission of policy that limited U.S. Immigration and Customs Enforcement actions at schools, while noting that all children have a constitutional right to attend public schools.

  • February 05, 2025

    Crypto Expert Witness Ruling Flouts Precedent, Justices Told

    The founder of cryptocurrency service Tornado Cash has asked the U.S. Supreme Court to undo what he called an "unprecedented" order from a Manhattan federal judge to disclose whom he might call as an expert witness at his upcoming money laundering and sanctions-dodging trial.

  • February 05, 2025

    Judge Found 'Vertical' Mattress Deal Won't Hurt Competition

    U.S. District Judge Charles Eskridge rejected the Federal Trade Commission's bid to pause Tempur Sealy's planned $5 billion purchase of Mattress Firm after finding a merger of the mattress supplier and retail chain would likely increase competition, if it has any impact at all.

Expert Analysis

  • Cos. Must Brace For New PFAS Regulations And Litigation

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    The U.S. Environmental Protection Agency recently proposed adding over 100 per- and polyfluoroalkyl substances to the Toxic Release Inventory — and with increasing scrutiny of PFAS from the states and the plaintiffs bar as well, companies should take steps to reduce risks in this area, say attorneys at Dechert.

  • Tips For Employers Facing Looming Immigration Changes

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    As Trump's second term heralds a challenging period for immigration policy, employers should look to lessons from his first administration as they implement strategies for their global talent programs and communications protocols, says Eileen Lohmann at BAL.

  • Opinion

    6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • How Landlords Can Navigate Cannabis-Related Leases

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    As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.

  • Using Data To Inform Corporate Disclosure Decisions

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    With today’s market volatility and regulatory factors requiring public companies to confront competing transparency and protection demands, incorporating stock price reaction analysis of company-specific news into the controller's role could be beneficial for disclosure determinations, say Liz Dunshee at Fredrikson & Byron and Nessim Mezrahi at SAR.

  • How White Collar Attys Can Use Mythic Archetypes At Trial

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    A careful reading of a classic screenwriting guide shows that fairy tales and white collar trials actually have a lot in common, and defense attorneys would do well to tell a hero’s journey at trial, relying on universal character archetypes to connect with the jury, says Jack Sharman at Lightfoot Franklin.

  • How CFPB Rule Would Affect Data Brokers And Beyond

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    The Consumer Financial Protection Bureau recently proposed a rule that would not only expand data broker oversight by classifying many as consumer reporting agencies, but would also impose new limitations on companies seeking to obtain information from them, potentially requiring such entities to alter their business models, say attorneys at Orrick.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • Reviewing 2024's State Consumer Privacy Law Enforcement

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    While we are still in the infancy of state consumer privacy laws, a review of enforcement activity this year suggests substantial overlaps in regulatory priorities across the most active states and gives insight into the likely paths of future enforcement, says Thomas Nolan at Quinn Emanuel.

  • 5th Circ. Crypto Ruling Shows Limits On OFAC Authority

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    The Fifth Circuit's recent decision that immutable smart contracts on the Tornado Cash crypto-transaction software protocol are not "property" subject to Office of Foreign Assets Control jurisdiction may signal that courts can construe OFAC's authority more restrictively after Loper Bright, say attorneys at Morgan Lewis.

  • Preparing For The New Restrictions On Investment Into China

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    In light of a new regulatory program governing U.S. investments in China-related technology companies of national security concern, investors should keep several considerations in mind, including the rules' effect on existing and new investments, compliance hurdles, and penalties for noncompliance ahead of the rules' January implementation, say attorneys at Gunderson Dettmer.

  • Opinion

    Congress Should Expand Investment Options For 403(b)s

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    Lawmakers should pass pending legislation to give 403(b) plan participants access to collective investment trusts, leveling the playing field for public sector retirement investors by giving them an investment option their private sector counterparts have had for decades, says Jason Levy at Great Gray Trust Company.

  • AV Compliance Is Still A State-By-State Slog — For Now

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    While the incoming Trump administration has hinted at new federal regulations governing autonomous vehicles, for now, AV manufacturers must take a state-by-state approach to compliance with safety requirements — paying particular attention to states that require express authorization for AV operation, say attorneys at Frost Brown.

  • Opinion

    Antitrust Posturing Against Algorithmic AI Should End

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    President-elect Donald Trump needs to rein in the federal government's antitrust crusade against algorithmic AI, sending the message that antitrust enforcement must be grounded in evidence and real harm, says attorney David Balto, a former Federal Trade Commission assistant director of policy and evaluation.

  • Risk Disclosure Issue Remains After Justices Nix Meta Case

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    After full briefing and argument, the U.S. Supreme Court recently dismissed Facebook v. Amalgamated Bank as improvidently granted, leaving courts with the tricky endeavor of determining when the failure to disclose a past event in an Item 105 risk disclosure is materially misleading, say attorneys at Lowenstein Sandler.

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