Compliance

  • March 26, 2025

    Atkins' Industry Ties To Be Under Scope At SEC Nom Hearing

    President Donald Trump's pick to lead the U.S. Securities and Exchange Commission is expected to receive a friendly reception from Republican senators at his confirmation hearing on Thursday, but one leading Democrat has promised to press Paul Atkins on his ties to industry and the conflicts that could create.

  • March 26, 2025

    Mars Risk Exec Caught With Hand In Cookie Jar, Feds Allege

    A former Mars Inc. subsidiary global price risk manager pled not guilty in Connecticut federal court Wednesday to multiple criminal charges alleging that he defrauded his employer out of more than $28 million to fund his lifestyle, including a $2.3 million Greenwich home and a ranch in Argentina.

  • March 26, 2025

    Coalition Says Trump Admin Flouted Federal Rehiring Order

    The Trump administration responded to an injunction compelling it to rehire over 15,000 fired probationary employees by placing them on leave, not bringing them back to work, a coalition of advocates for the workers told a California federal judge Wednesday, saying the administration hasn't complied with the injunction.

  • March 26, 2025

    Senate Confirms Aaron Reitz To Lead DOJ Legal Policy Office

    Aaron Reitz, chief of staff for Republican Sen. Ted Cruz of Texas and a former deputy attorney general in the Lone Star State, was confirmed on Wednesday to lead the U.S. Department of Justice's Office of Legal Policy by a 52-46 vote in the Senate.

  • March 26, 2025

    DOI Lacked Authority To Cancel Arctic Leases, Judge Says

    The U.S. Department of the Interior lacked authority to cancel seven oil and gas leases issued to the Alaska Industrial Development and Export Authority in the Arctic National Wildlife Refuge, a federal judge has ruled, saying the federal agency was required to get a court order before doing so.

  • March 26, 2025

    4th Circ. Says Credit Union Not Liable For Fraudulent Transfer

    A Fourth Circuit panel on Wednesday reversed a lower court ruling that held a credit union liable for a scammer's use of its services to swindle a metal fabricator out of $560,000, ruling that banks aren't on the hook for misdescribed fund transfers without "actual knowledge" of the discrepancy.

  • March 26, 2025

    Drugmaker Execs Hid Approval Process Roadblocks, Suit Says

    A Sage Therapeutics Inc. investor sued the company's executives in New York federal court Wednesday alleging they hid significant setbacks affecting the regulatory approval for its drug candidates intended to treat mood disorders and other conditions including Parkinson's and Alzheimer's diseases.

  • March 26, 2025

    Trump Pick To Lead EPA Attys Grilled In Senate On Experience

    President Donald Trump's pick to lead the U.S. Environmental Protection Agency's legal division came under intense scrutiny Wednesday as Senate Democrats questioned his legal experience and his relationship with a senior member of Trump's personnel team.

  • March 26, 2025

    NYC Property Cos. Hit With Security Deposits Class Action

    A proposed class of residential tenants accused a property manager and a property owner in New York federal court on Wednesday of violating state law by not placing their security deposits in accounts that would accrue interest and paying security deposits without accrued interest after the tenants moved out.

  • March 26, 2025

    CFPB Pulls 'Inappropriate' Brief Supporting NY's Citi Suit

    The Consumer Financial Protection Bureau has moved to withdraw a Biden-era legal brief it filed backing the New York attorney general in her ongoing lawsuit over Citibank NA's handling of online wire fraud, criticizing the brief as "inappropriate" regulatory freelancing.

  • March 26, 2025

    Duke Energy Wins $20M In SC Investment Credits On Appeal

    Duke Energy can have about $20 million in tax credits that were disallowed by South Carolina's tax agency because the law governing the credits grants a $5 million annual limit, not a $5 million lifetime limit, an appeals court ruled Wednesday, overturning an administrative law judge.

  • March 26, 2025

    Court Backs Pitt, UPMC In Firing Doctor Over DEI Article

    A former program director at the University of Pittsburgh School of Medicine failed to show that officials at the University of Pittsburgh Medical Center were acting in a state capacity when they removed him from overseeing a cardiac fellowship program over his criticism of diversity initiatives, a federal judge ruled Wednesday in dismissing his case.

  • March 26, 2025

    EU Import System Fails To Prevent VAT Fraud, Report Says

    The European Union's simplified import customs procedures do not do enough to identify and prevent value-added tax fraud because of loopholes and inconsistencies, an EU watchdog said, also pointing out that various bloc members' oversight of such procedures was lacking.

  • March 26, 2025

    AGs Seek 1st OK For $39M Apotex Deal In Price-Fixing Case

    A coalition of 50 state attorneys general on Wednesday asked a Connecticut federal judge to accept a $39.1 million deal settling claims that pharmaceutical company Apotex Corp. schemed with others to fix generic-drug prices, with 70% earmarked for a restitution fund and 30% for consumer notices and attorney fees.

  • March 26, 2025

    NCAA Can't Use NY Case To Halt NC State '83 Team's NIL Suit

    North Carolina's business court refused to pause an antitrust lawsuit brought by members of the 1983 North Carolina State University men's basketball national championship team who accuse the NCAA of illegally using their likenesses, ruling the organization had failed to show it would suffer a "substantial injustice" without a stay.

  • March 26, 2025

    False COVID Cure Claims No Longer Feds' 'Current Priority'

    The Trump administration has abandoned another case targeting allegedly false claims that an over-the-counter product could treat, or even cure, COVID-19 by dropping its case against a one-man herbal tea operation.

  • March 26, 2025

    Susman Godfrey, Kelley Drye Attys Named FTC Deputies

    Federal Trade Commission Chairman Andrew N. Ferguson further filled out his senior leadership Wednesday with the announcement of deputy directors for the bureaus of Competition and Consumer Protection, filled respectively by a Susman Godfrey LLP associate and a partner at Kelley Drye & Warren LLP.

  • March 26, 2025

    FERC Pressed To Reject $26.6B Constellation-Calpine Merger

    Consumer and environmental groups have urged the Federal Energy Regulatory Commission to block Constellation's $26.6 billion purchase of Calpine, saying a tie-up of two of North America's largest independent power producers would reduce competition in the nation's largest regional electricity market.

  • March 26, 2025

    Big Top Blunder: Circus Sues BofA Over $4.8M Wire Fraud

    Soul Circus Inc., the owner of UniverSoul Circus, has accused Bank of America of allowing thieves to access its online corporate banking platform and steal more than $4.8 million from the company, according to a lawsuit removed to Atlanta federal court.

  • March 26, 2025

    Fired FTC Commissioner Defends Removal Protections

    Recently terminated Federal Trade Commissioner Rebecca Kelly Slaughter told a House subcommittee on Wednesday the removal of the agency's minority commissioners sends a message to the remaining members that they too could be fired on a "whim."

  • March 26, 2025

    Defense Contractor To Pay $4.6M Over Cyber Compliance

    Defense contractor MORSECORP Inc. agreed to pay the federal government $4.6 million to resolve a whistleblower lawsuit claiming the company did not comply with cybersecurity requirements for Army and Air Force contracts, the U.S. Department of Justice announced Wednesday.

  • March 26, 2025

    Willkie Securities Enforcement Leader Joins Simpson Thacher

    A former co-chair of Willkie Farr & Gallagher LLP's securities enforcement practice has moved to Simpson Thacher & Bartlett LLP in Washington, D.C., Simpson Thacher said Wednesday.

  • March 26, 2025

    Engineering Co. Owner Can't Deduct His Time, Tax Court Says

    The owner of a Colorado engineering company cannot deduct the value of the time he spent working on software without showing any amounts actually paid, the U.S. Tax Court ruled Wednesday in upholding the majority of $135,000 in tax deficiencies, plus penalties, against the owner.

  • March 26, 2025

    DOJ Can't DQ Judge In Perkins Coie Suit Over Trump Order

    A D.C. federal judge on Wednesday shot down a demand from the U.S. Department of Justice that she step aside from Perkins Coie LLP's lawsuit against the federal government over President Donald Trump's executive order targeting the firm.

  • March 26, 2025

    Ex-UBS North America CEO's $4.9M FBAR Deal Gets OK

    The former North American CEO for Swiss bank UBS will pay a $4.9 million judgment under a deal approved by a Connecticut federal court Wednesday that resolves the U.S. government's suit alleging he willfully neglected to file foreign bank account reports with the IRS for a decade.

Expert Analysis

  • 4 Potential Effects Of 3rd Circ.'s Coinbase Ruling

    Author Photo

    The Third Circuit's recent landmark decision in Coinbase v. U.S. Securities and Exchange Commission that the SEC's refusal to engage in rulemaking to clarify its stance on crypto enforcement was "insufficiently reasoned" could have wide-ranging impacts, including on other cases, legislation and even the SEC's reputation itself, says Daniel Payne at Cole-Frieman.

  • Applying ABA Atty Role Guidance To White Collar Matters

    Author Photo

    The American Bar Association’s recently published guidance, clarifying the duties outside counsel owes to both organizational clients and those organizations' constituents, provides best practices that attorneys representing companies in white collar and other investigative matters should heed, say attorneys at MoFo.

  • Tax-Free Ways To Help Employees After The LA Wildfires

    Author Photo

    Following the recent wildfires in Los Angeles, there are various tax-free ways to give employees the resources and flexibility they need, including simpler methods like disaster relief payments under Internal Revenue Code Section 139 and leave-sharing programs, and others that require more planning, says Ligeia Donis at Baker McKenzie.

  • What Trump Admin's Anti-DEI Push Means For FCA Claims

    Author Photo

    President Donald Trump's recent rescission of a 60-year-old executive order imposing nondiscrimination requirements on certain federal contractors has far-reaching implications, including potential False Claims Act liability for contractors and grant recipients who fail to comply, though it may be a challenge for the government to successfully establish liability, say attorneys at Bass Berry.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

    Author Photo

    As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.

  • CFPB's Message To States Takes On New Weight Under Trump

    Author Photo

    The Consumer Financial Protection Bureau's January guidance to state enforcers has fresh significance as the Trump administration moves to freeze the bureau's work, and industry should expect states to use this series of recommendations as an enforcement road map, say attorneys at Brownstein Hyatt.

  • What Companies Should Consider During FCPA Pause

    Author Photo

    While waiting for updated guidance on Foreign Corrupt Practices Act criminal investigations after a Feb. 10 executive order froze FCPA enforcement, companies should consider the implications of several possible policy shifts, rather than relaxing internal oversight of questionable business practices, say attorneys at Simpson Thacher.

  • How Criminal Enforcement Of Trump Tariffs May Work

    Author Photo

    While tariff enforcement has traditionally been handled as a civil matter, tariffs are central to President Donald Trump's broader economic, immigration and national security agendas — making it likely that the U.S. Department of Justice will be tasked with criminal enforcement of tariff evasion, say attorneys at BakerHostetler.

  • National Bank Act Rulings Facilitate More Preemption Analysis

    Author Photo

    Two recent National Bank Act preemption decisions from an Illinois federal court and the Ninth Circuit provide the first applications of the U.S. Supreme Court’s May ruling in Cantero v. Bank of America, opening the potential for several circuit courts to address the issue this year, say attorneys at Moore & Van Allen.

  • Series

    Collecting Rare Books Makes Me A Better Lawyer

    Author Photo

    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • It Starts With Training: Anti-Harassment After 'It Ends With Us'

    Author Photo

    Actress Blake Lively's recent sexual harassment and retaliation allegations against her "It Ends With Us" co-star, director and producer, Justin Baldoni, should remind employers of their legal obligations to implement trainings, policies and other measures to prevent sexual harassment in the workplace, say attorneys at Morrison Cohen.

  • Preparing For Stricter Anti-Boycott Enforcement Under Trump

    Author Photo

    Given the complexity of U.S. anti-boycott regulations and the likelihood of stepped-up enforcement under the new administration, companies should consider adopting risk-based anti-boycott compliance programs that include training employees to recognize and assess potential boycott requests, and to report them expeditiously when necessary, say attorneys at Debevoise.

  • Opinion

    New DOJ Leaders Should Curb Ill-Conceived Prosecutions

    Author Photo

    First-of-their-kind cases have seemingly led to a string of overly aggressive prosecutions in recent years, so newly sworn-in leaders of the U.S. Department of Justice should consider creating reporting channels to stop unwise prosecutions before they snowball, says Jonathan Porter at Husch Blackwell.

  • Tips For Pharma-Biotech Overlap Reporting In New HSR Form

    Author Photo

    While there’s no secret recipe for reporting overlaps to the Federal Trade Commission in the new Hart-Scott-Rodino Act form, there are several layers of considerations for all pharma-biotech companies and counsel to reflect on internally before reporting on any deal, say attorneys at A&O Shearman.

  • Complying With Calif. Price-Gouging Law After LA Fires

    Author Photo

    The recent tragic Los Angeles fires have brought attention to the state's sometimes controversial price-gouging protections, and every California business should keep the law's requirements in mind, despite the debate over whether these statutes help consumers, say attorneys at Cooley.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Compliance archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!