Securities Archive » May, 2021

Securities - May, 2021

300 articles

• Law360 Names 2021's Top Attorneys Under 40
• Six Flags Says Insurer Withheld Coverage Of Investor Suits
• SEC Sues Crypto 'Promoters' Over $2B BitConnect Offering
• SmileDirectClub Beats Stockholders' $700M Insider Sale Suit
• Trader Owes $23M In FINRA 'Short Squeeze' Arbitration Case
• Kodak Suit Over Exec Stock Options, $765M Loan Sent To NY
• Chancery Orders Redo Of Arguments Heard By Ex-Chancellor
• Carnival Dodges Investor Suit Over COVID-19 Response
• AT&T Tells Judge It Will Battle SEC's Selective Leaks Suit
• IRS Summons Ruling Isn't A Total Loss For Investors
• Venture Firm Can't Escape OvaScience IVF Suit, Judge Says
• 'A Sober Look At SPACs' Finds They Shortchange Investors
• Receiver's Rare Step Gives Investors New Hope After FBI Raid
• SEC Fine Highlights AML Reporting As Enforcement Priority
• 5 Tips To Help Your 2021 Summer Associates Succeed
• EU Renews €6.5M Fine On ICAP Over Yen Derivatives Cartels
• Robinhood Can't Halt Mass. Securities Regulator's New Rule
• Defunct Hedge Fund Accused Of Mishandling $1B In Assets
• Overdraft Fees Reenter Spotlight At 2nd Bank CEO Hearing
• Payment Co. Execs Claim Bogus Merger Terms In Del. Suit
• Thai Court Investigating Toyota Judicial Bribery Claims
• Nebraska Creates Banking Charter For Crypto Services
• Tricida Directors Hit With Securities Suit Over Drug Approval
• Feds Fight Parnas' Bid For Disclosure Of Giuliani Docs
• JPML Weighs Mixing Allianz Suits In NY With Sole Calif. Action
• Judge Urges Toss Of Used Phone Biz Ownership Fight
• Weighing Ability To Pay Criminal Fines Amid FCPA Crackdown
• Investor Says Cred Ch. 11 Can't Block Third-Party Damage Suit
• Firms Should Use Surveys To Make Smart Legal Tech Choices
• NEX Gets TP ICAP Suit Over £1.3B Deal Disclosures Trimmed
• Texas AG's Securities Fraud Suit Will Return To His Home Turf
• Sens. Spar Over 'Woke-ism' In Wall Street Oversight Hearing
• What Biden's Climate Finance Order Means For Energy Cos.
• SEC Could Boost Oversight Of Private Markets, SPACs
• DOJ Takes Toyota Thai Bribery Probe To Texas Grand Jury
• Fenwick, Latham Steer Ziprecruiter's Direct Listing
• Chancery Tosses Suit Over Brookfield's $9.25B GGP Buy
• Haynes And Boone Nets Ex-Greenberg Traurig Corporate Atty
• Ontario Regulator Says Crypto Firm Broke Securities Laws
• Nasdaq Asks SEC To Scrap Direct Listing Price Limits
• Robinhood Urges Judge To Halt Mass. Regulator's 'Overreach'
• Novel Veil-Piercing Claim Kept Alive In Chancery Debt Suit
• ESG Trend Fuels Climate Activists' Victory At Exxon Meeting
• 9th Circ. Case Could Gut Section 11 Shareholder Protections
• FINRA Says Wolverine Failed To Disclose Order Flow Rebates
• GreenSky Investors Strike $27.5M Deal Over IPO Disclosures
• Lordstown Execs Hit With Derivative Suit Over Preorders
• 9th Circ. Tesla Ruling Gets Aerospace Co. Out Of Investor Suit
• Warren To Fed's Quarles: Financial System 'Safer' Without You
• Chancery OKs $15M Towers-Watson Merger Claim Settlement
• Don't Forget Due Diligence In Race For Lateral Associate Hires
• Investor Accuses Austin Real Estate Mogul Of Fraud
• SEC Eyes Feds' Bid To Force Ex-Nomura Trader To Pay $1.2M
• New Circuit Split Complicates Domestic Securities Test
• ESG Framework Must Elevate Workplace Equity
• CBD Co. Seeks To Trim Claims Over Failed Biz Transaction
• Feds Want Multi-Year Sentences For Ex-Deutsche Traders
• Federal Toss Won't Stop NVIDIA Suit In Del., Chancellor Rules
• SEC's Lee Rebukes 'Myths' Related To ESG Disclosures
• Oracle, Ellison Dodge Investor Suit Over Board Diversity
• Highland Capital Accused Of Undervaluing Steel Maker
• MiMedx Not A Victim, Can't Get $40M Restitution In Fraud Suit
• Feds Say Ex-Chadian Diplomats Took Bribes For Oil Contract
• Fed's Brainard Says Digital Dollar Could Yield Safety Benefits
• Execs' Engine Revenue Scheme Inflated Books, Feds Say
• Regs Shouldn't Favor SPACs, Committee Told
• Ex-JPM Trader Tells 2nd Circ. Courts Decide Antitrust Rule
• Investors Want Class Cert. In GE Stock Fraud Suit
• Investment Pro Who Fled U.S. To Dial Up NYC Trial From India
• Investors Allegedly Misled By Dynagas Pitch $4.5M Settlement
• Morgan Stanley Wraps Up Fired Diversity Chief's Bias Suit
• Addressing Environmental Justice As Part Of ESG Initiatives
• SEC Approval Of Nasdaq Plan Expands IPO Alternatives
• Mattel Hit With Derivative Suit In Del. Over $109M Tax Error
• Ex-SEC Whistleblower Chief Joins Arnold & Porter
• 'Shell Game' Claims By Investor In Pot Biz Are Trimmed Again
• Endo Investors Win Operatic Class Cert. In Generic Price Suit
• SEC Pushes For Ripple's Legal Advice On Token's Status
• Winemaker Says He Does Not Have Money For $29M Award
• 3rd Circ. Backs Shutterfly Win In Investor Suit Over $2.7B Deal
• A Benefits Attorney's Guide To Collective Investment Trusts
• 2nd Circ. Cuts Cord On Adelphia Execs' Conviction Challenge
• Delaware's New Chancellor On The Post-COVID Court
• Privilege Waiver Risks From Reps & Warranties Insurance Use
• VW Escapes Investors' German Car Conspiracy Suit In NY
• Third Chinese Co. Assails 'Careless' Blacklisting
• How Tech Race Bill Expands CFIUS Purview To Academia
• Once Sizzling IPO Market Starts To Show Cracks
• Anti-Money Laundering Risks Amid Rising NFT Popularity
• Lessons In Civility From The Alex Oh Sanctions Controversy
• Crypto's Enviro Costs Present Challenges For Companies
• Baker Partner, Ex-Lobbyist Charged In Timber Ponzi Scam
• European 'Neobroker' Raises $900M For Investment Platform
• REV Investors Ink $14M Deal To End Securities Suit
• Lawmakers Propose Amending ERISA To Allow ESG Investing
• Biden Instructs Agencies To Evaluate, Mitigate Climate Risks
• Milberg Clients Get Cert. In Recently Revived Malpractice Row
• Citi Takes $500M Revlon Transfer Freeze Bid To 2nd Circ.
• Investors Drop Suit To Block $2.3B Gov't Tech Merger
• SEC Hits Broker-Dealer With 'Naked' Shorting Suit
• Robinhood To Give Retail Investors Access To IPO Bets
• Elk Petroleum Ch. 11 Trustee Sues Execs For 'Gross' Failures
• Biz Record Admissibility Rule Must Adapt To An ESI World
• What US-French Securities Oversight Efforts Mean For Cos.
• Social Media Co. Tied To Bannon Duped Investors, Suit Says
• FINRA Chair Suggests Tying Exec Pay To Diversity Efforts
• EU Fines 3 Banks €371M For Operating Bond Trading Cartel
• OCC's Hsu Sees Climate, Fintech, Bank Risk Among Priorities
• BofA Atty Says Outside Biz Activities No. 1 Remote Work Risk
• FINRA To Seek Public Input On 'Gamification' Of Stock Market
• Zayo CEO Packed Board Ahead Of $14B Deal, Chancery Told
• Investor Faces Uphill Battle To Revive ICO Case Against T.I.
• PetroSaudi Slams 'Overbroad' Bid For Piece Of $330M Award
• Squarespace Shares Dip Following Direct Listing
• CBS, Moonves Fight Class Cert. For Investors' #MeToo Suit
• Panasonic Whistleblower's SEC Award Exceeds $28M
• 9th Circ. Snuffs Investor's Uber Fraud, Illicit Biz Practices Suit
• Lessons From COVID Securities Rulings On Dismissal Bids
• Robbins Geller Tossed From FIFA Suit For 'Fraud' On Court
• Deutsche Bank Americas GC To Lead Financial Crime Unit
• Under Armour Investors' Claims Survive 3rd Dismissal Bid
• Deutsche Bank Sued Over Forex Rigging By UK Currency Firm
• Nike Asks SEC To OK Plans To Block Investor Diversity Bid
• BakerHostetler Hit With Malpractice Suit Over Stock Sale
• Diverse Team To Lead MDL Against Robinhood, Other Brokers
• House Vote Sends Explicit Ban On Insider Trading To Senate
• FirstEnergy Execs Say Bribery Suit Doesn't Allege Crimes
• Terms Of $2.8B Genomic Sale Shield Deal, Chancery Told
• Power Promoters Want Full Dallas Court To Toss Investor Suit
• Brooks Bros. Ex-Owners Used Ch. 11 To Avoid Deal, Suit Says
• Key GOP Sen. Slams FTC 'Mismanagement' In Merger Reviews
• Justices Must Weigh Class Cert. Denial Stats In Goldman Case
• Judging A Book: Rodriguez Reviews 'When Machines Can Be Judge'
• King & Spalding Snags Ex-Enron Prosecutor From Bryan Cave
• Shareholders Claim HP Hid Sales Practices In Derivative Suit
• 1st Circ. Affirms False Statement Conviction In Vistaprint Case
• Progressives Say Trump Changes Hindered Regulatory Portal
• Kodak Says NY Has Threatened To File Insider Trading Suit
• Judge Slams Chilean Wine Co. For Not Fulfilling $29M Award
• Jay-Z's Pot Co. Invests $50M In Marijuana-Focused SPAC
• Dropbox Investors Seek Initial OK For $1.38M Settlement
• Investor Tells Court $129M Fraud Deal Can't Go Through
• Investor Attempts To Hold Cos. Accountable Are Working
• Ebix Execs Face Shareholder Suit Alleging Mishandled Audit
• S&P Dow Jones To Pay SEC $9M Over Inverse VIX Crash
• OneCoin, 'CryptoQueen,' Financier In Default In $4B Fraud Suit
• Atty Cooperates Against Ex-CEO Charged With $100M Fraud
• Linklaters Nabs 2 In-House Attys To Start US Privacy Practice
• 11th Circ. Won't Rethink Revival Of Lab Trustee's $31M Suit
• Solar Frame Co. Hid COVID-Linked Costs Spike, Investor Says
• Stellantis Inks $5M Deal To End Investor FCA-UAW Bribes Suit
• Les Moonves Forgoes $120M Severance In ViacomCBS Deal
• 5th Circ. Tosses Stanford Ponzi Investors' Claims Against SEI
• Hertz Swaps In New $6B Ch. 11 Plan Sponsor Package
• SEC Commish Says Data Key To GameStop, Other Top Issues
• CFTC Enforcement Predictions After Biden's First 100 Days
• Del. Justices Say Dyal-Owl Rock Merger Can Go Through
• Philly Judge OKs Investors' $4M CBD Study Settlement Deal
• Bibox Fights Token Buyer's Bid To Revive State Law Claims
• Hedge Funder Gets 4 Years After Stealing $2M From Investors
• Lessons In Fiduciary Duty From Employee Stock Plan Ruling
• 5 Steps For Law Firms Rethinking Flexible Work Post-COVID
• 'Public Benefit' Corporate Model Is Making Inroads
• Frisco Atty To Serve 18 Months For Defrauding Client
• UK Litigation Roundup: Here's What You Missed In London
• State Street To Pay $115M After Fed's $290M Overbilling Probe
• SEC Data Push A 'Game Changer' For 2021 Enforcement
• Jones Day Adds 2 New Partners To Global Disputes Practice
• Vaxart Investors Can Tweak Stock Claims Over COVID Vaccine
• Gensler Says Climate Disclosure Rules Among 'Top Priorities'
• Chancery Awards 2.6% Gain To Regal Sale Merger Challengers
• BlackRock Taps Ex-SEC Division Head To Run External Affairs
• BNY Mellon Investor Wants Fee Suit Revived At 3rd Circ.
• US Trustee Asks For Hold On Ascena Ch. 11 Plan
• Eckert Hit With Suit From Financial Adviser Targeted By SEC
• Grayscale Pushes To Register $630M Crypto Fund With SEC
• Assessing SPAC Risk After SEC Pumps Brakes On Market
• Ericsson To Pay Nokia €80M To Nix FCPA Probe-Related Claim
• SEC Fines Broker $1.5M For Failure To Report Cybercrimes
• Trulieve Says Investors' Moldy Pot Suit Doesn't Pass Muster
• Feds Say Private Equity CEO Forged Docs To Get $95M Loan
• Investors Seek $6M Win In Suit Over Failed Hotel Project
• Yahoo Sale Spurs New Patent Holder Bid For $749M Reserve
• Pentagon Removing Chinese Co. Xiaomi From Trump Blacklist
• Figure Gets Nod For Blockchain-Based Securities Trading
• Dyal Tells Del. Justices Sixth Street Seeks A 'Lowball Buyback'
• 2 Charged For Roles In $650M Weed, Cattle Ponzi Scheme
• PureCycle Allegedly Misled Investors Ahead Of SPAC Tie-Up
• Virus-Related Chancery Rulings Show High Bar For M&A Exits
• Del. Justices Warned Of 'Frankenstein' Risk In Appraisal Fight
• Citi Denied $500M Freeze Extension In Revlon Transfer Fight
• Father-Son Investment Duo Can't Duck SEC's Fraud Claims
• Buyback Padded Founders' Pockets, Travel Co. Workers Say
• Rosen Law Will Lead Walmart Investor Suit In Delaware
• DC Judge Sanctions Paul Weiss, Alex Oh In Exxon Case
• Holland & Knight Snaps Up Former SoftBank Deputy GC
• Hertz Ch. 11 Auction Ends With $6B Knighthead Winning Bid
• Judge's Rebuke Of Mass. AG Has Lessons For All Attorneys
• Biden's 3rd Wave Of Judicial Picks Has 3 For Circuit Courts
• Elizabeth Holmes' Mystique Unlikely To Survive Looming Trial
• Tesaro Directors Slam 'Innuendo' In Del. Suit Over $5.1B Sale
• Privately Held Pot Co. Raises $55M In Deal Led By 2 Firms
• BitMEX Anti-Money Laundering Trial Set For March
• Arent Fox Adds Ex-Cooley Atty To Partnership In DC
• SEC Brought 75 Crypto-Related Actions In 7.5 Years
• JPMorgan Whistleblower's Rigging Suit Axed By Mass. Court
• FDIC Wants Crypto Info From Banks Amid Global Digital Push
• Font Considerations To Give Your Legal Briefs An Edge
• Icahn Escapes Voltari Buyout Suit Claiming 'Ill-Gotten' Gains
• 1st Circ. Affirms UBS Win In $70M Puerto Rico Arbitration Row
• Blue Apron Investor Deal Lands Plaintiff Attys $3.3M
• SEC Hands Out $22M Award, Settling Whistleblower Spat
• Cohen Milstein Rips Paul Weiss, Alex Oh's 'Half Apologies'
• Industry Groups Back Citi In 2nd Circ. Revlon Transfer Fight
• 1st Circ. Agrees Ex-Tech Firm Execs 'Instrumental' In Scheme
• Canopy Didn't Mean To Mislead Investors, Judge Says
• Wynn Bets On $3.2B SPAC Deal For Online Gambling Biz
• Make Profitability Management Part Of Your Law Firm Culture
• ETE Equity Gambit Snarled $38B Williams Deal, Ex-CFO Says
• Outsourcing Proxy Voting Is Still A Concern After SEC Rule
• How D&O Coverage Fits Into Diversity Claim Mitigation
• Congressional Scrutiny Adds Momentum For SPAC Oversight
• 1MDB Sues Deutsche Bank, Others For $23B Over Scandal
• Altria Says Motley Rice Can't Be Co-Lead Counsel In Juul Row
• Investors, CBD Pharma Co. Reach Deal Over Clinical Trial Suit
• KPMG To Face Investor Class Action Over Miller Energy Audit
• VanEck Files For Exchange-Traded Fund Focused On Ether
• Alex Oh Says She Rues 'Breakdown Of Civility' In Exxon Case
• Chancery Denies Tilton Secrecy Bid In Cosmetics Co. Dispute
• SEC Approves 1st Security-Based Swap Data Repository
• China-Based Taco Bell Operator Blasts SEC Audit Proposal
• Investor Says Feds' EB-5 Visa Delay Violates Statutory Duty
• Ex-BigLaw Atty Gets Prison For Conduct In Bankruptcy Case
• Feds Can't DQ Ex-CFTC Adviser From Spoofing Case
• Robinhood Data Breach Suit Trimmed, But Still In Play
• NY AG Moves To Halt Crypto Firm After New Investor Claims
• CBD Co. Exec Can't Dodge Investor's Fraud Claims
• Robinhood Fight Will Test Mass. Securities Chief's Authority
• Lawmakers Ask GAO To Review Target-Date Retirement Funds
• Eaton Vance Fund Ruling Shows Perils Of Defensive Bylaws
• SEC Scrutiny Spooked The SPAC Market, But Won't Stifle It
• UK Litigation Roundup: Here's What You Missed In London
• Judge Temporarily Lifts Pentagon's CCMC Label On Tech Co.
• Ex-Theranos CEO Vies To Shield Jury From Wealth, Reportage
• 5 Takeaways From Gensler's Debut In Congress As SEC Chair
• Alex Oh Lawyers Up In Exxon Case After Brief SEC Stint
• Crypto Trader Can't Nix SEC Subpoena On Privacy Grounds
• Chancery Keeps $6.1B Pattern Energy Deal Challenge Alive
• WSFS Investor Says Financial Unknowns Plague $976M Deal
• GoDaddy Taps McKesson Corp. Atty For CLO Slot
• 4 Trends In Discoverability Of Litigation Funding Documents
• FTC, DOJ Show No Sign Of Resuming Early Merger OKs
• Ex-Theranos CEO Blasts Government's Expert Witness Plan
• Butler Snow Ends Appeal After $9.5M Timber Scam Settlement
• Ransomware Scourge May Be Nearing Its Breaking Point
• Developer Sees Claims Trimmed From $100M EB-5 Fraud Suit
• Sens. Urge FinCEN To 'Promptly' Roll Out Corporate Database
• Gensler Says SEC Is Mulling Rules On Gamelike Trading Apps
• Quest Can't Ditch ERISA Class Action Over 401(k) Investments
• Hertz Says New Ch. 11 Sponsor Bid Tops Centerbridge Deal
• Duff & Phelps Says It's Not Liable For $789M Ponzi Claims
• W.Va. Consumer Law Changes Offer Help For Finance Cos.
• Baker Donelson Loses Bid To Shake Timber Scam Suit
• SEC Should Drop Litigation Over Ripple's XRP Token
• MiMedx Slams Quinn Emanuel Fees As 2 Other Firms Settle
• Baker Botts Snags Paul Hastings Ex-Houston Corporate Chair
• Ex-Theranos CEO's Defense Emerges In Pre-Trial Battle
• Tech Co. Says ERISA Suit Is Meant For Court, Not Arbitration
• Chancery Says Altaba Needn't Put Up $749M For Patent Case
• $95M Tableau Stock-Drop Settlement Gets Initial OK
• Kirkland Hires ESG Partner From Latham & Watkins
• D&O Insurance Implications From Tesla's Stock Drop Suit
• Investment Firm Faces $3M Fraud Suit Alleging Risky Moves
• Ex-CEO Ducks Prison After Helping Feds In Stock Fraud Probe
• Enabling Nonsecurity Fractional Ownership Of NFTs
• 7 Lessons For Young Lawyers Starting Their Careers
• Lawmakers Urge Yellen To Stiffen Reporting For Hedge Funds
• Hertz Confirms New Sponsor Offer In Seesaw Del. Ch. 11
• Mattel Investors Seek Class Cert. Over Understated Tax Bill
• Under Armour To Pay $9M To Resolve SEC Disclosures Probe
• Chancery OKs Atty-Client Privilege Waiver In Elon Musk Suit
• Feds Stand By 1MDB Link In $330M PetroSaudi Forfeiture Suit
• INX Raises $85M In First IPO Of Registered Security Token
• Cisco Calls Investor Suit 'Wrong Means' For Tackling Diversity
• Energy Biz Secures Partial Coverage For Shareholder Suit
• Synchronoss Beats Revised Shareholder Suit Over Unit Sale
• Jury Got Ex-JPM Trader's Conviction Right, Feds Tell 2nd Circ.
• Travelers May Be Partly Liable After $22M Win Over Calamos
• Blank Rome Seeks Arbitration In Platinum Malpractice Case
• Construction Co. Inks $129M Deal On Investors' Fraud Claims
• SEC Says Convicted Felon Ran $17M Securities Scam
• CBD Co. Zynerba, Investors Seek OK For $4M Settlement Deal
• Investor Sues To Halt $1.4B Hilton Grand's Timeshare Biz Buy
• Mammoth Energy Settles Investors' Fraud Suit For $11M
• Retiring Del. Chancellor Makes TransPerfect Pay $3.2M In Fees
• Justices End Madoff Investors' Fight For $41M In Ponzi Profits
• Archegos Fallout Is A Wake-Up Call For Banks
• SEC's Peirce On Crypto Ambitions, GameStop's Lessons
• Del. Justices Ax Cigna's $1.8B Fee Bid In Failed Anthem Deal
• High Court Won't Disturb Wells Fargo's ERISA Stock Drop Win