A U.S. judge will meet behind closed doors with government lawyers on Friday seeking to hammer out a process to refund up to $175 billion in illegally collected tariffs, a meeting a court official described as a "settlement conference."
A California attorney who worked with jailed former plaintiffs' attorney Tom Girardi pleaded guilty to criminal contempt in connection with Girardi's failure to pay millions of dollars in client settlement funds @davidjthomas.bsky.social reut.rs/4ldPMKK
A proposed law working its way through New York's legislature would bar artificial intelligence chatbots from impersonating lawyers and other licensed professionals in the state, opening up AI platforms to lawsuits by users reut.rs/40doISe
US grid watchdog objects to Maryland power plant sale, cites data center demand concerns
Cumulus Media, an audio entertainment company which owns 394 radio stations, a radio syndication business and a podcast network, has filed for bankruptcy protection in Texas with a restructuring deal that would eliminate most of the company’s $697 million in debt reut.rs/4d3KUFK
Education software company Learneo must pay a Connecticut university $75.3 million in damages, a federal jury said after finding that Learneo's Course Hero platform violated the school's copyrights covering course documents @blakebrittain.bsky.social reut.rs/4aQyf7Q
ChatGPT maker OpenAI has been accused in a new lawsuit of practicing law without a U.S. license and helping a former disability claimant breach a settlement and flood a federal court docket with meritless filings @mikescarcella.bsky.social reut.rs/4ldVzzS
A federal judge on Wednesday ordered the U.S. government to begin paying refunds of President Donald Trump's emergency tariffs that the U.S. Supreme Court deemed illegal in late February. This could ultimately return $168 billion to $182 billion to importers, budget analysts estimate.
Some things work best if everyone plays along: A game of tug-of-war; the quiet car on a train – and the proposed $7.25 billion Roundup class action settlement.
Elon Musk's artificial intelligence company xAI failed to convince a California federal court on Thursday to temporarily block the state's law requiring companies to disclose information about the data they use to train AI models.
Two Johnson & Johnson units have agreed to pay $65 million to settle a proposed antitrust class action by health plans and others claiming they were overcharged for the pulmonary hypertension drug Tracleer.
Education software company Learneo must pay a Connecticut university $75.3 million in damages after a federal jury found that Learneo's Course Hero platform violated the school's copyrights covering course documents reut.rs/4aQyf7Q
A California attorney who worked with jailed former plaintiffs' attorney Tom Girardi pleaded guilty on Thursday to criminal contempt in connection with Girardi's failure to pay millions of dollars in client settlement funds.
The U.S. Securities and Exchange Commission has agreed to settle its civil fraud case against Chinese cryptocurrency entrepreneur Justin Sun, with one of Sun's companies paying a $10 million penalty, a court filing showed on Thursday.
A federal judge on Thursday awarded Pfizer $29 million to resolve a dispute with the U.S. Securities and Exchange Commission stemming from the regulator's 2013 insider trading settlement with billionaire Steven A. Cohen's former hedge fund SAC Capital Management.
Homeland Security Secretary Kristi Noem will leave her role at the end of the month after facing bipartisan criticism. President Trump said he will tap Oklahoma Senator Markwayne Mullin to replace her, a move that would require Senate confirmation reut.rs/46Hm36X
US mulls new rules for AI chip exports, including requiring investments by foreign firms in the US
Cumulus Media, an audio entertainment company which owns 394 radio stations, a radio syndication business and a podcast network, has filed for bankruptcy protection in Texas with a restructuring deal that would eliminate most of the company’s $697 million in debt.
The FBI "identified and addressed suspicious activities" on its networks, an agency spokesperson said on Thursday.
A proposed law working its way through New York's legislature would bar artificial intelligence chatbots from impersonating lawyers and other licensed professionals in the state, opening up AI platforms to lawsuits by users.
Nasdaq will mark the full operational launch of its Texas exchange on Thursday, following U.S. regulatory approval of its listing rules.
Universal Music Group , the world's biggest music label, on Thursday put plans for a stock market listing in the United States on hold, citing market uncertainty.
OpenAI was accused in a new lawsuit of practicing law without a US license and helping a former disability claimant breach a settlement and flood a federal court docket with meritless filings reut.rs/4ldVzzS
U.S. banking regulators clarified on Thursday that banks should not have to hold additional capital against losses when dealing with blockchain-based securities, saying their rules are "technology neutral."
Hogan Lovells and Cadwalader disclosed their 2025 revenues ahead of their planned merger;
The Trump administration is relaunching its defense of EOs targeting law firms;
Plus, the latest lawyer moves in this week's Career Tracker.
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The Federal Reserve terminated the enforcement action it imposed on Wells Fargo following the bank's widespread fake accounts scandal, saying the bank had sufficiently overhauled its operations after nearly a decade of remediation work reut.rs/4cO2EFl
A U.S. appeals court on Thursday ruled that President Donald Trump had the authority to indefinitely suspend admissions of foreign citizens seeking to enter the United States under the U.S. refugee resettlement program.
House Oversight Committee Chair James Comer asked CEOs of Uber, Lyft, Expedia, Booking.com and Instacart to disclose whether they use surveillance pricing algorithms to hike costs based on consumers' personal data like browsing history and location reut.rs/46E0vYP
