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Securities Settlements Reached New Highs in 2025, Despite Lower Pace of Dealmaking

9 hours 14 min ago

The median securities class action settlement reached a record high in 2025, despite overall settlement activity declining over the past year, according to a new report from Cornerstone Research.

       

Forum on ABA Accreditation Defines Council's Role

Wed, 2026-02-18 18:28

“At the end of the day, it's really the council speaking on behalf of the section that deals with the lion's share of issues that involve accreditation and gets the spotlight, said Daniel Rodriguez, Harold Washington Professor of Law at Northwestern University Pritzker School of Law and dean emeritus.

       

Roberts, Alito Face New Criticism of Stock Ownership After Rule Change

Wed, 2026-02-18 17:57

The U.S. Supreme Court is changing its rules to require litigants to list their corporate stock tickers in support of new conflict-checking software.

       

Chief Justices, Court Administrators to Study Law School Accreditation Options

Wed, 2026-02-18 17:48

The new accreditation working group formed “to assess how legal education and licensure practices and processes can address the justice gap crisis and ensure public trust and confidence in the legal profession."

       

Am Law Firms See Opportunities in Charlotte, but City's Partner Count Stays Flat

Wed, 2026-02-18 17:13

"There are more firms coming into the market, but there are not necessarily more partners coming into the market,” said Sarah Breen of Oakstreet Attorney Search.

       

'We Feed the Beast': Insurers Scrutinize Plaintiff Lawyer Strategies

Wed, 2026-02-18 17:09

"If we buy into the plaintiff narrative, if we fold and pay more than what is reasonable and owed, then we feed the beast," said Richard C. Ives, Hartford, Connecticut-based senior vice president of business insurance claim at Travelers.

       

Cooley Sued by Venture Fund Over $76M Ethereum Wallet Loss

Wed, 2026-02-18 17:00

Investors say Cooley helped a crypto firm raise funds while concealing a $76 million Ethereum liability that contributed to its collapse and bankruptcy.

       

No Harm, All Fowl: 'Boneless' Chicken Wings Can Stay on the Menu, Judge Rules

Wed, 2026-02-18 16:54

"A reasonable consumer would not think that BWW's boneless wings were truly deboned chicken wings, reconstituted into some sort of Franken-wing," the judge said.

       

Meta CEO Mark Zuckerberg on the Stand on Social Media Addiction: 'If Something Is Valuable, People Will Do It More'

Wed, 2026-02-18 16:36

Mark Zuckerberg, CEO of Meta, testified on Wednesday as part of a first-ever trial alleging Instagram and another defendant, YouTube, addicted a teenage girl, causing mental health problems.

       

Finding the Balance Between Protecting Trade Secrets and Public Safety Disclosures

Wed, 2026-02-18 16:15

This article discusses the current landscape for trade secrets as they relate to autonomous vehicles, and examines the competing objectives of requiring disclosure of internal information for public safety demands versus vehicle companies protecting their confidential information as trade secrets.

       

‘No Censorship Here at All,' Carr Says as FCC Opens Equal-Time Probe Into 'The View'

Wed, 2026-02-18 15:50

Federal Communications Commission guidance states that its equal-time rule could apply to daytime and late-night talk shows “motivated by partisan purposes. The rule requires broadcasters to afford equal airtime to political candidates of different parties but has not traditionally been applied to talk shows.

       

Musk: SEC Disclosure Claim Represents Targeted Application of Unclear Rule

Wed, 2026-02-18 15:29

The filing claims the disgorgement the SEC is seeking is an example of unconstitutional selective enforcement and violates Musk's right to due process by being punitive and "grossly disproportional to the alleged conduct."

       

The Frontline of Trade Compliance: Seven Steps to Protect Against Tariff Evasion Liability

Wed, 2026-02-18 14:29

Companies should not respond to increased tariffs by attempting to avoid or evade them. Those that do face a patchwork of enforcement tools that carry significant customs penalties and fines, and, in some cases, incarceration.

       

Military Can Enforce Policy Banning HIV-Positive Enlistees, 4th Circuit Rules

Wed, 2026-02-18 14:01

“[T]he military has articulated its need to have fit servicemembers who can fulfill its military mission without complications from medical conditions that could compromise deployment functions, contribute to conflicts with foreign nations during deployment, and add costs over those generally necessary to maintain fit servicemembers, the appeals court held.

       

'I Look Forward to Getting a Higher Verdict': Plaintiff's Team Says They Plan to Challenge Overturned $113M Award

Wed, 2026-02-18 13:55

"Nevertheless, based on the extent of injury, I felt the verdict should have been higher, and I look forward to getting a higher verdict if we are forced to retry the case," plaintiffs counsel told the Daily Report.

       

New Privacy Suits Against Oklahoma Health System Show Risk of Repeat Breaches

Wed, 2026-02-18 12:38

Oklahoma-based Integris Health is facing two new class action lawsuits over a data breach suffered by one of its vendors just months after it settled a similar data breach case for $30 million, highlighting the importance of addressing data security issues after a breach.

       

The Week in Data Feb. 18: A Look at Legal Industry Trends by the Numbers

Wed, 2026-02-18 10:29

Catch up on the latest data from across the Law.com newsroom, including data driving Big Law merger predictions.

       

Federal Military Lending Protections Overrule Fintech's Co.'s Arbitration Demand, Court Rules

Wed, 2026-02-18 10:01

"Courts construing language similar to the 'personal, family, or household purposes' requirement of the MLA have understood it 'as distinguishing between loans made for consumer-oriented purposes (which are covered) from loans made for business, commercial, or similar profit-seeking reasons (which are not covered),'" the judge said.

       

Big Law Firms in DC Prioritize West Coast Business Growth

Wed, 2026-02-18 05:59

Firm leaders at Crowell, Wilmer, Arnold & Porter and Steptoe all indicated in interviews that growing their presence on the West Coast is a priority, citing client business in their litigation, transactional, healthcare, life sciences, technology and AI practices.

       

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