Federal Gov News
Federal Gov
Nasdaq's diversity requirement, called 'identity politics,' struck down by Fifth Circuit
NEW ORLEANS (Legal Newsline) - A closely divided federal appeals court has struck down a rule requiring companies on the Nasdaq stock exchange to recruit women and minority board members, saying the regulation wasn’t authorized under federal securities law and didn’t promote the core goals of eliminating fraud and sharp trading practices.
Federal Gov
DOL probe gets green light as company argues it would ruin its business
GRAND RAPIDS, Mich. (Legal Newsline) - A company hoping to show the Department of Labor is wrecking its business with an investigation that would involve its clients has gotten very little help from a federal judge.
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Airlines' teamwork won't help customers, First Circuit rules in DOJ antitrust case
BOSTON (Legal Newsline) - A federal appeals court has affirmed a ruling that put an end to the so-called "Northeast Alliance" between American Airlines and JetBlue - an arrangement the companies claimed would help customers.
Federal Gov
Man's estate can't sue Dept. of Defense over COVID vaccine claims
WASHINGTON (Legal Newsline) - The Department of Defense has defeated a lawsuit that blamed it for the death of a man who took the COVID-19 vaccine.
Federal Gov
Judge grants an extra dozen depositions for the FTC in case against Amazon
SEATTLE (Legal Newsline) - The Federal Trade Commission can interview 22 witnesses from Amazon, a federal judge has ruled in allowing the agency to exceed the usual maximum.
Federal Gov
Rent-to-own company says CFPB has no authority over it
SHERMAN, Texas (Legal Newsline) - The federal Consumer Financial Protection Bureau wants a Texas federal judge to throw out claims it lacks the authority to prosecute a company offering lease-to-own financial products.
Federal Gov
Settlement ends Navient's long fight with feds
SCRANTON, Pa. (Legal Newsline) - After fighting for seven years, a company that services student loans has agreed to pay $120 million and quit handling some types of loans to end litigation.
Federal Gov
FTC keeps its secrets from Amazon in Prime lawsuit
SEATTLE (Legal Newsline) - The Federal Trade Commission will not have to hand over internal documents that show how it has interpreted a federal online shopping law through the years, as a federal judge has declined Amazon's request for access.
Federal Gov
South Carolina wants to keep labor penalties lower than feds following massive inflation adjustments
COLUMBIA, S.C. (Legal Newsline) - South Carolina faces another hurdle as it refuses to increase penalties for labor violations, which the federal government says it is required to do.
Federal Gov
As pipeline protests raged, Obama administration stalled, North Dakota lawsuit says
Facing a national election and the wrath of environmentalists and Native American tribes if it intervened, the Obama administration stalled any response to increasingly violent protests over a pipeline on land controlled by the Army Corps of Engineers, North Dakota claims in a lawsuit seeking tens of millions of dollars in damages.
Federal Gov
U.S. Labor Dept. accused of fraud; Banished lawyer lied to jury, timeline suspicious, company says
PHILADELPHIA (Legal Newsline) - A high-ranking U.S. Department of Labor attorney in Pennsylvania was actually exiled to D.C. as he was simultaneously disparaging opposing counsel as "Washington lawyers" in a $22 million case in Philadelphia.
Federal Gov
Biden-appointed judge rejects claims Biden Admin has overstepped authority
PHILADELPHIA (Legal Newsline) - A federal judge won't block new rules from the administration that appointed her to the bench, affirming a ban on noncompete clauses in employment contracts and rejecting claims the Federal Trade Commission was acting outside its authority.
Federal Gov
Massive penalty hits troubled Pa. nursing home chain
PITTSBURGH (Legal Newsline) - It's a worst-case scenario for a now-bankrupt Pennsylvania health care company accused by the Department of Labor of not fairly paying its employees.
Federal Gov
Showdown in Philadelphia over FTC's ban on noncompete clauses
PHILADELPHIA (Legal Newsline) - The company challenging new rules from the federal government banning noncompete clauses is headed to court today to argue for an injunction stopping them.
Federal Gov
Fifth Circuit again says challenge to CFPB's late fees cap should be in Texas
NEW ORLEANS (Legal Newsline) - Though he has twice sent the case out of his court, a Texas federal judge looks now to be in charge of a legal challenge to new federal rules that limit late fees on credit card payments.
Federal Gov
Judge undoes changes Biden SEC made to Trump-era rule
NEW ORLEANS (Legal Newsline) - President Biden's Securities Exchange Commission was wrong to undo rules passed during Donald Trump's time in office, a federal appeals court has ruled.
Federal Gov
Federal judge: Biden Admin doing 'violence to the Constitution'
LUBBOCK, Texas (Legal Newsline) - A federal judge has criticized the Biden Administration for its practice of using the rulemaking process to change the way businesses operate, saying it has stolen the policy-making power of Congress.
Federal Gov
FTC wants answers from MGM about cyberattacks
LAS VEGAS (Legal Newsline) - The Federal Trade Commission has been taken to court and now is going to court in a dispute with MGM that has the agency's chair in an awkward position.
Federal Gov
Crypto company says SEC going way overboard on possible penalty
NEW YORK (Legal Newsline) - What was once thought to be a $2 billion lawsuit that could change the cryptocurrency market forever might now end up being a $10 million hiccup for Ripple Labs, which says the federal agency desperate to regulate its product is being unreasonable.
Federal Gov
Judge asked to toss case over cashless national parks
WASHINGTON (Legal Newsline) - The National Park Service is defending its choice to stop accepting cash as it fights a federal lawsuit alleging it violated the Administrative Procedures Act.