Video game maker settles for $520M for putting kids in harm’s way

Epic was charged under the Children’s Online Privacy Protection Act and the FTC Act. The penalty includes $245M in refunds for using “dark patterns” to separate users from their money. 

By Robert Freedman • Dec. 19, 2022

Managing legal and reputational risks when right-sizing your workforce

Reductions in force can help lower your company’s operating expenses, but if not undertaken with empathy, they might have the opposite effect.

By Evandro Gigante, Noa Baddish and Melissa Overbeck • Dec. 19, 2022

Knowledge of rule didn’t stop AT&T execs from breaking law, SEC says

The company provided instruction on how to comply with Regulation FD, which prohibits the sharing of material, non-public information, but some IR specialists still allegedly flouted the law.

By Robert Freedman • Dec. 16, 2022

What does it take to be good at cybersecurity?

Few large enterprises meet Deloitte’s standards for high cyber maturity. The 21% that do recognize benefits not typically associated with security.

By Matt Kapko • Dec. 15, 2022

Changes make it easier for SEC to go after insider trading

Executives and officers will be in a much tighter box when it comes to when they can trade in their company stock under modified 10b5-1 rules.

By Robert Freedman • Dec. 15, 2022

How TechGC has cultivated a strong community of legal leaders

The growing group provides general counsel with forums to discuss pressing issues and develop deep relationships that help advance their careers.

By Lyle Moran • Dec. 13, 2022

DOJ, SEC charge Sam Bankman-Fried with defrauding investors

The former FTX CEO, who was arrested Monday in the Bahamas, was supposed to appear in front of the House Financial Services Committee on Tuesday. FTX’s current CEO testified instead.

By Gabrielle Saulsbery • Dec. 13, 2022

Legal chiefs facing ‘most turbulent period’ of their careers

Increased areas of risk and heightened demand have placed added pressure on general counsel, recent reports indicate.

By Lyle Moran • Dec. 12, 2022

Legal chiefs advise against slashing tech spending

Some leaders said technology can help reduce in-house teams' workloads amid tight economic times and provide professional development benefits.

By Lyle Moran • Dec. 9, 2022

With his firing, ex-deputy GC becomes magnet for Twitter critics who see bias

Internal communications that Elon Musk released showed Jim Baker urging caution about a politically sensitive topic, but some can’t get past his former FBI role.

By Robert Freedman • Dec. 8, 2022

ACC launches new DEI benchmarking tool with Ethisphere

The free software helps organizations quickly compare their diversity, equity and inclusion efforts to those of their peers.

By Lyle Moran • Dec. 8, 2022

Trump Organization tax guilt turned on meaning of ‘in behalf of’

Even if helping the company wasn’t the main goal of the tax scheme carried out by Allen Weisselberg when he was CFO, the company is still implicated in the fraud, according to the verdict.

By Robert Freedman • Dec. 7, 2022

How employers can combat antisemitism

This may be the moment to make a statement if a company never has before, said Duane Morris partner Jonathan Segal.

By Kathryn Moody • Dec. 6, 2022

How laid off in-house counsel can secure new jobs

Lexion CLO Jessica Nguyen advises attorneys to be very specific about the value they can bring to other companies and actively utilize their professional networks.

By Lyle Moran • Dec. 5, 2022

Is that lobbyist you’re hiring just an influencer?

The revolving door between the public and private sectors raises risk management issues for companies that try to bend government to their will. 

By Robert Freedman • Dec. 2, 2022

9 of the year’s biggest in-house legal stories

These are the topics that have resonated the most with readers this year. 

By Legal Dive Staff • Dec. 2, 2022

Prosecutors may need to alter approach to deceptive practices cases

SCOTUS looks like it could end “right to control” as a way to prosecute fraud that doesn’t lead to property loss, but robust compliance programs remain essential.

By Robert Freedman • Dec. 1, 2022

Tech surveillance can stave off insider threats, but employers need guardrails

In some cases, electronic surveillance practices could infringe on worker rights covered under the National Labor Relations Act.

By Lindsey Wilkinson • Dec. 1, 2022

Private equity in crosshairs under aggressive FTC antitrust posture

Even divested assets that firms acquire from other companies trying to pass antitrust review could be seen as a problem if the government sees too much concentration happening, specialists say.

By Robert Freedman • Nov. 30, 2022

In-house counsel jobs have become far more demanding

The fallout from the COVID-19 pandemic has further increased workloads for legal department lawyers who must address a complex array of issues.

By Henrik Nilsson • Nov. 30, 2022

Insiders central to SEC enforcement efforts

The whistleblower program administered by the Securities and Exchange Commission is getting more tips than ever, but not everyone is happy with the way things are going.

By Robert Freedman • Nov. 29, 2022

HR largely complying with NYC pay transparency laws

Labor experts are highlighting all kinds of unintended consequences of salary disclosure.

By Caroline Colvin • Nov. 28, 2022

41 legal departments honored for their efforts to boost diversity

HP, McDonald’s, Pfizer and U.S. Bank are among those whose legal functions achieved Mansfield Rule certification from Diversity Lab. 

By Lyle Moran • Nov. 22, 2022

Analysis fails to show 737 MAX 8 cover-up led to over-priced tickets

The 5th U.S. Circuit Court of Appeals dismissed class-action lawsuits against Boeing and Southwest Airlines for allegedly defrauding passengers by hiding the safety risk of the once-grounded plane.

By Robert Freedman • Nov. 22, 2022

GCs key as companies prepare for clawback rule

Many companies already have a policy in place but it likely differs from what’s required by the Securities and Exchange Commission.

By Robert Freedman • Nov. 21, 2022