United States

FINRA Guidance Documents, Interpretive Letters, FAQs, and Best Practices

FINRA has published a collection of its guidance documents, interpretive letters, FAQs, and best practices related to specific topics. This resource aims to provide clarity and support for regulated entities in understanding and adhering to FINRA rules.

Lowy v. Daniel Defense, LLC - Product Liability Opinion

The Fourth Circuit Court of Appeals reversed in part and vacated in part a district court's decision in Karen Lowy v. Daniel Defense, LLC. The opinion, decided on February 11, 2026, addresses product liability claims against firearms manufacturers and related entities. The case has been remanded for further proceedings.

Gibbons v. Gibbs - Affirmation of District Court Decision

The Fourth Circuit affirmed a district court's decision in Gibbons v. Gibbs, upholding the dismissal of claims related to the appointment of an election registrar. The court found that the appellant forfeited appellate review by failing to properly proffer evidence and found no abuse of discretion in the district court's evidentiary rulings or jury selection.

Michael Herlihy v. DBMP, LLC - Asbestos Claims in Bankruptcy

The Fourth Circuit Court of Appeals affirmed a bankruptcy court's decision to deny a motion to lift an automatic stay for asbestos claims against DBMP, LLC. The court found that lifting the stay would prejudice the debtor's estate and interfere with a potential Chapter 11 reorganization plan for asbestos claimants.

Operation 13 Tiers: 25 Defendants Charged in Drug Trafficking Scheme

Florida Attorney General James Uthmeier announced the conviction of Franklin Guillen Lara and the charging of 24 other defendants in Operation 13 Tiers. The operation targeted a drug trafficking organization run by the SUR-13 gang from within Florida prisons, resulting in the seizure of significant quantities of fentanyl and methamphetamine.

FTC Sends $103,420 in Refunds to Consumers for Deceptive Marketing

The FTC is sending over $40,700 in refunds to 578 consumers who purchased deceptively marketed products from Golden Sunrise Nutraceutical between July 2017 and July 2020. The refunds stem from a court order against the company and its director for making false health claims.

Scott Reardon v. American Airlines - Retaliatory Termination Claim

The Fifth Circuit Court of Appeals affirmed the dismissal of a retaliatory termination claim filed by Scott Reardon against American Airlines under the Railway Labor Act. The court found that Reardon's termination was based on violations of a Last Chance Agreement, not retaliation.

Fifth Circuit Court Opinion on Mississippi Vapor Law

The Fifth Circuit Court of Appeals denied a motion for an injunction pending appeal in a case challenging Mississippi House Bill 916. The court found that the plaintiffs, including vapor retailers and trade associations, failed to establish Article III standing to challenge the law, which restricts the sale of electronic nicotine devices to those approved by the FDA.

Fifth Circuit Certifies Texas LLC Exemption Question to State Supreme Court

The Fifth Circuit Court of Appeals has certified a question to the Supreme Court of Texas regarding whether a Texas LLC membership interest is an exempt asset in federal bankruptcy proceedings. The court is seeking clarification on Texas state law to resolve a dispute between a debtor and the bankruptcy trustee.

Geo Group v. Inslee - Ninth Circuit Denies Rehearing

The Ninth Circuit Court of Appeals denied a petition for rehearing in the case of The GEO Group, Inc. v. Jay Inslee. The court's prior decision vacated a preliminary injunction against a Washington state law concerning civil detainees and remanded the case. The denial of rehearing means the prior ruling stands.