News and Events for Attorneys and Executives

Administrative Law

Florida Supreme Court Foils Governor’s Plan to Pick New Justices

News
The Florida Supreme Court’s ruling is a major rebuke to incumbent Gov. Rick Scott, who wanted to pick the new justices before he leaves office.

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Trump Reportedly Floating 5 Different Names to Replace Attorney General Jeff Sessions

Trump Reportedly Floating 5 Different Names to Replace Attorney General Jeff Sessions

News
President Donald Trump believes Attorney General Jeff Sessions will likely leave his Cabinet at the end of the year, and so far has five potential replacements in mind who could take his place, reports Business Insider.

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Discrimination Defense Lawyer Confirmed for Trump Civil Rights Post

News
Bloomberg Law reports that the U.S. Senate has confirmed Eric Dreiband, a Jones Day attorney who defends companies accused of discrimination, to lead the Justice Department office that enforces anti-bias laws.

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HSBC to Pay $765 Million in Settlement Over Pre-Crisis Mortgage Bonds

HSBC to Pay $765 Million in Settlement Over Pre-Crisis Mortgage Bonds

News
Housing Wire is reporting that HSBC will pay $765 million to the federal government as part of a settlement that covers the bank’s mortgage bond activities in the run-up to the housing crisis.

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What Tesla Really Needs, SEC Says, Is an ‘Experienced’ Lawyer

What Tesla Really Needs, SEC Says, Is an ‘Experienced’ Lawyer

News
Of the all fixes the SEC wants Tesla Inc. to make in the wake of Elon Musk’s now-infamous tweet, one stands out for its novelty: “An experienced securities lawyer.” reports Bloomberg Law.

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Morrison & Foerster Will Eat $16M in Fees, Costs Pursuing Vets’ Claims

News
Bloomberg Law reports that Morrison & Foerster LLP accepted a fee award from the U.S. Army that’s $16 million less than the fee the firm could have sought.

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Elon Musk’s SEC Settlement Could Have Gone So Much Worse

Elon Musk’s SEC Settlement Could Have Gone So Much Worse

News
The SEC’s initial suit sought to bar the CEO from becoming an officer or director for any public company, perhaps for life, according to Wired.

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North Carolina Bar Accuses Florida Lawyer of Stealing From 2 Death Row Exonerees

News
Orlando lawyer Patrick Megaro took excessive fees when he pocketed a third of the awards despite having done virtually no work on their exonerations or compensation cases, the state bar alleges.

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Inside the Private Justice Department Meeting That Could Lead to New Investigations of Tech Giants

News
Participants voiced lingering frustrations that these companies are too big, fail to safeguard users’ private data and don’t cooperate with legal demands.

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Ethics Charges Filed Against 6 of 7 Arkansas Supreme Court Justices

Ethics Charges Filed Against 6 of 7 Arkansas Supreme Court Justices

News
A spokesman for the Arkansas Judicial Discipline and Disability Commission said it was the first time in the 30-year history of the commission that formal charges of ethical misconduct were brought against any member of the state’s highest court.

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Three Charged in $364M Scheme That Paid for Splurges on Diamonds, Bugattis and Mansions

News
A federal grand jury has indicted three men for what officials describe as a $364 million Ponzi scheme to defraud investors, reports The Dallas Morning News.

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Patrick Quigley Joins Bradley’s Washington Office as Counsel

News
Patrick R. Quigley has joined the Washington, D.C. office of Bradley Arant Boult Cummings LLP as counsel in the Government Contracts Practice Group.

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Citigroup Pays $12 Million to Settle Dark Pool Probe

Citigroup Pays $12 Million to Settle Dark Pool Probe

News
The bank will pay a penalty of $6.5 million and disgorgement and prejudgment interest totaling $5.4 million, while its affiliate, Citi Order Routing and Execution, will pay a penalty of $1 million.

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Former FDA Chief Counsel Rejoins Sidley as Practice Leader in Washington, D.C.

News
Rebecca “Becky” Wood, former chief counsel to the Food and Drug Administration, has rejoined Sidley Austin LLP as a partner.

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SEC Says Biotech Billionaire CEO Took Part in Pump-and-Dump Schemes

SEC Says Biotech Billionaire CEO Took Part in Pump-and-Dump Schemes

News
In a lawsuit filed in federal court in New York, the SEC alleged OPKO Health chairman and CEO Phillip Frost took part in three pump-and-dump schemes between 2013 and 2018, according to MedCity News.

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Annual Security Report Deadline is Approaching

Annual Security Report Deadline is Approaching

Insight
The U.S. Department of Education’s deadline for institutions to comply with the Annual Security Report is Oct. 1, 2018, points out Canopy Programs by United Educators.

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Former Dewey Chairman Reaches Agreement With SEC to Pay Six-Figure Civil Penalty

News
The SEC alleged that some executives of Dewey & LeBoeuf, which closed in 2012, misled lenders and bond buyers about the firm’s financial condition.

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Registration Open for 2018 Eastern District of Texas Bench Bar Conference

Registration Open for 2018 Eastern District of Texas Bench Bar Conference

Event, Oct. 17-19, 2018
The 22nd annual EDTX Bench Bar Conference is set for October 17-19 at the Marriott Legacy Town Center in Plano.

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EPA Proposes Affordable Clean Energy Rule to Replace Clean Power Plan

Insight
The current Administration does not believe it has authority under Section 111 of the Clean Air Act to require regulated entities to take actions “outside the fenceline,” according to Beveridge & Diamond.

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United Airlines Loses Challenge to Union Drive

News
Bloomberg reports that a vote on unionization by 2,700 United Airlines in-flight catering workers can proceed over the company’s objections, the general counsel of the National Mediation Board ruled.

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