The Latest

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  Q&A

  Approaching compliance under multiple climate reporting regulations

  Companies may need to reorganize as climate disclosure mandates take shape, says Tim Mohin, a partner and director at Boston Consulting Group.

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  Ascension hit with lawsuits days after ransomware attack

  Most data breach lawsuits settle out of court rather than through litigation, an expert told Healthcare Dive. 

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  Company defrauded by ‘deepfake’ CFO identified as engineering group Arup

  Arup “notified the police about an incident of fraud in Hong Kong,” confirming “that fake voices and images were used,” according to the company.

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  ATM fee waivers discriminate by race, lawsuit says

  The plaintiffs allege Citi unlawfully granted fee waivers to people using out-of-network ATMs only if their accounts were held at nonwhite-owned banks, according to the suit filed Friday.

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  Employers should include workers in AI plans, DOL says

  The agency outlined a list of eight “AI Principles for Developers and Employers” on Thursday, following up on a 2023 directive from the White House.

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  How the right tools can enable GCs to remain a team of one

  Incident IQ General Counsel Donato Latrofa says he’s the only lawyer the company needs even though it services some 1,600 customers throughout the United States.

  Contracts

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  Nonbanking financial institutions must notify FTC of breach under now-live amended rule

  Breached organizations must now notify the Federal Trade Commission of security incidents no later than 30 days after discovery.

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  Supreme Court upholds CFPB’s funding structure

  The 7-2 ruling puts an end to a case that threatened the bureau's existence and pushed at least one district judge to pause a CFPB rule pending the high court's opinion.

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  Judge dismisses FTC’s antitrust suit against Welsh Carson

  Regulators sued the private equity firm for consolidating Texas anesthesia markets. Now, a judge is holding Welsh Carson blameless while allowing the suit against its portfolio company, U.S. Anesthesia Partners, to continue.

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  Opinion

  How legal teams are mastering AI

  By focusing first on automating high-volume tasks, attorneys and other legal staff become comfortable using the new tools from the ground up.

  Legal Technology

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  Door opens wider for workplace discrimination claims

  A notable Supreme Court ruling makes clear that employees need not show “significant harm” in job transfer bias cases.

  Emerging Issues

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  On-demand pay could create wage violations, Connecticut cautions employers

  The warning comes as states and the federal government weigh options for regulating earned wage access products.

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  Rulemaking is the wrong way to get fee transparency, airlines say in DOT lawsuit

  An industry coalition accuses the federal government of regulatory overreach for releasing a rule mandating how airlines are to disclose ancillary fees to consumers.

  Lawsuits and Litigation

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  Boeing may face criminal charges over fatal 737 Max crashes: DOJ

  The aircraft maker could now be on the hook for defrauding federal regulators over two 737 Max crashes that killed 346 people.

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  Fed, OCC to hold public meeting on Capital One-Discover deal

  Concerns about the $35B merger proposal, which has already faced opposition, are likely to surface again at the July public meeting.

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  Big fines aren’t burdensome for many companies, analysis finds

  In a number of cases, headline-grabbing fines only require a few days’ worth of earnings to pay.

  Compliance

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  Former Bed Bath & Beyond sues Hudson Bay investors for $300M

  The lawsuit states that the hedge fund reaped a short-swing profit weeks before the retailer's bankruptcy. Hudson Bay disputes the claims.

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  Fraud detector Traceable zeroes in on GenAI threats

  The startup is rolling out new AI-related threat detection capabilities on the heels of securing $30 million in funding from investors, including Citi Ventures.

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  Kabbage to pay $120M in PPP fraud settlements with DOJ

  The second-largest PPP lender in the nation by application volume “knowingly submitted thousands of false claims” and employed lax fraud controls, the Justice Department said.

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  Challenge to SEC’s proxy reporting rule dismissed by appeals court

  The Fifth Circuit Court of Appeals said the lawsuit put forward by four Republican-led states lacked standing and failed to provide evidence of alleged increased compliance costs.

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  CFPB will keep defending late fee cap

  The 5th Circuit Court of Appeals blocked the Consumer Financial Protection Bureau’s $8 late fee cap on Friday, but the federal agency said it will continue to “defend” the rule.

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  OSHA heat standard clears regulatory hurdle

  A committee has unanimously recommended that the agency advance the proposal for a heat safety rule.

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  SCOTUS decision vastly expands potential copyright damages

  In a high-profile case involving music popularized by Flo Rida and other rap artists, the top court opens the door to big awards for infringement.

  Lawsuits and Litigation

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  Red Hat’s DEI program discriminatory, lawsuit says

  A senior manager says he was fired for being white and male and retaliated against for his merit-based hiring advocacy.

  Lawsuits and Litigation

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  White House wants to hold the software sector accountable for security

  Federal officials are taking steps toward a long-stated goal of shifting the security burden from technology users to the companies that build it.

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