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The American Lawyer

Trump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work

"We are starting to see firms focus on capital markets associate hiring in anticipation of increased debt and equity offerings in a decreased SEC regulatory environment," said Lateral Link Managing Director Jesse Hyde.
7 minute read

The Legal Intelligencer

Federal Judge Allows Elderly Woman's Consumer Protection Suit to Proceed Against Citizens Bank

In Downz v. Citizens Bank, the plaintiff claimed Citizens Bank was negligent in failing to warn her of fraudulent activity and for allegedly allowing her to overdraft her Home Equity Line of Credit account by over $100,000.
5 minute read

New York Law Journal

Bank of America's Cash Sweep Program Attracts New Legal Fire in Class Action

A New Jersey resident accused the bank of offering paltry interest rates on its "cash sweep" accounts.
3 minute read

Corporate Counsel

FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'

The Los Angeles-based company defended its business practices and called the enforcement action "regulatory overreach."
4 minute read

Corporate Counsel

Discover Hires Interim Legal Chief as $35B Sale to Capital One Faces New Hurdles

Discover had hoped to complete its sale before Hope Mehlman exits as legal chief Nov. 27. But Capital One recently acknowledged that completing the deal this year is no longer a possibility.
4 minute read

Daily Business Review

Shareholders Sue Arc Global for Wrongful Withholding of Trump Media Shares

"The complaint isn't for monetary damages because we're seeking an expedited ruling from the court to recover possession of the shares. Then the complaint would be for many, many millions of dollars," said Daniel Lustig, a partner at Pike & Lustig
3 minute read

Law.com

Greenberg Traurig Initiates String of Suits Following JPMorgan Chase's 'Infinite Money Glitch'

The string of fraud incidents was spurred by a viral video on TikTok in August, in which users claimed to discover a systemwide "glitch" in Chase ATM's allowing unlimited amounts of money to be withdrawn.
3 minute read

New York Law Journal

Funding Life-Income Charitable Gifts With IRAs

"Your clients can use up to $53,000 of their IRA's Required Minimum Distributions (RMDs) to make life-income charitable gifts."
4 minute read

Corporate Counsel

First Horizon Hires GC Steeped in Tennessee Politics

Lang Wiseman, 53, is taking the legal reins from Charles Tuggle, 76.
3 minute read

Corporate Counsel

Financial Services Has a Trust Problem. Can GCs Help Right the Ship?

"They'd be wise to focus on user-friendliness and to come across with authenticity when dealing with their customers," said Noah Hanft, a former general counsel of MasterCard.
4 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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