By Jared Stanisci

Partner | Global Litigation

By Douglas Mo

Associate | Global Litigation

In a recent decision, Brewer v. Turner, et al.,[1] Chancellor Kathaleen McCormick largely denied Regions Financial Corporation’s (“Regions”)[2] motion to dismiss a shareholder derivative action, which sought to recover $191 million Regions paid pursuant to a Consent Order, that found Regions utilized unlawful overdraft fee practices.

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By Peter Bariso

Special Counsel | Corporate

By Olivia Maraj

Law Clerk | Corporate

On November 17, 2025, the SEC’s Division of Corporation Finance (the “Division”) announced how it will handle requests relating to shareholder proposals under Rule 14a-8. During the 2025-2026 proxy season (until September 30, 2026), the Division will not respond to requests for no action relief received from companies and will not express a view on a company’s reliance on any basis for exclusion of a shareholder proposal under Rule 14a-8, other than no-action requests to exclude a shareholder proposal under Rule 14a-8(i)(1).

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By Adam Magid

Partner | Global Litigation

By Keyes Gilmer

Associate | Global Litigation

On October 3, 2025, in In re FirstEnergy Corp., the U.S. Court of Appeals for the Sixth Circuit vacated a district court order that, if permitted to stand, would have required wholesale production of materials generated in an internal investigation, led by outside counsel, into a company’s involvement in an alleged bribery scheme.

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By Bilal Sayyed

Counsel | Antitrust

After having been shut down as of October 1 for all but ongoing litigation and time-sensitive matters because of the federal budget impasse, the Federal Trade Commission (“FTC” or the “Commission”) and the Antitrust Division of the Department of Justice (“Antitrust Division”) opened up for ordinary course business on November 13, 2025.

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