Articles by Sarah N. Lynch and Lawrence Hurley

Supreme Court Hands Wall Street Victory in Curbing SEC Disgorgement Remedy

The U.S. Supreme Court on Monday scaled back the Securities and Exchange Commission’s power to recover ill-gotten profits from defendants’ misconduct, handing Wall Street firms a victory and dealing another blow to the regulator’s enforcement powers. In a 9-0 ruling, …

Democratic Attorneys General Move to Defend Obamacare Insurer Subsidies

More than a dozen Democratic attorneys general on Thursday sought to intervene to defend a key part of the Obamacare healthcare law — subsidy payments to insurance companies — which is under threat in a court case. The 16 attorneys …

Supreme Court Issues Mixed Rulings on Municipal Suits Over Predatory Lending

The U.S. Supreme Court on Monday ruled that cities may sue banks over predatory mortgage lending to minorities that harms municipal finances, but cast doubt on whether such cases can succeed by throwing out a lower court decision that had …

5 Pending Supreme Court Cases New Justice Gorsuch Could Influence

Neil Gorsuch, President Donald Trump’s appointee to the U.S. Supreme Court who was confirmed by the Senate to the lifetime job on Friday in a 54-45 vote, will have an immediate impact on cases already pending before the justices. The …

As Supreme Court Justice, Gorsuch Could Influence Trump Climate, Deregulation Agenda

Donald Trump’s Supreme Court nominee could help decide the fate of his moves to undo climate-related U.S. regulations, but legal experts said Neil Gorsuch’s judicial record makes it hard to predict whether as a justice he would back a sweeping …

Supreme Court Rules Garment Design Elements Copyrightable

The U.S. Supreme Court on Wednesday ruled that basic elements in cheerleader uniform designs merit copyright protection, handing a victory to the top American maker of the garments in a decision with serious implications for the fashion industry. The justices …

Appeals Court to Rehear Constitutionality of Consumer Protection Bureau Structure

A U.S. appeals court said on Thursday it will reconsider an October ruling that the Consumer Financial Protection Bureau’s structure is unconstitutional, virtually guaranteeing the battle over an agency borne of the financial crisis will reach the Supreme Court. A …

Supreme Court Nominee Gorsuch Could Decide Class Action Waiver Cases

The U.S. Supreme Court will not act until at least the fall on a major business dispute on whether companies can head off costly class action lawsuits, meaning President Donald Trump’s nominee to the bench will almost certainly be in …

Pending Supreme Court Cases Trump’s Nominee Gorsuch Could Affect

President Donald Trump’s nominee to the U.S. Supreme Court could have an immediate impact on cases already pending before the justices. Trump last night nominated Neil Gorsuch, a judge on the Denver-based 10th U.S. Circuit Court of Appeals, to fill …

Timeliness of Securities Class Actions Under Supreme Court Scrutiny

The U.S. Supreme Court last Friday agreed to resolve a legal dispute over whether certain securities class action lawsuits can be barred because they were filed too late. The justices agreed to hear an appeal filed by the California Public …