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DOJ Won't Charge PE Firm That Acquired Sanctions Violator

By Hailey Konnath

The U.S. Department of Justice has decided not to go after private equity firm White Deer Management LLC after it discovered and voluntarily disclosed that Unicat's former leadership had violated economic sanctions and export laws, according to an announcement made Monday.

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Ex-Gree Execs Get 3 Yrs. In Landmark Product Safety Case

By Gina Kim

Two former Gree USA Inc. executives were sentenced to approximately three years in prison each by a California federal judge on Monday, after being found guilty of conspiracy to defraud the U.S. Consumer Product Safety Commission by failing to report defective humidifiers in landmark criminal convictions under the Consumer Product Safety Act.

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High Court Will Hear Chevron, Exxon Pollution Liability Case

By Katie Buehler

The U.S. Supreme Court agreed Monday to determine whether federal or state courts are the proper venue for Louisiana's bid to hold Chevron, Exxon Mobil and other major oil companies liable for damages to the state's coastal lands that were allegedly caused by World War II-era oil production activities.

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SEC Calls For Trial In SolarWinds Data Breach Suit

By Jessica Corso

The U.S. Securities and Exchange Commission is urging a New York federal judge to send its novel case against software developer SolarWinds Corp. to trial, arguing that the company hid its "pervasively poor cybersecurity practices" from investors ahead of a massive data breach that affected government and corporate clients.

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Brief

CFTC Founding Chair Bagley Dies At 96

By Jessica Corso

The U.S. Commodity Futures Trading Commission's first chair, William T. Bagley, has died at the age of 96.

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Catching Up With Delaware's Chancery Court

By Sydney Price and Jeff Montgomery

Delaware's Court of Chancery this past week sought answers in the high-stakes battle over the constitutionality of newly enacted Delaware corporation law amendments, which will hitch a ride to the state's Supreme Court via a suit contesting a $117 million acquisition of Clearway Energy Inc. by its majority shareholder.

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Chancery Taps Lead Counsel For Chemours Disclosures Suit

By Jeff Montgomery

Schubert Jonckheer & Kolbe and The Brown Law Firm PC got the nod in Delaware's Court of Chancery on Monday to lead a consolidated stockholder derivative suit seeking damages on behalf of Chemours Inc. arising from an alleged $575 million manipulation of company reports over two years.

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Bank Groups Will Join In On Fed's Debit-Card Swipe Fee Fight

By Jon Hill

Two banking industry groups received a North Dakota federal judge's permission Monday to present the perspective of banks when he holds a key hearing next month to mull a retailer-backed legal challenge to the Federal Reserve's limits on debit-card swipe fees.

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Canadian Atty Must Pay SEC $323K Over Stock Promotion

By Emilie Ruscoe

A Canadian securities attorney will pay over $323,000 to resolve U.S. Securities and Exchange Commission allegations that he drafted and executed sham consulting agreements at the heart of a scheme to conceal pay-for-play promotion of two so-called Regulation A offerings.

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Crypto Platform Tron Eyes Public Listing Via Reverse Merger

By Tom Zanki

China-based cryptocurrency platform Tron plans to go public through a reverse merger with Nasdaq-listed toy manufacturer SRM Entertainment Inc., both parties announced on Monday, supported by a $100 million investment arranged by a bank linked to President Donald Trump's family.

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Maryland, Kalshi Clash Over Sports Contract Oversight

By Aislinn Keely

Maryland regulators and KalshiEx are dueling over whether the trading platform's past battle with the U.S. Commodity Futures Trading Commission to list its election contracts complicates its current bid to block Maryland regulators from taking action over contracts that allow traders to wager on the outcome of sporting events.

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US, UK Reach Trade Deal On Cars; Steel Tariffs Still Unresolved

By Dorothy Atkins

President Donald Trump signed an order Monday enshrining the nation's new trade deal with U.K. governments under which the U.S. agreed to slash tariffs on 100,000 imported U.K. automobiles and auto parts, while eliminating tariffs on certain aerospace products but leaving steel and pharmaceuticals tariffs for future negotiations.

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NRC Commissioner Says Trump Illegally Fired Him

By Keith Goldberg

Former U.S. Nuclear Regulatory Commission chairman and current commissioner Christopher Hanson said Monday that President Donald Trump illegally fired him on Friday, becoming the latest member of an independent agency removed by the president.

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DOJ Says Naval Academy Admissions Policy Case Is Moot

By Ali Sullivan

The U.S. Department of Justice on Monday asked the Fourth Circuit to toss an appeal challenging the U.S. Naval Academy's consideration of race in admissions because the school has since changed its admissions program "so that race and ethnicity are no longer considered in any way at any point."

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Ohio Tells 6th Circ. PBM Case Doesn't Target Federal Work

By Matthew Perlman

Ohio urged the Sixth Circuit to send its case accusing Express Scripts and Prime Therapeutics of driving up prescription drug prices through rebate schemes back to state court, arguing the case doesn't target any federal government work by the pharmacy benefit managers.

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Paddle.com To Pay FTC $5M Over Tech Support Scam Claims

By Katryna Perera

Payment processing company Paddle.com Market Ltd. agreed on Monday to pay $5 million to settle a suit brought by the Federal Trade Commission accusing it of assisting and processing payments for tech support scams.

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Microcaptive Seller Agrees To Pay IRS Promoter Penalties

By Kat Lucero

A California-based insurance provider agreed to pay the Internal Revenue Service penalties for setting up microcaptive policies between 2005 and 2012 that the U.S. Tax Court had ruled in 2019 were insurance arrangements that did not deserve a favorable tax treatment, the IRS announced Monday. 

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China Mobile Won't Give Up Info In Federal Probe, FCC Says

By Christopher Cole

China Mobile has failed to fully cooperate with an investigation of whether the company is violating restrictions on its U.S. operations and could soon be fined more than $25,000 per day if the situation continues, the Federal Communications Commission said Monday.

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FCC Defends Prison Phone Rate Caps At 1st Circ.

By Nadia Dreid

The Federal Communications Commission has agreed to push the deadline for its prison phone rate caps back by one year for a company that has argued it needs more time, but it's still standing by the need for those caps at the First Circuit.

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Network Co. Sues Feds For $274M In 'Rip and Replace' Costs

By Jared Foretek

A Florida-based communications company is claiming that it was improperly denied reimbursement for replacing Chinese-made equipment from its network as part of the Federal Communications Commission's "Rip and Replace" program.

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VoIP Providers Want FCC To Preempt Calif. 'Overreach'

By Christopher Cole

Internet voice call providers are asking the Federal Communications Commission to preempt California from enforcing new rules that the providers consider "overreach" in regulating the businesses.

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Brief

Rural Broadband Cos. Say Scalability, Cost Key To Buildout

By Nadia Dreid

Rural network providers are happy about some of the changes the U.S. Department of Commerce is making to the multibillion-dollar broadband deployment program BEAD, but say they also think the government should turn a keen eye toward making sure projects are scalable and cost-efficient.

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6th Circ. Denies Mich. Gov.'s Rehearing Bid In Pipeline Suit

By Danielle Ferguson

A three-judge panel of the Sixth Circuit on Monday rejected a request for a rehearing from Michigan Gov. Gretchen Whitmer, who had asked the appellate court to reconsider its earlier decision that she didn't have sovereign immunity from Enbridge Energy's lawsuit seeking to halt her efforts to shut down the Line 5 pipeline.

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NY Seeks To Move Feds' Climate Superfund Suit Upstate

By Lauren Berg

The Trump administration's lawsuit challenging New York's climate change Superfund law should be transferred from the Southern District of New York to the Northern District, where it can join a similar lawsuit lodged by several Republican-led states, New York told a federal judge.

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Shell Loses Bid To Halt Suit Over Oil Terminal's Pollution Plan

By Aaron Keller

Two Shell Oil Co. subsidiaries cannot halt discovery in an environmental group's challenge to pollution control efforts at a New Haven petroleum terminal based on their interpretations of a state agency's draft permit, a Connecticut federal judge has ruled.

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King & Spalding Adds HHS Inspector General's Chief Counsel

By Jack Rodgers

An attorney who has spent his entire career with Office of Inspector General for the U.S. Department of Health and Human Services, serving most recently as its chief counsel, has joined King & Spalding LLP's healthcare team in Washington, D.C., the firm announced on Monday.

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Despite Rule Delay, FTC Scrutiny Looms For Subscriptions

Even though the Federal Trade Commission has delayed its click-to-cancel rule that introduces strict protocols for auto-renewing subscriptions, businesses should expect active enforcement of the new requirements after July, and look to the FTC's recent lawsuits against Uber and Cleo AI as warnings, say attorneys at Holland & Knight.

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How Medical Practices Can Improve Privacy Compliance

In light of recent high-profile patient privacy violations, health practices — especially in California — should better position themselves to comply with medical privacy laws by shoring up strategies ranging from mapping electronic protected health information to building a better compliance culture, says Suzanne Natbony at Aliant Law.

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2 NY Rulings May Stem Foreign Co. Derivative Suits

In recent decades, shareholders have challenged the internal affairs doctrine by bringing a series of derivative actions in New York state court on behalf of foreign corporations, but the New York Court of Appeals' recent rulings in Ezrasons v. Rudd and Haussmann v. Baumann should slow that trend, say attorneys at Cleary.

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ABA Sues Over Trump's 'Law Firm Intimidation Policy'

By Alison Knezevich

The American Bar Association sued dozens of federal officials and agencies in D.C. federal court Monday, saying President Donald Trump and his administration have used the executive branch's vast powers "to coerce lawyers and law firms to abandon clients, causes and policy positions" he doesn't like.

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Norton Rose Fulbright Says It Was Duped By Legal Tech Co.

By Catherine Marfin

Norton Rose Fulbright US LLP has accused the company behind a cloud-based legal workflow product of duping it into using its services and keeping client files without permission once their contract expired.

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Davis Wright Must Face Employment Atty's Defamation Claim

By Dorothy Atkins

A Washington state judge refused to toss in their entirety an employment attorney's defamation claims against Davis Wright Tremaine LLP and other firm partners, finding Washington's Uniform Public Expression Protection Act shields the firm from some of the attorney's allegations, but not all.

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National Judicial College CEO Steps Down After 8 Years

By Ryan Boysen

Judge Benes Z. Aldana has abruptly stepped down as president and CEO of the National Judicial College after eight years as a steady hand who guided the organization through the COVID-19 pandemic, increased its course offerings and organized several symposia on the importance of the rule of law. 

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Calif. Bar Panel Upholds Recommending Eastman Disbarment

By Emily Sawicki

A panel of the California State Bar Court's Review Department has affirmed the March 2024 recommended disbarment of President Donald Trump's former attorney, John Eastman, over attempts to overturn the results of the 2020 presidential election.

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Fake NY Lawyer Admits To Stealing Over $290K From Clients

By Pete Brush

A New York man admitted Monday that he posed as a lawyer to steal over $290,000 from people who thought he was doing class action, discrimination and other legal work, copping to larceny and fraud charges in state court.

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Fla. Supreme Court Orders Bar To Stop ABA Appointments

By Hailey Konnath

The Florida Supreme Court has instructed the Florida Bar to stop appointing delegates to the American Bar Association's House of Delegates, calling the state bar's work with the ABA "inconsistent" with its core mission of regulating the legal profession in the Sunshine State.

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Asian Bar Groups Jump Into Fight Over Trump Birthright Ban

By Bonnie Eslinger

The National Asian Pacific American Bar Association and dozens of other affiliated legal organizations urged the First Circuit on Monday to uphold a Massachusetts federal judge's decision blocking President Donald Trump's executive order limiting birthright citizenship, saying the White House order is unconstitutional and would "disproportionately harm" Asian American communities.

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