-
July 09, 2026
Blue Origin's valuation hit $130 billion after a $10 billion funding round; state lawyers are finalizing an antitrust lawsuit related to Paramount's planned takeover of Warner Bros. Discovery; and Fiserv is considering selling its payments infrastructure business to U.S. banking giants.
-
July 09, 2026
Coinbase Chief Legal Officer Paul Grewal, who led the cryptocurrency exchange through a prolonged battle with U.S. regulators, will step down at the end of the month before being succeeded by the company's current general counsel, according to a securities filing late Thursday.
-
July 09, 2026
Levona Holdings has urged a New York federal judge to order Reed Smith LLP and Greenberg Traurig LLP to turn over privilege logs in discovery related to the company's motion for sanctions, saying there are "reasons to doubt" the firms' privilege claims.
-
July 08, 2026
A California federal judge said Wednesday he's inclined to toss two proposed class actions alleging that Meta's AI tools enabled investment schemes advertised on Facebook, saying the litigation appears to be "on all fours" with a recent ruling in the same district finding such state claims are barred under federal securities law.
-
July 08, 2026
If Citigroup thinks now is a good time to expand its "financial empire" with a major acquisition, its already-mammoth size and past compliance troubles should make it think again, the top Democrat on the U.S. Senate Banking Committee told the bank on Wednesday.
-
July 08, 2026
Despite having "significant misgivings" about the U.S. Securities and Exchange Commission's $1.5 million settlement over Elon Musk's initial purchase of Twitter stock in 2022, a D.C. federal judge signed off on the parties' resolution Wednesday.
-
July 08, 2026
The U.S. Securities and Exchange Commission on Wednesday accused a former AstraZeneca Pharmaceuticals LP employee of using nonpublic information to trade ahead of the company's $1.1 billion acquisition of vaccine design company Icosavax Inc., yielding approximately $10,000 in illicit gains.
-
July 08, 2026
A New York federal judge's denial of Kalshi's push to block the state from regulating sports-related offerings on its prediction market platform should inform litigation the company and Coinbase have brought against Connecticut, the Connecticut Office of the Attorney General has said.
-
July 08, 2026
Citadel Securities has agreed to drop its New York trade secrets lawsuit targeting a Swiss cryptocurrency trading firm launched by two ex-employees in order to focus on enforcing a roughly £6 million ($8 million) judgment it's already won in the dispute, according to documents filed Wednesday.
-
July 08, 2026
A California federal judge has tossed a suit alleging AXT Inc. and two of its executives misled investors about risks with a planned initial public offering of its Chinese subsidiary, finding the suit fails to plead adequately that the executives acted with knowledge of wrongdoing or that the alleged corrective disclosure caused AXT's stock price to drop.
-
July 08, 2026
State securities regulators have joined investors and asset managers in urging the U.S. Securities and Exchange Commission not to adopt a semiannual reporting structure, arguing the move away from quarterly reporting by publicly traded companies could lead to more insider trading and accounting fraud.
-
July 08, 2026
Creditors that were excluded from Serta Simmons' so-called uptier debt restructuring are entitled to $261 million in damages plus interest, a Texas bankruptcy court has found, ruling against lenders that participated in the 2020 transaction.
-
July 08, 2026
Ohio has enacted a sweeping law that bans all foreign litigation funders from doing business in the Buckeye State, drawing praise from the U.S. Chamber of Commerce and outrage from the litigation finance industry.
-
July 08, 2026
Sheppard announced Wednesday that the firm has added an experienced intellectual property attorney focused on life sciences as a San Diego area-based partner, a day after announcing the addition of two Chicago-based transactional partners.
-
July 08, 2026
A former Connecticut chief justice's ethics gaffe cannot preclude fellow lawyers at Day Pitney LLP from communicating with new counsel for John B. Clinton, a private equity management firm owner locked in a 13-year-old, $1.3 million corporate windup lawsuit, Clinton has urged a Connecticut state court judge to conclude.
-
July 08, 2026
Kalshi is challenging a New York federal court's decision to deny it an enforcement shield from the state's gaming laws, adding the Second Circuit to the list of appellate courts set to weigh in on the question of prediction market regulation.
-
July 07, 2026
Prediction market KalshiEX LLC urged a Washington state judge on Monday to reject state officials' effort to halt the company's operations under Washington gambling laws, arguing that federal law preempts the regulatory effort and that Washington has failed to show that the platform has caused meaningful harm.
-
July 07, 2026
The U.S. Securities and Exchange Commission has issued a new rulemaking agenda that highlights its plans to reduce executive compensation disclosure requirements at publicly traded companies and possible changes to broker-dealer recordkeeping requirements, while both it and the U.S. Commodity Futures Trading Commission are exploring new cryptocurrency rulemaking.
-
July 07, 2026
The former CEO of a special purpose acquisition company that helped take Truth Social public urged a Florida judge Tuesday to allow President Donald Trump's deposition, arguing it's necessary to defend against a claim that he was targeted in a conspiracy to sign a merger agreement without his knowledge.
-
July 07, 2026
A former staffer for a firm that helps companies with U.S. Securities and Exchange Commission filings on Tuesday was sentenced to over two years in prison for using confidential information pilfered from his employer to fuel an insider trading scheme with a colleague that netted nearly $2.4 million in illicit profits.
-
July 07, 2026
White & Case LLP said Tuesday it has hired two Broadfield lawyers to join its Hong Kong office as partners in the firm's global litigation practice and global private capital industry group, saying they have broad experience in multi-jurisdictional matters and international arbitration disputes.
-
July 07, 2026
The U.S. Securities and Exchange Commission said Tuesday that it has launched a new working group that will expand the agency's efforts to identify fraud targeting retail investors, tapping two longtime agency officials to lead the effort.
-
July 07, 2026
Sony's online banking unit is a step closer to setting up a crypto-focused U.S. trust company with a preliminary conditional charter from the Office of the Comptroller of the Currency.
-
July 07, 2026
A Florida federal judge on Monday tossed a $25 million securities fraud case against William "Beau" Wrigley Jr., heir to the chewing gum fortune, and the cannabis company he used to run, finding that the allegations brought by investors fell outside the ambit of federal securities law.
-
July 07, 2026
Cryptocurrency trading platform Kraken has asked the Delaware Chancery Court to enforce a $22 million arbitration award it won against Mazars US LLP after the auditor suddenly quit the 2022 audit it was conducting for Kraken as the digital assets company came under a federal regulatory investigation.