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Trade & Procurement
Recent changes
SEC Obtains Final Judgments in Insider Trading Case
The SEC announced the entry of final consent judgments against Joseph C. Lewis, Carolyn W. Carter, Patrick J. O’Connor, and Bryan L. Waugh in an insider trading case. The judgments include penalties, disgorgement, and prejudgment interest totaling over $2.3 million.
SEC Settles Joel Castellanos Ponzi Scheme Action
The SEC has settled an action against Joel Castellanos for his role in an alleged $196 million Ponzi scheme. Castellanos is charged with selling unregistered securities and operating without proper registration, resulting in a $150,000 civil penalty and disgorgement.
Court Opinion Errata Sheet Amends Case Details
The United States Court of Appeals for the First Circuit issued an errata sheet to amend a previously issued opinion. The amendment corrects the name of the Postmaster General on the cover sheet and renumbers footnotes. This action is procedural and does not alter the substantive outcome of the case.
United States v. Yoon - Errata Sheet for Court Opinion
The First Circuit Court of Appeals has issued an errata sheet to amend a court opinion originally issued on February 20, 2026. The amendment corrects a minor typographical error on page 9 of the opinion.
AI Act: Code of Practice on AI-Generated Content
The EU AI Office convened working groups and workshops to gather stakeholder feedback on a draft Code of Practice for marking and labelling AI-generated content under the AI Act. Discussions focused on disclosure obligations, marking techniques, and responsibilities across the AI value chain.
US v. Konan - Sovereign Immunity for Mail Nondelivery
The Supreme Court ruled that the United States retains sovereign immunity for claims arising from the intentional nondelivery of mail. The decision clarifies the scope of the Federal Tort Claims Act's postal exception, impacting how individuals can sue the Postal Service for mail delivery issues.
Supreme Court Vacates Judgment Due to Jurisdictional Defect
The Supreme Court vacated a judgment in Hain Celestial Group, Inc. v. Palmquist, ruling that the District Court lacked diversity jurisdiction when the case was removed from state court. The Fifth Circuit correctly reversed the lower court's decision, requiring the case to be remanded to state court.
DOJ OIG Audit of National Security Division Information Security Program
The DOJ Office of the Inspector General has released an audit report (26-029) concerning the National Security Division's information security management program for Fiscal Year 2025. The audit was conducted pursuant to the Federal Information Security Modernization Act of 2014. The report includes 5 recommendations.
DOJ Audit of FARA System Controls FY2025
The Department of Justice's Office of the Inspector General has released an audit report on the National Security Division's security controls and its Foreign Agents Registration Act (FARA) system for Fiscal Year 2025. The report, dated February 24, 2026, identifies one recommendation.
State AGs Sue to Block Vaccine Schedule Overhaul
Attorney General William Tong, joined by 15 other states, has filed a lawsuit challenging the Trump Administration's overhaul of the nation's childhood immunization schedule. The suit targets a CDC decision memo that removed seven childhood vaccines from the universally recommended list and challenges the replacement of the ACIP expert panel.
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