Securities Archive » April, 2021

Securities - April, 2021

339 articles

• PE Firms Want Out Of Pot RICO Suit Against Harvest, Verano
• NY Panel Sustains 1933 Act Claims For 1st Time Post-Cyan
• SEC's New Chair Seeks Fixes For Unequal Access To Capital
• Brokers Sued Over Actor's Alleged $690M Ponzi Scheme
• 2nd Circ. Told Revlon Lenders' Citi Win 'Wrong As It Sounds'
• Robbins Geller, Pomerantz To Lead AstraZeneca Investor Suit
• Block & Leviton Will Lead Investor Suit Against Bit Digital
• Cyprus Co. Looks To Enforce $7.6M Defaulted Loan Award
• Real Estate Rumors: Easton, Vornado, Housing Trust
• Chancery Orders Closing On $550M Cake Supply Co. Sale
• SEC's Peirce Talks ESG And Agency's Future Under New Chair
• Ex-DOJ Bribery Chief To Join WilmerHale's White Collar Group
• VW Hit With Stock Drop Suit Over 'Voltswagen' Gag
• Reverse-Mortgage Millionaire Guilty Of Massive Debt Fraud
• Tutoring Startup Settles SEC Claims It Cooked The Books
• Med Tech Co. Class Sues Over $569M CEO Incentive Plan
• UK Litigation Roundup: Here's What You Missed In London
• AIG Says Ariz. Justices Back It In $13M U. Of Phoenix Row
• Levi & Korsinsky, Bragar Eagel Lead Ultra Ch. 11 Investor Suit
• SEC Enforcer's Exit Won't Sour Gensler On BigLaw Hires
• CBD Co. Hit With $12M Fraud Suit Over Failed Biz Transaction
• Groupon Beats Investor Suit Claiming It Hid Losses, For Now
• Staffing Platform ShiftPixy Files 4 SPACs Exceeding $1B
• Peloton Investors File Latest Suit Over Treadmill Risks
• Gambler Gets 28 Months For Stealing $9.4M From Investor
• Xerox Spinoff, Investors To Mediate Securities Class Claims
• Real Estate Rumors: Harbor Group, Arbor, Simon Property
• Array Biopharma, Investors Agree To $8.5M Settlement Deal
• Truck Co. Inflated Preorder Sales, Lost $1.9B, Investors Say
• Texas AG Can Be Named In Ex-Clients' Fraud Suit, Court Says
• Developer Wants Theft Claim Cut From $100M EB-5 Fraud Suit
• Justices Should Clarify Securities Fraud Loss Causation
• Wilson Sonsini Steers Fintech Paxos In $300M Funding Round
• Chancery Nixes Injunction In SourceHOV Appraisal Debt Row
• Bibox Token Buyer Pushes To Revive State Law Claims
• How Gov't FCPA Hiring Practices Theory May Pan Out In Court
• Norton Rose Names New Heads Of Corporate, Finance
• NY, Del. Judges Take Brunt Of 3-Year Rise In Securities Filings
• Ex-Katten Atty Caught In Shkreli Fraud Gives Up Law License
• Investors Withdraw Slew Of Suits Against Crypto Companies
• Raymond James Gets Bigger Chunk Of $8M Jay Peak Deal
• SEC Enforcement Head Resigns 1 Week After Being Hired
• Hertz Cleared For New Ch. 11 Plan Sponsor Auction Schedule
• Hertz Wants $23M Coverage Suit For SEC Probe Revived
• Teary Ex-CEO Tells Jury Mortgage Co.'s Failure Not His Fault
• CoreLogic Investor Sues In Del. For $6B Go-Private Sale Docs
• Credit Suisse, Others Fined €28M Over Bond Trading Cartel
• The Gap Nabs Dismissal Of Investor's Board Diversity Suit
• Robinhood's Bid To Toss Hacking Suit Meets Skeptical Judge
• Chancery OKs Keker Van Nest $19.6M Fee In Shire Ruling
• People's United Bank Will Pay $1.75M To Exit Jay Peak Suit
• Robinhood MDL Attorneys Vie For Leadership Roles
• Bank's Ex-Leaders Plead Not Guilty To More Fraud Charges
• Pivotal Software Class Challenges $2.7B Sale To VMware
• CFTC Garners $1.4M Order Against Precious Metals Fraudster
• Indian Travel Co. Hit With $39M Arbitral Award Suit In NY
• Most Firms Withhold Hard Data In Human Capital Disclosures
• Esperion Settles Investors' Cholesterol Drug Row For $18M
• US Wants $330M Held By Clyde & Co. In 1MDB Funds Fight
• Credit Suisse Faces Revived Claims Over Inverse VIX Crash
• What OECD Scrutiny Means For Anti-Corruption In Brazil
• Fifth Third Nabs Exit From Investors' Investigation Fraud Suit
• How SPACs Can Avoid Failed China Reverse Mergers 2.0
• VC Investor Seeks Del. Chancery TRO Over Payout Row
• Baker McKenzie Hires Transactional Atty From Baker Botts
• Clark Hill Continues Expansion Of LA Office With New Partner
• UBS Names Ex-Rio Tinto, Novartis Atty As Group GC
• The Pandemic's Bright Spots For Lawyers Who Are Parents
• CBD Co. Dodges Counterclaims From Ex-Consultant, For Now
• Sanctuary Belize Defendants Cheered By Justices' FTC Ruling
• SEC Requests $21M In Follow-Up To Landmark Liu Ruling
• The Gap Urges Judge To Toss Investor's Board Diversity Suit
• Fla. Hedge Funder Charged With $40M Fraud
• Hertz Gives Competing Ch. 11 Sponsor A Week For New Offer
• Avoiding Litigation Risks As SPAC Popularity Explodes
• Hedge Funds Sue Ga. Flooring Co. Over Stock 'Machinations'
• Airline Wi-Fi Provider Can't Dodge Investor Suit
• Time To Replace FBI Interview Memos With Digital Recordings
• Akerman Adds 2 Ex-Nelson Mullins Partners In Tallahassee
• 4 Ways Private Capital-Raising Rules Are Loosening Up
• $190M Merger Suit Survives Despite Papa Murphy's Challenge
• Latest CFTC Bounty Stirs Calls For More Whistleblower Funds
• Chancery Awards BioPharm Co. $38M For Fraud-Tainted Deal
• Canadian Pot Co. Says Accounting 'Error' Doesn't Prove Fraud
• Pharma Co.'s $4.8M Investor Deal OK'd, But Fees Undecided
• Robinhood Says Ice Cube's IP Suit Barred By 1st Amendment
• 8th Circ. Says No Class Cert. For TD Ameritrade Investors
• Garrett Motion's Honeywell Deal Gets Ch. 11 Plan Nod
• Economic Sanctions And Export Controls: A Q1 Update
• Investors Fight El Pollo Loco Insider Trading Suit Toss In Del.
• 4 Firms Eye Lead In Investor Suit Over Altria's $13B Juul Deal
• Revise Mansfield Diversity Mandates To Also Benefit Veterans
• How To Set Execs' Pay In SPACs Without Breaking A Sweat
• Zoom Damages Ruling Benefits Securities Defendants
• UK Litigation Roundup: Here's What You Missed In London
• Who Is Alex Oh? 6 Things To Know About SEC's New Enforcer
• Mo. Atty Agrees To Pay $137K To End SEC's Pot Fraud Suit
• Del. Judge Delays Ch. 11 Ruling Over Hertz False Arrest Suits
• Berkshire Urges 11th Circ. To Toss $4M Life Settlement Ruling
• Louisiana To Settle Rest Of GSE Bond-Rigging Case
• Exelon, ComEd Can't Duck Stock Fraud Suit Over Bribery
• GOP Sens. Say Biden Climate Policies Undermine SEC
• Maynard Opens Atlanta Office With 2 Ex-DLA Piper Partners
• Judge Rips 'Gotcha Litigation Tactics' In US Steel Stock Row
• SEC Taps Paul Weiss Partner To Lead Enforcement Division
• GenMark Investor Wants Records On $1.8B Roche Deal
• SEC Says Ripple Aims To 'Harass' In Latest Discovery Dustup
• PG&E Investor Settlement Gets Initial OK From Judge
• McDonald's Board Sued Over Ex-CEO's Affair Scandal Losses
• Breitling Auditor To Pay $7M To Settle Negligence Claims
• Hertz Gets OK For Creditor Vote On Ch. 11 Plan
• Alsup Scolds Bernstein Litowitz Over Symantec 'Spectacle'
• House Approves Bill For Crypto Regulatory Working Group
• PetroSaudi Seeks Final Ax To Feds' $330M Forfeiture Suit
• Crypto Bills Show Consensus On Need For Federal Oversight
• Ex-Nomura Trader Tells 2nd Circ. He Had No Intent To Harm
• Citizens Financial GC Joins Murphy & McGonigle
• In-Limbo Finders Exemption Legitimizes Market's Open Secret
• Morningstar Says SEC Oversteps Its Authority In Ratings Suit
• DLA Piper Adds Benefits, Exec Comp Partner From Cooley
• What To Expect From FinCEN's Beneficial Ownership Rules
• 9th Circ. Won't Revive Suit Over $1.6B Gigamon Sale
• Using Cryptocurrency To Evade Sanctions Creates New Risks
• 1st Fla. Climate Change Suit May Be Just The Beginning
• Binance.US Taps Ex-OCC Acting Chief As New CEO
• Chancery Nixes Dyal Capital-Owl Rock Tie-Up Injunction
• Fintech Entrepreneur Cops To Fraud In Pandemic Relief Rap
• 4 New SEC Executive Staff Members Bring In-House Expertise
• Edison Execs Hold On To ERISA Stock Case Win At 9th Circ.
• Cayman Fund Seeks To Revive $2B Claim Over Madoff Losses
• FINRA Bars Ex-Goldman Research Analyst For Insider Trading
• Prison Co. Inks $56M Deal To End Investor Suit Ahead Of Trial
• 9th Circ. OKs $52M Fee For Attys In Wells Fargo Suit
• Ponzi Investors Want Class Cert. In Suit Against Comerica
• Pilgrim's Pride Ducks Chicken Price-Fixing Suit Once Again
• Walmart Punished In Opioid MDL For Discovery Defiance
• Crypto Buyer's Claims Against Bibox Came Too Late
• Asset Management Takeaways From SEC Risk Alert On ESG
• Ex-Tax Atty Gets 15-Month Stock Fraud Term Slashed
• Investors Sue Credit Suisse Over Greensill, Archegos Fiascos
• New Vice Chancellor Pick Gets Sterling Endorsements In Del.
• Court Tosses Investor Suit Against Cannabis Firm, For Now
• Michigan Bank, Pension Fund Settle $12.5M Securities Row
• Justices Won't Review Tribune Media Ch. 11 Clawback Case
• China Bank Unit Faces Ponzi Scheme Suit Over $46.5M Loss
• Investors Get $17M To End Suit Over $446M Nutraceutical Buy
• Ex-Katten Atty's Retirement Accounts Can Be Garnished
• Quinn Emanuel, Other Firms Sue MiMedx Over Legal Fees
• Law360's Guide To Biden's Judicial Picks
• SEC Reopens Public Comment On Universal Proxy Proposal
• Skadden-Led Website Biz Squarespace Files Direct Listing
• Chancery OKs $5.6M Settlement In Liberty Tax Investor Suit
• Pension Fund Drops Suit Against Tesla Over $1.8B Bond Offer
• Astrotech Hit With Derivative Suit Alleging Bogus Shares
• Prepare For Global Collaboration In Crypto Tax Enforcement
• Lessons From Federal Fraud Charges Against UBiome
• Why The Future Law Firm Model Is Industry-Based Offerings
• FINRA Fines Trading Firm $250K For Alleged AML Failures
• Chancery OKs $9.5M Fee For Williams Cos. Poison Pill Kill
• Hertz Ch. 11 Bidding War Reignites On Eve Of Disclosure OK
• Ex-Mayer Brown Securities Head Joins Vedder Price In DC
• 6 D&O Provisions To Consider When Buying SPAC Insurance
• YRC Inks $2.1M Deal To End Investors' DOD Overcharge Suit
• Ex-Duane Morris Partner Joins Faegre Drinker Litigation Team
• Madoff's 'Seismic Shift' On SEC, Compliance Still Felt Today
• NortonLifeLock Battles To Disarm Investor's Diversity Suit
• 9th Circ. Stays Mum On Private Plaintiff Issue In Emulex Row
• 'Thumbs Up': Regulators Back Push For Legacy Libor Fix
• Hertz Defends Ch. 11 Plan, Says Exit Needed By Summer
• Mass. Regulator Wants Robinhood Barred From State
• Luckin Coffee Nabs $250M To Fund Restructuring, Settlement
• Ex-Braskem CEO Cops To Petrobras Bribery Charges
• SEC Doles Out Second-Largest Whistleblower Award
• Bernstein Litowitz Will Lead MultiPlan SPAC Suit In Chancery
• DaVita Investors' $135M Deal Gets Final OK in Colo.
• Bursor & Fisher Makes Play To Lead Robinhood MDL
• SEC's Ex-Acting Enforcement Director Joins Simpson Thacher
• Chancery OKs $2.4M Atty Fee In Tribune Poison Pill Drop
• Judge Suggests Lanham Plaintiff Should 'Shake It Off'
• Ky. Pair Plead Guilty In Oil And Gas Investor Fraud Case
• McDermott Can't Ditch CB&I Merger Suit, Texas Judge Says
• Dell Readies VMware Spinoff Featuring $12B Dividend 
• Coinbase's Public Debut Vaults Crypto Further Into Spotlight
• Recidivist Going By 'Richard Richman' Charged With Fraud
• Investor Notches Partial Win In Del. Suit For Biogen Records
• J&J Investors Urged To Reject CEO Pay Over Opioid Litigation
• Ex-Deutsche Traders Urge 2nd Circ. To Nix Libor Convictions
• Michaels Investor Seeks Docs Related To $5B Apollo Buyout
• Where Are They Now: Key Players In The Madoff Case
• Insurance Broker To Pay $3M To Settle With NY Regulator
• Inventor's Trust Sues Ex-Partner's Brother Over Lost Bitcoin
• Finjan Beats Investor Suit Over $44M Fortress Deal, For Now
• Law360's 2021 Securities Editorial Advisory Board
• Creditors Blast Puerto Rico Bond Claims Judgment Motion
• Ex-CEO's Counsel Ducks Specifics As Bond Fraud Trial Opens
• Are Nonfungible Tokens Securities?
• Attys Who Sifted Through Ashes Of Madoff Ponzi Look Back
• Long Fight In Madoff Recovery Efforts Continues
• Del. Justices Asked To Back $1.8B Cigna-Anthem Breakup Fee
• White & Case Adds Baker Botts Capital Markets Atty
• Bernie Madoff, Architect Of $65B Ponzi Scheme, Dies At 82
• Senate Confirms Gary Gensler To Lead SEC
• PwC Whistleblower Asks Judge To Punish Firm As Trial Wraps
• High Expectations For Easy Pivot To McCormick In Chancery
• DC Circ. Urged To Back SEC In 'D-Limit' Fight With Citadel
• Investors Fight Chancery Toss Of $600M Utah Mine Sale Suit
• SEC Urged To Ramp Up Money Market Fund Regulations
• SEC's Latest Guidance Likely To Further Slow SPAC Market
• O'Melveny Adds Former CFPB Lawyer To Fintech Practice
• 2nd Investment Adviser Cops To $100M Loan Fraud Scam
• Blockchain Software Biz Lands $65M From JPMorgan, Others
• Thought Leadership's Critical Role In Law Firm Diversity
• Pomerantz Loses Bid To Replace Robbins Geller In Zoom Suit
• Alsup Trims Drug Co. Investors' Cancer Treatment Study Suit
• Ga. Real Estate CEO Admits Duping Investors Out Of $1.6M
• Regulators Warn That SPAC Accounting Errors Require Fixes
• Three Firms Tapped To Lead Robinhood Order Flow Suits
• Stanford Receiver Nabs $125M Judgment In Ponzi Clawback
• Raytheon Workers Latest To Sue Allianz Over COVID Losses
• Facebook Tells 1st Circ. To Reverse FTC Doc Release Order
• NYC Man Denies Insider Trading In Press-Linked Case
• Couple To Pay $1.6M In EB-5 Visa Fraud Case
• Disney Wants Out Of Ex-Analyst's Whistleblower Suit
• Rite Aid Beats Suit Over Ex-Atty's Insider Trading Warning
• Structural Shift In ESG-Linked Debt May Make Issuance Easier
• Pot Co. Can't Shake Investor's Fraud Suit, Judge Told
• SEC Loses Bid For Ripple Labs Execs' Personal Financial Info
• Norwegian Cruise Line Escapes Investors' Virus Fraud Suit
• Citi Cites Archegos In Push For $500M Revlon Transfer Freeze
• Feds Drop Criminal Charges In Alleged Fintech Fraud Scheme
• SEC Exam Unit Warns Firms Of ESG Disclosure Deficiencies
• Drugmaker MannKind Escapes Investors' Suit At 9th Circ.
• SEC's ESG Unit Chief Says Existing Regs Key To Enforcement
• Fed Asks Banks For Input On AML Risk Models
• Sustainability-Linked Bonds Provide Boost For Green Finance
• Perrigo Execs Ask Out Of Investor Lawsuit Over $1.9B Tax Bill
• Lieff Wants To Know Why Overbilling Probe Cost So Much
• Growth Cos. Should Disclose Projections In IPO Prospectuses
• Investor Says Bitcoin Mining Co. Misused Offering Proceeds
• Breach-Of-Duty Suit Imperils Fiduciary Cases, Chancery Told
• Del. Rulings Guide On D&O Insurance For Corporate Fraud
• What Associates Should Consider Before Switching Practices
• Ga. Investment Adviser Hit With Class Action Over Fees
• Taxation With Representation: Fried Frank, White & Case, Weil
• 3 Reasons Securities Fraud Litigation Exposure Fell In Q1
• McCormick Picked As Bouchard's Del. Chancery Successor
• Boat-Buying Ponzi Schemer Admits Luring Investors
• Oracle, Ellison Try To End Investors' Systemic Racism Claims
• Tech Co. Baidu Dodges Stock Suit Over Chinese Reg Risks
• Banks Can't Duck Foreclosure Claim Rooted In Fraud Scheme
• Blank-Check Co. Picks Up Calif. Pot Brand In $567M Deal
• Scott + Scott To Rep Precigen Investors In Gas Fraud Suit
• SEC Official Warns That SPACs Offer No Legal Shortcuts
• New Bill Aimed At Curbing China Would Expand CFIUS' Power
• SEC's Whistleblower Chief To Depart After Record-Setting Run
• Execs Sued By SEC No 'Mailroom' Underlings, 1st Circ. Says
• Akin Gump Snags Thompson & Knight Energy Duo In Texas
• 4 Effective Ways To Prioritize Client Advocacy
• Kirkland Welcomes New Tax Partner From Weil
• A Call For Greater Clarity Around SEC Cooperation Credit
• Senate Banking Chair Probes Banks Over Archegos Collapse
• 9th Circ. Urged To Revive Investor Suit Over Omitted Deal Info
• 2nd Circ. OKs Plaintiff Swap, Revives Post-Scandal Libor Suit
• Texas Atty Tags $15K Chancery Sanction As Free Speech Hit
• Actor Charged In $690M Netflix, HBO-Based Ponzi Scheme
• Hagens Berman, Faruqi, Others Vying To Rep Clover Investors
• Former Malaysian PM Can't Intervene In 1MDB Evidence Fight
• Tilton Wins Zohar Chancery Suit Over $6.5M Insurance Award
• Remote Law Firm Culture Should Prioritize Associate Training
• Ex-CFPB, Alston & Bird Attorney Joins Credit Card Co.
• 3 Corporate Governance Trends To Watch This Proxy Season
• Judge Dismisses AMD Stock-Drop Suit For Good
• Botched FCPA Defense May Taint Conviction, 1st Circ. Hints
• NFL Investor Taps New Atty For Crypto Case After Fee Dispute
• Jay Peak EB-5 Fraud Case's $8M Deal Nabs Final Approval
• Firm Seeks To Keep Win In Stock Overvaluation Coverage Suit
• FedEx Investor Urges Chancery To Keep Smuggling Suit Alive
• Trusts Seek Class Cert. In BNY Mellon Fund-Selection Suit
• Investor Says Pot Biz's Lack Of Counsel Is Stalling Settlement
• Oil Trader Cops To Role In $22M Ecuadorian Bribery Scheme
• Edison Gets Wildfire Stock-Drop Suit Extinguished
• FINRA Fines Credit Suisse $345K For Worker Oversight Lapse
• Lax Contemporaneity Test Could Buoy Insider Trading Claims
• Virtual Litigation May Unravel The Narcissistic Lawyer
• 2nd Circ. Rebuffs Insider Trading Appeal From Ex-PE Boss
• Claims Narrowed In Investors' $3B Pa. Pipeline Bribery Suit
• Former Maryland US Attorney Joins Gibson Dunn's DC Office
• Rosen Law Aims To Lead Securities Claims In Robinhood MDL
• Ripple Labs Wins Access To SEC Internal Crypto Discussions
• EQT Investors Seek Class Cert. In Suit Over $6.7B Merger
• Ex-CMS Worker, DOJ Say Insider Trading Conviction Must Go
• Madoff Investors Take $41M Ponzi Profits Fight To High Court
• Electric Car Co.'s $2.4B Deal Was Built On Lies, Investor Says
• Crypto Trial Will Have Limited Plexiglass On Scientist's Advice
• Shkreli Prosecutor Promoted To Top Deputy Leading EDNY
• Nexo Users Say Crypto Lender Wrongly Suspended XRP Use
• Troutman-Led GameStop Unveils Potential $1B Stock Offering
• Funds Say Match.com Ruling Won't Help Airline In Safety Suit
• Understanding SPACs' Hidden Capital Costs
• Dyal Highlights NY Injunction Denial In Del. Sixth St. Suit
• Carton Judge Not Signing Off On Restitution Without Details
• 6th Circ. Revives Baker Donelson Malpractice Dispute
• ABA Remote Work Guide Raises Bar For Atty Tech Know-How
• Quinn Emanuel, Robbins Geller Get $28M For SSA Bond Deals
• Janet Jackson Concert Scammer Gets 3 Years
• Robinhood Restricted-Trading Suits Will Play Out In Florida
• Trading Tech Row Tossed For Lack Of Antitrust Harm, Acts
• WageWorks Inks $30M Deal In Investors' Padded Revenue Suit
• Archegos Collapse Drags 'Family Offices' Into The Spotlight
• Strip Club Operator Must Face Investors' Securities Suit
• NFT Craze Generates Slew Of Legal Questions
• COVID-19 Has 'Exasperated' Bank Compliance Teams
• Shkreli Balks At Ban From Leading Public Co., $1.4M Fine
• Chancery OKs Atty Fees For Ripple After Win Over Tetragon
• Taxation With Representation: Kirkland, Torys, Goodwin
• Lateral Hire Conflict Screening Lessons From DLA Piper Case
• Cigna Urges 11th Circ. To Stop Settlement 'Interloper'
• Ex-BlueLinx GC Rejoins Kilpatrick As Corporate Partner
• Snell & Wilmer Snag Atty From Troutman Pepper In San Diego
• Key Enforcement Risks For SPAC Parties Amid SEC Scrutiny
• FinCEN Head Blanco To Depart, Names Acting Director
• What Companies Must Know Before Merging With A SPAC
• Crypto Exchange Coinbase To Make Public Debut April 14
• PE Firm, Ex-Director Can't Reduce $41M In SEC Fines Via Liu
• Calif. Doctor To Pay $3.5M To End SEC's EB-5 Fraud Claims
• Ex-CFTC Chair Tarbert Joins Citadel Securities As Top Lawyer
• SEC, Ex-Katten Partner Reach Deal In Shkreli Fraud Suit
• Energy Industry Water Recycler Floats $400M Notes Offering
• Barclays, Others Freed From La.'s GSE Bond-Rigging Case
• Perrigo Hid $1.9B Tax Bill, Class Says In Seeking Fast Win
• Ex-NFLer Favre Beats Fraud Suit Over Bankrupt Media Co.
• Ill. Court Says Suit Over Failed Shire Merger Rightly Tossed
• Palantir Founders' 'Magical' Stocks Control Co., Chancery Told
• Venator's UK-Based GC Can't Duck Shareholder Suit In Texas
• Feds Drop Securities Fraud Case Against Ex-Brixmor Chiefs
• Navigating Dems' Whistleblower-Friendly Stance
• Investment Scam Routed $4M To Hemp Businesses, Feds Say
• Merrill Pays $450K FINRA Fine For Potential Insider Info Leaks
• BNY Mellon Can't Cite Time Limit Yet In Fund Selection Suit