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April 20, 2026
Singapore swim-school operator Fitness Champs Holdings Ltd. was hit with a proposed class action accusing it of concealing a social media-driven "pump-and-dump" scheme in which stock promoters posed as financial advisers to hype the stock through online forums, destroying the company's market capitalization after the shares were dumped.
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April 20, 2026
A purported blockchain technology platform faces proposed class action allegations it made millions off a so-called rug pull, introducing a series of nonfungible tokens and teasing a cryptocurrency offering that never materialized, then selling those tokens into the artificial market it created and abandoning the platform.
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April 20, 2026
A Ninth Circuit panel appeared open Monday to reviving a proposed class action alleging Wells Fargo violated the Fair Credit Reporting Act by pulling credit reports after fraudsters opened illegitimate accounts, with one judge expressing concerns the dismissal was "jumping the gun" and another judge criticizing the ruling as ambiguous.
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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 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
Two former executives of artificial intelligence company Predicate Labs Inc. have been hit with a suit in Delaware Chancery Court alleging that following a $400 million acquisition of the company in 2021, the executives "began a campaign of self-dealings, intentional misrepresentation, deceptive inducement and willful breach."
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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 federal jury in the Western District of Texas let bitcoin mining company Riot Platforms off the hook Friday when it found the company didn't infringe a patent owned by Green Revolution Cooling Inc. covering ways to cool down electronics at data centers.
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April 17, 2026
The U.S. Securities and Exchange Commission on Friday brought a fraud suit over a crypto project known as Bitcoin Latinum, accusing its founder and affiliated business entities of bilking investors out of $16 million with false claims that the token would be insured and "asset-backed."
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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
GMO-Z.com Trust has agreed to pay $6.8 million to end a class action from buyers of the GYEN stablecoin who say they suffered losses when the coin was "de-pegged" from the Japanese yen, according to a motion for final settlement approval.
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April 17, 2026
A Las Vegas man agreed to plead guilty in Nebraska federal court to conspiracy to commit mail and wire fraud for his role in a $45 million CoinDeal investment fraud scheme, admitting that he controlled company bank accounts that took in approximately $14.2 million in investor money obtained through false promises of huge returns.
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April 17, 2026
A California federal judge has permanently tossed a proposed class action against Caitlyn Jenner over the $JENNER cryptocurrency token she created and promoted, finding that the digital assets in question are not securities.
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April 17, 2026
A fintech founder can't hit pause on U.S. Securities and Exchange Commission claims he defrauded investors in a special purpose acquisition company as another court weighs whether to toss his claims that the regulator sued him improperly during last year's government shutdown.
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April 17, 2026
A Texas man has been sentenced to 23 years in prison by an Illinois federal judge for stealing more than $20 million from investors through a cryptocurrency scheme in which he falsely claimed his so-called Meta-1 Coin was backed by $1 billion in fine art and $44 billion in gold.
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April 16, 2026
A Ninth Circuit judge appeared skeptical Thursday of requests by KalshiEX LLC, Crypto.com and Robinhood to block Nevada from enforcing state gambling laws against sports and election-related contracts, telling Robinhood's counsel "I don't buy" the companies' regulatory interpretation and slamming a Crypto.com argument as "sophistry to the nth degree."
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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
U.S. Commodity Futures Trading Commission Chair Michael Selig on Thursday dismissed lawmakers' concerns that his agency may be understaffed for a widening mandate that includes policing prediction markets, and insisted he won't delay rulemaking while he waits for the president to appoint other commissioners.
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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
Prediction market platform Kalshi contends that a suit brought against the company by Michigan's attorney general alleging violations of state gambling laws should stay in federal court and not be remanded to state court.
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April 16, 2026
The U.S. Securities and Exchange Commission is asking the public how it might overhaul a key market surveillance tool to cut down on cost overruns and confront legal challenges, floating the question Thursday of whether the database should exist at all in its current form.
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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.