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April 20, 2026
Credit Agricole Group has been hit with a suit in New York federal court alleging that the French bank engaged in a yearslong scheme to fraudulently induce two clients into a trading strategy it deemed the "perfect hedge" against certain market risks, when in reality, the strategy created hidden liabilities, forced liquidations and tens of millions of dollars in damages.
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April 20, 2026
Investors in real estate investment trust Sun Communities Inc. have received an initial nod for their proposed $2.3 million deal to end claims the company concealed that a former CEO received a loan from a board member's relatives, precipitating share price declines when the loan was disclosed by a short seller.
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April 20, 2026
Bank of America will pay approximately $21,500, including attorney fees and costs, to resolve a Fair Labor Standards Act lawsuit alleging employees were not paid for time spent booting up and shutting down their computers, after a North Carolina federal judge signed off on the settlement.
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April 20, 2026
Inspired Healthcare's unsecured creditors have urged a Texas bankruptcy judge to deny the company's bid to retain Reid Collins & Tsai LLP to help investigate the debtor's pre-Chapter 11 conduct, saying that task should fall to unsecured creditors instead.
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April 20, 2026
A federal labor union pushed back Friday against a Consumer Financial Protection Bureau bid to proceed with a plan for shedding roughly half its remaining staffers, telling the D.C. Circuit that the agency's request should go first to the lower-court judge who froze layoffs there.
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April 20, 2026
The Delaware Chancery Court this past week delivered another mix of procedural rulings, fiduciary duty disputes and deal litigation, highlighting both the court's gatekeeping role and its continued focus on stockholder rights and transactional fairness.
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April 20, 2026
The U.S. Supreme Court on Monday questioned an attempt to limit the U.S. Securities and Exchange Commission's disgorgement powers, with conservative and liberal justices alike seemingly skeptical of the argument that the agency has to identify victims before it can demand the return of ill-gotten gains.
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April 20, 2026
Cleary Gottlieb Steen & Hamilton LLP announced on Monday that an alumnus of the firm who most recently worked as the head of responsible AI governance at Amazon has rejoined its ranks in New York.
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April 20, 2026
The U.S. Supreme Court on Monday declined to review a Second Circuit decision upholding class certification in a $12 billion municipal-bond antitrust lawsuit after a group of major banks argued the district court erred in not resolving an expert witness evidence dispute before granting certification.
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April 20, 2026
The U.S. Supreme Court said Monday that it will not review a First Circuit decision allowing Citizens Bank NA to be sued for allegedly failing to comply with a Rhode Island interest-on-escrow law, declining to wade again into a fight over national bank preemption.
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April 17, 2026
One of Ukraine's largest banks has made good on its threat to pursue a second investment treaty claim against Russia over the loss of "substantial" assets and operations near Ukraine's western border.
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April 17, 2026
Four firms including Haynes Boone and Jones Day guided Kraken's $550 million acquisition of regulated crypto derivatives exchange Bitnomial, according to a Friday announcement from Kraken.
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April 17, 2026
A pair of Kentucky men have agreed to plead guilty in Illinois federal court to wire fraud for running a yearslong scheme that prosecutors say tricked about 60 borrowers, lenders and investors into handing over at least $11.8 million through fake loan programs and supposed investments.
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April 17, 2026
A Connecticut state judge has ordered the strict foreclosure of a Greenwich mansion that exiled Russian media tycoon Vladimir Gusinski purchased through an arm of his company, New Media Holdings LLC, capping a six-year-old lawsuit by a bank and its successor surrounding $4.94 million loans.
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April 17, 2026
The former chief executive officer and former chief financial officer of a bankrupt artificial intelligence firm were indicted in Brooklyn Friday on charges that they defrauded investors and banks by lying about having customers in order to inflate company earnings to the tune of hundreds of millions of dollars.
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April 17, 2026
The Consumer Financial Protection Bureau is awaiting White House clearance to publish a final rule that would complete its revamp of small-business lender reporting requirements issued during the Biden administration, according to a new regulatory notice.
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April 17, 2026
The Fourth Circuit on Friday refused to revive an ex-Merrill financial adviser's proposed class action claiming he was shorted deferred compensation, backing a lower court's holding that the retention bonuses at issue were exempt from federal benefits law.
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April 17, 2026
A North Carolina federal judge has approved a settlement resolving a wage suit alleging that Bank of America Corp. failed to pay workers for time spent booting up and shutting down their computers before and after their shifts.
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April 16, 2026
A program from fintech platform MoneyLion encouraging users to refer friends to the service has flooded Washington residents with unsolicited text messages in violation of the state's Commercial Electronic Mail Act, alleges a putative class action removed to Seattle federal court Wednesday.
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April 16, 2026
The U.S. Sentencing Commission on Thursday voted to enact multiple revisions to the federal sentencing guidelines, including the first inflationary adjustment in over a decade for calculating penalties for economic crimes, but declined to take action on a series of more transformational changes that were under consideration.
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April 16, 2026
The Office of the Comptroller of the Currency said Thursday it has ended a Biden-era consent order with JPMorgan Chase over its trade surveillance monitoring, which was at the center of hundreds of millions of dollars in fines for the banking giant two years ago.
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April 16, 2026
The Federal Reserve Board on Thursday ordered a Georgia bank holding company to retain and raise capital as part of a consent order tied to its small business and agricultural lending that examiners raised concerns about earlier this year.
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April 16, 2026
Capital One has been hit with a proposed class action in Virginia federal court accusing it of unlawfully canceling billions of dollars in earned credit card rewards by unilaterally closing customers' accounts without cause.
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April 16, 2026
The Office of the Comptroller of the Currency has settled with an Illinois bank over claims it deceptively marketed federally guaranteed home refinance loans for veterans, issuing an enforcement order that is drawing consumer advocate scrutiny for omitting key redress details.
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April 16, 2026
U.S. Bank denied hourly employees meal and rest breaks, and shorted them on overtime and sick leave pay, two former workers alleged in a proposed class action filed in Washington state court.