The Justice Department announced a $1 billion settlement on Wednesday with 41 American Indian tribes in litigation over the mismanagement of assets held in trust by the federal government. The settlement is separate from the contested $3.4 billion settlement in a trust reform case brought by the late Elouise Cobell.

A judge on Wednesday awarded the state of Arkansas $1.2 billion following a Tuesday jury verdict against Johnson & Johnson over the marketing of the anti-psychotic drug Risperdal. Houston firm Bailey Perrin Bailey, which represented Arkansas, stands to receive a 15 percent contingency fee, or nearly $180.9 million.

It’s a full house at the Federal Trade Commission. Maureen Ohlhausen, a former partner at Wilkinson Barker Knauer, was sworn in Wednesday as the agency’s fifth commissioner

The federal law defining marriage as a union between one man and one woman sparked strong rhetoric in arguments Wednesday at the 1st Circuit. Paul Clement, representing Congress members who support the Defense of Marriage Act, argued that “government can rationally say [marriage] is too important of an institution to make a change to.”

The Commodities Futures Trading Commission on Wednesday announced a $20 million settlement with JPMorgan Chase that marks the first enforcement action tied to federal investigations into the 2008 fall of Lehman Bros.