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November 12, 2025
Broker Cops To Trading On Stolen Morgan Stanley Merger Info
A stockbroker from New Jersey told a Manhattan federal judge Wednesday that he traded on secret merger information stolen by a friend from a Morgan Stanley executive assistant, pleading guilty to insider trading, obstruction and fraud charges.
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November 10, 2025
Law360 MVP Awards Go To Top Attorneys From 76 Firms
The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.
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November 10, 2025
Trump Asks Justices To Overturn E. Jean Carroll's $5M Verdict
President Donald Trump Monday urged the U.S. Supreme Court to overturn writer E. Jean Carroll's $5 million sexual assault civil verdict win against him, saying the verdict resulted from "striking departures" from federal evidence rules that will repeat in other future cases unless the high court corrects them.
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November 10, 2025
NYT Sues DOD For Vids Of Strikes On Suspected Drug Boats
The New York Times Monday sued the U.S. Department of Defense in New York federal court, seeking surveillance footage related to deadly U.S. military strikes on boats suspected of smuggling drugs in the Pacific Ocean and Caribbean Sea.
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November 10, 2025
SEC Accuses Ex-Fintech CEO Of $60M Fraud In SPAC Merger
Securities regulators sued the founder of Triterras Fintech in New York federal court, accusing him of misleading investors about Triterras' trade finance platform to secure a business combination with a special purpose acquisition company in November 2020, netting himself $60 million while investors suffered significant losses.聽
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November 10, 2025
NY Jury Awards $112M To Migrants Detained Unlawfully
A New York federal jury on Friday found Suffolk County and the Suffolk County Sheriff's Office liable for violating the due process rights of a class of hundreds of migrants detained past their release dates on behalf of federal immigration authorities, awarding the immigrants $112 million in damages.
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November 10, 2025
Disney, ESPN Move To Nix Trade Secret Suit Over Sports App
Disney and ESPN asked a New York federal judge Friday to end a tech startup's trade secrets misappropriation suit accusing them of using confidential information to launch a rivaling sports aggregation app that curates game-viewing options, arguing the parties' nondisclosure agreement doesn't prohibit them from independently developing similar products.聽
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November 10, 2025
NJ Panel Revives Compensation Case In $95M Real Estate Deal
A New Jersey appellate panel revived a dispute Monday over whether a Manhattan real estate executive was fully compensated for his work on a $95 million redevelopment project, ruling that a trial judge wrongly granted summary judgment despite ambiguities in the parties' complex profit-sharing agreement.
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November 11, 2025
Justices Extend Temporary Pause On Full SNAP Payments
The U.S. Supreme Court on Tuesday granted the Trump administration's bid to extend the pause on a Rhode Island federal judge's order forcing the U.S. Department of Agriculture to fully fund food assistance benefits during the federal government's ongoing shutdown.
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November 10, 2025
Accolade Wants 'Slip Of The Tongue' Investor Fraud Suit Axed
Accolade Inc. and its CEO have asked a New York federal judge to toss a suit alleging they made false statements about the healthcare company's profitability to prop up share prices before announcing plans to go private, saying the amended complaint is investors' "second attempt to plead a 'fraud' case based on an obvious slip of the tongue."
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November 10, 2025
Fiber Optics Co. Should Refile Antitrust Claims, Judge Says
A Texas federal judge said Monday a fiber-optics company should be required to refile its copyright infringement and antitrust claims against Parker-Hannifin Corp., but that a trade secret misappropriation claim should be left to stand as is.
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November 10, 2025
Visa, Mastercard Cut New Deal Worth 'Well More Than $200B'
Visa, Mastercard and a class of potentially millions of merchants announced a new settlement Monday resolving two decades of antitrust litigation, which would permit more flexibility on what cards are accepted and would lower fees 鈥 with a five-year cap 鈥 to address a New York federal judge's concerns that an earlier version wasn't enough.
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November 10, 2025
Pfizer Again Asks Judge To Toss States' Price-Fixing Case
Pfizer has again asked a Connecticut federal judge to throw out claims it faces in a sprawling dermatology drug price-fixing lawsuit filed by multiple states against several pharmaceutical companies, arguing allegations against it were "scant and cursory."
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November 10, 2025
Ex-Judges, US Attys Urge Axing 'Political' Indictment Of NY AG
A bipartisan group of former federal judges and U.S. attorneys on Monday threw their weight behind New York Attorney General Letitia James' bid to dismiss the indictment accusing her of mortgage fraud, rebuking the appointment of interim U.S. Attorney Lindsey Halligan and slamming the prosecution's apparent political motivations.
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November 10, 2025
Guardians' Ortiz Due In NY Court In MLB Pitch-Fixing Scandal
Cleveland Guardians starting pitcher Luis L. Ortiz was ordered by a Massachusetts federal judge to appear in a Brooklyn, New York, courtroom for arraignment Wednesday on charges that he took bribes to fix pitches for "prop" bettors.
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November 10, 2025
Insurers Must Produce Docs In Hotel Co.'s COVID Dispute
Property insurers for luxury hotel chain Mandarin Oriental can't undo rulings forcing them to turn over documents related to their reserves, but may apply additional redactions to certain privileged legal advice, a New York federal court ruled in a dispute over COVID-19 business interruption losses.
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November 10, 2025
OpenAI Must Turn Over 20M User Logs, Judge Orders
A federal magistrate judge has ordered OpenAI to turn over 20 million anonymized user logs to news outlets that claim the artificial intelligence company made improper use of their copyrighted content.
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November 10, 2025
ProphetX Seeks CFTC Approval For Sports Event Contracts
Sports prediction company ProphetX said Monday it has applied to the U.S. Commodity Futures Trading Commission to become a federally regulated prediction market exchange specifically targeting sports-based event contracts.
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November 10, 2025
Former Eric Adams Prosecutor Joins Clement & Murphy
Clement & Murphy PLLC on Monday announced the hiring of Danielle Sassoon, a former acting United States attorney for the Southern District of New York who brought a corruption case against New York City Mayor Eric Adams, as a partner with the litigation boutique.
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November 10, 2025
Adobe Investors Can't Revive Suit Over $20B Figma Buy
Investors in design software giant Adobe Inc. can't revive claims that the company downplayed the threat it faced from competitor Figma Inc. before announcing a $20 billion deal to buy the rival, a Manhattan federal judge has determined, finding that the investors' new allegations regarding the company's market-size hypotheticals wouldn't have misled reasonable investors.
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November 10, 2025
Former Iconix CEO Sues Company, Ex-Proteg茅 For $45M
Iconix Brand founder and ex-CEO Neil Cole, whose criminal fraud conviction was recently thrown out, filed a $45 million malicious prosecution and breach of contract lawsuit Monday in New York federal court against the brand management company and one of its former executives.
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November 10, 2025
Trump Pardons Giuliani, Others Accused Of Election Crimes
President Donald Trump has reportedly pardoned scores of lawyers accused of attempting to interfere in the 2020 election, including Rudy Giuliani, John Eastman and Sidney Powell, according to a social media post created by the president's pardon attorney, Ed Martin.
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November 10, 2025
Justices Won't Hear Serta Simmons Ch. 11 Plan Challenge
The U.S. Supreme Court declined Monday to take up a challenge by Serta Simmons lenders to a Fifth Circuit ruling last year that rejected the mattress maker's controversial "uptier" debt exchange, choosing not to聽consider whether the appellate court erred in altering Serta's Chapter 11 plan without allowing a new vote on it.
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November 09, 2025
MLB Pitchers Clase, Ortiz Charged In Gambling Probe
Two Cleveland Guardians pitchers took bribes in exchange for throwing pitches that influenced betting outcomes in MLB games, federal prosecutors charged in an indictment unsealed Sunday in Brooklyn.
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November 07, 2025
Up Next At High Court: Religious Rights & Gov't Contracts
The U.S. Supreme Court will return Monday for a short week of arguments, in which the justices will consider whether state and local government officials can be held personally liable for alleged religious rights violations, and whether government contractors are entitled to immediately appeal denials of derivative sovereign immunity.
Expert Analysis
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Opinion
NYC Landlords Should Fight Unlawful Occupancy With 2 Laws
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations 鈥 from prosecutions of law enforcement officials to executive orders targeting law firms 鈥 they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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$2B PDVSA Ruling Offers Insight Into Foreign-Issued Debt
A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to refuse enforcement of $2 billion in defaulted bonds serves as a guide for the scope of review required in assessing the validity of foreign-issued securities with New York choice-of-law provisions, say attorneys at Cleary.
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Compliance Tips Amid Rising FTC Scrutiny Of Minors' Privacy
The Federal Trade Commission has recently rolled out multiple enforcement actions related to children's privacy, highlighting a renewed focus on federal regulation of minors' personal information and the evolving challenges of establishing effective, privacy-protective age assurance solutions, say attorneys at Nelson Mullins.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts鈥 electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Key NY State Grand Jury Rules Can Shape Defense Strategy
As illustrated by recent cases, New York state's grand jury rules are more favorable than their federal counterparts, offering a genuine opportunity in some cases for a white collar criminal defendant to defeat or meaningfully reduce charges that a prosecutor seeks to bring, says Ethan Greenberg at Anderson Kill.
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Series
Writing Novels Makes Me A Better Lawyer
Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at聽BakerHostetler.
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Personnel File Access Laws Pose New Risks For Employers
The state law trend toward expanding employee access to personnel files can have extensive consequences for employers, but companies can take proactive steps to avoid disputes and potential litigation based on such records, says Randi May at聽Tannenbaum Helpern.
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SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York鈥檚 recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a 鈥渒eep everything鈥 approach, says Philip Favro at Favro Law.
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Dropped Case Shows SEC Focus On Independent Directors
The U.S. Securities and Exchange Commission's recent liquidity rule case against Pinnacle Advisors, despite its dismissal by the commission, serves as a reminder that the SEC expects directors to embrace their role as active, probing fiduciaries, says Dianne Descoteaux at MFDF.
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4 Strategies To Ensure Courts Calculate Restitution Correctly
Recent reversals of restitution orders across the federal appeals courts indicate that some lower courts are misapplying fundamental restitution principles, so defense attorneys should consider a few ways to vigilantly press these issues with the sentencing judge, says Wesley Gorman at Comber Miller.
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State Paid Leave Laws Are Changing Employer Obligations
A wave of new and expanded state laws covering paid family, medical and sick leave will test multistate compliance systems, marking a fundamental operational shift for employers that requires proactive planning, system modernization and policy alignment to manage simultaneous state and federal obligations, says Madjeen Garcon-Bonneau at PrestigePEO.
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In NY, Long COVID (Tolling) Still Applies
A series of pandemic-era executive orders in New York tolling state statutes of limitations for 228 days mean that many causes of action that appear time-barred on their face may continue to apply, including in federal practice, for the foreseeable future, say attorneys at Sher Tremonte.
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Opinion
Expert Reports Can't Replace Facts In Securities Fraud Cases
The Ninth Circuit's 2023 decision in Nvidia v. Ohman Fonder 鈥 and the U.S. Supreme Court's punt on the case in 2024 鈥 could invite the meritless securities litigation the Private Securities Litigation Reform Act was designed to prevent by substituting expert opinions for facts to substantiate complaint assertions, say attorneys at A&O Shearman.
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Opinion
High Court, Not A Single Justice, Should Decide On Recusal
As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together 鈥 a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.