Wal-Mart to SCOTUS: Retail giant Wal-Mart wants the U.S. Supreme Court to pick up a nearly 10-year legal battle over the class-action lawsuit alleging sex discrimination at Wal-Mart stores, The National Law Journal reports. Wal-Mart's petition challenges the class certification of more than 1 million female former and current workers.
Fraud Prosecution Fallout: Federal prosecutors across the country are grappling with the fallout of the Supreme Court's recent decision narrowing the scope of the honest services law, The New York Times reports. Since the high court ruled in the Jeffrey Skilling case in June, defense lawyers have filed or are preparing court papers asking judges to vacate convictions or reopen cases. In a pending case in Washington federal district court, the government's public corruption prosecution of former lobbyist Kevin Ring is moving forward.
Cartel Cash: The Washington Post reports Mexican drug cartels continue moving billions of dollars in profit south across the border despite stepped-up efforts of U.S. and Mexican authorities. Cash is stashed in spare tires, engine transmissions and truckloads of baby diapers.
Taking Pride: California chief justice nominee Tani Cantil-Sakauye was confirmed Wednesday by the Commission on Judicial Appointments, setting up the potential to make her the first Filipino-American justice, The Recorder reports via Law.com. Cantil-Sakauye will become the 28th leader of the state's judicial branch if further confirmed by the electorate in November.
New SEC Rules: A new Securities and Exchange Commission rule is expected to make it less expensive and easier for shareholders to nominate their own candidates for director slots. The National Law Journal reports the SEC voted 3-2 on Wednesday to change how public company shareholders can nominate directors on proxy materials.
Blago Retrial: A hearing's scheduled today in the government's effort to bring former Illinois governor Rod Blagojevich to trial for a second time on corruption charges.

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